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Ringgit opens higher against US dollar on stronger GDP growth in 4Q 2024

Ringgit opens higher against US dollar on stronger GDP growth in 4Q 2024

According to Mohd Afzanizam, the ringgit is poised for positive starts today amid signs of weaker consumer spending in the United States.
Mon Feb 17 2025
What is Trump doing - and not doing - to tackle the US debt?

What is Trump doing - and not doing - to tackle the US debt?

The US has run budget deficits every year since 2001, spending more than it collects and steadily increasing its debt.
Sat Feb 15 2025
Microsoft, Meta back big AI spending despite DeepSeek's low costs

Microsoft, Meta back big AI spending despite DeepSeek's low costs

CEOs of Microsoft and Meta defends massive spending saying it was crucial to staying competitive in the new field.
Fri Jan 31 2025
Trump says he is not sure US should be spending anything on NATO

Trump says he is not sure US should be spending anything on NATO

Washington finances 15.8% of the 32-member military alliance's yearly expenditure of around $3.5 billion.
Fri Jan 24 2025
TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports

TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports

This move comes as the Chinese company faces pressure from Washington to sell its popular video-sharing app in the United States.
Wed Jan 22 2025
Trump says to repeal Biden's multiple executive orders within hours of inauguration

Trump says to repeal Biden's multiple executive orders within hours of inauguration

Trump says the executive orders he is about to sign includes border security, energy, federal government spending, TikTok, DEI programmes.
Mon Jan 20 2025
Trump will not rule out force to take Panama Canal, Greenland

Trump will not rule out force to take Panama Canal, Greenland

Donald Trump vows to demand higher NATO defense spending and rename the Gulf of Mexico as the Gulf of America.
Wed Jan 08 2025
Japanese Gov't approves 2025 draft budget with record defence spending

Japanese Gov't approves 2025 draft budget with record defence spending

The Japanese government on Friday approved a draft budget for fiscal year 2025, with a record 8.7 trillion yen marked for defence spending
Fri Dec 27 2024
Trump-backed spending deal fails in House, shutdown approaches

Trump-backed spending deal fails in House, shutdown approaches

The vote exposed rifts in Trumps GOP, likely to resurface next year when they control the White House and Congress.
Fri Dec 20 2024
Canada finance minister quits after clash with Trudeau over Trump tariffs, spending

Canada finance minister quits after clash with Trudeau over Trump tariffs, spending

The resignation of Chrystia Freeland is one of the biggest crisis Justin Trudeau faces since taking power in November 2015.
Tue Dec 17 2024
Japan sets monthly record 3.31 mln visitors in October

Japan sets monthly record 3.31 mln visitors in October

Tourism spending, classified as an export in national accounts, is poised to become Japan's second-biggest export sector after autos.
Thu Nov 21 2024
Trump spends hours at UFC fight at Madison Square Garden

Trump spends hours at UFC fight at Madison Square Garden

Trump sat between White and Musk for much of the night and paid rapt attention to the fights, sometimes chatting with the fighters after their matches.
Sun Nov 17 2024
Sarawak unveils RM15.8 bil state budget for 2025

Sarawak unveils RM15.8 bil state budget for 2025

Tan Sri Abang Johari Tun Openg says the 2025 budget will continue to be an expansionary budget to boost govt spending.
Mon Nov 11 2024
Russian billionaire Avdeev says he's sold up to spend more time with his 23 children

Russian billionaire Avdeev says he's sold up to spend more time with his 23 children

Roman Avdeev says he had sold his remaining stake in the Rossium Group holding and that he no longer held any assets in Russia
Fri Nov 01 2024
PM announces substantial Budget 2025 hastening Malaysia to become Asian economic powerhouse

PM announces substantial Budget 2025 hastening Malaysia to become Asian economic powerhouse

Datuk Seri Anwar Ibrahim said it would create jobs and also tackle financial leakages to enhance public spending efficiency.
Fri Oct 18 2024
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
Sweden's top court rejects Greta Thunberg lawsuit on climate action

Sweden's top court rejects Greta Thunberg lawsuit on climate action

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025