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The Perikatan Nasional government’s rumoured plan appears to be a strategy to buy time to pass Budget and defuse political squabbles
Government shutdowns in the United States due to disagreements between lawmakers to pass the federal budget before a deadline are not uncommon.
KUALA LUMPUR/WASHINGTON: Goldman Sachs Group Inc on Thursday reached a deal to settle a probe into the bank's role in Malaysia's 1MDB corruption scandal, which included total penalties of US$2.9 billion.
As local interest picks up, foreign selling is also increasing
Green Packet unit invests in Singapore firm ION Mobility
COPENHAGEN: Real estate investors are trying to figure out how to block a proposal by Denmark to close a legal loophole through which they’ve enjoyed virtually unlimited tax deferrals on value gains.
HONG KONG: Hong Kong's markets watchdog on Thursday fined Goldman Sachs's Asian business $350 million for its role in Malaysia's 1MDB scandal, the largest single fine ever levied by the regulator in the Asian financial hub.
KUALA LUMPUR: Cagamas Bhd’s inaugural Asean Sustainability SRI Sukuk, totalling RM450mil for affordable housing, has received overwhelming response.
BEIJING: Beijing-based education technology startup Yuanfudao said on Thursday that it has secured $2.2 billion from major Chinese and international investors in two recent rounds of financing that it said lifts the company's valuation to $15.5 billion.