The Malaysian Pulse
Beat of the Nation
Wed, 16 Oct 2019, 5:35 PM
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Topic: Britain

The Edge Markets:
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KLCI trades in tight range as downward bias remains intact
KUALA LUMPUR (Oct 16): The FBM KLCI pared some of its gains at the midday break today, after having traded within a tight range in the morning session as the downward bias remained intact.
Malay Mail:
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Bursa Malaysia stays higher at mid-day
KUALA LUMPUR, Oct 16 ― Shares on Bursa Malaysia stayed higher at mid-day today in line with regional peers, as sentiment remained positive over the strong overnight performance of Wall Street and Eu...
Malay Mail:
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Sterling's Brexit rally pauses, yuan falls on Hong Kong worries
TOKYO, Oct 16 ― The pound pulled back from its highest level in almost five months versus the dollar today, erasing some of the rally sparked by signs Britain is closing in on a deal to leave the Eu...
The Edge Markets:
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KLCI pares gains but stays above support level of 1,550
KUALA LUMPUR (Oct 16): The FBM KLCI pared some of its gains at mid-morning today, remaining above its support level of 1,550.
The Edge Markets:
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KLCI gains 0.35% as Tenaga and Maybank lift
KUALA LUMPUR (Oct 16): The FBM KLCI gained 0.35% in early trade this morning, tracking the uptrend at regional markets, lifted by gains at index-linked heavyweights Tenaga Nasional Bhd and Malayan Ban...
Malay Mail:
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Asian shares cheered by Brexit deal hopes as sterling shines
SYDNEY, Oct 16 ― Asian shares took off today and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit though it remained unclear if Londo...
Malay Mail:
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Bursa Malaysia opens higher
KUALA LUMPUR, Oct 16 ― Bursa Malaysia opened higher today, taking the cue from the strong overnight performance of Wall Street and European stocks.
Malay Mail:
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European stocks jump as hopes of Brexit deal grow
LONDON, Oct 16 ― European stocks rose to their highest in nearly three months yesterday, with Irish stocks soaring almost 3 per cent, after a news report said negotiators were on the verge of a deal...
Malay Mail:
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Wall Street advances as earnings season hits the road running
NEW YORK, Oct 16 ― Wall Street jumped yesterday as third-quarter reporting season kicked into high gear with a spate of upbeat earnings reports that brought buyers back to the equities market.
The Star:
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Asian shares cheered by Brexit deal hopes, sterling shines
SYDNEY: Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit...
The Star:
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Wall Street gains as earnings season begins in earnest
NEW YORK: Wall Street advanced on Tuesday as third-quarter reporting season hit with a spate of upbeat earnings reports that brought buyers back to the equities...
Malay Mail:
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Pound surges as Brexit deal speculation heats up
LONDON, Oct 16 ― The pound rallied yesterday to five-month peaks amid optimism over a breakthrough in Brexit talks while Wall Street stocks rebounded following an upbeat start to earnings season.
The Borneo Post:
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Syria Kurds defend key town as Turkey ignores US
Smoke rises from the Syrian town of Ras al-Ain, from the Turkish side of the border at Ceylanpinar district in Sanliurfa, on the sixth day of Turkey’s military operation against Kurdish forces.
Malay Mail:
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Brexit to be delayed again, free trade deal will be struck, say economists
LONDON, Oct 15 — Britain’s October 31 departure from the European Union will be delayed, according to the vast majority of economists polled by Reuters who again said the two sides would eventuall...
Malay Mail:
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UK hiring falls by most in over four years as Brexit nears
LONDON, Oct 15 — Britain’s jobs boom has weakened in the approach to Brexit with the number of people in work unexpectedly falling by the most in over four years and unemployment rising, official ...
Malay Mail:
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British mid-caps rise on hopes of Brexit deal this week
LONDON, Oct 15 — Britain’s domestically focused mid-cap index advanced today amid hopes that a Brexit deal could be clinched this week, though gains were capped by steep falls in the shares of a s...
