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At BRICS summit, Russia to push to end dollar dominance

At BRICS summit, Russia to push to end dollar dominance

The Oct. 22-24 summit in the city of Kazan is being presented by Moscow as evidence that Western efforts to isolate Russia have failed.
Thu Oct 17 2024
Starlink emerges as fresh battleground between Musk, Brazil

Starlink emerges as fresh battleground between Musk, Brazil

Brazil's telecom regulator threatens Starlink with sanctions, escalating tensions with Elon Musk after his social network X was suspended.
Tue Sep 03 2024
Australia imposes sanctions on Israeli settlers, youth group over West Bank violence

Australia imposes sanctions on Israeli settlers, youth group over West Bank violence

Penny Wong said Australia calls on Israel to hold perpetrators of settler violence to account and to cease its ongoing settlement activity.
Thu Jul 25 2024
Putin taps economist to run defence, replacing Shoigu in unexpected move

Putin taps economist to run defence, replacing Shoigu in unexpected move

Russia's economists have so far largely ensured economic stability and growth despite toughest sanctions ever imposed on a major economy.
Mon May 13 2024
Iran's capacity to move oil reliant on Malaysian providers, US official says

Iran's capacity to move oil reliant on Malaysian providers, US official says

The US Treasury is increasing its focus on financing for groups routed through Southeast Asia.
Tue May 07 2024
US issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

US issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

20 companies based in mainland China and Hong Kong among hundreds of entities hit by wide-ranging move against Chinese companies so far.
Thu May 02 2024
Israeli PM Netanyahu says he will fight any sanctions on army battalions

Israeli PM Netanyahu says he will fight any sanctions on army battalions

Benjamin Netanyahu said he would fight against sanctions being imposed on any Israeli military units for alleged rights violations.
Mon Apr 22 2024
US and Britain announce new Iran sanctions after missile and drone strike on Israel

US and Britain announce new Iran sanctions after missile and drone strike on Israel

The US announced new sanctions on Iran targeting its unmanned aerial vehicle production after its attack on Israel.
Fri Apr 19 2024
US and allies plan more Iran sanctions; Israel war cabinet to meet again

US and allies plan more Iran sanctions; Israel war cabinet to meet again

Hoping to steer Israel away from massive retaliation, the US and Europe flagged toughening of economic and political sanctions against Iran.
Wed Apr 17 2024
North Korea aims to switch to solid-fuel missiles for faster launches

North Korea aims to switch to solid-fuel missiles for faster launches

North Korea is developing missiles and nuclear weapons undeterred by sanctions in the wake of UN Security Council bans.
Wed Apr 03 2024
How Russia has managed to shake off the impact of sanctions – with a little help from its friends

How Russia has managed to shake off the impact of sanctions – with a little help from its friends

Fortunately for Russia, China has been a somewhat willing partner.
Sun Mar 03 2024
US to impose 'major sanctions' on Russia over Navalny death

US to impose 'major sanctions' on Russia over Navalny death

The latest sanctions on Russia will include the country's defense and industrial bases, along with sources of revenue for the economy.
Wed Feb 21 2024
EU adds Russia's biggest diamond producer Alrosa to sanctions list

EU adds Russia's biggest diamond producer Alrosa to sanctions list

The EU's diamond ban is done in coordination with G7 countries, which announced a similar ban in December.
Wed Jan 03 2024
From spy balloons to chocolates: Chinese propaganda frames Xi's US pivot

From spy balloons to chocolates: Chinese propaganda frames Xi's US pivot

While key issues like US sanctions on chip exports remain unresolved, Chinese state media is now striking a different tone, analysts say.
Thu Nov 16 2023
PM: Will not recognise unilateral sanctions, in response to US bill

PM: Will not recognise unilateral sanctions, in response to US bill

Any sanctions against Malaysia can also affect the assessment of the US govt and US companies towards M'sia, said Datuk Seri Anwar Ibrahim.
Tue Nov 07 2023
Immediate allocation of RM150 mln for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mln for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
Minimum wage to increase to RM1,700 effective Feb 1, 2025

Minimum wage to increase to RM1,700 effective Feb 1, 2025

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Fri Oct 18 2024
Bursa Malaysia ends higher on Budget 2025 optimism

Bursa Malaysia ends higher on Budget 2025 optimism

The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Fri Oct 18 2024
Five important aspects relating to people’s lives in Budget 2025 - PM

Five important aspects relating to people’s lives in Budget 2025 - PM

The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Fri Oct 18 2024
Economic outlook: Govt plans to leverage, expand existing city transit system

Economic outlook: Govt plans to leverage, expand existing city transit system

The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Fri Oct 18 2024
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Fri Oct 18 2024
Economic outlook: Corruption and lack of accountability hinder economic progress

Economic outlook: Corruption and lack of accountability hinder economic progress

Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
Fri Oct 18 2024
National Wages Consultative Council will be strengthened

National Wages Consultative Council will be strengthened

The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Fri Oct 18 2024
Economic outlook: Ensuring 11 years of compulsory education for all children

Economic outlook: Ensuring 11 years of compulsory education for all children

Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Fri Oct 18 2024