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Asean may start oil reserve scheme with select countries, says investment, trade and industry minister

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CEBU, May 7 — Asean may consider bringing in the private sector to help realise the newly-mooted oil stockpiling framework aimed at strengthening the region’s long-term energy security and preparedness. […]

Philippines warns Chinese research ship over ‘unauthorised operations’ in disputed South China Sea

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MANILA, May 7 — The Philippine Coast Guard said today it deployed aircraft to issue radio warnings to a Chinese research ship in a disputed area of the South China […]

Visiting US senators urge stability, cooperation with China ahead of Trump–Xi meeting

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BEIJING, May 7 — A delegation of US ‌senators visiting Beijing has called for stability and peaceful cooperation between the world’s two largest economies a week before the countries’ leaders […]

EU says won’t ‘change posture or presence’ in Kyiv despite Russia strike threat

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BRUSSELS, May 7 — The EU said today it would not leave Kyiv after Russia warned of a possible retaliatory strike on the Ukrainian capital and urged foreign organisations to […]

Malaysia positions carbon market as strategic pillar to drive trade competitiveness, says Arthur Kurup

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KUALA LUMPUR, May 7 — Malaysia is positioning the carbon market as a critical economic driver to bolster industrial competitiveness and meet its ambitious climate targets under the newly approved […]

Ringgit edges higher against US dollar, regional peers after BNM maintains OPR

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KUALA LUMPUR, May 7 — The ringgit extended its gains today, closing firmer against major currencies and most regional peers following Bank Negara Malaysia’s (BNM) move to maintain the Overnight […]

Four days and 131 pages: Rafizi says MACC done with recording his statement over RM1.1b semiconductor probe

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PUTRAJAYA, May 7— Former Economy Minister Datuk Seri Rafizi Ramli has completed giving his statement to the Malaysian Anti-Corruption Commission (MACC) after four days of questioning over alleged abuse of […]

One student dead, another critical after suspected electrocution at ablution area in Sarawak school

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SIBU, May 7 — A routine evening prayer preparation turned tragic when a Form Four student was killed and another seriously injured after they were believed to have been electrocuted […]

Govt rolls out advance payments to boost paddy farmers’ cash flow ahead of planting season

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PUTRAJAYA, May 7 —  Advance payments under the Ploughing Incentive to Farmers (IPKP) scheme amounting to RM200 per hectare for farmers in Peninsular Malaysia will be disbursed in stages from […]

Home Ministry pushes for court charges, not compounds, in diesel subsidy abuse cases

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KUANTAN, May 7 — The Home Ministry (KDN) has proposed prosecuting cases of subsidised diesel embezzlement involving fleet card abuse in court, rather than settling them through compounds. Home Minister […]

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