10+ min ago (507+ words) A couple of elderly people arrives at the Tuileries Garden in Paris, France, September 2, 2019. REUTERS/Benoit Tessier LONDON (Reuters) -Countries must act now to keep slowing population growth from wreaking havoc on their long-term economic prospects, the European Bank for Reconstruction and Development said in a semi-annual report on Tuesday. The report said ageing populations have already begun to hinder economic growth in some nations - and that in emerging Europe, the drop in the share of working-age people is projected to reduce annual per capita GDP growth by an average of almost 0.4 percentage points a year between 2024 and 2050. "Already today, demography is eroding growth in living standards, and it is going to be a headwind for GDP growth in the future," EBRD Chief Economist Beata Javorcik told Reuters. Post-communist nations, she said, "are getting old before getting rich," with the…...

11+ min ago (271+ words) Allianz Malaysia chief executive officer Sean Wang KUALA LUMPUR: Allianz Malaysia Bhd posted a higher net profit of RM234.17 million for the third quarter (3Q) ended Sept 30, 2025, up from RM183.18 million a year earlier. Revenue increased to RM1.58 billion from RM1.44 billion, the insurer said in a filing with Bursa Malaysia. The group'said insurance revenue rose 10 per cent, or RM143.9 million, to RM1.58 billion in 3Q 2025, driven by higher contributions from both insurance segments. Its general insurance segment posted insurance revenue of RM911.9 million, up 10.3 per cent, or RM85 million, from RM826.9 million a year earlier, supported mainly by higher gross earned premiums from the motor business. The life insurance segment recorded insurance revenue of RM672.5 million, an increase of 9.6 per cent, or RM58.9 million, from RM613.6 million a year earlier, reflecting stronger investment-linked protection and employee benefit business. For the nine-month period, net profit rose to RM661.25 million from RM540.02 million, while revenue increased to…...

21+ min ago (253+ words) SINGAPORE (Reuters) -Singapore's police have ordered Apple [AAPL.O] and Google [GOOGL.O] to prevent the spoofing of government agencies on their messaging platforms, the home affairs ministry said on Tuesday. The order under the nation's Online Criminal Harms Act came after the police observed scams on Apple's iMessage and Google Messages purporting to be from companies such as the local postal service SingPost. In September, the government also threatened to impose fines on Meta Platforms [META.O] if it did not introduce measures like facial recognition to help curb impersonation scams on Facebook, including those involving key government office holders. While government agencies have registered with a local SMS registry so only they can send messages with the "gov.sg" name, this does not currently apply to the iMessage and Google Messages platforms. "Members of the public may assume…...

37+ min ago (165+ words) KOTA TINGGI: Ten factory workers were injured after the bus transporting them skidded at KM48 of the Johor Baru-Mersing road. Kota Tinggi OCPD Supt Yusof Othman said the 75-year-old bus driver was also hurt in the 6.15am Tuesday (Nov 25) accident. "The driver lost control of the vehicle causing the bus to tumble," he said in a statement. Supt Yusof said all the victims are currently being treated at the emergency unit of Hospital Kota Tinggi here. The case is being investigated under Section 43(1) of the Road Transport Act 1987. Under the section, it is an offence to drive a vehicle "without due care and attention or without consideration" for other road users. Penalties include a fine of between RM5,000 and RM10,000, or up to 12 months' jail, or both if found guilty. Supt Yusof urged witnesses or anyone with information on the incident to contact Kota…...

46+ min ago (211+ words) People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas (Reuters) -Facebook parent Meta is in discussions with Alphabet's Google to spend billions on using Google's AI chips in its data centers from 2027 and to rent chips from Google Cloud by next year, The Information reported on Monday. Google has pitched tensor processing units, or TPUs, as a cheaper alternative to Nvidia chips, useful for firms seeking higher security standards, the report said, adding that Google has discussed aiming for 10% of Nvidia's revenue with its TPU chip business. The TPUs, available for rent on Google Cloud, serve as an alternative to supply-constrained Nvidia chips. Meta, Google and Nvidia did not immediately respond to requests for comment. Reuters could not immediately verify the report. Meta announced earlier this year it will invest…...

