Goldman Sachs and Anwar in 1MDB settlement showdown

LONDON and SINGAPORE – Prime Minister Anwar Ibrahim’s three-month-old administration won a key legal victory last week when Abu Dhabi’s International Petroleum Investment Co (IPIC) and its Aabar Investments PJS unit agreed to pay US$1.8 billion to settle a legal dispute linked to the sprawling 1Malaysia Development Berhad, or 1MDB, scandal. The two sides had been […]Continue Reading

Marcos vs Marcos in sibling spat over US-China policy

MANILA – “There was a time where we did not have to worry about these threats and the intensification of the competition between the superpowers,” declared President Ferdinand Marcos Jr in a particularly spirited speech before the Armed Forces of the Philippines in late February. “Now things have begun to change and we must adjust […]Continue Reading

What to watch for during Oz PM’s visit to India

After German Chancellor Olaf Sholz on February 25-26 and Italian Prime Minister Giorgia Meloni on March 2-3, Australian Prime Minister Anthony Albanese is to arrive in India on Wednesday for a four-day visit. This will see his large delegation – comprising senior ministers, officials and 27 business leaders of higher education, finance, mining, aviation, health, […]Continue Reading

Taiwan Feb exports fall again; H1 outlook poor

TAIPEI: Taiwan’s exports in February fell annually for a sixth straight month to their lowest level in two years due to a deteriorating global economy, with the outlook remaining dim for at least the first half of the year. Exports last month were down 17.1 per cent by value fromContinue Reading