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Deutsche Bank pressed to accelerate US$1 billion transfer as Najib wanted to make press statement

Deutsche Bank pressed to accelerate US$1 billion transfer as Najib wanted to make press statement

The High Court was told that Deutsche Bank persistently pressed to speed up the transfer of US$1 billion from 1MDB as Najib wanted to make a press statement on the 1MDB-PSI joint-venture project.
Tue Jun 21 2022
Malaysia says US returns $460 million in recovered 1MDB funds

Malaysia says US returns $460 million in recovered 1MDB funds

MOF says Malaysia has so far received 16.05 billion ringgit of seized and repatriated 1MDB funds.
Wed May 12 2021
Explainer: How Malaysia is seeking to recover billions of dollars missing from 1MDB

Explainer: How Malaysia is seeking to recover billions of dollars missing from 1MDB

Malaysia announced 22 civil suits against entities and people accused of being involved with the massive 1MDB corruption scandal.
Tue May 11 2021
Deutsche Bank will not do future business with Trump: NYT

Deutsche Bank will not do future business with Trump: NYT

Deutsche Bank is Trump's most important lender, with about $340 million in loans outstanding to the Trump Organisation.
Tue Jan 12 2021
Tired of Trump, Deutsche Bank wants out but sees no good options - Sources

Tired of Trump, Deutsche Bank wants out but sees no good options - Sources

Deutsche Bank has about $340 million in loans outstanding to the Trump Organization, the president's umbrella group.
Tue Nov 03 2020
HSBC, StanChart shares fall to 22-year lows on reports of illicit money flows

HSBC, StanChart shares fall to 22-year lows on reports of illicit money flows

The banks moved large sums of allegedly illicit funds over nearly two decades despite red flags about the origins of the money.
Mon Sep 21 2020
Factbox: Deutsche Bank staff react to 18,000 global job cuts

Factbox: Deutsche Bank staff react to 18,000 global job cuts

The bank began telling staff in Sydney, then across the region, taking in its Hong Kong and Singapore trading hubs before bankers in Europe and the US reached their offices to be told their fates.
Mon Jul 08 2019
Deutsche Bank lows and woes fuel existential fears

Deutsche Bank lows and woes fuel existential fears

Deutsche Bank once epitomised the best of Germany's financial sector, shining brightly as the European economic powerhouse's biggest lender.
Mon Jul 11 2016
Khazanah raised over RM400 million in placement exercise

Khazanah raised over RM400 million in placement exercise

Khazanah Nasional Bhd, the country's sovereign wealth fund, raised over RM400 million via placement of 50 million existing shares in TNB.
Tue Jun 04 2013
China's oil demand to grow 3.4% in 2013

China's oil demand to grow 3.4% in 2013

China's oil demand is expected to grow 3.4 per cent year-on-year in 2013, said global investment bank, Deutsche Bank (DB).
Sun Dec 16 2012
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024