Latest news with #RM486
![MARKET PULSE PM AUG 7, 2025 [WATCH]](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2FHQ050525HR016bursa_1754564411.jpg&w=3840&q=100)
![MARKET PULSE PM AUG 7, 2025 [WATCH]](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fassets%2FNST-Logo%402x.png%3Fid%3Db37a17055cb1ffea01f5&w=48&q=75){kind=small}
New Straits Times
4 days ago
- Business
- New Straits Times
MARKET PULSE PM AUG 7, 2025 [WATCH]
KUALA LUMPUR: News on stock, crypto and ringgit moves. Bursa Malaysia ended the trading day higher today, recovering from a subdued morning session, supported by broad-based buying in utility and technology counters. Investors responded positively to reports that several of the region's top chipmakers may get exemptions from the US' proposed tariff on semiconductor imports. The news helped lift tech-linked counters across Asia, including on Bursa Malaysia. The ringgit, meanwhile, strengthened against the US dollar, closing at 4.2270. In cryptocurrencies, the largest digital asset, Bitcoin, slid to RM486,469. Ethereum, however, rose to RM15,698, while Solana stood at RM717. That wraps up today's Market Pulse.
![MARKET PULSE AM AUG 7, 2025 [WATCH]](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2FHQ150125HR016_%25284%2529_1754535619.jpg&w=3840&q=100)
New Straits Times
4 days ago
- Business
- New Straits Times
MARKET PULSE AM AUG 7, 2025 [WATCH]
KUALA LUMPUR: News on the latest moves on the stock and crypto markets. Bursa Malaysia opened on a positive note, following Wall Street's upbeat sentiment driven by Apple's additional investments, despite concerns over a possible 100pct tariff on imported semiconductors. The local bourse is anticipated to trade within the range of 1,535 to 1,545. Pharmaniaga was among the most actively traded stocks on the market today after announcing the completion of its PN17 regularisation plan. The stock declined by five per cent to 17 and a half sen, with 21 million shares changing hands. In the cryptocurrency market, Bitcoin is trading around RM486,159, while Ethereum remains elevated at RM15,599. That's it for Market Pulse. kzn0vMj5nCw
![MARKET PULSE PM AUG 4, 2025 [WATCH]](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2FHQ050525HR017_1754305213.jpg&w=3840&q=100)
New Straits Times
7 days ago
- Business
- New Straits Times
MARKET PULSE PM AUG 4, 2025 [WATCH]
KUALA LUMPUR: News on stock, crypto and ringgit moves. Bursa Malaysia ended lower on Monday as investors capitalised on Friday's sharp rally to lock in profits. The decline signals a healthy market consolidation, driven by profit-taking and heightened caution amid ongoing global economic uncertainties. The ringgit, however, strengthened to 4.2390 against the greenback. In the crypto market, Bitcoin continues its downtrend, falling to RM486,998. Ethereum also dropped to RM15,115, while Solana down to RM695. That wraps up today's Market Pulse.
Malaysiakini
15-06-2025
- Business
- Malaysiakini
MCA Youth slams govt over Dr M's RM486k Japan trip
MCA Youth criticised the government's decision to approve RM486,000 expenditure for former prime minister Dr Mahathir Mohamad's two-day trip to Japan for the Nikkei Forum last month, questioning its financial priorities at a time of economic strain. 'Who is really tightening their belts? The people, or you, so-called reformist leaders?' MCA Youth central committee member Lee Kok Seng asked in a statement today. He pointed out that the average Malaysian worker...
New Straits Times
13-06-2025
- Business
- New Straits Times
Anwar: Govt paid RM486k for Dr M's official visit to Japan
MELAKA: The government bore almost half a million ringgit in costs for former prime minister Tun Dr Mahathir Mohamad's trip to Japan to attend the annual Nikkei conference last month, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar said the government had allocated approximately RM486,000 for the visit after receiving a formal application from Dr Mahathir. "There are existing provisions for former prime ministers to apply for government support for official travel, and if the sitting prime minister approves, the government will bear the cost, including for Tun Mahathir, who recently requested to attend the Nikkei conference in Japan. He applied, and I approved it. I believe the delegation comprised around seven people. "People ask me why we paid for him. He is entitled to apply, but the decision lies with the sitting prime minister. I decided to approve the RM486,000 for him to go to Japan. "I just don't want anyone to misunderstand. I don't want to take a negative attitude. Despite his daily criticisms of the government, we still approved his travel application," Anwar told reporters here today. On May 30, Dr Mahathir was reported to have attended and delivered a speech at the annual Nikkei Future of Asia conference, a platform he has attended regularly over the years. In a separate development, Anwar said he was giving time to two cabinet ministers who recently submitted resignation letters, encouraging them to reconsider their decisions. The prime minister said he had received letters from the two ministers applying for leave and resignation, but had only approved their leave for now. "Let them think about it. Personally, I would prefer that they rejoin the cabinet," he said. The ministers in question, Economy Minister Rafizi Ramli and Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad, reportedly submitted their resignations following defeats in recent party elections. Anwar was speaking after attending an organisational empowerment seminar and a closed-door meeting with PKR leaders here today. Also present were PKR vice-presidents Datuk Seri Amirudin Shari and Datuk Seri R. Ramanan, secretary-general Senator Fuziah Salleh, Wanita chief Fadhlina Sidek, Youth chief Muhammad Kamil Abdul Munim, and Hang Tuah Jaya division chief Datuk Seri Shamsul Iskandar Mohd Akin. During the seminar, Anwar urged PKR members to heal internal rifts and put aside dissatisfaction following the party polls last month. He also emphasised the need for unity and maturity for the party's greater mission. "Imagine this, I can work with Umno, even hugging it out. Surely, we can move past our internal disagreements too. Let's move on for the bigger agenda," he added.
