KUALA LUMPUR, Bursa Malaysia’s benchmark index opened lower on Wednesday despite Wall Street’s positive overnight performance on the back of the US Federal Reserve (Fed) statement that keeping rates high for too long would be bad for the US economy. At 9.03 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) inched down 0.09 of-a-point to…
KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed higher today as the US dollar and US bond yields fell in the wake of the weak jobs report. A weaker US dollar is likely to drive the price of gold higher through increasing demand as more gold could be purchased when the greenback…
KUALA LUMPUR, The Drug Dependants (Treatment and Rehabilitation) (Amendment) Bill 2024, which was tabled for its second reading, has been deferred and will now be referred to two Parliamentary Special Select Committees (PSSC) for further engagement. Home Minister Datuk Seri Saifuddin Nasution Ismail said the decision to defer the bill, which has been under discussion…
SUBANG JAYA, Communications Minister Fahmi Fadzil will hold a meeting with Digital Minister Gobind Singh Deo and Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said tomorrow to discuss matters related to cyberbullying. ‘We want to make sure that the internet is safe, especially for children and families. ‘All…
KUALA LUMPUR, The National Cooperative Congress 2024, which will be held for two days beginning July 25, will among other things, discuss issues, initiatives and new directions aimed at strengthening the role of the cooperative movement. Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa) president Datuk Seri Dr Abdul Fattah Abdullah said this would be the third…
PUTRAJAYA, The Malaysian Anti-Corruption Commission (MACC) will summon several witnesses to record their statements in the near future over issues involving the Human Resource Development Corporation (HRD Corp). MACC Investigation Division senior director Datuk Seri Hishamuddin Hashim shared this development after the commission’s investigative team’s visit to HRD Corp in Kuala Lumpur and the Human…
