Bursa Malaysia up slightly in early trade

By Harizah Hanim Mohamed KUALA LUMPUR, Dec 12 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, stayed higher in early trade Tuesday after the FTSE Bursa Malaysia KLCI (FBM KLCI) ended at an intraday high on Monday due to last-minute buying support. At 9.12 am, the barometer index inched…

Malaysian PM Anwar respected and highly regarded in Southern Thailand – analyst

By Linda Khoo Hui Li BANGKOK, Dec 12 (NNN-Bernama) —  Malaysian Prime Minister Anwar Ibrahim is not a stranger among the Islamic community, especially in Southern Thailand, where the local population has high hopes for Anwar to help resolve conflicts and bring about peace in the area. According to Prince…

Malaysian ringgit opens higher amid cautious trade ahead of US data, cabinet reshuffiling

By Rosemarie Khoo KUALA LUMPUR, Dec 12 (NNN-Bernama) — The Malaysian ringgit opened higher against the US dollar Tuesday amid cautious trade as investors kept an eye on major developments, including the release of US inflation data and Malaysia’s Cabinet reshuffling. At 9 am, the ringgit strengthened to 4.6750/6800 versus…

Sulu claim: Malaysia wants Stampa to be jailed – Malaysian minister

KUALA LUMPUR, Dec 12 (NNN-Bernama) — Malaysia wants the Madrid Court to mete out a jail sentence on Gonzalo Stampa for allegedly committing contempt of court and repeatedly defying court orders annulling his appointment as an arbitrator in the Sulu dispute case. Minister in the Prime Minister’s Department (Law and…

Malaysian King expresses regret, disappointment over US veto of UNFC draft resolution on Gaza ceasefire

KUALA LUMPUR, Dec 11 (NNN-Bernama) — Malaysian King Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah on Monday expressed regret and disappointment over the United States’ (US) use of its veto power to reject the United Nations Security Council (UNSC) draft resolution urging a ceasefire between the Zionist Israeli regime and Palestine.…

Indonesian foreign minister raises alarm over dire healthcare crisis in Gaza

JAKARTA, Dec 11 (NNN-Bernama) — Indonesian Foreign Minister Retno Marsudi has expressed grave concerns about the healthcare situation in Gaza, shedding light on the alarming conditions faced by its residents. The minister mentioned that out of the 36 hospitals in the region, only 13 remain operational, strained at two to…

Airbus helicopters’ H160 gets approval to enter Malaysian skies

KUALA LUMPUR, Dec 11 (NNN-Bernama) — Airbus’ next generation twin-engine H160 has been granted type certification by the Civil Aviation Authority of Malaysia (CAAM), paving the way for the rotorcraft’s entry into the Malaysian market. Airbus Helicopters Malaysia managing director Axel de Pascal said the timely H160 certification underlines the…

Malaysia’s 7th richest man Chen Lip Keong passed away

KUALA LUMPUR, Dec 11 (NNN-Bernama) — Malaysia’s seventh richest man, Dr Chen Lip Keong has passed away at the age of 76 on Dec 8, 2023, due to an illness. His death was announced by Hong Kong-listed NagaCorp Ltd and Bursa Malaysia-listed FACB Industries Incorporated Bhd (FACB) Monday. Chen was…

Global economy, Malaysia traverse the challenges of 2023

By Zarul Effendi Razali KUALA LUMPUR, Dec 11 (NNN-Bernama) — This year has been a challenging one for both the global and Malaysian economies amid escalating geopolitical tensions and the persistent tightening of monetary policies to combat inflation, increasing the risk of a deeper worldwide economic slowdown. The situation has…

Bursa Malaysia opens lower but rebounds thereafter

By Karina Imran KUALA LUMPUR, Dec 11 (NNN-Bernama) — Bursa Malaysia opened slightly lower on Monday but subsequently rebounded as mild bargain-hunting emerged, interspersed with profit-taking activities amid Wall Street’s uptrend, said an analyst. At 9.15 am, FTSE Bursa Malaysia (FBM) KLCI rose 0.02 per cent or 0.30 points to…