Bold, independent coverage of Malaysian politics, business and current affairs.
Malaysia's Court of Appeal has upheld a RM169.2mil asset freeze against businessman Ricky Wong and associated entities in a major securities fraud case, rejecting their attempts to overturn the High Court injunction.
Arya Bolurfrushan, founder of Abu Dhabi-based AppliedAI and former Goldman Sachs banker, has pleaded guilty to participating in an extensive insider trading scheme involving attorneys from top-tier law firms passing confidential merger details to traders.
A US federal judge has rejected Elon Musk's attempt to overturn a jury verdict that found him liable for defrauding Twitter investors during his $44 billion acquisition of the platform in 2022. The ruling upholds potential damages exceeding $2.5 billion.