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Malaysia Overhauls Long-Standing Fuel Subsidies, Leading to Over 50% Hike in Diesel Prices

Diesel prices in Malaysia rose about 50% on June 10 due to the government's revised approach to fuel subsidies to cut spending and save billions of ringgit.


Chinese Mining Firm Operations in Central African Republic Suspended Over Alleged Ties to Armed Groups

The Central African Republic government ordered a Chinese mining firm to cease its operations after it was accused of working with armed militias.

Toyota's Market Value Plummets to Over $15 Billion After Falsified Safety Test Scandal

Toyota's stock price fell by over $15 billion last week after it admitted lying on safety certification tests.

New Zealand Plans to Revoke Previous Government’s Oil Drilling Ban

The New Zealand government of PM Christopher Luxzon announced that it would revoke a ban on drilling for oil and gas passed by the previous government of Jacinda Ardern and Chris Hipkins before they were voted out of power.


Latest News

Walmart Opposes New York's Panic Button Law for Retail Worker Safety
Walmart opposes a new New York law requiring panic buttons for retail worker safety, citing concerns over potential false alarms, despite the legislation being passed by the state Senate and Assembly and awaiting the governor's signature.
Oregon Authorities Expand Shellfish Harvesting Closures Statewide Due High Level Toxins
Oregon authorities have expanded shellfish harvesting closures statewide due to rising toxin levels, including razor clams and bay clams, following a paralytic shellfish poisoning outbreak.
CalFresh Summer Benefits: How Much Additional Food Stamps Are Californians Getting?
Starting this month, SNAP benefits recipients will see a $120 increase in payments as part of the SUN Bucks initiative, aiming to assist families relying on summer nutrition programs.
 Sen. Bob Menendez Key Witness Testifies in Corruption Trial, Alleging Bribery and Mercedes-Benz Gifts
During Sen. Bob Menendez's corruption trial, witness Jose Uribe testified that he provided bribes and gifted a luxury car to Menendez's wife.
Alex Jones seeks court approval to switch his personal bankruptcy from reorganization to liquidation, aiming to sell assets to repay $1.5 billion owed to Sandy Hook families amid lawsuits over his claims of the tragedy being a hoax.
Yelp Can Sue ReviewVio for Damages After Promising to Suppress Bad Reviews, According to Court Ruling
A US District Court judge ruled that online review platform Yelp could pursue a lawsuit against ReviewVio for its alleged fraudulent advertising of its ability to remove “bad” reviews from the Yelp website.
Oil Giant BP's Former Boss Backs Labour Energy Policy, Calls for New North Sea Drilling Licenses To Be Halted
Oil giant BP's former boss, John Browne, seems to support a new Labour energy policy as he calls for the end of North Sea drilling licenses.
CHINA-ECONOMY
Global fund managers are returning to China as MSCI China Index climbed 24% from its January low, leading to a $2 trillion increase in market value.
Ex-Vatican Employee Arrested for Fraud in Sting Operation
It was recently revealed that former Vatican employee Alfio Maria Daniele Pergolizzi was arrested in a sting operation for attempting to sell back a manuscript he allegedly pilfered from the archives of St. Peter’s Basilica.
Narendra Modi's BJP Party Settles with Coalition Government After Winning India's General Election
India’s ruling Bharatiya Janata Party narrowly won the 2024 general elections, forcing it to form a coalition and negotiate some economic policies in the near future.
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