Malaysia calling for cooler heads in Middle East, says Defence Minister

KOTA TINGGI: Malaysia is calling for cooler heads to prevail in the Middle East following rising tensions between Iran and Israel. Defence Minister Datuk Seri Mohamed Khaled Nordin said the Malaysian government was giving full attention to current developments in the Middle East. "The government has made its stand known and is pushing for the situation there...

Malaysia closely monitoring situation in West Asia, reiterates call for all parties to exercise restraint

PUTRAJAYA: Malaysia is closely monitoring the situation in West Asia and reiterates its call for all parties to exercise restraint and to continue to engage diplomatically, said the Wisma Putra on Friday. Wisma Putra, in a statement advises all Malaysians in or travelling to the region to exercise high precaution. "The Foreign Ministry advises all Malaysians in...

Iran’s drone attack on Israel a legitimate act, says PM

KUALA LUMPUR: Iran's use of drones to respond to Israel's attack of its embassy in Damascus, Syria was a legitimate act, says Prime Minister Anwar Ibrahim. He added that Putrajaya welcomed assurances from Iran that its response would be the extent of their action, provided there were no further provocations by Israel. "We join all of the...

Iran drone attack ripples through crypto markets, Bitcoin plunges 8%

After Iran’s April 13 drone attack on Israel, the crypto market reacted; Bitcoin (BTC) dropped more than 8% from its value to trade at $61,514. The latest correction marked the continuation of a trend that started on April 12 and worsened the next day. Analysts estimate the crypto market liquidated more than $860 million in assets over two days;...

Iran-Israel conflict brings bear market, SEC to sue Uniswap, Bankman-Fried plans appeal | Weekly Recap

The unfolding conflict between Iran and Israel contributed to a collapse in crypto prices on Sunday, April 14. Last week, the Securities and Exchange Commission sent a Wells Notice to Uniswap, declaring intentions to sue the exchange amid increased regulatory efforts. Meanwhile, FTX founder Sam Bankman-Fried seeks to appeal his sentencing. The calm before the storm The...

Top UN court stops short of ordering ceasefire in Gaza and demands Israel contain deaths

THE HAGUE, Netherlands (AP): The United Nations' top court stopped short on Friday (Jan 26) of ordering a ceasefire in Gaza in a case accusing Israel of genocide in the tiny coastal enclave, but demanded that Israel try to limit deaths and damage caused by its military offensive there. South Africa brought the case, which goes...

Israel-Palestine: Anwar urges Germany to use influence to press for ceasefire

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim on Friday urged Germany to use its influence to press for a ceasefire in the Israel-Palestine conflict and to allow humanitarian access. He conveyed this stance to German Foreign Minister Annalena Baerbock during her courtesy call on him at Perdana Putra in Putrajaya. ALSO READ: Anwar conveys to Germany Malaysia's...

McDonald’s seeking RM6m in damages from boycott advocates

A group advocating for boycotts against major international brands in response to the Israeli invasion of Gaza is facing an RM6 million claim for damages suffered by fast food chain McDonald’s. Gerbang Alaf Restaurants Sdn Bhd (GAR), the franchise owner of McDonald’s in Malaysia, was claiming the sum for revenue loss (RM3 million), compensation for employees...

Port ban a firm, bold stance against Israel, say academics

KUALA LUMPUR: The government's decision to ban Israeli-owned ships from entering Malaysia is a bold and firm stance to put pressure on the regime to stop its humanitarian crimes against Palestinians. Describing the decision as a reflection of the country's spirit and courage, the director of Hashim Sani Centre for Palestine Studies, Universiti Malaya, Assoc Prof...

Israeli ship slated to dock in Port Klang on Dec 26 will be turned away, says Loke

PETALING JAYA: A vessel from Israeli cargo shipping company Zim Integrated Shipping Services Ltd (Zim) will not be allowed to dock in the Malaysian port, says Anthony Loke (pic). It was initially slated to arrive at Port Klang on Dec 26 The Transport Minister’s statement came in the heels of Prime Minister Datuk Seri Anwar Ibrahim’s statement...