Malay Mail:
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Don’t be misled by Brexit jobs trickle, says London finance chief
LONDON, Oct 15 — Britain’s vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City of London’s policy chief told Reuters, warning people ...
The Edge Markets:
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KLCI dips 0.14% as downward trend remains intact
KUALA LUMPUR (Oct 15): The FBM KLCI dipped 0.14% at the midday break today as the overall downward trend remained intact, against the backdrop of cautious regional markets.
CarSifu:
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Bring back a decent spare wheel, say annoyed motorists
LONDON: Today's motorists are often in for a nasty surprise when they get a puncture, since most modern cars do not come with a proper spare wheel.
The Edge Markets:
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KLCI trends lower as underlying trend remains bearish
KUALA LUMPUR (Oct 15): The FBM KLCI trended lower at mid-morning today as the underlying trend remained bearish, against the backdrop of cautious regional markets.
The Star:
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Ringgit unchanged as investors await EU summit
KUALA LUMPUR: The ringgit open unchanged against the US dollar today with investors remained on the sidelines with issues over Brexit topping the list of their main...
The Edge Markets:
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Ringgit unchanged at opening
KUALA LUMPUR (Oct 15): The ringgit open unchanged against the US dollar today with investors remained on the sidelines with issues over Brexit topping the list of their main concern, a dealer said.
Malay Mail:
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Ringgit unchanged at opening
KUALA LUMPUR, Oct 15 — The ringgit open unchanged against the US dollar today with investors remained on the sidelines with issues over Brexit topping the list of their main concern, a dealer said.
Malay Mail:
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Asian stocks make cautious gains ahead of key Brexit summit
TOKYO, Oct 15 — Asian stocks and Wall Street futures inched higher today as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiat...
The Star:
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Market awaits fresh catalysts to spur buying interest
KUALA LUMPUR: Blue chips were in the doldrums early Tuesday in the absence of strong fresh catalysts to spur buying interest.
The Star:
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Russia’s pizza king to rule the world using cloud
MOSCOW: Once you crack the profit code for delivering hot pizzas in the Arctic, where blocks of cheese arrive on nuclear icebreakers, expanding into more hospitable...
theSun:
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British paedophile who operated in Malaysia, Cambodia found dead in prison
LONDON: One of Britain’s most prolific child sex offenders, Richard Huckle, has died three years into a life sentence for abusing Malaysian and Cambodian children, Britain’s Ministry of Justice sa...
Malay Mail:
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Stocks meander on caution over trade talks, dollar gains
NEW YORK, Oct 15 — The US dollar gained yesterday as optimism ebbed over a potential US-China trade deal that President Donald Trump outlined last week, while a gauge of global equity markets was li...
Malay Mail:
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UK to expand powers to block foreign takeover deals
LONDON, Oct 14 — Britain plans to strengthen its powers to block or intervene in the foreign purchase of any company that could affect national security, it said today.
Malay Mail:
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EU will fight ‘until last hour’ to stall US Airbus tariffs
BRUSSELS, Oct 14 — The EU’s top trade official today said Europe would fight until the very last moment to dissuade the United States from imposing tariffs in retaliation for illegal EU subsidies ...
Malay Mail:
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European stocks turn down after Brexit, trade-driven rally
BERLIN, Oct 14 — A three-day rally in European shares halted today as investors assessed the scale of progress from Friday’s US-China trade talks and worried that a Brexit withdrawal agreement was...
The Star:
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Saudi Arabia opens tourist visas to US, European visa holders
RIYADH: Tourist visas for Saudi Arabia are now available online and on arrival to holidaymakers who already hold a visa from the United States, Britain or the EU's Schengen...
The Star:
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Johnson to set out post-Brexit law and order drive in Queen's Speech
LONDON: Queen Elizabeth will on Monday announce several new pieces of legislation to reform Britain's justice system, in a ceremonial speech setting out Prime Minister...
