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AWANI Tonight: Musk makes USD97 bil bid for Open AI, Altman hits back

AWANI Tonight: Musk makes USD97 bil bid for Open AI, Altman hits back

The battle between Elon Musk and Sam Altman over OpenAI escalated as the Tesla founder launched a USD97.4 bil bid for the startup’s asset, only for Altman to hit back with a counteroffer for X.
Tue Feb 11 2025
Malaysia pledges USD200,000 to accelerate Timor-Leste’s ASEAN membership

Malaysia pledges USD200,000 to accelerate Timor-Leste’s ASEAN membership

Foreign Minister says M'sia will lead efforts to streamline Timor-Leste's ASEAN membership, ensuring compliance with 88 agreements.
Thu Feb 06 2025
Stocks bounce, dollar on a rollercoaster as US tariffs paused

Stocks bounce, dollar on a rollercoaster as US tariffs paused

A 10% levy on Chinese goods appears likely to proceed and recovery for Asian stocks was more muted.
Tue Feb 04 2025
Ringgit opens firmer despite safe-haven demand

Ringgit opens firmer despite safe-haven demand

The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency.
Tue Dec 31 2024
Ringgit opens slightly higher vs greenback

Ringgit opens slightly higher vs greenback

The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan's stabilisation after the People's Bank of China decided against cutting rates earlier this week
Thu Dec 26 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Ringgit extends uptrend against greenback in early trade

Ringgit extends uptrend against greenback in early trade

At 8 am, the local currency climbed to 4.4600/4700 against the greenback.
Fri Nov 22 2024
Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.
Wed Oct 09 2024
OPR likely to be unchanged; Ringgit forecast at 4.25 vs USD year-end - Kenanga

OPR likely to be unchanged; Ringgit forecast at 4.25 vs USD year-end - Kenanga

Fiscal policy shifts and external risks, such as geopolitical tensions, could still influence the central bank's stance, says Kenanga.
Tue Oct 08 2024
Ringgit opens flat against USD

Ringgit opens flat against USD

The ringgit remained unchanged at 4.4295/4350 compared to the greenback from last Friday's close of 4.4295/4350.
Mon Aug 19 2024
Positive sentiment pushes ringgit to strengthen vs greenback at the opening

Positive sentiment pushes ringgit to strengthen vs greenback at the opening

Dr Mohd Afzanizam Abdul Rashid said the USD/MYR would linger near its immediate support level of RM4.40 today.
Mon Aug 12 2024
Ringgit opens higher against US Dollar

Ringgit opens higher against US Dollar

The ringgit opened higher against the US dollar today as cautious global economic sentiment prompted some investors to shift towards emerging currencies, including the ringgit, a dealer said.
Tue Jun 25 2024
AWANI Review: Google's USD2 Billion Bet on Malaysia's Tech Future

AWANI Review: Google's USD2 Billion Bet on Malaysia's Tech Future

Google pledged a USD2 billion investment in Malaysia's data and cloud infrastructure, including its second Southeast Asian data centre. Country Director Farhan Qureshi highlights the economic benefits and Malaysia's readiness to support tech giants' growth plans.
Sat Jun 22 2024
Ringgit opens lower vs US dollar, stronger against other major currencies

Ringgit opens lower vs US dollar, stronger against other major currencies

The ringgit continued to open lower against the U.S. dollar amid higher-than-expected U.S. inflation data which suggested the Federal Reserve (Fed) might keep the interest rate steady.
Wed Feb 14 2024
Witness says Najib opposed repatriation of USD3 bln from Switzerland

Witness says Najib opposed repatriation of USD3 bln from Switzerland

MACC's Nur Aida Arifin said the matter was revealed by ex-1MDB CEO, Mohd Hazem Abdul Rahman.
Wed Jan 24 2024
Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Gordon Ramsay says about 477 Japanese cat models called maneki-neko were stolen from his Lucky Cat 22 Bishopsgate restaurant.
Fri Feb 21 2025
Zayn Rayyan case: Two child witnesses complete testimony today

Zayn Rayyan case: Two child witnesses complete testimony today

So far, 20 prosecution witnesses, including the two children, have been called for this trial, according to the Deputy Public Prosecutor.
Fri Feb 21 2025
Macron says he will tell Trump not to be weak with Putin in Washington visit

Macron says he will tell Trump not to be weak with Putin in Washington visit

Emmanuel Macron says showing any weakness to Russia's Vladimir Putin would make it harder to deal with China and Iran.
Fri Feb 21 2025
Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Netanyahu accuse Hamas of acting "in an unspeakably cynical manner" by placing body of a Gaza woman in the coffin instead of Shiri Bibas.
Fri Feb 21 2025
Trump pulls US out of key global climate assessment, sources say

Trump pulls US out of key global climate assessment, sources say

The US is a co-chair along with Malaysia of a working group on climate mitigation, or ways to reduce greenhouse gas emissions.
Fri Feb 21 2025
Japan to court Tesla on Nissan investment, FT reports

Japan to court Tesla on Nissan investment, FT reports

The group hopes Tesla will invest strategically, believing it's interested in acquiring Nissan's US plants, the report says.
Fri Feb 21 2025
185 children linked to GISB handed over to families - Exco

185 children linked to GISB handed over to families - Exco

The children have been handed over to their families on bond with conditions by the court.
Fri Feb 21 2025
IRS fires 6,000 employees as Trump slashes US government

IRS fires 6,000 employees as Trump slashes US government

The move will eliminate roughly 6% of the agency's workforce in the midst of the busy tax-filing season.
Fri Feb 21 2025
Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

This is the chainsaw for bureaucracy, says Elon Musk.
Fri Feb 21 2025
[OPINION] For never again the world must know more about the Khojaly genocide

[OPINION] For never again the world must know more about the Khojaly genocide

For Azerbaijanis, the Khojaly genocide is more than a historical event - it is a collective trauma that shapes their identity and worldview.
Fri Feb 21 2025