Malaysian PM pays last respect to Jiang Zemin

KUALA LUMPUR, Dec 6 (NNN-Bernama) — Malaysian Prime Minister Anwar Ibrahim paid his last respects to the late former Chinese president Jiang Zemin at the China Embassy, here Tuesday.  Anwar also signed the condolence book for the late Jiang Zemin and commended his achievements and contribution for playing an extraordinary…

Fukushima recovery efforts receive world recognition — Japan’s State Minister

FUKUSHIMA (Japan), Dec 6 (NNN-Bernama) — The reopening of J-Village, Japan’s first national training centre for football, is a testament to the continuing recovery efforts in Fukushima in the wake of the Great East Japan Earthquake in 2011. Japan’s State Minister for Reconstruction, Takeya Toshiko, said J-Village is a symbol of…

Bursa Malaysia opens lower, takes cue from Wall Street

KUALA LUMPUR, Dec 6 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, was slightly lower in early trade Tuesday, tracking the weak Wall Street performance overnight. At 9.28 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) inched down 0.56 of a point to 1,471.00 from Monday’s closing of…

Malaysian ringgit opens lower against US dollar amid strong US economic data

By Sharifah Pirdaus Syed Ali KUALA LUMPUR, Dec 6 (NNN-Bernama) — The Malaysian ringgit opened lower against the US dollar Tuesday as the greenback strengthened on the back of strong United States (US) economic data. At 9.02 am, the local note slipped to 4.3780/3830 against the US dollar from 4.3660/3715…

PETRONAS, ADNOC ink historic deal to explore unconventional onshore block in Abu Dhabi

KUALA LUMPUR, Dec 6 (NNN-Bernama) — PETRONAS Abu Dhabi Sdn Bhd, a wholly-owned subsidiary of PETRONAS, has inked a historic agreement with Abu Dhabi National Oil Company (ADNOC) to explore and appraise Unconventional Onshore Block 1 covering a 2,000-square km concession in the Al Dhafra region. This development is a red-letter day…

Axelsen, Yamaguchi named BWF male and female players of the year

BANGKOK, Dec 6 (NNN-Bernama) — Denmark’s Viktor Axelsen and Japan’s  Akane Yamaguchi were named male and female player of the year respectively by the Badminton World Federation (BWF) here Monday night. Olympic and world champion Axelsen and women’s world champion Yamaguchi were crowned the best players of 2022 in an awards ceremony, held…

IATA’s Geneva gathering to chart airline industry’s future

KUALA LUMPUR, Dec 5 (NNN-Bernama) — While the near-worldwide lifting of travel restrictions has brought relief to the aviation industry, airlines continue to see threats from inflation, the risk of recession, and foreign exchange volatility that could undermine their recovery process. Given these ‘uncertainties’, all eyes are set on the International Air Transport Association’s (IATA)…

Zhulian eyes expanding its markets in Asia

KOTA KINABALU (NNN-Malaysia), Dec 5 (Bernama) — Malaysia-based investment holding company, Zhulian Corporation Bhd, aims to expand its markets in Asia, starting with Laos, Myanmar, and Indonesia next year. Zhulian operation manager Ong Khan Farn said the company will also explore more international markets in the long run. “We are looking for business opportunities which…

Malaysian ringgit opens higher against US dollar on improving risk appetite

By Sharifah Pirdaus Syed Ali KUALA LUMPUR, Dec 5 (NNN-Bernama) — The Malaysian ringgit opened higher against the US dollar Monday as the greenback continued its retracement amid dovish United States (US) Federal Reserve (Fed) officials’ statements and increasing risk appetite, an analyst said. At 9.06 am, the local note…

Magnitude 6.4 quake hits Indonesia’s West Java

By Mohd Iswandi Kasan Anuar JAKARTA, Dec 3 (NNN-Bernama) — A 6.4-magnitude earthquake struck Garut in West Java province on Saturday, according to Indonesia’s Meteorology, Climatology and Geophysical Agency (BMKG). No tsunami warning was immediately issued, but BMKG warned the public to brace for possible aftershocks. The quake occurred at…