Malaysian bonds are turning vulnerable to further outflows as local yields are seen rising along with those on Treasuries with Donald Trump poised to be the next US president. The nation’s corporate and sovereign bonds saw a net outflow of 11.2 billion ringgit ($2.6 billion) last month, the most since March 2020, according to Bank Negara...
SEREMBAN: A 16-year-old student died after he was believed to have fallen from the fourth floor of a block at a secondary school here. The male student died on the spot in the 6am incident. It could not be immediately established how the incident happened. Reporters were also barred from entering the school grounds. A police vehicle carrying...
All benefits, trips, and bonuses for government-linked companies (GLCs) and government-linked investment companies (GLICs) must now receive ministerial approval, says Datuk Seri Fadillah Yusof. The Deputy Prime Minister said this is a mandatory requirement under a new policy decided by the Cabinet. “Usually, the Cabinet oversees these aspects only for ministries, departments, and agencies. However, now all...
BEIJING (SCMP): A married man in China managed to maintain relationships with four other women, all residing in the same housing complex. Remarkably, one of these women even lived in the same building as his wife. This secret arrangement lasted over four years without any of the women discovering each other’s existence, sparking astonishment across Chinese...
PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) carried out another round of checks on several premises, including the residence of a local online fashion business founding couple in the Klang Valley. MACC chief commissioner Tan Sri Azam Baki said the checks were aimed at obtaining related documents and exhibits as well as assets owned by the couple...
KUALA LUMPUR: The MyKad may be used as a mechanism for the implementation of targeted RON 95 petrol subsidies, says Rafizi Ramli. The Economy Minister said this would entail eligible Malaysians to scan their MyKads at the pump for subsidised petrol. Their eligibility would be determined through data stored on a cloud database, he said. Rafizi said the...
MEXICO CITY (Reuters) - Mexican President Claudia Sheinbaum will wait to formally recognize a winner in the U.S. presidential election until vote tallies are finalized, she said on Wednesday, after preliminary vote results overnight gave Donald Trump a victory. Sheinbaum, who took office last month, told reporters at her regular morning press conference that she will...
PUTRAJAYA: FashionValet founders Datin Vivy Yusof and Fadzaruddin Shah Anuar left the Malaysian Anti-Corruption Commission (MACC) headquarters here at 4.23pm on Wednesday (Nov 6) after a second day of questioning. According to Sinar Harian, the married couple exited the MACC compound accompanied by an officer wearing an MACC jacket. The female MACC officer was seen sitting in...
WASHINGTON (AP): Donald Trump scored a decisive victory in a deeply divided United States. In so doing, the Republican president-elect exposed a fundamental weakness within the Democratic base and beat back concerns about his moral failings, becoming the first US president with a felony conviction. The Republican former president won over frustrated voters with bold promises...
KUALA LUMPUR: A businessman is demanding RM1.3mil from the Road Transport Department (JPJ) and the Transport Ministry over alleged copyright infringement involving the Madani plate number series. Hasan Azhari Hashim, a programme director at Ilham Madani Sdn Bhd, issued the letter of demand (LOD) through law firm Raj & Sach on Monday. In the letter, sighted by...
