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☆ Explainer: Who is Malaysia's king and why is he picking the prime minister?
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +4 min

King Al-Sultan Abdullah Sultan Ahmad Shah ascended the throne in 2019 at the age of 59, becoming Malaysia's 16th monarch since it gained independence from Britain in 1957. The silver-haired, bespectacled Al-Sultan Abdullah became king after the surprise abdication of the previous king. The king appointed Muhyiddin prime minister in February 2020 when then-premier Mahathir Mohamad resigned due to coalition infighting. The king has summoned 30 lawmakers from the Barisan Nasional alliance for a meeting on Wednesday to determine who becomes prime minister. Whoever is eventually named prime minister is likely to face more political turbulence of the kind that has plagued the country in recent years.

"Let me make a decision soon," the king told reporters outside the national palace. The king had given political parties until 2 p.m. (0600 GMT) on Tuesday to put together alliances needed for a majority. Significant election gains by an Islamist party added to investors' fears, notably over policies on gambling and alcohol consumption. Its electoral gains have also raised fears in multicultural Malaysia, which has significant ethnic Chinese and ethnic Indian minorities following other faiths. Anwar's coalition won the most seats in the Saturday election with 82, while Muhyiddin's bloc won 73.

☆ Malaysia's king calls Anwar and Muhyiddin for an audience -palace
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: 1 min

KUALA LUMPUR, Nov 22 (Reuters) - Malaysia's King Al-Sultan Abdullah called on Tuesday the two main contenders to be prime minister - opposition leader Anwar Ibrahim and former premier Muhyiddin Yassin - for an audience at 4.30 pm (0830 GMT), the palace said in a statement. Reporting by A. Ananthalakshmi, Rozanna Latiff and Mei Mei Chu; Writing by Ed Davies Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

☆ Malaysia's Anwar 'optimistic' of forming govt after talks with potential partners
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: 1 min

KUALA LUMPUR, Nov 21 (Reuters) - Malaysia's opposition leader Anwar Ibrahim said he was "very optimistic" of forming a government after holding talks with the incumbent ruling coalition to get the required majority. Anwar said he met with the some leaders of the Barisan Nasional coalition for their support and was "very pleased" with the talks. No final decision has been made, he said. Reporting by Rozanna Latiff and Mei Mei Chu, writing by A. Ananthalakshmi; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

☆ Malaysia's Muhyiddin, Anwar race to form government as turmoil drags on
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +3 min

[1/2] Malaysian former Prime Minister and Perikatan Nasional Chairman Muhyiddin Yassin waves as he leaves after Malaysia's 15th general election in Shah Alam, Malaysia November 20, 2022. Anwar's multi-ethnic coalition won the most number of seats in the Saturday election with 82. King Al-Sultan Abdullah, whose largely ceremonial role includes the power to appoint as prime minister a lawmaker he believes will command a majority, could play a decisive role. Massive corruption, mostly related to the looting of billions of dollars from sovereign fund 1Malaysia Development Bhd (IMDB), for which former prime minister Najib Razak was jailed earlier this year, seriously wounded UMNO's image. During his time in opposition, Anwar spent a decade in jail on convictions for sodomy and corruption, which he says were politically motivated.

Significant election gains by an Islamist party also added to investors' fears, notably over policies toward gambling and alcohol consumption. Anwar said he met with some leaders from the incumbent Barisan Nasional coalition on Monday to discuss a potential alliance. "I am satisfied as this negotiation was on the need to form a stable government that's inclusive. Its 30 seats in parliament is key for both candidates to cross 112 seats needed to hold a majority. On Monday, Anwar's coalition partnered with Barisan to form regional governments in two states, which also saw inconclusive elections.

☆ Explainer: What to expect as Malaysia's split election leaves scramble to form govt
▼ + stars: | 2022-11-20 | by ( Mei Mei Chu | ) www.reuters.com time to read: +4 min

[1/3] The logo of Malaysia's election commission is pictured at its headquarters in Putrajaya, Malaysia, October 20, 2022. REUTERS/Hasnoor HussainKUALA LUMPUR, Nov 20 (Reuters) - Malaysia's political leaders were scrambling to form a coalition government on Sunday after an election produced an unprecedented hung parliament, with no group able to claim a majority. Longtime opposition leader Anwar Ibrahim and former Prime Minister Muhyiddin Yassin each said they could form a government with support from other parties, whom they did not identify. It made inroads in strongholds of Barisan, whose United Malays National Organisation (UMNO) - long Malaysia's dominant political force - made its worst showing ever. KING'S ROLEKing Al-Sultan Abdullah could potentially pick the next prime minister.