The Star:
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TrendView: Turkey, migrants, China trade, Brexit
CHINA, the US, Germany and Britain remain “top dogs” on investor's watchlist, but with one revision: Turkey decided to launch a military offensive against Kurds, thus shifting...
Malay Mail:
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Pound pinballs over Tusk comments on Brexit
LONDON, Oct 11 — Sterling took a wild ride today after top EU official Donald Tusk said that the “time is practically up” for Britain to reach a Brexit deal.
CarSifu:
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British inventor James Dyson cancels electric car project
LONDON: Britain's James Dyson has cancelled his ambitious project to build an electric car, the centrepiece of a £2.5bil (RM13bil) investment in technology, saying he could not see a way to make it c...
AsiaOne:
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Kelantan Sultan claims Russian ex-wife rejected his money and sold story to tabloid instead
The Russian ex-wife of Sultan Muhammad V of Kelantan made the headlines this week when she alleged that she had to pawn her Jacob Arabo wedding ring to afford her medical bills during her difficult pr...
Malay Mail:
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US consumer inflation tame, labour market still tightening
WASHINGTON, Oct 11 — US consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third t...
The Star:
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British inventor James Dyson cancels electric car project
LONDON (Reuters) - Britain's James Dyson has cancelled his ambitious project to build an electric car, the centrepiece of a 2.5 billion pound ($3.1 billion)...
The Star:
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Take the proper precautions
EDUCATION Minister Dr Maszlee Malik announced in Parliament on Wednesday details of the government’s plan to introduce free meals for school students at the beginning of 2020.
Free Malaysia Today:
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Oksana turns to Russian court to decide on father of her child
PETALING JAYA: The dispute over the biological father of Rihana Oksana Gorbatenko’s baby boy will be decided by a court in Moscow, where the judge could demand a DNA test conducted on Kelantan’s S...
The Star:
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High-profile English football wives in Twitter spat over story leaks
The wives of two of English football's most high-profile players got embroiled in a spat on Twitter on Oct 10 about the leaking of information to a tabloid newspaper.
Malay Mail:
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Nissan to start building new Juke car at UK plant as Brexit looms
SUNDERLAND (England), Oct 10 ― Nissan said it will begin making the next-generation Juke vehicle at Britain’s biggest car plant on Monday, just over two weeks before a possible no-deal Brexit whic...
Malay Mail:
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LVMH eases fears over Hong Kong hit, lifting luxury stocks
PARIS, Oct 10 ― Shares in LVMH rose today, lifting other European luxury goods stocks as the Louis Vuitton owner's stronger-than-expected sales update eased fears of any major fallout from protests ...
CarSifu:
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US-UK-Japan trio win Nobel for lithium-ion batteries
STOCKHOLM: Three researchers won the Nobel Chemistry Prize for the development of lithium-ion batteries, paving the way for smartphones and a fossil fuel-free society.
Malay Mail:
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Shell to offset carbon emissions for British fuel buyers
LONDON, Oct 10 — Royal Dutch Shell said today it would offset the carbon dioxide emissions of around 1.5 million road users in Britain starting later this month under a loyalty scheme.
The Star:
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Fewest UK homes being put on sale since 2016 as Brexit nears
LONDON: Britons are holding off from trying to sell their homes due to uncertainty about when and how Britain will leave the European Union, according to a survey...
The Star:
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Exxon names BAML to run Malaysia US$3bil asset sales
LONDON: Exxon Mobil Corp has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the U.S. firm accelerates a vast disposal...
The Star:
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Global stocks rise on trade truce bets
NEW YORK: Stocks gained on Wednesday on a report that China could yet agree to a partial trade deal with the United States despite recent tensions, while the prospect...
The Straits Times:
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Sultan's ex-wife: I pawned wedding ring to pay medical bills
LONDON • Russian beauty queen Oksana Voevodina has claimed in an interview with Britain's Daily Mail news website that she had to pawn her wedding ring to pay for her medical bills after her former ...
