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Germany, Japan seek economic cooperation

During their first-ever high-ministerial government meetings, held in the midst of concerns over global supply chains and the economic repercussions of the war in...

PETRONAS inks MoU with Philippines’ Phoenix Petroleum

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) and Phoenix Petroleum have agreed and signed a memorandum of understanding (MoU). To develop a collaboration in downstream...

ECB hawks press case for more rate hikes to fight inflation

Two prominent hawks on the European Central Bank’s (ECB) policymaking Governing Council predict that the bank will likely need to hike interest rates further....

Poland-Ukraine ties seen as a target of Russian disinformation

WARSAW, Poland: Days before Poland’s Independence Day in November, vandals painted the blue-and-yellow colors of the Ukrainian flag on monuments in Krakow. The vandalism,...

The US, EU sign data transfer deal to ease privacy concerns

BRUSSELS: The European Union and the United States made a breakthrough in their years-long battle over the privacy of data. That flows across the...

Asia’s US$350bil gas projects intensify the clean energy debate.

SINGAPORE: Asia is pumping billions of dollars into new gas infrastructure. Making the region pivotal in a debate over the role of fossil fuels...

TM, ZTE Malaysia team up to build hybrid cloud 5G core...

KUALA LUMPUR: To create a hybrid cloud 5G core network, Telekom Malaysia Bhd (TM) and ZTE (M) Corp Sdn Bhd have partnered. TM and...

SpaceX launches 3 visitors to the space station for $55M each

CAPE CANAVERAL, Florida USA: SpaceX launched three rich businessmen and their astronaut escorts to the International Space Station on Friday. For more than a...

Another pandemic? Fears grow as China reports case of Hantavirus

The English-language Chinese news outlet Global Times reported on Monday that a man in Yunnan, China died and tested positive for a hantavirus. This has...

High energy costs trigger unrest in parts of Europe.

MADRID Spain: High energy costs are stoking unrest in parts of Europe, with Spain deploying more than 23,000 police officers in cars and helicopters....

Ukraine war drives the US, EU deal to undercut Russian energy

BRUSSELS: With stunning speed, Russia’s war in Ukraine is driving Western Europe into the outstretched arms of the United States again. Especially apparent when...

Cyberattack in Ukraine war affected thousands across Europe.

A cyberattack targeting a satellite network used by Ukraine’s government and military agencies shortly after Russia’s invasion also knocked offline tens of thousands of...

Intel unveils $88B chipmaking expansion plan for Europe.

LONDON UK: U.S. chipmaker Intel unveiled plans on Tuesday to invest up to 80 billion euros ($88 billion) across Europe. As part of an...

Biden, Modi to speak as US presses for a hard line...

WILMINGTON USA: President Joe Biden is set to speak with Indian Prime Minister Narendra Modi as he presses world leaders to take a hard...

S&P downgrade indicates Russia headed for historic default

BOSTON USA: The credit rating agency Standard & Poor’s has downgraded its assessment of Russia’s ability to repay foreign debt. Signaling rising prospects that...

IAEA sends staff to all Ukraine nuclear plants in safety bid

KYIV, Ukraine: In order to lessen the chance of catastrophic mishaps while Russia’s war on Ukraine continues. The International Atomic Energy Agency has dispatched...

Trudeau reaches deal to keep his party in power till 2025

Toronto Canada: Prime Minister Justin Trudeau said his Liberal Party has reached an agreement with the opposition New Democratic Party. That would keep his...

US seeks tighter UN sanctions after N. Korea missile test

SEOUL, South Korea: The United States called for tougher U.N. sanctions after North Korea said it test-fired its biggest intercontinental ballistic missile to date....

Three nations to be largest sovereign sukuk issuers

KUALA LUMPUR: According to Moody’s Investors Service, Malaysia, Indonesia, and Turkiye will overtake Saudi Arabia. As the leading sovereign issuers in 2023–2024. Which had...

Amazon closes $8.5B deal to acquire Hollywood studio MGM.

Amazon announced it has closed its acquisition of Hollywood studio MGM. Two days after European regulators said the deal “would not significantly reduce competition”...

Bursa Malaysia announces 21 additions to F4GBM index constituents

KUALA LUMPUR: The FTSE4Good Bursa Malaysia (F4GBM) Index and the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index now has 98 constituents overall. After 21 fresh...

