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Fire injures two Romanian crew of vessel off Port Dickson
PETALING JAYA: Two Romanian crew members of a bulk carrier suffered burns following exposure to fuel oil while on duty in the engine room of the MV Rapallo.
Ex-1MDB chief: I was concerned about firm’s debts
KUALA LUMPUR: A former 1Malaysia Development Bhd (1MDB) CEO told the High Court that he wanted to resign from the position amid concerns that the company was riddled with debts.
Former 1MDB CEO worried over company's high debts, wanted to resign, court told
KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abd Rahman told the High Court Thursday (Sept 17) that he wanted to resign from the position amid concerns of the company being riddled with debts.
Opposition slammed over malicious EPF claim
KUALA LUMPUR: Datuk Seri Abdul Rahman Dahlan has slammed Opposition leaders for claiming that the Employees Provident Fund (EPF) is in financial crisis.
Rahman Dahlan: Opposition malicious with EPF claims
PETALING JAYA: Datuk Abdul Rahman Dahlan has lashed out at the opposition for "maliciously" claiming that the Employees Provident Fund (EPF) is facing financial difficulties.
Treasury Pulse : Global Forex Market
DESPITE the Fed chair’s speech on Wednesday stating that the robust US economy could lead to faster rate hikes this year, the Dollar Index barely moved, closing at 101.15. The S&P 500 index fell 0.5% led by declines in financials, banks and healthcare sectors. It was a favourable week for US data as consumer prices and producer prices both inched up to 0.3% m/m in December while retail sales improved to 0.6% m/m. Industrial production had also expanded to 0.8% m/m supported by all major industry groups. Brent oil price fell by 2.3%, closing at US$54.16 on Friday following American Petroleum Institute (API) report showing huge gasoline build and US shale oil.
Global forex market
THE US dollar got off to a firm start with end of month activity, positioning and book balancing after a volatile month.
Ahmad: Only small risk in EPF’s 1MDB investments
KUALA LUMPUR: There is only a small risk in the investments made by the Employees Provident Fund in the 1Malaysia Development Bhd takeover of two independent power producers, said Deputy Finance Minister Datuk Ahmad Maslan (pic).
