Petronas is said to weigh sale of US$7 billion Canada business

Petronas is said to weigh sale of US billion Canada business

Lower oil prices have hit the company, which reported a slide of more than 30% in net income in 2024 and announced job cuts that will start taking place this year Published Wed, Jun 4, 2025 · 01:24 PM [KUALA LUMPUR] Petroliam Nasional (Petronas) is considering options for its Canadian company formerly known as Progress…

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Cause of death revealed for 3 sisters who vanished while visiting homeless dad, found dead in campground

Cause of death revealed for 3 sisters who vanished while visiting homeless dad, found dead in campground

The three young sisters allegedly killed by their homeless father in Washington likely died from asphyxiation. The Decker sisters’ — Paityn, 9, Evelyn, 8, and Olivia, 5 — cause of death was revealed in a preliminary report filed with the Chelan County Superior Court, according to a Fox 13 report published Tuesday. The girls’ bodies were found…

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Paragon Reit to delist from SGX on Jun 6

Paragon Reit to delist from SGX on Jun 6

Minority unitholders have received their scheme consideration payments on Jun 4, 2025 [SINGAPORE] Paragon Reit will delist from the Singapore Exchange with effect from 9 am on Jun 6, 2025, the manager said on Wednesday (Jun 4). This comes as Times Properties – the offeror that proposed privatising the Reit for S$0.98 apiece in February…

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Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings

Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings

[SINGAPORE] Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings prospects, and macroeconomic uncertainty. Despite the downgrade, the bank’s analyst, Desmond Ch’ng, said in a note on Tuesday (Jun 3) that Maybank still recommended “buy” calls for Public…

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John Brenkus, Emmy-winning ESPN host, died by suicide

John Brenkus, Emmy-winning ESPN host, died by suicide

John Brenkus, the host of “Sport Science” that aired on ESPN, died by suicide, TMZ reported on Tuesday, citing the Virginia Department of Health, Office of the Chief Medical Examiner. His family announced Sunday that he had died following a battle with depression at 54 years old. “It is with profound sadness that we share…

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Memecoin platform Pump.fun pursues US$1 billion token sale

Memecoin platform Pump.fun pursues US billion token sale

[NEW YORK] A platform dedicated to highly speculative cryptoassets is planning to raise US$1 billion by selling tokens, taking advantage of the current wave of positive sentiment buoying digital-asset markets. Pump.fun, which has been compared to the edgy 4chan social media network, allows users to quickly create, promote and sell memecoins, a type of token…

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Japan’s top banks said to mull joint ATM operation to cut costs

Japan’s top banks said to mull joint ATM operation to cut costs

Published Wed, Jun 4, 2025 · 11:29 AM [TOKYO] MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said sources familiar with the matter. The units of Japan’s three biggest banking groups are discussing details of joint operation, said the sources, who asked not to…

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Global carriers pile on India capacity as US-Europe traffic drops

Global carriers pile on India capacity as US-Europe traffic drops

[LONDON] The skies above India are about to get a lot busier as international carriers add more routes to the world’s most-populated nation to make up for tepid transatlantic demand that’s come under pressure from global economic uncertainties. Foreign airlines and the biggest Indian operators announced a range of plans at the International Air Transport…

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