Finance

1MDB Civil Trial: The Money Trail and Questions Over Recovery

During the 1MDB Civil Trial, Liquidator Angela Barkhouse told the High Court that her team traced allegedly misappropriated 1MDB funds through a complex network of 29 offshore entities, while acknowledging that her findings were based on a retrospective reconciliation and that she could not confirm the final total amount recovered.
Court

Ziqri Pulang Dengan Selamat: Akhirnya, Kemanusiaan Yang Membawanya Pulang

Hampir enam jam selepas keluar dari rumah, Ziqri ditemui dengan selamat di sebuah restoran di Cheras, kira-kira 23 kilometer dari Hartamas. Di sebalik detik cemas itu, ibunya, Datin Hasnah Abdul Rahman, melihat sesuatu yang lebih besar — sekumpulan manusia yang tidak mengenali anaknya tetapi memilih untuk membantu membawanya pulang.
Bahasa Melayu
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The Ethereum Blockchain Reducing Energy Consumption Through Software Upgrade

NEW YORK - The Ethereum blockchain's software has been overhauled, drastically reducing its energy consumption, its inventor and co-founder tweeted on Thursday. According to the...
Finance

Wall Street Suffers Its Worst Loss In Two Years Following CPI Data

NEW YORK CITY - On Tuesday, a broad sell-off sent US stocks tumbling after a stronger-than-expected inflation report dashed hopes that the Federal Reserve...
Economy

Cryptoverse: Blockchain Bridges Keep Falling Into Troubled Waters

NEW YORK CITY - Another day, another hack, and yet another blockchain bridge is destroyed. It was the seventh hack of 2022 to target an...
Finance

Bitcoin Beats The Heat In July, According To Crypto Experts

NEW YORK - It's been a good month for bitcoin, which we haven't said in a long time. After months of decline, it increased by...
Finance

No, CPI Is Not The Ultimate Tool To Measure Inflation

Is our inflation rate REALLY among the lowest in the region? According to the Department Of Statistics Malaysia, the inflation in June was 3.4% compared...
Analysis

“Crisis? What Crisis?” Venture Capitalists Bet Big On Cryptocurrency

NEW YORK - There is some good news. Despite the fact that the crypto sector is shivering in the cold, venture capitalists are pouring money...
Finance

Is Raising Interest Rate An Effective Tool To Fight Inflation?

Bank Negara Malaysia has raised the interest rate again, the third time this year, to counter inflation First of all, please be reminded that economics,...
Analysis

Crypto Enthusiasts Holding Their Breaths For A Bitcoin Bounce

NEW YORK - If you're hoping for a bitcoin recovery, you might have to wait months. That's the conclusion of some technical experts looking...
Finance

“Shrimps” And “Whales” Keep Bitcoin Afloat

Despite having heavily negative portfolios, these two opposing factions of HODLers are determined to drive back the bears. NEW YORK CITY - The crypto world's...
Finance

Analysts See OPR Hitting 3pc By 2023

The majority believe the rate hikes would continue for the rest of the year amid rising inflation KUALA LUMPUR — Analysts believed Bank Negara Malaysia...
Economy

IMF Chief Says ‘Cannot Rule Out’ Possible Global Recession

IMF is expected to release its updated forecast for 2022 and 2023 in late July, after slashing its forecast by nearly a full percentage...
Economy

Wall Street Stumbles As Consumer Pessimism Stokes Growth Fears

Data released showed the consumer confidence index dropping to the lowest it has been since February 2021 NEW YORK - Wall Street closed sharply lower...
Economy