Toshiba’s chairman resists calls to resign, to bring in new directors
TOKYO: Toshiba Corp’s chairman today pushed back against calls from shareholders to resign, saying he wanted to help to put things right at the crisis-hit Japanese conglomerate and would bring in new directors. Toshiba is in the spotlight after an independent investigation last week alleged that management colluded with Japan’s trade ministry to block foreign investors […]
Public Bank has helped 160,000 customers, relief assistance amounts to RM40 billion
PETALING JAYA: Public Bank Bhd’s ongoing Targeted Repayment Assistance programme has assisted over 160,000 customers, with relief assistance amounting to about RM40 billion and an approval rate of close to 100% of total customers’ submissions. “Currently, more than 90% of Public Bank’s customers are paying their monthly loan instalments,” Public Bank managing director and CEO Tan […]
Ferrari moves into food and fashion
MILAN: Italian luxury sports car maker Ferrari has diversified, presenting its first fashion collection and launching itself into the high-end restaurant business. The brand colours of red and yellow dominated at Sunday’s debut catwalk show, which took place amid the production lines of Ferrari’s Maranello base in northern Italy. Designed by Armani veteran Rocco Iannone, […]
UMW Group records 25,568 automotive sales in May
KUALA LUMPUR: The UMW Group recorded automotive sales of 25, 568 units in May, more than doubled the 11, 342 units registered a year ago during the Movement Control Order or MCO 1.0. It said on Tuesday sales surged for both UMW Toyota Motor (UMWT) and its associate company, Perodua with UMWT recording 7, 595 […]
Luno Malaysia garners over 300,000 crypto users, more than RM1bil digital assets
KUALA LUMPUR: Luno Malaysia is seeing a huge appetite in cryptocurrency as a mean of digital asset investment this year. This was backed by over 300,000 users with more than RM1 billion worth of digital asset under its custody, its country manager Aaron Tang said. Tang said the regulated digital asset exchange had seen huge […]
UN urged to probe sharing of Rohingya data
GENEVA, June 15 ― The UN improperly collected and shared data from more than 800,000 Rohingya refugees in Bangladesh, passing it on to Myanmar, the country they fled, Human Rights Watch said today, urging an investigation. Over the past three years, the United Nations refugee agency has registered hundreds of thousands of Rohingya refugees in […]
Australia reports two new COVID-19 cases in Melbourne
SYDNEY (Reuters) -Australia’s Victoria state on Tuesday reported two new locally acquired cases of COVID-19 in the state capital Melbourne, both linked to an existing cluster that prompted renewed social distancing measures in the city. Victoria, Australia’s second-most populous state, had earlier in the day reported no new local cases, using data for the 24 […]
China ready to launch first crew to new space station
BEIJING: The first crew for China’s new space station prepared to blast off this week for the latest step in Beijing’s ambitious programme to establish itself as a space power. The mission is China’s first crewed spaceflight in nearly five years, and a matter of prestige for the government as it prepares to mark the 100th […]
Suspect charged with terrorism for truck attack on Canada Muslims
OTTAWA: Canada is pressing terrorism charges against a man accused of mowing down a Muslim family with a pickup truck, prosecutors said Monday, in an attack denounced as “terrorist” by Prime Minister Justin Trudeau. Four members of the Afzaal family — a man and his wife, their teenage daughter and his mother — were out […]
