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IMF to cut global growth outlook as war in West Asia weighs on economy
WASHINGTON, April 10 — The International Monetary Fund will lower global growth forecasts due to the Middle East war, its chief said Thursday, warning of the conflict’s “scarring effects” despite a fragile ceasefire. “Even in a best case, there will
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Malaysia PET plastic prices up 40pc as shortage hits packaging supply chain
KUALA LUMPUR, April 10 — Malaysia is beginning to feel the impact of a tightening plastic packaging market, with PET resin shortages and rising prices of up to 40 per cent already disrupting supply and hitting retail availability. Industry players
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No proof MACC involved in ‘corporate mafia’ case, says IGP as probe continues
KUALA LUMPUR, April 10 — Inspector-General of Police Datuk Seri Mohd Khalid Ismail today said there is no evidence connecting the Malaysian Anti-Corruption Commission (MACC) to any “corporate mafia” activity as alleged. But he said investigations are ongoing and several
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Over 5,000 litres of subsidised diesel seized in Perak raid over alleged profiteering scheme
IPOH, April 10 — The Perak Ministry of Domestic Trade and Cost of Living (KPDN) seized 5,070 litres of subsidised diesel in a raid at Kampung Raja Hitam near Ayer Tawar early today. Its director Datuk Kamalludin Ismail said the
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Eleven-state e-waste crackdown nets RM582m haul, 515 arrests in major bust
KUALA LUMPUR, April 10 — Authorities have carried out a major nationwide crackdown on illegal e-waste activities under Op Hazard 3.0, with hundreds arrested and large-scale seizures recorded across multiple states. Inspector-General of Police Datuk Seri Mohd Khalid Ismail said
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Japan to release 20 days of oil reserves to steady supply amid Middle East tensions
TOKYO, April 9 — Japan plans to release a further 20 days’ worth of oil reserves as early as next month, local media reported on Friday citing an announcement by Prime Minister Sanae Takaichi. The country first began tapping into
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US Republicans block push to curb Trump’s war powers over Iran strikes
WASHINGTON, April 10 — US House of Representatives Republicans on Thursday blocked a Democratic effort to end US attacks on Iran, as Donald Trump’s party continued to prevent efforts to rein in the Republican president’s war powers. Representative Chris Smith,
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Saudi oil output slashed 600,000 bpd as pipeline strikes hit key facilities
CAIRO, April 10 — Attacks on Saudi energy facilities have cut the kingdom’s oil production capacity by around 600,000 barrels per day and throughput on its East-West Pipeline by about 700,000 bpd, Saudi state news agency SPA reported on Thursday,
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Indonesia launches Denera to back waste-to-energy push via state investment vehicle
JAKARTA, April 10 — Indonesia’s sovereign wealth fund Danantara Indonesia has established a new government-owned vehicle to accelerate waste-to-energy investments, as demand for sustainable waste management solutions continues to grow. Investment director at Danantara Investment Management (DIM), Fadli Rahman, said
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Truce with Tehran, war with MAGA: Trump goes off on ‘low IQ’ loyalists over Iran criticism
WASHINGTON, April 10 — The coalition that propelled Donald J. Trump back to the White House is facing a historic internal collapse. In a vitriolic social media broadside, the US president has declared war on his most prominent media allies,
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