LONDON, Jun 24 – The Bank of England will take “all necessary steps” to ensure monetary and financial stability after Britain’s decision to leave the European Union, it said Friday (June 24). It in a brief statement following Thursday’s referendum vote said the Bank of England (BoE) is monitoring developments closely.
BRUSSELS, Jun 24 – Britain will remain a strong ally and continue to play a leading role in NATO despite its vote to leave the European Union, alliance head Jens Stoltenberg said on Friday (June 24). Mr Stoltenberg in a statement said the UK will remain a strong and committed NATO ally
KUALA LUMPUR, Jun 24 – The Umno supreme council has unanimously decided to sack former deputy president Muhyiddin Yassin and former Kedah menteri besar Mukhriz Mahathir from the party. Umno president Datuk Seri Najib Tun Razak said the unanimous decision, by the supreme council here on Friday, was taken as the duo
LONDON, Jun 24 – Business leaders have called for the government to take “immediate and unambiguous” action to shore up Britain’s economy after the country voted to leave the European Union. Representatives of Britain’s biggest businesses said the government needed to guarantee that EU citizens have the right to remain in the
BEIJING, Jun 24 – Poly Group, one of China’s leading state-owned trading and real-estate conglomerates, invested a total of 400 mm USD in Didi Chuxing, China’s largest rideshare platform through a joint venture fund. The investment translates into a shareholding close to 1.45%, bringing Didi’s valuation to above USD 27.6
LONDON, Jun 24 – David Cameron has announced his resignation after the British public rejected his personal entreaties and voted to leave the European Union. The dramatic announcement came after a sharp fall in the pound and as £128bn was wiped off the FTSE 100. Cameron said: “I am honoured to have been
LONDON, Jun 24 – David Cameron intends to stay on as Prime Minister to “carry out the instructions of the British people” after the dramatic vote in favour of withdrawal from the European Union, one of his most senior Cabinet colleagues has said. In a political earthquake which sent shockwaves around the
KUALA LUMPUR, Jun 24 – Malaysia’s ringgit headed for its worst slump since the Asian Financial Crisis as results from UK’s referendum showed the nation leaning toward leaving the the European Union, spurring a flight to haven assets. The ringgit fell 2.5 per cent to 4.1207 per dollar as of 12:36pm in Kuala
LONDON, Jun 24 – Britain has voted to leave the European Union, a historic decision sure to reshape the nation’s place in the world, rattle the Continent and rock political establishments throughout the West. With all but a handful of the country’s cities and towns reporting Friday morning, the “Leave” campaign held a 52 percent to
LONDON, Jun 24 – The UK has voted to leave the EU after huge turnouts in Labour heartlands in Wales and the north of England voted to exit the EU. An official verdict of about 52% in favour of Brexit is expected shortly. Now Andy Coulson – David Cameron’s former Number 10 spokesman –
SINGAPORE, Jun 24 – British citizens living in Singapore watched in disbelief as the results of the Brexit referendum unfolded. Expatriates who spoke to The Straits Times were largely in support of the Remain camp, and said they felt disappointed and shocked by the fact that more than half of their
LONDON, Jun 24 – Britain has voted to break out of the European Union, national media declared Friday, striking a thunderous blow against the bloc and spreading panic through world markets as sterling collapsed to a 31-year low. Investors scrambled to sell the pound, oil and stocks as Britain took a
LONDON, Jun 24 – The pound is making history after the the U.K. voted for a Brexit. Sterling slid by the most on record against the dollar, and reached its weakest level since 1985, after the U.K. voted to quit the European Union after more than four decades. U.K. stock index futures fell
LONDON, Jun 24 – There was no lack of doomsday rhetoric before Britain’s referendum on E.U. membership. European Council President Donald Tusk warned that Britain leaving the European Union could seriously threaten “Western political civilization.” Now, those fears have been stunningly amplified by the decision of British voters to break
LONDON, Jun 24 – Britain has voted for Brexit. What happens now? Nothing immediate, is the answer for EU nationals living in Britain and Britons living elsewhere in the EU, as well as for businesses on both sides of the Channel. It will all depend on negotiations that could take years—and
UNITED KINGDOM, Jun 24 – The UK has voted by 52% to 48% to leave the European Union after 43 years in an historic referendum. London and Scotland voted strongly to stay in the EU but the remain vote has been undermined by poor results in the north of England. UKIP
GEORGE TOWN, Jun 24 – Debate between Penang Works, Transport and Utilities Committee chairman, Lim Hock Seng and Gerakan secretary general Datuk Liang Teck Meng regarding on the proposed undersea tunnel project on the state will be held at the Caring Society Complex here. Air Itam Assemblyman, Wong Hon Wai, who is also
GEORGE TOWN, Jun 24 – Kedah Mentri Besar Datuk Seri Ahmad Bashah Md Hanipah, who was hospitalised in the Penang Hospital intensive care unit (ICU) for 18 days, has being discharged Thursday. Ahmad Bashah was accompanied by his wife, Datin Seri Hizam Awang Ahmad, Penang Hospital anaesthesiologist Datuk Jahizah Hassan and
KUALA LUMPUR, Jun 24 – Strong south-westerly winds between 40km to 50km per hour (kmph) and rough seas with high waves up to 3.5 metres are expected to continue in Reef North, Layang-Layang, Palawan and Labuan until Monday. The Malaysian Meteorological Department said the waters off Phuket will also experience similar conditions
CYBERJAYA, Jun 24 – The Malaysian Communications and Multimedia Commission (MCMC) is currently conducting a nationwide prepaid registration audit on dealers and agents of communication companies offering mobile cellular services. The purpose of the audit is to check on the accuracy and validity of the records of subscribers taken by dealers and
