Ringgit rises against dollar for 3rd consecutive day

THE ringgit extended its uptrend against the US dollar for the third consecutive day on the expectation of a softer interest rate hike by the US Federal Reserve (Fed) later tonight and even a possible cut in the second half of the year.   At 6pm, the local note rose to 4.4530/4580 versus the greenback compared with yesterday’s closing rate […]

China approves first domestic mRNA vaccine for Covid

CHINA has approved its first locally developed messenger RNA (mRNA) vaccine against Covid-19, its manufacturer said today, months after the relaxation of strict zero-Covid regulations sparked a surge in cases. The vaccine, developed by CSPC Pharmaceutical Group Ltd, has been approved for “emergency use” by Beijing’s health regulator, the company said in a statement.

Anwar calls for international readiness to tackle Islamophobia

PRIME Minister Anwar Ibrahim has urged the Organisation of Islamic Cooperation (OIC) to take decisive action in dealing with the issue of Islamophobia. He said this was something he shared with OIC secretary-general Hissein Brahim Taha and his delegation when they met in Jeddah, Saudi Arabia, today.