Goldman Sachs pleads not guilty in Malaysia over 1MDB bond sales World

Goldman Sachs pleads not guilty in Malaysia over 1MDB bond sales

Three units of Goldman Sachs pleaded not guilty to charges of misleading investors regarding 6.5 billion USD in bond sales that the US investment bank helped raise for state fund 1Malaysia Development Berhad (1MDB), Bernama state news agency reported on February 24.
Malaysia sends former Goldman Sachs banker to US World

Malaysia sends former Goldman Sachs banker to US

Malaysia has extradited a former Goldman Sachs leader to the US to face criminal charges linked to a multi-billion dollar scandal at Malaysia’s state investment fund, 1Malaysia Development Berhad (1MDB), reported daily financial newspaper The Edge on May 6.
Low interest rate slows G-bond sales Business

Low interest rate slows G-bond sales

Despite potential of expansion due to high investment demand, little capital has been mobilised from Government bonds due to interest rates below investors’ expectation.
Thai baht hits record high in two years World

Thai baht hits record high in two years

The value of Thai baht rose to 33.94 baht per USD, a record high in the past two years after the Bank of Thailand (BOT) decided not to take measures to stop the rise of the domestic currency.
NA committee backs international bond sales Business

NA committee backs international bond sales

The National Assembly's Committee for Finance and Budget approved the government's proposal to sell international bonds worth 3 billion USD to restructure domestic debts due during 2015 and 2016.
Business

G-bond market remains attractive

The Government bond market is expected to be more active this year as investors have shown increasingly strong interest in bond auctions despite falling coupons, the Saigon Times Daily reported.