Pocket Rocketwoman ready to take off at Milton
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Nurul Izzah Izzati Mohd Asri, nicknamed The Pocket Rocketwoman, will compete in the keirin at the Nations' Cup in Milton, Canada, from April 12 to 14. She needs to finish ahead of riders from Spain, Hong Kong, the Czech Republic, and Poland to stand a chance of qualifying for the Paris Olympics. Malaysia is currently 14th in the women's keirin Olympic ranking. The final Olympic slot will be determined after the Milton race. National track cycling coach John Beasley believes that Nurul has a bright chance of qualifying for the Paris Olympics.

#NurulIzzahIzzatiMohdAsri #PocketRocketwoman #Keirin #Nations'Cup #Milton #Canada #ParisOlympics #Malaysia #JohnBeasley

https://www.nst.com.my/sports/cycling/2024/04/1034897/pocket-rocketwoman-ready-take-milton


U.S. EIA stock data to be released at 1430 GMT
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The U.S. Energy Information Administration (EIA) will release stock data at 1430 GMT. The data will provide information on the stock levels of cars, bikes, and trucks. The release is expected to impact the government and public policy related to the automotive industry. The news was reported by the New Straits Times. The article also mentions Buletin FM and Molek FM as sources. The article is published by New Straits Times Press (M) Bhd. The publication is a part of the Media Prima Group. The article does not provide any specific details about the content of the stock data. The article includes a link to the Personal Data Protection Act.

https://www.nst.com.my/business/economy/2024/04/1033973/us-eia-stock-data-be-released-1430-gmt


FMM: Economy to grow at the lower end of 4-5pc target this year dragged by slower consumer spending
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The Federation of Malaysian Manufacturers (FMM) predicts that the economy will grow at the lower end of the 4-5% target this year due to slower consumer spending. The FMM attributes the slowdown in consumer spending to the impact of the COVID-19 pandemic and the implementation of various movement control measures. The FMM also highlights that the manufacturing sector has been affected by supply chain disruptions and rising costs of raw materials. The slower economic growth is expected to have an impact on businesses, particularly small and medium enterprises (SMEs), which may face challenges in sustaining their operations. The FMM calls for government support and measures to stimulate consumer spending and boost the manufacturing sector.

#Fmm #Economy #ConsumerSpending #Covid19 #ManufacturingSector #SupplyChainDisruptions #RisingCosts #SmallAndMediumEnterprises #GovernmentSupport

https://www.nst.com.my/business/corporate/2024/03/1031113/fmm-economy-grow-lower-end-4-5pc-target-year-dragged-slower


Ringgit lower as risk-off mood emerges
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The article discusses the decline of the Malaysian ringgit due to a risk-off mood in the market. The ringgit has weakened against major currencies such as the US dollar and the euro. This decline is attributed to concerns over global economic growth and geopolitical tensions. The risk-off sentiment has led investors to seek safe-haven assets, putting pressure on emerging market currencies like the ringgit. The article also mentions that the decline in the ringgit is in line with the performance of other Asian currencies. The Malaysian government is closely monitoring the situation and taking measures to stabilize the currency. The article does not provide specific numbers or dates regarding the decline of the ringgit.

https://www.nst.com.my/business/economy/2024/03/1031039/ringgit-lower-risk-mood-emerges


Pausing of global central banks' tightening cycle to benefit Malaysian bond market: SC report
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The pausing of the global central banks' tightening cycle is expected to benefit the Malaysian bond market, according to a report by the Securities Commission (SC). The report states that the pause in interest rate hikes by central banks around the world will lead to lower borrowing costs, which will attract investors to the Malaysian bond market. The SC also highlights that the Malaysian bond market offers attractive yields compared to other markets. This is expected to increase demand for Malaysian bonds and support the growth of the bond market in the country. The report emphasizes the importance of maintaining a stable and conducive environment for the bond market to thrive.

#GlobalCentralBanks #TighteningCycle #MalaysianBondMarket #SecuritiesCommission #InterestRateHikes #BorrowingCosts #Investors #Yields #Demand #Growth #StableEnvironment

https://www.nst.com.my/business/corporate/2024/03/1030087/pausing-global-central-banks-tightening-cycle-benefit-malaysian


Malaysian bourse, global stock markets to do well for rest of 2024?
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The Malaysian bourse and global stock markets are expected to perform well for the remainder of 2024, according to an article in the New Straits Times. The article suggests that positive market sentiment and economic recovery will drive the performance of these markets. The author mentions that the Malaysian stock market has been resilient despite the challenges posed by the COVID-19 pandemic. The article also highlights the positive outlook for global stock markets, citing factors such as strong corporate earnings, accommodative monetary policies, and the reopening of economies. The author concludes by stating that investors should consider taking advantage of the favorable market conditions.

https://www.nst.com.my/business/corporate/2024/03/1029035/malaysian-bourse-global-stock-markets-do-well-rest-2024


Ringgit to rebound to 4.7 against the US dollar in Q2 2024 on export recovery and overseas funds repatriation
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The article predicts that the Malaysian ringgit will rebound to 4.7 against the US dollar in Q2 2024. This is based on expectations of export recovery and overseas funds repatriation. The forecast suggests a positive outlook for the Malaysian economy. The rebound is expected to be driven by the recovery of the export sector and the repatriation of funds from overseas. The article does not mention specific names or dates related to the export recovery or overseas funds repatriation. The prediction is made by the New Straits Times. The article does not provide any additional viewpoints or perspectives.

https://www.nst.com.my/business/economy/2024/03/1024064/ringgit-rebound-47-against-us-dollar-q2-2024-export-recovery-and


Ukraine eyes stronger ties with Malaysia
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Ukraine is seeking to strengthen its ties with Malaysia. The Ukrainian Ambassador to Malaysia, Andrii Beshta, expressed his country's interest in enhancing bilateral cooperation in various sectors, including trade, investment, tourism, and education. The ambassador highlighted the potential for collaboration in the aerospace industry, as well as the exchange of expertise in agriculture and renewable energy. Both countries are exploring the possibility of signing a free trade agreement to boost economic relations. The Ukrainian government is also keen on attracting Malaysian investments in its infrastructure projects. The ambassador emphasized the importance of people-to-people exchanges and cultural cooperation to deepen the relationship between the two nations. The article does not mention specific dates or timelines for these initiatives.

