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Day: 30 May 2023

Asia markets mixed as traders await US debt ceiling vote

ASIAN investors traded nervously today as they kept an eye on Washington, where lawmakers are expected to vote this week on a deal to hike the US debt ceiling and avoid a painful default. President Joe Biden and House Speaker Kevin McCarthy hammered out an agreement at the weekend that saw both sides give ground, […]

High Court grants Bersatu leave to challenge MACC

THE High Court in Kuala Lumpur today allowed Bersatu’s application for leave to commence judicial review proceedings to challenge the Malaysian Anti-Corruption Commission’s (MACC) decision to freeze its bank accounts and the travel ban by the Immigration Department against its president Muhyiddin Yassin. Judge Ahmad Kamal Md Shahid ruled that the applicants had passed the threshold […]