By , , KUALA LUMPUR/NEW YORK (Reuters) - Goldman Sachs will pay $3.9 billion to settle Malaysia’s criminal probe over the U.S. investment bank’s role in the multibillion-dollar 1MDB scandal, closing a key front in the multi-jurisdictional investigation that has hung over Goldman.Goldman Sachs shares rose 0.68% in New York morning trading on the Malaysia news and signals the U.S. Department of Justice could be near closing a similar probe.A spokesman for the Justice Department declined to comment.“We view this as positive as GS is closer to removing a key overhang for investors, and this...…By , , KUALA LUMPUR/NEW YORK (Reuters) - Goldman Sachs will pay $3.9 billion to settle Malaysia’s criminal probe over the U.S. investment bank’s role in the multibillion-dollar 1MDB scandal, closing a key front in the multi-jurisdictional investigation that has hung over Goldman.Goldman Sachs shares rose 0.68% in New York morning trading on the Malaysia news and signals the U.S. Department of Justice could be near closing a similar probe.A spokesman for the Justice Department declined to comment.“We view this as positive as GS is closer to removing a key overhang for investors, and this...WW…

By , , KUALA LUMPUR/NEW YORK (Reuters) - Goldman Sachs will pay $3.9 billion to settle Malaysia’s criminal probe over the U.S. investment bank’s role in the multibillion-dollar 1MDB scandal, closing a key front in the multi-jurisdictional investigation that has hung over Goldman.Goldman Sachs shares rose 0.68% in New York morning trading on the Malaysia news and signals the U.S. Department of Justice could be near closing a similar probe.A spokesman for the Justice Department declined to comment.“We view this as positive as GS is closer to removing a key overhang for investors, and this...…By , , KUALA LUMPUR/NEW YORK (Reuters) - Goldman Sachs will pay $3.9 billion to settle Malaysia’s criminal probe over the U.S. investment bank’s role in the multibillion-dollar 1MDB scandal, closing a key front in the multi-jurisdictional investigation that has hung over Goldman.Goldman Sachs shares rose 0.68% in New York morning trading on the Malaysia news and signals the U.S. Department of Justice could be near closing a similar probe.A spokesman for the Justice Department declined to comment.“We view this as positive as GS is closer to removing a key overhang for investors, and this...WW…

By , KUALA LUMPUR (Reuters) - Asia-Pacific leaders called on Thursday for open and multilateral trade to support a global economy battered by the coronavirus pandemic and some hoped for more engagement with the United States under a Joe Biden administration.Chinese President Xi Jinping, among the leaders at a virtual meeting of the 21-member Asia-Pacific Economic Cooperation (APEC) forum, rejected protectionism and said globalisation was “irreversible”, a day before U.S. President Donald Trump was expected to join the gathering.“We will not reverse course or run against historical trend by...…By , KUALA LUMPUR (Reuters) - Asia-Pacific leaders called on Thursday for open and multilateral trade to support a global economy battered by the coronavirus pandemic and some hoped for more engagement with the United States under a Joe Biden administration.Chinese President Xi Jinping, among the leaders at a virtual meeting of the 21-member Asia-Pacific Economic Cooperation (APEC) forum, rejected protectionism and said globalisation was “irreversible”, a day before U.S. President Donald Trump was expected to join the gathering.“We will not reverse course or run against historical trend by...WW…

By KUALA LUMPUR (Reuters) - Malaysia’s opposition leader Anwar Ibrahim said on Wednesday he has secured a ‘formidable’ majority from lawmakers to oust Prime Minister Muhyiddin Yassin and form a new government, heralding a fresh bout of political drama in the Southeast Asian country.The power struggle comes at a difficult time for the multi-ethnic nation, as its export driven economy has been badly hit by the coronavirus pandemic. The Malaysian ringgit and stocks fell after Anwar’s comments.Anwar now has to convince Malaysia’s king, Sultan Abdullah, that he has the numbers to form a...…By KUALA LUMPUR (Reuters) - Malaysia’s opposition leader Anwar Ibrahim said on Wednesday he has secured a ‘formidable’ majority from lawmakers to oust Prime Minister Muhyiddin Yassin and form a new government, heralding a fresh bout of political drama in the Southeast Asian country.The power struggle comes at a difficult time for the multi-ethnic nation, as its export driven economy has been badly hit by the coronavirus pandemic. The Malaysian ringgit and stocks fell after Anwar’s comments.Anwar now has to convince Malaysia’s king, Sultan Abdullah, that he has the numbers to form a...WW…

By KUALA LUMPUR (Reuters) - Malaysia’s opposition leader Anwar Ibrahim said on Wednesday he has secured a ‘formidable’ majority from lawmakers to oust Prime Minister Muhyiddin Yassin and form a new government, heralding a fresh bout of political drama in the Southeast Asian country.The power struggle comes at a difficult time for the multi-ethnic nation, as its export driven economy has been badly hit by the coronavirus pandemic. The Malaysian ringgit and stocks fell after Anwar’s comments.Anwar now has to convince Malaysia’s king, Sultan Abdullah, that he has the numbers to form a...…By KUALA LUMPUR (Reuters) - Malaysia’s opposition leader Anwar Ibrahim said on Wednesday he has secured a ‘formidable’ majority from lawmakers to oust Prime Minister Muhyiddin Yassin and form a new government, heralding a fresh bout of political drama in the Southeast Asian country.The power struggle comes at a difficult time for the multi-ethnic nation, as its export driven economy has been badly hit by the coronavirus pandemic. The Malaysian ringgit and stocks fell after Anwar’s comments.Anwar now has to convince Malaysia’s king, Sultan Abdullah, that he has the numbers to form a...WW…

By KUANTAN, Malaysia (Reuters) - Some skin, eggs and tissue samples are all that remain of Malaysia’s last rhino, Iman, who died last November after years of failed breeding attempts.Now scientists are pinning their hopes on experimental stem cell technology to bring back the Malaysian variant of the Sumatran rhinoceros, making use of cells from Iman and two other dead rhinos.“I’m very confident,” molecular biologist Muhammad Lokman Md Isa told Reuters in his laboratory at the International Islamic University of Malaysia.“If everything is functioning, works well and everybody supports us,...…By KUANTAN, Malaysia (Reuters) - Some skin, eggs and tissue samples are all that remain of Malaysia’s last rhino, Iman, who died last November after years of failed breeding attempts.Now scientists are pinning their hopes on experimental stem cell technology to bring back the Malaysian variant of the Sumatran rhinoceros, making use of cells from Iman and two other dead rhinos.“I’m very confident,” molecular biologist Muhammad Lokman Md Isa told Reuters in his laboratory at the International Islamic University of Malaysia.“If everything is functioning, works well and everybody supports us,...WW…