Malaysia Pulse delivers breaking news, politics, business, sports and lifestyle coverage from Malaysia and Southeast Asia — trusted, timely and independent.
A former investment bank chief executive officer has been charged with cheating in connection with a RM139.8 million payment directed to a private university management company, with the case now proceeding through Malaysia's Sessions Court.
Prime Minister Anwar Ibrahim has commended Maybank for becoming one of Asia's premier banking institutions, highlighting the lender's significance to Malaysia's regional economic standing.
Malaysia's benchmark index declined as investors took profits from banking stocks and plantation shares, despite a rally in US equities driven by technology sector momentum.