James Roberto
Eurojust Aids Crackdown on EUR 645 Million Medicinal Cannabis Fraud Across...
Eurojust aids in dismantling a multi-million Euro fraud scheme involving fake investments in medicinal cannabis plants across Europe, marking a significant collaborative effort to combat transnational financial crimes.
Landmark Verdict: Vietnam Tycoon Truong My Lan Sentenced to Death in...
In a landmark verdict, Vietnamese tycoon Truong My Lan faces the death penalty for her central role in a colossal $12.5 billion financial fraud case, underscoring the nation's commitment to combating corruption and restoring public trust in governance.
Palestine’s Bleak Future: Reflections after Six Months of Conflict
Amidst the devastation of the Israel-Palestine conflict, questions arise about the ability of both Israelis and Palestinians to maintain their humanity. The resurgence of the Jewish ultra-right in Israel and the ongoing violence deepen the divide, leaving the future of Palestine uncertain.
The Dystopian Dance of Wealth and Politics
Step into the dystopian intersection of wealth and politics, where an alarming surge of financial resources shapes the trajectory of US politics. Explore the nuanced role of influential billionaires in fortifying neofascism and the consequential impact on the delicate balance of democracy.
Unprecedented Alliance: Philippines and U.S. Unveil Joint Maritime Defense Operations
Witness a historic moment as the Philippines and the United States unveil joint maritime and air patrols to address escalating tensions in the South China Sea. Discover the historical significance and the strengthened defense alliance in this illuminating account.
BREAKING NEWS: High-Level Leak Exposes Alleged Corporate Scandal Involving MAA Group...
A high-level leak has exposed an alleged corporate scandal involving Tunku Dato' Yaacob Khyra, a director of MAA Group Berhad. The leaked whistleblower report accuses Khyra of fraudulent misrepresentation and severe breaches of fiduciary duties, pushing FBM Hudson Italiana to the brink of financial ruin. Stay tuned as this explosive story continues to unfold.
Unveiling Hidden Challenges: Corruption, Cronyism, and Complacency in Malaysia
Unveiling Hidden Challenges: Corruption, Cronyism, and Complacency in Malaysia
Within the enchanting landscape of Malaysia, there lie three concealed challenges, often imperceptible to the casual...
Philippines Counters China’s Claims in Diplomatic Clash Over Warship Removal
August 10, 2023
MANILA - The Philippines and China find themselves in the midst of a diplomatic clash as Manila refutes Beijing's assertions of a...
Industrial Shares Show Strength in Broadening Stock Market Rally | Stay...
Industrial Shares Show Strength in Broadening Stock Market Rally
Industrial shares are exhibiting remarkable strength, signaling a broadening stock market rally that is capturing analysts'...
Germany, Japan seek economic cooperation
During their first-ever high-ministerial government meetings, held in the midst of concerns over global supply chains and the economic repercussions of the war in...
Malaysian banks rating intact despite US bank failures – RAM Ratings
The bankruptcy of the Silicon Valley Bank (SVB) and two other smaller banks last week has little bearing on the ratings of Malaysian institutions,...
Singapore bank stocks hit by Credit Suisse crisis
SINGAPORE: Local bank stocks fell when the market started yesterday morning. Due to concerns that the crisis enveloping Switzerland's second-largest bank and a succession...
Three nations to be largest sovereign sukuk issuers
KUALA LUMPUR: According to Moody's Investors Service, Malaysia, Indonesia, and Turkiye will overtake Saudi Arabia. As the leading sovereign issuers in 2023–2024. Which had...
Vietnam lures US$3.1 billion in FDI in first two months of...
In the first two months of 2023, Vietnam committed $3.1 billion in total foreign direct investment. This is a 38% decrease from the...
EV-related stocks advance after Tesla gets approval to import electric vehicles...
KUALA LUMPUR: Following the Ministry of International Trade and Industry's (Miti) approval of Tesla's application to import battery electric vehicles (BEVs) into Malaysia. The...
YNH Property Bhd Directors Face Scrutiny Over ALX Asset Scheme Ahead...
Explore the alleged fraudulent asset-backed security (ABS) scheme by YNH Property Bhd's Yu Brothers, potentially causing losses for shareholders and raising concerns about compliance with Malaysia's regulations.
New China-Laos-Thailand train builds efficiency for China and Asean trade
BEIJING: The China-Laos Railway's extension, the round-trip China-Laos-Thailand train, was successfully launched.
Trade between China and Asean members is anticipated to gain new momentum thanks...
Hope fading as deaths in Turkey, Syria earthquake surpasses 15,000
Stretched rescue crews labored through the night in Turkey and Syria looking for signs of life in the rubble of thousands of buildings that...
