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PUTRAJAYA: Former prime minister Datuk Seri Najib Razak has been denied leave to appeal the Court of Appeal's ruling that did not allow him to attend the proceedings of the 1Malaysia Development Berhad (1MDB) US$681mil civil lawsuit filed against him and several others.
Bench orders former PM to pay RM30,000 in costs to 1MDB, its four subsidiaries.
As we wait on the Fed and watch the U.S. fiscal rise, emerging markets are showing why they deserve a deeper look from investors.
Fed rate cuts are coming, but moving too swiftly is a risk. We discuss the implications for emerging markets debt investors.
China's property bust and increasingly interventionist government, along with deepening geopolitical fissures with the United States, have dramatically dimmed its allure as a destination for international capital.