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Nation

Hasanah arrested over missing election funds

PUTRAJAYA: Former director-­general of Malaysian External Intelligence Organisation Datuk Hasanah Abdul Hamid has been arrested by anti-graft busters probing the latest case of misappropriation of GE14 funds.

Business

Australia inquiry finds pension funds broke rules

SYDNEY: Initial findings from a powerful inquiry into Australia's financial sector strongly criticised pension funds run by National Australia Bank and Commonwealth Bank for regulatory breaches including overcharging customers and failing to act in their best interest.

Business

EWI in talks with global pension funds

LONDON: EcoWorld International Bhd (EWI) is in talks with global pension funds and insurance companies for the sale of some of its projects in the United Kingdom, as it delivers the Amelia Building in London City Island six months ahead of schedule.

Metro News

Distribution of funds for sports associations to be reviewed

MELAKA: The state government will review how funds are channelled to sports associations so a fairer and more systematic distribution system can be introduced.

Metro News

Fun ride to raise funds for paralysed orphan

KUCHING: An upcoming cycling event in Mukah aims to raise funds for a primary school pupil who was left orphaned and paralysed in a road accident two years ago.

Metro News

Musical show to raise funds for expansion of clinic in Brickfields

TEMPLE of Fine Arts (TFA) is organising a musical extravaganza, Sanmaarga – Celebrating Light & Life – to raise funds for the proposed expansion of Klinik Derma SivaSanta in Brickfields.

Business

Top hedge funds stung by outflows hitting big investments

NEW YORK: Some of the biggest and best-known hedge funds can’t hang on to client capital.

Business

Low-volatility funds got volatile in stock rout

NEW YORK: Friday’s US stock rout, the worst since Britain voted to leave the European Union, spared few investors, particularly not owners of exchange-traded funds designed to minimise turbulence.

Nation

DAP expels Teluk Datok rep over alleged misuse of funds

PETALING JAYA: DAP has terminated the membership of Teluk Datok assemblyman Loh Chee Heng for allegedly misusing state funds allocated for his constituency.

Business

Green stock funds bloom in Malaysia as syariah goes sustainable

KUALA LUMPUR: Islamic asset managers are setting up sustainable stock funds in Malaysia as they tap demand for more environmentally conscious investing.