AUSTIN: It’s no easy feat to catch Washington’s formidable trade lobbies and relentless, scoop-hungry journalists off guard. Yet on Tuesday (July 22), US President Donald Trump managed to do exactly that. On a day when experts and analysts were poised to dissect a potential deal with the Philippines, awaited after President Ferdinand Marcos Jr’s visit to the...
SINGAPORE: Asian stocks rose on Tuesday while U.S. Treasury yields steadied allowing a bit of a breathing room for the U.S. dollar as investors took stock of the debt load of the world's biggest economy and awaited trade deals. Moody's downgrade of its rating for U.S. sovereign credit last week - due to concerns about that...
SINGAPORE: Credit markets turned shaky in Asia on Monday, with the cost of insuring against corporate and sovereign default higher as recession fears rippled across financial markets. The five-year credit default swap spread on the Markit Itraxx Asia ex-Japan index, comprising sovereign and company debt, rose about 26 basis points to its highest since August last...
SYDNEY: Major stock indexes plunged in Asia on Monday as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans, and investors bet the mounting risk of recession could see the Federal Reserve cutting rates as early as May. Futures markets moved swiftly to price in almost five quarter-point cuts in...
Metaplanet is set to distribute Bitcoin to shareholders through a lottery system, aimed at incentivizing participation in its new initiative with SBI VC Trade. Tokyo-listed firm Metaplanet has unveiled a new shareholder benefit program, offering Bitcoin btc-0.43%Bitcoin rewards through a lottery system as part of its collaboration with SBI VC Trade, a subsidiary of SBI Holdings. In an X post on...
The birthday of the historical Buddha or Shakyamuni Buddha, known as Vesak in several countries, celebrates the birth of the child who became Prince Siddhartha around the end of the 4th century B.C. This is a holy occasion for all Buddhists, but is celebrated on different dates depending on the school of Buddhism or country to...
PETALING JAYA: Malaysia ranks second in the list of Asia’s top five most friendliest countries, according to a survey rating by finance website, Insider Monkey. Scoring at 2.20 in the list, Malaysia is voted as the 15th friendliest country in the world. The rating also ranks Malaysia as the 16th most immigrant-friendly country in the world, with...
PETALING JAYA: Malaysia has demonstrated its prowess in the English language by ranking third in Asia, according to the 2023 EF English Proficiency Index (EF EPI). The Education First (EF) English Proficiency Index (EPI) is the largest international survey of adult English skills as it evaluates the English language proficiency of 2.2 million non-native English speakers...
BALIK PULAU: Malaysia will become a great nation in Asia if the Unity Government continues to govern the country for another five years, says Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also Finance Minister, said this confidence was based on the Unity Government’s track record of championing issues for various segments of Malaysian society...
On any given day in Thailand's Maya Bay, up to 40 blacktip reef sharks cruise in the cyan shallows while about 4,000 tourists visit its white-sand beach flanked by towering cliffs. Shark numbers have improved since almost every last one was driven from the bay by the influx of tour boats and tourists keen to see...
