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SINGAPORE: Singapore authorities are fully prepared to extend further assistance to their Malaysian counterparts on 1MDB-related transactions, the Commercial Affairs Department and the Monetary Authority of Singapore (MAS) said in a statement.
KUALA LUMPUR: Foreign funds reacted to the unprecedented outcome of Malaysia’s General Election (GE14) by dumping RM2.48bil of local equities last week.
SAO PAULO: Rampant corruption scandals and a deep recession soured many foreign investors on Brazil in recent years, but one Canadian group saw opportunity.
WALK into Falcon Private Bank on the Pelikantrasse in central Zurich and you’re immediately struck by the giant photo of a woman crouched in the sprinter’s starting position, painted head-to-toe in gold.
SYDNEY: Billionaire James Packer has resigned 22 Australian company directorships in the last few weeks and no longer holds any board seat in his home country, corporate records show, signalling his almost full retreat from public business life.
CAIRO/OTTAWA: Saudi Arabia will suspend new trade and investment with Canada after that country's foreign ministry urged Riyadh to release arrested civil rights activists, it said in a statement released to the official Saudi Press Agency on Sunday.
KUALA LUMPUR: The Kuala Lumpur Sessions Court today convicted and sentenced a former investment banker for insider trading in the shares of PacificMas Bhd, the Securities Commission said.
PETALING JAYA: A former investment banker, Lim Bun Hwa, has been sentenced to six months jail and fined RM1mil after pleading guilty to five charges of insider trading in the shares of PacificMas Bhd.
LONDON: The head of the company set to drill Britain’s first fracking well in a decade shrugs off the risk that protesters and government’s main opposition will shut down his project before it can start.