Day: September 11, 2024

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives ended higher today in anticipation of tonight’s release of the United States (US) Consumer Price Index (CPI). The September 2024 contract rose to US$2,531.70 per troy ounce from US$2,510.30 per troy ounce on Tuesday. The October 2024, November 2024, December 2024, February 2025, and April 2025 contracts all settled higher at US$2,544.00 per troy ounce compared to US$2,522.60 per troy ounce previously. Volume decreased to 14 lots from 27 lots on Tuesday, while open interest edged down to 68 contracts from 71 contracts previously. The price of physical gold stood

KOTA KINABALU, Malaysian education is evolving with a strong emphasis on Industry 4.0 and Education 4.0, supported by government initiatives, said Universiti Teknologi Petronas (UTP) vice-chancellor Prof Datuk Dr Mohamed Ibrahim Abdul Mutalib. He said this evolution is crucial for setting the future direction of Malaysia’s higher education institutions and aligning them with the nation’s aspirations. The focus, according to him, is on developing skills, integrating technology and collaborating with industry to create a responsive world-class system. ‘Our goal is to produce graduates who are both technology-centric and human-centric – hi-tech and high touch – driving higher education to new

KUCHING, Sarawak is targeting 83 gold medals in its quest for a 14th championship title at the Malaysia Para Games (Para SUKMA) 2024, which is scheduled to take place from Sept 23 to 28. Sarawak Premier Tan Sri Abang Johari Tun Openg said he was confident that the state’s para athletes would deliver strong performances after undergoing overseas training ahead of the Games. He said this reflected the dedication, commitment, and hard work of the para-athletes, who spent time and effort to undergo intensive training. ‘We have a strong sports spirit, which is why I emphasise sports because it leads

SEOUL, Defence diplomacy, such as global discussions and round table negotiations during the Seoul Defence Dialogue (SDD) 2024, is key to ensuring the continued preservation of peace and security in any nation, said Defence Minister Datuk Seri Mohamed Khaled Nordin. He emphasised that SDD provides a platform for nations to share security threat challenges they are facing and exchange defence information. “These challenges, issues and risks are brought forward for joint discussions based on each nation’s experiences,” he told reporters after the conclusion of the SDD today. Mohamed Khaled explained today’s security and peace encompass a much larger area and

KUALA LUMPUR, The High Court today was told that former 1Malaysia Development Berhad (1MDB) president and chief executive officer Arul Kanda Kandasamy was not involved in the alleged wrongful transactions of the company between 2009 and 2014. United Kingdom-based financial fraud investigator Richard Templeman testified that Arul Kanda, who joined 1MDB in 2015, had no involvement in the transactions related to the first and second bond proceeds used by 1MDB in 2012 for purchasing power plants. Datuk Shahrol Azral Ibrahim Halmi served as 1MDB CEO from 2009 to 2013, followed briefly by Mohd Hazem Abd Rahman, before Arul Kanda took