Crypto platform Binance confirms major hack, more than US.5b frozen

Crypto platform Binance confirms major hack, more than US$2.5b frozen

NEW YORK, Oct 30 — Cryptocurrency platform Binance said today it had fallen victim to a major hack and indicated that more than US$2.5 billion (RM10.13 billion) in funds had been frozen in an effort to prevent a massive theft. The company — the world’s largest crypto exchange by daily trading volumes — posted a

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Shares in Google owner Alphabet drop more than 10pc after profit miss, advertising slowdown

Shares in Google owner Alphabet drop more than 10pc after profit miss, advertising slowdown

WASHINGTON, Oct 29 — Shares in Google parent Alphabet fell more than 10 per cent in after-hours trading yesterday as the company reported lower-than-expected profit and a slowdown in its advertising business while it maintained big spending on AI. Net profit slid 25 per cent from a year earlier to US$26.2 billion (RM106 billion) in

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Home Ministry orders agencies to prepare for floods as monsoon season begins

Home Ministry orders agencies to prepare for floods as monsoon season begins

PUTRAJAYA, Oct 29 — The Home Ministry (KDN) has ordered all its agencies and departments to take proactive steps to make thorough preparations for the North-east Monsoon, expected to begin this month and last until March next year. “Make sure our personnel are already trained, and our equipment is serviceable. There must be no boats

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Home Ministry awaits effective date for citizenship rights of children born overseas to Malaysian mothers

Home Ministry awaits effective date for citizenship rights of children born overseas to Malaysian mothers

PUTRAJAYA, Oct 29 — The Ministry of Home Affairs (KDN) has completed all documentation and preparations regarding the constitutional amendment concerning the citizenship of children born abroad to Malaysian mothers and it is now merely awaiting the determination of an effective date. Home Minister Datuk Seri Saifuddin Nasution Ismail said the amendment has been passed

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Malaysia to boost maritime security with four helicopters, new mission ship and two patrol vessels

Malaysia to boost maritime security with four helicopters, new mission ship and two patrol vessels

PUTRAJAYA, Oct 29 — The government remains committed to strengthening the Malaysian Maritime Enforcement Agency’s (MMEA) air, sea and land asset capabilities to safeguard the country’s maritime borders. Home Minister Datuk Seri Saifuddin Nasution Ismail said this strong support is crucial given that the agency shoulders the heavy responsibility of safeguarding nearly 600,000 square kilometres

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AKPS chief Shuhaily’s tenure referred to AGC and Agong, says IGP

AKPS chief Shuhaily’s tenure referred to AGC and Agong, says IGP

SHAH ALAM, Oct 28 — Datuk Seri Mohd Shuhaily Mohd Zain’s position at the Malaysian Border Control and Protection Agency (AKPS) has been referred to the Attorney General’s Chambers (AGC) for legal guidance before any recommendation to truncate or terminate his tenure is submitted to the Yang di-Pertuan Agong. Inspector-General of Police Tan Sri Mohd

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Malaysia expects billions in petrol subsidy savings — here’s where the money will go

Malaysia expects billions in petrol subsidy savings — here’s where the money will go

KUALA LUMPUR, Oct 28 — The total fuel subsidy savings for this year will be finalised by year-end, taking into account actual transaction adjustments, weekly market prices, currency exchange rates, and verified consumption volumes.  Finance Minister II Datuk Seri Amir Hamzah Azizan said that from a fiscal perspective, the implementation of BUDI95 is expected to

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