US authorities have reached a deal to recover another $49 million in assets bought with money looted from Malaysia’s 1MDB state investment fund and laundered through the global financial system. More …
U.S. reaches settlement to recover over $49 million involving Malaysia’s 1MDB: DOJ
The United States has reached a settlement to recover more than $49 million involving Malaysian sovereign wealth fund 1MDB, the Department of Justice said.
Malaysia slashes rates to fight virus impact
Malaysia’s central bank on Tuesday slashed interest rates to their lowest level since the 2009 global financial crisis as the coronavirus pandemic batters the economy. Bank Negara Malaysia slashed the …
Asia virus latest: Japan extends emergency; Malaysia eases curbs
Here are the latest developments from Asia related to the coronavirus pandemic: – Japan extends virus emergency – Japan’s Prime Minister Shinzo Abe extended a state of emergency until the end of May, …
Najib’s 1MDB Trial to Resume Next Week as Malaysia Eases Lockdown
The trial of Malaysia’s former leader Najib Razak for his alleged role in 1MDB will resume next week as the country relaxes its lockdown.
Malaysia reports 55 new coronavirus cases with no new deaths
Malaysian health authorities on Monday reported 55 new coronavirus cases, raising the total to 6,353 cases as Malaysians began heading out under relaxed curbs on movement and businesses.
Migrant Workers in Malaysia to Undergo Coronavirus Tests as Curbs Eased
A family jog at a park near Petronas Twin Towers as Malaysia reopens a majority of businesses, after a movement control order was imposed to fight the outbreak of the coronavirus disease (COVID-19), …
Asia virus latest: Japan to extend emergency; Malaysia eases curbs
Japan’s government prepared to extend its nationwide state of emergency to the end of May as it braced for a lengthy battle against the coronavirus pandemic. Prime Minister Shinzo Abe declared an …
Asia Today: No new cases in N Zealand; Malaysia reopens some
New Zealand reported no new cases of the coronavirus on Monday, marking a significant moment that indicated the country’s bold strategy of trying to eliminate …
Rohingya refugees sent to flood-prone Bangladesh island after months at sea
After being turned away by Malaysia, at least 500 Rohingya refugees facing persecution in Myanmar have spent two months at sea. Now one boat of 29 people has been sent to an “uninhabitable” …