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UK regulator revokes license of Russia-backed broadcaster RT.

Britain's communications regulator Ofcom has revoked RT's broadcasting license following 29 investigations into the channel's impartiality. The decision stems from concerns about RT's coverage of the Ukraine invasion, its Russian state funding, and previous violations of broadcasting standards.

Silicon Valley Bank SVB run exposes rifts in venture capital world

SAN FRANCISCO: The failure of Silicon Valley Bank (SVB) has exposed differences within the typically close-knit venture capital (VC) industry. With some investors blaming...

Malaysia’s total trade up 8.6% to RM236bil in December 2022

Malaysia's total trade reached RM236.0 billion in December 2022, marking an 8.6% year-on-year increase. Exports rose 6.0% to RM131.9 billion, while imports grew 12.0% to RM104.1 billion. The country's total trade for 2022 hit a new milestone of RM2.8 trillion.

Budget 2023 will be among the focus for the 15th Malaysian...

The first session of the 15th Malaysian Parliament will commence on December 19, focusing on approving emoluments for civil employees and preparing a new or revised budget under Prime Minister Anwar Ibrahim's administration.

Oil price plunges as Saudi Arabia retaliates with Russia

Saudi Arabia slashes oil prices by up to $8 after Russia rejects OPEC's proposed production cuts, triggering a global market turmoil and causing oil prices to drop 48% this year.

Franchise sales to increase to RM23bil by 2025

Malaysia's franchise industry is experiencing rapid growth, with sales expected to reach RM22.66 billion by 2025. The sector has seen a 47% increase in franchise outlets in 2021, creating approximately 49,000 jobs and demonstrating strong potential for economic expansion.

Pakistan Economy: Challenges and Growth in FY23 | Economic Survey Report

9 June 2023, Islamabad, Pakistan The Pakistan Economic Survey 2022/23 highlights the challenges faced by Pakistan's economy and the growth experienced during the fiscal year....

Three nations to be largest sovereign sukuk issuers

KUALA LUMPUR: According to Moody’s Investors Service, Malaysia, Indonesia, and Turkiye will overtake Saudi Arabia. As the leading sovereign issuers in 2023–2024. Which had...

TikTok Shop Ban in Indonesia Spurs E-commerce Rethink

Indonesia , Oct 04, 2023 Indonesia has officially banned TikTok Shop, citing concerns over unfair trade practices, data protection, and competition with local platforms. The...

US to send $3.75B in military aid to Ukraine, its neighbors

The United States will provide $3.75 billion in military aid to Ukraine and NATO's eastern neighbors, featuring Bradley armored vehicles for the first time. The package includes direct Pentagon stock support and funding to enhance Ukraine's military capabilities amid ongoing conflict with Russia.
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