LONDON: World stock markets and oil prices hit the skids on Wednesday as the persistent palpitations about rising interest rates and recessions struck again, while the Japanese yen hit a fresh 24-year low against a seemingly unstoppable U.S. dollar. Enthusiasm that had given Wall Street its best day in a month on Tuesday was suddenly gone as Europe suffered a 1.5% morning … [Read more...] about Stocks and oil tumble as recession fears mount
To try to form a government
Private hospitals prep for Paxlovid
PETALING JAYA: The antiviral medication Paxlovid would be made available soon in private hospitals, says the Association of Private Hospitals Malaysia. Its president Datuk Dr Kuljit Singh thanked Health Minister Khairy Jamaluddin, saying that the association was happy that the antiviral drug would be given free to Covid-19 patients. “We are working with the government to … [Read more...] about Private hospitals prep for Paxlovid
Cooking up a storm: Immigrant who swam to Hong Kong, dropped out of school to work becomes top chef
Not long after Wan Tat-kong swam from mainland China to Hong Kong as an illegal immigrant in the early 1960s, he had to quit studying and worked in a restaurant at the age of 13 to help his family make ends meet. “My family was not wealthy when I was a child. I joined the industry because we needed food to fill our stomachs,” Wan, 73, the eldest of nine children, told the … [Read more...] about Cooking up a storm: Immigrant who swam to Hong Kong, dropped out of school to work becomes top chef
No recession expected
PETALING JAYA: The looming recession which is knocking on the doors of the advanced economies is not expected to rear its ugly head in corporate Malaysia, although the country may see some softening effect on its economy in the second half, economists say. On the whole, they agree that the nation’s strong economic fundamentals at this juncture would be able to withstand any … [Read more...] about No recession expected
What PAP’s internal election is about & what the 2020 results reveal
The People's Action Party (PAP) went through an important internal election on Sunday, Nov. 8. This was the biennial election for its Central Executive Committee (CEC), which is the political party's highest decision-making body. But the election results, voted by more than 3,000 party cadres on Sunday, revealed that those casting votes did not want any drastic changes … [Read more...] about What PAP’s internal election is about & what the 2020 results reveal