CIA director visits Kyiv, meets with Ukraine’s Zelenskyy

Washington, D.C. According to a U.S. official, Volodymyr Zelenskyy and CIA Director William Burns met in Kyiv last week. This was the most recent...

Crude oil prices stay muted in 1H amid altered oil flows...

Dated Brent prices are expected to remain relatively flat in the first half of 2023. On ample inventories despite persistent supply risks. With an...

Budget 2023 will be among the focus for the 15th Malaysian...

KUALA LUMPUR: Before Budget 2023, the first topic to be debate in the Parliament session will be important. The parliment debate under Prime Minister Datuk...

Europe bans Russian diesel, other oil products over Ukraine

FRANKFURT Germany: In an effort to reduce its reliance on Moscow for energy and as retaliation for its invasion of Ukraine. Europe put a...

Asia-Pacific leaders condemn war, renew calls for open trade

Bangkok, Thailand, Saturday, Nov. 19, 2022: Leaders from the Asia-Pacific region demanded an end to Russia's conflict with Ukraine and committed to guiding the...

Malaysia not going into recession, growth set to continue in 2023:...

Malaysia is unlikely to enter a recession this year. According to Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus, as strong domestic...

China accepts help from int’l experts as coronavirus worsens

The Chinese Government has finally agreed to receive assistance from the World Health Organization to combat the coronavirus that killed at least 900 people...

War censorship exposes Putin’s leaky internet controls

BOSTON: Long before waging war on Ukraine, President Vladimir Putin was working to make Russia’s internet a powerful tool of surveillance and social control...

UN chief: Don’t let Russia crisis fuel climate destruction.

BERLIN Germany: Countries scrambling to replace Russian oil, gas, and coal supplies with any available alternative. May fuel the world’s “mutually assured destruction” through...

European inflation soars to a record 7.5% on fuel, food costs.

LONDON: Inflation in Europe soared to another record, according to new EU figures released in a fresh sign. That rising energy prices fueled by...

UK inflation hits a 30-year high of 6.2% as Sunak readies...

LONDON UK: British inflation shot up faster than expected last month to hit a new 30-year high. Worsening a historic squeeze on household finances...

China investment will boost green economy in Malaysia, says biz leader

IPOH: According to a prominent member of the business community. Increased Chinese investment will aid Malaysia in its transition to low-carbon development. According to Datuk...

US forces returning to Philippines to counter China threats

More than 30 years after the closure of its sizable bases there, the US has been taking steps to rebuild its military power in...

War in Ukraine to hurt poor nations importing grain: UN warned.

ROME: U.N. food agency warned that Poorer countries in northern Africa, Asia, and the Middle East risk suffering significant food insecurity because of Russia’s...

Biden will travel to Europe for Ukraine talks: White House

WASHINGTON USA: — President Joe Biden will travel to Europe next week for face-to-face talks with European leaders about the Russian invasion of Ukraine,...

The US doubts the new Russian war chief can end Moscow’s...

WASHINGTON USA: Russia has tapped a new Ukraine war commander to take centralized control of the next phase of the battle. After its costly...

Quantum Computing Breakthrough: China’s Jiuzhang Performs AI Tasks 180 Million Times...

Jiuzhang, a quantum computing device developed by scientists in China, has achieved a significant breakthrough in the field of artificial intelligence. According to researchers,...

Bank Negara issues exposure draft on licensing and regulatory framework for...

Following the release of the discussion paper earlier this year. Bank Negara Malaysia (BNM) today released the exposure draft on the licensing and regulatory...

Malaysia exports rise 9.8% to RM204.99bil in Feb

KUALA LUMPUR: From the same month the year before, Malaysia’s exports increased by 11% to RM204.99 billion in February 2023. With both export and...

Finland, Sweden move ahead toward possible NATO membership

HELSINKI Finland: European Union nations Finland and Sweden reached important stages. On their way to possible NATO membership. As the Finnish government issued a...

International trade rises as commerce ministry lays out 2023 plans

Sorasak was speaking during the first of the two-day annual meeting of the ministry of trade. When officials discussed the accomplishments of the Cabinet-level...

Guyana OKs Exxon’s $10B Yellowtail offshore oil project.

GEORGETOWN, Guyana: Guyana’s government has granted permission for U.S. supermajor ExxonMobil to develop a fourth offshore oil and gas field. The company said it...

EU officials visit Kyiv as Russia strikes civilian target

KYIV, Ukraine: Leading representatives of the European Union arrived in Kyiv. For talks with Ukrainian authorities as rescue workers combed through the debris of...

Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...

KUALA LUMPUR: In 2022, Malaysia will have approved RM264.6 billion worth of investments. With the services sector taking the lion’s share of the market,...

UN to vote on suspending Russia from the rights council.

UNITED NATIONS: The U.N. General Assembly will vote on whether to suspend Russia from the U.N.’s premier human rights body. The move was initiated...

Asia stocks edge up despite global growth worries.

Hong Kong and China stocks helped up Asian shares despite mounting concerns about an impending economic slowdown and the speed at which the Federal...

Biden waiving the ethanol rule in a bid to lower gasoline...

MENLO, Iowa USA: With inflation at a 40-year high, President Joe Biden journeyed to corn-rich Iowa on Tuesday. To announce a modest step aimed...

EU eyes Russian officials, banks, industry for sanctions.

BRUSSELS: As part of a fresh wave of sanctions meant to increase pressure on Moscow over its involvement in the crisis in Ukraine. The...

The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.

BRUSSELS/WASHINGTON: The United States on Thursday imposed fresh sanctions on Russia. Targeting dozens of Russian defense companies. Hundreds of members of its parliament, and...

Indonesia’s Asean presidency to focus on economic growth, says senior minister...

Jakarta Indonesia: According to a senior economic minister, Indonesia’s leadership of Asean in 2023 will primarily be focus on fostering sustainable growth in the...

The US to seek Russia’s suspension from Human Rights Council.

BUCHAREST, Romania: The United States plans to seek a suspension of Russia from its seat on the U.N.’s top human rights body. Pointing to...

Hundreds Of thousands hit Pakistani streets to protest Imran Khan’s ouster

Pakistan: Huge rallies were held in cities across the South Asian country in favor of the ex-premier and against "foreign interference." A day after...

Arizona Gov. Ducey hails Taiwan semiconductor investment

TAIPEI, Taiwan: Arizona Gov. Doug Ducey on Thursday hailed economic and educational cooperation with Taiwan. Marked by a $12 billion investment in his state...

Malaysian banks’ loan growth to stay at 5-6% in 2023 on...

S&P Global Ratings anticipates that the Malaysian banking sector will continue to expand loans at a rate of 5% to 6% in 2023 as...

Activists stage global climate protest, slam Ukraine war.

Berlin Germany: Climate activists staged the 10th series of worldwide protests. To demand that leaders take stronger action against global warming. With some linking...

Hope fading as deaths in Turkey, Syria earthquake surpasses 15,000

Stretched rescue crews labored through the night in Turkey and Syria looking for signs of life. In the rubble of thousands of buildings that...

Japan, US hold navy drills off Koreas amid nuke test worry

TOKYO Japan: U.S. and Japanese warships, led by the USS Abraham Lincoln carrier strike group. Is conducting their joint naval exercise in waters between...

Snowstorms hit Afghanistan, Pakistan killing 54 people

At least 54 people were reported dead due to the severe weather that struck some parts of Afghanistan and Pakistan. The authorities said that the death...

Germany seeks to boost renewable energy and cut Russian imports.

BERLIN Germany: The German government unveiled a major package of reforms. To boost the production of renewable power, and meet its climate goals. And...

South Korea chip inventory climbs the fastest in 27 years

In January, South Korea’s semiconductor inventory increased at its quickest rate in in 27 years. Highlighting a protracted tech recession that is holding back...

World Bank official says war-driven oil price hikes to slash growth...

WASHINGTON: Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth of large oil-importing developing...

IBM partners with new chipmaker Rapidus to make up lost ground

TOKYO: IBM Corp. claims that it is collaborating with Rapidus a recently established chipmaker sponsored by the Japanese government. To assist it to produce...

EU slams ‘war crimes’ in Ukraine but new sanctions unlikely

BRUSSELS Belgium: European Union countries accused the Russian armed forces of committing war crimes in Ukraine. But appeared unlikely to impose new sanctions on...

Europe agrees to ban Russian coal but struggles with oil, gas

The European Union nations have agreed to ban Russian coal the first sanctions on the vital energy industry over the war in Ukraine. But...

Greenhouse gas emissions rose in Rhode Island.

While Rhode Island is trying to reduce greenhouse gas emissions and set an example for other states environmental officials said Friday that emissions were...

UN assembly suspends Russia from top human rights body

UNITED NATIONS: The U.N. General Assembly voted to suspend Russia from the world organization’s leading human rights body. Over allegations of horrific rights violations...

