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South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

Prosecutors allege Jay Y. Lee prioritised personal gain as Samsung's de-facto leader during the merger, harming shareholders and investors.
Mon Nov 25 2024
Elon Musk launches poll asking if Tesla should invest $5 bln in xAI

Elon Musk launches poll asking if Tesla should invest $5 bln in xAI

Board approval and shareholder votes are needed, Elon Musk said, adding that the poll is to "test the waters" for a deal.
Wed Jul 24 2024
Tesla's Musk wins shareholder approval for $56 billion pay package, touts his ability to 'deliver'

Tesla's Musk wins shareholder approval for $56 billion pay package, touts his ability to 'deliver'

Approval is a vote of confidence in Elon Musk amid Tesla's challenges.
Fri Jun 14 2024
Najib's decision over SRC's investment not to be questioned - former SRC International

Najib's decision over SRC's investment not to be questioned - former SRC International

Datuk Seri Najib Tun Razak was also the sole shareholder of SRC International and advisor emeritus of the company at the material time.
Tue May 07 2024
Tony Fernandes signs 5-year extension as Capital A CEO

Tony Fernandes signs 5-year extension as Capital A CEO

Tony Fernandes said will focus on returning value to shareholders during renewed term, while creating a narrow-term strategy for the group.
Wed Apr 24 2024
Apple faces $490 million action over claims Cook misled shareholders

Apple faces $490 million action over claims Cook misled shareholders

A few sentences from Apple boss Tim Cook more than five years ago could cost the iPhone company almost half a billion dollars.
Mon Mar 18 2024
BTS agency HYBE seeks to take over K-pop rival SM Entertainment

BTS agency HYBE seeks to take over K-pop rival SM Entertainment

The move will make HYBE the largest shareholder of SM Entertainment as it takes over a 14.8% share in its rival purchased from an 18.4% stake held by the previous largest shareholder and SM founder.
Fri Feb 10 2023
Witness confirms ex-Labuan MP's father, brother LLPM shareholders

Witness confirms ex-Labuan MP's father, brother LLPM shareholders

The secretary of LLPM confirmed in the High Court that the father and younger brother of former Labuan MP Datuk Rozman Isli were shareholders in the company.
Tue Dec 13 2022
Rozman never disclosed father, brother were LLPM shareholders - Witness

Rozman never disclosed father, brother were LLPM shareholders - Witness

The Sessions Court was told that Datuk Rozman Isli never disclosed that his father and brother were LLPM shareholders throughout the presentation session in the selection process.
Tue Oct 18 2022
MPay: Azizan's comments on digital bank licences award are personal opinion

MPay: Azizan's comments on digital bank licences award are personal opinion

MPay clarified that its major shareholder, Datuk Azizan Osman's comments on the BNM digital bank licenses award decision were his own opinion and not the management.
Tue May 10 2022
Berkshire shareholders look beyond Warren Buffett, Charlie Munger

Berkshire shareholders look beyond Warren Buffett, Charlie Munger

How will Berkshire Hathaway fare when Warren Buffett is no longer around?
Mon May 02 2022
EXPLAINER: What Twitter could do as privately held company

EXPLAINER: What Twitter could do as privately held company

Going private removes the possibility of Twitter having to answer to angry shareholders if it makes big changes to its business.
Fri Apr 29 2022
Elon Musk's Twitter takeover isn't quite a done deal: What happens now

Elon Musk's Twitter takeover isn't quite a done deal: What happens now

While Twitter's board has endorsed his offer, Musk now needs the nod from a majority of Twitter's shareholders and US corporate regulators.
Wed Apr 27 2022
Musk tweets 'Love Me Tender' days after Twitter takeover offer

Musk tweets 'Love Me Tender' days after Twitter takeover offer

Over the weekend Musk tweeted Twitter board's "economic interests are simply not aligned with shareholders".
Mon Apr 18 2022
Twitter adopts 'poison pill' to fight Elon Musk takeover

Twitter adopts 'poison pill' to fight Elon Musk takeover

Twitter Inc on Friday adopted a limited-duration shareholder rights plan to protect itself from billionaire entrepreneur Elon Musk's $43 billion cash takeover offer.
Fri Apr 15 2022
Lebanese search for dead in devastated villages as Israel withdraws

Lebanese search for dead in devastated villages as Israel withdraws

Hezbollah says Israel was still occupying Lebanese territory and put the onus on the Lebanese state to get Israeli forces out.
Thu Feb 20 2025
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025