World News

World News

World news is a section of News on investvine.com
“Malaysia’s Imelda” likely to be charged for money laundering

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Rosmah Mansor, wife of Malaysia’s former prime minister Najib Razak who is embroiled in the multi-billion fraud scandal surrounding state fund 1Malaysia Development Berhad...
Malaysia halts property developments exclusively for foreigners

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The Malaysian government will no longer allow property developments and new townships solely aimed at foreign buyers in a bid to reduce “mindless foreign...
Amazon’s cloud service unit to invest almost $1 billion in Indonesia

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American IT giant Amazon is planning a 14 trillion-rupiah ($945 million) investment in Indonesia, according to The Straits Times, which referred to local news...
Najib could spend rest of his life in jail if found guilty – Rosmah next to face charges

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Malaysia’s former prime minister Najib Razak pleaded not guilty on September 20 to no less than 21 counts of money laundering and four counts...
Malaysia’s ex-PM detained over mysterious $628-million transfer

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Former Malaysian prime minister Najib Razak was arrested on September 19 over allegations that $628 million linked to state investment fund 1Malaysia Development Berhad...
Malaysia expects to write off up to 70% of 1MDB losses

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Malaysia’s finance minister Lim Guan Eng said that authorities have reason to believe that up to 70 per cent of the misappropriated money from...
Thailand seeks to lure more electric vehicle makers

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Thailand’s Board of Investment (BOI) has announced new packages and privileges for electric vehicle companies to establish operations in the Eastern Economic Corridor, a...
Indonesia seeks to host 2032 Olympics

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Indonesia’s President Joko Widodo announced plans on September 1 to bid for the hosting of the 2032 Summer Olympics. The move following the country’s...
Vietnam gives go-ahead for Formula One Grand Prix on the streets of Hanoi

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The Vietnamese government has said it supports the idea of staging a Formula One race on the streets of the capital Hanoi, Reuters reported,...
Vietnam demands Monsanto pay its dues for Agent Orange

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Vietnam has demanded US chemical giant Monsanto pay compensation to the victims of Agent Orange, which the company supplied to the US military during...
Indonesia proposes palm oil to be used as jet fuel

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Indonesia, the world’s top producer of palm oil, has suggested to use palm oil as biofuel in jet fuel and asked Boeing and Airbus...
New US sanctions against Myanmar military in Rohingya crisis

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The US broadened its sanctions against Myanmar on August 17, blacklisting four commanders and two units of security forces for their alleged role in...
Myanmar set to turn into major gold exporter

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Myanmar`s Ministry of Commerce is in the process of officially removing a regulation that prevented traders to export gold for more than five decades,...
Trump backs boycott of Thai-made Harley-Davidson bikes

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In what is probably a first in US history, an acting president publicly supported calls for a boycott of a US product, and, with...
Malaysia’s ex-PM Najib faces 125 years jail time if found guilty on all 1MDB charges

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Former Malaysian prime minister Najib Razak could be jailed up to 125 years and fined a total of 210 million ringgit ($51.6 million) if...
Indonesia hands over 1MDB-linked luxury yacht amid ongoing investigations

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Indonesia has returned to Malaysia the luxury yacht “Equanimity” linked to the multi-billion dollar 1Malaysia Development Berhad (1MDB) financial scandal, Malaysia’s Prime Minister Mahathir...
Malaysia’s aviation chief quits after MH370 report exposes shortcomings

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The head of Malaysia’s civil aviation regulator has resigned after an official report found failings in air traffic control when flight MH370 disappeared. In...
MH370 investigation hits dead end with latest report

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A report on the disappearance of Malaysia Airlines flight MH370 released on July 30 has highlighted mistakes and protocol guidelines that were not followed,...