Europe bans Russian diesel, other oil products over Ukraine
FRANKFURT Germany: In an effort to reduce its reliance on Moscow for energy and as retaliation for its invasion of Ukraine. Europe put a...
Malaysia’s total trade up 8.6% to RM236bil in December 2022
Malaysia’s total trade for December 2022 amounted to RM236.0 billion. An increase of 8.6 per cent year-on-year (y-o-y). With exports rising 6.0 per cent...
YNH property’s latest RM 500 million asset sale exposed as Fraudulent
YNH Property's RM500 million asset sale is exposed as shareholder fraud, involving false claims of independence between ALX Assets Berhad and YNH Property Bhd. The YU Syndicate is suspected of involvement in this fraudulent deal.
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy
Washington, D.C. According to a U.S. official, Volodymyr Zelenskyy and CIA Director William Burns met in Kyiv last week. This was the most recent...
Global food prices in 2022 hit record high amid drought, war
ROME: According to the U.N. Food and Agriculture Organization, global prices for food commodities such as grains and vegetable oils reached their highest levels...
EU to mobilise RM47bil for Asean investments
PETALING JAYA: The European Union (EU) and its member states have announced a mobilization of €10 billion (US$10.59 billion or RM47.04 billion). As part...
Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul
KUALA LUMPUR: According to Tengku Datuk Seri Zafrul Abdul Aziz, Minister of International Trade and Industry, Chile's decision to ratify the Comprehensive and Progressive...
Global semiconductor equipment sales to hit record US$108.5bil this year
PETALING JAYA: The Semiconductor Equipment Manufacturers Industry, based in the US. Predicts that global sales of all semiconductor manufacturing equipment by original equipment manufacturers...
Asia stocks edge up despite global growth worries.
Hong Kong and China stocks helped up Asian shares despite mounting concerns about an impending economic slowdown and the speed at which the Federal...
Retail loan growth likely to remain strong
PETALING JAYA: Despite waning sectoral tailwinds, banking stocks are still regarded as "safe" investments. In the face of potential economic difficulties.
"The banking industry can...
Sarawak targets revenue of RM11bil by 2023
Sarawak aims to earn more than RM 11 billion in income the following year, which would be a record. Approximately 48%, or RM5.25 billion,...
RHB Bank on course to meet KPI targets
Despite the difficult operating environment, RHB Bank Bhd is on pace to achieve the majority of its key performance indicator (KPI) targets for the...
KLCI falls as investors take profit, ringgit at 4.4760
On Friday, the Ringgit increased its advances and reached a three-month high. At 5 pm, the local currency was trading at 4.4760, up 0.43%...
Asia-Pacific leaders condemn war, renew calls for open trade
Bangkok, Thailand, Saturday, Nov. 19, 2022: Leaders from the Asia-Pacific region demanded an end to Russia's conflict with Ukraine and committed to guiding the...
Brunei gets top ranking for business regulation from top international economic...
BANDAR SERI BEGAWAN: Brunei has performed very well in regulation and secured second ranking globally. According to the Canadian conservative think tank, Fraser Institute’s...
Malaysia unlikely to go into recession due to economic diversification
KUALA LUMPUR: Malaysia is not likely to slip into a recession due to the diversified structure of its economy. Which is less dependent on...
Bank Negara raises OPR by 25bps to 2.5%, as expected
KUALA LUMPUR: Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) raised its overnight policy rate (OPR) by 25 basis points (bps) to 2.5% on...
Oil prices ease on symbolic OPEC+ output cut
SINGAPORE: OPEC and allied oil-producing countries, including Russia, made a small trim in their supplies to the global economy. Underlining their unhappiness as recession...
Maybank to facilitate the trading of shariah-compliant securities on Bursa under...
KUALA LUMPUR: Under the Islamic Securities Selling and Buying — Negotiated Transaction (ISSBNT) framework Bursa Malaysia has added Maybank Investment Bank Bhd(Maybank IB) as...
Standard Chartered Malaysia Launches SmartStocks
KUALA LUMPUR: Standard Chartered Malaysia has launched SmartStocks, a one-stop online share trading platform. Bringing clients the convenience of trading on 12 exchanges across...
IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
COLOMBO, Sri Lanka: The International Monetary Fund has reached a preliminary agreement to provide Sri Lanka with $2.9 billion, over four years to help...
Japan, US hold navy drills off Koreas amid nuke test worry
TOKYO Japan: U.S. and Japanese warships, led by the USS Abraham Lincoln carrier strike group. Is conducting their joint naval exercise in waters between...
Poland-Ukraine ties seen as a target of Russian disinformation
WARSAW, Poland: Days before Poland’s Independence Day in November, vandals painted the blue-and-yellow colors of the Ukrainian flag on monuments in Krakow. The vandalism,...
