The Malaysian Pulse
Beat of the Nation
Wed, 18 Sep 2019, 5:39 AM
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Topic: US$1.7 billion

Malay Mail:
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Validity of US 1MDB forfeitures still up in the air as Obaid continues challenge
KUALA LUMPUR, Sept 11 — Former PetroSaudi International chief executive Tarek Obaid has resumed his lawsuit in the US to challenge the country’s authority to forfeit assets he allegedly procured u...
The Edge Markets:
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Saudi businessman tests US jurisdiction over 1MDB-linked asset
LOS ANGELES (Sept 11): Federal prosecutors in Los Angeles have been working for three years to recover assets around the world that were allegedly acquired with billions of dollars stolen from Malaysi...
Malay Mail:
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Reports: Telegram secretly planning ‘Gram’ cryptocurrency
MOSCOW, Sept 4 — Working in secrecy for a year, the Telegram messaging service has a plan: To beat Facebook in the race to launch a cryptocurrency with its new project “Gram”. Little is known ab...
theSun:
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US prosecutors seek sale of luxury homes linked to Riza Aziz
KUALA LUMPUR: US prosecutors are seeking to sell three luxury homes linked to the stepson of former prime minister Datuk Seri Najib Abdul Razak, court documents showed, in the latest effort to recover...
Free Malaysia Today:
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Prosecutors seek sale of luxury homes linked to Najib’s stepson
KUALA LUMPUR: US prosecutors are seeking to sell three luxury homes linked to the stepson of former prime minister Najib Razak, court documents show, in the latest effort to recover money allegedly st...
Malaysiakini:
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Prosecutors seek sale of luxury homes linked to Riza Aziz
US prosecutors are seeking to sell three luxury homes linked to the stepson of former Malaysian prime minister Najib Razak, court documents showed, in the latest effort to recover money allegedly stol...
Channel NewsAsia:
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Prosecutors seek sale of luxury homes linked to Malaysia's former PM Najib's stepson
KUALA LUMPUR: US prosecutors are seeking to sell three luxury homes linked to the stepson of former Malaysian prime minister Najib Razak, court documents showed, in the latest effort to recover money...
The Edge Markets:
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US prosecutors seek sale of luxury homes linked to Najib's stepson
KUALA LUMPUR (Aug 15): US prosecutors are seeking to sell three luxury homes linked to the stepson of former Malaysian prime minister Datuk Seri Najib Razak, court documents showed, in the latest effo...
Malay Mail:
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US prosecutors seek sale of luxury homes linked to Najib’s stepson Riza Aziz
KUALA LUMPUR, Aug 15 — US prosecutors are seeking to sell three luxury homes linked to the stepson of former Malaysian prime minister Datuk Seri Najib Razak, court documents showed, in the latest ef...
EdgeProp.my:
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Trump Organization-partnered luxury condo project for sale in Indonesia
JAKARTA (Aug 13): Indonesian builder PT MNC Land has launched the sale of luxury condos and mansions in two projects in Indonesia.
Malay Mail:
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Allowing Zahid to come back is proof Umno is ‘dumb and dumber’, says Kit Siang
KUALA LUMPUR, July 22 — Umno members have proved Tun Dr Mahathir Mohamad’s caustic claim that they are “dumb” and getting “dumber” by allowing Datuk Seri Ahmad Zahid Hamidi to return and l...
Malay Mail:
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Boeing sees billions more in MAX costs as grounding of the plane drags on
NEW YORK, July 19 ― Boeing announced yesterday some US$6.6 billion (RM27.14 billion) in additional costs because of the 737 MAX crisis, further pressuring profitability as the global grounding of th...
Malaysiakini:
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Kit Siang welcomes RM10m suit, says ex-AG can explain 1MDB inactivity
DAP supremo Lim Kit Siang has welcomed Mohamed Apandi Ali's RM10 million suit against him, stating that it would be an opportunity for the former attorney-general to explain his alleged "inactivity" w...
Malaysiakini:
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Movie producer surrenders '1MDB-linked' gifts from Najib's stepson
Hollywood producer Joey McFarland (photo, above) has surrendered several gifts he received from former prime minister Najib Abdul Razak's stepson Riza Aziz, which were allegedly acquired using stolen ...
Tech in Asia:
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In brief: Tencent, Paytm mull $100m investment in Indian video startup, says source
China’s Tencent Holdings and India’s Paytm are looking to invest about US$100 million in Indian streaming service MX Player, Bloomberg reported, citing a person familiar with the matter.
Malay Mail:
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US stocks higher ahead of Trump-Xi talks, banks lead
NEW YORK, June 28 — Banking shares led US stocks higher early today as investors awaited a key Group of 20 meeting between US President Donald Trump and Chinese President Xi Jinping.
Channel NewsAsia:
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Malaysia aims to recover about US$5 billion in 1MDB-linked assets
KUALA LUMPUR: Malaysia is looking to recover about US$5 billion worth of foreign assets linked to state fund 1Malaysia Development Berhad (1MDB), set up in 2009 by then prime minister Najib Razak and ...