Volcano eruption won’t hit Philippines GDP, says Economist

The National Economic and Development Authority (NEDA) of the Philippines said that the economic impact of Taal Volcano’s eruption does not pose a significant slowdown...

China’s new coronavirus hits global markets

"The cost to the global economy can be quite staggering in negative GDP terms if this outbreak reaches epidemic proportions." Thus, said Stephen Innes, an...

Vietnam lures US$3.1 billion in FDI in first two months of...

In the first two months of 2023, Vietnam committed $3.1 billion in total foreign direct investment. This is a 38% decrease from the same...

KLCI falls as investors take profit, ringgit at 4.4760

On Friday, the Ringgit increased its advances and reached a three-month high. At 5 pm, the local currency was trading at 4.4760, up 0.43%...

Filipinos raise concerns over ‘enhanced community quarantine’ amid coronavirus

Philippine President Rodrigo Duterte intensified the government’s efforts to contain the coronavirus outbreak by placing the entire Luzon island under “enhanced community quarantine” effective...

Global semiconductor equipment sales to hit record US$108.5bil this year

PETALING JAYA: The Semiconductor Equipment Manufacturers Industry, based in the US. Predicts that global sales of all semiconductor manufacturing equipment by original equipment manufacturers...

Biden pledges new Ukraine aid warns Russia on chemical weapons.

BRUSSELS Belgium: President Joe Biden and Western allies pledged new sanctions and humanitarian aid. In response to Vladimir Putin’s assault on Ukraine. But their...

Asia stocks extend losses as Ukraine war, China’s covid-19 surge hit...

SYDNEY: Asian stocks were in the red on Tuesday as surging COVID-19 cases in China hit the confidence of investors. Who is already worried...

Fire and Rain: West to get more one-two extreme climate hits.

The one-two punch of nasty wildfires followed by heavy downpours triggering flooding and mudslides will strike the U.S. West far more often in a...

Asian shares rise ahead of Fed decision on rate hike

TOKYO Japan: Asian shares rose as investors awaited a widely anticipated decision by the U.S. Federal Reserve on interest rate policy. Japan’s benchmark Nikkei 225...

EU approves new sanctions against Russia over Ukraine war

BRUSSELS: The European Union announced on Thursday that it had agreed on a fresh round of sanctions meant to increase the pressure on Russia...

Biden approves $800M in new military assistance for Ukraine

WASHINGTON USA: In anticipation of a new Russian offensive in eastern Ukraine, President Joe Biden approved an $800 million package of military assistance. Including...

Council of Europe expels Russia from human rights body.

STRASBOURG, France: The Council of Europe on Wednesday expelled Russia from the continent’s foremost human rights body in an unprecedented move over Moscow’s invasion...

Congress votes to suspend Russia’s trade status, enact an oil ban

WASHINGTON USA: Congress voted overwhelmingly to suspend normal trade relations with Russia and ban the importation of its oil. Ratcheting up the U.S. response...

Biden bans Russian oil, warns of higher prices at US pumps.

WASHINGTON: President Joe Biden announced that the U.S. will ban all Russian oil imports. Toughening the toll on Russia’s economy in retaliation for its...

WHO says 99% of the world’s population breathes poor-quality air.

GENEVA Switzerland: The U.N. health agency says nearly everybody in the world breathes air that doesn’t meet its standards for air quality. Calling for...

Singapore bank stocks hit by Credit Suisse crisis

SINGAPORE: Local bank stocks fell when the market started yesterday morning. Due to concerns that the crisis enveloping Switzerland’s second-largest bank and a succession...

UK regulator revokes license of Russia-backed broadcaster RT.

LONDON UK: Britain’s communications regulator revoked the license of the state-funded Russian broadcaster RT amid concern that its coverage of the war in Ukraine...

Malaysia Banks to be held up by resilient earnings

PETALING JAYA: As investors seek refuge in better yielding stocks amid recessionary fears, banks may notice an increase in interest. Despite the fact that financial...

Zelenskyy evokes Holocaust as he appeals to Israel for aid.

JERUSALEM Israel: Ukraine’s president called on Israel to take a stronger stand against Russia. Delivering an emotional appeal that compared Russia’s invasion of his...

The U.S. reinstates 352 product exclusions from China tariffs.

WASHINGTON USA: The U.S. Trade Representative's office said on Wednesday it has reinstated 352 expired product exclusions from U.S. "Section 301" tariffs on Chinese...

