Foreign central banks boost share of Malaysian bonds to record

Foreign central banks boost share of Malaysian bonds to record

The nation’s strong currency and stable economic growth have been a key allure for global investors Published Fri, May 8, 2026 · 08:37 AM FOREIGN central banks and governments have raised their share of Malaysian sovereign bonds to a record, underscoring the nation’s growing appeal as a reserve asset in a volatile global environment. The…

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Stocks to watch: OCBC, ST Engineering, Frasers Property

Stocks to watch: OCBC, ST Engineering, Frasers Property

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 8): OCBC : The lender reported on Friday that net profit for the first quarter rose 5 per cent, driven by strong growth in wealth management. Net profit for the three months ended Mar 31, stood at S$1.97…

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Cloudflare cuts workforce by 20% in ‘AI-first’ restructuring

Cloudflare cuts workforce by 20% in ‘AI-first’ restructuring

Published Fri, May 8, 2026 · 07:38 AM [BENGALURU] Cloudflare said on Thursday (May 7) that it would lay off about 20 per cent of its workforce as part of a shift towards an “agentic AI-first operating model”, as the Internet services company restructures around artificial intelligence. Shares of Cloudflare fell 14 per cent in…

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OCBC’s Indonesia deal a ‘perfect fit’ for Asean wealth ambitions, says CEO, as Q1 profit beats estimates

OCBC’s Indonesia deal a ‘perfect fit’ for Asean wealth ambitions, says CEO, as Q1 profit beats estimates

[SINGAPORE] OCBC’s acquisition of HSBC’s wealth and retail portfolio in Indonesia is a “perfect fit” for the lender’s refreshed growth road map, said group CEO Tan Teck Long on Friday (May 8). This comes as strong wealth income helped drive a robust first-quarter earnings performance. “If you recall, under our ‘Next Frontier’ strategy, we said…

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Oil prices jump on renewed US-Iran hostilities

Oil prices jump on renewed US-Iran hostilities

Published Fri, May 8, 2026 · 06:48 AM — Updated Fri, May 8, 2026 · 02:22 PM [NEW DELHI] Oil prices rose about 1 per cent on Friday (May 8) after renewed fighting broke out between the US and Iran, threatening a shaky ceasefire and dashing hopes for progress on a reopening of the Strait…

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Oil jumps following fresh clashes between US and Iranian forces

Oil prices jump on renewed US-Iran hostilities

Published Fri, May 8, 2026 · 06:48 AM OIL jumped following renewed clashes between US and Iranian forces, jeopardising the outlook for a deal to end the 10-week war. West Texas Intermediate rose toward US$98 a barrel after a volatile session on Thursday (May 7), while Brent closed near US$100. US forces intercepted unprovoked Iranian…

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S&P 500 ends down as chip stocks give up gains

S&P 500 ends down as chip stocks give up gains

Upbeat economic readings in recent weeks have also helped allay concerns about the economy Published Fri, May 8, 2026 · 05:45 AM [BENGALURU/SAN FRANCISCO] The S&P 500 ended lower on Thursday (May 7), with Intel and other chip stocks retreating after a recent rally, while uncertainty around US-Iran peace talks weighed on the wider market.…

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European shares pull back as Mideast peace prospects assessed

European shares pull back as Mideast peace prospects assessed

Published Fri, May 8, 2026 · 05:32 AM [BENGALURU] European shares slipped on Thursday (May 7) after a steep rally in the previous session, as investors assessed progress towards a US-Iran peace deal that pushed crude prices sharply lower. The pan-European Stoxx 600 ended 1.1 per cent lower after rising more than 2 per cent…

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My boyfriend’s shocking ChatGPT history led me to dump him — and it had nothing to do with betrayal

My boyfriend’s shocking ChatGPT history led me to dump him — and it had nothing to do with betrayal

Lying and cheating are obvious relationship dealbreakers. But finding out that your partner confided in ChatGPT about relationship doubts? The romantic metrics are murkier. For Lindsey Hall, a public relations professional who pens a Substack titled “Lindsey Hall Writes” — and wrote the recent essay “I Stumbled Upon My Boyfriend’s ChatGPT and It Ended Our…

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