KUALA LUMPUR: Bank Negara’s international reserves rose 1.8% to US$119.7bil as at Sept 30 from US$117.6bil as at Sept 13. The central bank, in a statement, said the reserves level has taken into account the quarterly changes in foreign exchange revaluation. “The reserves position is sufficient to finance 4.8 months of imports of goods and services, and is 0.9 times of the total short-term external debt,” Bank Negara said. The main components of the reserves were foreign currency reserves at US$106.8bil, followed by International Monetary Fund reserves (US$1.3bil), special drawing rights (US$5.9bil), gold (US$3.3bil) and other reserve assets(US$2.4bil).

October 07, 2024 19:50 UTC

SINGAPORE: Oil prices fell on Monday, after posting their steepest weekly rise in more than a year last week, as oversupply concerns amid softer demand countered the worries over a wider Middle East conflict disrupting exports in the key oil-producing region. "Technical profit-taking seems to be the most logical explanation", Priyanka Sachdeva, senior market analyst at Phillip Nova, said on the softening in oil prices. ANZ Research cautioned that despite the rally in oil prices last week, the impact of the conflict on oil supply will be relatively small. "We see a direct attack on Iran's oil facilities as the least likely response among Israel's options," it said. "Moreover, we have seen a diminished impact of geopolitical events on oil supply.

October 07, 2024 19:28 UTC

HONG KONG: Asian markets rose Monday (Oct 7) after a blockbuster US jobs report soothed any concerns about the world's top economy, while the dollar held gains with traders scaling back bets on another bumper interest rate cut. Oil prices rose as traders await Israel's response to Iran's missile barrage last week amid fears of a region-wide war in the Middle East. All three main indexes on Wall Street rallied Friday on data showing a forecast-busting 254,000 US jobs were created last month and the unemployment rate fell. "The September payrolls print was meaningfully better than expected," said Taylor Nugent, a senior markets economist at National Australia Bank. Inflation data later in the week will be closely watched by traders hoping for more of an idea about the Fed's decision-making.

October 07, 2024 19:25 UTC

Deputy President Rigathi Gachagua has termed claims by Kibwezi West lawmaker Mwengi Mutuse that he has acquired Sh5.2 billion worth of wealth as outrageous. The DP alleged that Mutuse was “just given documents to sign” and that had he been given time to look at them, he would have saved himself the embarrassment. He said when he was at the bedside of his brother, former Nyeri Governor Nderitu Gachagua, when he died, leaving a will which appointed him an executor with two others. He said the claims by Mutuse are the “most embarrassing allegation an MP can table before the House.”Gachagua is faced with allegations of abuse of office and gross violation of the Constitution. Also on the list are 80 acres of land purchased in Meru, a dairy farm in Nyandarua, and land in Embakasi, Nairobi, bought through proxy companies.

October 07, 2024 17:19 UTC

It’s an unseasonably hot day in September, and Menzies is on a break from rehearsing his new play, The Other Place, inspired by Sophocles’ 2,500-year-old drama Antigone. “We do a lot of improvisation, and Alex will use that in his writing,” says Menzies. “No one decides what you’re looking at, no one’s harvesting your data – it’s just a communal experience that’s really ancient. For now, though, Menzies is heading back into the bowels of the National Theatre for more rehearsals for The Other Place. ‘The Other Place’ is in the Lyttelton, National Theatre until 9 November

October 07, 2024 17:02 UTC

A woman has exposed her cheating husband. Her man told her he had an addiction to women, and she never thought it would affect their marriage until he cheated. Let's say hypothetically, the cheating will not happen again, and I forgive him," she posted on Reddit.com. And he’s been able to say vows and say I do knowing he was lying to your face, in front of all your friends and family." Speaking to TUKO.co.ke, April opined that if you suspect your partner is thinking about cheating, you must address your concerns.

October 07, 2024 16:59 UTC

×Former Kiambu Governor Ferdinand Waititu who has been accused of using offensive words against the state has been charged. Waititu was opposed to taking a plea saying the charges against him were defective but Chief Magistrate Lucas Onyina said they were properly drawn. He, however, denied the charges of offensive conduct and was released on Sh50,000 bond. The matter will be mentioned on Wednesday for pre-trial. The court also directed the investigating officer Andrew Ngowa to bring with him Waititu's phone which was confiscated at the time he was arrested.

