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KUALA LUMPUR: The ringgit opened higher against the US dollar and a basket of major currencies on Monday, supported by Malaysia's strong economic data, an analyst said.

At 8.05am, the local currency edged up to 4.0360/0410 against the greenback from Friday's close of 4.0365/0405.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ri...


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HONG KONG: Online fast-fashion retailer Shein's valuation has dropped by around 70 per cent from a near US$100 billion private market peak four years ago, as it aims to raise up to HK$13.86 billion (US$1.77 billion) in its Hong Kong IPO launched on Monday.

Shein is selling 280 million shares between HK$47.60 and HK$49.50 per share, the filings showed, valuing it at clos...


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ISLAMABAD, (Pakistan): A group of 21 former international cricket captains, including India's Sunil Gavaskar and Kapil Dev, signed a letter to Pakistan's government Sunday regarding the health care of jailed former prime minister Imran Khan.

Khan has been in jail since 2023 and was sentenced late last year along with his wife to 17 years on corruption charges they both ...


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KUALA LUMPUR: Malaysian actress Amyza Aznan has revealed that her husband, Khairil Izhar Mohd Nazir, is currently in critical condition and has been placed in a medically induced coma at Kuala Lumpur Hospital (HKL) due to fluid in his lungs and high blood pressure.

Speaking to Harian Metro, the 50-year-old artiste shared that Khairil, 51, had been struggling with severe...


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US oil major ExxonMobil suspended operations at a facility off the coast of Guyana after a laundry-room fire broke out on a floating vessel, Bloomberg News reported on Sunday, citing a company statement.

According to the report, the fire on the Liza Unity floating production, storage and offloading vessel was quickly extinguished, but crude offloading was affected by th...


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