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Ringgit advances as domestic optimism offsets US rate concerns

Ringgit advances as domestic optimism offsets US rate concerns

Dr Mohd Afzanizam Abdul Rashid said Malaysia's third-quarter economic data indicated the economy was on track for stronger growth this year.
Mon Nov 18 2024
BNM: Existing mega projects will continue to support Malaysia's economic growth in 2025

BNM: Existing mega projects will continue to support Malaysia's economic growth in 2025

Datuk Seri Abdul Rasheed Ghaffour says the govt secured investments totalling RM330 bln in 2023 and RM160 bln in the first half of 2024.
Fri Nov 15 2024
Israel-Hezbollah conflict cost Lebanon $8.5 billion, World Bank says

Israel-Hezbollah conflict cost Lebanon $8.5 billion, World Bank says

Direct physical damage in Lebanon amounts to at least $3.4 billion, the Damage and Loss Assessment conducted by the World Bank said.
Fri Nov 15 2024
Strong investments, exports drive Malaysia's third quarter GDP growth to 5.3 per cent

Strong investments, exports drive Malaysia's third quarter GDP growth to 5.3 per cent

BNM says exports continue to strengthen on the back of recovering external demand and positive spillovers from the global tech upcycle.
Fri Nov 15 2024
The late Daim, from ex-banker and realtor to nation's economic troubleshooter

The late Daim, from ex-banker and realtor to nation's economic troubleshooter

Tun Daim Zainuddin is best known as former Prime Minister Tun Dr Mahathir Mohamad's chief economic troubleshooter.
Wed Nov 13 2024
Huge crime network forging Banksy, Warhol and Picasso uncovered in Italy

Huge crime network forging Banksy, Warhol and Picasso uncovered in Italy

Investigators said they had seized more than 2,100 fake pieces, with a potential market value of about 200 million euros.
Mon Nov 11 2024
Bag containing RM1 million lost after collection from bank

Bag containing RM1 million lost after collection from bank

It is understood that the loss of the bag was noticed by the security van driver involved when he found the vehicle's door open.
Thu Nov 07 2024
FBM KLCI rises in opening trade ahead of OPR, US election results

FBM KLCI rises in opening trade ahead of OPR, US election results

The FTSE Bursa Malaysia KLCI advanced 4.01 points to 1,624.71.
Wed Nov 06 2024
BNM unveils key principles to harness Islamic finance for economic growth

BNM unveils key principles to harness Islamic finance for economic growth

The forum aims to enhancing branding appeal and reaching out to Islamic finance leaders in the Asia-Pacific region.
Tue Nov 05 2024
UNRWA chief says Israeli forces damaged agency's West Bank office; Israel disputes claim

UNRWA chief says Israeli forces damaged agency's West Bank office; Israel disputes claim

The Israeli military issued a statement denying responsibility for any damage to the building.
Fri Nov 01 2024
US$3 billion development for TRX diverted into Najib's account, says judge

US$3 billion development for TRX diverted into Najib's account, says judge

Prosecution shows that on March 14, 2013, the accused signed a letter supporting 1MDB's $3B bond issuance, the judge said.
Wed Oct 30 2024
IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

The IMF releases new economic forecasts showing that global GDP growth will decline slightly by 20.9 to 3.1 pct from 3.2 pct this year.
Fri Oct 25 2024
Tupperware cancels auction, agrees to lender takeover

Tupperware cancels auction, agrees to lender takeover

Tupperware Brands agreed to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief.
Wed Oct 23 2024
War has knocked Gaza back to the 1950s, UNDP says

War has knocked Gaza back to the 1950s, UNDP says

The Gaza Strip and the Israeli-occupied West Bank was now 35% smaller than it was at the start of Israel's invasion of Gaza a year ago.
Tue Oct 22 2024
Musk warns of risks of US going bankrupt

Musk warns of risks of US going bankrupt

Elon Musk says the interest on the debt is trending to rapidly absorb all tax revenue, leaving nothing for critical needs.
Tue Oct 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024
Thai court rejects petition over ex-PM Thaksin's political influence

Thai court rejects petition over ex-PM Thaksin's political influence

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Fri Nov 22 2024
Abidin takes oath of office as Sungai Bakap assemblyman

Abidin takes oath of office as Sungai Bakap assemblyman

The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
Fri Nov 22 2024
UPNM cadet officer charged with injuring junior, stomping on him with spike boots

UPNM cadet officer charged with injuring junior, stomping on him with spike boots

A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
Fri Nov 22 2024
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Fri Nov 22 2024
Elon Musk blasts Australia's planned ban on social media for children

Elon Musk blasts Australia's planned ban on social media for children

Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.
Fri Nov 22 2024
Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Bondi was the top law enforcement officer of the country's third most populous state from 2011 to 2019, and served on Trump's Opioid and Drug Abuse Commission during his first administration.
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