SEOUL - North Korean leader Kim Jong Un said on Saturday (May 14) that the spread of Covid-19 had put the country in "great turmoil" and called for an all-out battle to overcome the epidemic, while 21 new deaths were reported for a day earlier among people with fevers. North Korea made an unprecedented admission of its first Covid-19 outbreak this week, after claiming no … [Read more...] about North Korea’s Kim says Covid-19 ‘great turmoil’ as 21 new deaths reported
Which great composer was deaf
US tells Southeast Asian leaders summit marks ‘new era’ for ties
WASHINGTON: U.S. President Joe Biden said on Friday a first summit in Washington with leaders from the Association of Southeast Asian Nations (ASEAN) marked the launch of a "new era" in the relationship between the United States and the 10-nation bloc. Addressing the second day of a two-day meeting, Biden said "a great deal of history of our world in the next 50 years is … [Read more...] about US tells Southeast Asian leaders summit marks ‘new era’ for ties
Sarawak seeks to adopt Norway’s sovereign wealth fund model
KUCHING: Sarawak will engage with Norway to set up and manage a sovereign wealth fund from oil and gas revenue based on the Nordic country’s model. Premier Tan Sri Abang Johari Tun Openg said Sarawak was keen to learn from Norway’s experience in managing the world’s largest sovereign wealth fund. “Of great interest to Sarawak is that Norway has the largest global sovereign … [Read more...] about Sarawak seeks to adopt Norway’s sovereign wealth fund model
Understanding Bank Negara’s move
BANK Negara trampled market expectations by raising its key overnight policy rate (OPR) by 25 basis points (bps) to 2% from a record low of 1.75%. Market participants mostly projected that the first rate hike would happen in July. To put things into perspective, the OPR was trimmed from 3% in the beginning of 2020 due to the already existing geopolitical tensions between the … [Read more...] about Understanding Bank Negara’s move
‘Cakes and cash’ feature in rare Malaysia TV debate between 1MDB-tainted ex-PM Najib and opposition leader Anwar
Badminton-crazy Malaysia would have normally been riveted to a live broadcast of a Thomas Cup fixture against long-time rivals India. But as the men’s team battled, and was eventually defeated, on Thursday night, the country’s attention was elsewhere, with social media buzzing over the highly anticipated and much-watched US-style ‘grand debate’ between scandal-haunted … [Read more...] about ‘Cakes and cash’ feature in rare Malaysia TV debate between 1MDB-tainted ex-PM Najib and opposition leader Anwar