Najib Razak Faces New Money Laundering Charges in 1MDB Investigation

Former Malaysian prime minister Najib Razak has been charged with three new counts of money laundering, in connection to the multi-billion-dollar 1MDB scandal. Mr Najib pleaded not guilty to the charges, entering his plea in the High Court. The charges relate to three transfers totaling 42 million ringgit ($13.6 million) into his bank accounts from…

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Chinese state media defends retaliatory tariffs on US

China’s state media defended retaliatory tariffs placed on $US60 billion worth of US goods by the Chinese government, saying they show “rational restraint”. “China’s countermeasures are rational,” said commentary in the Global Times, a tabloid run by the official state media. “China will not rush to compete with U.S. numbers.” The Chinese finance ministry announced…

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US to provide nearly $300 million in security for Southeast Asia

US Secretary of State Mike Pompeo has pledged close to $300 million in additional security funding for Southeast Asia, seeking to bolster the region against Chinese attempts to strengthen its interests in the area. Mr Pompeo announced the funding during the Association of Southeast Asian Nations (ASEAN) meeting in Singapore. “As part of our commitment…

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US Federal Judge orders Trump administration to reinstate DACA

A US federal judge has ruled that the Trump administration must fully reinstate, including allowing new applications, the DACA program, which protects young immigrants that were brought to the US as children from being deported. US District Judge John Bates has stayed the order until August 23rd to give the administration time to decide if…

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