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Bathers show up naked on beach to raise money for charity

Bathers show up naked on beach to raise money for charity

Hundreds of skinny-dippers ditched their clothes and ran into the North Sea against a backdrop of a glorious golden sunrise on Sunday morning. The North East Skinny Dip saw around 400 people of all ages whip off their clothes and plunge into the chilly waters as the sun rose. Some of the nude crowd held […]

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Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

Kuala Lumpur – The ringgit opened easier against the US dollar today on subdued demand for the local currency, as investors eye the release of key US inflation data today. At 9am, the local unit was quoted at 4.1960/2000 against the greenback from Wednesday’s close of 4.1900/1940. A dealer said US inflation data could give […]

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Money no object for City, but Guardiola must deliver

Money no object for City, but Guardiola must deliver

United Kingdom – Fortified by Manchester City’s £200 million (US$260 million) overhaul, Pep Guardiola is under pressure to ensure his second season in the Premier League is far more successful than his torrid first. Guardiola had a troubled debut campaign at Eastlands as the Spaniard failing to win a trophy for the first time in […]

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US accuses Chinese company of money laundering for North Korea

US accuses Chinese company of money laundering for North Korea

Washington – The United States has accused a Chinese-based company of acting as a front for laundering money on behalf of a sanctioned North Korean bank and has filed a complaint seeking US$1.9 million from it, US prosecutors said on Thursday. Mingzheng International Trading Limited has facilitated prohibited dollar transactions through the United States on […]

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1MDB prosecutors said to eye ex-Goldman banker’s money moves

1MDB prosecutors said to eye ex-Goldman banker’s money moves

New York – US prosecutors investigating Goldman Sachs Group Inc.’s role in raising almost $6 billion for Malaysia’s 1MDB investment fund are asking questions about money flowing through accounts linked to Tim Leissner, the lead banker behind the transactions, according to people familiar with the matter. Officials from the Federal Bureau of Investigation and Justice […]

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Apple in talks to launch money-transfer service

Apple in talks to launch money-transfer service

Apple Inc has held talks with payments industry partners about launching a money-transfer service, technology news website Recode reported on Thursday. The service will allow iPhone owners to transfer money digitally to other iPhone users, Recode reported, citing sources familiar with the talks. Apple will announce the new service later this year, one source told […]

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Zakir Naik’s close aide charged with money laundering in India

Zakir Naik’s close aide charged with money laundering in India

India’s Enforcement Directorate (ED) has charged Aamir Gazdar, a close aide of controversial preacher Zakir Naik, with money laundering. The case against Gazdar is that he was a director in six firms started by Naik through which the funds were laundered. It is believed that Naik, if he were to return to India, would likely […]

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Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

Kuala Lumpur – The ringgit opened lower against the US dollar today on mild profit-taking following yesterday’s gains. At 9.03 am, the local note stood at 4.4070/4120 against the greenback from 4.4030/4060 registered at 6pmyesterday. A dealer said the overnight decline in global crude oil prices also dampened investors’ interest towards the local note, as this […]

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Ringgit ends slightly higher against US dollar

Ringgit ends slightly higher against US dollar

Kuala Lumpur – The ringgit ended slightly higher against the US dollar today on continued buying interests, a dealer said. At 6pm, the local unit stood at 4.4330/4380 against the greenback compared to 4.4335/4365 on Friday. He said the local note was also supported by the increase in global crude oil prices which stood at […]

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‘Malaysians happy with BR1M and want ot to continue’

‘Malaysians happy with BR1M and want ot to continue’

Kuala Lumpur – A recent survey found that the majority of Malaysians appreciated the government’s effort to provide subsidy through 1Malaysia People’s Aid (BR1M) 2017 and that it is not a form of bribery as claimed by some. The national survey conducted by Kajidata Research on 1031 recipients and non-recipients of BR1M under the supervision […]

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