Oil jumps on Mideast missiles while AI bulls carry stocks higher

Research from UKG estimates that the World Cup could cost global employers some US$17 billion in lost productivity.

Airbus reports a successful first test flight for its A350-1000ULR, designed for ranges of up to 18,500km on ultra-long routes.

Microsoft says it built the model from scratch with no distillation from rival systems, rejecting a common training shortcut.

AI trade remains the driver of stock markets as Anthropic files confidential IPO that could value it near one trillion dollars.

Indonesia’s consul-general in Penang says the new route is shorter than the Belawan-Singapore route and will bring commodities from Sumatra to peninsula states and Southeast Asia.

In a filing with Bursa Malaysia, the company says a 121.41-hectare plot of freehold land will be acquired for an industrial park project comprising warehouses, factories and related infrastructure.

Big Caring Group Bhd is offering up to 25.5% of its enlarged share capital and intends to use some proceeds to pay down debt.

A possible reopening of the Strait of Hormuz has boosted investor confidence and eased concerns over global oil supply disruptions, says analyst.