Bursa Malaysia opens lower amid cautious trading

KUALA LUMPUR, Jan 26 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, opened lower Thursday, trading in cautious mode following the lacklustre performance on Wall Street overnight.  In the United States (US), stocks ended flat overnight as investors assessed the latest batch of corporate results and ahead of the release of critical economic data,…

Malaysian ringgit extends gains against greenback at opening

By Kisho Kumari Sucedaram KUALA LUMPUR, Jan 26 (NNN-Bernama) — The Malaysian ringgit opened higher against the greenback for the third consecutive trading day on expectation that the US Federal Reserve’s Open Market Committee (FOMC) would downshift interest rate hikes from 50 basis points (bps) to 25 bps at its meeting next week, said an analyst.  At 9 am,…

PM Anwar hopes 24th Malaysia-Brunei ALC will finalise several matters of mutual interest

From Kamarul Ariffin Md Yassin BANDAR SERI BEGAWAN, Jan 25 (NNN-Bernama) — Malaysian Prime Minister Anwar Ibrahim hoped that the Malaysia Brunei Annual Leaders’ Consultation (ALC) this year will finalise several matters of mutual interest. He said this includes cooperation in the fields of youth and sports, Syariah judiciary, and education,…

Anwar-Sultan Hassanal Bolkiah personal ties will help expedite implementation of Malaysia-Brunei programmes

From Kamarul Ariffin Md Yassin BANDAR SERI BEGAWAN, Jan 25 (NNN-Bernama) — Malaysian Prime Minister Anwar Ibrahim believes that his personal ties with Sultan Hassanal Bolkiah will help expedite the implementation of the various plans and programmes involving Malaysia and Brunei. “When two country leaders have a very strong friendship…and have plans…

Singapore’s core inflation at 5.1 pct in December, averaged 4.1 pct for 2022

SINGAPORE, Jan 25 (NNN-Bernama) — Singapore’s core inflation came in at 5.1 per cent a year-on-year (y-o-y) basis in December, unchanged from November, according to the Monetary Authority of Singapore (MAS) and the republic’s Ministry of Trade and Industry (MTI). “Smaller price increases for retail and other goods and electricity and gas were offset by…

Top Pakistan politician Fawad Chaudhry arrested

By Shakir Husain NEW DELHI, Jan 25 (NNN-Bernama) — Pakistani police have arrested prominent politician Fawad Chaudhry, a leader of the Pakistan Tehreek-e-Insaf (PTI) and former federal minister. Fawad, who served as a minister under former prime minister Imran Khan, was arrested for “inciting violence against a constitutional institution”, Pakistani…

Malaysian PM granted an audience with Sultan of Brunei

From Kamarul Ariffin Md Yassin BANDAR SERI BEGAWAN, Jan 25 (NNN-Bernama) — Malaysian Prime Minister Anwar Ibrahim, who is on a two-day official visit to Brunei, was granted an audience with the Sultan of Brunei, Sultan Hassanal Bolkiah, at Istana Nurul Iman (the Sultan’s official residence), here Wednesday.  Anwar, who is accompanied…

Timor Leste could gain full ASEAN membership under Indonesia’s chairmanship — analysts

(rewording the sentence in para 3… ASEAN under Jakarta’s leadership…, and changing Timor Timur to Timor Leste in para 4 and 5) By Rosmalis Anuar KUALA LUMPUR, Jan 25 (Bernama) — After more than a decade of seeking full membership of the Association of Southeast Asian Nations (ASEAN), Timor Leste was finally, in…

Generating high-value carbon from oil palm waste

By Nurqalby Mohd Reda KUALA LUMPUR, Jan 25 (NNN-Bernama) – It is one thing to be a leading producer of palm oil but it is quite another thing to be a huge producer of oil palm waste which, if not managed sustainably, can be detrimental to the environment. Malaysia is the…

Bursa Malaysia opens marginally higher after long weekend

KUALA LUMPUR, Jan 25 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, opened marginally higher Wednesday after a long weekend due to the Chinese New Year holidays, trading cautiously, taking the cue from the United States (US) stocks which closed little changed on Tuesday. Investors are still digesting the Federal Reserve Bank…