Category: Uncategorized

At least a dozen Malaysian police officers raided former Prime Minister Najib Razak’s house late on Wednesday, reportedly searching for documents as part of a renewed inquiry into a massive corruption scandal involving a state investment fund that is being investigated abroad. More than a dozen police vehicles arrived at Najib’s house soon after he returned home from prayers at a nearby mosque, fuelling speculation that he may be arrested after new Prime Minister Mahathir Mohamad…

The anticipated adoption of smart meters in the UK looks set to fall below government’s original expectations, an expert has said.

North Korea has said it is suspending its “high-level” talks with South Korea, scheduled for Wednesday, over military drills its southern neighbour has scheduled with the US, as South Korean newspapers say that a meeting with US President Donald Trump may also be in danger.
The two Koreas were set to hold a meeting Wednesday at a border village to discuss setting up military and Red Cross talks to reduce border tension and restart reunions between families separated by the…

ANALYSIS: The collapse of Lehman Brothers in September 2008 and the ensuing financial crisis prompted major changes to the global banking and payments markets, both in terms of regulation and innovation, but an even more dramatic set of circumstances is set to impact industry over the next year.

Indonesian police fatally shot a militant and arrested 13 others on Tuesday suspected of links to suicide bombings carried out by two families in the country’s second-largest city.
Surabaya police spokesman Frans Barung Mangera said the militant died in a shoot-out in a Surabaya neighbourhood with counterterrorism police, who had tried to arrest him over possible involvement in the attacks that killed at least 13 people.
He said the arrests of suspected militants were made in raids in…

The UK body charged with fighting serious and organised crime has warned that the country’s impending withdrawal from the EU could lead to a rise in money laundering, bribery and other corporate offences.

Malaysian Prime Minister Mohamad on Monday said he will replace the country’s attorney general and anti-corruption chief, as officials stepped up a probe into alleged widespread graft in the Barisan Nasional government defeated in last week’s general election. 
Mahathir said attorney general Apandi Ali, appointed by ex-premier Najib Razak, would be put on indefinite leave as his tenure was assessed, with solicitor general Engku Nor Faizah Engku Atek standing in for him….

A wave of deadly suicide bombings that have rocked Indonesia’s second biggest city Surabaya are linked to local extremist network Jamaah Ansharut Daulah (JAD), which has pledged allegiance to Islamic State (IS). Here are some questions and answers about JAD. What is JAD?
Formed in 2015, JAD gained notoriety in January 2016 for a gun and suicide attack in the capital Jakarta that left four attackers and four civilians dead.
It is made up of almost two dozen Indonesian extremist groups…

Secretary of State Mike Pompeo said on Sunday that the US will need to “provide security assurances” to North Korea’s Kim Jong-un if the adversaries are to reach a nuclear deal.
Pompeo met Kim last week in North Korea, helping set the stage for President Donald Trump’s summit with Kim in Singapore on June 12.
Trump’s goal is to have North Korea get rid of its nuclear weapons in a permanent and verifiable way. In return, the US is willing to help the impoverished…

AirAsia boss Tony Fernandes on Sunday apologised for a controversial stunt endorsing scandal-tainted prime minister at the time Najib Razak before Malaysia’s general election, in which he suffered a stunning defeat.
Fernandes said he came under pressure from Najib’s government before the May 9 vote, causing him to issue a video enthusiastically crediting its policies for the success of the home-grown low-cost carrier.
But the Barisan Nasional coalition, which had ruled Malaysia for…