October 07, 2024 16:57 UTC

The Training Season singer, 29, shared a rather, er, unique, Diet Coke recipe on TikTok on Friday, drawing shocked reactions from fans. First, she poured Diet Coke into her cup. dualipaofficial / TikTokThen it started to get weird as she went in with some pickle juice. dualipaofficial / TikTokShe followed up with 'a couple pickles from my hand'. 'Oh, that one's really pickle-y,' one remarked, while another gave a shocked look, eyebrows raised, by way of response.

October 07, 2024 16:49 UTC

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October 07, 2024 16:43 UTC

The study found that almost one in 12 public schools in the United States, or about 5,100 schools, saw enrollment drop by more than 20 percent between the 2019-20 and 2022-23 school years. Schools previously identified by states as low-performing were more than twice as likely to experience such large enrollment declines. California, hosting the nation’s largest school systems by population, has about 40 schools on the list of 500 schools at risk of closure. In San Francisco, public school enrollment has dropped by more than 4,000 students since 2017, according to data from the California Department of Education. However, closing schools can be a contentious process.

October 07, 2024 16:32 UTC

RANGERS ultras showed support for a hooligan cocaine dealer during a controversial pyro display at their Europa League game. A source said: “Cross is a Union Bear, Rangers daft and still has a lot of friends in the group. Strangely, Cross is hated by some in the Union Bears for apparently leaking a tifo design to Celtic rivals the Green Brigade. He was captured on camera during a clash with cops while travelling to watch his beloved Rangers in Slovenia. A source said: “Cross may have been a Union Bear but he became loathed by many Gers fans after the tifo incident.

October 07, 2024 16:12 UTC

Bobby Shmurda has made the wild claim that JAY-Z‘s Roc Nation is behind the rumors that Diddy and Meek Mill‘s relationship goes beyond being friends and collaborators. Speaking on The Danza Project, Shmurda, who used to be managed by Roc Nation, suggested that the company planted the gay sex rumors following Meek’s departure from Roc Nation in 2022. AD AD LOADING...“I’ma tell you what’s going on with Meek. AD AD LOADING... I also want them to look at who is powering the media involving ‘meek’ anything to do with buddy!

October 07, 2024 16:05 UTC

News24 has named Media24’s head of native advertising, Jerusha Raath, as its new publisher, bringing her back to the newsroom where she previously served as managing editor. Jerusha RaathRaath currently leads the team responsible for Media24’s world-class commercial content – recently relaunched as Brand Story. “Being appointed publisher for News24 is a full-circle moment. “My goal in this role is to ensure News24’s commercial opportunities match our unparalleled journalism,” Raath continued. “I am delighted to bring Jerusha back to News24 as its publisher,” said Rika Swart, general manager of Media24 News.

October 07, 2024 15:55 UTC

Editor's Review Raila has not declared a stance on Gachagua's impeachment. The Orange Democratic Movement (ODM) has issued a statement over an alleged meeting between MPs from the party and Raila Odinga. On Saturday, October 5, a poster was shared across social media platforms alleging that Raila was set to meet ODM MPs to discuss their position on Deputy President Rigathi Gachagua's impeachment. Good day," ODM wrote on X.Raila has not declared a stance on Gachagua's impeachment. File image of Raila Odinga and Hassan JohoThis comes barely a week after ODM Deputy party leader Simba Arati said the party did not play a part in the impeachment of Deputy President Rigathi Gachagua.

October 07, 2024 15:41 UTC

Lorraine Kelly paused her ITV show on Monday (7 October) to announce the sad death of one of her co-stars. The presenter paid tribute to heather Sawyer, a member of her Change and Check Choir, who died from secondary breast cancer at the age of 50. Lorraine told viewers: “I'm very sorry to have to share some sad news this morning. One of our amazing singers, Heather Sawyer, has died from secondary breast cancer. “She was such a huge part of the choir, so passionate about everything.

October 07, 2024 15:35 UTC