A former Goldman Sachs banker is talking with U.S. prosecutors about potentially pleading guilty to charges stemming from alleged fraud at a Malaysian state investment fund, people familiar with the matter say....Mon, Jul 09, 2018
Central banks in some emerging market economies have started to spend down a $6 trillion stash of foreign reserves to contain currency declines....Wed, Jul 04, 2018
The Chinese currency surged against the dollar on Wednesday, continuing a recovery that began the previous afternoon after China’s central bank chief pledged to keep the exchange rate “basically stable.”...Tue, Jul 03, 2018
Malaysia’s largest oil and gas services company is planning to list its exploration and production unit to take advantage of the recent surge in global oil prices. ...Wed, Jul 04, 2018
A task force investigating the multibillion-dollar scandal that has engulfed the state fund says the more than 400 frozen accounts are believed to have links to misappropriation and misuse of 1MDB funds....Fri, Jun 22, 2018
Deutsche Bank’s global corporate-strategy team is being dismantled and the executive who runs it, Ali Almakky, is leaving that role. ...Fri, Jun 22, 2018
Markets are still waking up to the idea that trade battles are more than a sideshow. Investors who think China won’t back down still have plenty of opportunity to get out. They also have a problem: get out of what, exactly? ...