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Back to homepageOil soars as Trump shoots down Iran’s terms and Hormuz disruption fears deepen
TOKYO, May 11 — Oil prices rose in Asian trade today after US President Donald Trump rejected Iran’s terms for ending the war in the Middle East, while stocks were mixed. Trump’s repudiation of Iran’s response to his latest peace
Read MoreChina, US to hold trade talks in Seoul ahead of Trump–Xi summit in Beijing
BEIJING, May 11 — Senior Chinese and US officials will hold talks in South Korea in the coming days, Beijing’s commerce ministry and Washington’s treasury secretary said yesterday, ahead of an expected summit between leaders Xi Jinping and Donald Trump.
Read MoreIndia shields consumers from fuel hikes as Modi calls for reduced petrol and diesel use amid Middle East supply strain
BENGALURU, May 11 — Prime Minister Narendra Modi yesterday urged the people of India to cut down on petrol and diesel consumption amid supply disruptions due to the Middle East war. India is one of few countries in the region
Read MoreBursa Malaysia opens higher on buying interest in heavyweights after last week’s pullback
KUALA LUMPUR, May 11 — Bursa Malaysia opened firmer today, driven by buying interest in selected heavyweight counters following the market’s retreat after a five-session rally last week. At 9.10 am, the FTSE Bursa Malaysia KLCI rose by 0.35 of
Read MoreRinggit edges higher as traders watch Middle East tensions, Malaysia GDP data
KUALA LUMPUR, May 11 — The ringgit opened higher against the US dollar today, as investors kept an eye on the ongoing peace negotiations over the West Asia crisis, an analyst said. At 8am, the local unit rose to 3.9170/9230
Read MoreSingapore embassy works with Indonesia to identify two bodies recovered after Mount Dukono eruption
SINGAPORE, May 11 — The Singapore Embassy in Jakarta is working closely with the Indonesian authorities to identify two bodies recovered from the Mount Dukono area, believed to be Singapore citizens, the Ministry of Foreign Affairs (MFA) said. In a
Read MoreTwo supervisors killed after being flung from car in Second Link five-vehicle crash
ISKANDAR PUTERI, May 11 — Two construction site supervisors were killed after being thrown from a Proton Persona in a five-vehicle collision at Km25.3 of the Second Link Highway here yesterday. Iskandar Puteri police chief Assistant Commissioner M. Kumarasan said
Read MoreRising costs will not delay Penang’s strategic water projects
GEORGE TOWN, May 11 — The Penang government will continue with its water supply projects under the Water Contingency Plan 2030 amid rising operational and construction costs due to global economic uncertainties. Penang chief minister Chow Kon Yeow said the
Read MoreEx-aide to Teresa Kok claims trial to graft, cheating charges linked to school funding applications
KUALA LUMPUR, May 11 — A former aide to Seputeh MP Teresa Kok pleaded not guilty in the Sessions Court here today to two charges involving cheating and allegedly receiving RM500,000 in gratification linked to school smart board applications, according
Read MoreNearly 4m-long crocodile caught by Sibu licensed team, one more croc escapes
SIBU, May 11 — A Sibu licensed crocodile catching team captured a male crocodile measuring around 13 feet (3.96 metres) in length and weighing 280kg in the waters of Kampung Sebenak, Daro on Saturday. Team leader Jeferry Siew said the operation
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