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Malaysia Top 10 Business & Bursa News (5 – 11 Nov 2017)

Global equities Top 10 Finance and Bursa news

The ultimate eMarketplace for Borneo was launched AppAsia Berhad, the Bursa listed companies specialised in e-commerce platform, launched the first of its kind eMarketplace for Borneo region on 11th Nov 2017 – BorneoShopping.com . This unique eMarketplace was launched by the Deputy Chief Minister of Sabah, Tan Sri Datuk Seri Pangilan Joseph Pairin Kitingan. The launch of  BorneoShopping.com marked the new era for the economy and shopping experience in Sabah and Borneo as a whole. It is more than just an ordinary online shopping website. It will turn the whole Borneo area into an ultimate 24hr online department store andRead More



[1MDB] Luxembourg fines private bank Rothschild €9m, source says

ZURICH, June 23 — Luxembourg watchdogs have fined the local arm of Swiss private bank Edmond de Rothschild for its handling of funds linked to scandal-hit Malaysian investment fund 1MDB, a source familiar with the matter said yesterday. The…


Private Swiss bank Rothschild fined in 1MDB case

ZURICH (June 22): Luxembourg watchdogs have fined the local arm of Swiss private bank Edmond de Rothschild for its handling of funds linked to scandal-hit…



[Update] 1MDB: Latest DoJ lawsuit lacks documentary proof and witness statements

KUALA LUMPUR (June 16): State investment entity 1Malaysia Development Bhd (1MDB) today said the second round of civil suits against it by the United States…



[Update] DiCaprio returns Brando Oscar as part of 1MDB money-laundering probe

(June 15): Actor Leonardo DiCaprio has turned over an Oscar won by Marlon Brando to U.S. investigators probing alleged money laundering by a state-owned Malaysian…



[HOT] Misappropriated 1MDB funds helped finance US$2.2 bil energy firm deal — U.S. lawsuit

KUALA LUMPUR/WASHINGTON (June 13): Money misappropriated from a Malaysian state fund was used to partly finance the US$2.2 billion acquisition of Houston-based Coastal Energy in…