☆ Factbox: How Malaysia's election system works
▼ + stars: | 2022-11-19 | by ( Mei Mei Chu | ) www.reuters.com time to read: +3 min

The general election is held every five years unless the prime minister calls for an early poll. The Election Commission typically declares the results on the day of the election and the prime minister is sworn in the next day. THE VOTERSOver 21 million Malaysians are eligible to vote in this election, including 6 million new voters. But UMNO returned to power in 2020 as part of another alliance after the opposition coalition collapsed. It won the 2018 election under the leadership of former premier Mahathir Mohamad but lost power two years later due to infighting.

KUALA LUMPUR, Nov 19 (Reuters) - A new coalition led by former Malaysian prime minister Muhyiddin Yassin was leading a hotly contested general election on Saturday, with opposition chief Anwar Ibrahim a close second, early results from the Election Commission showed. The other main contender - Prime Minister Ismail Sabri Yaakob's ruling Barisan Nasional coalition - was losing ground in traditional strongholds to Muhyiddin's bloc, the results showed. As of 1630 GMT, the Election Commission had announced results for 123 of the 222 parliamentary seats. [1/6] Malaysian Caretaker Prime Minister Ismail Sabri Yaakob stands in a line to vote during Malaysia's 15th general election in Bera, Pahang, Malaysia November 19, 2022. The top issues are the economy, along with corruption, as several leaders from the Barisan Nasional coalition face graft accusations.

☆ Malaysia's ex-premier Muhyiddin claims win in general election
▼ + stars: | 2022-11-19 | by ( ) www.reuters.com time to read: 1 min

KUALA LUMPUR, Nov 20 (Reuters) - Malaysia's former prime minister Muhyiddin Yassin on Sunday said he has secured enough seats in a general election to form a government, though the latest results from the Election Commission showed a hung parliament. Muhyiddin said he was willing to work with any party to reach the numbers needed to form the government. Reporting by Angie Teo and Mei Mei Chu; Writing by A. Ananthalakshmi; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

☆ Malaysia says back decision by Dutch court on MH17 sentencing
▼ + stars: | 2022-11-18 | by ( ) www.reuters.com time to read: 1 min

KUALA LUMPUR, Nov 18 (Reuters) - Malaysia's Prime Minister Ismail Sabri Yaakob on Friday said his country supported the decision by a Dutch court to sentence three suspects for their role in the downing of Malaysian Airlines flight MH17. The court on Thursday handed down life jail sentences to thee suspects, and ordered them to pay at least 16 million euros ($16.5 million) in compensation to relatives of the victims. Reporting by Mei Mei Chu Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

KUALA LUMPUR, Nov 18 (Reuters) - Anwar Ibrahim has ramped up campaigning this week to be Malaysia's prime minister, buoyed by polls putting the veteran opposition leader ahead in a closely fought contest. Rival alliances, including those run by Prime Minister Ismail Sabri Yaakob and former premier Muhyiddin Yassin, could come together to clinch the required numbers and deny Anwar the top job. "This election is not about changing the prime minister," Anwar said in an address on Thursday. "This election is the best chance to save the country and make sweeping changes to restore our beloved nation." In an interview with Reuters this month, Anwar ruled out working with Ismail and Muhyiddin's coalitions, citing "fundamental differences" over race and religion.

[1/2] Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/IllustrationTAIPEI, Nov 16 (Reuters) - Taiwan President Tsai Ing-wen has decried what she called "rumours" about the risk of investing in the island's semiconductor industry and said the government was working hard to ensure investments continued. But the Chinese military's menacing of the island to assert Beijing's sovereignty claims, especially after U.S. House Speaker Nancy Pelosi visited Taipei in August, is causing the chip industry to rethink the risk surrounding Taiwan. Tsai, who met with ASML Holding's (ASML.AS) chief operations officer Frederic Schneider-Maunoury on Tuesday, praised the European manufacturer of chip-making equipment for its commitment to investing in Taiwan. Reporting by Ben Blanchard and Sarah Wu; Editing by Christian Schmollinger and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

☆ Malaysia Q3 GDP up 14.2% y/y, beats forecast
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: 1 min

KUALA LUMPUR, Nov 11 (Reuters) - Malaysia's economy grew 14.2% from a year earlier in the third quarter, boosted by rising domestic demand and robust exports, Bank Negara Malaysia Governor Nor Shamsiah Mohd Yunus said on Friday. Economists surveyed by Reuters had expected gross domestic product to jump 11.7% in the July-September period, accelerating from the 8.9% annual growth seen in the second quarter. Reporting by Rozanna Latiff and Mei Mei Chu; Editing by Ana Nicolaci da CostaOur Standards: The Thomson Reuters Trust Principles.

