<div class=newsTextDataWrapInner><p>SEOUL (Jan 13): AirAsia’s CEO Tony Fernandes said it’s time for him to leave Twitter.</p></div>

<div class=newsTextDataWrapInner><p>“Social media has become an angry place,” Fernandes said in a post on Twitter when explaining his decision to leave the social network, adding that the platform is full of “negativity and falsehood and anger.” He said the “time to coming to shut down” his account, without specifying a date.</p></div>

<div class=newsTextDataWrapInner><p>The founder of the low-cost carrier AirAsia Group Bhd quit Facebook last year shortly after the live streaming of the New Zealand mass shooting on the platform.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Fernandes, who has amassed 1.3 million followers on Twitter, described himself as a “believer in positivity” and a number of his recent tweets have messages against hatred.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The CEO previously suggested that he may shut down his account when he closed down his Facebook profile. He also shut down his Twitter account in 2014, sending a bold final message to his followers at the time. “Stand up for what you believe, fight oppression and most importantly, enjoy life.”</p></div>


AirAsia’s CEO Tony Fernandes said it’s time for him to leave Twitter. “Social media has become an angry place,” Fernandes said in a post on Twitter when explaining his decision to leave the social network, adding that the platform is full of “negativity and falsehood and anger.” He said the “time to coming to shut down” his account, without specifying a date.

AirAsia CEO Fernandes plans to ‘shut down’ his Twitter account

The issues raised in the World Bank report entitled Bending Bamboo Shoots: Strengthening Foundation Skills regarding the country's education system have actually been addressed by the Ministry of Education (MOE) in a progressive and proactive manner.

Issues raised in World Bank report already addressed by MOE — Fadhlina

Hong Kong’s world-beating stock rally is showing no signs of letting up, with the city’s currency peg to the greenback burnishing its haven appeal amid the threat of higher-for-longer US interest rates.

Hong Kong stocks march into bull market as global money returns

A sense of relief percolated through world markets on Thursday after the Federal Reserve (Fed) shot down talk of pivoting back to interest rate hikes, while the yen backtracked after another suspected bout of FX intervention.

Stocks soothed by Fed signals, yen swings again

Surface engineering service provider Frontken Corp Bhd recorded a 27.4% jump year-on-year (y-o-y) in its net profit for the first quarter ended Mar 31, 2024 (1QFY2024) to RM30.05 million, from RM23.58 million last year, mainly due to improved revenue and better profit margin.

Frontken kicks off FY2024 with 27% jump in net profit on improved revenue, better profit margin 

India's food safety regulator said on Thursday it had ordered testing and inspections at all companies making spice mixes, widening an investigation into the sector as global regulators look into suspected contamination in two popular local brands.

India widens spices probe amid contamination concerns

In China, electric carmakers are offering up luxury tech — without the luxury price tag — in the battle for buyers. Cars are being loaded with once-expensive interior features and technology for as low as US$20,000 (RM95,335) — less than half the cost of the average new car in the US.

EVs are getting smarter and cheaper in China

Prime Minister Datuk Seri Anwar Ibrahim is confident that Parliament will approve the public service salary hike of more than 13% when it is tabled in Budget 2025 this October.

PM confident Parliament will approve wage hike for civil servants

French Finance Minister Bruno Le Maire said it’s important for TotalEnergies SE to keep its primary listing in France, stressing the benefits to the country of having a domestic oil major.

France wants TotalEnergies to maintain Paris main listing, says Le Maire 

The interim report on the helicopter crash in Perak that killed 10 Royal Malaysian Navy (RMN) personnel on April 23 is expected to be ready next week.

Interim report on helicopter crash to be ready next week, says defence minister

The ongoing downturn in eurozone manufacturing activity deepened in April due to crumbling demand despite factories cutting prices, pushing firms to reduce headcount again, a survey showed on Thursday.

Eurozone factory activity took turn for the worse in April, PMI shows

<p>US software giant Microsoft Corp said on Thursday it would invest US$2.2 billion (RM10.5 billion) over the next four years in cloud and artificial intelligence (AI) infrastructure in Malaysia.</p>


Microsoft to invest US$2.2 bil in Malaysia over next four years on cloud, AI

<p>Shares of Bursa Malaysia Bhd climbed to its highest in more than three years after the stock exchange operator reported better-than-expected results that prompted at least two analyst upgrades.</p>


Bursa Malaysia climbs to over three-year high after above-view 1Q

<p>Luno, a digital asset exchange (DAX) licensed by the Securities Commission Malaysia, expands its coin offerings with the launch of Cosmos (ATOM) and Polkadot (DOT).</p>


Luno launches two new digital assets

<p>Protasco Bhd, which has businesses ranging from hotel to engineering, said on Thursday it has received an offer to buy its unit Ikram Education Sdn Bhd which owns the Infrastructure University Kuala Lumpur (IUKL).</p>


