Malaysia’s Ringgit Sinks to 9-Year Low vs USD
(8 Jun) - A selloff in some emerging-market currencies took another leg down on Monday, fueled by the prospect of higher interest rates in the U.S. Malaysia’s currency, the ringgit, plunged to a nine-year low against the dollar before reversing course later in the day. Exacerbating weakness in the ringgit is heightened scrutiny...
Turkey’s ruling AKP loses majority in surprise result
Click here for video. Turkey's governing AK party has lost its parliamentary majority for the first time in 13 years, near-complete election results show The surprise outcome also sees the pro-Kurdish HDP crossing the 10% threshold, securing seats for the first time. With 99% of the vote counted, the AKP has 41% of the vote,...
Kinabalu a very tough trek not to be undertaken lightly
(5 Jun) - Malaysian tourism officials describe Mount Kinabalu as one of the "safest and most conquerable" peaks in the world, which helps explain its enormous appeal. The mountain is in the news after climbers became stranded there after an earthquake, but school groups and 80-year-olds are among the estimated tens of thousands...
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