Goldman Sachs acquitted of RM27.2bil bond sale charges

[ad_1] KUALA LUMPUR: The Supreme Court granted the exoneration and acquittal of Goldman Sachs International Ltd and its two Asian entities on charges related to the sale of 1Malaysia Development Berhad (1MDB) bonds worth US $ 6.5 billion (US $ 27.2 million). Americans). Judge Mohamed Zaini Mazlan made the decision …

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The worst is over for the oil and gas sector

[ad_1] KUALA LUMPUR: AmInvestment Bank Research has upgraded the oil and gas sector to “overweight” despite ongoing volatility in crude prices, as the down cycle may have bottomed out. After the recent quarterly earnings season, the research house has five “buy” calls in the sector and only two “sell” calls …

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