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Syrians hope for economic recovery after West lifts sanctions

DAMASCUS 23 May (AFP) - At a currency exchange in Damascus, Anas al-Shammaa is one of many Syrians hopeful that promised relief from Western sanctions will help revive their country's economy after years of war and isolation.

 

US Senate blocks California's electric vehicle mandate

WASHINGTON 23 May (AFP) - US senators on Thursday blocked California's landmark mandate phasing out gas-powered cars, dealing a blow to the state's move towards electric vehicles in a pointed rebuke of Democratic climate change policies.

Luxembourg bank fined over Malaysian 1MDB fund scandal

LUXEMBOURG 23 May (AFP) - A Luxembourg court Thursday fined Edmond de Rothschild bank 25 million euros ($28 million) for its role in a money-laundering scandal in which a Malaysian wealth fund lost billions of dollars.

 

Rafizi Ramli and the Madani Experiment: Between Economic Architect and Narrative Strategist

As Malaysia’s new Cabinet steps into its full stride, it does so under the weight of the Madani Economic Framework — a bold, seven-pronged agenda designed to re-anchor Malaysia’s economic and social trajectory over the next decade.

 

But ambition alone is not strategy.

G7 finance chiefs hold talks under strain of Trump tariffs

BANFF, Canada 22 May (AFP) - G7 finance ministers held talks Wednesday on thorny issues like the economic disruption caused by US President Donald Trump's tariffs and support for Ukraine, seeking to find a common voice.

 

Bitcoin hits record high amid optimism over US legislation

LONDON 22 May (AFP) - Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States.

 

Asian markets drop after US loses last triple-A credit rating

HONG KONG 19 May (AFP) - Asian stocks fell with the dollar Monday after Moody's removed the United States' last gold standard sovereign bond rating, citing the growing debt pile that it warned could balloon further.

 

Oil prices fall on hopes for Iran nuclear deal

NEW YORK 16 May (AFP) - Oil prices fell Thursday while global equities were mixed after President Donald Trump said the United States was close to making a deal on Iran's nuclear program.

 

Oliver Healthcare Packaging opens state-of-the art manufacturing facility in Johor to meet the needs of pharmaceutical and medical device companies in Asia-Pacific
From (L-R): Mr. Mohd Reduan Mohd Zabri, Director, Johor Office Malaysia Investment Development Authority (MIDA), Mr.
Tenchijin to Share Expertise in Satellite Data Applications at Penang Slush'D 2025

PENANG, MALAYSIA - Media OutReach Newswire - 15 May 2025 - Tenchijin Inc., a space-tech innovator based in Tokyo, will participate as a featured speaker at Penang Slush'D 2025, taking place from May 19-21, 2025, in Georgetown, Penang, Malaysia.

APEC trade ministers meet in South Korea amid US-China trade tensions

JEJU, South Korea 15 May (AFP) - Trade ministers from the top economies that make up the Asia-Pacific Economic Cooperation, or APEC, are meeting on South Korea's Jeju island from Thursday as trade cooperation falters globally.

 

With Trump's second term, Big Tech embraces US exceptionalism

WASHINGTON 15 May (AFP) - Big tech companies are increasingly waving the US flag in Washington where President Donald Trump is back in charge, pushing his America First agenda.

 

China, US slash sweeping tariffs in trade war climbdown

BEIJING 15 May (AFP) - The United States and China slashed sweeping tariffs on each others' goods for 90 days on Wednesday, marking a temporary de-escalation in a brutal trade war that roiled global markets and international supply chains.

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