Muhammad Asim
The first direct contact between Biden and the Chinese president.
The US president spoke to the Chinese president for the first time since taking office.
Washington / Beijing: US President Joe Biden has spoken over...
GLOBAL MARKETS-Worries over economic recovery shake world stocks, US$ pares gains
As the dollar pared gains on Wednesday, Wall street sank and European stocks suffered their worst one-day rout in three weeks over the pace...
Global Sukuk issuance to stop growing for the first time in...
Moody’s said on Tuesday that higher crude prices have reduced the financing needs of oil-rich Gulf governments. Due to this, Global Sukuk issuance will...
Economic reform needs unorthodox ideas
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Azizi said that the economic reform agenda has to look different and should consider the unorthodox...
Malaysia to increase efforts to address semiconductor backlog orders.
KUALA LUMPUR: Malaysia is trying its best to reduce the backlog of orders in the semiconductor industry over the past 12 months following the...
China offers 31 million in aid to the Afghanistan government.
BEIJING: China has offered a 31 million aid package to the Taliban government in Afghanistan.
According to the News Agency, China has offered a humanitarian...
Taliban announces interim government: Mullah Hassan Akhund appointed chief.
Afghan Taliban spokesman Zabihullah Mujahid announces his government's interim cabinet in Afghanistan after a nearly three-week wait. Zabihullah Mujahid announced the new cabinet at...
INVESTOR CONFIDENCE RETURNS TO BURSA
The start of the year 2021 proved to be significantly good for the stock market as investors were confident of a global economic recovery....
PROPOSAL TO INCREASE STATUTORY DEBT LIMIT TO 65%
PETALING JAYA: Tengku Datuk Seri Zafrul Abdul Aziz, the finance minister of Malaysia, is all set to propose a new limit to increase the...
Malaysia Auto Sector Reopens After 2.5-Month Shutdown
Malaysia's automotive plants, distributors and showrooms were cleared to restart on 16 August 2021 after a two-and-a-half-month pandemic shutdown, putting the sector on course for…
U.S. OPENS PROBE INTO TESLA’S AUTOPILOT OVER EMERGENCY VEHICLE CRASHES
On Monday, a formal safety probe has been opened against Tesla's auto driver system by the U.S. auto safety regulators. A number of crashes...
Indonesia exits recession with 7% GDP growth in Q2, but virus...
JAKARTA: Indonesia showed great signs of improvement as it effectively pulled out of recession in the second quarter of the year. The country reported...
Afghanistan conflict: Kabul falls to Taliban as president flees
KABUL: The US-led coalition government present in Afghanistan has been seized and taken over by the Taliban. After they captured the capital and brought...
Malaysia’s king to meet political leaders as search for new PM...
KUALA LUMPUR: The Malaysian King put an end to the political quarrelling at a meeting held on Tuesday with his fellow party leaders. As...
Japan approves chip development project with Taiwan’s TSMC
Japan approves a significant semiconductor research project with Taiwan's TSMC, aiming to enhance technological capabilities and address the global chip shortage that has impacted industries like automotive manufacturing.
UEM Sunrise partners Maybank Islamic’s HouzKEY
KUALA LUMPUR: UEM Sunrise Bhd has collaborated with Maybank Islamic's HouzKEY. To help a greater amount of its clients including new property holders to...
KAB partners Janakuasa in Vietnam renewable energy venture
Kejuruteraan Asastera Bhd (KAB) , a Malaysian mechanical engineering company. Signed an agreement with Janakuasa Pte., Ltd. to enter the renewable energy market in...
Trump’s tariffs led to billions of losses, Fed research shows
Federal Reserve economists discovered an anomaly in US-China trade data during tariff periods, suggesting potential misreporting by exporters and importers to minimize tax implications and tariff costs.
Singapore’s GIC buying 16% stake of Sunway Healthcare for RM750m
Singapore sovereign wealth fund GIC Pte Ltd acquired a 16% stake in Sunway Healthcare Holdings Pte Ltd (SHH) for RM750 million. In a statement...
World Bank lowers Malaysia GDP growth due to pandemic.
Kuala Lumpur: Malaysia's GDP development has been brought down to 4.5% this year from the prior 6%. According to World Bank amid the emotional...
BNM’s international reserves rise to US$111bil as at June 15
After appointing Nor Zahidi Alias as an external member of the Monetary Policy Committee (MPC) of Bank Negara Malaysia. National Bank’s foreign exchange reserves...
Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.
Despite the Biden government's call for the closure of domestic semiconductor manufacturing. GlobalFoundries Inc will build a US$4 billion (RM16.4 billion) chip factory in...
Singapore and Vietnam to work on pacts to boost digital economy
Singapore: Singapore and Vietnam have given their consents to speed up the formation process. For joint working gatherings to foster reciprocal arrangements on the...
Petronas and SEA eyeing digital banking licence
Kuala Lumpur: SEA ltd and Petroliam Nasional Bhd (Petronas) are one of the organizations intending to offer an advanced digital banking license in Malaysia....












































