Standard Chartered slapped with $2.7bn lawsuit over fraud scandal Banking Standard Chartered has been hit with a $2.7bn lawsuit over its alleged role in one of the world’s largest financial fraud cases, known as the 1MBD scandal. The London-headquartered lender is being accused of helping move and hide billions of dollars that were stolen from Malaysia’s 1MDB fund, by not sufficiently checking to see where [...]
Manchester United’s £8m post-season Malaysia-Hong Kong tour begins today Sport Business Manchester United will play the first of two games in the Far East today as part of a post-season tour set to bank the club £8m. The Old Trafford club concluded their Premier League season on Sunday with a 2-0 victory over Aston Villa just hours before setting off to Malaysia and Hong Kong. They [...]
Man United to play in Malaysia three days after Aston Villa tie Sport Business Manchester United will play a match in Malaysia just three days after the conclusion of the Premier League season. The 20-time English champions face Aston Villa on 25 May on the last day of the season before taking on the ASEAN All Stars at the Bukit Jalil National Stadium on 28 May. Two days later [...]
Malaysian firm YTL to invest £4bn in UK and former Concorde development January 15, 2025 The Malaysian firm YTL has announced plans to invest £4bn in its UK businesses and a brownfield housing development in Bristol at the site of the former Concorde hangars. The firm will spend £2bn on redeveloping the former Filton airfield in South Gloucestershire into an arena and housing development north of Bristol, the UK government [...]