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| Indonesia Open: Zii Jia cruises into quarterfinals |
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Posted by: superadmin - 06-16-2022, 11:15 AM - Forum: Badminton
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KUALA LUMPUR – Lee Zii Jia makes it into the quarterfinals of the Indonesian Open after taking down India’s Sameer Verma 21-10, 21-13 in Jakarta today.
As the first match of the day, the Indonesian crowd cheered Zii Jia on as he led the entire first set to make easy work of the Indian, winning it with an 11-point gap.
Verma kept making it a closer battle in the second set, but he was no match for the world number five as Zii Jia closed out the match in 40 minutes.
Zii Jia will either face Frenchman Toma Junior Popov or neighbour Loh Kean Yew from Singapore tomorrow in the quarterfinals.
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| Hamidin praises Pan-gon for Harimau Malaya success |
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Posted by: superadmin - 06-16-2022, 11:10 AM - Forum: Football
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KUALA LUMPUR – South Korean Kim Pan-gon was announced as the new head coach of the national football team in January and has since done what none of his recent predecessors have ever been able to do for Malaysia – qualify for the Asian Cup.
According to Football Association of Malaysia president Datuk Hamidin Mohd Amin, not everyone is cut out to become a great international team head coach, but Pan-gon deserves the credit.
“To be a good coach for an international team, especially one that is not your nationality, is not a simple task.
“You can’t just take any coach and expect them to make a country perform on an international stage,” he said after Malaysia’s 4-1 defeat over Bangladesh that secured their spot in the 2023 Asian Cup.
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| Xi, Putin hold phone call, vow mutual support amid global turbulence |
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Posted by: superadmin - 06-16-2022, 10:16 AM - Forum: Politics
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Chinese President Xi Jinping on Wednesday afternoon held a phone conversation with his Russian counterpart Vladimir Putin, with analysts saying this is a signal to the world that the close China-Russia strategic partnership and high-level mutual trust between the two sides remain unchanged when the world is experiencing turbulence and uncertainty.
The NATO summit and the BRICS summit will be held later this month, and the communication between the top leaders of China and Russia is also sending a message to the world that the two major powers will continue to have mutual support on matters regarding their core interests and will keep pushing the multi-polarization of the international order, experts said.
There is no chance for the West to use the Russia-Ukraine crisis to instigate China-Russia ties and China's stance with fairness and justice has won the understanding of both Russia and Ukraine, observers noted.
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| Loke slams Najib’s ‘irresponsible’ denial on graft claims |
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Posted by: superadmin - 06-16-2022, 10:06 AM - Forum: Stop Corruptions
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PETALING JAYA: DAP secretary-general Loke Siew Fook has criticised Najib Razak’s claim that he had not been accused of stealing in his corruption trials, but only of money laundering, from which he did not benefit.
Loke wondered if the former prime minister thought Malaysians were fools in making such a claim.
He said Najib would not have been charged with money laundering if the funds were not alleged to have been obtained illegally.
“So, for him to say it (money laundering) is not a form of corruption is irresponsible. He thinks he is innocent,” he said during a talk show streamed online last night.
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| Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase |
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Posted by: superadmin - 06-16-2022, 09:49 AM - Forum: Business, Economy and Investment
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- The Federal Reserve raised its benchmark interest rates three-quarters of a percentage point in its most aggressive hike since 1994.
- According to the “dot plot” of individual members’ expectations, the Fed’s benchmark rate will end the year at 3.4%, an upward revision of 1.5 percentage points from the March estimate.
- Officials also significantly cut their outlook for 2022 economic growth, now anticipating just a 1.7% gain in GDP, down from 2.8% from March.
The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994.
Ending weeks of speculation, the rate-setting Federal Open Market Committee took the level of its benchmark funds rate to a range of 1.5%-1.75%, the highest since just before the Covid pandemic began in March 2020.
Stocks were volatile after the decision but turned higher as Fed Chairman Jerome Powell spoke in his post-meeting news conference.
“Clearly, today’s 75 basis point increase is an unusually large one, and I do not expect moves of this size to be common,” Powell said. He added, though, that he expects the July meeting to see an increase of 50 or 75 basis points. He said decisions will be made “meeting by meeting” and the Fed will “continue to communicate our intentions as clearly as we can.”
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| Electric surcharge in July inevitable, but over 5 mil consumers spared: source |
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Posted by: superadmin - 06-16-2022, 09:00 AM - Forum: Business. Economy and Investment
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KUALA LUMPUR – Some five million households are likely to be spared from an impending surcharge on electricity consumption that may come into effect next month.
According to a source familiar with the matter, it is understood that consumers with bills of less than RM77 per month, or with a monthly consumption of 300 kilowatt hour (kWh) and below, may not be subjected to the surcharge.
This pool of consumers, who are said to be mostly from the lower-income groups, is estimated to constitute about 70% of the 7.9 million of Tenaga Nasional Bhd’s (TNB) domestic consumer base.
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| YOURSAY | Hassan ‘brave’ in speaking out on Najib’s palace visit |
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Posted by: superadmin - 06-16-2022, 08:50 AM - Forum: Stop Corruptions
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Headhunter: MACC special committee member Hassan Abdul Karim, thank you for having the courage to spell out what is on the mind of most Malaysians. We certainly need personalities like you to speak up.
Due to the respect we have for the Agong and fear for the powers that be, most of us chose to keep our mouths shut. After all, they think we are nobodies. Even the opposition is as quiet as a mouse.
As you said, the Agong's advisers should know better. Unfortunately, this is not the first and neither will it be the last.
As for former prime minister Najib Razak, we all know how desperate he is and he will do just about anything to save his own skin even when we all think his case is a foregone conclusion.
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