Markets

US stocks lose ground, gold resumes its climb as risk appetite sours

NEW YORK: Wall Street stocks closed sharply lower on Tuesday, extending a selloff prompted in part by the run-up to Nvidia earnings, which could test the artificial intelligence boom amid mounting valuation concerns.

Technology

Crypto exchange Kraken valued at $20 billion in latest funding round

(Reuters) -Crypto exchange Kraken said on Tuesday it was valued at $20 billion in its latest fundraise, a 33% increase in under two months, as digital market firms continue to attract investor interest.

Technology

Meta's chief revenue officer Hegeman leaves to launch startup

(Reuters) -Meta's chief revenue officer John Hegeman said on Tuesday he will leave the Facebook parent to launch his own startup, marking a key leadership change amid the social media company's pursuit of superintelligence.

Technology

Meta defeats antitrust case over Instagram, WhatsApp acquisitions

(Reuters) -Facebook parent company Meta Platforms defeated a U.S. attempt to unwind its acquisitions of Instagram and WhatsApp on Tuesday when a federal judge ruled the company does not hold a social media monopoly.

Motorsport

Motor racing-Chadwick says WEC is ultimate goal as F1 dream recedes

LONDON (Reuters) -Jamie Chadwick, Britain's foremost female racing driver, said on Tuesday competing at the top level of the World Endurance Championship (WEC) was now her 'ultimate goal' and recognised her Formula One dream was likely over.

Technology

Amazon's Zoox launches robotaxi rides in San Francisco

(Reuters) -Amazon's self-driving unit Zoox opened its waitlist on Tuesday for users in San Francisco, offering free rides, just days after Alphabet's Waymo said it will provide robotaxi rides in the same market.

Technology

France's Eviden to build new supercomputer with AMD in European AI push

(Reuters) -Eviden, a division of French IT group Atos, said on Tuesday it had won a contract together with U.S. chipmaker Advanced Micro Devices (AMD) to build a new supercomputer in Europe, as the region moves to close the technology gap with the U.S.

Technology

Amazon, Google named by EU among 'critical' tech providers for finance industry

PARIS (Reuters) -European Union regulators on Tuesday designated 19 technology companies, including Amazon Web Services, Google Cloud and Microsoft, as critical third-party computing providers for the bloc's finance industry.

Focus

Saudis chase AI crown

IN northwest Saudi Arabia near the Red Sea, a planned US$5bil data centre is set to offer enough computing muscle for deve­lopers as far away as Europe to train and build artificial intelligence (AI).

Metro News

From Malaysians’ hearts to Kedah teen’s surgery

When 15-year-old Chiet Ailai was wheeled into the operating theatre at Institut Jantung Negara (IJN) in September, his family waited anxiously outside, praying for the best.

Focus

Eyes on everyone

AS a couple with a stroller walked past a police van adorned with cameras on one of London's busiest shopping streets recently, officers stopped the man for questioning.

Metro News

RM854m for roads, public transport

JOHOR government has allocated RM854mil under its 2026 Budget for roads, lighting and public transport.

Metro News

Johor to set up AI council

Johor government will establish an artificial intelligence (AI) council as part of efforts to position the state as a regional hub for AI and data by 2030.

Metro News

MP allays fears about budget allocation for Sibu hospital

The government's plan to upgrade Hospital Sibu from a district to a regional hospital remains on course, Sibu MP Oscar Ling says.

Metro News

Sibu cops record 37% drop in crime

Crime figures in Sibu district in Sarawak have fallen by 37.17% between January and October 2025 compared with the corresponding period last year.

Metro News

T’ganu pupils win national craft contest

THREE pupils from Terengganu outshone more than 12,500 participants nationwide to be crowned champions at the Nestle Koko Kraf Club 2025 National Grand Finale.

Metro News

Campaign to promote green plantations

Malaysia is actively working to dispel misconceptions about oil palm's environmental impact through targeted educational programmes and activities.

Football

Youth and Sports Ministry urged to stay out of FAM-FIFA crisis

PETALING JAYA: The Youth and Sports Ministry have been urged not to intervene in the ongoing FAM-FIFA crisis, with warnings that any government involvement could trigger severe repercussions for Malaysian football.

Indonesia

Coal phase-out plan at risk

THE nation's plan to retire 6.7 gigawatts of coal-fired power plant capacity by 2030 to fight climate change is at risk of failure due to stalled disbursal of funding from rich countries, Indonesia's top official overseeing the programme said.

Metro News

‘Many unaware of state’s new death benefit scheme’

TWO assemblymen have called for Selangor government to promote and create greater awareness of its new Khairat Darul Ehsan (KDE) death benefit scheme.