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Oil prices fall as demand concerns overshadow buoyancy on US rate cut
OIL prices fell on Friday as worries about fuel demand in the United States outweighed expectations that the year’s first interest rate cut by the Federal Reserve would spur greater […]
Take Five: Chop, chop!
LONDON: It’s back to scouring data for signs of how quickly, if at all, further rate cuts could come from big economies, Switzerland’s central bank meets and world leaders gather […]
Spain backs EU efforts to use frozen Russian assets, cuts gas imports from Russia
MADRID (Reuters) – Spanish Economy Minister Carlos Cuerpo said on Friday his government supported the efforts made by the European Commission to monetize underlying frozen Russian assets held in the […]
UK sees ‘no evidence’ Russia’s Putin is interested in a negotiated peace with Ukraine, MI6 chief says
ISTANBUL (Reuters) – MI6 chief Richard Moore said on Friday that he sees “no evidence” that Russian President Vladimir Putin has any interest in a negotiated peace short of Ukrainian capitulation. […]
Iraq fails to win US approval to import Turkmen gas via Iran
DUBAI/BAGHDAD (Reuters) – Iraq’s attempt to ease its chronic power shortage with gas from Turkmenistan routed through neighbouring Iran has failed under U.S. pressure, leaving Baghdad scrambling for alternatives to […]
Penang steps up monitoring of slopes, high-risk areas ahead of monsoon
GEORGE TOWN: The state government has stepped up efforts to monitor hillside slopes and high-risk areas to prevent landslides and ensure public safety during this coming monsoon season, says Chow […]
Johor Immigration Department detains 55 illegal immigrants
JOHOR BARU: A total of 55 illegal immigrants working as serving staff and cooks at six eateries within the Johor Baru district have been detained over various offences. Read full […]
Govt respects the right to assemble but protests should be sensible, says Nga
KUALA LUMPUR: The government respects the right of assembly and has no issue with PAS Youth’s planned rally in protest of the Urban Renewal Bill, says Nga Kor Ming. Read […]
MIHAS expo in Malaysia stresses China’s importance in halal trade
CHINA is emerging as a key player in the global halal market as the country offers a huge consumer market for Muslim-friendly products, a senior Malaysian trade official said. Read […]
Asia shares set for weekly gains, Nikkei retreats after BOJ decision
SYDNEY:Â Asian shares were headed for weekly gains on Friday on hopes of further rate cuts around the world, while the Nikkei retreated from record highs after the Bank of Japan […]