NEW YORK (June 2): Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc CEO of manipulating the cryptocurrency Dogecoin, costing them billions of dollars.

In a Wednesday night filing in Manhattan federal court, investors said Musk ...

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

1Malaysia Development Bhd (1MDB) and its four subsidiaries are seeking permission from the High Court (Insolvency division) to continue its civil suit against Eric Tan Kim Loong despite fugitive accomplice Low Taek Jho being declared a bankrupt for not settling his income taxes.

1MDB seeking permission to continue civil suit against Tan Kim Loong

The High Court has set Aug 29 to hear Parti Pribumi Bersatu Malaysia’s (Bersatu) application for leave (permission) for a judicial review against Dewan Rakyat Speaker Datuk Johari Abdul's decision not to vacate the seats of four Members of Parliament from Sabah.

High Court sets Aug 29 to hear Bersatu's bid to challenge Dewan Rakyat Speaker's decision not to vacate seats of defected MPs

A former accounts clerk with a local law firm claimed trial on Thursday (June 1) to nine charges of criminal breach of trust (CBT) for withdrawing money from the firm's accounts amounting to almost RM1 million for his own personal use.

Former accounts clerk with local law firm claims trial to nine CBT charges 

Federal prosecutors have a 2021 audio recording of former president Donald Trump acknowledging he kept a classified Pentagon document about a possible attack on Iran after leaving the White House, CNN reported on Wednesday (May 31).

Tape recording shows Trump acknowledging he kept classified document on Iran — CNN

The High Court on Wednesday (May 31) set aside a four-year jail sentence and RM15,000 fine on a businessman, after it ruled the Magistrates’ Court had erred in considering that speeding and possibly driving under the influence of alcohol had contributed to his recklessness in causing an accident that killed a policeman and injured another six years ago.

Court acquits businessman in accident resulting in policeman's death

Datuk Wan Saiful Wan Jan, who is the current Tasek Gelugor Member of Parliament, has filed an application to the Sessions Court to strike out graft charges totalling RM7 million against him involving the Jana Wibawa initiative on the grounds that they are defective.

Wan Saiful applies to strike out 'incomplete' graft charges against him

The High Court (Commercial division) on Wednesday (May 31) allowed SRC International Sdn Bhd to amend its statement of claim (SOC) in its US$1.18 billion fraudulent and misappropriation suit against Datuk Seri Najib Razak and Nik Faisal Ariff Kamil.

Court allows SRC to amend statement of claim against Najib

Prime Minister Datuk Seri Anwar Ibrahim said that being alleged as more "vindictive" in allegedly acting against political enemies by Pendang Member of Parliament (MP) Datuk Awang Solahuddin Hashim and compared to former prime minister Tun Dr Mahathir Mohamad is "totally absurd and untenable".

Anwar says Pendang MP comparing him to Dr M 'totally absurd'

Prime Minister Datuk Seri Anwar Ibrahim has been granted a two-week extension to file his defence to a defamation suit by Tun Dr Mahathir Mohamad despite objection by the former PM’s lawyer.

Court grants Anwar two-week extension to file his defence in Mahathir’s suit

Local musician celebrity Jason Jonathan Lo lost his defamation suit against Bernama over the national news agency's reporting of his drug and criminal breach of trust (CBT) charges in 2019 and 2020.

High Court Judicial Commissioner Datuk Raja Ahmad Mohzanuddin Shah Raja Mohzan also ordered Lo to pay RM15,000 in costs to Bernama on Tuesday (May 30).

Local celebrity Jason Lo loses defamation suit against Bernama

The Attorney General's Chambers (AGC) has rejected Crackhouse Comedy Club co-owner Mohamad Rizal Johan Van Geyzel's second letter of representation to drop all three charges brought against him over social media postings which had allegedly incited racial sentiments.

AGC rejects Crackhouse Comedy Club co-owner's second letter of representation in criminal case

The High Court on Wednesday (May 31) fixed July 11 for the hearing of former prime minister Tan Sri Muhyiddin Yassin's application to strike out his graft and money laundering charges.

Hearing of Muhyiddin's bid to strike out graft, money laundering charges fixed for July 11

Here’s a quick look at some of the stories that made headlines today.

EVENING 5: Five things you need to know today

Bursa Malaysia rebounds in early session on June 2

Elon Musk knocks Bernard Arnault off the perch to reclaim top spot

Kenanga Research projects  CY23F FBM KLCI earnings to contract by 1.2%

Australia raises minimum wage by 5.75% as living costs surge

HLIB Research says Velesto's valuations have become inflated

Malaysia's corporate profits disappoint on slowing demand, with little help from China reopening

Russia accuses US intelligence of hacking thousands of iPhones

Apple plans major retail push with new stores across China, US

Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer

Panasonic Malaysia, Affin Hwang Investment, Velesto Energy, Green Packet, Top Builders Capital, Star Media, Citaglobal, AME Elite, SCIB, UP, Meta Bright, Top Builders, Kimlun and Synergy House

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