Malaysiakini:
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Hundreds of black-clad activists chant 'Liberate Hong Kong' outside court
Hundreds of black-clad pro-democracy demonstrators outside Hong Kong’s High Court today chanted “Liberate Hong Kong, revolution of our times”, as a leading activist appeared to appeal a six-year...
Malay Mail:
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OECD suggests ‘unified approach’ to break deadlock on digital tax
PARIS, Oct 9 — The OECD published today its suggestions for a “unified approach” on fairly taxing digital giants to break a deadlock in a dispute that has raised tensions between the United Stat...
Malay Mail:
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BT seeks to repair customer ties with new services and products
LONDON, Oct 9 — The boss of Britain’s biggest telecoms provider BT today set out plans to improve the company’s relationship with customers with new superfast services, more technical support an...
The Edge Markets:
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Exxon names BAML to run Malaysia asset sales — sources
LONDON (Oct 9): Exxon Mobil has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the US firm accelerates a vast disposal programme, banking and industry s...
Malay Mail:
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Britain preparing to ‘take back control’ at WTO, says minister
GENEVA, Oct 9 — Britain is looking forward to “taking back control” of its trade policy after it exits the European Union later this month, a government minister told the World Trade Organisatio...
The Star:
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Malaysia supports draft regional action plan for tobacco control, says Health Minister
KUALA LUMPUR: Deaths linked to vaping have been reported in the United States and Britain, and Malaysia will fight against new smoking products, says Datuk Seri Dr Dzulkefly Ahmad.
The Star:
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New on the menu: Could ‘dark kitchens’ gobble up Britain’s high street restaurants?
When Eccie Newton and her sister began making fresh salads and sandwiches to deliver to London office workers, their startup company Karma Cans became so popular...
Free Malaysia Today:
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Concerns surround extent of finance ministry’s powers
Three past by-elections, in Cameron Highlands, Semenyih and Rantau, have shown Malay voters deserting PH, and the trend is likely to continue in the coming Tanjung Piai by-election.
The Star:
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Ways to address burnout
THIS year, the World Health Organisation (WHO) finally put a name to a condition that generations of workers have struggled with: burnout.
Malay Mail:
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GSK recalls popular heartburn drug Zantac globally after cancer scare
Malay Mail:
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Sterling tumbles after reports of Brexit talks close to breakdown
LONDON, Oct 8 — Sterling touched a one-month low against the euro today as investors took fright at reports that Brexit talks between Britain and the European Union were close to breaking down.
Malay Mail:
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UK debt burden to rocket under no-deal Brexit, says think-tank
LONDON, Oct 8 — Britain’s debt burden would jump to its highest level in 50 years if it leaves the EU without a deal, a leading think-tank warned today.
Free Malaysia Today:
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Oksana says she sold RM1 mil wedding ring to pay medical bills
PETALING JAYA: Rihana Oksana Gorbatenko, who married Sultan Muhammad V last year, said she was forced to sell her wedding ring worth £203,000 (about RM1.05 million), and accused the Kelantan ruler of...
Malay Mail:
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Trump’s Scottish Golf courses post further losses
LONDON, Oct 8 — Scottish Golf courses owned by President Donald Trump’s family business posted further losses last year, according to accounts filed in Britain in recent days.
Malay Mail:
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Britain says 88pc of imports to face no tariffs in event of no-deal Brexit
L Seeking to balance the need to keep consumer prices down without destroying domestic producers, Britain also said under a new “exceptional review process” it could make changes to the regime fro...
Malay Mail:
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UK completes Thomas Cook repatriation of passengers
LONDON, Oct 7 — Britain’s government today completed the country’s biggest peacetime repatriation that returned 140,000 UK-based Thomas Cook customers stranded abroad after the collapse of the h...
Malay Mail:
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Pound falls as doubts grow over chances of last-minute Brexit deal
LONDON, Oct 7 — Sterling fell in early London trading today as investors grow increasingly concerned that Britain and the European Union were no closer to agreeing a Brexit withdrawal deal.
