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  • ✇Malay Mail - All
  • Hong Kong stock exchange posts record quarterly profit as IPO boom continues
    HONG KONG, April 29 — Hong Kong’s stock exchange posted a record quarterly profit in the first three months of 2026, its operator said Wednesday, as the finance hub remains at the top of global rankings for initial public offerings.Profit attributable to shareholders rose to HK$5.19 billion (RM2.6 billion), a 27 per cent increase from the year before, Hong Kong Exchanges and Clearing (HKEX) said.Core business revenue reached HK$7.69 billion, up 22 per cent compar
     

Hong Kong stock exchange posts record quarterly profit as IPO boom continues

29 April 2026 at 11:38

Malay Mail

HONG KONG, April 29 — Hong Kong’s stock exchange posted a record quarterly profit in the first three months of 2026, its operator said Wednesday, as the finance hub remains at the top of global rankings for initial public offerings.

Profit attributable to shareholders rose to HK$5.19 billion (RM2.6 billion), a 27 per cent increase from the year before, Hong Kong Exchanges and Clearing (HKEX) said.

Core business revenue reached HK$7.69 billion, up 22 per cent compared to the same period of last year due to increased trading volumes in the cash and commodities markets.

“HKEX delivered a strong start to 2026 with revenue and profit both reaching record highs in the first quarter of 2026, as global capital continued to seek safe havens and access to Asian growth opportunities in a volatile macro environment,” HKEX CEO Bonnie Chan said in a statement.

This year has already brought strong Hong Kong IPOs from mainland Chinese companies including Muyuan Foods Co., Ltd, and Eastroc Beverage (Group) Co., Ltd.

There were 40 listings in the first quarter of 2026, raising HK$110.4 billion, more than five times the funds raised in the same period of last year. — AFP 

  • ✇Malay Mail - All
  • Measles outbreak in Bangladesh kills 227 children since March, nearly 35,000 suspected cases
    DHAKA, April 29 — Bangladesh has recorded 227 child deaths since March in one of its worst outbreaks of measles in decades, with the number of suspected cases reaching nearly 35,000, government data showed Wednesday.One of the hardest hit areas is Kurukpata in the Chittagong Hill Tracts, home to Indigenous communities, which border war-torn Myanmar.Children in these rural areas are often left out of vaccination coverage, and some families avoid vaccination progra
     

Measles outbreak in Bangladesh kills 227 children since March, nearly 35,000 suspected cases

29 April 2026 at 11:31

Malay Mail

DHAKA, April 29 — Bangladesh has recorded 227 child deaths since March in one of its worst outbreaks of measles in decades, with the number of suspected cases reaching nearly 35,000, government data showed Wednesday.

One of the hardest hit areas is Kurukpata in the Chittagong Hill Tracts, home to Indigenous communities, which border war-torn Myanmar.

Children in these rural areas are often left out of vaccination coverage, and some families avoid vaccination programmes due to fear.

“The most affected area of Chittagong Hill tracts is Kurukpata, one of the remotest parts of Bangladesh,” district health chief Sheikh Fazle Rabbi told AFP, saying more than 80 children had been treated for measles.

Local Kurukpata council head Kratpung Mro said the cases were unusually high.

“Communication from Kurukpata is difficult,” he said. “People, mostly farmers, are among the poorest and cannot afford even boat or motorcycle fares to reach the hospital.”

Kratpung Mro said the government should “launch awareness programmes and bring Indigenous communities under vaccination coverage”.

Ngangoi Mro, 30, a farmer, brought his two-year-old son, Rengle Mro, who was suffering from high fever, cough and diarrhoea, to the clinic.

“We walked four kilometres (2.5 miles) and then took a vehicle to the hospital from our village, as my boy became very weak,” he told AFP.

Measles is one of the world’s most contagious diseases, according to the World Health Organization (WHO), and is spread through coughs and sneezes.

It can affect people of any age but is most common among children, and can cause complications that include brain swelling and severe respiratory problems.

Since March 15, the number of suspected cases nationwide has reached 34,980, mostly among children aged between six months and five years.

Bangladesh health officials, aid by the UN children’s agency, WHO and the security forces are working to vaccinate children. — AFP 

  • ✇The Guardian World news
  • Revealed: Nigel Farage was given undisclosed £5m by crypto billionaire in 2024 Anna Isaac
    Exclusive: Reform leader changed his mind about standing as MP after gift from Thai-based crypto tycoon Christopher HarborneNigel Farage was given £5m by the crypto billionaire Christopher Harborne shortly before announcing he would stand in the 2024 British general election, the Guardian can reveal.Farage had already stated he did not intend to stand as a prospective MP but U-turned within weeks of receiving the personal gift from the Thai-based businessman. Continue reading...
     

Revealed: Nigel Farage was given undisclosed £5m by crypto billionaire in 2024

29 April 2026 at 10:19

Exclusive: Reform leader changed his mind about standing as MP after gift from Thai-based crypto tycoon Christopher Harborne

Nigel Farage was given £5m by the crypto billionaire Christopher Harborne shortly before announcing he would stand in the 2024 British general election, the Guardian can reveal.

Farage had already stated he did not intend to stand as a prospective MP but U-turned within weeks of receiving the personal gift from the Thai-based businessman.

