Goldman Sachs makes a $3.9 billion deal with Malaysia
Malaysia is withdrawing pending criminal charges and said it won't seek charges against Goldman Sachs and its employees after a $3.9 billion settlement deal, except for Tim Leissner and Roger Ng, the former Goldman bankers accused of helping Low. While Leissner has pleaded guilty for his role in the scheme, Ng has pleaded not guilty and last year was extradited to the U.S. to face the Justice Department charges
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Oracle is in talks to acquire TikTok's U.S. operations, challenging Microsoft, source says
Oracle, an enterprise software giant, is in talks to acquire social media company TikTok's U.S., Canadian, Australian and New Zealand assets, according to a person familiar with the matter. Spokespeople for TikTok and Oracle declined to comment.
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China risks losing Taiwan 'forever' due to its actions in Hong Kong, says strategist
China may never "reunify" with Taiwan now that the central government in Beijing has tightened its control over Hong Kong, one strategist said on Monday. The Chinese Communist Party has never governed the island, but has sought to push Taiwan to accept Beijing's rule under a "one country, two systems" framework.
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Singapore, Malaysia agrees to resume cross-border travel from August 10
Singapore and Malaysia have settled arrangements for cross-border travel between both countries, but are not yet ready to allow daily commuting, said Singapore’s Minister for Foreign Affairs, Vivian Balakrishnan. Dr. Balakrishnan was speaking to Singapore reporters at the Woodlands Immigration and Checkpoints Authority building on Sunday
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Malaysia angry over Al Jazeera’s documentary on undocumented migrants
A diplomatic spat erupted between Malaysia and Al Jazeera over COVID-19 might affect ties between two Muslim countries – Malaysia and Qatar. The trigger for the row was Al Jazeera‘s 26-minute documentary ‘Locked up in Malaysia’s Lockdown‘, which depicted how undocumented migrant workers are being rounded-up in a military-style crackdown and detained in camps on the pretext of implementing a coronavirus-induced lockdown
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