KUALA LUMPUR: The Court of Appeal has unanimously allowed the Securities Commission’s (SC) appeal and set aside a 2021 High Court decision which had acquitted former executive deputy chairman of Malaysian Merchant Marine Bhd (MMM) Datuk Ramesh Rajaratnam for insider trading. Justices Datuk Vazeer Alam Mydin Meera, Datuk Ahmad Zaidi …

PARIS (Reuters) – Paris St Germain lost the Champions League semi-final first leg 1-0 to Borussia Dortmund, but that doesn’t mean they will go all out to score twice in the return game, manager Luis Enrique said on Monday. The Ligue 1 champions overturned a one goal deficit against Barcelona …

WALL Street was poised for a higher open on Monday as traders priced in a greater chance of the Federal Reserve cutting interest rates this year following a soft payrolls data last week. The benchmark S&P 500 and the blue-chip Dow closed at three-week highs on Friday after data showed …

NILAI: In response to a growing gap in domestic cocoa production, the government will allocate RM9.5mil to implement a new cocoa plantation project and cocoa farm recovery project with the ultimate goal of securing a stronger foothold in the international cocoa market, says Datuk Seri Johari Abdul Ghani, The Plantation …

SINGAPORE: Energy giant Shell is in talks with Saudi Arabia’s state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to $1 billion. Shell declined to comment …

VIENNA (Reuters) – U.N. nuclear watchdog chief Rafael Grossi flew to Iran on Monday hoping to bolster his agency’s oversight of Tehran’s atomic activities after various setbacks, but analysts and diplomats say he has limited leverage and must be wary of empty promises. Then-U.S. President Donald Trump’s decision in 2018 …

MELAKA: The world’s largest traditional Chinese wooden sailing ship, “Fu Ning” will make a second trip to Melaka during the height of the 50th anniversary celebration of diplomatic ties between Malaysia and China. Melaka Chief Minister Datuk Seri Ab Rauf Yusoh said he is inviting the shipowner Lim Cheng Jiu …

PUTRAJAYA: The Federal Court has dismissed an application by two activists who sought leave to challenge the Attorney General’s decision not to prosecute preachers Muhammad Zamri Vinoth Kalimuthu and Firdaus Wong Wan Hung for allegedly insulting Hindus. A three-member panel of judges comprising Justices Datuk Harmindar Singh Dhaliwal, Datuk Abdul …

KUALA LUMPUR: Follow instructions and help make the voting process for the Kuala Kubu Baharu by-election a smooth and orderly one, says Datuk Seri Saifuddin Nasution Ismail. The Home Minister and PKR secretary-general said the public should trust that the Election Commission (EC) would ensure a smooth process during Tuesday’s …

KUALA LUMPUR: Datuk Shahrol Azral Ibrahim Halmi told the High Court that he did not make an agreement with the government to drop 1MDB’s US$1.18 bil lawsuit against him. The former 1Malaysia Development Bhd (1MDB) CEO, who is testifying as a third-party witness in a lawsuit by 1MDB’s subsidiary SRC …