Asian markets down after lacklustre session on Wall Street

ASIAN markets opened mostly down yesterday following a tepid lead from Wall Street, with traders trying to assess the Federal Reserve’s next moves in the fight against inflation. The more or less flat results in New York left some looking for direction, with global investors scrutinising mixed earnings reports for major US lenders. 

Johor MB wants Customs complex run at 100% efficiency during Raya

JOHOR Menteri Besar Onn Hafiz Ghazi has expressed hope that the efficiency level at the Customs, Immigration and Quarantine (CIQ) Complex in the Sultan Iskandar Building (BSI) in Johor Baru will reach 100% throughout the Hari Raya festive season. He said optimal operational efficiency was needed to ensure the smooth movement of travellers, thus reducing […]

A people-centric, but corporate-minded government

THE government’s initiatives so far may seem populist but are quite necessary to ensure stability. An irate rakyat is the last thing Prime Minister Anwar Ibrahim needs right now, that could scuttle his efforts to calm muddled waters, dissuade Malay-Muslim sentiment and bring everyone back into a moderate, progressive fold. 

Kim orders launch of North Korea’s first spy satellite

NORTH Korean leader Kim Jong Un said the country has finished building its first military spy satellite and gave the green light for its launch, state media said today. The report of its completion comes about a week after Pyongyang launched what it said was a new solid-fuel intercontinental ballistic missile, marking a major breakthrough […]