The US doubts the new Russian war chief can end Moscow’s...
WASHINGTON USA: Russia has tapped a new Ukraine war commander to take centralized control of the next phase of the battle. After its costly...
UN assembly suspends Russia from top human rights body
UNITED NATIONS: The U.N. General Assembly voted to suspend Russia from the world organization’s leading human rights body. Over allegations of horrific rights violations...
UN to vote on suspending Russia from the rights council.
UNITED NATIONS: The U.N. General Assembly will vote on whether to suspend Russia from the U.N.’s premier human rights body. The move was initiated...
Asia’s US$350bil gas projects intensify the clean energy debate.
SINGAPORE: Asia is pumping billions of dollars into new gas infrastructure. Making the region pivotal in a debate over the role of fossil fuels...
The US to seek Russia’s suspension from Human Rights Council.
BUCHAREST, Romania: The United States plans to seek a suspension of Russia from its seat on the U.N.’s top human rights body. Pointing to...
Ukraine accuses Russia of the massacre, a city strewn with bodies.
BUCHA, Ukraine: Bodies with bound hands, close-range gunshot wounds, and signs of torture lay scattered in a city on the outskirts of Kyiv. After...
Ukrainian forces retake areas near Kyiv amid fear of traps.
KYIV, Ukraine: Ukrainian troops moved cautiously to retake territory north of the country’s capital on Saturday using cables. To pull the bodies of civilians...
Pakistan Prime Minister Imran Khan protests to the U.S. about alleged...
ISLAMABAD, Pakistan: Pakistan Prime Minister Imran Khan said his government handed an official protest to the U.S. embassy on Friday over what it called...
Poland to end Russian oil imports; Germany warns on gas.
WARSAW, Poland: Poland announced steps to end all Russian oil imports by year’s end. While Germany issued a warning about natural gas levels and...
Russians shift focus from Kyiv, scaling back goals in war?
WASHINGTON USA: Russian forces in Ukraine seem to have shifted their focus from a ground offensive aimed at Kyiv the capital. Instead, prioritize what...
Ukraine reports 300 dead in airstrike on Mariupol theater
KYIV, Ukraine: About 300 people were killed in the Russian airstrike last week on a Mariupol theater that was being used as a shelter....
Singapore core inflation cools while acceleration risks loom
SINGAPORE: Core inflation in Singapore cooled slightly last month. But is expected to pick up further in the near term, setting the stage for...
NATO, in Arctic training drills, faces up to Putin’s ‘unpredictable’ Russia.
BARDUFOSS, Norway: NATO must face a Russian adversary that is more unpredictable and ready to take greater risks to project power in Europe. A...
Trudeau reaches deal to keep his party in power till 2025
Toronto Canada: Prime Minister Justin Trudeau said his Liberal Party has reached an agreement with the opposition New Democratic Party. That would keep his...
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely
BRUSSELS Belgium: European Union countries accused the Russian armed forces of committing war crimes in Ukraine. But appeared unlikely to impose new sanctions on...
Boris Johnson: Russian win would bring ‘age of intimidation’
LONDON UK: British Prime Minister Boris Johnson said that Russia’s invasion of Ukraine was a “turning point for the world.” Arguing that a victory...
Amazon closes $8.5B deal to acquire Hollywood studio MGM.
Amazon announced it has closed its acquisition of Hollywood studio MGM. Two days after European regulators said the deal “would not significantly reduce competition”...
Council of Europe expels Russia from human rights body.
STRASBOURG, France: The Council of Europe on Wednesday expelled Russia from the continent’s foremost human rights body in an unprecedented move over Moscow’s invasion...
War censorship exposes Putin’s leaky internet controls
BOSTON: Long before waging war on Ukraine, President Vladimir Putin was working to make Russia’s internet a powerful tool of surveillance and social control...
Russian airstrike hits base in western Ukraine kills 35 several injured.
LVIV, Ukraine: Ukrainian authorities said Russian missiles pounded a military training base near Ukraine’s western border with NATO member Poland, killing 35 people. The...
Biden bans Russian oil, warns of higher prices at US pumps.
WASHINGTON: President Joe Biden announced that the U.S. will ban all Russian oil imports. Toughening the toll on Russia’s economy in retaliation for its...
President Trump urges Americans to wear masks to contain the coronavirus...
After months of resistance to masks, President Donald Trump urged Americans to wear them to help contain the coronavirus outbreak that’s rapidly spreading throughout...
Here’s why Chinese online retailer AliExpress cancels US orders of personal...
Desperate customers of AliExpress were quick to assume that the cancellation of their orders for personal protective equipment (PPE) against the coronavirus pandemic could...