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Archive: All news

  • AirAsia X fourth quarter earnings soar on forex gains

    February 21, 2018 2:07 PM 10

    PETALING JAYA: AirAsia X Bhd’s (AAX) net profit for the fourth quarter ended Dec 31, 2017 more than doubled to RM84.41 million from RM39.01 million a year ago, due mainly to foreign exchange gains. The group recorded revenue of RM1.22 billion for the quarter, 4% higher than the RM1.17 billion achieved in the same quarter a year ago. It was supported

  • AC Milan owner Li dismisses bankrupt reports as ‘fake news’

    February 21, 2018 1:17 PM 9

    File picture shows David Han Li (left), Li Yonghong (centre) and Marco Fassone showing an AC Milan jersey during a news conference in Milan, April 14, 2017. — Reuters picMILAN, Feb 21 — AC Milan owner Li Yonghong has dismissed reports that he has been declared bankrupt in China as “fake news”. Chinese businessman Li — who purchased the Italian club for €740 million

  • Russia denies role in strikes killing civilians in Syria’s E Ghouta

    February 21, 2018 12:54 PM 11

    Smoke rises from the rebel held besieged town of Hamouriyeh, eastern Ghouta, near Damascus, Syria, February 21, 2018. — Reuters picMOSCOW, Feb 21 —The Kremlin today denied involvement in air strikes on Syria’s rebel-held Eastern Ghouta enclave that monitors say have killed at least 250 civilians since the start of the week. “These are groundless accusations

  • Lower Q4 net profit for UOA Development

    February 21, 2018 12:44 PM 10

    PETALING JAYA: UOA Development Bhd’s earnings dropped 44.6% to RM191.8 million for the fourth quarter ended Dec 31, 2017, from RM346 million in the previous corresponding quarter, mainly due to the absence of fair value adjustments in the current quarter. Revenue declined 26.4% to RM199.27 million, compared with RM270.64 million in the same period in 2016. UOA has recommended

  • Check before spreading fake news on social media, says Prime Minister’s Office

    February 21, 2018 12:32 PM 9

    The Prime Minister’s Office has urged the public to check the authenticity of news they received through social media before spreading it to other people. — AFP picKUALA LUMPUR, Feb 21 — The Prime Minister’s Office (PMO) has urged the public to check the authenticity of news they received through social media before spreading it to other people. The spreading

  • Rare toll booth power failure causes traffic backlog

    February 21, 2018 12:26 PM 8

    A power outage at the Sungai Buloh toll plaza caused over an hour of backlogged traffic spanning several kilometres this evening. — Picture via Facebook/Pine LoPETALING JAYA, Feb 21 — A rare power outage of several booths at the Sungai Buloh toll plaza caused over an hour of backlogged traffic spanning several kilometres this evening. According to a Astro

  • Sinabung volcanic eruption has no impact on air quality in Malaysia, says minister

    February 21, 2018 12:18 PM 10

    A villager sprays pesticide over potato crops as Mount Sinabung spews ash at Sibintun village, North Sumatra province February 4, 2014. Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the eruption of Mount Sinabung in Sumatra has not and will not affect the air quality in Malaysia. — Reuters picPUTRAJAYA, Feb 21 — The eruption of Mount Sinabung in Sumatra

  • Lebanon arrests former IS financial official, says source

    February 21, 2018 11:42 AM 9

    Despite being defeated in Syria, IS militants are still active. — Reuters picBEIRUT, Feb 21 — Lebanese intelligence arrested a man today they believe was a financial official for Islamic State in Syria, a security source said. The Syrian, arrested in the northern Lebanese city of Tripoli, was responsible for collecting money for the militant group in Albu Kamal

  • University Malaya launches Thesis Easy

    February 21, 2018 11:26 AM 11

    KUALA LUMPUR: Students facing a hard time completing their academic papers can now say goodbye to their struggles with the launch of University Malaya's (UM) 'Thesis Easy', an e-graphic handbook on research and academic writing. The e-book, the first of its kind, was authored by 32 UM students with the aim of providing students with an easily accessible

  • Malaysia retains position as world's largest sukuk issuer

    February 21, 2018 10:44 AM 11

    KUALA LUMPUR: Malaysia maintained its leadership as the world's largest sukuk issuer in 2017, accounting for US$36.5 billion (RM142.7 billion) of global sukuk issuance. It was followed by Saudi Arabia (US$31.7 billion), Indonesia (US$6.9 billion) and Qatar (US$5.6 billion), RAM Rating Services Bhd said in a statement today. The volume of global sukuk