Credit Suisse shares no longer fit for New York listing
BATTERED shares in crisis-hit Credit Suisse no longer meet criteria for listing on the New York Stock Exchange, the bank said today, adding that its upcoming sale to UBS would resolve the issue. “The New York Stock Exchange notified Credit Suisse on May 1… that it is no longer in compliance with the NYSE’s continued […]
French sports minister condemns Djokovic message on Kosovo
FRANCE’S sports minister condemned Novak Djokovic today after he wrote a message saying Kosovo was at the “heart of Serbia” following his victory in the opening round of Roland Garros. The Belgrade-born tennis superstar scrawled “Kosovo is the heart of Serbia. Stop the violence” on a camera on Monday in Paris amid clashes between ethnic […]
Melaka college launches new Menu Rahmah with multiple dishes
MELAKA: A private college at Jalan Hang Tuah here is offering affordable meals with multiple dishes to the public with a slogan – “Now, everyone can makan”. Read full story
Fuel prices June 1-7: RON97 petrol up two sen, RON95, diesel unchanged
KUALA LUMPUR: The retail price of RON97 Petrol will increase by two sen per litre from RM3.35 to RM3.37 for the June 1 to 7 period. Read full story
Energy and industry sectors must help nation transition to carbon-neutral status, says Nik Nazmi
KUALA LUMPUR: Nik Nazmi Nik Ahmad has called on private energy companies and relevant industry players to do their part in Malaysia’s transition to a more sustainable and green future. Read full story
Respect all races and religions for country's progress, says Anwar
KOTA KINABALU: Prime Minister Datuk Seri Anwar Ibrahim says everyone in Malaysia must respect each other’s race and religion for the country’s stability and progress. Read full story
Sarawak records RM5 billion revenue in first quarter of 2023
SARAWAK recorded revenue of RM5 billion for the first quarter of this year, said Sarawak Premier Abang Johari Tun Openg. He said Sarawak’s united people and stable political situation enabled the state government to achieve the figure and focus on efforts to further boost the state’s economy.
Markets tumble as hardline Republicans threaten US debt deal
ASIAN markets sank today on worries that hardline Republicans could vote down a crucial bill to hike the US borrowing limit and risk a catastrophic default that could hammer an already fragile global economy. Further signs that China’s post-pandemic recovery was fading added to the downbeat mood on trading floors, as did worries that the […]
Jason Lo loses lawsuit against Bernama
THE High Court has dismissed a defamation suit filed by ex-CEO Jason Jonathan Lo against the Malaysian National News Agency (Bernama) over two articles published in 2019 and 2020. Lo filed the lawsuit in July 2021 in relation to two articles published by Bernama titled “Former Telco CEO charged with trespassing, injecting drug into body” and […]
Ringgit ends lower v dollar
THE ringgit closed lower against the US dollar as investors remained cautious on the United States debt ceiling vote later today. Bank Muamalat Malaysia Bhd chief economist and social finance head Dr Mohd Afzanizam Abdul Rashid said the main issue is still the same, the US debt ceiling, and given that some Republican congressmen are […]