A federal appeals court has temporarily reinstated President Donald Trump’s reciprocal tariffs. The United States Court of Appeals for the Federal Circuit in Washington said it was pausing the lower court’s ruling to consider the government’s appeal. It effectively ruled against the US Court of International Trade to delay the implementation of tariffs. The trade…
A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued for leniency due to his cooperation. Timothy Leissner, a key architect of the massive bribery and kickback scheme involving a Malaysian sovereign wealth fund, will begin serving a 24-month sentence in…
The ringgit opened stronger against the US dollar today, boosted by improved investor confidence in emerging market currencies after a US court temporarily halted a decision to block most Trump-era import tariffs, an analyst said, Bernama reported. At 8am, the local note surged to 4.2180/4.2485 versus the greenback from Thursday’s close of 4.2390/4.2475. Bank Muamalat…
Former minister Khairy Jamaluddin, better known as KJ, has dismissed speculations regarding a cabinet comeback as he has his hands full. “I just want to say that I have a lot of unfinished projects and business that I need to take care of. I’m quite happy doing what I’m doing for the time being. “At…
Aging workforce is a growing threat to the agriculture sector and food security since nearly half of the country’s farmers are 60 and above, said deputy prime minister Datuk Seri Fadillah Yusof. This in turn affected productivity and Malaysia’s ability to sustain domestic food production. “To ensure the sector’s sustainability, we must attract more youths…
Elon Musk is quitting his position in the Trump administration. This comes one day after he criticised a bill that Trump called “a big, beautiful bill”. Musk confirmed his departure via X. “As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity…
A three-judge panel at the New York-based Court of International Trade has blocked President Donald Trump from imposing sweeping tariffs on imports under emergency powers law. “The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the court wrote, referring to the 1977…
Prime Minister Datuk Seri Anwar Ibrahim has called for the notion of sovereignty to be reviewed since artificial intelligence and digital security has permeated various sectors of life. “It (concept of sovereignty) has to be reviewed, repurposed to protect the security of the nation,” he was quoted as saying during a panel session at the…
As the Sabah state election looms, a party that needs to be focused on is the United Progressive Kinabalu Organisation (UPKO) which is a component party of Pakatan Harapan. This party is vital, especially in securing the Kadazan Dusun Murut (KDM) vote bank for PH. For now, UPKO information chief Peter Jr Naintin has opted…
The recent statement by PAS MP for Bachok accusing the government of engaging in “family drama” and chanting Ekonomi Madani slogans without bringing real change is not only misleading but dangerously divorced from economic reality. Such populist rhetoric, unsupported by data or vision, undermines serious efforts to rebuild Malaysia after years of institutional decay, corruption,…
