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September 3, 2018 1:28 PM BNM seen holding key rate

KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to keep its benchmark interest rate unchanged at a meeting tomorrow, as it keeps tabs on how far the United States and China will take their ongoing trade war. All 11 economists polled by Reuters see BNM holding its overnight policy rate at 3.25%. Malaysia has raised its policy rate once this year – by 25 basis 6

August 22, 2018 9:01 AM Malaysia yet to release four Thais held over ‘piracy’ incident

GEORGE TOWN: Malaysian police have yet to release the four armed Thai nationals who were said to have kidnapped four Malaysian fishermen near Pulau Langgun in Langkawi on Sunday. Satun governor Pattanapon Rattanapichetchaihad said the Thai nationals are not pirates. Three of them are marine police and the fourth a deputy village head, he said. A Malaysian 13

August 7, 2018 6:23 AM Brazil closes, then reopens border to Venezuelan migrants

SAO PAULO: Brazil briefly closed then reopened its northern border to Venezuelans on Monday as it struggled to contain mass migration from the South American country saddled with a crippling political and economic crisis, police said. A Supreme Court justice overturned a lower court judge's decision that had suspended for a few hours the entry of more Venezuelans 10

August 3, 2018 8:52 AM Risk of no-deal Brexit 'uncomfortably high': BoE governor

LONDON: Bank of England Governor Mark Carney warned Friday that the possibility of a no-deal Brexit was "uncomfortably high" and "highly undesirable" but still "unlikely" compared to other outcomes. "The possibility of a no-deal is uncomfortably high at this point," Carney told BBC radio. Carney, who is due to step down next year after Britain leaves 12

August 3, 2018 7:30 AM EPF CEO Shahril appointed Khazanah MD

PETALING JAYA: Khazanah Nasional Bhd today announced that Datuk Shahril Ridza Ridzuan has been appointed as its managing director. In a statement released by the sovereign wealth fund today, it said Shahril will assume the post on Aug 20. Shahril, 48, is currently the Chief Executive Officer of the Employees Provident Fund (EPF), having been appointed 12

July 30, 2018 3:22 PM Hassan, Sukhdave make comeback to corporate Malaysia

PETALING JAYA: The Prime Minister's Office has appointed Tan Sri Mohd Hassan Marican and Dr Sukhdave Singh to the board of Khazanah Nasional Bhd, marking the comeback of the two to corporate Malaysia. Prime Minister Tun Dr Mahathir Mohamad accepted the en masse offer of resignation by the board of Khazanah Nasional headed by long serving Tan Sri Azman 9

July 30, 2018 11:01 AM Azmin, Hassan Marican, Sukhdave appointed to Khazanah Board

KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad has been appointed chairman of the board of Khazanah Nasional Bhd, with immediate effect, the Prime Minister's Office announced today in a statement. Datuk Seri Mohamed Azmin Ali, Tan Sri Mohd Hassan Marican, Dr Sukhdave Singh and Goh Ching Yin have also been appointed directors of the sovereign wealth 9

July 23, 2018 2:26 PM Record heat broils Japan, prompting warnings

TOKYO: Japanese officials issued new warnings Monday as a deadly heatwave blankets the country, producing record high temperatures in Tokyo just two years before the city hosts the 2020 Summer Olympics. Officials said last week that the heatwave had killed at least 15 people and forced the hospitalisation of over 12,000 others in the first two weeks 13

July 23, 2018 9:12 AM Gunmen storm government building in Iraq Kurdish capital

ARBIL, Iraq: Two gunmen on Monday stormed the governor's headquarters in Arbil, the capital of Iraqi Kurdistan, opening fire and wounding a policeman, deputy governor Taher Abdullah said. Kurdish security forces known as Asayish set up a "security cordon and are searching the building" for the assailants, Abdullah said. The attack took place in the early 23

July 22, 2018 11:45 AM Thai boys rescued from cave to be ordained in Buddhist ceremony

MAE SAI, Thailand: Most members of the Thai youth football team rescued from a flooded cave will have their heads shaved, don robes and be ordained in a Buddhist ceremony this week, officials said Sunday. The "Wild Boars" are enjoying their first few days home after being discharged from hospital and speaking to the media about their harrowing ordeal 19