According to the WSJ and then later Reuters, the FBI and the SEC are investigating activist investor Carl Icahn, pro golfer Phil Mickelson, and gambler William Walters for possible insider trading involving private information provided by Icahn. However, Icahn has told CNBC’s Scott Wapner that he had no idea what was going on. “I have […]

SINGAPORE (May 31): The United States warned China on Saturday to halt destabilising actions in Asia as Washington and its allies sought to boost defence cooperation in the face of what Japan called an “increasingly severe” security environment. Using unusually strong language, U.S. Defense Secretary Chuck Hagel told an Asia-Pacific security forum that the United […]

KUALA LUMPUR: The emergence of 88-year-old Tun Dr Mahathir Mohamad as Proton’s chairman will strengthen the national carmaker’s hand against the government and end internal management fissures, according to the Edge Weekly. With his clout and connections, Mahathir is likely to play a key role in bringing in a partner for Proton, and may influence […]