Malaysia planning to sign up for BRICS economic group, media report claims

Malaysia planning to sign up for BRICS economic group, media report claims


A general check out of flags of (From L to R) South Africa, Brazil, Russia, India and China in the course of the 2023 BRICS Summit at the Sandton Conference Centre in Johannesburg on August 24, 2023.

Michele Spatari | Afp | Getty Illustrations or photos

Malaysia is getting ready to join the BRICS team of rising economies, Primary Minister Anwar Ibrahim explained in an job interview with Chinese media outlet Guancha.

The BRICS group of nations initially provided Brazil, Russia, India, China, and South Africa, which gave it the acronym.

The team previous calendar year started to expand its membership as it appears to be to obstacle a entire world order dominated by Western economies, with Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates becoming a member of and more than 40 international locations expressing curiosity.

“We have created a choice, we will be putting the formal procedures shortly… we are just waiting around for the final results from the government in South Africa,” Anwar reported, in accordance to a video clip of the interview posted by Guancha on Sunday.

BRICS expansion a 'victory for China,' think tank says

A agent from Anwar’s office on Tuesday confirmed his reviews to Reuters.

In the course of the job interview, he did not offer more facts on the software approach.

Anwar’s remarks arrived ahead of a 3-working day visit by Chinese Leading Li Qiang this 7 days, as component of celebrations marking the 50th yr of diplomatic relations involving Malaysia and China.

Malaysia and China are predicted to indication a number of specials during Li’s check out, including renewing a five-calendar year trade and economic cooperation agreement.



Supply

Dow rises 600 points as oil retreats on Iran deal progress; AMD jumps after earnings: Live updates
World

Dow rises 600 points as oil retreats on Iran deal progress; AMD jumps after earnings: Live updates

Traders work on the floor of the New York Stock Exchange on April 30, 2026. NYSE Stocks rose on Wednesday following a report that the U.S. and Iran were nearing an agreement to end the war. The Dow Jones Industrial Average added 675 points, or 1.4%. The S&P 500 advanced 1.4%, while the Nasdaq Composite […]

Read More
Stocks making the biggest moves midday: AMD, Corning, Arm Holdings, Cencora, Uber & more
World

Stocks making the biggest moves midday: AMD, Corning, Arm Holdings, Cencora, Uber & more

Here are the stocks making headlines in midday trading. Arm Holdings — The British semiconductor designer’s stock jumped almost 13% on Nasdaq ahead of its latest earnings report due out after the close Wednesday. UBS analyst Timothy Arcuri raised his 12-month price target on ARM Tuesday to $245 from $175 previously. Healthpeak Properties — Shares […]

Read More
Anthropic, SpaceX announce compute deal that includes space development
World

Anthropic, SpaceX announce compute deal that includes space development

Dario Amodei, co-founder and chief executive officer of Anthropic, during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Samyukta Lakshmi | Bloomberg | Getty Images Anthropic on Wednesday announced a deal with Elon Musk’s SpaceX to use all of the compute capacity at his company’s Colossus 1 data center in Memphis, […]

Read More