Thailand weeps for 29 people killed in mass shooting

Thousands of Thais attended a vigil on Sunday for the 29 people who were shot dead by a rogue soldier over the weekend. Held at...

EU to mobilise RM47bil for Asean investments

PETALING JAYA: The European Union (EU) and its member states have announced a mobilization of €10 billion (US$10.59 billion or RM47.04 billion). As part...

Malaysia consumer sector expected to remain robust

PETALING JAYA: The consumer sector will continue to grow well, Due to strong domestic demand and supply chain enhancements. That will make restocking operations...

Boris Johnson: Russian win would bring ‘age of intimidation’

LONDON UK: British Prime Minister Boris Johnson said that Russia’s invasion of Ukraine was a “turning point for the world.” Arguing that a victory...

Boustead Plantations expects continued volatility in palm oil prices

KUALA LUMPUR: Boustead Plantations Bhd stated that due to high stock levels in Malaysia and Indonesia, palm oil prices are projected to be highly...

Asian FX, stocks rise as strong U.S. GDP data aids risk...

The Philippine Peso and the Malaysian Ringgit led advances among Asian currencies on Friday. As overnight data revealed the U.S. economy’s resiliency, increasing investor...

IMF set to provide $2.9 billion to help crisis-hit Sri Lanka

COLOMBO, Sri Lanka: The International Monetary Fund has reached a preliminary agreement to provide Sri Lanka with $2.9 billion, over four years to help...

The US hits Russia with ‘war crimes’ sanctions, Europe following.

WASHINGTON USA: The U.S. rolled out a new wave of financial sanctions on Wednesday against Russia. That President Joe Biden said would place a...

China declines virus assistance from US, Taiwan

The United States Government said China has not yet accepted the offer of assistance of Trump’s administration to combat the coronavirus. America has repeatedly offered to...

Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...

HONG Kong:Despite predicting a loss of between HK$6.40 billion (US$817.18 million) and HK$7.00 billion for the fiscal year 2022, Cathay Pacific Airways Ltd. underlined...

Sports world mourns sudden death of Kobe Bryant

Athletes of different sports across the globe mourn the tragic death of NBA legend Kobe Bryant. He and his daughter Gianna were among the nine people killed in a helicopter crash in Calabasas, California, on Sunday. Kobe was 41 while Gianna was 13. Media reports said that basketball courts in Denver and San Antonio were […]

Malaysian banks rating intact despite US bank failures – RAM Ratings

The bankruptcy of the Silicon Valley Bank (SVB) and two other smaller banks last week has little bearing on the ratings of Malaysian institutions,...

Animal rescue groups save afflicted species in PH’s Volcano eruption

Animal welfare organizations such as the Philippine Animal Welfare Society (PAWS), People for the Ethical Treatment of Animals (PETA) Asia and Guardians of the...

3 Filipino church leaders accused of fraud and trafficking in US

Three top administrators of a Philippine-based church were indicted by an American federal grand jury for alleged immigration fraud and labor trafficking. Guia Cabactulan, Marissa...

Food prices soar to record levels on Ukraine war disruptions

ROME ITALY: Prices for food commodities like grains and vegetable oils reached their highest levels. Everlast month largely because of Russia’s war in Ukraine...

Lithuania cuts off Russian gas imports and urges the EU to...

VILNIUS, Lithuania: Lithuania says it has cut itself off entirely from gas imports from Russia. Apparently becoming the first of the European Union’s 27...

Ukrainian forces retake areas near Kyiv amid fear of traps.

KYIV, Ukraine: Ukrainian troops moved cautiously to retake territory north of the country’s capital on Saturday using cables. To pull the bodies of civilians...

Ukraine accuses Russia of the massacre, a city strewn with bodies.

BUCHA, Ukraine: Bodies with bound hands, close-range gunshot wounds, and signs of torture lay scattered in a city on the outskirts of Kyiv. After...

Wins for pro-Putin leaders buttress autocracies in Europe.

BUDAPEST, Hungary: After two nationalist European strongmen won overwhelming victories in elections on Sunday. One of the first foreign leaders to congratulate both were...

EV-related stocks advance after Tesla gets approval to import electric vehicles...

KUALA LUMPUR: Following the Ministry of International Trade and Industry’s (Miti) approval of Tesla’s application to import battery electric vehicles (BEVs) into Malaysia. The...

