Brother of Afghan opposition figure executed by Taliban, family says
(Sept 10): The Taliban have executed the brother of Amrullah Saleh, the former Afghan vice president who became one of the leaders of anti-Taliban opposition forces in the Panjshir valley, his nephew said on Friday. The news that Saleh's brother Rohullah Azizi was killed came days after Taliban forces took control of the provincial centre of Panjshir, the last province holding out against them. "They executed my uncle," Ebadullah Saleh told Reuters in a text message. The Urdu language account of the Taliban information service Alemarah said that "according to reports" Rohullah Saleh was killed during fighting in Panjshir. The National Resistance Front of Afghanistan, which groups opposition forces loyal to local leader Ahmad Massoud, has pledged to continue opposing the Taliban even after the fall of Panjshir's provincial capital Bazarak.
Source:The Edge Markets
September 10, 2021 18:00 UTC
Fintec Global and associates buy stakes in other listed companies
KUALA LUMPUR (Sept 10): Fintec Global Bhd announced that it bought a 6.36% stake in loss-making NetX Holdings Bhd. Back in April, Fintec Global said that trading of marketable securities is part of the company's ordinary course of business. Coincidentally, two associates of Fintec Global also unveiled their share purchase in other listed companies. Fintec Global is the biggest shareholder of Vsolar, although the former owns only a 3.28% equity interest, according to Bloomberg. Shares of Fintec Global and AT Sytematization are at their one-year lows as the penny stock fever in Bursa Malaysia subsided.
Source:The Edge Markets
September 10, 2021 17:26 UTC
Factbox-Apple vs Epic case: heated arguments, dramatic calls
The ruling comes after a three-week trial in May before Judge Yvonne Gonzalez Rogers of the U.S. District Court for the Northern District of California. EXPERTS BATTLEExperts make the case that Apple's iPhone users are so loyal that the device constitutes a single-brand market. DISPROPORTIONATE PROFITSApple made at least $100 million - and likely more - from "Fortnite" in just two years, showing how lucrative the App Store model can be for the iPhone maker. Epic has asked the judge to order Apple to allow users to put third-party software onto their iPhones and ease its in-app payment rules. FRAZZLED COOKApple saved Cook to be its star closing witness, but then Judge Gonzalez Rogers grilled him hard enough to throw the normally unflappable Cook off balance.
Source:The Star
September 10, 2021 17:03 UTC
Auto parts supplier Aptiv flags Southeast Asia chip constraints
Auto parts supplier Aptiv Plc is facing significant semiconductor supply constraints in the third quarter due to the fast-spreading Delta variant of the coronavirus in Southeast Asia, Chief Financial Officer Joseph Massaro said on Friday. "We have had semiconductor suppliers industry wide who have been closed for a couple of weeks at a time. We had one that was closed for a couple of weeks, open for a period of time and then reclosed." Automakers from General Motors to Japan's Toyota have slashed output and sales forecasts due to scarce chip supplies, made worse by a COVID-19 resurgence in key Asian semiconductor production hubs. Aptiv, which makes advanced driver assistance systems and vehicle computers, counts Stellantis NV, Volkswagen AG and General Motors among its customers.- Reuters
Source:The Star
September 10, 2021 16:18 UTC
The good news that came late for Top Glove
The world's largest glove manufacturer, whose share price has tumbled close to 50% since the ban, gained as much as 10.29% to RM3.75 today following the news. While analysts are positive about the news that Top Glove is now allowed to resume its sales to the US market following the upliftment of the detention order on its subsidiaries, they said the news came late for Top Glove. After observing the company's share price performance today, JF Apex Research analyst Nursuhaiza Hashim said the CBP's lifting of the ban on Top Glove "took longer than expected". "As we can see, after this news came out, the share price did not rally much. Following the ban, its North American sales sank to just 8% of Top Glove's total sales volume in 3QFY21.
Source:The Edge Markets
September 10, 2021 16:05 UTC
Muhyiddin says he will take part in GE15
PETALING JAYA: Tan Sri Muhyiddin Yassin says he will take part in the 15th General Election. Muhyiddin said party members must remain patient and calm when facing obstacles, and good leadership values must be systematically implemented in the party. Muhyiddin also announced the formation of the Bersatu Leadership Academy, which will hold leadership courses centred on values enshrined in the party's constitution. "We will make a difference and we will bring about real change to the country's political values, cultures and practices," he said. Muhyiddin urged party members to make all necessary preparations to support the party for the 15th General Election and to continue doing charitable works to prove that Bersatu's political culture was about serving Malaysians.
