{"id":6776,"date":"2023-03-20T16:43:41","date_gmt":"2023-03-20T08:43:41","guid":{"rendered":"https:\/\/teafm.com.my\/?p=6776"},"modified":"2023-03-20T16:44:31","modified_gmt":"2023-03-20T08:44:31","slug":"1027032010-2","status":"publish","type":"post","link":"https:\/\/teafm.com.my\/?p=6776","title":{"rendered":"\u301020\/03\u3011News of the day"},"content":{"rendered":"\n<p><strong>Relief over Credit Suisse deal crumbles as focus shifts to bond risks<\/strong><\/p>\n\n\n\n<p>Banking stocks tumbled on Monday as initial relief over a historic state-backed rescue of troubled lender Credit Suisse by Swiss rival UBS Group gave way to new worries about the risks of high-yield debt issued by big banks.<br>In a package orchestrated by Swiss regulators on Sunday, UBS Group AG will pay 3 billion Swiss francs ($3.23 billion) for 167-year-old Credit Suisse Group AG and assume up to $5.4 billion in losses.<br>Major central banks, faced with the risk of a fast-moving loss of confidence in the financial system, also scrambled on Sunday to bolster the flow of cash around the world with a series of coordinated currency swaps to ensure banks have the dollars needed to operate.<\/p>\n\n\n\n<p><br><strong>Two S\u2019wakians among 16 appointed as Senators<\/strong><\/p>\n\n\n\n<p>Two Sarawakians are among 16 individuals appointed as Senators of the Dewan Negara effective today.<br>They are Parti Keadilan Rakyat (PKR) Sarawak deputy chairman Abun Sui Anyit and Democratic Action Party\u2019s (DAP) Sarikei branch secretary Roderick Wong Siew Lead.<br>They are joined by two Sabahan politicians, namely Datuk Seri Anifah Aman, who is former foreign minister and Sabah DAP vice-chairman Noorita Sual.<br>In a statement, Dewan Negara president Tan Sri Dr Rais Yatim said with the appointment of 16 new senators today, the number of members of the Dewan Negara now stands at 64.<br>He hoped the new senators will carry out their task in accordance with the Federal Constitution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relief over Credit Suisse deal crumbles as focus shifts [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":6777,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[221],"tags":[],"class_list":["post-6776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-of-the-day"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/teafm.com.my\/index.php?rest_route=\/wp\/v2\/posts\/6776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teafm.com.my\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teafm.com.my\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teafm.com.my\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/teafm.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6776"}],"version-history":[{"count":1,"href":"https:\/\/teafm.com.my\/index.php?rest_route=\/wp\/v2\/posts\/6776\/revisions"}],"predecessor-version":[{"id":6778,"href":"https:\/\/teafm.com.my\/index.php?rest_route=\/wp\/v2\/posts\/6776\/revisions\/6778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teafm.com.my\/index.php?rest_route=\/wp\/v2\/media\/6777"}],"wp:attachment":[{"href":"https:\/\/teafm.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teafm.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teafm.com.my\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}