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1MDB's Edra Energy disposes of assets to Chinese firm for RM9.83 bil

1MDB's Edra Energy disposes of assets to Chinese firm for RM9.83 bil

1MDB's energy arm, Edra Global Energy Bhd, is disposing of all its assets to China General Nuclear Power Corp and its units for RM9.83 billion.
Mon Nov 23 2015
1MDB confident of signing three agreements by year-end

1MDB confident of signing three agreements by year-end

1MDB expects to rake in billions from equity sales in Edra Energy, from debt equity swap with an Abu Dhabi wealth fund and from land and equity sales in Bandar Malaysia.
Wed Oct 28 2015
1MDB launches Pulau Indah land sale process

1MDB launches Pulau Indah land sale process

1Malaysia Development Bhd has started the land sale tender process for its 128.7 hectares in Pulau Indah, Selangor.
Mon Sep 21 2015
What is a sovereign wealth fund?

What is a sovereign wealth fund?

Sovereign wealth funds are investment vehicles owned by countries.
Wed Feb 05 2025
[COLUMNIST] Rising above Trump tariffs: How a resilient global economy outlasts US protectionism

[COLUMNIST] Rising above Trump tariffs: How a resilient global economy outlasts US protectionism

The current alarm over Trumps tariff threats overlooks a key point: global markets are resilient and adaptable.
Wed Feb 05 2025
Khazanah reports RM5.1 billion operating profit for 2024

Khazanah reports RM5.1 billion operating profit for 2024

Khazanah records RM103.6 billion NAV in 2024, driven by strong domestic investments and strategic growth.
Wed Feb 05 2025
Washington, DC officials identify 66 of 67 victims of midair collision

Washington, DC officials identify 66 of 67 victims of midair collision

Work continues by the US Army Corps of Engineers to remove the airplane wreckage from the Potomac River.
Wed Feb 05 2025
Government to further strengthen ASEAN's readiness in finalising DEFA

Government to further strengthen ASEAN's readiness in finalising DEFA

Malaysia is focusing on two main approaches to facilitate the DEFA negotiation, says Liew Chin Tong.
Wed Feb 05 2025
Trade war will not hinder Malaysia’s GDP growth for 2025 - Rafizi

Trade war will not hinder Malaysia’s GDP growth for 2025 - Rafizi

The finance ministry has projected Malaysia's GDP to grow between 4.5 and 5.5 per cent in 2025.
Wed Feb 05 2025
Trump administration considers adding Shein, Temu to 'forced labor' list, Semafor reports

Trump administration considers adding Shein, Temu to 'forced labor' list, Semafor reports

The move comes after China imposes targeted tariffs on US imports and warnings of possible sanctions against firms like Google.
Wed Feb 05 2025
Thailand to cut power to Myanmar border areas linked to scam centres

Thailand to cut power to Myanmar border areas linked to scam centres

Evidence shows transnational crime syndicates in Myanmar's Tachileik, Myawaddy, Payathonzu, that are possible power cut targets.
Wed Feb 05 2025
Trump reimposes 'maximum pressure' on Iran, aims to drive oil exports to zero

Trump reimposes 'maximum pressure' on Iran, aims to drive oil exports to zero

Trump signs the presidential memorandum reimposing Washington's tough policy on Iran that was practiced throughout his first term.
Wed Feb 05 2025
FACTBOX: Trump proposes US takeover of Gaza

FACTBOX: Trump proposes US takeover of Gaza

Here are some remarks that US President Donald Trump made and questions that he answered during a press conference.
Wed Feb 05 2025