Malaysia's Mahathir gets down to work after historic poll win

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