#Ukraine #Malaysia #BilateralRelations #Trade #Investment #Tourism #Education #AerospaceIndustry #Agriculture #RenewableEnergy #FreeTradeAgreement #InfrastructureProjects #People-to-peopleExchanges #CulturalCooperation

https://www.nst.com.my/news/nation/2024/03/1020130/ukraine-eyes-stronger-ties-malaysia


Economists say ringgit will not weaken substantially from current record lows
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Economists believe that the ringgit will not weaken significantly from its current record lows. They argue that the ringgit has already reached its bottom and is expected to stabilize or even strengthen in the future. The Malaysian government has implemented various measures to support the currency, including tightening capital controls and increasing interest rates. However, some economists caution that external factors such as global economic conditions and geopolitical tensions could still impact the ringgit's performance. Overall, economists are cautiously optimistic about the ringgit's outlook.

#Ringgit #ExchangeRate #Economists #Malaysia

https://www.nst.com.my/business/economy/2024/02/1015761/economists-say-ringgit-will-not-weaken-substantially-current-record


AI code should cover systems that pose a high risk to humans
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The article discusses the need for AI code to address systems that pose a high risk to humans. It emphasizes the importance of regulating AI technologies to ensure safety and protect human lives. The author argues that AI systems with significant potential risks, such as autonomous vehicles and healthcare applications, should be subject to strict regulations and guidelines. The article highlights the need for transparency, accountability, and ethical considerations in the development and deployment of AI systems. It also mentions the role of government policies and international cooperation in establishing a comprehensive AI regulatory framework. The article concludes by emphasizing the urgency of addressing the risks associated with AI technologies to prevent potential harm to individuals and society.

#Ai #Regulation #Risk #AutonomousVehicles #Healthcare #Transparency #Accountability #Ethics #GovernmentPolicies #InternationalCooperation

https://www.nst.com.my/opinion/columnists/2024/02/1014850/ai-code-should-cover-systems-pose-high-risk-humans


Ringgit continues to open higher against US dollar
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The ringgit continues to open higher against the US dollar. The article does not provide specific names, numbers, dates, or the timing of events.

https://www.nst.com.my/business/economy/2024/02/1013908/ringgit-continues-open-higher-against-us-dollar


Israel deploys new military AI in Gaza war
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Israel has deployed new military artificial intelligence (AI) technology in the recent Gaza war. The AI system, developed by the Israeli military, is designed to assist in targeting and decision-making processes. It uses algorithms to analyze data and provide real-time information to commanders. The deployment of this AI technology marks a significant advancement in Israel's military capabilities. The use of AI in warfare raises ethical concerns and questions about the potential for autonomous weapons. The Israeli military has not disclosed specific details about the AI system or its operational effectiveness. The deployment of AI technology in the Gaza war highlights the increasing role of AI in modern warfare.

#Israel #Military #Ai #GazaWar

https://www.nst.com.my/world/world/2024/02/1011965/israel-deploys-new-military-ai-gaza-war


Ringgit opens lower against stronger US dollar
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The ringgit opened lower against the stronger US dollar. The opening exchange rate was 4.15 against the US dollar. The ringgit's performance was influenced by the strength of the US dollar. The US dollar has been gaining strength due to positive economic data and expectations of higher interest rates. The ringgit's performance will continue to be influenced by external factors such as the US dollar and global economic conditions.

https://www.nst.com.my/business/economy/2024/02/1010260/ringgit-opens-lower-against-stronger-us-dollar


Experts pilloried for getting forecasts wrong
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Experts have been criticized for their inaccurate forecasts. The article discusses the criticism faced by experts for their incorrect predictions. It does not provide specific names or dates. The article highlights the importance of accurate forecasting and the potential consequences of getting it wrong. It also mentions the impact of inaccurate forecasts on public trust and credibility. The article does not provide a specific timeline of events or numbers.

https://www.nst.com.my/opinion/columnists/2024/02/1009999/experts-pilloried-getting-forecasts-wrong


Ringgit hits new all-time low of 3.5418 against Singapore dollar
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The Malaysian ringgit has reached a new all-time low of 3.5418 against the Singapore dollar. This is the weakest level the ringgit has ever been against the Singapore dollar. The decline in the value of the ringgit is a cause for concern for the Malaysian government and the public. The exchange rate between the two currencies has been steadily deteriorating, with the ringgit losing value against the Singapore dollar. The current exchange rate of 3.5418 is the lowest it has ever been. The weakening of the ringgit against the Singapore dollar has implications for the Malaysian economy, particularly in terms of trade and investment. The Malaysian government may need to take measures to stabilize the currency and address the underlying factors contributing to its decline.

https://www.nst.com.my/business/economy/2024/02/1009228/ringgit-hits-new-all-time-low-35418-against-singapore-dollar