Web Stories Monday, December 23

KUALA LUMPUR: Scandal-hit Malaysian state fund 1Malaysia Development Berhad has filed a legal claim against corporate services provider Amicorp Group and its CEO alleging it facilitated over US$7 billion in fraudulent transactions, 1MDB said on Monday.  The claim was filed in the British Virgin Islands against eight Amicorp entities and its Chief Executive Officer Toine Knipping, alleging that they played a vital role in enabling the sovereign wealth fund to be defrauded between 2009 and…

Singapore

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Over 100 Singapore civil servants received extortionary emails in November with screenshots of “compromising” videos, but the images were deepfakes. While public figures are prime targets for such blackmail attempts, ordinary people are also at risk, says RSIS’ Dymples Leong. Read the commentary: https://cna.asia/4g2v4Ki

An Israeli foreign ministry spokesman described Francis’s intervention as “particularly disappointing as they are disconnected from the true and factual context of Israel’s fight against terrorism – a multi-front war that was forced upon it starting on October 7”. “Enough with the double standards and the singling out of the Jewish state and its…

Business

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SYDNEY : Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further policy easing next year, while there was relief that Washington had averted a government shutdown.After the bonanza of recent central bank decisions, this week is much quieter with only the minutes…

Lifestyle

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Street theft isn’t petty to a victim. Having your pocket picked or bags stolen can ruin your trip and your finances. The best ways to avoid street crime is to maintain awareness, travel asset-light and understand where it tends to happen (be sure to read the destination’s State Department profile).…