Malaysia Latest: Infighting in Key Bloc as PM Gridlock Continues – Bloomberg

Bloomberg Markets European Close. Live from New York and London, analyzing the major market moving stories across the day in Europe, hear from the biggest newsmakers and showcase the unrivaled expertise of Bloomberg News.
Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens.
Athletes’ ambitions don’t end when they leave the field of play. Now more than ever, players rightly see themselves as multi-faceted entrepreneurs, and seek ways to leverage their brands in everything from real estate to venture capital. “Athlete | Empire” presents the in-depth, intimate stories of these businesses, as told by the players themselves.
Wall Street Journal Names Emma Tucker as Next Chief Editor
Nigeria Oil Output in November Rises After Hitting a Multidecade Low Months Earlier
Ireland Will Get Less Growth From Multinationals Next Year
World Debt-GDP Ratio Plummets But Remains Above Pre-Covid Level
Homes, Resources Drive Sharpest Drop in Canadian Net Worth Since 2008
Manchester City to Explore Expanding Etihad Stadium Capacity to 60,000
Oil Traders Pump a Record $500 Million Into One Fund as Prices Plunge
Shopify’s $118 Billion Rout Slows Canada’s Stellar Stock-Market Run
Japan to Join US Effort to Tighten Chip Exports to China
Microsoft’s LSEG Deal Opens Door to Lucrative Finance Market
Hungary Puts Economic Well-Being on the Line in Latest EU Fight
India and China Troops Clashed Near Disputed Border Last Week
Americans Cut Back on Spending With Inflation Hitting Holidays
Goldman’s Former Broad Street Tower Eyed for Housing Conversion
Mississippi State’s Mike Leach Listed in Critical Condition
High Court Won’t Hear Title IX Case Involving Michigan State
It’s Time for Biden to Unleash His Mega Oil Trade
Elon Musk Is Ruining Trump’s Presidential Campaign
The American Dream Needs an Extensive Renovation
TikTok’s Problem Child Has 7 Million Followers and One Proud Mom
Royal Caribbean CFO Says Experience Seekers Are Fueling Comeback
The High Price of Bad Business: Corporate America’s Biggest Settlements
Los Angeles Pins Hope on Karen Bass to Fix One of the Worst Homeless Crises in the US  
Top Law Schools Snub ‘US News’ Rankings, Marking Shift in Legal Industry
Every Fifth Car on the Road in Norway Is Now Electric
Teck’s New CEO Looks to Tap Cash From Coal to Fuel Copper Expansion
New York City Faces Pot ‘Purgatory’ as Enforcement Escalates
How the Parking Garage Conquered the City
A DC Homeless Shelter With Many Faces
Did Stimulus Checks Contribute to the Crypto Crash? That’s One Theory (Podcast)
US Probes FTX Founder for Fraud, Examines Cash Flows to Bahamas
This Week in Crypto (Podcast)
Malaysia’s King Sultan Abdullah Sultan Ahmad Shah outside the National Palace in Kuala Lumpur on Nov. 21.
Photographer: Mohd Rasfan/AFP/Getty Images
Subscriber Benefit
Subscribe
Sign In
A key Malaysia bloc that could break the impasse on selecting a new prime minister was riven by infighting with lawmakers demanding their chief resign for misrepresenting their position to the monarch
Barisan Nasional Chairman Ahmad Zahid Hamidi had told King Sultan Abdullah Sultan Ahmad Shah the bloc supported opposition leader Anwar Ibrahim as the new prime minister, but lawmakers didn’t want to back him or the other contender, former premier Muhyiddin Yassin, an official said. 

source