Author name: Derek Ho

Energy reforms let Chinese battery makers dominate global market with USb in exports

Energy reforms let Chinese battery makers dominate global market with US$65b in exports

BEIJING, Dec 22 — A revamp of China’s electricity market is boosting the economics ​of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that already dominate globally. Chinese ‌firms are on track for a 75 per cent jump this year in global shipments of lithium-ion battery cells […]

Energy reforms let Chinese battery makers dominate global market with US$65b in exports Read More »

Namewee acquitted in drug use case, still faces separate possession charge

Namewee acquitted in drug use case, still faces separate possession charge

KUALA LUMPUR, Dec 22 — Malaysian rapper Namewee or Wee Meng Chee was today acquitted by the Magistrates’ Court in his drug use case. Magistrate S. Arunjothy ordered Wee’s release following the submission of the chemist’s report in his drug use case earlier. Earlier, Wee’s drug use case came up for mention, during which Deputy

Namewee acquitted in drug use case, still faces separate possession charge Read More »

Ringgit Asia’s best-performing currency this year, on track to strengthen further in 2026

Ringgit Asia’s best-performing currency this year, on track to strengthen further in 2026

KUALA LUMPUR: The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency. Read full story The Star : Business Feed

Ringgit Asia’s best-performing currency this year, on track to strengthen further in 2026 Read More »

US pursues third sanctioned oil tanker in Caribbean amid Venezuela pressure

US pursues third sanctioned oil tanker in Caribbean amid Venezuela pressure

US Coast Guard pursues a third sanctioned tanker near Venezuela, escalating pressure on Caracas’s oil sector and sanctions evasion efforts. WASHINGTON: The US Coast Guard is actively pursuing another sanctioned oil tanker in the Caribbean Sea, a US official confirmed on Sunday. This marks the third such operation in recent weeks as Washington intensifies pressure

US pursues third sanctioned oil tanker in Caribbean amid Venezuela pressure Read More »

Over 500,000 displaced in Cambodia by border clashes with Thailand

Over 500,000 displaced in Cambodia by border clashes with Thailand

Cambodia’s interior ministry reports over half a million people displaced by two weeks of border clashes with Thailand, as regional ministers prepare to meet. PHNOM PENH: More than half a million people in Cambodia have been displaced from their homes by two weeks of deadly border clashes with neighbouring Thailand. The interior ministry said on

Over 500,000 displaced in Cambodia by border clashes with Thailand Read More »

Terengganu JPJ issues 24,954 summonses, seizes 806 motorcycles in 2025 crackdown

Terengganu JPJ issues 24,954 summonses, seizes 806 motorcycles in 2025 crackdown

KUALA TERENGGANU, Dec 21 — A total of 16,396 motorcycle owners and riders have been penalised for various offences during Ops Motosikal, carried out in Terengganu from Jan 1 until yesterday. State  Road Transport Department (JPJ) director, Mohd Zamri Samion said 81,107 motorcycles were inspected during the operation which resulted in the issuance of 24,954

Terengganu JPJ issues 24,954 summonses, seizes 806 motorcycles in 2025 crackdown Read More »

Malaysia anjur mesyuarat khas ASEAN bincang ketegangan Kemboja-Thailand

Malaysia anjur mesyuarat khas ASEAN bincang ketegangan Kemboja-Thailand

Malaysia selaku Pengerusi ASEAN akan menganjurkan mesyuarat khas menteri luar bagi membincangkan situasi terkini antara Kemboja dan Thailand pada Isnin. PUTRAJAYA: Malaysia akan menganjurkan Mesyuarat Khas Menteri-Menteri Luar Negeri ASEAN mengenai Situasi Terkini antara Kemboja dan Thailand di Kuala Lumpur pada Isnin. Mesyuarat itu adalah susulan persetujuan yang dicapai oleh Perdana Menteri Malaysia Datuk Seri

Malaysia anjur mesyuarat khas ASEAN bincang ketegangan Kemboja-Thailand Read More »

IMF assessment affirms Malaysia’s strong economic fundamentals

IMF assessment affirms Malaysia’s strong economic fundamentals

IMF evaluation highlights Malaysia’s economic resilience, prudent policies and strong domestic demand, with GDP growth at 5.2% in Q3 2025. KUALA LUMPUR: The International Monetary Fund’s assessment of Malaysia’s economy underscores the critical role of prudent macroeconomic and financial policies in anchoring growth. Putra Business School economist Associate Professor Ahmed Razman Abdul Latiff said the

IMF assessment affirms Malaysia’s strong economic fundamentals Read More »

Trump to urge health insurers to voluntarily cut prices amid premium surge

Trump to urge health insurers to voluntarily cut prices amid premium surge

President Trump says he will ask US health insurers to voluntarily lower costs, as expiring subsidies threaten a politically damaging premium surge. WASHINGTON: President Donald Trump said he will urge US health insurance executives to voluntarily lower costs. He made the off-the-cuff remark while announcing that nine more pharmaceutical companies had joined his drug pricing

Trump to urge health insurers to voluntarily cut prices amid premium surge Read More »