World

Europe recorded 10,000 excess deaths during late-June heatwave, data show

BRUSSELS, July 13 (Reuters) - European ⁠countries reported more than 10,000 excess deaths during the record-breaking heatwave that engulfed the west ⁠of the continent in late June, official data showed.

Archery

Bullseye in Madrid

KUALA LUMPUR: National archer Fatin Nurfatehah Mat Salleh won the women's compound silver medal at the fourth stage of the 2026 World Cup in Madrid on Saturday.

Economy

Thai inflation likely below 2.8% this year

BANGKOK: Thailand's inflation is likely to come in below the Bank of Thailand's forecast of 2.8% this year and ease next year, the central bank governor said last Saturday, adding that monetary policy would remain accommodative and focused on supporting the economy.

Hockey

Speedy Tigers’ fighting spirit in S. Africa pleases coach Carolan

PETALING JAYA: National hockey team head coach Brendon Carolan is pleased with his players' performance in their South Africa Tour despite several senior players being sidelined by minor injuries.

Motorsport

Hakim settles for 12th spot at  crash-filled Sachsenring

PETALING JAYA: National rider Hakim Danish Ramli had to navigate a field of crashes at the Sachsenring as he crossed the line in 12th place at the Grand Prix of Germany yesterday.

Corporate News

SK Hynix debut is a bet that AI breaks chip cycle

SEOUL: South Korean memory chipmaker SK Hynix Inc has just pulled off the largest public listing by a foreign company in US market history. Shares soared 13% on its first day of trading.

Nation

Analysts: Johor sweep no guarantee of domino effect

Barisan Nasional may gain significant momentum following its big win in Johor, but the outcomes in Negri Sembilan and the 16th General Election (GE16) will still hinge on each state's political dynamics, candidates and prevailing issues, say analysts.

Nation

Pain never stopped her dreams

PETALING JAYA: When most teenagers were planning their future, Pavithra Charles (pic) was learning how to live with a lifelong autoimmune disease.

Vietnam

Paradise shattered as vessel sinks

A boat returning from an island trip in southern Vietnam capsized, killing 15 Indian tourists less than half a kilometre from shore, as passengers shouted for help, officials and a witness said.

Corporate News

Tencent in talks to acquire large stake in Manus

BEIJING: Tencent Holdings Ltd is in discussions to become the largest external shareholder in Manus, in a deal to buy back the agentic artificial intelligence (AI) pioneer after Chinese regulators struck down Meta Platforms Inc's blockbuster acquisition.

Star Biz7

The benchmark effect

Global index provider MSCI's decision to keep Indonesia in its emerging markets (EMs) Index has temporarily erased some near-term stress across regional markets, but it has also prolonged uncertainty for investors.

Commodities

Plantations set for upside on strong CPO price

PETALING JAYA: Kenanga Research has maintained a bullish stance on the plantation sector as the US National Oceanic and Atmospheric Administration (NOAA) raised the likelihood of a "very strong" El Nino event occurring this year.

Economy

M’sia-Indonesia halal trade to top RM119bil this year

PETALING JAYA: Malaysia-Indonesia bilateral trade is projected to grow by 10% this year to US$29.3bil (RM119.25bil), supported by expanding cooperation in the halal sector and stronger market access between the two countries.

Squash

Dakshayani caps stunning run in Penang by clinching U-19 title

PETALING JAYA: Rising squash player T. Dakshayani punched above her weight to clinch the girls' Under-19 title at the Penang Junior Open last week.

Nation

Tighter checks urged on aesthetic industry

PETALING JAYA: Malaysia's reputation as a leading medical tourism destination could be undermined if consumers continue to fall prey to unregistered cosmetic and aesthetic operators, says the Federation of Malaysian Consumers Associations (Fomca).

Nation

Public warned of hidden risks in bargain procedures

GEORGE TOWN: Beware of healthcare treatments offered in hotel rooms, private homes and beauty salons at prices far below market rates.

Economy

Unfolding a smart manufacturing future

FOR years, Malaysia benefitted from being "good enough" at manufacturing. Politically stable enough, cheap enough, and skilled enough.

Corporate News

Lower write-offs to drive AEON Credit re-rating

PETALING JAYA: Lower write-offs from legacy loans and easing associate losses are expected to serve as key near-term re-rating catalysts for AEON Credit Service (M) Bhd, according to CIMB Research.

Auto

Car crisis takes toll on Germany’s youths

Frankfurt: Despite a year of searching, previous stints at big automotive suppliers and sending out about 50 applications, German software engineer Max Peil is still looking for a job.

Corporate News

Bright outlook for Malayan Cement on project rollouts

PETALING JAYA: Cement demand is expected to gradually strengthen over the medium term as major infrastructure projects gather pace, underpinning Malayan Cement Bhd's earnings outlook despite recent share price weakness.