• Goldman sued over 1MDB links in Malaysian bank merger

    In a new development linked to the 1MDB corruption scandal, a former Hong Kong-based investment fund is suing Goldman Sachs for conflict of interest in advising a 2011 Malaysian bank merger. Primus Pacific Partners said Tuesday that Goldman and its then managing director in Southeast Asia, Tim Leissner, concealed its close relationship with Malaysian Prime Minister Najib Razak when the bank was recruited to advise EON Capital, partly owned by Primus, in its $1.7 billion sale to Malaysia's Hong Leong Bank (HLB).

    AFP News
  • Heat guard had an amazing, gross reaction to $50M contract offer

    A great many sports fans, whether die-hard NBA followers or casual observers, experienced pretty serious sticker shock during the opening days of free agency, as players who aren’t exactly household names (well, outside of Russia) started signing deals eight-figure deals that dwarf the top paydays of some of the greatest NBA players of even the very recent past. Nets general manager Sean Marks made the lucrative offer, which included “poison-pill” guarantees of $18.8 million and $19.6 million in the final two years of the deal, in hopes that the Heat — who picked up the undrafted Fresno State product in the summer of 2014, added him to their D-League affiliate, the Sioux Falls Skyforce, and helped develop him into a versatile young backcourt piece for the senior club — would be too cap-strapped down the line after maxing out center Hassan Whiteside, and too wrapped up with their pursuit of top free agent Kevin Durant and attempts to re-sign franchise legend Dwyane Wade, to exercise their rights in restricted free agency and match the offer sheet.

    Ball Don't Lie
  • Trump gripes about hotel hot air, says he might not pay bill

    WASHINGTON (AP) — Donald Trump is complaining about hot air at a Virginia hotel, and the hotel is pushing back.

    Associated Press
  • NUS Responds: Sexual Freshman Orientation Activities “Neither Approved Nor Endorsed”

    Amid reports of freshman orientation activities in the National University of Singapore turning sexual and several NUS students defending these offensive actions, the university’s acting provost has issued an internal email condemning the turn of events. In an email to NUS students issued Tuesday evening, acting provost Prof Bernard Tan said that the university expects orientation activities to be respectful of the dignity of all participants, regardless of gender. Prof Tan elaborated that the NUS’ Office of Student Affairs (OSA) conducts briefing sessions for students leading orientation activities, and warns them of dos and don’ts including examples of inappropriate activities.

    Popspoken
  • Duterte vows to crush Abu Sayyaf

    Describing  the Abu Sayyaf as criminals with distorted religious fervor, President Duterte vowed yesterday to crush the bandits who continue to pose a national security threat. In his first State of the Nation Address (SONA) at the Batasang Pambansa in Quezon City, Duterte also sought stronger cooperation with Indonesia and Malaysia. The Abu Sayyaf has been involved in kidnap-for-ransom activities that lately victimized Indonesians and Malaysians.

    Philippine Star
  • Lindsay Lohan's fiance moves out of London home

    Lindsay is hopeful she can save her romance with Egor.

    Cover Media
  • Cash, guns seized from drug lord’s cell in Bilibid

    The police Special Action Force (SAF), which recently took over security at the national penitentiary in Muntinlupa City, has seized over P1 million in cash, guns, illegal drugs and electronic devices from the cell of a convicted drug lord, Justice Secretary Vitaliano Aguirre II reported yesterday. The SAF will continue the raids at the New Bilibid Prison (NBP), particularly in Building 14 where high-profile convicts are detained. Aguirre said SAF commandos, backed up by an armored vehicle recovered over P1 million from Co in three consecutive days.

    Philippine Star
  • Higuain completes sensational Juventus move

    Gonzalo Higuain completed a sensational move to Juventus after the Italian champions agreed to pay a 90 million euros ($98.8m) fee, the third highest in history, to wrest the Argentine striker from Napoli on Tuesday. In what is the biggest ever transfer fee recorded between two Serie A clubs, Higuain's move to Turin on a five-year deal was confirmed by Juventus two hours after being published by Serie A league bosses on their official website. In a statement, the Turin giants said: "Juventus Football Club announces the definitive purchase of Gonzalo Gerardo Higuain for the sum of 90m euros, payable over two equal instalments in 2016/2017 and 2017/2018.

    AFP News
  • US tells Beijing sea patrols will continue

    The US will continue naval patrols in the disputed South China Sea, Washington's National Security Adviser Susan Rice told Chinese representatives during a series of meetings in Beijing, a senior American official said Tuesday. Rice is among the highest-level US officials to visit China since an international tribunal this month rejected its vast territorial claims in the strategically vital region -- infuriating Beijing and fuelling tensions with Washington.

