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  • Asian markets dive with Fed set for more rate hikes
    News
    AFP News

    Asian markets dive with Fed set for more rate hikes

    Asian markets resumed their downtrend on Thursday as investors contemplated more interest rate hikes by the Federal Reserve, while Washington added to China-US frictions and Brexit negotiators struggle to find common ground. The broad rally across world markets in the middle of the week that was fuelled

  • Freed Vietnam blogger 'Mother Mushroom' arrives in US
    News
    AFP News

    Freed Vietnam blogger 'Mother Mushroom' arrives in US

    A dissident Vietnamese blogger known by her pen name 'Mother Mushroom' has arrived in the United States after her surprise release from prison, telling a large crowd of supporters she will "never keep silent" in her fight for democracy in the one-party state. Nguyen Ngoc Nhu Quynh,

  • Ericsson tops third-quarter forecasts as savings and 5G sales kick in
    Tech
    Reuters

    Ericsson tops third-quarter forecasts as savings and 5G sales kick in

    Marking its third consecutive quarter of substantial progress toward its 2020 financial targets, the company reported net sales rose 9 percent to 53.8 billion Swedish crowns ($6 billion) thanks to strong growth in its networks business. Ericsson has pledged to deliver a gross margin of 37-39 percent

  • Hong Kong takes 7th place for global competitiveness but lags Singapore in 2018 World Economic Forum study
    News
    South China Morning Post

    Hong Kong takes 7th place for global competitiveness but lags Singapore in 2018 World Economic Forum study

    Hong Kong has outperformed Singapore in entrepreneurship but fallen short in innovation by taking seventh place in a study of global competitiveness by the World Economic Forum. The Geneva-based institution placed the Lion City in second and the United States No 1 in the 2018 edition of its Global Competitiveness

  • 'Desperate' times for Australian government as crunch election looms
    News
    AFP News

    'Desperate' times for Australian government as crunch election looms

    Australia's embattled centre-right government faces a make-or-break test this weekend, with by-election voters in Sydney's wealthy beachside suburbs apparently poised to wipe out Prime Minister Scott Morrison's slender parliamentary majority. Polls show the government losing in Wentworth

  • GPS lambasted for move to stop community leaders from attending federal ministers’ functions
    News
    Malay Mail

    GPS lambasted for move to stop community leaders from attending federal ministers’ functions

    KUCHING, Oct 18 — The state ruling Parti Gabungan Sarawak (GPS) has been criticised for issuing an official memorandum ordering community leaders to only attend functions organised by the state...

  • South Korea's taxi drivers protest against plans for carpool service
    News
    Reuters

    South Korea's taxi drivers protest against plans for carpool service

    Tens of thousands of South Korean taxi-drivers held a massive rally on Thursday in Seoul, the capital, saying a carpooling service planned by the operator of the country's top chat app would threaten their livelihoods and jobs. The protest is the latest challenge to ride-sharing services in South

  • South Korea's taxi drivers protest against plans for carpool service
    Tech
    Reuters

    South Korea's taxi drivers protest against plans for carpool service

    The protest is the latest challenge to ride-sharing services in South Korea, which has one of the world's highest smartphone penetration rates, with nearly half its population of about 51 million living in the Seoul metropolitan area. Backlash from taxi drivers and government regulations in Asia

  • French finance minister to shun Saudi conference over missing journalist
    News
    Reuters

    French finance minister to shun Saudi conference over missing journalist

    French Finance Minister Bruno Le Maire added his name to a growing list of government ministers and prominent business executives cancelling their attendance at a Saudi Arabia investment conference over the fate of a Saudi journalist. Le Maire said Saudi authorities needed to explain the disappearance

  • SAP raises guidance as cloud transformation gathers pace
    Tech
    Reuters

    SAP raises guidance as cloud transformation gathers pace

    Europe's most valuable tech company is ramping up sales and installations of its cloud-based S/4HANA business suite, which is superseding its mainstay Business Suite enterprise software that is sold under license and runs at on-site servers. "The future has never been brighter at SAP - we'

  • Turkish investigators search Saudi consulate premises again
    News
    Reuters

    Turkish investigators search Saudi consulate premises again

    Turkish investigators searched the Saudi consulate in Istanbul overnight as part of a probe into Jamal Khashoggi's disappearance, while U.S. President Donald Trump said he did not want to abandon his Saudi ally over the missing journalist. The crime scene team left the Saudi consulate early on Thursday

  • Cops bust Penang motorcycle theft gang
    News
    Malay Mail

    Cops bust Penang motorcycle theft gang

    GEORGE TOWN, Oct 18 — Nine youths, notorious for being able to steal a motorcycle in under five minutes and known as the “Geng Kuda Kepang”, have been arrested. Southwest district police chief...

