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Malaysia to summon two Goldman Sachs units ahead of 1MDB case

KUALA LUMPUR: Malaysian prosecutors on Monday said they would issue summonses to units of US investment bank Goldman Sachs in London and Hong Kong, requiring them to respond by June to criminal charges filed against them last year.Soon after being elected in May, 2018, a new government charged three units of Goldman Sachs for misleading…

Japan’s exports slump again on weak external demand
Business

Japan’s exports slump again on weak external demand

SINGAPORE: Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and US sanctions against Iran and Venezuela.Brent crude oil futures were at $67.03 per barrel at 0231 GMT, down 13 cents, or 0.2 percent, from…

Oil slips on economic slowdown, but OPEC-led cuts still support
Business

Oil slips on economic slowdown, but OPEC-led cuts still support

SINGAPORE: Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and US sanctions against Iran and Venezuela.Brent crude oil futures were at $67.03 per barrel at 0231 GMT, down 13 cents, or 0.2 percent, from…

No sign of imminent North Korea missile launch: Seoul
World

No sign of imminent North Korea missile launch: Seoul

SENTANI: Flash floods in Indonesia’s eastern Papua province have killed at least 77 people, the disaster agency said Monday as it raised the death toll from 58. More than three dozen people remain missing, while scores have been injured in the disaster, triggered by torrential rain and landslides. “The death toll could still go up…

Rohingya ‘lost generation’ struggle to study in Bangladesh camps
World

Rohingya ‘lost generation’ struggle to study in Bangladesh camps

COX’S BAZAR, Bangladesh: Sixteen-year-old Kefayat Ullah walked to his school in southern Bangladesh in late January, as he had done most days for the previous six years, to find that — despite being one of the top students in his class — he had been expelled.A government investigation had outed him, along with dozens of…

Rouhani: Iran will file legal case against US for sanctions
Middle East

Rouhani: Iran will file legal case against US for sanctions

LONDON: Iranian President Hassan Rouhani said on Monday that the government would file a legal case in Iran against US officials who imposed sanctions on the country as a precursor to action in international courts. Rouhani said in a speech broadcast live on state television that US sanctions had created difficulties including a weaker rial…

Iranian border guard killed in fight with armed group near Iraq
Middle East

Iranian border guard killed in fight with armed group near Iraq

ALGIERS: Thirteen independent Algerian unions have refused to back the newly-appointed prime minister’s efforts to form a government he hopes will placate protesters who are pressuring President Abdelaziz Bouteflika and his inner circle to step down. “We will not hold discussions with this system, we belong to the people and the people said ‘No’ to…

Algerian unions refuse to support PM’s efforts to form government
Middle East

Algerian unions refuse to support PM’s efforts to form government

ALGIERS: Thirteen independent Algerian unions have refused to back the newly-appointed prime minister’s efforts to form a government he hopes will placate protesters who are pressuring President Abdelaziz Bouteflika and his inner circle to step down. “We will not hold discussions with this system, we belong to the people and the people said ‘No’ to…

The Color Run debuts in KSA’s Eastern Province
Saudi Arabia

The Color Run debuts in KSA’s Eastern Province

JEDDAH: For the first time in Saudi Arabia, The Color Run is coming to Sharqiah Season, which features more than 80 events in Eastern Province cities, and is the first of 11 scheduled festivals planned throughout the Kingdom in 2019.  Sharqiah Season is a collaborative effort by the Saudi Commission for Tourism and National Heritage,…

Saudi king’s stance on Christchurch attack lauded
Saudi Arabia

Saudi king’s stance on Christchurch attack lauded

JEDDAH: For the first time in Saudi Arabia, The Color Run is coming to Sharqiah Season, which features more than 80 events in Eastern Province cities, and is the first of 11 scheduled festivals planned throughout the Kingdom in 2019.  Sharqiah Season is a collaborative effort by the Saudi Commission for Tourism and National Heritage,…

Saudi Water Forum launched in Riyadh
Saudi Arabia

Saudi Water Forum launched in Riyadh

JEDDAH: For the first time in Saudi Arabia, The Color Run is coming to Sharqiah Season, which features more than 80 events in Eastern Province cities, and is the first of 11 scheduled festivals planned throughout the Kingdom in 2019.  Sharqiah Season is a collaborative effort by the Saudi Commission for Tourism and National Heritage,…

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