Asian markets extend global rally as banking sector fears ease

ASIAN markets rose today, tracking New York and European equities, as traders welcomed multi-billion-dollar shows of support for troubled banks aimed at soothing concerns about contagion in the sector. A rollercoaster week was on course to end on a positive note after several Wall Street titans including JP Morgan, Bank of America and Citigroup stumped […]

Selangor bars Muslims from programmes in other places of worship

MUSLIMS in Selangor are prohibited from engaging in programmes by non-Muslims that might influence them, Selangor Islamic Religious Council chairman Abdul Aziz Mohd Yusof said.  He said there are programmes with elements to attract youth, especially Muslim youth, to learn or gain knowledge related to religions other than Islam.

Australian smashes record for world’s longest surf

AUSTRALIAN Blake Johnston today shredded the world record for the longest surfing session, admitting he felt “pretty cooked” after catching waves for more than 30 exhausting hours. The 40-year-old former surfing pro broke down in tears after beating South African Josh Enslin’s previous record of 30 hours 11 minutes.

Sundra Rajoo withdraws suit against Tommy Thomas, 12 others

KUALA LUMPUR: The former Asian International Arbitration Centre (AIAC) director Datuk Professor Dr N. Sundra Rajoo has withdrawn his suit against the former attorney general Tan Sri Tommy Thomas and 12 other parties over his wrongful arrest and prosecution in relation to the AIAC breach of trust case. Read full story

Crypto-linked bank failures fuel regulation debate

THE global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams. Global finance was rocked by the collapse of Silicon Valley Bank last week, and the digital currency sector was hit hard by the demise of US crypto lenders […]