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US tech shares resume sell-off while oil prices retreat
US tech shares resume sell-off while oil prices retreat Global stocks mostly fell Tuesday (Jun 9) as US tech shares faced another round of selling followed recent outsized gains and markets weighed the latest uptick in US-Iran tensions. Oil prices retreated, with Brent crude briefly dipping below US$90 per barrel for the first time since Apr 14, after US President Donald Trump hinted at a deal with Iran in the coming days, despite renewed strikes by Israel on Hezbollah targets in Lebanon....
Negeri Sembilan state assembly to be dissolved on Jun 5; polls to be held within 60 days
Negeri Sembilan state assembly to be dissolved on Jun 5; polls to be held within 60 days The 16th Negeri Sembilan state election was not initially due until November 2028. The Negeri Sembilan state legislative assembly will be dissolved on Friday (Jun 5), more than two years before it is due, paving the way for snap polls to be held within 60 days. This came after Chief Minister Aminuddin Harun said in a hastily arranged press conference at 11.30pm on Thursday that the state’s ruler, Tuanku...
Negeri Sembilan election: Move to dissolve state assembly Anwar's ‘tit-for-tat’ response to Johor snap polls
analysis Asia Negeri Sembilan election: Move to dissolve state assembly Anwar's ‘tit-for-tat’ response to Johor snap polls Observers told CNA that the move by Prime Minister Anwar Ibrahim's Pakatan Harapan in Negeri Sembilan is a “calculated effort” to preempt any political momentum the Barisan Nasional coalition might gain in Johor’s upcoming state election. The dissolution of the Negeri Sembilan state legislative assembly on Friday (Jun 5) - which had been led by a chief minister from...
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Commentary: Methanol, pistachios and cement - other Iranian exports choked by the war
Commentary: Methanol, pistachios and cement - other Iranian exports choked by the war Given disruptions in supply chains all over the world, the conflict has shown that Iran’s role in the global economy is not merely centred on oil, says this writer. The war between Iran, the US and Israel has escalated into a major global crisis, with consequences that are reaching far beyond the Middle East. The closure of the Strait of Hormuz, through which around 25 per cent of the world’s oil ordinarily...