<div class=newsTextDataWrapInner><p>(June 9): New Zealand’s government is pressing ahead with plans to lift a ban on offshore petroleum exploration, citing energy security challenges from “rapidly” declining natural gas reserves.</p></div>

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<div class=newsTextDataWrapInner><p>Gas is “critical” for the economy during periods of peak electricity demand and when generation dips from more intermittent sources, such as wind, solar and hydropower, Resources Minister Shane Jones said in a&nbsp;statement&nbsp;on Sunday.</p></div>

<div class=newsTextDataWrapInner><p>Prime Minister Christopher Luxon’s administration had pledged to resume offshore oil and gas prospecting, following last October’s election. Officials are also trying to speed up the construction of renewable plants.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The end of the moratorium will be proposed in the Crown Minerals Act amendments, to be introduced in parliament in the second half of 2024, according to the statement. Green Party co-leader&nbsp;Chlöe Swarbrick&nbsp;criticised the move, saying lifting the ban is a “severe” backward step amid a “climate crisis”.</p></div>

<div class=newsTextDataWrapInner><p>New Zealand stopped offshore oil and gas exploration permits in 2018&nbsp;under then-leader Jacinda Ardern, but continued to allow onshore projects.</p></div>
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(June 9): New Zealand’s government is pressing ahead with plans to lift a ban on offshore petroleum exploration, citing energy security challenges from “rapidly” declining natural gas reserves.

New Zealand set to scrap oil, gas exploration ban in second half of 2024

All work at the construction site for the Sungai Rasau Water Supply Scheme (Stage 1) project, located at Taman Mas, Puchong, Selangor has been halted to evaluate the situation and implement additional safety protocols.

Gamuda halts work on Rasau water treatment plant project after embankment collapses

The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as the global monetary cycle tilts toward more synchronised easing.

ECB poised to cut rates again in warm-up act for US Fed

The oil party isn’t over yet — but for top merchants and executives gathering for talks and rooftop cocktails in Singapore this week, the exuberance that came with the outsized profits of recent years is quickly fading.

Singapore’s oil party spoiled by falling prices and China gloom

Kentucky police reported an "active shooter situation" on Saturday evening near Interstate-75 in London, Kentucky, where "numerous persons" have been shot in traffic.

Active shooter near Kentucky highway, reports of 'numerous persons' shot

SpaceX will launch its first uncrewed Starships to Mars in two years when the next Earth-Mars transfer window opens, chief executive officer Elon Musk said in a post on social media platform X on Saturday.

Musk says SpaceX to launch first uncrewed Starships to Mars in two years

Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform.

Trump pledges ‘100% tariff’ for countries that shun dollar

US Treasury Secretary Janet Yellen said on Saturday that she is "probably done" serving at the highest levels of government after President Joe Biden's term ends in January, but will likely meet again soon with her Chinese counterpart.

Yellen 'probably done' when Biden ends term, may meet Chinese counterpart soon

Turkish President Tayyip Erdogan said on Saturday Islamic countries should form an alliance against what he called "the growing threat of expansionism" from Israel, drawing a rebuke from the Israeli foreign minister.

Türkiye's Erdogan calls for Islamic alliance against Israel

British tech tycoon Mike Lynch died of suffocation after running out of oxygen, an investigative source said, citing initial examinations carried out on Saturday after his body was recovered from the family yacht that sank off Sicily's coast last month.

Autopsy suggests tycoon Mike Lynch likely died of suffocation in yacht — Reuters

Hong Bee Land Sdn has come a long way from its humble beginnings in 1933, when it was known as Hong Bee Textiles. Today, the once low-profile property developer has established itself as one of the leading players in Selangor and Johor.

Hong Bee Land gearing up for more launches

<p>Hong Bee Land Sdn has come a long way from its humble beginnings in 1933, when it was known as Hong Bee Textiles. Today, the once low-profile property developer has established itself as one of the leading players in Selangor and Johor.</p>


<p>Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform.&nbsp;</p>


<p>The oil party isn’t over yet — but for top merchants and executives gathering for talks and rooftop cocktails in Singapore this week, the exuberance that came with the outsized profits of recent years is quickly fading.</p>


<p>All work at the construction site for the Sungai Rasau Water Supply Scheme (Stage 1) project, located at Taman Mas, Puchong, Selangor has been halted to evaluate the situation and implement additional safety protocols.</p>


<p>US Treasury Secretary Janet Yellen said on Saturday that she is "probably done" serving at the highest levels of government after President Joe Biden's term ends in January, but will likely meet again soon with her Chinese counterpart.</p>


<p>The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as the global monetary cycle tilts toward more synchronised easing.</p>


<p>Those who have read <i>When Breath Becomes Air</i>, the beautiful and evocative autobiography by the late neurosurgeon Paul Kalanithi that documents his battle against stage IV metastatic lung cancer, can rest assured they won’t be ugly-crying while reaching for the Kleenex in the book <i>Beyond The White Coat</i>.</p>


Of passion + compassion

<p>Turkish President Tayyip Erdogan said on Saturday Islamic countries should form an alliance against what he called "the growing threat of expansionism" from Israel, drawing a rebuke from the Israeli foreign minister.</p>


<p>Kentucky police were searching rugged terrain near a national forest for a suspect after at least seven people were wounded by gunfire while driving down the rural stretch of an interstate highway, officials said on Saturday evening.</p>


Kentucky shooter at large after wounding at least seven along highway

<p>British tech tycoon Mike Lynch died of suffocation after running out of oxygen, an investigative source said, citing initial examinations carried out on Saturday after his body was recovered from the family yacht that sank off Sicily's coast last month.</p>


<p>SpaceX will launch its first uncrewed Starships to Mars in two years when the next Earth-Mars transfer window opens, chief executive officer Elon Musk said in a post on social media platform X on Saturday.</p>