US accuses Russia of endangering nuclear arms control treaty

Washington, D.C. The Biden administration asserted on Tuesday that Russia’s refusal to permit the restart of on-the-ground inspections poses a threat. To the New...

Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine.

WASHINGTON USA: President Joe Biden set out to finally complete the “pivot to Asia.” A long-sought adjustment of U.S. foreign policy to better reflect...

Tens of thousands protest in Berlin against the war in Ukraine

BERLIN, March 13: Up to 30,000 men, women, and children joined an anti-war demonstration in central Berlin on Sunday, with many waving Ukrainian flags...

Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul

KUALA LUMPUR: According to Tengku Datuk Seri Zafrul Abdul Aziz, Minister of International Trade and Industry, Chile's decision to ratify the Comprehensive and Progressive...

Experts blame China for uncontrolled rise in coronavirus deaths

The coronavirus death toll and diagnoses continue to increase daily, and experts say that this is fueled by China’s lack of control measures, suppression of...

Biased party-line votes lead Trump’s bogus impeachment

In a last-ditch effort, outgoing Democrat congressmen voted to embarrass the United States of America and its people with the bogus impeachment of President...

Chinese city put on lockdown as coronavirus death toll rises

The Chinese government on January 23 ordered to put Wuhan City on lockdown to prevent the spread of the novel coronavirus (nCov). Wuhan City, which has an 11 million population, is at the center of the SARS-like virus that killed more than a dozen of Chinese citizens and has infected hundreds of people not only […]

WHO urges Asia to strengthen infection preparation as SARS-like virus spread

The World Health Organization suggested that Asia has to step up its measures for infection prevention and control following reports of a China virus outbreak. Media...

EU and UK hit Russia with wider sanctions that target luxury

BRUSSELS Belgium: EU and UK hit Russia with more sanctions this time victim is Pure-bred horses, truffles, a soccer club owner, and a media...

Ukraine war imperils wheat, but farmers are in no rush to...

DUBAI, United Arab Emirates: Worldwide, farmers like are weighing whether to change their planting patterns and grow more wheat this spring. As the war...

Malaysian economy relatively resilient in 2023, says ICAEW

PETALING JAYA: The Institute of Chartered Accountants in England and Wales forecasts a bleak start for Asian economies in 2023. But it won’t last...

Uninfected passengers disembark from virus-hit ship in Japan

Around 500 passengers of the cruise ship Diamond Princess who tested negative and showed no symptoms of coronavirus infection were allowed to leave on Wednesday. They were...

Ukraine reports 300 dead in airstrike on Mariupol theater

KYIV, Ukraine: About 300 people were killed in the Russian airstrike last week on a Mariupol theater that was being used as a shelter....

Singapore core inflation cools while acceleration risks loom

SINGAPORE: Core inflation in Singapore cooled slightly last month. But is expected to pick up further in the near term, setting the stage for...

WHO rejects Chinese researchers’ suggestion to prolong virus incubation period

The World Health Organization (WHO) clarified that there will be no change in its recommendation of the 14-day quarantine period for the novel coronavirus...

Malaysian fugitive Jho Low spotted in virus-hit Wuhan

The fugitive Malaysian financier Low Taek Jho, commonly known as Jho Low, was recently spotted in the coronavirus-center Chinese city according to Malaysian authorities. “Previously, we did receive intelligence that he was active in Wuhan,” said Inspector-General of Police Abdul Hamid Bador. Low is wanted for his huge role in a massive graft scandal, siphoning […]

New China-Laos-Thailand train builds efficiency for China and Asean trade

BEIJING: The China-Laos Railway’s extension, the round-trip China-Laos-Thailand train, was successfully launched. Trade between China and Asean members is anticipated to gain new momentum thanks...

Russian space chief: Sanctions could imperil space station.

MOSCOW: The head of Russia’s space program said that the future of the International Space Station hangs in the balance. After the United States,...

Pakistan Prime Minister Imran Khan protests to the U.S. about alleged...

ISLAMABAD, Pakistan: Pakistan Prime Minister Imran Khan said his government handed an official protest to the U.S. embassy on Friday over what it called...

Philippine government releases list of coronavirus-related travel bans affecting the country

As the number of confirmed coronavirus cases in the Philippines continues to rise, the national government has reiterated the travel restrictions it has imposed...

Oil prices climb after Opec+ keeps output cut targets, China eases...

As a result of OPEC+ countries maintaining their output objectives in advance of a European Union ban. The start of a price restriction on...