Continue reading...

© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

Farage reported to parliament’s standards watchdog over undeclared £5m donation – UK politics live

29 April 2026 at 15:01

Farage was given £5m by the Thai-based billionaire Christopher Harborne shortly before announcing he would stand in the 2024 general election

Here is the running order for PMQs.

Nigel Farage was given £5m by the crypto billionaire Christopher Harborne shortly before announcing he would stand in the 2024 British general election, Anna Isaac reports.

Continue reading...

© Photograph: Joe Giddens/PA

© Photograph: Joe Giddens/PA

© Photograph: Joe Giddens/PA

  • ✇Malay Mail - All
  • Sabah assemblyman demands crackdown on foreigners fronting shops under locals’ names
    KOTA KINABALU, April 29 — Usukan assemblyman Isnaraissah Munirah Majilis wants action taken on foreigners running businesses using Sabahans’ names and cited Pakistani-manned sundry shops statewide that are killing local businesses.“This is not just a business issue. It is an issue of local economic sovereignty,” she said when debating the Head of State Policy Speech, Tuesday.“How can our small business owners compete or break into bigger markets when they are alr
     

Sabah assemblyman demands crackdown on foreigners fronting shops under locals’ names

29 April 2026 at 03:03

Malay Mail

KOTA KINABALU, April 29 — Usukan assemblyman Isnaraissah Munirah Majilis wants action taken on foreigners running businesses using Sabahans’ names and cited Pakistani-manned sundry shops statewide that are killing local businesses.

“This is not just a business issue. It is an issue of local economic sovereignty,” she said when debating the Head of State Policy Speech, Tuesday.

“How can our small business owners compete or break into bigger markets when they are already drowning at home, pressured by foreign monopolies using all sorts of business tricks?”

Munirah cited the situation in Kota Belud and Tenghilan showing a pattern of foreign nationals taking over retail trade one sector at a time, with Pakistani-run shops now including tyre outlets that operate round the clock.

“Many of these Pakistani traders do not pay minimum wage, issue handwritten calculator receipts instead of proper invoices and change prices of controlled goods at will. This is very unhealthy for Sabahans.

“If we can unite and boycott foreign products for solidarity with Palestine, why can we not support our own people? Those shops are not Bajau, not Iranun, not Dusun. They are Pakistani,” she said, calling on the public to support only local-run businesses.

She called for joint operations by the Ministry of Domestic Trade and Cost of Living, district offices and immigration to go after businesses licensed under a Sabahan’s name but run by foreign nationals without valid work permits.

She demanded that such licences be cancelled on the spot with no exceptions.

Alternatively, she proposed that certain business categories be made completely off-limits to foreign involvement and called for a shared digital database of business licences across local councils, district offices and the Ministry of Entrepreneurship to ensure government aid reaches only genuine local business owners.

Munirah also said that the ongoing conflict in the Middle East involving Iran and the United States, now in its 59th day, hits Sabah far harder than any other state in Malaysia due to three serious gaps the State has yet to fix.

She said Sabah has no oil storage facility should supply be cut off, still relies heavily on diesel for electricity generation, something she said the Deputy Prime Minister himself has acknowledged and imports the bulk of its food, including 80 per cent of its rice, 90 per cent of its meat, 50 per cent of its vegetables and 70 per cent of its fertiliser.

“With these three factors, Sabah will face a dangerous situation,” she said, adding, “We need to be honest with the people of Sabah about this.”

She also raised concern that rising construction material costs, already higher in Sabah than in Peninsular Malaysia even before the conflict, could slow down ongoing road, water and electricity projects if prices spike further.

She said the expected El Nino this year adds another layer of risk. In view of this, she proposed that the Government push for a special Sabah-specific price variation clause with the Federal Ministry of Finance and the Public Works Ministry, based on actual market prices in Sabah rather than a national average.

She urged the government to negotiate with Petronas to lock in a stable bitumen supply for the Pan Borneo Sabah highway at a special price ceiling and called for a review of spending limits for high-impact rural projects to keep pace with rising construction material costs.

“If we are always in denial mode, when will we ever change?” she said.

Munirah questioned whether Sabah’s RM7.6 billion manufacturing investment figure is driven by a single project, asking how much actually benefits local businesses and Sabahan workers.

She also urged the Kota Belud District Council to apply a more measured approach to assessment rates, saying a small town cannot be compared to major urban centres and any increase should be gradual.

Separately, she called for a clear account of how Petronas’ petroleum cash payments to the State Government are being used for poverty eradication, urging that oil company social programmes be inclusive and genuinely felt by the poor.

“We cannot use the same speed and the same methods if we say we are already 20 years behind,” she said. “If others are walking, Sabahans should already be running.”

She called on every assemblyman to discuss sensitive issues affecting Sabah, including the Malaysia Agreement 1963, state borders and the addition of parliamentary seats, collectively within the assembly before taking any public stand.

“The MA63 does not belong exclusively to Warisan. But it is also not the property of GRS, PBS, Umno or PBRS. It belongs to every Sabahan,” she said.

“In this assembly, we can fight over party politics. But we must be of one heart as Sabahans.” — Daily Express

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