GENEVA – International postal flows to the United States have plunged after Washington scrapped a key tax exemption on small…
Author: Laura Stephen
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,…
Crunch Time Looms for UK’s Rachel Reeves as Markets Remain Cautious and Stability Proves Elusive
LONDON – Newly appointed Chancellor of the Exchequer Rachel Reeves is approaching a critical juncture in her efforts to stabilise…
Indonesia Launches £4.6 Billion EV Battery Megaproject Despite Environmental Concerns
JAKARTA – Indonesia has officially broken ground on a £4.6 billion (US$5.9 billion) electric vehicle (EV) battery production megaproject backed…
KNM Group Collapse and Tunku Yaacob Khyra: Debt, Scandal, and Malaysia’s Shame on the Global Stage
Once hailed as a symbol of Malaysia’s global industrial ambition, KNM Group Berhad, a process engineering firm, is now facing…