Bursa ekes out slight gain as rally slows

KUALA LUMPUR: Bursa Malaysia is poised to enter a consolidation phase after riding high on strong economic growth and optimism on an interest rate cut in the US. The FBM KLCI opened 0.89 points higher at 1,628.38 after Wall Street posted a mixed performance overnight, indicating the current rally may be taking a breather. "After hitting three-year...

Ringgit falls, comments by Fed officials dampen rate cut hopes

KUALA LUMPUR: The ringgit retreated against the US dollar to open lower on Tuesday as the risk mood was dampened by cautious US Federal Reserve official's comments. At 9 am, the ringgit fell to 4.6910/6950 versus the greenback from Monday’s close of 4.6850/6875. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said as expected,...

65 Sungai Petani primary school pupils suffer food poisoning

SUNGAI PETANI: Sixty-five pupils of SK Bandar Puteri Jaya near here are believed to have suffered from food poisoning after eating at the school canteen on Monday (May 20) morning. The school’s Parent-Teacher Association (PIBG) head Zubir Othman said the affected pupils, from Years Four, Five and Six, were from the morning session and suffered symptoms...

Man burns to death in fire at Damansara Damai flats

KUALA LUMPUR: A local man was burnt to death in a fire at the fourth floor of Block C, Lestari Apartment in Damansara Damai, Selangor on Monday (May 20) night. Selangor Fire and Rescue Department assistant operations director Ahmad Mukhlis Mokhtar said his team received a distress call regarding the fire at the residence of the...

China ready to collaborate, expand cooperation with M’sia in various fields, says envoy

KUALA LUMPUR: China is ready to collaborate with Malaysia in expanding cooperation in various fields including economy, trade, culture, tourism, education, and science and technology, says Ouyang Yujing. The China ambassador to Malaysia said a deepened connection would enhance friendship between the peoples of the two countires, introducing new dimensions and energy into their relations as...

S’porean comedian’s permit cancellation took into account police reports, says Fahmi

KUALA LUMPUR: The cancellation of the permit for popular comedian Sharul Channa to perform in Malaysia by the Central Agency for Application for Filming and Performance by Foreign Artistes (Puspal) was made after taking into account police reports lodged over an old video of hers that allegedly touched on race, religion, and royalty (3R) issues,...

Cardiac patients may be referred to private hospitals while waiting for Serdang Heart Centre repairs to complete

PETALING JAYA: Patients who are in need may be referred to private hospitals' cardiac surgery units until the Sultan Idris Shah Hospital's (HSIS) operating rooms are operational, provided that no resources are available at public hospitals. Association of Private Hospitals Malaysia president Datuk Dr Kuljit Singh said private hospitals in the Klang Valley will have the...

Kluang man loses RM2,000 after allegedly falling victim to ‘black magic’

KLUANG: A man in his 40s lost RM2,000 after allegedly becoming a victim of “pukau” (black magic) at a shop in Jalan Langsat here. Kluang OCPD Asst Comm Bahrin Mohd Noh said the incident occurred on Sunday (May 19) at 4.30pm after an unknown man entered the premises. “Based on the closed-circuit television (CCTV) footage, the suspect...

Malaysian restaurant whose owner has never visited the country gets Michelin star

PETALING JAYA: A Malaysian eatery in New York that has earned a Michelin star is owned by a chef who has never been to the country. Salil Mehta, originally from New Delhi, India, admitted that he had never even been to Malaysia in an interview with CBS News on May 18. Located in the city's Upper West Side, the...

EPF: Make use of i-Akaun app for Account 3

PETALING JAYA: EPF members have been reminded to use their i-Akaun app to handle issues revolving around their Akaun Fleksibel, popularly known as Account 3, instead of lining up at their branches. The exception is for withdrawals of more than RM30,000 or those who have changed their banking details, EPF said. However, a quick check by The...