KUALA LUMPUR: There was little to move the Malaysian market barometer on Thursday after the US Federal Reserve announced its widely expected decision to keep the interest rate unchanged, followed by a flat performance on Wall Street. The domestic benchmark index eked out a 1.05-point gain to 1,512.94 at the start of trading, suggesting investors remained...
GEORGE TOWN: The Penang government’s decision to give a 5% housing discount on overhang properties to all house buyers is well received by political parties and associations. Penang MCA secretary Yeoh Chin Kah, in welcoming the move, said any policy introduced must be grounded in the principle of supporting vulnerable groups, rather than being based on...
KUALA LUMPUR: The ringgit inched higher at the opening today amid ongoing geopolitical worries and despite a firmer greenback after the US Federal Reserve (Fed) decided to keep interest rates unchanged, an analyst said. At 8 am, the local note climbed to 4.2435/2650 against the greenback from yesterday’s close of 4.2500/2550. Bank Muamalat Malaysia Bhd chief economist...
PETALING JAYA: Malaysia achieved the world’s highest rate of improvement - more than any other country with 10 or more ranked universities - with 70% of its 32 institutions climbing in the Quacquarelli Symonds (QS) World University Rankings 2026. Of the 32 universities ranked, 19 rose, five remained stable in their ranks or bands, five featured...
KUALA LUMPUR: Ongoing negotiations with the US over its unilateral tariffs are going very well, says Datuk Seri Anwar Ibrahim (pic). The Prime Minister said this was conveyed by Investment, Trade and Industry (Miti) Minister Tengku Datuk Seri Zafrul Abdul Aziz and Finance Minister II Datuk Seri Amir Hamzah Azizan, who are both currently in Washington...
PUTRAJAYA: The Federal Court here has allowed an appeal by Sisters in Islam (SIS) in its dispute against the Selangor religious authorities over an edict that labelled the company as "deviant". In a majority decision, Chief Justice Tengku Maimun Tuan Mat, who chaired a five-judge panel said it set aside the decisions by the Court of...
IPOH: Police are seeking public assistance to locate a 13-year-old boy who has been missing since last Saturday after leaving his home in Jalan Padang Tembak here. Ipoh district police chief ACP Abang Zainal Abidin Abang Ahmad said a report on the boy’s disappearance was received at 11.08 pm on the same day. "The missing person has...
PUTRAJAYA: Datuk Seri Anwar Ibrahim has called on Malaysians to revive the spirit of reading, emphasising its crucial role in nation-building and advancing knowledge. The Prime Minister said that without a commitment to lifelong learning through reading, the country cannot hope to compete globally or improve its command of language, knowledge and technology. "We have inherited a proud...
KUALA LUMPUR: The practice of lump sum retirement withdrawals may jeopardise long-term financial security and increase the risk of retirees outliving their savings, said Employees Provident Fund (EPF) chief executive officer Ahmad Zulqarnain Onn. He said that only a small proportion of EPF members currently meet the basic savings threshold, while over 58 per cent of...
KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi says Malaysia’s diplomatic engagement with the United States must be carefully structured, guided by smart diplomacy and firmly rooted in comprehensive national interests. The Minister of Rural and Regional Development said this is essential given the United States’ role as a major global economic power, coupled with...
