Tesla loses more than $244 billion in a month as rally fizzles

(Reuters) – Shares of Tesla Inc fell for a fifth consecutive session on Monday, caught in a tech-led selloff that has wiped more than $244 billion off the company’s market value over the last month. High-flying tech stocks, which powered the market’s rebound from the pandemic lows in March last year, have been hit by […]

Labour market remains challenging

MALAYSIA’S labour force condition recovered modestly in January 2021 with a slight increase in unemployment rate at 4.9%, according to the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin (picture) said entering the year 2021, the labour market remained in a challenging situation following the rising number of Covid-19 new […]

Analysts do not expect any earnings surprises from Malaysian property sector

PETALING JAYA: Analysts expect no surprises in earnings prospects for the local property sector over the short to medium term, as developers are more aggressive in clearing unsold units by offering discounts with the inventory level on a declining trend AmInvestment Bank Research (AmResearch) said developers generally reported lower new sales year on year, by […]

Guna duit i-Sinar ‘kenduri’ pil kuda

JELI – Keghairahan seorang lelaki ‘kenduri’ pil kuda menggunakan duit i-Sinar Kumpulan Wang Simpanan Pekerja (KWSP) berakhir di lokap apabila dia dicekup anggota Agensi Anti Dadah Kebangsaan (AADK) Jeli, di Kampung Lakota, di sini, pada Sabtu. Lebih mengejutkan lelaki berusia 41 tahun itu ditahan AADK Jeli dalam keadaan tidak sedarkan diri selepas menelan lapan biji […]

Flying high for Malaysia

A GLOBAL survey carried out in the first half of 2020 ranked KL International Airport as one of the top 10 airports in the world. It was done by Airport Service Quality (ASQ) which benchmarks the world’s best airports. (ASQ is carried out by the Airports Council International that sets the standards and guidelines for […]

Possible exemption cert for those who cannot be vaccinated

KUALA LUMPUR: The government is mulling issuing exemption certificates for those who are unable to get the Covid-19 vaccination due to health reasons. Science, Technology and Innovation Minister (Mosti) Khairy Jamaluddin said there were individuals who were immune-compromised or have allergies. “They won’t be inoculated, but not by choice. “We are working on a mechanism […]

COVID-19: Banyak negara abai amaran kecemasan – WHO

GENEVA: Pertubuhan Kesihatan Sedunia (WHO) semalam mendedahkan bahawa ada sebilangan negara mengabaikan amaran kecemasan dikeluarkan oleh agensi antarabangsa itu pada peringkat awal penularan COVID-19. WHO mengeluarkan amaran peringkat tertinggi pada 30 Januari tahun lalu dengan mengisytiharkan Kecemasan Kesihatan Awam Kebimbangan Antarabangsa (PHEIC) berhubung wabak itu. Bagaimanapun hanya apabila perkataan ‘pandemik’ digunakan pada 11 Mac tahun […]