The Edge Markets:
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Malaysia aims to recover about US$5b in 1MDB-linked assets
KUALA LUMPUR (June 21): Malaysia is looking to recover about US$5 billion worth of foreign assets linked to state fund 1MDB, set up in 2009 by then prime minister Datuk Seri Najib Razak and the subjec...
Malay Mail:
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US preparing anti-trust probe of Google
SAN FRANCISCO, June 1 — The US Department of Justice is preparing an anti-trust investigation of Internet titan Google, the Wall Street Journal reported today.
theSun:
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Prosecutors seek sale of two New York condos linked to Jho Low
KUALA LUMPUR: US prosecutors are seeking to sell two luxury condominiums in New York City linked to fugitive financier Low Taek Jho (pix), court documents showed, the latest effort to recover money al...
The Straits Times:
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Three luxury homes worth S$150mil in US allegedly bought with 1MDB funds to be sold
KUALA LUMPUR - Three multimillion dollar properties worth a total of US$109 million (S$150 million) in the United States linked to fugitive Malaysian financer Jho Low are to be put on sale, Malaysiaki...
Free Malaysia Today:
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Tabung Harapan’s RM203 million to pay 1MDB debts
PETALING JAYA: Putrajaya will use some RM200 million collected for Tabung Harapan Malaysia to settle part of 1MDB’s RM1.7 billion debt this year.
The Edge Markets:
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Frankly Speaking: Kudos for initial 1MDB cash recovery
While the media headlines in recent months have been focused on all the 1Malaysia Development Bhd (1MDB)-related court hearings, the Attorney-General’s Chambers (AGC) has also been quietly working t...
Malaysiakini:
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Najib more than welcome in Sandakan
MP SPEAKS | It has been reported that former prime minister Najib Abdul will be the star speaker of the Umno-PAS by-election campaign for the PBS candidate in the Sandakan by-election on Friday, the e...
Free Malaysia Today:
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RM1.3 bil repatriated from 1MDB assets will be used to service debts
PETALING JAYA: The finance ministry today said the RM1.3 billion in funds received through the repatriation of 1MDB assets will be used to service the RM51 billion in debts incurred by the scandal-pla...
Free Malaysia Today:
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PH settling for return of less money from 1MDB, says Najib
PETALING JAYA: Najib Razak has criticised the Pakatan Harapan-led government over the way it is seeking the return of 1MDB monies which went missing, saying it would not see the return of the full amo...
EdgeProp.my:
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US govt returned RM233.7m of 1MDB funds given to Red Granite, says AG
KUALA LUMPUR (May 7): The US government has returned and will be returning substantial monies to Malaysia, representing the first instalment of funds recovered from asset seizures related to 1Malaysia...
theSun:
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Malaysia recovers US$322m of 1MDB assets: AG
KUALA LUMPUR: Malaysia has recovered US$322 million (about RM1.3 billion) worth of 1Malaysia Development Berhad (1MDB) assets since investigations into the state-owned sovereign wealth fund effectivel...
Free Malaysia Today:
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RM236 million from Riza’s Hollywood firm back in Malaysia, says AG
PETALING JAYA: The government has received some US$57 million (RM236 million) from Red Granite Pictures – the film production company linked to the stepson of former prime minister Najib Razak, Riza...
The Edge Markets:
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Norwasian telecom deal dials right numbers: Lisa Jucca & Clara Ferreira-...
MILAN/SINGAPORE (May 6): Norway’s Telenor and Malaysia’s Axiata have dialled up some pretty impressive numbers.
Malay Mail:
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Berkshire swings to big profit; Buffett laments Kraft Heinz
OMAHA, May 4 — Warren Buffett’s Berkshire Hathaway Inc today said gains in its stock investments fuelled a big first-quarter profit, while improved results from its Geico auto insurer and BNSF rai...
Malay Mail:
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Report: Cryptocurrency thefts, fraud hit US$1.2b in Q1
NEW YORK, May 1 — Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to US$1.2 billion (RM4.96 billion), or 70 per cent of ...
Tech in Asia:
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Chinese crackdown slows Asian fintech funding: report
Investments in Asian fintech companies fell below US$1 billion per quarter for the first time in over a year as China tightened regulations on online lenders, according to market intelligence firm CB ...
Malay Mail:
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Alphabet first-quarter revenue misses estimates
NEW YORK, April 30 — Google-parent Alphabet Inc missed Wall Street estimates for first-quarter revenue yesterday, amid increased scrutiny on the company's privacy practices and efforts to restrict a...
Malay Mail:
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P&G, Coca-Cola report higher profits
NEW YORK, April 23 — Procter & Gamble and Coca-Cola reported higher quarterly profits today, lifted by premium consumer items at Procter and new beverage offerings at Coca-Cola. P&G, whose brands i...
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