Author: Bernama

Research houses mixed on TM’s earnings forecast

KUALA LUMPUR: Research houses have recalibrated Telekom Malaysia Bhd’s (TM) earnings projections amid their mixed views on its financial year 2023 and 2024 (FY2023-FY2024) performance. Hong Leong Investment Bank (HLIB) has lifted TM’s FY2023-FY2024 earnings forecasts by 6.0 per cent and five per cent respectively and reiterated a ‘Buy’ call

Bursa continues slide after weaker US biz confidence

KUALA LUMPUR: Bursa Malaysia continued to be under pressure as Wall Street closed on a downbeat note following the latest economic data showing weaker business confidence. At 9.18 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.82 points to 1,448.37 from Tuesday’s closing of 1,454.19. The index opened

26 dead in Greece train collision

WASHINGTON: The death toll from a collision between a passenger train and a cargo train in Elassona municipality in northern Greece has risen to 26. Eighty-five people were also injured, Anadolu Agency quoted Vassilis Vathrakogiannis, the representative of the Fire Service, as reported by Greece’s public broadcaster ERT. Of the

Govt taking firm steps to tackle rising cost of living

KUALA LUMPUR: Although various parties have criticised Prime Minister Datuk Seri Anwar Ibrahim’s maiden budget, particularly in relation to the expected rise in the nation’s debt, some experts see the unity government’s move as necessary to protect the welfare of the people. Budget 2023 is the biggest national budget in

Johor hit by floods again, 1,591 victims evacuated

JOHOR BAHRU: Floods hit Johor again following the continuous heavy rain since yesterday, forcing the evacuation of 1,591 victims in four districts to 21 relief centres (PPS) as of 8 am today. The State Disaster Management Committee (JPBN), in a statement, said the PPS were opened in stages since 10.30

Car swept off road by floods in Sarikei, two men rescued

SARIKEI: Two men went through a terrifying moment when the Honda City car they were travelling in was swept by a strong current on Jalan Skim B, Meradong in Bintangor early today. Bintangor Fire and Rescue Station chief Nicholas Belulin said the station received an emergency call about the incident

Twitter launches ‘zero tolerance policy towards violent speech’

WASHINGTON: Twitter announced Tuesday that it has launched its ‘Violent Speech’ policy, Anadolu Agency (AA) reported. In a tweet, the company said it has made a few changes to its policies around violent content and similar language. “Today, we’ve officially launched our Violent Speech policy, which prohibits violent threats, wishes

2 killed, 140 injured in 5.6-magnitude quake in Türkiye

ANKARA: Two people died and 140 others were injured after a 5.6-magnitude earthquake struck the southeastern Turkish province of Malatya on Monday, Türkiye’s Disaster and Emergency Management Authority (AFAD) announced Tuesday. Among the injured people, 40 have been hospitalised, 12 of whom remained in serious condition, the AFAD said in

15.5 mln US children infected with Covid-19

LOS ANGELES: Almost 15.5 million children in the United States are reported to have tested positive for Covid-19 since the onset of the pandemic, according to the latest report by the American Academy of Pediatrics (AAP) and the Children’s Hospital Association. Over 121,000 of these cases have been added in

Warning of continuous heavy rain in Sarawak until tomorrow

KUALA LUMPUR: The Malaysian Meteorological Department (MetMalaysia) has issued an alert-level continuous rain warning for Sarawak covering Kuching, Serian, Samarahan, Sri Aman, Betong, Sarikei, Sibu, Mukah and Bintulu (Tatau and Bintulu) until tomorrow. Similar weather is also expected to occur in Pahang involving Cameron Highlands, Lipis and Raub. In a