PETALING JAYA: The dark clouds forming on the global economic horizon indicate Bank Negara’s monetary policy objective will have a pro-growth bias as gross domestic product (GDP) growth and inflation moderates in the second half of 2023 (2H23). Economists think this will be articulated by the Monetary Policy Committee (MPC) …

(Reuters) -Deforestation in Brazil’s Amazon fell 66.11% in August to its lowest level for the month since 2018, Environment Minister Marina Silva said on Tuesday, in a significant mark for its environmental policy as destruction often spikes this time of year. Satellite data from Brazilian space research agency INPE indicated …

PETALING JAYA: Malaysia Airlines used to be one of the top 10 airlines in the world. This, however, changed drastically over the past decade amid poor management and continued net losses despite billions of ringgit in government bailout. In 2015, the airline’s then chief executive even declared that Malaysia Airlines …

BUENOS AIRES (Reuters) – Priests from poor districts in Buenos Aires held a mass on Tuesday to defend Argentine Pope Francis after radical right-wing presidential candidate Javier Milei denounced him as an “imbecile” and “representative of evil”. Milei, an outsider libertarian economist, is leading in the polls ahead of an …

KUALA LUMPUR: The Grab-led digital bank, GX Bank Bhd (GXBank) has completed an operational readiness review and has been approved to commence operations effective Sept 1, 2023, by the Minister of Finance and Bank Negara. The latest development makes GXBank the first of the five digital bank licence applicants to …

RUEIL MALMAISON, France (Reuters) – New Zealand took a record beating by South Africa last month, but France are wary of the threat the All Blacks will pose when the two heavyweights face each other in the World Cup curtain raiser on Friday. Although they were hammered 35-7 by the …

LIBREVILLE (Reuters) – Central African Republic President Faustin Touadera held closed-door talks with Gabon’s junta-appointed leader in Libreville on Tuesday in the wake of the main regional bloc’s condemnation of the Aug. 30 coup. Central African bloc ECCAS has suspended Gabon’s membership, but has so far stopped short of imposing …

PLAURU, Romania (Reuters) – Fishing on the Romanian shore of the Danube on Tuesday, beekeeper Gabi Popescu could see barges loading grain in the Ukrainian river port of Izmail, a day after Russia launched its third overnight strike against port infrastructure. The attack rattled windows in the Romanian border village …

NEW YORK (Reuters) – Taylor Fritz will look to take a major step toward becoming the first American man in 20 years to win a Grand Slam when he faces Novak Djokovic in the U.S. Open quarter-finals on Tuesday while compatriot Coco Gauff headlines action in the women’s draw. Fritz …

ROME (Reuters) – French President Emmanuel Macron must say whether his country was to blame for an Italian air disaster that killed 81 people more than 40 years ago, former Italian Prime Minister Giuliano Amato said on Tuesday. Italian judges have said in the past that a missile likely downed …