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Iron ore slumps after rise

Commodity falls 29% after peaking at over US$70 in April


Oil states to keep status quo as price gains

LONDON: The Organisation of Petroleum Exporting Countries (Opec) members gathering in Vienna on June 2 are expected to fall in with a Saudi Arabia-led policy focused on squeezing out rivals as oil’s recovery shows the strategy is working.

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Youth-backed movements challenge political parties

JAKARTA: Politics is generally considered a serious business, and political movements in this country are traditionally organised by party elites.


KLCI ends May on weak note, ringgit down nearly 5%

KUALA LUMPUR: A late push of the FBM KLCI on buying of selected blue chips on Tuesday proved futile as the index ended down nearly four points on selling pressure as the ringgit put up its worst performance in recent months.


India set to retain fastest growing economy tag

NEW DELHI: India probably gathered momentum to hold its ranking as the world's fastest growing large economy in the quarter through March, giving Prime Minister Narendra Modi more to celebrate after completing two years in office last week.


Support Line

Brite-Tech, Oldtown and Sersol.


Wawrinka keeps up winning run to reach Paris quarters

PARIS (Reuters) - The weather was dull and wet but that did not stop a beaming Stan Wawrinka from having plenty of fun on Sunday as he enjoyed a mid-match rally with a ballboy before twirling 360 degrees on court to take a selfie-video with 10,000 French Open spectators.


MPB upbeat about global pepper market despite lower prices

KUCHING: Malaysian Pepper Board (MPB) remains upbeat about the prospect of the global pepper market despite recent pull back in the prices of the commodity from their historical peaks.


Iran says its pilgrims will not attend haj in Saudi Arabia

DUBAI (Reuters) - Iran's Haj and Pilgrimage Organisation said on Sunday the country's pilgrims would not attend the annual Muslim haj pilgrimage, blaming regional rival Saudi Arabia for "sabotage" and failing to guarantee the safety of pilgrims.


Australia police use pepper spray as nationalists clash with anti-racism protesters

(Reuters) - Australian police used pepper spray to break up clashes between rightwing nationalists and anti-racism protesters on the streets of Melbourne on Saturday as Prime Minister Malcolm Turnbull said eliminating racism was still a "work in progress".