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Dollar dips, ringgit rises on signs of US labour weakness
KUALA LUMPUR, Aug 8 — The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the Federal Reserve’s next policy meeting, an economist
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Allies reel as Trump rewrites tariff rules, sparks market jitters
WASHINGTON, Aug 8 — President Donald Trump’s steeper global tariffs came into effect Thursday, leaving dozens of US partners scrambling to secure relief from soaring levies that are rewriting global trade practice. Shortly before the new rates kicked in, Washington
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Bursa treads water as markets weigh Trump’s tariff move
KUALA LUMPUR, Aug 8 — Bursa Malaysia opened nearly flat on Friday after a mixed overnight performance on Wall Street, as investors turned cautious over the impact of US President Donald Trump’s tariffs. Tariffs of between 15 per cent and
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Bursa Malaysia fully transitions to electronic CDS account statements, notices from August 25
KUALA LUMPUR, Aug 8 — Bursa Malaysia Bhd will implement the full adoption of electronic Central Depository System (CDS) account statements and notices (eStatements) for individual depositors effective Aug 25, 2025. The exchange said in a statement today that the
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Digital payments soar 71pc as Malaysia’s June retail and wholesale sales hit RM153b
KUALA LUMPUR, Aug 8 — Wholesale and retail trade recorded a steady growth of 4.8 per cent in June 2025, with sales at RM153.0 billion, according to the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Mohd Uzir Mahidin
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Ascott, Coronade team up for five-star Coronation Square hotel in Johor Bahru
SINGAPORE, Aug 8 — Singapore-headquartered hospitality firm The Ascott Ltd has been appointed by Coronade Properties Sdn Bhd to manage the hotel component of the Coronation Square integrated development in Johor Bahru. Ascott chief growth officer Serena Lim and Coronade
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Trump demands Malaysia-born Intel CEO to resign immediately after alleged China military ties
WASHINGTON, Aug 8 — President Donald Trump demanded Thursday that the new boss of US chip maker Intel resign “immediately,” after a Republican Senator raised national security concerns over his links to firms in China. “The CEO of INTEL is
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Japan cancels flights, orders evacuations as record rains lash Kagoshima
TOKYO, Aug 8 — Japan’s weather agency issued a special heavy rain alert for the southern region of Kagoshima on Friday, warning “lives are at risk”. The deluge follows a period of punishing heat in many parts of Japan, with
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‘Free Palestine’ slogans, red paint deface Israeli airline office in Paris as France moves to recognise Palestine
PARIS, Aug 8 — Red paint and slogans were daubed at the entry to the offices of national Israeli airline El Al in Paris, with Israel Thursday urging French authorities to take action over the “barbaric act”. Anti-Israel and pro-Palestinian
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Netanyahu outlines post-war Gaza plans amid famine fears
JERUSALEM, Aug 8 — Prime Minister Benjamin Netanyahu said on Thursday Israel plans to take full control of Gaza but does not intend to govern it, as he convened his security cabinet to discuss updated plans 22 months into the
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