Majority of Malaysian youngsters in debt, survey shows

A RECENT survey has revealed that 73% of Malaysian youth were in debt and do not have sufficient capital for financial commitments. The survey by UCSI University poll research centre, which was published today, highlighted several main reasons for youngsters to take up loans – financial constraints, inflation and adopting luxurious lifestyles.

China manufacturing activity rebounds in January

CHINA’S factory activity expanded in January after four months of contraction, official data showed today, as its economy rebounded following the relaxation of strict Covid-19 curbs. The world’s second-largest economy is roaring back to life after Beijing’s decision last month to abruptly drop its strict zero-Covid policy, which mandated strict lockdowns, sparking protests and hammering […]

Court sets Feb 7 to rule on preliminary objection in Masjid Tanah election petition

THE Malacca High Court will rule on February 7 on a preliminary objection to the election petition filed by the Barisan Nasional (BN) candidate to annul the result of the Masjid Tanah parliamentary seat, which was won by Mas Ermieyati Samsudin in the 15th general election. Judge Anselm Charles Fernandis set the date to enable the parties involved to provide additional submissions.

France braces for disruption as more pension protests loom

FRANCE is bracing for major transport blockages today, with mass strikes and protests set to hit the country for the second time in a month in objection to a planned reform to raise the retirement age. Around one million people are expected to take to the streets nationwide, a police source told AFP, rallying against plans […]