Modify EPF withdrawal policy, experts say

WHILE there is a need for the Employees’ Provident Fund (EPF) withdrawal policy to be changed to support the current retirement age of 60, it should be flexible for all contributors, financial planners and economic experts said. They urged the government to adopt a “soft landing” approach instead of a “one-size-fits-all” policy.  

Rate-hike fears keep stocks rangebound

EUROPEAN and US stocks moved little yesterday as investors awaited more company earnings and worried that central banks may keep raising interest rates for longer than expected. In Europe, London’s FTSE 100 rose but the Paris CAC 40 ended lower after striking a fresh record-high at 7,552 points earlier in the day.

Brazil defender Dani Alves back in court over rape allegation

BRAZIL defender Dani Alves was back in court yesterday to testify before the judge investigating a rape allegation made by a woman in Barcelona for which he has been remanded in custody.  The 39-year-old, who has been remanded in custody since January 20, appeared in court at his own request, giving a brief statement to […]

‘Red flags but bank never lodged reports’

KUALA LUMPUR: A former Singaporean banker told the High Court that there were obvious red flags in relation to 1Malaysia Development Berhad (1MDB) transactions in BSI Bank, but the bank never filed any suspicious transaction reports (STR) to the Monetary Authority of Singapore (MAS). Read full story

Not just a ‘pipe dream’

PETALING JAYA: From dry taps to drying dams, Malaysians have had to deal with a number of water-related problems. Read full story

Public urged to store water as demand will peak near Aidilfitri

KOTA KINABALU: The people here have been advised to store water to cope with demand during the Hari Raya Aidilfitri period amid peak demand by consumers on the west coast of the state, says Deputy Chief Minister (III) Datuk Shahelmey Yahya. Read full story

Local horror film at Cannes

PETALING JAYA: Malay-language horror film Tiger Stripes will be showcased at this year’s Cannes Film Festival, having been selected for the Cannes International Critics’ Week. Read full story