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LONDON/DUBAI/SINGAPORE:Oil prices jumped by around 8% on Tuesday (March 10) a day after the biggest rout in nearly 30 years as investors eyed the possibility of economic stimulus and Russia signalled that talks with OPEC remained possible.
KUALA LUMPUR: The High Court heard that the Malaysian Anti-Corruption Commission (MACC) had suggested for Datuk Seri Najib Razak to be charged under Section 403 of the Penal Code over the 1Malaysia Development Bhd (1MDB) scandal but it did not materialise as there was insufficient evidence to back up the case.
DUBAI (Reuters) - Saudi Arabia's crown prince meant to send a strong message to critics within the royal family by detaining senior princes this weekend: Don't you dare oppose my succession to the throne.
SINGAPORE: Saudi Arabia plans to boost oil output next month to well above 10 million barrels a day, as the kingdom responds aggressively to the collapse of its OPEC+ alliance with Russia. The world’s largest oil exporter engaged in an all-out price war on Sunday by slashing pricing for its crude by the most in more than 30 years.
RIYADH (Reuters) - Saudi Arabia has detained three senior Saudi princes including Prince Ahmed bin Abdulaziz, the younger brother of King Salman, and Prince Mohammed bin Nayef, the king's nephew, for allegedly planning a coup, sources with knowledge of the matter said.
KUALA LUMPUR: The High Court was told that a Saudi prince did not sign a statement to the Malaysian Anti-Corruption Commission (MACC) during the 1Malaysia Development Bhd (1MDB) investigation because he had “immunity”.
KUALA LUMPUR: A Malaysian Anti-Corruption Commission (MACC) senior officer told the High Court that there were protocols to adhere to when it comes to the Saudi royal family, rendering them to be cautious in their conduct during an investigation with the royals.
Ex-MIC legal advisor was present during MACC's interview of Jho Low's associate in Riyadh, officer tells court
KUALA LUMPUR: A Malaysian Anti-Corruption Commission (MACC) investigating officer told the High Court that former MIC legal advisor Datuk Selva Mookiah was also in Riyadh in November 2015 when the commission carried out its investigation into 1Malaysia Development Bhd (1MDB) in Saudi Arabia.
KUALA LUMPUR: A Malaysian Anti-Corruption Commission (MACC) investigating officer who was involved in the 1Malaysia Development Bhd (1MDB) investigation says he was not sure whether a man he met in Saudi Arabia was Prince Saud Abdulaziz, said to be the signatory behind the purported letters claiming of a RM2.6bil donation, the High Court heard.