<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 6): The government said it has no evidence that Umno president Datuk Seri Ahmad Zahid Hamidi owns RM230 million in assets.</p></div>

<div class=newsTextDataWrapInner><p>"There is no statement or evidence to support the existence of this money," said Minister in the Prime Minister's Department Liew Vui Keong in a parliamentary written response dated Aug 2 to Bukit Gelugor MP Ramkarpal Singh, who wanted to know if the government would investigate allegations that Zahid had RM230 million in assets.</p></div>

<div class=newsTextDataWrapInner><p>Liew said the Malaysian Anti-Corruption Commission (MACC) will investigate if there is justifiable information and evidence regarding the claim.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Allegations about Zahid's wealth surfaced last August when he got involved in a public spat with Tun Dr Mahathir Mohamad.</p></div>

<div class=newsTextDataWrapInner><p>Dr Mahathir, who is now the Prime Minister, claimed that Zahid had declared his assets to him in 1996 which amounted to nine figures when Zahid was Umno Youth chief during that time.</p></div>

<div class=newsTextDataWrapInner><p>At the time, Zahid accused Dr Mahathir of lying and welcomed investigations by the MACC.</p></div>

<div class=newsTextDataWrapInner><p>He also urged MACC to investigate Dr Mahathir's children on their source of wealth.</p></div>


KUALA LUMPUR (Aug 6): The government said it has no evidence that Umno president Datuk Seri Ahmad Zahid Hamidi owns RM230 million in assets.

"There is no statement or evidence to support the existence of this money," said Minister in the Prime Minister's Department Liew Vui Keong in a p...

Putrajaya says there's no evidence Zahid has RM230m in assets

The High Court has dismissed Muar Member of Parliament Syed Saddiq Syed Abdul Rahman's leave (permission) application to commence legal action against Prime Minister Datuk Seri Anwar Ibrahim and the government over RM730,300 in allocations for his constituency.

Court dismisses Syed Saddiq's bid to mount legal challenge on unpaid MP allocations

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Rain and thunderstorms are expected to hit Selangor, Negeri Sembilan, Sabah, and Sarawak on Christmas morning.

Rain, thunderstorms expected to hit four states on Christmas morning — MetMalaysia

Social media app Telegram is profitable for the first time after paying down “a meaningful share” of some US$2 billion (RM8.97 billion) in debt, CEO Pavel Durov said in a post on X Monday (Dec 23).

Telegram profitable for first time after app pays down debts

Saks Global completed its US$2.7 billion (RM12.11 billion) acquisition of Neiman Marcus, creating what the company says is a multibrand luxury giant that’s powered by the technology of its high-profile investors, Amazon.com Inc and Salesforce Inc.

Saks closes US$2.7 bil Neiman deal, creating big luxury player

Bank of Japan (BOJ) policymakers agreed in October to keep raising interest rates if the economy moves in line with their forecast, but some stressed the need for caution on uncertainty over US economic policy, minutes of the meeting showed on Tuesday.

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South Korea’s main opposition party said it will start impeachment proceedings against Prime Minister and Acting President Han Duck-soo.

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Swiss private equity firm Partners Group Holding AG is looking to rearrange its India portfolio that has quadrupled to more than US$8 billion (RM35.88 billion) since it first started investing in the country a decade ago, according to a top company official.

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Bitcoin is flagging in the last leg of a record-breaking year.

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Agrochemicals giant Syngenta Group Co signed a US$4.5 billion (RM20.2 billion) sustainability-linked loan, according to a company statement on Monday, in Asia’s largest such dollar facility this year.

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<p>Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.</p>


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<p>Corporate services provider Amicorp Group has denied allegations it knowingly facilitated more than US$7 billion (RM31.43 billion) in fraudulent transactions related to the misappropriation of funds from scandal-hit Malaysian state fund 1Malaysia Development Bhd (1MDB).</p>


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<p>Stocks in Asia traded in tight ranges amid relatively thin holiday trading after a rally in some of the world’s largest technology companies boosted US benchmarks.</p>


Asian stocks in narrow ranges after US tech boost

<p>Taiwan Semiconductor Manufacturing Co (TSMC) shares touched a record high, as the world’s largest contract chipmaker is poised to cap its best annual stock performance in 25 years.</p>


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<p>China’s real estate woes look set to get worse before they get better, raising the prospect of a miserable year for property shares despite a recent bounce.</p>


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<p>A rally in some of the world’s largest technology companies spurred a rebound in stocks, following a brief slide fueled by weaker-than-expected data on US consumer confidence.</p>

<p>In a thin trading session at the start of a holiday-shortened week, the S&amp;P 500 finished near session highs. Nvidia Corp., Meta Platforms Inc. and Tesla Inc. drove a gauge of the “Magnificent Seven” megacaps up almost 1.5%.</p>


US stocks get boost from tech at start of Christmas week

<p>The High Court has dismissed Muar Member of Parliament Syed Saddiq Syed Abdul Rahman's leave (permission) application to commence legal action against Prime Minister Datuk Seri Anwar Ibrahim and the government over RM730,300 in allocations for his constituency.</p>


<p>South Korea's consumer sentiment dropped sharply this month to hit the weakest level in more than two years on growing worries about political uncertainty following parliament's impeachment of President Yoon Suk Yeol.</p>


South Korea consumer sentiment weakest since 2022 on political uncertainty

<p>Bitcoin is flagging in the last leg of a record-breaking year.</p>


<p>Rain and thunderstorms are expected to hit Selangor, Negeri Sembilan, Sabah, and Sarawak on Christmas morning.</p>


<p>Australia’s balance of risks is tilted to the downside, including a potential stall in disinflation, the International Monetary Fund (IMF) said, calling on the government to avoid excessive spending.</p>


Australia’s risks tilt to downside, IMF says, urging restraint

<p>Panama President Jose Raul Mulino rallied support from former presidents in defence of the country’s canal following threats from Donald Trump to reimpose US control over the waterway.</p>


Panama president rallies support for canal after Trump threat

<p>Agrochemicals giant Syngenta Group Co signed a US$4.5 billion (RM20.2 billion) sustainability-linked loan, according to a company statement on Monday, in Asia’s largest such dollar facility this year.</p>


<p>Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by US economic data and rising oil demand in India, the world's third-largest oil importer.</p>


Oil prices up in thin pre-Christmas trade

<p>Saks Global completed its US$2.7 billion (RM12.11 billion) acquisition of Neiman Marcus, creating what the company says is a multibrand luxury giant that’s powered by the technology of its high-profile investors, Amazon.com Inc and Salesforce Inc.</p>


<p>Swiss private equity firm Partners Group Holding AG is looking to rearrange its India portfolio that has quadrupled to more than US$8 billion (RM35.88 billion) since it first started investing in the country a decade ago, according to a top company official.</p>


<p>South Korea’s main opposition party said it will start impeachment proceedings against Prime Minister and Acting President Han Duck-soo.</p>


<p>Social media app Telegram is profitable for the first time after paying down “a meaningful share” of some US$2 billion (RM8.97 billion) in debt, CEO Pavel Durov said in a post on X Monday (Dec 23).</p>
