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A letter from DR PAMELA YONG, Deputy Chairman, Institute of Strategic Analysis and Policy Research (Insap).
KUALA LUMPUR: Petroliam Nasional Bhd. has raised about 6 billion ringgit ($1.4 billion) by cutting its stakes in three listed units, people with knowledge of the matter said.
KUALA LUMPUR: Petroliam Nasional Bhd has disposed of some stakes in three of its related companies to Malaysia institutional funds.
KUALA LUMPUR (Bernama): The High Court was told that the road tax and insurance for 20 vehicles belonging to former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi amounting RM107,509.55 was paid from Yayasan Akalbudi Foundation funds, between January and September 2015.
KUALA LUMPUR: Datuk Seri Najib Razak spent US$130,625 (RM466,330.11) for a luxury watch in 2014 as a birthday gift for his wife Datin Seri Rosmah Mansor, the High Court heard.
SINGAPORE: Oil traded near the highest level in almost 12 weeks after Saudi Arabia surprised the market Friday with a significant supply cut beyond what was agreed to with fellow OPEC+ members.
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.
KUALA LUMPUR: Former MIC secretary-general Datuk Seri S. Vell Paari has filed an originating summons against his father Tun S. Samy Vellu to determine the latter’s mental state through an inquiry under Mental Health Act 2001.
KUALA LUMPUR: Offshore funds accelerated their selling of equities on Bursa Malaysia last week to RM834.6mil, said MIDF research.
KUALA LUMPUR: Blue chips slumped in early Monday trade, weighed down by declines in Tenaga Nasional and Axiata, as Bursa trailed the more positive key Asian markets.