Author: Press Room

A wild ride in corporate fortunes reminds us yet again that sentiment, not figures, moves the market.

PUTRAJAYA: Malaysia’s former Prime Minister Ismail Sabri Yaakob has been named a suspect in an ongoing corruption probe involving RM700 million (US$157 million) in government funds, and will be called in for questioning on Wednesday. Azam Baki, chief commissioner of the Malaysian Anti-Corruption Commission (MACC), confirmed this on Monday (Mar 3) at a press conference. Ismail Sabri was Malaysia’s prime minister from August 2021 to November 2022, and he is currently the Member of Parliament for Bera constituency in Pahang. The RM700 million was allegedly spent as part of his administration’s “Keluarga Malaysia” promotional campaign, Azam confirmed, as reported by…

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President Trump signed an order designating English as the official language of the United States, the White House said on Saturday.The order did not require any changes to federal programs and appeared to be largely symbolic. But the pronouncement was the biggest victory yet for the country’s English-only movement, which has long been tied to efforts to restrict bilingual education and immigration to the United States.More than 30 states have already designated English as their official language.“Establishing English as the official language will not only streamline communication but also reinforce shared national values, and create a more cohesive and efficient…

The chemistry professor’s nightmare seemed to finally be over.Five years had passed since Feng Tao, also known as Franklin, was led by F.B.I. agents out of his home in Lawrence, Kansas. The first professor to be arrested under a Trump-era program aimed at fighting Chinese economic espionage, Dr. Tao was accused of hiding his ties to a Chinese university while conducting federally funded research at the University of Kansas, where he was tenured.In July, he won his legal fight. A federal appeals court overturned the final conviction in his case. His wife, Hong Peng, recalled in an interview that she…

A major creditor of the collapsed Whyalla steelworks has argued it would have been paid $70 million by Sanjiv Gutpa’s GFG Alliance had the South Australian Government not “intervened”.

CaddxFPV marketing director Brian Luo said it was “very hard” to find skilled professionals like FPV pilots or engineers before the concept of the low-altitude economy took flight. “But last year, there were many training institutes (that started) to train pilots. China really needs about 1 million pilots to support the low-altitude economy,” he noted. “When people talk about low-altitude economy, they only focus on the bigger ones, like the eVTOLs,” added Luo, referring to electric vertical take-off and landing aircraft – also known as air taxis or flying taxis. He said the company could partner traditional industries to explore…

Beirut, Lebanon – Hezbollah rallied thousands of its supporters for the funeral of its longtime leader Hassan Nasrallah, who was killed in an Israeli air strike in September. The funeral on February 23 was an opportunity for the Lebanese group to send a message: Despite the losses it has experienced in the past several months, it is still strong and should not be underestimated. But analysts told Al Jazeera the show of strength does not make up for the impact of Israel’s war against Hezbollah, which saw much of the group’s top leadership killed and a significant portion of its…

Boston Mayor Michelle Wu raised eyebrows over the weekend after she expressed condolences to the family of a knife-wielding suspect who was shot and killed by an off-duty officer after he allegedly tried to stab two people on Saturday night.The suspect, whose identity was not released by police, brandished a knife near a Chick-fil-A on Boylston Street, a busy part of the Massachusetts capital. He was fatally shot by an off-duty police officer who saw him targeting the two victims, police said.During a Saturday night press conference, Boston Police Commissioner Michael Cox said that the officer identified himself to the…

An arrest warrant has now been issued for a suspected Tren de Aragua migrant gang member who was cut loose from custody in Chicago last week despite police believing they had probable cause to keep him detained in relation to a murder.Pedro Colmenares, 33, a Venezuelan illegal migrant who already had a weapons charge against him when police cuffed him last week, is suspected of being involved in the shooting death of a 25-year-old Hispanic man last September, Fox News exclusively reported. He is also suspected of kidnapping and sexually assaulting his former girlfriend. CHICAGO PD SAYS IT ‘WILL NOT ASSIST’ WITH…