Malaysia's new Prime Minister Mahathir Mohamad, 92, officially got down to work Monday after his shock election win last week that broke the six-decade stranglehold on power of a corruption-riddled regime. The stock market opened for the first time since Wednesday's polls but did not slide as heavily as had been anticipated after Mahathir sought in a speech Sunday to calm investors. Ooi Chin Hock, a dealer with SJ Securities, told AFP he believed the "government is supporting the stock market to make sure there is not too much volatility".
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May 14, 2018 at 09:15AM
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