Malaysia News

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Malaysia: Food, Transport To Boost Inflation In May

ByPrakash Sakpal, Economist, AsiaInflation will stay low throughout 2018 due to a cut in the Goods and Services tax (GST). This, along with strong growth and a resilient currency, rules out the need for a central bank (BNM) policy changeInflation for May is dueMalaysia's consumer price data for the

SEEKINGALPHA.COM - 2018-06-18 10:29:03

1MDB Scandal Turns Bond Funds Against Malaysia

The scandal around troubled state-investment-fund 1MDB is turning bond funds against Malaysia. The disclosure that the nation’s debt is almost 60 percent higher than previous estimates, largely because of hidden liabilities tied to the troubled state investment fund, is convincing even fans of the c

BLOOMBERG - 2018-06-18 00:53:57

Hopes for New Era of Malaysian Free Speech Are High, but Pending

KUALA LUMPUR, Malaysia — For his cartoons skewering Malaysia’s political elite,Zulkiflee Anwar Haque was hit with nine sedition chargesand banned from leaving the country.

NEW YORK TIMES - 2018-06-18 00:00:00

VEGOILS-Palm slips over 1 pct on weaker demand, crude oil

KUALA LUMPUR, June 18 (Reuters) - Malaysian palm oil futures saw their sharpest decline in a week at the close of trade on Monday evening, on the back of weaker export demand and a fall incrude oilprices.

INVESTING.COM - 2018-06-18 00:00:00

BTC ETH XRP Down Today – Crypto currency Daily Roundup: June 18

Hollywood starKurt Russellis playing an important role in an upcoming film about cryptocurrencies. Featuring Russell, Alexis Bledel, Jeremie Harris, and Luke Hemsworth, the filmCryptoshows a story of a young anti-money laundering agent, played by Beau Knapp, who investigates a fraud case in his town

CNBC - 2018-06-18 00:00:00

Funds Turn Cool on Malaysia as 1MDB Swells Debt to $250 Billion

Unexpected scale of indebtedness leads to fears of downgradeFiscal, political risks are reasons to be cautious, Pimco says

BLOOMBERG - 2018-06-17 23:26:34

Second suicide bombing in 2 days mars ceasefire in Afghanistan

Kabul, Afghanistan (CNN)A suicide bomber attacked near a governor's compound in Jalalabad, Afghanistan, on Sunday, killing at least 18 people and wounding at least 49, Nangarhar provincial spokesman Attaullah Khoghyani told CNN.

CNN - 2018-06-17 12:24:10

MH370 disaster: How new space tech can keep track of aircraft

The mysterious disappearance ofMalaysia Airlines flight 370, which has been missing for more than four years, has thrust aircraft-tracking technology into the spotlight.


Malaysia's ex-PM Najib may face graft charges over 1MDB: reports

Najib, who established 1MDB in 2009, is the subject of a money laundering and corruption probe, after reports surfaced that millions of dollars allegedly made their way into his personal bank accounts from the fund and its former subsidiary, SRC International.


Exclusive: Malaysia's Najib may face charges of money laundering, misappropriation of property - source

KUALA LUMPUR (Reuters) - Malaysian authorities investigating scandal-hit state fund 1Malaysia Development Berhad (1MDB) are considering charging former prime minister Najib Razak with money laundering and misappropriation of property, a source familiar with the matter said. Najib, who founded 1MDB


Former Malaysian PM may face corruption charges

Reuters, the news and media division ofThomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the wor


Blog Exposure - ING Collaborates with AXA to Provide Insurance Products & Related Services

ING) ("ING"), all you need to do is sign up now by clicking the following linkwww.active-investors.com/registration-sg/?symbol=INGas the Company's latest news hit the wire. On June 13, 2018, the Company announced that it has inked a long-term, multi-country bancassurance partnership with AXA, to pro


Today’s Free Reports Detour Gold, Silvercorp Metals, McEwen Mining, and Torex Gold Resources

Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Detour Gold, Silvercorp Metals, McEwen Mining, and Torex Gold Resources. Access our complimentary up-to-the-minute research reports by becoming an online member now:" cla


Fidelity Cuts Fees on Target-Date Funds as Competition Heats Up

Fidelity Investments, which has been cutting prices to compete with low-cost rivals such as Vanguard Group and Charles Schwab Corp., is trimming fees on the target-date index funds it sells to retirement plans and rolling out new offerings that combine active and passive strategies.


EU to phase out palm oil from transport fuel by 2030

FILE PHOTO: A worker collects palm oil fruit inside a palm oil factory in Sepang, outside Kuala Lumpur in this June 18, 2014 file photo. REUTERS/Samsul Said/File Photo


Malaysia to seek return of 1MDB money from banks, political parties

KUALA LUMPUR (Reuters) - Malaysia intends to recover all funds illicitly taken from 1Malaysia Development Berhad (1MDB), and determine whether there are grounds for claims against companies, including Goldman Sachs (GS.N), that profited from dealing with the beleaguered state fund. FILE PHOTO: Men


International Day of Family Remittances: Working to Build Prosperity at Home | Markets Insider

ROME,June 14, 2018/PRNewswire-PRWeb/ --Â Ahead of the International Day of Family Remittances to be observed on 16 June,Gilbert F. Houngbo, President of the International Fund for Agricultural Development (IFAD) called for continued efforts to help remittance-receiving families build a sustainable f


VEGOILS-Palm recovers as traders buy at low prices, ahead of festive period

KUALA LUMPUR, June 14 (Reuters) - Malaysian palm oil futures rose on Thursday, pulling back from a more than 22-month low hit in the previous session, as traders took the opportunity to buy at low prices ahead of Eid festivities during the weekend.


Mahathir Mohamad, Leading Malaysia Again at 92, Is on a Mission

At the Finance Ministry down the street, Lim Guan Eng, Malaysia’s new finance minister, found computers in which even the highest-ranking bureaucrats were locked out of certain accounts. In some cases, vital files were accessible only to a single person:Najib Razak, the nation’s scandal-tainted form


Goldman Sachs Made Millions in Malaysia. Now Malaysia Wants Some Money Back.

Malaysia’s new finance minister, Lim Guan Eng, center, said the government would “seek some claims” from Goldman Sachs, which helped raise billions of dollars for the 1MDB state investment fund. The fund is at the center of a scandal that led to the downfall of the previous government.