The Star:
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Pound falls as doubts grow over chances of last-minute Brexit deal
LONDON: Sterling fell in early London trading on Monday as investors grow increasingly concerned that Britain and the European Union were no closer to agreeing a Brexit...
Malay Mail:
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Vodafone tests new network tech in UK in challenge to 'big three' suppliers
LONDON, Oct 7 — Vodafone is testing innovative open access radio technology in Britain — a first for Europe — in a move that could break the grip Huawei, Ericsson and Nokia hold on the telco equ...
The Star:
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Include us in drafting laws on vaping, urge industry players
PETALING JAYA: E-cigarette and vape outlet operators in Malaysia want to be involved in any discussion on regulating the industry as the government moves to...
The Star:
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British PM: EU should not be lured into mistaken belief UK will stay in EU after Oct.31,
LONDON: Britain's Boris Johnson urged French President Emanuel Macron on Sunday to "push forward" to secure a Brexit deal and told him the EU should not be lured into...
The Star:
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UK could be flexible on details of N, Ireland veto, customs plan
LONDON: Britain is open to some flexibility on the proposed mechanism that would allow lawmakers in post-Brexit Northern Ireland to decide whether the British...
Malaysiakini:
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Another teen shot after Hong Kong imposes emergency powers
Hong Kong police shot and wounded a teenage boy on Friday, as violent protests erupted across the Chinese-ruled city hours after its embattled leader Carrie Lam invoked colonial-era emergency powers l...
The Star:
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US, allies push Facebook for access to encrypted messages
The United States, Britain and Australia have called on Facebook to give authorities the ability to circumvent encryption used in its messaging services – a measure...
The Star:
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Facebook's Zuckerberg defends decision on encryption
Facebook Inc chief executive officer Mark Zuckerberg defended his decision to encrypt the company's messaging services on Thursday, despite concerns about its impact...
Malay Mail:
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Survey: UK economy headed for recession after services shrink unexpectedly
LONDON, Oct 3 — Britain’s economy appears to have tipped into recession as firms brace for the risk of a disruptive Brexit in just a few weeks’ time, according to a survey which showed the domin...
Malay Mail:
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Sterling edges lower as UK waits for EU response to Brexit offer
LONDON, Oct 3 — Sterling edged lower in early trade today as investors waited to receive a formal European Union response to Britain’s latest Brexit offer.
The Star:
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European luxury, drink stocks lifted by US tariffs relief
LONDON: European luxury goods and drinks company shares rose on Thursday after new U.S. tariffs in retaliation over EU aircraft subsidies excluded cognac, champagne...
The Star:
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People are interested in robot cars, just not older people: study
Tech-savvy youngsters and high-earners are keen on the prospect of self-driving cars, but older people are often wary and suspicious, according to a survey by car...
Malay Mail:
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WTO trade threats sink European stocks
FRANKFURT, Oct 3 ― European stock markets dived almost 3 per cent to log their worst day since last December yesterday as the threat of a transatlantic trade war and dismal economic data added to fe...
Malay Mail:
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UK shares in tailspin as global woes deepen, Brexit angst lingers
LONDON, Oct 3 ― London's FTSE 100 index endured its worst day since January 2016 yesterday as an overhang from weak US manufacturing data rekindled global growth worries and cast a shadow over marke...
The Star:
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US widens trade war with tariffs on Airbus planes, French cheese, Scotch whisky
LONDON/BRUSSELS/WASHINGTON: The United States on Wednesday said it would enact 10% tariffs on European-made Airbus planes and 25% duties on French...
Malay Mail:
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London court allows mass claim against Google over iPhone data
LONDON, Oct 2 — London’s Court of Appeal gave the go-ahead for action against Google over claims it collected data from more than 4 million iPhone users, overturning a ruling in 2018 that in effec...
Malay Mail:
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Sterling off lows as PM Johnson offers little new on Brexit
LONDON, Oct 2 — Sterling rebounded from early lows today as hedge funds covered some of their short bets after Prime Minister Boris Johnson offered only vague details on his Brexit proposals to the ...
