<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 13): The US International Trade Commission (USITC) has determined that there is a reasonable indication that an industry in the US is threatened by the import of ferrosilicon from Brazil, Kazakhstan, Malaysia, and Russia.</p></div>

<div class=newsTextDataWrapInner><p>Ferrosilicon is an alloy of iron and silicon with a typical silicon content by weight of 15%–90%. It contains a high proportion of iron silicides.</p></div>

<div class=newsTextDataWrapInner><p>In a statement on Saturday (May 11), the USITC said the products are allegedly sold in the US at less than fair value and subsidised by the governments of Brazil, Kazakhstan, Malaysia, and Russia.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>USITC chairman David S Johanson and commissioners Rhonda K Schmidtlein, Jason E Kearns and Amy A Karpel voted in the affirmative.</p></div>

<div class=newsTextDataWrapInner><p>As a result of the commission’s affirmative determinations, the US Department of Commerce will continue its investigations of ferrosilicon imports from Brazil, Kazakhstan, Malaysia, and Russia, with its preliminary countervailing duty determinations due on or about June 21, 2024, and its preliminary anti-dumping duty determinations due on or about Sept 4, 2024.</p></div>


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<p>Petroliam Nasional Bhd's (Petronas) wholly owned unit, Petronas Abu Dhabi Sdn Bhd, has been granted a new oil and gas exploration concession in Onshore Block 2 by the Supreme Council for Financial and Economic Affairs (SCFEA).</p>


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<p>Prime Minister Datuk Seri Anwar Ibrahim said on Friday the federal government will discuss expediting road widening in port areas with the Selangor menteri besar.</p>


<p>Japan's ruling party holds one of the most unpredictable leadership contests in decades on Friday, a race that could result in&nbsp;Japan's youngest or first female prime minister, or see a popular veteran succeed in his fifth and final leadership bid.</p>


<p>The status of 5G implementation in China, which currently covers more than 90% of populated areas, attracts Malaysia's interest to learn about its success in improving connectivity, especially in rural areas.</p>


<p>The overnight policy rate (OPR) is expected to remain unchanged at 3% in 2024 with Malaysia’s producer price index (PPI) inflation moderating to 0.3% year-on-year (y-o-y) in August 2024 from 1.3% y-o-y the previous month.</p>


<p>（吉隆坡27日讯）永旺信贷（AEON Credit Service (M) Bhd）（KL:AEONCR）的季度业绩弱于预期，拖累股价今早下滑至接近3周最低水平。</p>


次季业绩弱于预期 永旺信贷跌至3周新低

<p>Donald Trump’s lawyers are on a mission to wipe out his biggest financial liability — a nearly half-billion dollar civil fraud verdict in New York that’s soaring by more than US$100,000 (RM412,350) every day.</p>


<p>During her working visit to China in April this year, US Treasury Secretary Janet Yellen voiced concerns about her host’s overcapacity in industrial goods, especially electric vehicles, solar panels and batteries. According to her, Chinese capacity significantly outstrips its own demand, in addit...