RHB adjusts rates following OPR cut
This means RHB Bank Bhd, RHB Islamic Bank Bhd and RHB Investment Bank Bhd will all see their BR revised to 3.25% per annum from 3.5% previously, while their BLR will be reduced to 6.2% from 6.45%.
Ku Nan rages in court over RM900m asset revelation after private hearing bid rejected
An in-camera proceeding is a private hearing with the judge in the absence of the public and reporters.
SRC trial: Afternoon session sees MIC legal advisor take witness stand
Selva Mookiah will take the stand to testify about the time he accompanied Malaysian Anti-Corruption Commission officers to Riyadh in late November 2015 as part of an investigation into the RM2.6 billion from 1Malaysia Development Bhd that had allegedly entered into the accounts of then prime minister Datuk Seri Najib Abdul Razak.
Eden Inc gets compensation for ECRL land sale
Eden said it received the RM16.71 million compensation after accepting the government's compensation awarded notice on Jan 7, 2020.
Tengku Adnan applies for in-camera proceedings for RM2m corruption trial
The application by Tengku Adnan's lawyer Datuk Tan Hock Chuan has to do with Tengku Adnan tendering documents for his asset declaration.
Ku Nan used own money first to fund Umno before receiving RM2m 'donation'
Tengku Adnan, also known as Ku Nan, explained that the RM2 million was issued as a cheque to his private company, Tadmansori Holdings Sdn Bhd, by Chai as a political donation.
Economists divided on whether BNM will cut rate next round
BNM said yesterday that Malaysia's economy grew at a moderate pace of 4.3% in 2019, and looking ahead, growth, particularly in 1Q2020, will be affected by the COVID-19 outbreak primarily in the tourism-related and manufacturing sectors.
RHB IB: BNM appears to indicate no further rate cuts unless GDP trajectory is disrupted
In a note today, the research house said it expects overnight policy (OPR) rate to stay put for the time being after BNM cut OPR by 25 basis points to 2.5% – its second cut this year.
Dr M rejects Muhyiddin’s claim that country's crisis started when the former resigned as PM
“The truth is that I resigned because in the declaration before His Majesty the Yang di-Pertuan Agong, I did not receive support from my supporters. I did not have the majority and was no longer eligible to be the prime minister.”
Jho Low denied knowing anything about Najib’s Ambank account
“As far as I can recall, I did not suggest to the prime minister to open any accounts at AmBank, also at this time I don’t know what and how many accounts the PM had at AmBank at that time. I didn’t know that Nik Faisal was authorised to manage the prime minister’s account.”
