Business

[ad_1] (Oct 23): Huawei Technologies Co. spent months quietly running to store critical radio chips ahead of Trump administration sanctions, ensuring it can continue to supply Chinese carriers in its $ 170k 5G technology rollout million until at least 2021. Partner Taiwan Semiconductor Manufacturing Co. began ramping up production in …

[ad_1] KOTA KINABALU: A Covid-19 patient who had recovered and was supposed to return home yesterday died after falling from a hospital here. Kota Kinabalu OCPD Asst Habibi Majinjin said the 63-year-old man was hospitalized on October 13 after testing positive for the virus. “He had recovered and was supposed …

[ad_1] The cost to Goldman Sachs in the 1MDB scandal has exceeded $ 5 billion. (Photo from Bloomberg) WASHINGTON: Goldman Sachs Group Inc, ridiculed after the 2008 financial crisis, just saw a decade of tarnished image repair as prosecutors and regulators around the world unleashed indictments and punishments against the …

[ad_1] Sabah accounts for approximately 20% of Malaysia’s oil and gas production, with 317,000 barrels of oil equivalent (BOE) per day. (Photo by Bernama) KOTA KINABALU: Sabah’s ambition to be an oil and gas powerhouse has taken a hit with Shell’s decision to pull out of the state in a …

[ad_1] Borrowers and banks are preparing for the worst now that the country is experiencing its third wave of Covid-19 cases. (Rawpixel image) All things considered, Malaysians are very lucky when it comes to financial support amid the global battle against Covid-19. Our government and Bank Negara have imposed helpful …

[ad_1] Goldman Sachs Malaysia has admitted charges of violating the anti-bribery provisions of the US Foreign Corrupt Practices Act, in connection with the 1MDB scandal. (Image from Reuters) WASHINGTON: Goldman Sachs Group Inc to pay a record foreign bribery fine in the US and plead guilty for the first time …

[ad_1] PETALING JAYA: The government’s work from home directive (FMH) for areas under the conditional movement control order (MCO) is considered to have a significant impact on productivity and business activities. “Although the restriction is only for Selangor, Kuala Lumpur, Putrajaya and Sabah, the Klang Valley is a highly populated …

[ad_1] KAJANG: Two brothers have been charged in the Magistrates Court here for the murder of the woman’s blind husband in a bloody scheme said to be related to the victim’s property. GS Angela Dewi, who operates a restaurant, and her brother GS Vijaya, 42, were jointly charged under Section …

[ad_1] Bayern Munich began their Champions League defense in style with a tremendously convincing victory over a mediocre Atlético de Madrid at the Allianz Arena. With only 59 days to go to defeat Paris Saint-Germain in the final, Hansi Flick’s team faced the daunting prospect of hosting Diego Simeone’s tenacious …

[ad_1] HONG KONG: The Hong Kong markets watchdog on Thursday fined the Asian company Goldman Sachs $ 350 million for its role in Malaysia’s 1MDB scandal, the largest fine ever imposed by the regulator downtown Asian financier. The Securities and Futures Commission (SFC) said serious lapses and deficiencies in management …