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Malaysia can achieve higher growth with structural reforms

KUALA LUMPUR: Malaysia with its abundant natural resources and inherent economic strength is capable of achieving higher growth rate than now with more structural reforms, Bank Negara Malaysia (BNM) Governor, Datuk Nor Shamsiah Mohd Yunus said. “The global economy is

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Muhyiddin: Zakir still being probed, no special treatment

GOMBAK: Nobody is above the law in Malaysia, including Dr Zakir Naik, Home Minister Tan Sri Muhyiddin Yassin said today. Speaking at a press conference, Muhyiddin said that even though Muslims look up to Zakir as a respected Islamic scholar,

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Hong Kong stocks slump most in Asia, yuan falls to 11-year low

HONG KONG: Hong Kong stocks tumbled the most in Asia and the yuan weakened to an 11-year low amid concern over the intensifying trade war. The Hang Seng Index dropped 3% at 10:33 a.m. in Hong Kong, poised for its

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KLCI falls 1%; Asian markets slugged

KUALA LUMPUR: The FBM KLCI fell 1% at mid-morning as regional markets sank on escalating US-China trade war jitters. At 10.05am, the FBM KLCI fell 16.02 points to 1,593.31. Losers thumped gainers by 535 to 95, while 206 counters traded

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Boy commits suicide due to homework pressure

GEORGE TOWN: A 13-year-old boy, who was said to be unable to cope with school work, was found hanged in the bathroom of a flat. The father sensed something was amiss when the boy did not come out of the

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36 arrested, including 12 year old as demos escalate

HONG KONG: Hong Kong police said on Monday they arrested 36 people, the youngest aged 12, after violence during anti-government demonstrations escalated as protesters hurled Molotov cocktails at security forces who responded with water cannon and tear gas. Sunday’s protests

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Dr M losing support: Nonsense, says Zuraida

SHAH ALAM: Allegations that Prime Minister Tun Dr Mahathir Mohamad has lost the support and confidence of Pakatan Harapan component party leaders are mere slanders to gain attention, says PKR vice president Zuraida Kamaruddin. The Housing and Local Government Minister

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Trump caught off guard as Iran’s Zarif visits G7 summit town

BIARRITZ: Iran’s foreign minister paid a visit to a G7 summit in France yesterday, an unexpected twist to a meeting already troubled by differences between U.S. President Donald Trump and Western allies over a raft of issues, including Iran. A

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Oil prices drops 2% as trade war shakes confidence

TOKYO: Oil prices fell pushing U.S. crude to its lowest in more than two weeks, as a ratcheting up of tensions in the U.S.-China war knocked confidence in the global economy. Brent crude was down 89 cents, or 1.5%, at

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Amazon fire: Warplanes dump water on the forest fire

BRASILIA/PORTO VELHO: Brazilian warplanes are dumping water on the burning forest in the Amazon state of Rondonia, responding to a global outcry over the destruction of the world’s largest tropical rain forest. Yesterday, President Jair Bolsonaro had authorised military operations

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