The listing of Firmus Grid Ltd. was poised to be the next beat of Oliver Curtis’s comeback story after serving time in prison on insider trading charges. It would also have cemented his position among the artificial intelligence boom’s ultra-wealthy.
Malaysian Transport Minister Anthony Loke said he plans to resign from cabinet in response to the conditional pardon given to former Prime Minister Najib Razak related to his role in one of the largest corruption scandals in modern history.
The Rausing family, which made a fortune from Tetra Pak cartons, sold more than $1 billion of US equities in the second quarter, joining the global rich that are trimming bets in the world’s biggest stock market.
President Donald Trump’s media company wants traders and investors to pay for real-time access to Truth Social posts from the social media platform’s “highest-ranking” accounts.
Investor Balaji Srinivasan requested a meeting with the office of Malaysian Prime Minister Anwar Ibrahim, days after immigration officers raided his startup school in Forest City, a mega-development in the southern state of Johor.
Bangladeshi Prime Minister Tarique Rahman met Aminul Islam, the businessman the South Asian nation tried to have extradited in 2024 as part of a probe into alleged trafficking of migrant workers, during a state visit to Malaysia in June, according to people familiar with the matter.
Tarique Rahman during a welcome ceremony in Putrajaya, Malaysia, on June 22. Photographer: Mohd Rasfan/Pool/AFP/Getty Images
Red Lobster’s $20 all-you-can-eat shrimp deal wasn’t just a badly designed promotion that inadvertently helped tip the iconic American restaurant chain into bankruptcy.
Vietnam’s richest person spent billions of dollars of his personal fortune on his emerging electric automaker and other ventures last year as the shares of his corporate group soared.
Gina Rinehart, Australia’s richest person, invested almost $100 million in US weapons-makers and also backed two mining companies during the first quarter of this year.
US prosecutors call him the mastermind of one of the largest frauds in history. He’s avoided arrest since disappearing from public view in 2015. Now, from wherever he’s hiding, the fugitive Malaysian financier Jho Low is seeking a pardon from President Donald Trump.
Jho Low, the Malaysian financier accused by the US of being the mastermind of one of the largest financial frauds in history, has sought a presidential pardon while he remains a fugitive.
Jho Low in 2014. Photographer: Kevin Mazur/WireImage/Getty Images
Malaysia is planning to adopt a new foreign worker recruitment system developed by Bestinet Sdn., the company founded by labor tycoon Aminul Islam, according to six people familiar with the matter.
TCW Group has marked down its equity stake in Red Lobster by roughly 98% since acquiring it via the restaurant’s 2024 bankruptcy, leaving shares held by a private credit fund it oversees now worth less than $1 million, according to a recent regulatory filing.
A Red Lobster restaurant in Lakewood, California, US.
Malaysian businessman Victor Chin is suing labor tycoon Aminul Islam for the “attempted hijacking” of a company, the latest development in the so-called corporate mafia case that’s drawn public attention in the Southeast Asian nation.
Malaysian rubber glove maker WRP Asia Pacific Sdn. will begin winding down its business operations this month, citing “severe disruptions across global energy and petrochemical supply chains” caused by the Middle East conflict.
A senior leader in Malaysian Prime Minister Anwar Ibrahim’s party denied soliciting and receiving a bribe from businessman Victor Chin as the fallout from the so-called corporate mafia scandal intensifies in the Southeast Asian country.
Michael Hartono, an Indonesian billionaire and major shareholder of the country’s largest lender by market value, PT Bank Central Asia, has died. He was 86.
Michael Bambang Hartono in 2018. Photographer: Dimas Ardian/Bloomberg