<div class=newsTextDataWrapInner><p>AMSTERDAM (April 1): The chief executive of airline KLM said on Wednesday the Dutch company is not considering a break with its parent, Air France-KLM, as the company attempts to cope with the financial consequences of the coronavirus outbreak.</p></div>

<div class=newsTextDataWrapInner><p>"We are not working on disentanglement scenarios," broadcaster RTL quoted CEO Pieter Elbers as saying on a call with journalists. "We're working on financing."</p></div>

<div class=newsTextDataWrapInner><p>A spokesman for KLM confirmed the quotes made on a video call with Dutch journalists and reported by RTL were accurate.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The Dutch finance ministry is in talks with KLM about financial support. Elbers said on Wednesday a capital injection by the state is one possibility.</p></div>

<div class=newsTextDataWrapInner><p>The Dutch and French governments have yet to decide how they will support Air France KLM beyond temporary programs to pay furloughed workers.</p></div>

<div class=newsTextDataWrapInner><p>Due to travel restrictions amid the global virus outbreak, only around 10% of the company's flights are currently being operated.</p></div>


AMSTERDAM (April 1): The chief executive of airline KLM said on Wednesday the Dutch company is not considering a break with its parent, Air France-KLM, as the company attempts to cope with the financial consequences of the coronavirus outbreak.

"We are not working on disentanglement sce...

KLM CEO says not working on Air France break-up

Shares of EP Manufacturing Bhd (EPMB) climbed on Tuesday and set for its best day in 10 months after the auto parts maker signed a 10-year vehicle assembly deal with a Chinese carmaker.

EP Manufacturing shares set for best day in 10 months after assembly deal

Former prime minister Tan Sri Muhyiddin Yassin has requested for a bench of five Court of Appeal (CoA) judges to hear his review against the court’s own decision to reinstate abuse of power charges involving RM232.5 million against him.

Muhyiddin seeks five-judge bench to hear criminal charges review

China's economy grew faster-than-expected in the first quarter, data showed on Tuesday, offering some relief to officials as they try to shore up growth in the face of protracted weakness in the property sector and mounting local government debt.

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German Chancellor Olaf Scholz said he would raise trade, the war in Ukraine and climate issues as talks with Chinese leader Xi Jinping started in Beijing, underscoring the growing list of topics the two sides have to address.

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New home prices in China fell at their fastest pace in more than eight years in March as the debt woes of major property developers continued to drag on demand and the economic outlook.

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KUALA LUMPUR (April 16): Former prime minister Datuk Seri Najib Razak's appeal to recuse judge Datuk Collin Lawrence Sequerah in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial will be heard in August.

The appellate court has set Aug 20 to hear the matter following a case manag...

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KTI Landmark Bhd (KTI) has signed an underwriting agreement with M&A Securities Sdn Bhd for its listing on the ACE Market of Bursa Malaysia Securities Bhd.

In a statement on Tuesday, the Sabah-based integrated property developer said the initial public offering (IPO) comprises a public issue of 160 million new shares and an offer for sale of 45 million existing shares, representing 20% and 5.6% of the enlarged share capital of KTI respectively.

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For most of Singapore’s history as an independent nation, there has been a Lee at the helm. That’s now coming to an end.

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Carlo Rino Group Bhd has filed for an initial public offering (IPO) that would raise more funds for the apparel company as part of its listing transfer to the ACE Market from the LEAP Market.

Carlo Rino files draft prospectus for listing transfer to ACE Market

Australian police on Tuesday said a knife attack on an Assyrian church bishop and some followers in Sydney was a terrorist act motivated by suspected religious extremism, as the country reeled from a second stabbing incident in three days.

Australia says Assyrian church stabbing was terrorist act

<p>Asian stocks fell and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected US retail sales for March further reinforced expectations that the Federal Reserve is unlikely to be in a rush to cut interest rates this year.</p>


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<p>China said it believed Iran could "handle the situation well and spare the region further turmoil" while safeguarding its sovereignty and dignity, referring to an attack on Iran's embassy in Syria and its retaliatory strike over the weekend.</p>


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<p>Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition.</p>


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<p>E-government services providers MyEG Services Bhd and Heitech Padu Bhd have formed a partnership to collaborate on IT projects in Malaysia.</p>

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<p>RHB Retail Research said Cosmos Technology International Bhd has confirmed a bullish setup after breaking past a key resistance on strong volume.</p>


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<p>The automotive industry is not exactly the place one would want to be in the next few years.</p>

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<p>RHB Retail Research said Notion VTec Bhd is looking to extend upside movement after staging a bullish breakout.</p>


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<p>There is "no urgency" to cut US interest rates, Mary Daly, the president of the San Francisco Federal Reserve Bank, said on Monday, with the economy and labour market strong, and inflation still above the Fed's target of 2%.</p>


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<p>The recent attack by Iran on Israel represents a dangerous expansion of the Israel–Hamas war and raises the risk of a sharp escalation of the conflict, according to S&amp;P Global Ratings.</p>


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<p>Bursa Malaysia opened lower on Tuesday, taking a cue from the negative developments on Wall Street overnight due to escalating tensions in the Middle East, coupled with persistent inflation in the US as indicated by stronger-than-expected March retail sales.</p>


Bursa tracks weaker Wall Street showing to open lower 

<p>US stocks closed sharply lower on Monday, as an early lift from a strong retail sales report succumbed to a jump in Treasury yields and concerns about rising geopolitical tensions between Iran and Israel.</p>


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<p>The ringgit opened lower against the US dollar for the second consecutive day on Tuesday as the greenback strengthened following robust US retail sales data for March, said an analyst.</p>


Ringgit opens lower against dollar on strong US retail sales data 

<p>JPMorgan Chase &amp; Co chief executive officer Jamie Dimon, who announced plans last year to sell one million shares in the lender, sold almost US$33 million (RM157.8 million) of stock on Monday, bringing his total sales to that level.</p>


Jamie Dimon finishes million-share sale announced last year

<p>Mark Zuckerberg won his bid to avoid personal liability in about two dozen lawsuits accusing Meta Platforms Inc and other social media companies of addicting children to their products.</p>


Zuckerberg avoids personal liability in Meta addiction suits

<p>Oil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile and drone attack amid calls for restraint by allies.</p>


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<p>Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand.</p>


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<p>Just a few months ago, life as a Paramount Global bondholder was pretty good.</p>


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<p>President Joe Biden and first lady Jill Biden paid US$146,629 (RM701,217) in federal income taxes on a combined US$619,976 in adjusted gross income in 2023 — meaning the first family paid an effective federal income tax of 23.7% — according to tax filings released by the White House.</p>
