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Johnson & Johnson proposes RM223b settlement for talc cancer lawsuits
NEW YORK, July 28 — US pharmaceutical giant Johnson & Johnson has offered US$5.5 billion (RM22.5 billion) to settle tens of thousands of lawsuits claiming that its talcum powder products caused ovarian cancer, the company said Monday. The proposed settlement
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Ringgit strengthens against greenback and major currencies as markets await Fed decision
KUALA LUMPUR, July 27 — The ringgit closed higher against the greenback and other major currencies today, ahead of the US Federal Reserve (Fed) meeting tomorrow and Wednesday to decide on interest rates. At 6 pm, the ringgit climbed to
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Proton e.MAS books 20,000 sales in first seven months of 2026, now has 42pc of Malaysia’s EV market
KUALA LUMPUR, July 27 — PRO-NET, a wholly owned subsidiary of Proton, announced today that Proton e.MAS has surpassed 20,000 vehicle sales within the first seven months of 2026. According to data from the first half of the year, Proton
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Indonesia’s central bank governor resigns as economy enters tailspin
JAKARTA, July 27 — Indonesia’s central bank governor has resigned early as the country battles a weakening currency and other economic woes sparked by the Middle East war, the government said Monday. President Prabowo Subianto has accepted the resignation of
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Oil prices fall 5.5pc as US-Iran strike pause opens door to talks
TOKYO, July 27 — Oil prices dropped sharply at Monday’s opening of Asian markets as investors breathed cautious sighs of relief following two consecutive nights without US strikes on Iran, leaving the door open for new talks. The price of
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Buyer’s market: Dubai residents cash in on real estate cooldown as prices fall up to 20pc amid Middle East war
DUBAI, July 26 — Just over a year after moving to Dubai, Steve found himself moving unexpectedly up the property ladder, taking advantage of a cooling real estate market amid the Middle East war. His new apartment is larger and
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Singapore’s Scoot airline expands Malaysia network as leisure and business travel stay strong
KUALA LUMPUR, July 26 — Malaysia remains a key market for Scoot, the low-cost carrier of the Singapore Airlines (SIA) Group, driven by sustained demand for leisure and business travel, the airline’s chief commercial officer Calvin Chan said. He said
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US Fed tipped to hold rates as inflation, Iran war cloud outlook
WASHINGTON July 26 — The US Federal Reserve is set to hold its second meeting under new chairman Kevin Warsh starting Tuesday, with markets expecting policymakers to keep interest rates steady amid inflation concerns that could be exacerbated by US
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Iran says oil trade stayed afloat through war and truce with US$18b in sales
TEHRAN, July 26 —Iran’s oil ministry on Saturday said it was able to sell a total of US$18 billion (RM73.62 billion) worth of oil during the war and the ensuing ceasefire with the United States. “The ministry sold US$11.5 billion
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PM Anwar: Malaysia’s halal certification should be backed by industry capabilities
BUKIT MERTAJAM, July 25 —Malaysia has the potential to emerge as a global halal industry hub if its internationally recognised halal certification system is backed by robust industry capabilities and strategic international collaboration. Prime Minister Datuk Seri Anwar Ibrahim said
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