NEW YORK/KUALA LUMPUR U.S. prosecutors unveiled criminal charges on Thursday against two former Goldman Sachs Group Inc bankers and Malaysian financier Low Taek Jho tied to the alleged theft of billions of dollars from Malaysian sovereign wealth fund 1MDB. | Video
PULAU INDAH, Malaysia Hundreds of sacks filled with plastic waste from the United States, Britain, South Korea and Spain spill onto the streets of an industrial zone in Pulau Indah, an island town just an hour's drive from Kuala Lumpur and home to Malaysia's biggest port.
KUALA LUMPUR Malaysia has freed from detention 11 ethnic Uighur Muslims who fled to the southeast Asian nation after a Thai jailbreak last year, and sent them to Turkey, their lawyer said on Thursday, in disregard of China's request to hand them to Beijing.
KUALA LUMPUR CIMB Group Holdings Bhd Chairman Nazir Razak is to step down by the end of the year after almost three decades at Malaysia's second biggest bank, he said on Monday.
KUALA LUMPUR, Aug 30 Malaysian state-owned
energy firm Petroliam Nasional Berhad is looking to
expand its core business portfolio and plans to pay the
government a higher dividend than earlier promised, its chief
executive said on Thursday.
KUALA LUMPUR The chemical manufacturing unit of Malaysia's state energy firm Petronas [PETR.UL] is actively looking to acquire companies to expand its specialty chemical business, its chief executive officer said on Tuesday.
KUALA LUMPUR The government of former Malaysian prime minister Najib Razak spent years systematically obstructing probes into the alleged looting of state fund 1MDB, while also ruthlessly muzzling critics, according to current and former government officials.
KUALA LUMPUR The U.S. State Department will downgrade Malaysia in its annual report on human trafficking to be released later on Thursday, a source told Reuters, just a year after the Southeast Asian nation was upgraded for making progress.
LANGKAWI/KUALA LUMPUR, Malaysia The police kept watch close to a holiday villa where Najib Razak this week gave his first sit-down interview since his shock election defeat last month, a reminder for the former Malaysian prime minister that he may not have much more time to relax.
KUALA LUMPUR Malaysia could extend new tax incentives for foreign investment in areas such as technology if companies promise to create better-paid jobs for Malaysians, Prime Minister Mahathir Mohamad said on Tuesday.