Thursday, April 29, 2021

Reuters

Goldman Sachs to pay $3.9 bln to Malaysia to settle 1MDB dispute

BY ROZANNA LATIFF AND JOSEPH SIPALAN KUALA LUMPUR: U.S. investment bank Goldman Sachs has reached a $3.9 billion settlement with the Malaysian government over the multibillion-dollar 1MDB scandal, the two sides said on Friday. The deal includes a $2.5 billion cash...

Japan economy to fall at record pace

TOKYO: Japan's economy will shrink at the fastest pace in decades in the year through March 2021, forcing the government to compile another stimulus package to cushion the blow from the coronavirus pandemic, a Reuters poll showed on Friday. Many...

Petronas chief quits

BY A. ANANTHALAKSHMI, JOSEPH SIPALAN &  KRISHNA N. DAS KUALA LUMPUR: The chief of Petronas quit this month after disagreement with the prime minister over giving more oil money to one of the country’s states, sources close to the government...

Capital flight on hold

Jakarta shifts budget to fight pandemic JAKARTA: Indonesia's investment on a mega project to relocate its capital city has been put on hold. The country is shifting focus to spend on containing the coronavirus outbreak, but may resume next year, Finance...

Britain’s Prince Charles tests positive for coronavirus

PRINCE Charles, the heir to the British throne, has tested positive for coronavirus, his household said. Charles, eldest son of Queen Elizabeth, is 71 years old. "The Prince of Wales has tested positive for Coronavirus," Clarence House said in a statement. "He has been displaying...

Australia begins Covid-19 lockdown which ‘could last six months’

SYDNEY: Australia started shutting down pubs, clubs, gyms and houses of worship on Monday after a jump in Covid-19 coronavirus cases and after thousands disregarded social distancing advice and crowded beaches, bars and restaurants. After an initial slow rate of infection, the number of...

How Mahathir lost the plot

By A. ANANTHALAKSHMI, LIZ LEE & KRISHNA DAS In May 2018, Tun Dr Mahathir Mohamad was in the grand ballroom of a Sheraton hotel near Kuala Lumpur, jubilantly announcing his return as prime minister after defeating an alliance that had run the...

Mahathir proposes ‘grand coalition’ government

KUALA LUMPUR: Interim Prime Minister Tun Dr Mahathir Mohammed is trying to form a national unity government under his personal authority, drawing together rival parties, political sources said yesterday, following his shock resignation as prime minister. The world's oldest government leader at 94, Dr...

Residents allowed brief visit amid eruption

AGONCILLO (Philippines): Thousands of residents under orders to evacuate from a town near the Philippine volcano Taal were allowed to briefly visit homes yesterday to rescue their animals and recover some possessions, taking advantage of what appeared to be...

Philippine volcano shows signs of calming

MANILA: A Philippine volcano that has been spewing ash for days appeared to be calming down yesterday, but seismologists said the danger of an eruption remained high and authorities warned evacuees not to return to their homes. Some residents...

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Focus on personality development

KUCHING:  Teachers can now focus more on the personality development of students following the cancellation of Ujian Penilaian Sekolah...
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