KUALA LUMPUR: Investors on Bursa Malaysia continued to position themselves for the tabling of Budget 2024 on Friday amid a global market rally as recent comments from US Federal Reserve officials suggested fears of another rate hike were overdone. At 12.30pm, the benchmark FBM KLCI was up 9.05 points to 1,445.54 while the overall market was...
HONG KONG: The Special Administrative Region’s affluent become Hong Kong dollar millionaires at the age of 33 on average and are expected to build HK$10mil in liquid assets by an average age of 62, the latest HSBC Premier 2023 Affluent Survey finds. According to the survey, 61% of respondents bank on savings from their salary...
KUALA LUMPUR: The ringgit snapped two consecutive days of gains to open lower against the US dollar on cautious sentiment despite the weaker performance of the greenback. The US Dollar Index (DXY) declined from as high as 106.01 points to 105.82 points despite the US Producer Price Index for September coming in higher than expected. At 9...
KUALA LUMPUR: Low-cost carrier MYAirline has announced it will suspend its operations from Oct 12, 2023, until further notice due to "significant financial pressures" pending a shareholder restructuring and recapitalisation of the airline. "We have worked tirelessly to explore various partnership and capital raising options to prevent this suspension. "Unfortunately, the constraints of time have left us...
KUALA LUMPUR: Malaysia’s wholesale and retail trade recorded sales value of RM142.5 billion, an increase of 6.7 per cent year-on-year (y-o-y) in August 2023, said the Department of Statistics Malaysia (DoSM). On a month-on-month comparison, sales value grew 2.0 per cent, it added. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase of 6.7 per...
MOSCOW (Reuters) - Russian President Vladimir Putin's foreign intelligence chief said on Wednesday that the issue of support for Ukraine was becoming toxic in the United States and that the divisions would deepen ahead of next year's U.S. presidential election. Since Russia invaded Ukraine in February last year, the United States and the European Union have...
PORT DICKSON: A 20-year-old Port Dickson Polytechnic student was killed after the car he was travelling in crashed into a highway guardrail, here. The deceased, who was travelling with four friends from the same polytechnic in a car, died due to serious head injuries in the 6.55am accident at KM28 of the Seremban-Port Dickson highway.. Port Dickson...
Oh dear, Draco Malfory is in big trouble. Be careful where you point your wand or else someone can get hurt. That’s the hard lesson Tom Felton learnt in a recent Uber Eats commercial. The minute-long Uber Eats Australia ad — for its “Get almost, almost anything” campaign — sees a doleful Felton reminiscing the good old...
The director also shares original Exorcist star Linda Blair's contributions to the new film, out this week. This is a true story. I recently caught a movie in Orchard Road. About 10 minutes into the screening, the picture froze for a split second. This happened a few times. On any other day, I would point the finger at the projectionist...
PUTRAJAYA: The Health Ministry has launched a survey to gather feedback and views from all Malaysians on the Generational End Game (GEG) initiative, says Health Minister Dr Zaliha Mustafa. The survey is open to all Malaysians who can participate through the MySejahtera app starting on Wednesday (Oct 11). The survey covers a range of topics including the...
