Latest news with #478
The Star
22-05-2025
- The Star
Student allowed to retake exam after saving friend's life
Compiled by SHYAFIQ DZULKIFLI, C. ARUNO and R. ARAVINTHAN A STUDENT in China's Shandong province who missed his Gaokao exam after trying to save his friend's life, was allowed to retake the paper, China Press reported. On May 10, Jiang Zhaopeng from Shandong Urban Services Vocational College was making his way to the exam venue when his classmate on the same e-hailing ride suffered a seizure and stopped breathing. Jiang immediately administered CPR as the e-hailing driver rushed them to the nearest hospital. Despite the Gaokao being an important exam which could determine a student's entire academic and career future, Jiang said he did not regret his actions. Many netizens pleaded with the Education Ministry for Jiang to have a second chance at taking the exam. Their pleas were heard as the Shandong Provincial Education Admissions Examination Institute allowed Jiang to retake the exam last Sunday. > A university student in Kuching who tried to recover the money he was scammed through a 'lawyer' only ended up being scammed again. The daily also reported that the 22-year-old first placed RM4,478 in an online investment platform which offered lucrative returns in just 24 hours. He realised he had been scammed after finding out that the platform charged exorbitant fees to withdraw his investment. With the help of a friend, the student contacted a lawyer from Hong Kong who claimed he was able to recover the money. The student followed the lawyer's instructions and transferred a total of RM23,700 to a local bank account before realising he had been scammed. The above articles are compiled from the vernacular newspapers (Bahasa Malaysia, Chinese and Tamil dailies). As such, stories are grouped according to the respective language/medium. Where a paragraph begins with a >, it denotes a separate news item.
Yahoo
05-05-2025
- Business
- Yahoo
EU may extend trade visa-free regime for steel and iron from Ukraine
On 8 May, the European Parliament will vote on introducing a preferential export regime for steel and iron from Ukraine after the general autonomous trade preferences for Ukrainian exports to the EU (the so-called trade visa-free regime) expire on 6 June 2025. Source: draft European Parliament Legislative Resolution on the proposal for a regulation of the European Parliament and of the Council suspending certain parts of Regulation (EU) 2015/478 as regards imports of Ukrainian products into the European Union Details: The draft legislative resolution of the European Parliament, which will be put to a vote on 8 May, provides for the continuation of the simplified import regime for Ukrainian steel and iron after 5 June 2025. "Ukraine is still a major exporter of iron and steel, despite the fact that the war has caused the destruction or occupation of many production facilities. It therefore remains necessary to maintain the suspension of Regulation (EU) 2015/478 on common rules for imports. This suspension is and would remain the legal basis for the suspension of the Union's current safeguard measure on steel products (vis-à-vis such imports from Ukraine) as part of the Union's support," an explanatory note of the European Commission to the draft document says. The European Commission stressed that the proposed Regulation must enter into force on 6 June 2025 to ensure the continuation of trade liberalisation measures for Ukraine after the expiry of the autonomous trade preferences for Ukraine on 5 June 2025. It is proposed to introduce preferences for Ukrainian iron and steel for a period of three years. If the European Parliament's vote is successful, the legislative resolution must be approved by the EU Council and will enter into force after its official publication. Background: As reported, during the plenary session on 5-8 May, the European Parliament will also discuss peace in Ukraine and the return of Ukrainian children abducted by Russia. The European Commission does not plan to extend Ukraine's autonomous trade measures regime, which is valid until 5 June. However, it plans to ensure a smooth transition to a new scheme where all conditions for trade liberalisation will be enshrined in a free trade agreement between Ukraine and the EU. Support Ukrainska Pravda on Patreon!
