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Corporate News 08 Jan 2022 | 6:25 AM

US judge sets ex-Goldman banker's 1MDB corruption trial for February, despite Omicron

NEW YORK: A U.S. judge on Friday said a former Goldman Sachs banker charged in the 1MDB Malaysian sovereign wealth fund scandal will be tried in early February, expressing confidence the Omicron coronavirus variant will not upend the trial.

Economy 08 Jan 2022 | 7:00 AM

Where’s the global economy heading to?

THE world’s top central bankers, led by Federal Reserve chairman Jerome Powell, have warned that rising demand pressures and supply chain bottlenecks are continuing to hold back recovery of the world economy, and have helped to fuel more elevated price pressures as they have intensified.