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Day: 11 April 2023

Highland Towers hero passes away

ONE of the heroes involved in the Highland Towers condominium tragedy rescue operation, senior assistant fire chief Mahandran Muniandy, has died of a heart attack, Harian Metro reported. Read full story

Lin cool about losing money in virtual property market

SINGAPOREAN singer JJ Lin (pic) was unfazed following news that he lost more than US$113,000 (RM497,539) in the metaverse property market and he even made a joke at his own expense, reported China Press. Read full story

Air strikes kill dozens in central Myanmar

DOZENS of people in coup-hit Myanmar’s central region were killed in air strikes today, according to local media reports and a witness contacted by AFP. The country has been in chaos and its economy in tatters since the military seized power in February 2021.

Mentally disabled woman dies in house fire

A MENTALLY disabled woman died in a fire that gutted her house in Kampung Alma, Bukit Mertajam today. Penang Fire and Rescue Department operations officer Mohd Fazlee Mohamad said firemen found Nuraida Hashim, 43, unconscious on a bed and was pronounced dead by medical personnel at the scene.

Swedish pension fund sacks CEO over US bank losses

SWEDEN’S Alecta, one of the country’s largest pension funds, said today it was replacing its CEO, after the fund lost almost 20 billion kronor (RM8.4 billion) from investments in crisis-hit US banks. “The board has now concluded that Alecta needs new leadership to implement the necessary changes in asset management and restore trust,” the fund […]

IMF lowers 2023 global growth forecast to 2.8%

THE International Monetary Fund (IMF) slightly lowered its outlook for the global economy today while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns. It predicted the global economy will grow by 2.8% this year and 3% next year, a decline of 0.1 percentage point from its previous forecasts […]