Jho Low bulldozed Najib’s instruction letter for AmBank accounts, claims defence
The BBM transcript showed an exchange between Yu and Jho Low, where Yu tweaked the date of the instruction letter from Dec 24, 2014 to Dec 29, 2014.
Najib applies to strike out RM52.6m suit by Deepak over RM198.9m Bank Rakyat loan debacle
Former prime minister Datuk Seri Najib Razak, his wife, his brother and two others have applied to strike out the RM52.6 million civil suit filed against them by businessman Deepak Jaikishan claiming conspiracy and fraud.
Day 47 of Najib's SRC trial: Joanna Yu to continue testifying for seventh day
This marks the seventh day for Yu — the 54th prosecution witness in the trial — in the witness stand, after a long and aggressive round of questioning by Najib's lawyer Harvinderjit Singh over the past week.
Court of Appeal dismisses application to postpone 1MDB trial
"This follows the High Court being prepared to accommodate the parties' schedules when necessary. The parties [prosecution and defence] are at liberty to apply [for postponement before the trial judge] should the SRC International Sdn Bhd trial fail to conclude," the court ruled.
HLIB: More US-China trade tensions could prompt OPR cut to 2.75% — lowest since March 2011
As a small open economy, Malaysia will not be insulated by the escalating trade tensions, HLIB said in a strategy note today.
Malaysia's household debt deleveraging to continue: Report
The stock of household debt as a share of gross domestic product (GDP) in Malaysia has declined over the years, thanks in part to a weaker housing market, and more deleveraging is likely to continue.
MRCB bags RM150m contract to supply chilled water to office building in Kwasa Damansara
KD District Cooling System Sdn Bhd (KDDCS) was awarded the contract by the Employees Provident Fund Board's (EPF) wholly-owned unit Kwasa Utama Sdn Bhd to supply chilled water to an office building in Kwasa Damansara for a period of 25 years from Sept 1.
BNM may cut OPR again if there is further rate cut by Fed, says MARC
"Although our base case scenario calls for the OPR to remain at status quo for the rest of the year, we do not rule out the possibility of another downward adjustment in 2020 if macroeconomic conditions deteriorate," MARC chief economist Nor Zahidi Alias said.
Sime Darby Property secures 72% take-up for Laman Lakeside in Klang
Laman Lakeside is part of the group’s Spotlight 8 campaign and the second residential product launched in July within the Bandar Bukit Raja township, after the Kyra two-storey link homes that were launched on July 13.
BNM freezes 35 bank accounts, seizes RM4m of cash and properties in joint operation
BNM said the joint operation by the three law enforcement agencies were conducted on a network of illegal money services business (MSB) operators, suspected to be facilitating illegal remittance activities, mainly for foreign customers and business traders.
