SEOUL, Sept 22 – Oil prices edged higher on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day. International benchmark Brent crude futures were at US$56.51 a barrel at 0644 GMT, up 8 cents, or
HONG KONG, Sept 22 – Postal Savings Bank of China Co (PSBC) is raising US$7.25 billion through an issue of preferred shares to shore up its capital buffer and boost lending, becoming the latest Chinese bank to raise funds through the hybrid securities. State-run PSBC’s fundraising comes a year after it garnered
ZURICH, Sept 22 – Adecco Group is investing in digital technology to make it more attractive to employers seeking flexible workers, the world’s largest staffing company said on Friday, as it targets faster growth as the global economy recovers. The Swiss company said it wanted to grow four times faster than global
SINGAPORE, Sept 22 – Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible. Boeing sees demand for 4,210 new airplanes worth US$650 billion in Southeast Asia over the next
KUALA LUMPUR, Sept 22 – The Malaysian Indian Congress (MIC) holds its 71st annual general meeting this weekend at the Putra World Trade Centre, and the hot topic is expected to be the Barisan Nasional party’s preparations for the next general election. MIC secretary-general Datuk A. Sakthivel advised the delegates to make
WASHINGTON, Sept 22 – President Donald Trump’s contentious travel ban expires Sunday with little clarity over whether America’s door will reopen for travelers from six majority-Muslim countries. Based on the policy, US embassies or representatives in Syria, Iran, Libya, Somalia, Sudan and Yemen should resume granting visas to their nationals planning to
KUALA LUMPUR, Sept 21 – A total of 279,000 rubber smalholders and tappers who have Rubber Transaction Authority Permit (PAT-G) cards are urged to apply for the Monsoon Season Aid (BMT) (Bantuan Musim Tengkujuh) no later than Sept 29. Malaysian Rubber Board (Research & Innovation) deputy director-general Dr Zairossani Mohd Nor said
BUKIT MERTAJAM, Sept 21 – Eight underaged youths were among 25 individuals charged in the Bukit Mertajam Magistrate’s Court here today for possessing drugs. The individuals are Muhammad Firdaus Rosley, 18; Mohamad Akmal Shamsudin, 22; Amzar Fahim Rosli, 22; Muhammad Zulhaili Zafrullah Zulkifli, 21; Mohamad Azri Hisyam Mohd Ariff, 21; Mohammad Shaqirin
KUALA LUMPUR, Sept 21 – The national para athletics squad continued to shine in track and field events by adding another six gold medals on the fourth day of competitions in the 9th Asean Para Games (APG) at the National Stadium in Bukit Jalil, here today. The achievement saw Malaysia accumulate
PUTRAJAYA, Sept 21 – Foreign Minister Datuk Seri Anifah Aman, on behalf of the Malaysian Government, has signed a Memorandum of Understanding (MoU) on political support to prosecute the perpetrators of the downing of the Malaysia Airlines flight MH17 on July 14, 2014. The signing of the MoU took place at
SHAH ALAM, Sept 21 – The Employees Provident Fund’s (EPF) overseas investments have shown positive figures with contributors receiving high returns, said Finance Ministry Strategic Communications Director Datuk Lokman Noor Adam. He said the EPF’s achievements proved that it did not make unwise investments, instead it took into account the risk factor
KUALA LUMPUR, Sept 21 – The Health Ministry has agreed to introduce proper guidelines for herbal medicine clinical trials next year, says its deputy minister Datuk Seri Dr Hilmi Yahaya. However, he said, the guidelines would only be made into reality once in-depth research and discussions with stakeholders were completed. “If we
KUALA LUMPUR, Sept 21 – Malaysia Airlines reiterated that it has a firm order of 25 Boeing 737 aircraft with further decision to purchase additional aircraft which best suits its operational environment. The national-carrier said it would continue to carefully evaluate all options available to ensure the purchases make both business and
ALOR STAR, Sept 21 – A total of 1,500 participants from the state’s government agencies and local councils will take and sign the Corruption-Free Pledge (IBR) in a ceremony at the Combating Corruption Together (Sehati Sejiwa Memerangi Rasuah) programme in Sungai Petani on Tuesday. Kedah Malaysian Anti-Corruption Commission (MACC) director Datuk
KUALA LUMPUR, Sept 21 – Hundreds of Samsung fans gathered here at Pavilion KL today for the launch of the Samsung Galaxy Note8 and the appearance of Korean celebrity, Song Ji-Hyo. Lines began as early as 7am. The first 100 customers to purchase the brand new Galaxy Note8 at the Pavilion (Kuala
LONDON, Sept 20 – Two men were arrested on Wednesday over last week’s London Underground terror attack in which 30 people were injured, bringing the total number of people in custody to five, police said. The men, aged 48 and 30, were arrested under anti-terrorism legislation in Newport in Wales, police said
BRUSSELS, Sept 20 – The EU on Wednesday unveiled plans for sweeping new powers over foreign financial firms in Europe that would give the bloc strict oversight over the London financial hub after Brexit. The draft law, presented by European Commission vice-president Valdis Dombrovskis, is intended to toughen EU financial rules and
PUTRAJAYA, Sept 20 – MCA has accepted the decision of the Kuala Lumpur City Hall (DBKL) which rejected an application to organise the Better Beer Festival 2017 in the federal capital for security reasons. MCA president Datuk Seri Liow Tiong Lai said he raised the issue in the Cabinet meeting today and
MIRI, Sept 20 – The Domestic Trade, Cooperatives and Consumerism Ministry (KPDNKK) confirmed today that one of the Kedai Rakyat 1Malaysia (KR1M) operating in Miri City has been shut down for economic reasons. KPDNKK Miri branch chief, Joe Azmi Jamil said the KR1M in Tudan was closed down because the operator suffered
KUALA LUMPUR, Sept 20 – Datuk Seri Najib Abdul Razak said today that 13,837 ideas and proposals were received through the Budget 2018 ‘crowdsourcing’ campaign carried out for 15 days from Sept 4 to 18. The Prime Minister said a preliminary scrutiny found that jobs, cost of living, education, taxation, commerce and
