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Dollar at two-month high as Gulf hostilities flare, yen near intervention zone
HONG KONG, June 4 : The dollar traded near a two-month high on Thursday as renewed Gulf hostilities sapped risk appetite, while traders were alert to the possibility of intervention as the Japanese yen hovered near the key 160 level.Iranian attacks on Kuwait damaged its airport and injured dozens on Wednesday
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Category A COE premium climbs to near eight-month high at S$126,009
The last time the Category A premium exceeded S$126,000 was in October 2025, when it hit a record S$128,105.
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South Korea’s KEPCO wins Saudi Jafurah power project, seen worth $1.4 billion
SEOUL, June 4 : Korea Electric Power Corp (KEPCO) said it had won a contract to build and operate the second phase of a cogeneration power plant at Saudi Arabia’s Jafurah project, expanding its presence in the kingdom’s energy market. The company expects total revenue of about 2.1 trillion won ($1.4 billion)
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Indonesia arrests deputy immigration minister on graft charges
Silmy Karim’s arrest on Jun 4 came a day after Indonesia’s Attorney General’s Office (AGO) detained Dadan Hindayana, the former head of an agency which oversees President Prabowo Subianto’s flagship free meals programme.
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PAS urges UMNO to collaborate in Johor polls, revive defunct political pact
PAS Deputy President Tuan Ibrahim Tuan Man on Wednesday (Jun 3) called for the revival of Muafakat Nasional – created to consolidate the Malay-Muslim vote – stressing cooperation between the country’s two largest Malay-Muslim parties.
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Broadcom tumbles as revenue miss clouds AI boom bets
June 4 : Broadcom shares sank about 12 per cent in premarket trading on Thursday, a day after the company missed quarterly revenue views and disappointed investors’ lofty expectations of stronger momentum from the AI boom.The chipmaker could lose more than $285 billion in market cap at the current price of $4
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Malaysia FA approves reforms after AFC criticism
KUALA LUMPUR, June 4 : The Football Association of Malaysia on Wednesday approved a sweeping overhaul to its regulatory structure, shortly after the regional governing body, the Asian Football Confederation, said it had found widespread weaknesses in the association’s governance and operations.The AFC in Janu
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Man forged medical invoices to get S$12,000 in claims from company insurer, gets jail
As the forged invoices appeared legitimate, the cheating went undetected for more than two years.
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Genome study shows what made the extinct Ice Age cave lion unique
June 4 : The cave lion was one of the biggest cats to ever live, prowling a huge swathe of territory from Western Europe across Siberia and into North America and hunting large prey – and perhaps even people – before going extinct around the end of the Ice Age.New genome research reveals what made…
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China bans 4 New Zealand lawmakers after their Taiwan trip
Beijing says it is barring a group of New Zealand lawmakers from entering China for having visited Taiwan in May. It is the first time such a ban has been imposed on politicians from New Zealand.
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