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KUALA LUMPUR (May 8): Malayan Banking Bhd (Maybank) will revise its base lending rate (BLR) and base rate (BR) by 20 basis points (bps) effective tomorrow in line with the cut in Bank Negara Malaysia (BNM)’s Overnight Policy Rate (OPR) to 3% on May 7.

KUALA LUMPUR (May 8): The High Court has today fixed May 24 to hear the prosecution's application for a joint trial of Datin Seri Rosmah Mansor's money laundering and RM1.

KUALA LUMPUR (May 8): A heated exchange ensued between Bank Negara Malaysia (BNM) investigating officer Ahmad Farhan Sharifuddin (pictured) and Datuk Seri Najib Razak's defence counsel in the High Court today on the issue of why the former premier was not alerted of suspicious transactions in his account.

KUALA LUMPUR (May 8): Apart from former premier Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor, their children Nooryana Najwa, 31, and Nor Ashman Razak, 28, along with Najib's step son Riza Shahrir Abdul Aziz, 43, are named in a RM680 million forfeiture action filed yesterday (May 7) by the Malaysian government.

KUALA LUMPUR (May 8): Finance Minister Lim Guan Eng says the repatriation of 1Malaysia Development Bhd (1MDB)-related assets from the US and Singapore will be used to service 1MDB's debts currently amounting to RM51 billion.

KUALA LUMPUR (May 8): The government and the police have filed a civil forfeiture suit against former premier Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and several others in relation to jewellery, cash, handbags and luxury vehicles said to have been bought using 1 Malaysia Development Bhd (1MDB) funds.

  PETALING JAYA (May 8): Perbadanan PR1MA Malaysia (PR1MA) said it is currently undertaking a transformation exercise to better fulfil its mandate and adapt to market conditions.

  KUALA LUMPUR (May 8): The Datuk Seri Najib Razak SRC International Sdn Bhd trial, where the former premier faces seven charges of criminal breach of trust, money laundering and abuse of power trial over RM42 million from the former 1Malaysia Development Bhd (1MDB) subsidiary, enters its 15th day today with Kumpulan Wang Persaraan (Diperbadankan) (KWAP) former assistant vice-president Amirul Imran Ahmat continuing his cross-examination.

KUALA LUMPUR (May 8): Malaysia has thus far recovered US$322 million — equivalent to about RM1.

KUALA LUMPUR (May 7): Malaysia has topped the list as the most property-obsessed country in Southeast Asia.