Arkib Harian: September 8, 2023

Number of unemployed persons decreased in July 2023, says Stats Dept

Number of unemployed persons decreased in July 2023 says Stats

PUTRAJAYA: The number of unemployed persons in July this year has decreased by 0.4 per cent to 579,200 persons compared to 581,700 persons last month, according to the Department of Statistics Malaysia (DOSM). Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin in a statement issued following the release of the …

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Oil falls on stronger U.S. dollar, China worries; heading for weekly gain

Oil falls on stronger US dollar China worries heading for

TOKYO/SINGAPORE: Oil extended losses on Friday, further receding from this week’s 10-month highs, as fears about the health of China’s slowing economy and a stronger U.S. dollar wiped out the gains triggered by supply cuts from major producers Saudi Arabia and Russia. Brent crude futures dropped 41 cents, or 0.5%, …

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G20 members struggle for consensus on Ukraine as India gears up for summit

G20 members struggle for consensus on Ukraine as India gears

NEW DELHI (Reuters) – Leaders of the Group of 20 major economies began arriving in New Delhi on Friday for their annual gathering as negotiators struggled to bridge differences over the war in Ukraine, seeking to build consensus for a successful summit host India wants. Slums, monkeys and stray dogs …

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Widow, son get close to RM450,000 in custodial death civil suit

Widow son get close to RM450000 in custodial death civil

SEREMBAN: A widow and her son who filed a civil suit against the government and several others following her husband’s death while in police custody have been awarded almost RM450,000 in damages by the High Court here. Judicial Commissioner Wan Fadhilah Wan Idris, when delivering judgment on Friday (Sept 8), …

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TikTok’s new Amazon copycat is full of cheap goods

TikToks new Amazon copycat is full of cheap goods

TikTok’s Shop marketplace, the video app’s biggest bet for new revenue growth, has gone live for some users in the US. So far, it’s a showcase for cheap goods from China. The social media app’s Shop option, prominently displayed between the For You and Following feeds where users watch videos, …

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Malaysia’s natural rubber production down by 4.5% in July

Malaysias natural rubber production down by 45 in July

KUALA LUMPUR: Malaysia’s natural rubber (NR) production decreased by 4.5 per cent to 28,533 tonnes in July 2023 from 29,867 tonnes in June 2023, said the Department of Statistics Malaysia (DoSM). NR production was also down by 24.6 per cent year-on-year from 37,843 tonnes in July 2022, said chief statistician …

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Malay Chamber of Commerce wants GST back but at lower rate

Malay Chamber of Commerce wants GST back but at lower

KUALA LUMPUR: Reintroducing the goods and services tax (GST) will increase the government’s income, says the Malay Chamber of Commerce Malaysia (MCCM). Its president Norsyahrin Hamidon said with GST, the federal administration would be able to use the extra income to provide assistance to those in need aside from spending …

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Stocks stagger as ‘dollar juggernaut’ on a roll

Stocks stagger as dollar juggernaut on a roll

SINGAPORE: Asia’s stockmarkets dipped on Friday, with tech shares tumbling on deepening Sino-U.S. tensions, while the dollar was set to seal its longest winning streak in nine years as investors braced for U.S. interest rates to stay higher for longer. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.2% …

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Online gig work is growing rapidly, but workers lack job protections, a World Bank report says

Online gig work is growing rapidly but workers lack job

WASHINGTON: Online gig work is growing globally, particularly in the developing world, creating an important source of employment for women and young people in poorer countries where jobs are scarce, according to a World Bank report released on Sept 7. The report estimates the number of global online gig workers …

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Tennis: Tennis-Sabalenka fights back to snuff out home hopes of all-American final

Tennis Tennis Sabalenka fights back to snuff out home hopes of

NEW YORK (Reuters) -Second seed Aryna Sabalenka staged a Grand Slam fight back for the ages to rock Madison Keys 0-6 7-6(1) 7-6(5) on Thursday and deny the home crowd the all-American U.S. Open women’s final they had been dreaming of. Sabalenka will now try to heap even more disappointment …

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