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How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Fri Nov 22 2024
Huge crime network forging Banksy, Warhol and Picasso uncovered in Italy

Huge crime network forging Banksy, Warhol and Picasso uncovered in Italy

Investigators said they had seized more than 2,100 fake pieces, with a potential market value of about 200 million euros.
Mon Nov 11 2024
Analysis: Jack Ma's reappearance fails to soothe all investor concerns about regulatory crackdown

Analysis: Jack Ma's reappearance fails to soothe all investor concerns about regulatory crackdown

Ma's first public appearance added $58 billion in market value on Wednesday as Alibaba's Hong Kong-listed stock soared.
Thu Jan 21 2021
Offering discounts galore, Alibaba launches China's first post-COVID Singles' Day

Offering discounts galore, Alibaba launches China's first post-COVID Singles' Day

This year's online shopping extravaganza comes a week after Alibaba lost almost $76 billion of its market value.
Wed Nov 11 2020
K-Pop group BTS' label Big Hit Entertainment prices IPO at top of range

K-Pop group BTS' label Big Hit Entertainment prices IPO at top of range

Institutional investors had forecast huge demand for the shares, with Big Hit riding on the success of the seven-member band.
Mon Sep 28 2020
Zoom shares slip over security concerns, rising competition

Zoom shares slip over security concerns, rising competition

Multiple reports last week that questioned the company's data privacy practices have spooked investors, erasing nearly a third of the company's market value from its record high.
Tue Apr 07 2020
Chamber hails corp's move to sell land to Enra for tourism

Chamber hails corp's move to sell land to Enra for tourism

Despite public outcry over the sale of the land, which was said to be below the market value, it would eventually benefit the island in the long run.
Wed Mar 22 2017
Fuel-cheating scandal wipes $2.5bn off Mitsubishi stock

Fuel-cheating scandal wipes $2.5bn off Mitsubishi stock

Mitsubishi Motors shares nosedived again as panic selling wiped about $2.5 billion off the automaker's market value in response to its shock admission that it cheated on fuel-efficiency tests.
Thu Apr 21 2016
Police open probe into purchase of bungalow by Penang CM

Police open probe into purchase of bungalow by Penang CM

Police have opened an investigation into the purchase of a bungalow by Penang Chief Minister Lim Guan Eng allegedly below market value.
Fri Mar 25 2016
Apple shares to close year with worst performance since 2008

Apple shares to close year with worst performance since 2008

Shares of Apple Inc, the largest US company by market value, are set to finish the year in the red on notable weakness for a stock that had largely been impervious to pain for several years.
Sun Jan 03 2016
Alphabet, Microsoft, Amazon give Wall Street reason to cheer

Alphabet, Microsoft, Amazon give Wall Street reason to cheer

Shares of all three surged in early trading, adding more than $120 billion to their combined market value - more than the gross domestic product of Morocco.
Sat Oct 24 2015
Apple's momentum 'meltdown' bites investors

Apple's momentum 'meltdown' bites investors

Shares of the iPhone maker have been in a rut since posting disappointing quarterly results in late June, falling to a six-month low of $113.25 on Tuesday.
Wed Aug 05 2015
Apple becomes first company worth over $700 billion

Apple becomes first company worth over $700 billion

Apple became the first company to reach a market value of $700 billion Tuesday as shares vaulted amid upbeat news on the US tech giant's gains in the smartphone market and soon-to-arrive smartwatch.
Wed Feb 11 2015
Facebooks value tops RM638.2 billion ($200 billion) on mobile-ad optimism

Facebooks value tops RM638.2 billion ($200 billion) on mobile-ad optimism

Facebook Inc.(FB)s market value exceeded $200 billion to put it among the worlds biggest corporations, as investors bet on the company to capitalize on the future of mobile advertising.
Tue Sep 09 2014
Apple loses world's most valuable company crown

Apple loses world's most valuable company crown

Apple shares extended their losses Friday, ending a miserable week for the California tech giant as it surrendered its position as the world's biggest company based on market value.
Sat Jan 26 2013
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024