Fast, factual wire coverage from across Malaysia and the region.
The High Court in Kuala Lumpur heard testimony establishing that a controversial US$620 million transaction returned in 2013 went back to its original sender rather than to former PM Najib Razak's personal account.
Capital One has responded to legal action challenging its closure of the Trump Organisation's bank accounts, arguing the decision followed a thorough anti-money laundering compliance review by specialist investigators.
A New York judge has rejected Zelle's attempt to dismiss a lawsuit accusing the payment platform of prioritizing growth over consumer safety, allowing a fraud case involving over $1 billion in losses to proceed.
Fertiliser supplier Cropmate has announced the unfreezing of its bank accounts following a financial dispute, while confirming that no personnel have been arrested or face legal charges.
Bank Negara Malaysia is urging customers to report instances where they face RM1 charges when withdrawing from their own bank's ATM machines, signalling the central bank's commitment to protecting consumers.