Gold rises as US dollar weakens
CHICAGO: Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as the US dollar index weakened, according to Xinhua. The most active gold contract for August delivery rose 13.40 US dollars, or 0.68 per cent, to close at 1,995.50 dollars per ounce. The market is waiting for the monthly jobs report […]
Tomei optimistic on gold demand, profitability
KUALA LUMPUR: Tomei Consolidated Bhd is optimistic that the demand for gold would remain steady despite the current higher prices, thus, ensuring that the manufacturer and retailer of jewellery to stay profitable in the financial year 2023 (FY2023). Managing director Datuk Ng Yih Pyng said spending on gold for cultural and investment purposes would continue […]
Muscleman Buda brings home gold
KUCHING: Sarawak bodybuilder Buda Anchah’s success in winning two gold medals in the 54th Asian Bodybuilding and Physique Sports Championship held in the Maldives recently clearly shows the great achievement of Sarawak’s athletes. Minister of Youth, Sports and Entrepreneur Development Datuk Seri Abdul Karim Rahman Hamzah said the 50-year-old bodybuilder emerged as the champion in […]
Gold target revision on the table at next OCM meeting
IPOH: The revision of Malaysia’s gold medal target for the 2022 Birmingham Commonwealth Games following the unavailability of two gold prospects, Lee Zii Jia and S. Sivasangari, as well as the progress of the athletes’ preparations will be discussed at the next Olympic Council of Malaysia (OCM) meeting, said chef de mission (CDM) Datuk Shahrul […]
Dung is ‘gold’, India’s new energy cash cow
INDORE: India is tapping a new energy source that promises to help clean up smog-choked cities and is already providing a vital revenue stream for poor Indian farmers: truckloads of bovine manure. Cows are venerated as sacred creatures by the country’s Hindu majority. They also have pride of place in India’s rural communities, where they […]
UTeM bags gold medal for drone innovation at WICO 2021
MELAKA: Four Universiti Teknikal Malaysia Melaka (UTeM) students bagged the gold medal at the 2021 World Invention Creativity Olympics (WICO) in Seoul, South Korea recently through their drone innovation. UTeM’s Mechanical Engineering Faculty (FKM) senior lecturer and project supervisor Dr Juffrizal Karjanto said in a statement today, the drone has a speed of up to […]
Bonnie’s victory opens achievement path for others
KUCHING: Bonnie Bunyau Gustin’s victory at the Para Powerlifting World Cup in Dubai will be able to inspire other para-athletes to train hard and achieve their dream, said Datuk Seri Fatimah Abdullah. The Welfare, Community Wellbeing, Women, Family and Childhood Development (KWKPK) Minister lauded the powerlifting para-athlete’s achievement in smashing the world record for the […]
CPO may hit RM3,800 per tonne in Q3, Q4 2021
KUALA LUMPUR: Crude palm oil (CPO) price may hit RM3,800 per tonne in the third (Q3) and fourth quarters of 2021, leading to an average price of RM3,678 per tonne this year for the commodity, said OCBC Bank. The bank’s commodity outlook report for 2021, released today, showed that CPO touched RM3,612 per tonne in […]
Sarawak para lifters bring pride to country
KUCHING: Sarawak para powerlifting athletes who bagged three golds and one bronze medal at the just recently concluded 2021 World Para Powerlifting World Cup in Bangkok have brought pride to their home state. Welfare, Community Wellbeing, Women, Family and Childhood Development Minister Datuk Seri Fatimah Abdullah, who couldn’t contain her joy and pride, said the […]
Don’t be fooled by online gold rush
By Siti Shafiah Ariffin KUALA LUMPUR: Gold jewellery have long been coveted by women across the globe as it is thought to enhance beauty and femininity, in addition to being considered an asset of investment. The Covid-19 pandemic did nothing to affect sales — if anything, purchasing trends for gold, especially online, have actually increased […]