Silicon Valley Bank SVB run exposes rifts in venture capital world

SAN FRANCISCO: The failure of Silicon Valley Bank (SVB) has exposed differences within the typically close-knit venture capital (VC) industry. With some investors blaming...

New Russian offensive underway in Ukraine, says NATO

KYIV: Days before the first anniversary of Moscow’s invasion heavy artillery bombardment was being directed at the eastern Ukrainian city of Bakhmut. As the...

Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil...

Days after its former subsidiary Silicon Valley Bank (SVB) was taken over by US regulators. SVB Financial Group announced on Friday that it had...

Malaysia’s total trade up 8.6% to RM236bil in December 2022

Malaysia’s total trade for December 2022 amounted to RM236.0 billion. An increase of 8.6 per cent year-on-year (y-o-y). With exports rising 6.0 per cent...

Malaysians brace for economic and social impacts of lockdown

In Malaysia, more than 32 million people will be confined to their homes beginning March 18 as the government’s nationwide lockdown takes effect following...

Russians shift focus from Kyiv, scaling back goals in war?

WASHINGTON USA: Russian forces in Ukraine seem to have shifted their focus from a ground offensive aimed at Kyiv the capital. Instead, prioritize what...

Secret intelligence has an unusually public role in the Ukraine war.

LONDON UK: The war in Ukraine is the conflict where spies came in from the cold and took center stage. Since Russia invaded its neighbor...

MBSB Bank, Prec ink pact to drive cashless business transactions among...

PKNS Real Estate Sdn Bhd (Prec) and MBSB Bank Bhd (MBSB) have signed a memorandum of understanding (MoU) to work together. To promote cashless...

NATO planes to be sent to Romania to eye Russian activity

Romania’s BUCHAREST: NATO announced that it would send three surveillance aircraft to Romania the next week. The purpose is to conduct reconnaissance flights and...

Over 300 tourists in Aklan, Philippines already sent back to Wuhan,...

Philippine authorities said some 314 Chinese tourists in Kalibo, Aklan have been forcibly repatriated to novel coronavirus (nCov)-stricken Wuhan, China as of January 26. They are among the 500 passengers who left Wuhan and were bound for Boracay before the total lockdown was imposed by the Chinese government. Despite originally scheduled to return to China […]

Maybank introduces financing solution for EV, hybrid users

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has unveiled a groundbreaking integrated auto finance solution that addresses all facets of owning an electric vehicle (EV)...

Philippines cancels flights due to Taal Volcano eruption

Philippines’ Taal Volcano, located near its capital city Manila, erupted Sunday afternoon, forcing airline companies to cancel several flights. The Ninoy Aquino International Airport (NAIA) stopped...

Russia’s invasion drives NATO rethink of Europe force stance.

Brussels, Belgium: In an underground archive below NATO’s headquarters lies a key document. That sets out the vision of both NATO and Russia about...

NATO, in Arctic training drills, faces up to Putin’s ‘unpredictable’ Russia.

BARDUFOSS, Norway: NATO must face a Russian adversary that is more unpredictable and ready to take greater risks to project power in Europe. A...

Malaysia’s palm oil stocks slide 6.56% in Feb

KUALA LUMPUR: The Malaysian Palm Oil Board reported that the country’s overall palm oil stockpiles decreased by 6.56% to 2.11 million tonnes in February...

Poland to end Russian oil imports; Germany warns on gas.

WARSAW, Poland: Poland announced steps to end all Russian oil imports by year’s end. While Germany issued a warning about natural gas levels and...

Police focus on van renter in Brooklyn subway shooting probe

NEW YORK USA: A gunman wearing a gas mask set off smoke grenades and fired a barrage of bullets inside a rush-hour subway train...

Public and private sectors in PH join forces to send aid...

Philippines’ President Rodrigo Duterte has ordered all government agencies including the Armed Forces of the Philippines, Department of Energy, Department of Health and Department...

Retail loan growth likely to remain strong

PETALING JAYA: Despite waning sectoral tailwinds, banking stocks are still regarded as “safe” investments. In the face of potential economic difficulties. “The banking industry can...

New rules for companies on climate risks proposed by SEC

WASHINGTON USA: Companies would be required to disclose the greenhouse gas emissions they produce. And how climate risk affects their business under new rules...

Russian airstrike hits base in western Ukraine kills 35 several injured.

LVIV, Ukraine:  Ukrainian authorities said Russian missiles pounded a military training base near Ukraine’s western border with NATO member Poland, killing 35 people. The...