Growth came in above the 11.7% growth forecast in a Reuters poll and the 8.9% annual rise in the previous quarter, the central bank said. It surpassed third-quarter growth in many of its regional peers including Indonesia, the Philippines, Singapore and Vietnam. But BNM said the outlook was clouded by the risk of a global economic slowdown, forecasting economic growth to slow to 4.0%-5.0% next year. “We acknowledge there are still some spots in our economy that have yet to return to pre-pandemic condition," Nor Shamsiah said. Nor Shamsiah said the ringgit currency will adjust to reflect Malaysia's economic fundamentals once uncertainties caused by the U.S. rate moves recede, without elaborating further.

[1/5] Former Malaysian Prime Minister Mahathir Mohamad speaks during an interview with Reuters in Putrajaya, Malaysia November 8, 2022. In what he said would likely be his final election foray, Mahathir vowed to fight "against bad Malays, criminal Malays… against the Malays who had destroyed this country." "We don't agree that any one person should, even before the results come in, claim that he is the candidate for prime minister," Mahathir said. He was pardoned in 2018 after the election win that removed UMNO from power for the first time in Malaysia's post-colonial history. The nonagenarian said he had no desire to be prime minister but would do so if asked to serve again.

☆ British minister to visit Taiwan for trade talks, meet president
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, Nov 7 (Reuters) - A British minister will visit Taiwan this week for trade talks and meet President Tsai Ing-wen, his office said on Monday, the latest high-level engagement between a Western government and the island which China claims as its own territory. Britain's Department for International Trade said Greg Hands, minister of state for trade and also a member of parliament, would meet Tsai and co-host the 25th annual UK-Taiwan Trade Talks during his two-day visit. "Visiting Taiwan in person is a clear signal of the UK's commitment to boosting UK-Taiwan trade ties. Hands will also meet Taiwan's top trade negotiator John Deng and Economy Minister Wang Mei-hua, it added. China staged war games near Taiwan in August following a visit to Taipei by U.S. House Speaker Nancy Pelosi.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther rallies 17% in October, and Meta's VR costs mount one year after rebrand: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Calanthia Mei of Masa Finance discusses what could spur the next bull run for bitcoin and other digital currencies.

☆ Taiwan touts $900 mln in new business from Silicon Valley meetings
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +2 min

Taiwan Economy Minister Wang Mei-hua speaks during an interview with Reuters in Taipei, Taiwan, September 30, 2021. REUTERS/Ann WangTAIPEI, Oct 15 (Reuters) - Taiwan's economy minister has drummed up new business worth T$30 billion ($940 million) in meetings with top executives at four major tech firms in California's Silicon Valley, the ministry said on Saturday. Taiwan is a major semiconductor producer, home to the world's largest contract chip maker, Taiwan Semiconductor Manufacturing Corp (2330.TW), , and supplies most the world's major tech firms. "The visits are expected to bring back U.S. research and development investment and orders in Taiwan worth more than T$30 billion," it said, without elaborating. Wang said on Tuesday that if Taiwan remains safe, global supply chains of vital semiconductors would also be secure.

☆ CPS workers search millions of homes a year. A mom who resisted paid a price.
▼ + stars: | 2022-10-13 | by ( Eli Hager | Eli Hager Is A Reporter For Propublica Covering Issues Affecting Children | Teens In The Southwest. | ) www.nbcnews.com time to read: +9 min

Ferguson, a nurse working 16-hour double shifts, knew instantly who she’d find in her hallway that day in February 2019. A domestic violence survivor who previously lived in a shelter, Ferguson had never been accused of child abuse, ACS case records show. But many parents don’t know that they have the right to deny these government agents or don’t push back for fear of losing their children, according to parents and their advocates. It’s a staggering reality — likely millions of warrantless searches a year — and one that has not been reported before. Ferguson believes her constitutional rights were violated that day at her apartment, and is now suing New York City in federal court.

☆ Best Chinese food: 32 must-try dishes
▼ + stars: | 2022-10-13 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +20 min

Dan dan noodlesIt’s nearly impossible to dislike China’s soul-comforting dan dan mian, or dan dan noodles. Dan dan noodles are named after the way they were originally sold more than 100 years ago – on a dan dan, a carrying pole, by street hawkers. Some think dan dan noodles should contain a dry mix of noodles, made with minced meat, chopped scallions, spices, crushed peanuts and various sauces. Others disagree, preferring dan dan noodles in a hot, spicy, salty and nutty broth albeit with similar ingredients. Similar to Hainanese chicken rice, the Wenchang version is often served with yellow chicken fat rice and chicken soup.

