Business, markets and economy news from Malaysia.
Andy Burnham, Greater Manchester's mayor, has become a frontrunner to lead Britain's Labour Party following Keir Starmer's resignation announcement, signalling a significant shift in the party's direction.
UK Prime Minister Keir Starmer announced his resignation on Monday, setting the stage for Labour to elect a new party leader before parliament reconvenes in September. This marks Britain's seventh leadership change in a decade.
UK Prime Minister Keir Starmer is expected to announce a resignation timetable imminently, with reports indicating the announcement could come as early as Monday amid widespread criticism of his government's handling of immigration and energy policy.
British Prime Minister Keir Starmer has announced his resignation, with a successor to be chosen and in place by September when parliament returns. The decision comes after mounting pressure within his Labour party.
British Prime Minister Keir Starmer, who won office in July 2024 on a platform of restoring stability, now confronts serious political headwinds as policy reversals and controversies damage his standing with voters.
Labour's Andy Burnham could strengthen his hand in challenging PM Keir Starmer if he wins Thursday's Makerfield by-election, with right-wing vote fragmentation working in his favour.