1MDB

The case, filed at the KL High Court, is one of several filed by 1MDB to recover assets worth more than US$23 billion.

These are the highlights in the news this week.

Singapore employment suffers deepest quarterly contraction in June, Malaysian ex-PM Najib sentenced to 12 years in prison, and more.

It has been a decade since the 1MDB fund was established. In this time, billions of dollars were lost to greed and deceit. The ongoing trial of former Malaysian prime minister Najib Razak has hogged headlines for the past year. Will Malaysia find eventual

(Aug 16): Andrea Vella was Goldman Sachs’s top dealmaker in Hong Kong. He had a nose for splashy trades, a fondness for the Bentley Continental, and a vague enough resemblance to George Clooney that there was even a joke among some bankers: “What woul

(May 11): Mahathir Mohamad said he’d lead a business-friendly administration and seek ways to boost Malaysia’s stock market in his first remarks after being sworn in as prime minister.

KUALA LUMPUR (Sept 16): The movie company that made “The Wolf of Wall Street”, and was co-founded by the Malaysian prime minister’s step son, has settled a civil lawsuit brought by the US government to seize assets allegedly bought with money stolen

KUALA LUMPUR (April 20): Malaysia and Abu Dhabi have agreed to settle a dispute involving billions of dollars between 1Malaysia Development Berhad (1MDB) and Abu Dhabi’s International Petroleum Investment Company, or IPIC, Singapore's The Straits Ti

SINGAPORE (April 4): Swiss financial watchdog FINMA investigated more than twice as many breaches of anti-money laundering rules in 2016 as it did a year earlier, the supervisory body said on Tuesday.

GENEVA/ZURICH (April 4): The latest probe into Credit Suisse Group AG is a blow, not just for the firm but also for the Swiss attorney-general, who didn’t know some of the bank’s offices were going to be raided. This week, Swiss authorities are ba