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Ringgit climbs for 7th straight session after US rate cut
KUALA LUMPUR: The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported…
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OpenAI lays groundwork for juggernaut IPO at up to US$1 trillion valuation
The IPO push shows OpenAI’s intent to go public swiftly following a restructuring that eased its reliance on Microsoft. (Unsplash…
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Starbucks returns to growth on strong international sales
Starbucks’ same-store sales were driven by a 3% rise in international markets, with China rebounding, while US performance remained flat.…
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Hyundai to recall more than 180,000 cars due to defects
Home to Hyundai and Kia, South Korea manufactured numerous batteries and EVs, with 9.3% of new car sales last year…
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Uber plans San Francisco robotaxis in Waymo challenge
Waymo robotaxis grew in popularity in San Francisco, becoming a tourist attraction after testing began in 2021 and public launch…
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Google parent Alphabet posts first US$100bil quarter as AI drives growth
Google’s Q3 revenues climb 16% to US$102.3 billion, marking a milestone for the company founded by Larry Page and Sergey…
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Stocks fall, US dollar strengthens after Powell cools Dec rate cut hopes
Markets were pricing in a roughly 85% chance of a December cut, which stumbled to about 65% following Jerome Powell’s…
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Divided US Fed backs second quarter-point rate cut of 2025
Federal Reserve chairman Jerome Powell speaks at a news conference after the FOMC meeting in Washington. (AP pic) WASHINGTON: The…
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Petronas-Eni SpA JV deal to be fast-tracked, says Anwar
Prime Minister Anwar Ibrahim said both he and his Italian counterpart have agreed to expedite and conclude the Petronas-EnI collaboration…
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Boeing reports US$5.4bil loss on large hit from 777X aircraft delays
Two fatal Boeing crashes in 2018 and 2019 prompted increased scrutiny from the US Federal Aviation Administration over new aircraft…
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