Germany wary of heat pump business sale to US group
GERMANY’S economy minister said today Europe’s largest economy must not lose out from the sale of a heat pump maker to a US rival, as competition in the sector increases. US group Carrier Global said yesterday it had agreed to purchase German group Viessmann’s core climate business for US$12 billion (RM53.4 billion).
Fuel prices April 27-May 3 unchanged across the board
KUALA LUMPUR: The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the week from April 27-May 3. Read full story
Thai woman accused of killing 9 people with cyanide
THAI police have arrested the wife of a senior officer on suspicion of murdering nine people by poisoning them with cyanide, officials said today. The woman, in her 30s, was arrested in Bangkok yesterday over the killings, which took place over several years.
Muhyiddin insists Albukhary Foundation’s tax exemption was revoked
FORMER prime minister Muhyiddin Yassin said Albukhary Foundation need not have filed an appeal regarding its tax-exempt status if it was not revoked by the Inland Revenue Board (IRB), an agency under the Finance Ministry. In his defence statement in response to the defamation suit against him by former finance minister Lim Guan Eng, Muhyiddin […]
Ringgit slips further against dollar in tandem with regional currencies
THE ringgit slipped further against the US dollar today in tandem with other Asian currencies as the greenback stayed firm after spiking higher overnight, on the prospect of higher US interest rates, despite slowing economic growth, a dealer said. At 6pm, the local note was traded lower at 4.4565/4585 versus the greenback from 4.4480/4520 at […]
Govt committed to supporting growth in aerospace sector
THE government is committed to supporting the growth of the aerospace industry and will continue to work closely with all stakeholders to create a conducive environment for investment and sustainable growth, Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz said today. He added that Malaysia is today in a much better position policy-wise to […]
Taiwan to prepare for Chinese blockade in annual war drills
TAIWAN’S military will practise intercepting warships and combating a Chinese blockade of the island during annual war game simulations in July, the defence ministry said today. Democratic Taiwan lives under constant threat of an attack by Beijing, which views the island as part of its territory that must be reunified.
Fuel prices unchanged for coming week
THE retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for a week from tomorrow until May 3. The Finance Ministry, in a statement today, said RON97 remains at RM3.35 per litre, RON95 (RM2.05 per litre) and diesel (RM2.15 per litre).
German consumer morale rises as inflation worries ease
GERMAN consumer morale rose sharply heading into May, a key survey showed today, as concerns eased about the impact of high inflation on Europe’s top economy. Pollster GfK said its forward-looking survey of around 2,000 people climbed 3.6 points to reach minus 25.7 points, the seventh consecutive monthly increase.
Opposition questions motive of holding Madani Hari Raya open houses in the six states facing polls
KUALA LUMPUR: The Opposition has raised concerns over the Federal Government’s Hari Raya Aidilfitri open houses in six states, stating that they are taking place in the six states where state polls are due soon. Read full story