Swiss parliament to probe into Credit Suisse takeover
SWITZERLAND’S parliament will probe into the government-orchestrated takeover of the stricken Credit Suisse bank by larger rival UBS, in an extremely rare move, following a vote today. A parliamentary commission of inquiry will be established to shed light on how the Swiss authorities rapidly stitched together the merger of the wealthy Alpine country’s two biggest […]
Cop hurt while trying to nab man in Penang
GEORGE TOWN: A policeman injured his hand while trying to arrest a man who was involved in a brawl at Lebuh Chulia here. Read full story
I will answer all questions in court if charged, says Dr M
PETALING JAYA: Tun Dr Mahathir Mohamad says he will answer all questions about his statement regarding the history of Kedah and his Malay Proclamation if he is charged in court. Read full story
40 luxury handbags linked to 1MDB being auctioned off, says Azalina
KUALA LUMPUR: Some 40 luxury handbags, linked to 1Malaysia Development Berhad (1MDB), that are worth hundreds of thousands of ringgit are being auctioned off, says Datuk Seri Azalina Othman Said. Read full story
PAC to visit LCS construction site on Saturday
THE Public Accounts Committee (PAC) will be commencing its proceeding on the construction progress of the second-generation littoral combat ships (LCSs) owned by the Royal Malaysian Navy (RMN). PAC chairman Mas Ermieyati Samsudin said the committee will visit the RMN base in Lumut, Perak, which is the location of the LCS construction, on Saturday.
UK clamps down on cryptocurrency sector
BRITAIN’S financial regulator today tightened rules over the promotion and selling of cryptocurrency as it seeks to protect consumers. The Financial Conduct Authority (FCA) unveiled a package of measures for the industry, which has long faced criticism over the lack of oversight – and promises of high returns in a volatile marketplace.
Turkmenistan vows to end smoking within 2 years
TURKMENISTAN’S authoritarian leader launched an “unprecedented” anti-smoking crusade today, ordering the Central Asia country to rid itself completely of tobacco within two years. President Serdar Berdymukhamedov said the “uncompromising” struggle against smoking would include a crackdown on “illegal importations of tobacco products and their sales, including shisha pipes and electronic cigarettes”, state media reported.
Six suspects including 13-year-old arrested for motorcycle theft in Melaka
MELAKA: A 13-year-old boy is among six people who were arrested for alleged involvement in a motorcycle theft syndicate. Read full story
King, Queen visit centenarian Kamala Das
KUALA LUMPUR: Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah and Raja Permaisuri Agong Tunku Azizah Aminah Maimunah Iskandariah visited the home of centenarian Kamala Das, who celebrated her 100th birthday on Monday (June 5), at Taman Utama Ampang, Selangor. Read full story
Pahang MACC arrests three more cops in OCPD bribery case
KUANTAN: The Pahang Malaysian Anti-Corruption Commission (MACC) has arrested two police officers and a policeman over bribery allegations involving a district police chief (OCPD) in the state. Read full story