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Business 31 Jul 2021 | 7:00 AM

Demand for glittery gold

In good and bad times, gold is often said to be a safe haven asset class. That may explain why gold demand in the country shot up 41% to 3.3 tonnes in the second quarter of this year amid the Covid-19 pandemic. Out of that, 2.3 tonnes (up 26% from a year ago) were bought by consumers in the form of gold jewellery.

Nation 24 Jul 2021 | 7:00 AM

Forfeiture case postponed

KUALA LUMPUR: The High Court has postponed the hearing of a 1Malaysia Development Bhd-linked (1MDB) forfeiture suit against former prime minister Datuk Seri Najib Razak and 17 others, involving luxury items among others, to Aug 30 due to a development in the case.