JAKARTA – In a significant reshuffle that rattled investors, Indonesian President Prabowo Subianto on Monday removed Sri Mulyani Indrawati, the…
Author: Laura Stephen
UK SFO Probes IJM Corp: Money Laundering Scandal & RM280 Million Loss-Making JRL Group Takeover Exposed
Is Malaysian construction giant IJM Corporation Bhd now under the radar of the UK’s Serious Fraud Office (SFO) over alleged…
Greece Rolls Out €1.6b Tax Overhaul to Ease Cost of Living Strain
ATHENS – Greek Prime Minister Kyriakos Mitsotakis has unveiled a €1.6 billion (US$1.87 billion) tax reform package, including sizeable income…
Global Mail to US Collapses as 88 Postal Operators Halt Services After Tariff Shift
GENEVA – International postal flows to the United States have plunged after Washington scrapped a key tax exemption on small…
Indonesia Detains Ex-Minister, Gojek Co-Founder Nadiem Makarim in US$121.9 million Graft Probe
JAKARTA – Indonesia’s attorney general’s office has named former education minister and Gojek co-founder Nadiem Makarim as a suspect in…
Protests Escalate as Indonesian Parliament Buildings Torched in Three Provinces
JAKARTA – Demonstrations in Indonesia turned violent over the weekend, with protesters setting fire to regional parliament buildings across three…
Danantara signals readiness to stabilise Whoosh’s finances
JAKARTA:Daya Anagata Nusantara (Danantara) has declared its readiness to intervene in addressing the financial strain facing Indonesia’s Jakarta–Bandung high-speed rail…
JPMorgan to Pay US$330m to Malaysia to Settle 1MDB Claims
New York/Kuala Lumpur – JPMorgan Chase & Co has agreed to pay US$330 million (RM1.4 billion) to Malaysia to settle…
Singapore Slaps Major Banks with £15.9 Million in Fines over Record Money Laundering Scandal
SINGAPORE – Singapore’s central bank has fined nine prominent financial institutions, including global giants Citibank and UBS, over lapses linked…
Tesla Reports 13.5% Drop in Q2 Sales Amid EV Competition and Political Controversy
NEW YORK – Tesla has reported a 13.5% year-on-year drop in global vehicle deliveries for the second quarter of 2025,…