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Showing posts with the label US military forces

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Market Daily Report: Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.60 points, or 0.09 per cent, to 1,670.02, from Friday’s close of 1,671.62. The benchmark index, which opened 0.93 of-a-point higher at 1,672.55, moved between 1,668.61 and 1,674.11 throughout the trading session. Market breadth was negative as losers surpassed gainers 748 to 388, while 517 counters were unchanged, 1,271 untraded and 91 suspended. Turnover slipped to 3.11 billion units worth RM2.40 billion from 4.07 billion units valued at RM2.69 billion on Friday.

Trump Demands Higher Payments from South Korea for US Troop Presence

Donald Trump , the Republican presidential candidate , has reignited his stance on South Korea’s financial contribution to host US troops , stating that South Korea should pay significantly more if he returns to the White House. He described the nation as a "money machine" and claimed that they would willingly pay US$10 billion annually to keep US military forces stationed there. Trump's remarks come shortly after a new five-year cost-sharing agreement was reached between the US and South Korea , where Seoul agreed to raise its contribution to 1.52 trillion won (US$1.13 billion) by 2026. This deal increases South Korea’s payment by 8.3% compared to this year. During his presidency, Trump pushed for South Korea to contribute US$5 billion , far higher than the US$1 billion previously agreed upon. He has consistently criticized US allies for not spending enough on defense arrangements and emphasized that North Korea's nuclear capabilities justify higher paymen...