Malaysia Cuts OPR to Spur Growth | EPF Backs YTL Power | North Korea Rejects Peace Talks

From Malaysia’s interest rate cut to a deadly Himalayan flood, here are today’s top headlines from Asia and the world.

🇲🇾 Malaysia

  • Bank Negara cuts OPR to 2.75% to strengthen growth amid moderate inflation and global uncertainty. Ringgit appreciates 5.1% against USD in Q2.
  • EPF raises YTL Power stake to 9.31%, backing its diversified portfolio and AI innovation with ILMU.
  • Vincent Tan lifts Berjaya Food direct stake to over 5%, snapping up 31.5 million shares in one transaction.

🌏 Asia

  • North Korea’s Kim Yo Jong dismisses South Korea’s peace overtures as a “pipedream”, denies dismantling border loudspeakers, and rules out US talks.

🌍 International

India’s Himalayan village of Chisoti devastated by flash flood — at least 60 dead, 80 missing. Rescue efforts ongoing amid challenging weather and terrain.

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