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Bank Negara imposes penalties on four financial institutions for regulatory breaches

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KUALA LUMPUR: Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty on four banks, namely Bank Pembangunan Malaysia Bhd (BPMB), HSBC Bank Malaysia Bhd, HSBC Amanah Malaysia Bhd and Maybank Islamic Bhd for […]

MPI 3Q profit up 22%, remains cautious over US tariffs

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KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI) will actively monitor the impact of the US administration’s newly announced reciprocal tariffs, which have added to global economic uncertainties. Read full story […]

OSK expects steady 2025 backed by core segment performance

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KUALA LUMPUR: OSK Holdings Bhd is confident of delivering satisfactory results for 2025, with its property development division as a key profit driver well-positioned for strong performance. Read full story […]

Last-minute selling pushes FBM KLCI to intraday low

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KUALA LUMPUR: Last-minute selling pushed the FBM KLCI lower on Wednesday, after spending the day vacillating between gains and losses. Read full story Date: 28 May, 2025 6:03 pm Source: […]

Shein working towards Hong Kong listing after London IPO stalls, say sources

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HONG KONG/DUBAI/LONDON: Shein is working towards a listing in Hong Kong after the online fast-fashion retailer’s proposed initial public offering (IPO) in London failed to secure the green light from […]

Many Ukrainians baulk at conceding land to Russia, entangling nascent peace process

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KYIV/DNIPRO, Ukraine (Reuters) -Mariupol natives Oleksandr and Liudmyla Lytvyn fled home three years ago during Russia’s 86-day siege of the port city in southern Ukraine. Now they are following peace […]

Dutch intelligence agencies say Russian hackers stole police data in cyberattack

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A previously unknown Russian hacker group with suspected ties to the Kremlin was responsible for a cyberattack last year on the Dutch police and has also targeted other Western nations […]

Arctic warming seen at three times global average in years ahead, UN weather agency says

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GENEVA (Reuters) -The world is expected to experience more record temperatures over the next five years, with Arctic warming predicted at more than three times the global average, a new […]

Exclusive-Putin, for Ukraine peace, wants a pledge to halt NATO enlargement, sources say

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MOSCOW (Reuters) -President Vladimir Putin’s conditions for ending the war in Ukraine include a demand that Western leaders pledge in writing to stop enlarging NATO eastwards and lift a chunk […]

Nets and high-tech hijackings: Anti-drone systems offer new ways to counter rising threats

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Cheap and easily modified, unmanned aerial vehicles have become a part of daily life as well as a tool for governments and bad actors alike – used for intelligence gathering, […]

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