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The Youth and Sports Ministry will conduct engagement sessions with all stakeholders to assess the financial impact on the country of hosting the 2027 SEA Games, said its minister.<br/><br/>Hannah Yeoh told reporters after the Sports Satellite Account launching ceremony on Friday (May 31) that the engagement sessions are also aimed at finding the interest of other states to co-host with Putrajaya.<br/><br/>In the meantime, Hannah estimates that the expenses for organising the 2027 SEA Games will exceed RM700mil.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
⏲ 1:57 👁 2.4M
Limelight Capital
⏲ 7 minutes 38 seconds 👁 27
Teddy Experience
⏲ 10 minutes 26 seconds 👁 5.7K
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, has advocated for keeping interest rates unchanged until more data shows underlying inflation is declining. Kashkari believes cutting rates now could jeopardize the foundation of U.S. economic prosperity by undermining anchored inflation expectations. Kashkari does not have a vote on the FOMC this year but highlights the Fed's concerns about cutting rates prematurely before taming inflation. Kashkari says Fed should leave rates unchanged \
⏲ 0:40 👁 140K
DonnahueGeorge Stocks Real Estate Health
⏲ 3 minutes 2 seconds 👁 1.9K
The Creative Investor
⏲ 8 minutes 40 seconds 👁 2.8K
The European Central Bank is expected to cut its interest rates on Thursday, which could lead to a weaker euro as the region's monetary policy diverges from that of the United States. The ECB is comfortable with this divergence, even if it means a weaker currency that could potentially stoke inflation. Recent data shows that underlying inflation in the euro area unexpectedly rose in May for the first time in a year, adding to the concerns about lingering consumer-price pressures. The ECB's decision will be accompanied by quarterly forecasts and a press conference, which will be scrutinized for hints of future policy intentions. Money markets are currently betting on two rate reductions this year, with a small chance of a third.
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Thomas James - Investing
⏲ 11 minutes 35 seconds 👁 6.9K
Chris Haroun
⏲ 6 minutes 9 seconds 👁 1.6K
Sixteen-year old Danila lives with oppressive mother Galina and brutal father Pasha in a small village lost in the middle of a boundless forest. Cut off from society he has a problem adjusting to school life and is bullied for his sullen manners and total lack of interest in girls. Meanwhile, Pasha lusts after Katya, even promising her to leave his family if she gives..
⏲ 1:36:54 👁 575K
Eurozone inflation increased to 2.6% in May 2024 from 2.4% in April, as both headline and core inflation came in higher than economists expected. Services inflation, an important metric for the ECB, rose to 4.1%. Markets continued to fully price in an interest rate cut by the ECB at its June meeting, following signals from policymakers that a cut is likely. Inflation has cooled significantly from a peak of 10.6% in October 2022 but has remained below 3% for the past eight months. The euro was slightly higher against the dollar and pound after the inflation release.
⏲ 0:43 👁 605K
China is pushing for more international use of the yuan to reduce the impact of potential Western sanctions, such as in a military conflict over Taiwan. Expanding yuan use in trade is less challenging than making it a major global reserve currency, according to a researcher. Countries are diversifying from dollars due to fears of being cut off from the financial system by sanctions like Russia. A lack of yuan-denominated risk-free assets closed capital markets, and a preference for one-man rule hindered the yuan's replacement for dollars. A recent global survey found little interest in yuan use for trade due to a lack of trading partner acceptance.
⏲ 0:38 👁 150K
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