    AFP News
  • Car dealers offering buyers to bypass downpayment rule

    Car owners are required to make a 30 or 40 per cent downpayment when buying a car. Some car dealers may be flouting the law by offering buyers downpayment lower than the levels specified under the newly relaxed vehicle financing rules. A check by Yahoo Singapore on popular website sgcarmart revealed that there are dealers offering potential buyers minimum downpayment of 20 per cent or less.

    Safhras Khan
  • Shock as peaceful Japanese town wakes to 'unthinkable' disabled centre horror

    By Elaine Lies and Kwiyeon Ha SAGAMIHARA, Japan (Reuters) - Shock and bewilderment gripped neighbours of a disabled centre in a town near Tokyo on Tuesday after a man stabbed and killed 19 residents in their sleep and wounded dozens more in Japan's worst mass killing in decades. "This kind of thing doesn't happen in Japan. It's unthinkable it happened so close to me," said Masae Mizoguchi, a 78-year-old retiree who lives up the hill from the Tsukui Yamayuri En (Tsukui Lily Garden) facility.

    Reuters
  • IGP says have to probe latest conspiracy claim against govt

    KUALA LUMPUR, July 26 — The police are required to investigate the latest alleged plot to topple the Barisan Nasional (BN) government from within, Inspector-General of Police Tan Sri Khalid Abu...

    The Malay Mail Online
  • Rob Kardashian deletes all trace of fiancee Blac Chyna from social media

    Mystery surrounds Rob Kardashian's decision to unfollow his future wife, Blac Chyna, leading to speculation about the status of their relationship.

    Cover Media
  • U.S. tells China that anti-missile system not a threat

    South Korea's decision to deploy an advanced U.S. anti-missile defence system does not threaten China's security, a senior U.S. administration official said on Tuesday at the end of a visit to China by U.S. National Security Adviser Susan Rice. The announcement by South Korea and the United States this month that they would deploy a Terminal High Altitude Area Defence (THAAD) unit has already drawn protests from China that it would destabilise regional security.

    Reuters
  • Sara Duterte skips SONA due to health reasons

    Presidential daughter and Davao City Mayor Sara Duterte did not attend her father’s first State of the Nation Address yesterday as doctors advised her to take a rest shortly after she arrived in Manila yesterday morning. Davao City information officer Jefry Tupas said Sara wanted to be with the President during this historic event, and regrets not being able to do so. Sara was supposed to represent her mother Elizabeth Zimmerman and brothers Vice Mayor Paolo and Sebastian in the event.

    Philippine Star
  • Najib: Stop baseless accusations against Tabung Haji

    PETALING JAYA, July 26 ― Lembaga Tabung Haji (LTH) is the victim of false allegations that are harmful both to the fund and the Muslim pilgrims who are its contributors, said Prime Minister Datuk...

    The Malay Mail Online
  • What Verizon's acquisition means for Yahoo users

    If you have a Yahoo email account or regularly visit services like Yahoo Finance and Yahoo Sports, you might be wondering what will happen to the once-venerable brand once Verizon takes over. Neither company ...

    Associated Press
  • Priest's throat slit in France church attack: what we know so far

    An elderly priest had his throat slit in a church in northern France on Tuesday after two men stormed the building and took hostages. The attack in the Normandy town of Saint-Etienne-du-Rouvray came as France was still coming to terms with the massacre in the French Riviera city of Nice claimed by the Islamic State group. The victim was father Jacques Hamel, a semi-retired assistant parish priest, according to the archbishop of nearby Rouen Dominique Lebrun.

    AFP News
  • Vietnam warns South China Sea is a 'test' of ASEAN

    Vietnam has warned that the inability of Southeast Asian nations to forge a unified front against Beijing's militarisation of the South China Sea is a "test" of the regional bloc in the face of its greatest security challenge. The unusually strong comments from a key claimant to the contested waters, comes as diplomats meet in Laos for the first summit since a UN-backed tribunal debunked Beijing's legal claim to vast stretches of the strategically vital sea. After talks stuttered on Sunday, Vietnam's Ministry of Foreign Affairs issued a late night statement warning that the South China Sea had become "a test case for the unity and the central role of ASEAN".

    AFP News
  • Liverpool's Sakho sent home early from US tour

    France international defender Mamadou Sakho's future at Liverpool may be in doubt after he came home early from the club's tour of the United States on the orders of manager Jurgen Klopp. The 26-year-old, who missed the Europa League final as he was serving a doping suspension and was then omitted from France's Euro 2016 squad, is ostensibly returning for more treatment on a troublesome Achilles injury. In the video Sakho interrupts Klopp and asks: "How long do you think you can live here?" Klopp gives him short shrift.

    AFP News