Source:The Star
September 10, 2021 14:48 UTC
Apple to spend over $500 million on marketing Apple TV+ -The Information
(Reuters) - Apple Inc plans to spend more than $500 million on marketing its streaming service, Apple TV+, this year, The Information reported on Friday, citing a person familiar with the matter. The iPhone maker also intends to significantly increase its output of new TV shows and movies to at least one a week in 2022, more than double its pace this year, according to The Information, which cited another person familiar with the matter. Apple did not immediately respond to a Reuters request for comment. Apple's move to splurge on content and marketing comes as it tries to fiercely compete with established players, including Netflix Inc, Walt Disney Co's Disney+ and Amazon.com Inc's Prime Video. (Reporting by Tiyashi Datta in Bengaluru; Editing by Anil D'Silva)
Source:The Star
September 10, 2021 13:29 UTC
Two men drown after falling into mining pool in Raub
KUANTAN (Bernama): Two men drowned after they fell into an iron ore mining pool in Batu Talam, Raub on Friday (Sept 10). Based on early investigations, they are believed to have been sucked into a drain pipe in the approximately 5m-deep pool. "A digger was used to help water drain faster from the pool to look for Siak, whose body was discovered near the first victim at 1.15pm,” said Supt Kama Azural in a statement Friday. He said the bodies were recovered by the Pahang Fire and Rescue Department at 1.20pm and sent to Hospital Raub for a post-mortem. "An excavator was used to dig a ditch to lower the water level, while a rope was used to help raise the bodies," the statement read.
Source:The Star
September 10, 2021 13:10 UTC
Malaysia Aviation Group offers low fares, holiday packages in support of Langkawi travel bubble
KUALA LUMPUR (Sept 10): Leading up to the opening of Langkawi on Malaysia Day (Sept 16), subsidiaries of the Malaysia Aviation Group (MAG) — Malaysia Airlines, Firefly and MHholidays — are offering low fares and travel packages for immediate booking until Sept 30 for travel between Sept 16 and Oct 31, 2021. Meanwhile, Firefly is offering attractive deals from as low as RM19 from Penang to Langkawi and RM69 from Subang to Langkawi with a RM50 discount as an incentive to fully vaccinated individuals. Customers can take advantage of Malaysia Airlines’ 28 times weekly service to Langkawi from KL International Airport (KLIA) and Firefly’s 10 times weekly service from Sultan Abdul Aziz Shah Airport in Subang, Selangor. MHholidays, the tour operating arm of Malaysia Airlines, offers 50% discount on flight tickets plus hotel packages at selected four to five-star hotels, namely The Datai Langkawi, Berjaya Langkawi Resort, Pelangi Beach Resort and Spa, and Vivanta Langkawi Rebak Island. “Customers are encouraged to keep themselves informed of the latest Langkawi tourism bubble standard operating procedures by the National Security Council (MKN) at https://www.mkn.gov.my/web/ms/sop-perintah-kawalan-pergerakan/.
Source:The Edge Markets
September 10, 2021 09:22 UTC
Prevent suicide together: Creating hope through action
World Suicide Prevention DayWorld Suicide Prevention Day 2021 is observed on Sept 10 annually, and Mental Health Day takes place a month later on Oct 10. The International Association on Suicide Prevention (IASP)’s theme for World Suicide Prevention Day 2021 is “Creating Hope Through Action”. The national theme for World Suicide Prevention Day 2021 is “Let's TALK Minda Sihat: Bertindak Segera, Harapan Terbina” (Let's TALK Healthy Mind: Creating Hope Through Action). Everyone has a part to play when it comes to suicide prevention. Everyone has a part to play when it comes to suicide prevention.
Source:The Star
September 10, 2021 06:56 UTC
Heart and Soul: Prudent ways of yesteryear
I never saw a plastic hand-held pail during my younger days. Every member of the family had to use the fragrant green-coloured hair oil, Chandanadi. This hair oil has passed the test of time, as it's still available in Indian sundry shops. I, being rather skinny in my younger days, was the right person to use it, as I suppose it could withstand my usage. We are able to withstand present-day perils that life has to offer, due to the hardships we endured and the sacrifices we made in our younger days.
