Ringgit rises to 4.39 on weaker dollar, US trade uncertainty

KUALA LUMPUR: The ringgit opened stronger against the US dollar on Monday, touching the 4.39-level as uncertainty over US trade policy weighed on the greenback amid ongoing negotiations with Japan and the European Union. At 8 am, the local currency strengthened to 4.3955/4195 against the greenback from last Friday’s close of 4.4100/4175. Bank Muamalat Malaysia Bhd chief...

Child abduction by a parent: 22 cases of children taken out of Singapore between 2019 and 2024

SINGAPORE: When Jane’s (not her real name) former husband picked up her six-year-old son at her home in May 2024, she had little reason to believe the weekend visit would be any different from the past. Although the divorce was acrimonious, they stayed civil for their son’s sake. They have only one child. Jane, 35, was awarded...

‘No money’ claim by American commentator exposes his ignorance, says Anwar

PUTRAJAYA: The American political commentator who dismissed the value of Chinese President Xi Jinping's visit to South-East Asia only managed to expose his ignorance, says Datuk Seri Anwar Ibrahim. "This shows a trapped imperialist and colonialist mentality. Certainly, he has no understanding of Asia and Asean, including our latest developments," the Prime Minister told reporters after...

Backlash as Bill O’Reilly mocks Xi Jinping’s Asean visit

PETALING JAYA: Bill O'Reilly's recent comments mocking Chinese President Xi Jinping's visit to Asean countries have sparked backlash from netizens. His claim that "Malays aren't gonna buy your stuff as they don't have the money" drew criticism from Malaysians, who accused him of being uninformed. O'Reilly, once best known for The O’Reilly Factor on Fox News, left...

China ready to share rare earth processing technology with Malaysia

TAPAH: China is poised to share its rare earth processing technology with Malaysia, a move that could substantially enhance the commodity's value in the global market. Foreign Minister Datuk Seri Mohamad Hasan stated that rare earth processing not only boosts national revenue but also benefits state governments, as mineral resources fall under their respective jurisdictions. "President Xi...

Anwar says Malaysia committed to work with China, describes Xi as a ‘true friend’

PUTRAJAYA: Malaysia has expressed its commitment to work with China in various areas, including economy, trade and emerging technologies such as AI, says Datuk Seri Anwar Ibrahim. The Prime Minister, who referred to Chinese President Xi Jinping as a 'true friend', said he and the Cabinet warmly welcome Xi and his delegation to Malaysia. "We will work...

Setting the stage for the next 50 years

PETALING JAYA: Chinese President Xi Jinping’s three-day visit to Malaysia, starting today, marks a new strategic chapter for Malaysia-China relations, with key industry players hoping for stronger and deeper bilateral trade in high potential sectors that will mutually benefit both nations. Malaysia-China Friendship Association president Datuk Abdul Majid Ahmad Khan said the visit will be meaningful...

Lee Hsien Loong to attend state funeral of Tun Abdullah Ahmad Badawi

SINGAPORE: Senior Minister Lee Hsien Loong will attend the state funeral of former Malaysian prime minister Tun Abdullah Ahmad Badawi on April 15 in Kuala Lumpur, said the Singapore Prime Minister’s Office. SM Lee will be accompanied by his wife Ho Ching and officials from Singapore’s Ministry of Foreign Affairs. Tun Abdullah died on April 14, aged...

Interest rates unlikely to be cut

PETALING JAYA: If the 24% reciprocal tariff by the United States on Malaysia were to take effect in the near term, this will raise the chances of Bank Negara revising the benchmark lending rate – the overnight policy rate (OPR). Most experts, however, said the central bank is unlikely to lower the rates solely on tariffs...

Chinese president Xi to begin three-day state visit to Malaysia tomorrow

KUALA LUMPUR: Chinese President Xi Jinping will undertake a three-day state visit to Malaysia starting Tuesday (April 15). The Foreign Ministry (Wisma Putra) said the visit from April 15 to 17 is at the invitation of His Majesty Sultan Ibrahim, King of Malaysia. During his visit, Xi will be accorded a state welcoming ceremony, followed by an...