[ad_1] Malaysia’s sovereign wealth fund Khazanah Nasional is rebalancing its investment portfolio for greater resilience against market volatility, according to its managing director. Khazanah’s net asset value declined 5% to 81 billion ringgit ($17.4 billion) in 2022 from a year ago, hit by global market downtrends, the fund said in March. The Kuala Lumpur-based fund … Read more
[ad_1] Calls to move away from relying on the U.S. dollar for trade are growing. More and more countries — from Brazil to Southeast Asian nations — are calling for trade to be carried out in other currencies besides the U.S. dollar. The U.S. dollar has been king in global trade for decades — not … Read more
[ad_1] Hong Kong CNN — Police in Malaysia say they are investigating the death of a woman whose decomposing body was discovered in a travel bag at an abandoned bus station. A passerby found the bag near a building belonging to the state electricity company Tenaga Nasional Berhad earlier this week in Kulai, a district … Read more