US plywood imports up 38% in July

KUCHING: The United States has raised its imports of hardwood plywood by 38 per cent in July 2023 from the previous month, registering an increase for the fifth consecutive month. July 2023’s plywood imports of 354,292 cubic metres (cu m) was 31 per cent higher than July 2022,making it the first time this year imports […]

Us to be ‘as strict as possible’ limiting China’s access to cutting-edge chips  

MOSCOW: The United States will stick to its hardline stance on denying China cutting-edge microchips, as technological developments may be allegedly used to boost the Asian nation’s military capacity, US Commerce Secretary Gina Raimondo said on Sunday, reported Sputnik. “We are not going to sell the most sophisticated American chips to China that they want […]

CVR of crashed aircraft to be sent to its manufacturer in US to retrieve audio data

KUALA LUMPUR: The cockpit voice recorder (CVR) of the aircraft that crashed onto the Guthrie Corridor Expressway near Bandar Elmina, Shah Alam, last Thursday will be sent to its manufacturer in Florida, United States, to retrieve the last 30 minutes of its audio data before the crash for analysis. Transport Minister Anthony Loke said the […]

US firms pledge RM100 bln investment in Malaysia in 18 months 

KUALA LUMPUR: United States (US) companies have made investment pledges totalling RM100 billion in various sectors in Malaysia over the last 18 months, US Ambassador to Malaysia Brian McFeeters said. He said these are significant investments in areas where the US wants to strengthen its presence, namely electronics and semiconductor sectors, as well as data […]

US elimination leaves Fifa Women’s World Cup wide open

CANBERRA: The 2023 Fifa Women’s World Cup is heating up with only eight teams left vying for the title, reported Xinhua. France secured their spot in the quarterfinals Tuesday night, dispatching Morocco in a decisive 4-0 win. The group stage was filled with surprises, yet the final eight primarily consists of tournament regulars. Colombia is […]

Bankruptcy of 99-year-old US trucking company affects 30,000 workers, creditors

NEW YORK: Yellow Corp, a once-dominant US trucking company, has filed for bankruptcy as it winds down its 99-year-old business, which concerns its 30,000 workers and a handful of heavyweight creditors. The Nashville-based logistics provider announced on Sunday it had filed for Chapter 11 relief in the United States Bankruptcy Court for the district of […]

Ringgit likely to trade in tight range next week

KUALA LUMPUR: The ringgit is likely to maintain its tight range of RM4.54 to RM4.56 against the US dollar next week as investors are expected to closely monitor several data releases scheduled by the United States, said an analyst. Bank Muamalat Malaysia Bhd chief economist and social finance head Dr Mohd Afzanizam Abdul Rashid said tonight’s US Non-Farm Payrolls (NFP) report […]

N Korea remains silent to US calls to verify status of soldier in its custody

WASHINGTON: North Korea has yet to respond to United States (US) outreach regarding the safety and whereabouts of a US service member who crossed the inter-Korean border into the reclusive country this week, a state department spokesperson said Wednesday. The American soldier, identified as Pvt. 2nd Class Travis King, crossed the military demarcation line at […]

Asean must act to get US, China talking: Scholar

KUALA LUMPUR: Asean needs to play a proactive role to get the United States (US) and China to have dialogues to reduce their intense rivalry, prominent geopolitical scholar Prof Kishore Mahbubani said. The illustrious former Singaporean diplomat who predicts the geopolitical contests between the two world major powers will continue to accelerate in the next […]

Extreme weather continues to sweep across US

LOS ANGELES: The United States continues to experience extreme weather conditions as severe thunderstorms, critical fires and excessive heat waves sweep across the country. Strong thunderstorms are expected across the western High Plains on Thursday with damaging wind gusts, large hail and a few tornadoes. This threat will extend into the Central and South Plains, […]