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KUALA LUMPUR: Malaysia is working to locate at least US$4.3bil in assets that have yet to be accounted for in a global money laundering probe into state fund 1MDB, its anti-corruption chief said on Tuesday.
The new proposed cash transaction limit (CTL) should not come as a surprise.
Anyone dealing with financial transactions would already know the increasing vigilance that banks in the country have been having over transactions.
MELBOURNE: Mark McVeigh, a 24-year-old environmental scientist from Australia, won’t be able to access his retirement savings until 2055. But, concerned about what the world may look like then, he’s taking action now, suing his A$57 billion ($39 billion) pension fund for not adequately disclosing or assessing the impact of climate change on its investments.
LONDON: Two years ago, when the initial public offering of Saudi oil giant Aramco held the imagination of foreign investors, President Donald Trump felt compelled to publicly lobby for the share sale to happen in America.
PETALING JAYA: The landmark decision last Tuesday by the apex court which ruled in favour of 104 house buyers has wide implications on the property and lending sectors, Property Real Estate Lawyers Association said.
As the year draws to a close, habitually we reflect on the events passed which, sadly, includes lives lost. If any form of regret factors then it is telling that one might not have done enough or said enough before the person passed away. This article focuses on our elderly which will describe all of us one day.
SOUTHFIELD: General Motors Co. executives had laid the groundwork for a new labour agreement with the United Auto Workers union in September 2015. The company had met most of the union’s demands with a proposal that would have boosted pay and benefits by almost $1 billion over four years.
WASHINGTON: The United States and China have agreed to the first phase of a broader trade agreement that will see the former reduce tariffs, and at least temporarily calm fears of an escalating trade war between the world’s two largest economies.
UBER driver Juan Jose is quick to cover his cell phone with the red rag he keeps in his front seat whenever he spots a police officer on the streets of Bogota.