Vice Media files for bankruptcy protection

VICE Media, once the darling of the digital news media world, said today it had filed for Chapter 11 bankruptcy protection to facilitate its sale.   Millennial-focused Vice, known for its edgy news and lifestyle content, had been among the rising stars of a new breed of digital media firms but struggled as advertising revenues shrank.  

Taps flowing again for 90% of consumers in Penang

WATER supply resumed in stages for about 90% of consumers who faced water disruption in Penang since yesterday due to a sudden drop in water level at the Sungai Muda (Lahar Tiang) intake inlet, which affected inflow to the Sungai Dua Water Treatment Plant, near Kepala Batas. Penang Chief Minister Chow Kon Yeow said the remaining 10%, […]

Ringgit ends lower v dollar

THE ringgit extended last week’s losses to end weaker against the US dollar today following worries over the slowing global economy, said an economist.  At 6pm, the local note fell to 4.4960/4985 versus the greenback from Friday’s closing rate of 4.4765/4835.  

Islamic scholar Tariq Ramadan starts Geneva rape trial

THE Swiss Islamic scholar Tariq Ramadan went on trial at a Geneva criminal court today charged with “rape and sexual coercion”, allegations that the former Oxford University professor denies.   Ramadan arrived shortly after 8.30 am (0630 GMT) at the Geneva courthouse, where security had been visibly boosted as members of the public streamed in to watch […]