Teacher loses RM400,000 to love scam
File photo for illustration purposes
SIBU: A 47-year-old teacher lost nearly RM400,000 after she was scammed by two men who claimed they loved her.
Palm edges up tracking US soyoil strength
KUALA LUMPUR (July 25): Malaysian palm oil futures extended gains on Thursday morning and hit fresh one-month highs, tracking strength in US soyoil on the Chicago Board of Trade (CBOT). The benchmark ...
Bogus JPJ officer cheats car buyer of RM27,000
GEORGE TOWN: A former civil servant lost RM27,300 to a woman claiming to be a Road Transport Department (JPJ) officer who offered to sell him 67 cars she claimed were being auctioned off by the depart...
Palm falls on weaker soyoil, lower exports
KUALA LUMPUR (June 26): Malaysian palm oil futures fell during the first-half of trade on Wednesday, set for a fifth straight session of declines, as the overnight drop in soyoil prices and poor expor...
Palm tumbles on lacklustre export data
KUALA LUMPUR (June 25): Malaysian palm oil futures slid on Tuesday, logging a fourth consecutive session of declines, as lacklustre export data and softer soyoil prices kept a lid on sentiment.
Najib’s team get papers linked to charges of money laundering
KUALA LUMPUR: The prosecution in former prime minister Datuk Seri Najib Razak’s trial of three money-laundering charges involving RM27mil of SRC International Sdn Bhd funds has served 26 documents containing more than 200 pages related to the trial to the defence team.
SRC trial: 26 documents with about 200 pages served to defence team
KUALA LUMPUR (Bernama): The prosecution in former prime minister Datuk Seri Najib Razak’s trial of three money-laundering charges involving RM27MIL of SRC International Sdn Bhd funds has served 26 documents containing over 200 pages related to the trial to the defence team.
Eight samples test positive for rabies
KUCHING: Eight of the 20 samples received by the State Veterinary Diagnostic Laboratory (SVDL) in the first week of this month have tested positive for rabies.
‘Dota 2’ 2019 tournament tickets on sale May 24
SHANGHAI, May 22 — The world’s biggest video game tournament, Dota 2 competition The International, is to start selling tickets for 2019’s August 20-25 event in Shanghai, China on May 24.
Ride and shine for sahur
GEORGE TOWN: A group on motorcycles has been going around neighbourhoods in Teluk Bahang beating the kompang in the wee hours of the morning.
THE dollar’s strength was broad-based, supported by safe-haven play after President Donald Trump tweeted about raising current tariffs from 10% to 25% on US$200bil worth of Chinese imports and accused the Chinese of backpedalling on trade talks. However, the US dollar erased its weekly gains after April core producer prices unexpectedly edged lower to 0.1% month-on-month (m-o-m) from 0.3% m-o-m in March (consensus: 0.2%).
Ringgit to be volatile against US dollar next week
KUALA LUMPUR: The ringgit is expected to be volatile against the US dollar next week given that global investors would try to get a better reading on US-China trade ties moving forward and their impli...
US-China trade talks end with deal uncertain
WASHINGTON, May 11 ― US President Donald Trump yesterday said he was in no hurry to sign a trade deal with China as Washington imposed a new set of tariffs on Chinese goods and negotiators ended two...
Rosmah’s bribery charge amended
KUALA LUMPUR: The graft charge against Datin Seri Rosmah Mansor, who is accused of receiving a RM5mil bribe over a solar hybrid system project, was amended at the Sessions Court.
More central banks to cut rate
Three central banks in the Asia-Pacific have reduced interest rates this week, offering monetary stimulus to the economy as the US-China trade war continues to pose downside risks to growth.
Trade war may become longer headwind for US firms
CHICAGO: US-China trade tension may become a longer than expected headwind for US corporations as the prospect of additional US tariffs, retaliation from China, and prolonged negotiations rise, says Fitch Ratings.
Malaysian property market: Wake up and smell the coffee
Comment by Pankaj C. Kumar
Much has been commented about the housing market overhang as well as oversupply the past week, mostly coming from the recently released Property Market Report 2018 by National Property Information Center (Napic).
CIMB to lower rates from May 15
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd will decrease their base rate, fixed deposit/fixed return income account-i board rates, base lending rate and base financing rate by 0.25% effective May 15, following Bank Negara recent decision to lower the Overnight Policy Rate (OPR) by 25 basis points.
Palm drops as trade conflict overrides bullish data
KUALA LUMPUR (May 10): Malaysian palm oil futures fell more than 1% by Friday's close, having touched a five-month low, as concern over the U.S.-China trade conflict outweighed data showing easing sto...