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In focus this week is the response of Asian central bankers to the 75-basis-point increase in the benchmark federal funds rate by the US Federal Reserve, as well as developments in the US-Taiwan annual security talks, referred to as the Monterey Talks. With the US Federal Open Market Committee (FOMC) having raised the key rate to a target of between 1.5% and 1.75%, in its largest hike for a single meeting dating back to 1994, all eyes will be on how Asian central banks react as China, Indonesia and the Philippines will be releasing their respective monetary policy decisions.

KUALA LUMPUR: The Sessions Court was told that Ewein Zenith Sdn Bhd (EZCB) managing director Datuk Ewe Swee Kheng was unafraid and comfortable when the Malaysian Anti-Corruption Commission (MACC) recorded his statement over Penang chief minister Lim Guan Eng's corruption case relating to the construction of the undersea tunnel and paired roads in the state.

The defence in former Penang Chief Minister Lim Guan Eng’s corruption case lodged a complaint with the Sessions Court here  the strict security protocol at the court which resulted in Lim’s family members not allowed to enter the court room to follow the proceeding

KUALA LUMPUR, April 1 — The defence in former Penang chief minister Lim Guan Eng’s corruption case lodged a complaint with the Sessions Court here on the strict security protocol at the court which resulted in Lim’s family members not allowed to enter the courtroom to follow the proceeding....

KUALA LUMPUR: The signing of two memoranda for the Penang undersea tunnel project in front of then prime minister Datuk Seri Najib Razak and then Chinese premier Wen Jiabao in 2011 was an occasion which Lim Guan Eng claimed had made others envious of him, says a witness.