Protasco gets offer from HK firm to buy its university unit

<p>Feytech Holdings Bhd's initial public offer (IPO) on Main Market of Bursa Malaysia is offering&nbsp;252.94 million shares at 80 sen apiece.&nbsp;</p>


Feytech's Main Market IPO to raise over RM201m

<p>Apex Securities Bhd has recommended investors to “subscribe” to ACE Market-bound Farm Price Holdings Bhd at an initial public offering (IPO) price of 24 sen and a fair value of 42 sen by pegging financial year 2025 (FY2025) forecast core earnings per share of 3.2 sen to price-earnings (PE) of 13 times (75% potential upside from IPO price).</p>


Apex Securities advises investors to subscribe to ACE Market-bound Farm Price with fair value of 42 sen

<p>Elon Musk’s latest cost-cutting victims: Summer interns.</p>

<p>Tesla Inc is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in.</p>


Tesla interns say offers are getting revoked weeks before their start date

<p>Subang Airport, officially known as Sultan Abdul Aziz Shah Airport, will likely be able to handle jet aircraft by the third quarter this year, according to Transport Minister Anthony Loke.</p>


Subang Airport’s jet ops likely to start in 3Q, also eyes business jets — Loke

<p>Shares of Duopharma Biotech Bhd surged more than 9% during early trade on Thursday following news of the pharmaceutical company securing supply contracts worth RM578.09 million in total.</p>


Duopharma Biotech surges over 9% after RM578m contract news

<p>Smart Asia Chemical Bhd, an industrial paint and coating manufacturer, on Thursday has begun taking orders from investors for its ACE Market initial public offering (IPO) that would raise up to RM37.4 million.&nbsp;</p>


Smart Asia Chemical starts taking orders for ACE Market IPO to raise RM37.4 mil

<p>US stocks closed mixed on Wednesday after the Federal Reserve (Fed) left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured.</p>


S&P 500, Nasdaq end lower after Fed rate decision, Powell press conference

<p>The additional investment by Microsoft amounting to US$2.2 billion or RM10.5 billion in the country over the next four years is the largest single investment by the company in its 32 years in Malaysia.</p>


Microsoft’s new US$2.2b outlay is company’s largest single investment in Malaysia, says Anwar

<p>Latest data signalled further downbeat trends across the Malaysian manufacturing sector at the start of the second quarter of 2024.</p>

<p>In a statement on Thursday, S&amp;P Global Market Intelligence said that while demand remained generally subdued, there were slight indications that firms were on an upward trajectory, as firms scaled back production at a softer rate amid a slower reduction in new order inflows.</p>


Overall manufacturing conditions in Malaysia ease to lesser extent, says S&P Global

<p>Yinson Production, the offshore production business unit of Yinson Holdings Bhd, has closed the limited recourse term loan facility of up to US$1.3 billion (RM6.2 billion) for the pre- and post-delivery financing of the Agogo floating, production, storage and offloading (FPSO) vessel, which will be deployed in Angola.</p>


Yinson unit secures single largest term loan of US$1.3b to finance Agogo FPSO delivery

<p>A sense of relief percolated through world markets on Thursday after the Federal Reserve (Fed) shot down talk of pivoting back to interest rate hikes, while the yen backtracked after another suspected bout of FX intervention.</p>


<p>The High Court on Thursday dismissed Tengku Datuk Zafrul Abdul Aziz's application to file an affidavit with regards to Datuk Seri Najib Razak's judicial review application to unearth an addendum to his pardon order which detailed that he was to spend the remainder of his sentence under "house arrest".</p>


Court rejects Zafrul’s bid to file affidavit on Najib’s ‘house arrest’ order

<p>Shares of Ge-Shen Corp Bhd rose as much as 14.91% to a new record high of RM4.47 on Thursday, following the emergence of Chin Hin Group’s Chiau family as its second largest shareholder.</p>


Ge-Shen shares hit new high on emergence of new substantial shareholder

<p>US President Joe Biden included ally Japan along with rivals China and Russia in a list of countries he called “xenophobic” in a speech at a campaign fundraising event in Washington.</p>


Biden calls ally Japan ‘xenophobic’ along with China, Russia

<p>The Federal Communications Commission (FCC) is moving to prevent Huawei, ZTE and other foreign companies deemed to pose US national security concerns from certifying wireless equipment, officials told <em>Reuters </em>on Wednesday.</p>


US moves to bar Huawei, other Chinese telecoms from certifying wireless equipment

<p>Malaysia’s biggest port operator Westports Holdings Bhd said on Thursday its net profit rose 11.4% year-on-year (y-o-y) in the first quarter, thanks to higher container revenue, coupled with higher finance income and share of results of a joint venture (JV).</p>
