Heavy Snow Warning Issued Across Central S. Korea

SEOUL, Jan 26 (NNN-YONHAP) – A heavy snow advisory was issued today across the central regions of South Korea, leading to flight cancellations and frozen water meters. The warning for heavy snowfall came into effect in the capital, Seoul, its surrounding Gyeonggi province, the western port city of Incheon, the…

Tens Of Thousands Rally To Protest Against Australia Day

MELBOURNE, Jan 26 (NNN-AAP) – Tens of thousands of people attended “Invasion Day” rallies, held across Australia’s major cities, calling for changing or abolishing the date, as the country celebrates its national holiday, Australia Day. In Melbourne, a large crowd assembled outside the state’s Parliament House this morning, holding placards…

Malaysia, Indonesia to discuss CPO benchmark pricing

PUTRAJAYA (Malaysia), Jan 26 (NNN-Bernama) — Malaysia will hold a meeting with the Indonesian government to discuss the republic’s intention to have its own crude palm oil (CPO) benchmark price, said Deputy Prime Minister and Minister of Plantation and Commodities Fadillah Yusof. He said the matter needs to be discussed jointly…

10 Malaysian firms to participate in Arab Health 2023

KUALA LUMPUR, Jan 26 (NNN-Bernama) — Ten Malaysian medical device and pharmaceutical companies will participate in the Arab Health 2023 medical expo in Dubai, United Arab Emirates (UAE), from Jan 30 to Feb 2, 2023. The Malaysia External Trade Development Corporation (MATRADE) said it is organising the participation of these companies, which include KPJ Healthcare Bhd and UEM Edgenta…

Thousands evacuated as floods worsen in Malaysia

KUALA LUMPUR, Jan 26 (NNN-Bernama) — The floods in Malaysia’s states of Sabah, Johor and Pahang worsened Thursday morning, sending more people to relief centres with Sarawak being the latest state to be hit by the disaster. The Meteorological Department has forecast continuous rain in several districts in Sabah, as well…

Indonesia Masters: Malaysia’s Zii Jia advances to second round

KUALA LUMPUR, Jan 26 (NNN-Bernama) — Malaysia’s top men’s singles shuttler Lee Zii Jia began his Indonesia Masters campaign with a win over Lin Chun Yi of Taiwan at the Istora Senayan, Jakarta early Thursday.  The world number four took 41 minutes to dispose of the Taiwanese shuttler 21-18, 21-17 in the first round.  Zii Jia will meet Angus Ng Ka Long of Hong Kong in…

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,…

Global Economy Projected To Grow 1.9 Percent In 2023: UN Report

UNITED NATIONS, Jan 26 (NNN-XINHUA) – World output growth is projected to decelerate from an estimated 3.0 percent in 2022, to 1.9 percent in 2023, marking one of the lowest growth rates in recent decades, according to a UN report launched yesterday. The UN World Economic Situation and Prospects 2023…

Thailand’s Central Bank Raised Key Policy Rate As Economy Recovers

BANGKOK, Jan 26 (NNN-TNA) – Thailand’s central bank, yesterday, decided to raise its key policy rate for the fourth consecutive time, by 25 basis points, in an effort to curb high inflation and support economic recovery. The Bank of Thailand monetary policy committee voted unanimously, to raise the policy rate…
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