50+ min ago (152+ words) (Reuters) -South Africa led the way in the 2025 World Rugby Men's 15s Dream Team of the Year announced on Tuesday, with six Springboks selected, headlined by Player of the Year Malcolm Marx. Joining hooker Marx were props Ox Nche and Thomas du Toit, twice Player of the Year Pieter-Steph du Toit, flyhalf Sacha Feinberg-Mngomezulu and winger Cheslin Kolbe, a year after seven Springboks were named in the 2024 list. South Africa capped off a highly successful year by securing back-to-back Rugby Championship titles for the first time. New Zealand, Australia and England each contributed two players to the Dream Team. WORLD RUGBY MEN'S 15s DREAM TEAM OF THE YEAR 2025 Ox Nche (South Africa) Malcolm Marx (South Africa) Pieter-Steph du Toit (South Africa) Cam Roigard (New Zealand) Cheslin Kolbe (South Africa) Will Jordan (New Zealand) (Reporting by Pearl Josephine Nazare in Bengaluru; Editing by…...

51+ min ago (456+ words) KUALA LUMPUR: The High Court here has ordered the sister of fugitive businessman Low Taek Jho and his close associate Eric Tan to pay close to US$2.8bil (RM11.58bil) to 1Malaysia Development Bhd (1MDB) over "tainted proceeds" that belonged to the sovereign wealth fund. Justice Mahazan Mat Taib granted the judgment in default (JID) against Low May Lin, the sister of Low or known as Jho Low; and Tan, whose whereabouts remain unknown; after finding that 1MDB had proven its case against the two. "The evidence before this court reveals an elaborate, multi-layered, and multi-faced syphoning of funds orchestrated by individuals in positions of power, aided by a network of offshore entities and trusted associates, including the defendants," Justice Mahazan said here on Tuesday (Nov 25). "The plaintiffs also called three witnesses, namely former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi, UK-based financial fraud investigator…...

1+ hour, 2+ min ago (223+ words) KUCHING: More than 5,000 boat owners in Sarawak have received the Budi95 targeted fuel subsidy, says state Deputy Transport Minister Datuk Henry Harry Jinep (pic). He said the Budi95 initiative was extended to individual boat owners in Sarawak who do not have a driving licence, as many rural communities still use rivers as their main mode of transport. "The state Transport Ministry is working closely with the Domestic Trade and Cost of Living Ministry and Sarawak Federal Treasury to coordinate the implementation of this programme. "The registration of individual boat owners is being done with assistance from divisional residents and district offices," he told Anyi Jana (GPS-Ngemah) during question time in the Sarawak Legislative Assembly on Tuesday (Nov 25). Henry said 7,480 applications from boat owners had been forwarded to the Sarawak Federal Treasury as of Nov 19. He said 5,765 applications had been approved while the…...

1+ hour, 2+ min ago (303+ words) KUALA LUMPUR: Malaysia's economic indicators strengthened in September 2025, with the Leading Index (LI) recording a 0.8 per cent increase to 113.3 points, up from 112.4 points a year earlier, according to the'Statistics Department of Malaysia (DoSM). The LI provides an early indication of turning points in the business cycle and the near-term direction of the economy. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the positive trajectory was supported by strong double-digit growth in the number of new companies registered (16.0 per cent) and real imports of semiconductors (15.8 per cent). "Nevertheless, on a monthly basis the LI declined by 0.5 per cent, weighed down by the number of housing units approved (-0.7 per cent) and real imports of other basic precious and other non-ferrous metals (-0.5 per cent)," he said in a statement. Despite the LI's smoothed long-term trend remaining below the 100.0-point level in September 2025, Mohd…...

1+ hour, 2+ min ago (249+ words) The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. REUTERS/Ann Wang TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co said on Tuesday it had filed a lawsuit in Taiwan's Intellectual Property and Commercial Court against its former Senior Vice President Wei-Jen Lo, who recently joined Intel. In an emailed statement, TSMC said the lawsuit is based on the terms of the employment contract between TSMC and Lo, the non-compete agreement signed by Lo, and regulations such as the Trade Secrets Act. "There is a high probability that Lo uses, leaks, discloses or transfers TSMC's trade secrets and confidential information to Intel, thus making legal actions necessary," TSMC said. Intel and Lo did not immediately respond to requests for comment. Lo, who helped drive TSMC's mass production of cutting edge 5-nanometre, 3-nm and 2-nm chips, joined Intel in October…...