CNA
28-04-2025
- Business
- CNA
Japan's Komatsu expects 27% profit fall this year on stronger yen, tariffs
TOKYO :Top Japanese construction machinery maker Komatsu on Monday forecast a 27 per cent decline in operating profit this financial year due to a stronger yen and new U.S. tariffs which will have an impact of more than $650 million. The company expects operating profit of 478 billion yen ($3.33 billion) for the business year to March 2026, after posting a record-high profit of 657.1 billion yen in the previous period, which marked 8.2 per cent growth. With robust mining equipment sales, a weak yen and successful price hikes, the positive 2024/25 result beat analysts' mean estimate of 605.7 billion yen in the data compiled by LSEG. Revenues came to 4.1 trillion yen and net income 439.6 billion yen, both historical highs for a third straight year. "On tariffs, we've already taken immediate measures such as bypassing the U.S. when we export from Japan to Canada," Komatsu chief executive Takuya Imayoshi told an earnings briefing. "We will consider changing sources globally or other mid-term efforts," Imayoshi, who took office earlier this month, said, adding that hiking prices in the U.S. is another possible tariff response. Komatsu, the world's second-largest heavy equipment maker after U.S. rival Caterpillar, earns more than a quarter of its sales from North America, making it vulnerable to repercussions of President Donald Trump's trade policy. About 50 per cent of Komatsu products sold in the U.S. are manufactured outside the country and imported, it said. In the current business year, the company factored in a 78.5 billion yen direct tariff cost as well as a 15.8 billion yen indirect impact from tariff-induced slower economic growth on equipment demand. Yen appreciation would also shave off 133 billion yen from its profit this year, Komatsu said. The company assumes an exchange rate of 135 yen per dollar, against 153 yen per dollar in the previous year. Komatsu also said it would buy back up to 4.3 per cent of its outstanding shares for 100 billion yen and cancel them. Shares in Komatsu closed on Monday 2.3 per cent higher than the previous trading day, beating benchmark Nikkei 225's 0.4 per cent growth. ($1 = 143.4200 yen)
CNA
28-04-2025
- Business
- CNA
Komatsu sees 27% profit fall this year on stronger yen, tariffs
TOKYO :Top Japanese construction machinery maker Komatsu on Monday forecast a 27 per cent decline in operating profit this financial year, due to a stronger yen and new U.S. tariffs which will have an impact of more than $650 million. The company expects operating profit of 478 billion yen ($3.33 billion) for the business year to March 2026, after posting a record-high profit of 657.1 billion yen in the previous period, which marked 8.2 per cent growth. With robust mining equipment sales, a weak yen and successful price hikes, the positive 2024/25 result beat analysts' mean estimate of 605.7 billion yen in the data compiled by LSEG. Revenues came to 4.1 trillion yen and net income 439.6 billion yen, both historical highs for a third straight year. Komatsu, the world's second-largest heavy equipment maker after U.S. rival Caterpillar, earns more than a quarter of its sales from North America, making it vulnerable to repercussions of President Donald Trump's trade policy. About 50 per cent of Komatsu products sold in the U.S. are manufactured outside the country and imported, it said. In the current business year, the company factored in a 78.5 billion yen direct tariff cost as well as a 15.8 billion yen indirect impact from tariff-induced slower economic growth on equipment demand. Yen appreciation would also shave off 133 billion yen from its profit this year, Komatsu said. The company assumes an exchange rate of 135 yen per dollar, against 153 yen per dollar in the previous year. Komatsu also said it would buy back up to 4.3 per cent of its outstanding shares for 100 billion yen and cancel them. Shares in Komatsu closed on Monday 2.3 per cent higher than the previous trading day, beating benchmark Nikkei 225's 0.4 per cent growth. ($1 = 143.4200 yen)
Yahoo
26-03-2025
- Politics
- Yahoo
TN Bill proposes exceptions for firearms in restricted zones
MEMPHIS, Tenn. — Two pieces of legislation are causing controversy as they move into the next phase, but they still have a long way to go. Senate Bill 441 and House Bill 478 are looking to change the current law surrounding the possession of weapons on properties that prohibit firearms. The bills look to create an exception to the offense of possessing or carrying a firearm into an area where weapons are not permitted. An amendment was made to the bill on Tuesday. Memphis voters say yes to 3 gun control measures 'There was an amendment added by a committee member yesterday. It was a former law enforcement officer. Yeah, that kind of creates a due process,' said Rep. Ed Butler (R), District 41. The proposed legislation means you won't get in trouble if the property owner sees the gun and you leave immediately at their request, or if you put the gun in your car, you won't be fined. 'The amendment improves the situation. But I can see circumstances under which it's going to be very difficult to determine whether someone inadvertently brought a firearm onto the premises, were firearms or prohibited or intentionally did so. So that's going to continue to be a challenge,' said Bill Gibbons, Memphis Shelby Crime Commission. Gibbons believes much more must be ironed out to make sure bad actors aren't taking advantage. 📡 for Memphis and the Mid-South. 📧 and have the latest top stories sent right to your inbox. 'It would apply to hospitals, to restaurants, to various government buildings, city buildings, county buildings and so on,' Gibbons said. The next step is for the bill to go through the full judiciary committee before it reaches the Senate. 'You know, we're just trying not to penalize law abiding citizens that have made mistakes and honest mistakes,' Butler said. The legislation would become effective this summer if enacted. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