Russian strikes hit western Ukraine as offensive widens

LVIV, Ukraine: Russia widened its military offensive in Ukraine on Friday, striking airfields in the west and an industrial city in the east. A...

National leaders say Iranian missile struck down Ukraine Int’l flight

The Prime Ministers of Canada, United Kingdom and Australia have similarly affirmed that an Iranian surface-to-air missile shot down the Ukrainian jetliner that crashed...

Poland orders expulsion of 45 Russians suspected of spying.

WARSAW, Poland: Poland ordered the expulsion of 45 Russians whom the government identified as intelligence officers. Using their diplomatic status as cover to operate...

PH seismology bureau warns of volcanic tsunami if Taal’s intensity raised...

The Philippine Institute of Volcanology and Seismology (Phivolcs) said Monday morning that the Taal volcano could bring a “volcanic tsunami” if activities escalate. ...

Refugee exodus reaches 2.8 million as Russian strikes hit west Ukraine

KRAKOW, Poland/ISACCEA, Romania: Thousands of people crossed into eastern Europe after Russia attacked a Ukrainian base near the border with NATO-member Poland. The number of...

Russia-Ukraine war in the world’s ‘breadbasket’ threatens food supply.

BARCELONA, Spain: The Russian tanks and missiles besieging Ukraine are threatening the food supply and livelihoods of people in Europe, Africa, and Asia. Who...

President Trump boasts US’ investment boom in Ohio rally

Speaking in front of thousands of supporters during a campaign rally held Thursday night in Toledo, Ohio, US President Donald Trump shared that his...

Russian stock market, crushed by war, will partially reopen

NEW YORK USA: Russia plans to reopen its stock market for limited trading. Nearly one month after shares plunged and the exchange was shut...

Putin wants ‘unfriendly countries’ to pay rubles for gas.

MOSCOW Russia: President Vladimir Putin announced that Russia will demand that “unfriendly″ countries pay for Russian natural gas exports only in rubles from now...

Missing Taiwan military official confirmed dead in helicopter crash

Taiwan’s Air Force General Shen Yi-ming and seven other defense officials were confirmed dead after their helicopter crashed in a mountainous part of Taipei due to...

Mariupol’s dead put at 5,000 as Ukraine braces in the east.

ANDRIIVKA, Ukraine: The mayor of the besieged port city of Mariupol put the number of civilians killed there at more than 5,000. As Ukraine...

New coronavirus surpasses SARS death toll; experts reiterate prevention tips

At least 1,016 people in mainland China were reportedly killed by the novel coronavirus as of February 11. The figures clearly show that nCov...

RHB Bank on course to meet KPI targets

Despite the difficult operating environment, RHB Bank Bhd is on pace to achieve the majority of its key performance indicator (KPI) targets for the...

‘No city anymore’: Mariupol survivors take train to safety.

LVIV, Ukraine: The heat on the train was as thick as the anxiety. Ukrainian survivors of one of the most brutal sieges in modern...

Power plants in areas affected by Ph’s volcano eruption continue to...

First Gen Corp announced that it has maintained operations in its four power plants in Batangas, Philippines despite the eruption of the Taal Volcano,...

‘No mercy’: Mariupol bombing compared to Nazi war crimes.

MEDYKA, Poland: The president of Poland compared Russia’s attacks on Ukraine to Nazi forces during World War II. Saying that besieged Mariupol looks like...

Philippines recorded first virus death outside China

The first confirmed fatality outside China from the novel coronavirus has been recorded in the Philippines. According to the country’s Health Department, a 44-year old...

Mitsubishi denies alleged use of emission defeat devices

Japanese auto giant Mitsubishi Motors Corp defended that it had not committed fraud and used illegal defeat devices in its diesel engines. This after German...

Philippines’ credit rating gets upgrade due to “strong economy”

American credit watcher Fitch Ratings was impressed with the “very strong” macroeconomic story of the Philippines and gave it an upgraded outlook. The Philippines is...

Philippines declares health emergency, cancels public events amid coronavirus

Philippine President Rodrigo Duterte declared a “state of public health emergency” on Monday as the Coronavirus Disease 2019 (COVID-19) started spreading in the country’s...

Russia faces global outrage over bodies in Ukraine’s streets.

BUCHA, Ukraine: Moscow faced global revulsion and accusations of war crimes. After Russian pullout from the outskirts of Kyiv revealed streets strewn with corpses...

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