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S’pore steps up meetings with M’sia over 1MDB

Over SINGAPORE: Investigators from Singapore and Malaysia have been meeting to share information about probes related to 1Malaysia Development Bhd (1MDB), according to authorities in the city-state.

Singapore steps up meetings with Malaysia over 1MDB probes

SINGAPORE: Investigators from Singapore and Malaysia have been meeting to share information about probes related to 1Malaysia Development Bhd, according to authorities in the city-state.
Malaysia is working with several countries including Singapore on what’s alleged to be a $4.5 billion fraud from the state investment fund.

MAS: Global growth risks risen ‘significantly’

SINGAPORE: Singapore’s central bank said tail risks to global economic growth have increased “significantly” in the past six months because of a pick-up in inflation and trade tensions.

1MDB trial is just start of Malaysian war on graft

SINGAPORE: The 1MDB trial is just the start of Malaysia's war on graft. On Wednesday, former Prime Minister Datuk Seri Najib Tun Razak was charged in connection with the $6 billion scandal.

Currencies rise on yuan reprieve before deadline

SINGAPORE: Asian currencies and most sovereign bonds rose as the People’s Bank of China’s pledge to keep the yuan stable reduced investor anxiety before the U.S. tariff deadline on Friday. Stocks fell.

Search is on for Nazir’s successor

CIMB Group chairman Datuk Seri Nazir Razak, a seasoned banker and the face behind the country’s second largest lender, will leave the banking group. The question is whether he will stay until the end of his current term which ends in March next year or exit the bank earlier than that.

Datuk Seri Nazir Razak. — Bloomberg

The burden to the country

TIM says corruption in the country’s civil service has been increasing over the years

Dass: Corruption will lower the country’s competitiveness.

Tenaga delivers much needed boost to Bursa Malaysia

KUALA LUMPUR: Tenaga Nasional helped power the FBM KLCI to a higher close on Friday, snapping the downward trend since the May 9 general elections as foreign funds fled the market, worsened by the unfolding of the scandal-hit 1Malaysia Development (1MDB).

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