Author - De Fa Wang

Bank Negara expected to hold rates steady through 2025 after OPR cut – investment banks

KUALA LUMPUR: Public Investment Bank Bhd (Public IB) expects Bank Negara Malaysia (BNM) to hold interest rates steady for the remainder of 2025, following the recent overnight policy rate (OPR) cut. Yesterday, BNM reduced the OPR by 25 basis points (bps) to 2.75 per cent at its fourth Monetary Policy Committee (MPC) meeting of the year, marking...

Fuel prices July 10-16: Diesel up 3sen, RON95, RON97 unchanged

KUALA LUMPUR: The retail price of diesel in Peninsular Malaysia will be increased by 3sen per litre from July 10 to 16. The Finance Ministry, in a statement Wednesday (July 9) said the retail price of diesel would go up to RM2.88 per litre in the peninsula. The price of diesel would, however, remain at RM2.15 per...

Single mother turns to daughter’s PTPTN loan to survive financial hardship

DUNGUN: A single mother, struggling to make ends meet, has resorted to using her daughter's National Higher Education Fund Corporation (PTPTN) loan to buy essential food supplies and cover basic living expenses. Zailawati Ismail, 41, from Felda Jerangau, said her family's life took a turn for the worse after her husband, Ramli Mat Rahim, died two...

Russia attacks Ukraine with 700 drones after Trump vows to send more weapons

KYIV (Reuters) -Russia targeted Ukraine with a record 728 drones overnight, shortly after U.S. President Donald Trump pledged to send more defensive weapons to Kyiv and aimed unusually direct criticism at Russian President Vladimir Putin. Ukrainian air defence units destroyed almost all the drones, including through electronic jamming systems, Ukraine's air force said on the Telegram...

Police record statements from bus driver, cyclists involved in roadside row

SHAH ALAM: Police have taken statements from four individuals over Sunday's (July 6) altercation between a bus driver and cyclists allegedly obstructing a bus lane at KM23 of the Kuala Selangor-Kuala Lumpur road. Kuala Selangor Police Chief Supt Azaharudin Tajudin said the police had received two reports, one from the bus driver and another from a...

Student murder: Two suspects to be charged with murder on July 10, say cops

KUALA LUMPUR: The main suspect in the murder of Maniishapriet Kaur Akhara, in Cyberjaya, and his girlfriend will be charged on Thursday (July 10). Sepang OCPD Asst Comm Norhizam Bahaman (pic) said the 20-year-old main suspect and his girlfriend, who is also the victim's housemate, will be charged under Section 302 of the Penal Code for...

Pre-dawn storm wreaks havoc in parts of Gelugor

A FREAK pre-dawn storm with strong winds felled trees in the vicinity of Island Glades in Gelugor on Tuesday (July 8). The Penang Island City Council's (MBPP) Skuad Pantas then sprang into action to clear the roads. Seri Delima assemblyman Connie Tan said her service centre received a call at around 6.30am about trees at Lintang Delima...

Rubio to attend Asean Summit in Malaysia on Thursday

WASHINGTON: US Secretary of State Marco Rubio (pic) will make his first trip to Asia since taking up his post, traveling this week to Malaysia for meetings with Asean allies, his office said Monday (July 7). The trip, starting Tuesday (July 8), will see Rubio, who is also President Donald Trump's national security advisor, focus on...

Father and son held over murder of e-hailing driver

AMPANG: A 36-year-old man and his father have been detained in connection with the murder of an e-hailing driver. Ampang Jaya OCPD Asst Comm Mohd Azam Ismail said the 37-year-old victim was found dead at Taman Pandan Perdana at 7.16pm on June 22. "Initially, the case was classified as sudden death, but a post-mortem revealed signs of...

Croc drags man away during fishing trip at Kinabatangan river

KOTA KINABALU: A man is believed to be mauled by a crocodile while fishing by the riverbank in Kinabatangan. Mare Miri, a 39-year-old immigrant, was fishing with four other friends when the reptile went up the bank and snatched him away. According to Kinabatangan Fire and Rescue Department, they received a report about the incident at 1.14pm,...