Arkib Harian: February 21, 2024

China boosts Asian shares as investors brace for Nvidia earnings

China boosts Asian shares as investors brace for Nvidia earnings

SINGAPORE: Chinese markets lifted Asian stocks on Wednesday on optimism over steps taken by policymakers to boost confidence, while looming earnings from Nvidia kept investors on edge following the recent frenzied AI-driven global rally. Financial markets will also look out for the minutes of the Federal Reserve’s last meeting in …

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Treated water quality in Penang unaffected by discharge from duck farm, says PBAPP

Treated water quality in Penang unaffected by discharge from duck

GEORGE TOWN: The discharge from a duck farm in Sungai Lembu, which led to the pollution of two rivers in Kedah, did not affect the quality of treated water in Penang, says the Penang Water Supply Corporation (PBAPP). Its chief executive officer K. Pathmanathan said that water quality tests jointly …

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Raising OPR not the right move in PM’s view, says Fahmi

Raising OPR not the right move in PMs view says

PUTRAJAYA: Amid calls for the overnight policy rate (OPR) to be raised, the Prime Minister believes that increasing it to strengthen the ringgit’s value will not help the people, says Fahmi Fadzil. The government spokesman said Datuk Seri Anwar Ibrahim believed the move would affect the people even more. “There …

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Investors march out of Malaysia, bring ringgit to 1998 lows

Investors march out of Malaysia bring ringgit to 1998 lows

SINGAPORE: Malaysia’s ringgit is trading at lows not seen since the Asian Financial Crisis as outflows, foreign currency hoarding and a strong dollar pile on pressure. The currency is the first in Asia to break below October 2023 levels on the dollar. It touched 4.801 to the dollar on Wednesday, …

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Tennis: Tennis-Ace machine Karlovic calls time on ‘unorthodox’ career

Tennis Tennis Ace machine Karlovic calls time on unorthodox career

(Reuters) – Towering Croat Ivo Karlovic announced his retirement from tennis at the age of 44 on Wednesday, bringing the curtain down on a career that saw him fire more than 13,000 aces past bewildered opponents. Standing 2.11m tall, Karlovic’s huge serves and unorthodox style caused problems for some of …

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RM7.6mil in drugs seized, trafficking ring busted in Cheras raids

RM76mil in drugs seized trafficking ring busted in Cheras raids

KUALA LUMPUR: Some RM7.6mil worth of drugs have been seized following raids at luxury condominiums in Cheras. Two men, including the suspected syndicate’s 41-year-old mastermind, were also detained packing the drugs for distribution. Bukit Aman Narcotics Crime Investigation Department (NCID) director Comm Datuk Seri Mohd Kamarudin Md Din said police …

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South Korea doctors’ protest disrupts hospital services

South Korea doctors protest disrupts hospital services

SEOUL (Reuters) -Emergency rooms in South Korea are overcrowded, with major hospitals having to cancel scheduled surgeries, after thousands of trainee doctors joined a protest walkout on Wednesday, media said, as a minister warned of danger to seriously ill patients. The walkout, prompted by a government plan to admit more …

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Oil rises as investors weigh Red Sea attacks, US rate cut outlook

Oil rises as investors weigh Red Sea attacks US rate

NEW DELHI: Oil prices regained some ground in Asian trade on Wednesday amid concerns over attacks on shipping in the Red Sea and growing expectations that cuts to U.S. interest rates will take longer than thought. Brent crude futures rose 24 cents or 0.3% to $82.58 a barrel by 0721 …

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iPhone SOS alert sends California rescuers on trek through knee-deep streams

iPhone SOS alert sends California rescuers on trek through knee deep

The SOS message was nothing new to the California rescue crew. It arrived via satellite through an emergency feature that is on newer iPhones. This kind of mission is rapidly becoming par for the course for people in search and rescue. “Another iPhone 14 save!” said rescuer Mike Leum of …

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Manufacturing industry at 79.8% operating capacity in 4Q23 – DoSM

Manufacturing industry at 798 operating capacity in 4Q23 DoSM

KUALA LUMPUR: The manufacturing industry operated at 79.8 per cent capacity in the fourth quarter of 2023 (4Q 2023), edged down by 0.4 percentage points, from a rate of 80.2 per cent in 4Q 2022, said the Department of Statistics Malaysia (DoSM). In a statement today, chief statistician Datuk Seri …

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