  • Tokyo's Tsukiji hold-outs defy demolition orders and trade on
    News
    AFP News

    Tokyo's Tsukiji hold-outs defy demolition orders and trade on

    A handful of traders and their supporters are defying demolition orders for Tokyo's historic Tsukiji fish market and continuing to trade there despite most vendors moving to a new site. Tsukiji held the last of its world-famous pre-dawn tuna auctions earlier this month, with trading now moved to

  • After settling RM1m suit, Canadian Muslim preacher starts bankruptcy proceedings against Zamihan
    News
    Malay Mail

    After settling RM1m suit, Canadian Muslim preacher starts bankruptcy proceedings against Zamihan

    PUTRAJAYA, Oct 18 — Qatar-based Canadian preacher Abu Ameenah Bilal Philips has initiated bankruptcy proceedings against local preacher Zamihan Mat Zin, just months after the duo came to a...

  • U.S. opposed to Koreas' plan for no-fly zone over border: sources
    News
    Reuters

    U.S. opposed to Koreas' plan for no-fly zone over border: sources

    The United States opposes a plan by South and North Korea to set up a no-fly zone over their heavily fortified border, the latest sign of a rift between Seoul and its top ally, two sources familiar with the matter told Reuters. Washington and Seoul both publicly insist they are on the same page about

  • Bung Moktar’s slip-up a lesson for all MPs, says law minister
    News
    Malay Mail

    Bung Moktar’s slip-up a lesson for all MPs, says law minister

    KUALA LUMPUR, Oct 18 — De facto law minister Datuk Liew Vui Keong said today MPs should watch their language when in the Dewan Rakyat and abide by the parliament rules. He was commenting on the...

  • Hindu hardliners step up campaign to block Indian temple to women
    News
    AFP News

    Hindu hardliners step up campaign to block Indian temple to women

    Hindu hardliners blocked intersections, threatened drivers and ordered a 12-hour strike on Thursday as they stepped up their campaign to bar women from one of India's holiest temples. The Lord Ayyappa temple at Sabarimala in the southern state of Kerala was meant to allow women from Wednesday following

  • TSMC third-quarter profit slips 0.9 percent amid trade war uncertainty
    Tech
    Reuters

    TSMC third-quarter profit slips 0.9 percent amid trade war uncertainty

    TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world's largest contract chipmaker, reported a 0.9 percent fall in third-quarter net profit, amid worries over trade tensions that could undermine global technology demand. TSMC, whose clients include iPhone maker Apple Inc

  • Tax byte: Africans fear trend towards levies on data, services
    Tech
    Reuters

    Tax byte: Africans fear trend towards levies on data, services

    How to tax digital revenues, from fintech to social media, is a puzzle authorities around the world are working on. A solution catching on in Africa - levies on usage - has obvious appeal to indebted governments but a big impact on people like Kirya, who saw the tech revolution as a way out of poverty

  • Hong Kong mega bridge launch announcement sparks backlash
    News
    AFP News

    Hong Kong mega bridge launch announcement sparks backlash

    An opening ceremony has finally been announced for the world's longest sea bridge connecting Hong Kong, Macau and mainland China, but critics hit back Thursday over the secrecy surrounding the launch. Construction started in 2009 on the 55-kilometre (34-mile) crossing, which includes a snaking road

  • Mattis to meet Chinese counterpart amid tensions
    News
    AFP News

    Mattis to meet Chinese counterpart amid tensions

    US Defence Secretary Jim Mattis is set to meet his Chinese counterpart Thursday after earlier talks were scrapped amid soaring tensions between the nuclear powers over trade tariffs and sanctions. The much-anticipated meeting between the Pentagon chief and General Wei Fenghe on the sidelines of a regional

  • What smoking ban? Parliament minister says Speaker unaware of ruling
    News
    Malay Mail

    What smoking ban? Parliament minister says Speaker unaware of ruling

    KUALA LUMPUR, Oct 18 — Minister in charge of Parliament Datuk Liew Vui Keong said Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof was not informed of the smoking ban that was enforced in...

  • Italy's Salvini says may run for EU Commission presidency - paper
    News
    Reuters

    Italy's Salvini says may run for EU Commission presidency - paper

    MILAN (Reuters) - Italian Deputy Prime Minister Matteo Salvini, head of the League party, was quoted as saying he may consider running for the presidency of the European Commission at the next elections.

  • Afghan-style democracy faces test in legislative election
    News
    AFP News

    Afghan-style democracy faces test in legislative election

    At least 10 election candidates have been killed, thousands of polling centres closed, and many voters are likely to stay home due to the threat of militant attacks. This is democracy, Afghanistan style. Almost nine million people have registered to vote in the October 20 parliamentary election, which

  • Mideast ride-hailing app Careem raises $200 million to expand, expects more funds
    Finance
    Reuters

    Mideast ride-hailing app Careem raises $200 million to expand, expects more funds

    Middle East ride-hailing company Careem said on Thursday it had secured $200 million in fresh funding from existing investors and that it expects to raise more to finance expansion plans. A source close to the deal told Reuters the latest investment gave the ride hailing company an estimated valuation