Persons: –, It’s, Dan, mian, jiao, you’ve, Ding Baozeng, Ding Gongbao, Ding, Hanyuan, cai, hei, Jian bing, jian bing, bing guozi, Chen, chow, Su Dongpo, China’s, zhu, Shui zhu, zhu niu, Bao Bao, bao, jian bao, Rou jia, xin, cheung, yun cheung, Laap cheung, Yun cheung, Congee, Chaozhou Organizations: CNN, Adobe, Adobe Stock Locations: China, Peking, Nanjing, Beijing, Govan, –, Sichuan, Hunan, Shandong province, Fujian, Hainan, Malaysia, Pidu, It’s, Tianjin, Chen, Shunde district, Shaanxi, Fuding county, Ningbo

Instead, data and child welfare experts suggest the changes may have done the opposite. State child welfare officials say more vigilance in documenting severe cases of abuse likely contributed to the increase. Child welfare experts say these findings cast doubt on the effectiveness of the primary tool that states rely on to protect children: mandatory child abuse reporting. These policies, the bedrock of America’s child welfare system, were first implemented more than half a century ago in response to growing national awareness of child maltreatment. “We are continuing to tell mandated reporters, ‘Report, report, report,’ and nobody can handle it,” Berger said in an interview.

☆ If Taiwan is safe, chip supply chains will be secure, says Taiwan minister
▼ + stars: | 2022-10-11 | by ( David Shepardson | David Brunnstrom | ) www.reuters.com time to read: +2 min

WASHINGTON (Reuters) -Taiwanese Minister for Economic Affairs Wang Mei-Hua said on a visit to the United States on Tuesday that if Taiwan remains safe, global supply chains of vital semiconductors would also be secure. She said Taiwan is keen for more cooperation between Taiwan and the United States to ensure resilient supply chains. “If Taiwan is safe, the global supply chain will also be secure. Asked whether Taiwan was concerned that U.S. government subsidies to encourage reshoring of chip manufacturing could lessen U.S. reliance on Taiwan, she said the Taiwanese semiconductor supply chain was “very, very concrete” having been built up over more than 40 years. “We have a very huge supply chain in Taiwan, that is difficult to duplicate, or difficult to replace.” she said.

☆ Malaysia end-Sept palm oil stocks hits highest in nearly 3 years
▼ + stars: | 2022-10-11 | by ( Mei Mei Chu | ) www.reuters.com time to read: +2 min

Stockpiles rose 10.54% from August to 2.32 million tonnes, the highest since October 2019, according to the Malaysian Palm Oil Board (MPOB) . That is higher than a Reuters' forecast of 2.27 million tonnes. Register now for FREE unlimited access to Reuters.com RegisterCrude palm oil output grew for a fourth consecutive month amid the peak harvest season, up 2.6% to 1.77 million tonnes . Exports rose 9.25% to 1.42 million tonnes, the highest since September 2021, as key buyer India accelerated purchases ahead of the Diwali festival in late October. "However, palm oil's discount over competing oils would still attract destination buying from China, European Union, Pakistan, Bangladesh and Middle eastern countries," he said, adding that prices have to retain its the wider discount against soy oil and sun oil.

☆ Malaysia's Mahathir fears Najib would walk free if graft-tainted party wins polls
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +3 min

Former Malaysian Prime Minister Najib Razak speaks to journalists outside the Federal Court during a court break, in Putrajaya, Malaysia August 23, 2022. REUTERS/Lai Seng SinKUALA LUMPUR, Oct 11 (Reuters) - Malaysia's veteran politician and opposition leader Mahathir Mohamad predicted on Tuesday that disgraced former prime minister Najib Razak would be released from jail if his graft-tainted ruling party wins an upcoming general election. "Should they be able to win and form the government, that is the first objective, not about the welfare of the people," Mahathir, who had two stints as prime minister, told a news conference. They were both prosecuted, along with other party leaders, after UMNO lost the 2018 election for the first time in Malaysia's history as voters punished the party for 1MDB and other corruption scandals. Investigators have said some $4.5 billion was stolen from 1MDB - co-founded by Najib during his first year as prime minister in 2009 - and that over $1 billion went to accounts linked to Najib.

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