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| Minister says bank takeover prevented Swiss economy collapse |
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Posted by: superadmin - 04-09-2023, 06:51 AM - Forum: Business, Economy and Investment
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GENEVA: Swiss finance minister Karin Keller-Sutter said Switzerland’s economy would probably have collapsed had Credit Suisse gone bankrupt, in an interview published today.
Keller-Sutter told Le Temps newspaper that the government had acted in the country’s best interests in swiftly arranging the takeover of Switzerland’s second-biggest bank by its larger domestic rival UBS.
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| Asean should remain neutral zone amid China-US tensions: Anwar |
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Posted by: superadmin - 04-08-2023, 10:54 AM - Forum: Politics
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KUALA LUMPUR – Asean should remain independent and a neutral zone amid the heightened rivalry between the United States and China, said Prime Minister Datuk Seri Anwar Ibrahim.
He said this in an interview with China’s national broadcaster CCTV aired last night. The interview was recorded during his three-day official visit to Beijing last week.
Anwar noted that Asean was formed to promote regional peace and stability, and cooperation among its member states – and these objectives should be maintained.
Malaysia was one of five founding members when Asean was established in 1967.
“That position continues. We don’t want the region to be the base for military competition. “That position has been quite consistent although we remain friendly to all countries,” he said in the interview.
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| Hyundai IONIQ 6 sweeps World Car of the Year, EV, Design of the Year |
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Posted by: superadmin - 04-07-2023, 10:50 AM - Forum: Business, Economy and Investment
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HYUNDAI Motor Company’s acclaimed IONIQ 6 Electrified Streamliner has won the prestigious World Car of the Year, World Electric Vehicle (EV) and World Car Design of the Year awards, lauded by an international jury for its unique aerodynamic design and outstanding all-electric range.
World Car Awards revealed the results at a ceremony held at the New York International Auto Show (NYIAS) today.
Besides, a jury of 100 automotive journalists from 32 countries chose the IONIQ 6 from the top three finalists, all launched in 2022.
This is Hyundai’s second straight triple honour at the World Car Awards. Last year, the jury named IONIQ 5 the winner in the same categories.
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| Politicians should stay out of political education in schools, says Syed Saddiq |
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Posted by: superadmin - 04-07-2023, 07:26 AM - Forum: Politics
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PETALING JAYA: Muda president Syed Saddiq Syed Abdul Rahman says he will agree with the idea of having political education programmes in secondary schools and universities only if political parties don’t get involved.
The Muar MP said he supported having political education programmes, particularly to educate students on the Federal Constitution, statehood and democracy.
However, he maintained that political parties should not be involved in these programmes, citing the National Civics Bureau (BTN) introduced by the previous Barisan Nasional (BN) government.
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