Source:The Star
September 10, 2021 06:56 UTC
SLP Resources' Kulim plant to close until Sept 16
KUALA LUMPUR: SLP Resources Bhd has been ordered to close its plant in Kulim, Kedah, until Sept 16 after some of its workers tested positive for Covid-19.It said in a filing with Bursa Malaysia that it had reported the matter to the Healthy Ministry, which issued the notice to close at 10am on Friday.The Covid cases had been identified at the plant following a routine screening and subsequent targeted screening on its workers, following which the company temporarily halted operations from 8am on Thursday to carry out thorough disinfection work.As a precaution, the company also conducted Covid-19 tests on workers who have had close contact with the infected workers. "Employees who have closed contact with the infected workers have been placed under quarantine and isolation and will undergo subsequent screening," it said.The temporary closure is expected to impact sales and production in the current quarter.However, the company said it will attempt mitigate any adverse impact including exploring the probable claims from the insurance coverage under "infectious or contagious diseases". "The Company will strictly adhere to the Standard Operating Procedures issued by KKM and continue to undertake precautionary and preventive measures for Covid-19 as part of the business continuity management. "The safety and well-being of our employees and local community are always the Company's utmost priority," it said.
Source:The Star
September 10, 2021 05:40 UTC
Cop breaks shoulder after being hit by fleeing motorcyclist using a fancy plate
North Seberang Prai OCPD Asst Comm Noorzainy Mohd Noor said the policeman broke his right shoulder in the 1am incident. "During the operation, we stumbled upon a motorcyclist using a fancy plate number, and ordered him to stop for inspection. ACP Noorzainy said one of the policemen in the operation then approached the suspect again but he still refused to stop. ACP Noorzainy said the victim was pronounced dead at the scene by medical personnel due to severe head injuries. ACP Noorzainy said the remains of the victim was sent for Covid-19 screening and a post-mortem.
Source:The Star
September 10, 2021 05:37 UTC
Exclusive: Wide-ranging SolarWinds probe sparks fear in Corporate America
(Reuters) - A U.S. Securities and Exchange Commission investigation into the SolarWinds Russian hacking operation has dozens of corporate executives fearful information unearthed in the expanding probe will expose them to liability, according to six people familiar with the inquiry. An SEC official said the request's intent was to find other breaches relevant to the SolarWinds incident. That number exceeds the 100 that the Department of Homeland Security said had downloaded the bad SolarWinds software and then had it exploited. About 18,000 clients of SolarWinds downloaded a hacked version of its software, which the cyber criminals manipulated for potential future access. Most who say they had SolarWinds software installed add that they do not believe their most sensitive data was taken or are unsure about the exact impact.
Source:The Star
September 10, 2021 05:14 UTC
FBM KLCI extends fall amid mixed sentiment
KUALA LUMPUR: The FBM KLCI returned to the red following a brief mid-morning rally as investors digested Bank Negara's recent overnight policy rate decision and the sharp sell-off in the previous session.At 12.30pm, the country's key index was down 3.67 points to 1,575.22 amid mixed results in the blue chips.Top Glove rallied nine sen higher to RM3.49 amid news of the US Customs and Border Protection withdrawing its import ban on the glove maker. Hartalega was higher by one sen to RM6.43, as investors granted the stock some reprieve after recent selling.In plantations, Kuala Lumpur Kepong pulled back 34 sen to RM20.96 while IOI was down three sen to RM3.89. Sime Darby Plantatation however rose four sen to RM3.95.There were also mixed results in bank stocks as Maybank rose two sen to RM8.28 but Public Bank shed one sen to RM4.09 and Hong Leong Bank lost four sen to RM18.82. CIMB was unchanged at RM4.83.On the broader market, most actively traded counters were KNM up 1.5 sne to 27.5 sen, Lambo down two sen to 8.5 sen and Impiana unchanged at 9.5 sen.Meanwhile, Asian markets snapped two days of losses as regional investors have turned cautious amid anxieties over central bank decision to taper monetary stimulus.Japan's Nikkei was up 1% and South Korea's Kospi rose 0.4%.China benchmark index also crept 0.4% while Hong Kong's Hang Seng jumped 1.65% following a slump in the previous session on the back of Beijing's tightening of regulations on gaming and education shares.Australia's ASX200 rose 0.6%.
Source:The Star
September 10, 2021 04:41 UTC