Ringgit Expected To Strengthen Against US Dollar

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KUALA LUMPUR, Apr 15 – The ringgit is expected to strengthen against the US dollar next week, as sentiment for the greenback is expected to be influenced by geo-political tensions, a dealer said. Measures announced by Bank Negara Malaysia (BNM) to strengthen financial markets, including revising rules to allow investors to fully

PM Najib Launches JR Plus To Face GE 14

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KUALA LUMPUR, Apr 15 – Prime Minister Datuk Seri Najib Abdul Razak today launched Jentera Jalinan Rakyat Plus (JR Plus), which will function as a platform together with the Umno and Barisan Nasional (BN) election machineries in facing the 14th General Election (GE14). Najib, who was accompanied by his wife Datin

US Assessing ‘Military Options’ As North Korea Test Looms

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WASHINGTON, Apr 14 – The United States is assessing military options in response to North Korea’s weapons programs, a White House foreign policy advisor confirmed Friday, saying another provocative test was a question of “when” rather than “if.” As speculation mounted that Pyongyang is preparing to fire a trial nuke or missile

Najib: BN Ready For GE14

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KUALA LUMPUR, Apr 14 – Prime Minister Datuk Seri Najib Abdul Razak said the Barisan Nasional (BN) is ready for the 14th General Election (GE14) even if it is called earlier. Najib, who is also BN chairman and Umno president, said intensive preparations had been and were being carried out by Umno

KJ: Hishammuddin’s Appointment Gets Full Support From Cabinet

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PUTRAJAYA, Apr 14 – The appointment of Datuk Seri Hishammuddin Hussein as the Minister With Special Functions at the Prime Minister’s Department received full support from the cabinet ministers, said Youth and Sports Minister Khairy Jamaluddin. He said all cabinet ministers including Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi expressed

Unpredictable Trump Unsettles China As N. Korea Policy Wobbles

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BEIJING, Apr 14 – From Twitter threats to Tomahawk missiles, US president Donald Trump’s unorthodox and seemingly impulsive approach to foreign policy has unsettled China, piling new pressure on its hands-off North Korea policy. As tensions rise on the Korean peninsula, Beijing appears alarmed by Trump’s strident pronouncements as it tries to

Lawyers: Man Dragged Off United Flight Plans To Sue

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CHICAGO, Apr 14 – The man dragged off a United Airlines flight, sparking an international uproar, suffered a broken nose and concussion, his lawyer said Thursday, adding that he is planning to sue. David Dao was released from the hospital overnight and was at a “secure location,” attorney Thomas Demetrio said at

Report: Tensions High, N Korea Readies Nuclear Test

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WASHINGTON, Apr 13 – North Korea is ready to launch a nuclear test at its Punggye-ri Nuclear Test Site, the 38 North monitoring group reported this on Wednesday. The 38 North analysis group had described that the test site as “primed and ready.” “Commercial satellite imagery of North Korea’s Punggye-ri Nuclear Test

HCK Capital Replies To Bursa Query

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PETALING JAYA, Apr 13 – HCK Capital Group Bhd said the recent rise in its share price and trading volume could be due to its share split and rights issue exercises, after it was queried by Bursa Malaysia yesterday. Last week, HCK, which is involved in the property, food, technology and media

Hishammuddin Appointed As Minister With Special Functions

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KUALA LUMPUR, Apr 12 – The Minister With Special Functions at the Prime Minister’s Department was necessary due to the current landscape of the country, said Datuk Seri Hishammuddin Hussein. Hishammuddin, who was appointed by Prime Minister Datuk Seri Najib Abdul Razak to the portfolio yesterday said the position was a pro-active

Ringgit Closes Higher Against US Dollar

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KUALA LUMPUR, Apr 12 – The ringgit closed higher against the US dollar today as traders shifted their interests to Asian currencies, including the ringgit, on continued geopolitical tensions. At 6pm, the local unit stood at 4.4250/4300 against the greenback compared to 4.4310/4360 previously. A dealer said the greenback continued to remain

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