Business, markets and economy news from Malaysia.
Prime Minister Anwar Ibrahim has secured the highest approval rating at 52% in a new Merdeka Center poll, surpassing opposition figures including former Umno Youth chief Khairy Jamaluddin and Bersatu president Muhyiddin Yassin.
South Korea's Democratic Party chairman Jung Chung-rae has resigned, paving the way for his candidacy in the party's August leadership convention. The move signals intensifying internal power struggles within the ruling coalition.
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.
The Observer newspaper reported UK Prime Minister Keir Starmer was preparing to resign with a departure timeline, but government officials denied the claims, stating the PM remains committed to his role.
Malaysia's Registry of Societies has formalised Perikatan Nasional's leadership transition, establishing that Datuk Seri Dr Ahmad Samsuri Mokhtar's approval is mandatory for any coalition activity or meeting.
The Philippine Senate has elected Senator Sherwin Gatchalian as its new president following a tense political struggle. The former Valenzuela City mayor secured the position with just the minimum 13 votes needed, marking a significant leadership transition.