CarSifu:
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People are interested in robot cars, just not older people, says study
PARIS: Tech-savvy youngsters and high-earners are keen on the prospect of self-driving cars, but older people are often wary and suspicious, according to a survey by car manufacturer Audi.
Malay Mail:
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Tesco boss to leave next year after calling turnaround complete
LONDON, Oct 2 — Tesco boss Dave Lewis will step down next summer after declaring the turnaround of Britain’s biggest retailer complete, handing over to Ken Murphy, a former executive at healthcare...
CarSifu:
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Nissan may move British SUV production overseas on Brexit
LONDON: Nissan will consider moving production of its SUVs outside Britain if the country leaves the European Union without a deal, said people familiar with the matter.
Malay Mail:
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UK retail king Tesco says CEO to step down in 2020
LONDON, Oct 2 ― Britain's biggest retailer Tesco said today that CEO Dave Lewis will step down next year, and will be replaced by Walgreens Boots Alliance executive Ken Murphy.
Malaysiakini:
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UK PM Johnson to unveil final Brexit offer to EU
Prime Minister Boris Johnson will on Wednesday unveil his final Brexit offer to the European Union and make clear that if Brussels does not engage with the proposal, Britain will not negotiate further...
The Star:
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Penang only managed to send 10 containers back
GEORGE TOWN: Penang is doing all it can to get the almost 400 containers packed with municipal plastic rubbish from foreign countries sent back.
The Star:
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Sabah ramps up hunt for poachers
KOTA KINABALU: Sabah wildlife investigators are keeping tight-lipped on the case of the cruel killing of a Borneo pygmy elephant as they ramp up the hunt for poachers involved in the killing of the animal.
The Star:
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Final proposal: UK PM Johnson to unveil Brexit offer to EU
MANCHESTER, England: Prime Minister Boris Johnson will on Wednesday unveil his final Brexit offer to the European Union and make clear that if Brussels does not...
Malay Mail:
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UK to fly back 7,000 people as Thomas Cook repatriation efforts enter second week
LONDON, Oct 1 — Britain’s Civil Aviation Authority today said 39 flights are scheduled to bring back a further 7,000 people to the country after the Thomas Cook collapse, as the operation enters i...
Malay Mail:
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No-deal Brexit threat sends banking volumes in Britain to 28-year low
LONDON, Oct 1 — The threat of a no-deal Brexit has sent profits and sentiment in Britain’s financial services falling at their fastest pace since the global financial crash a decade ago, a CBI/PwC...
Malay Mail:
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UK preparing ‘full armoury of economic policy’ for no-deal Brexit
MANCHESTER, England, — Finance minister Sajid Javid pledged today to prepare Britain for a no-deal Brexit, saying the “full armoury of economic policy” would be on hand if needed.
Malaysiakini:
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China quietly doubles troop levels in HK, envoys say
Last month, Beijing moved thousands of troops across the border into this restive city.
Malay Mail:
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No one ‘really knows’ cost of no-deal Brexit, says minister
LONDON, Sept 30 — Britain’s finance minister today said he did not think “anyone really knows” what a no-deal Brexit would cost the economy.
Malay Mail:
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Households helped to limit hit to UK economy as it shrank in Q2, says Office for National Statistics
LONDON, Sept 30 — Households helped to limit the damage to Britain’s economy as it shrank ahead of Brexit in the second quarter, according to new data that also showed their financial health was l...
Malay Mail:
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Thomas Cook customers may face two-month delay for refunds, says watchdog
LONDON, Sept 30 — Britain’s aviation regulator said today that refunds of bookings by Thomas Cook customers could take longer than expected as the regulator does not have all information needed fr...
Malaysiakini:
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Boris Johnson vows to stay put to hit Oct 31 Brexit deadline
Boris Johnson has declared that he will not quit as Britain’s prime minister, even if he fails to secure a deal to leave the European Union, insisting only his Conservative government can deliver Br...
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