Stock markets have retreated again over worries of further US interest rate rises after the Federal Reserve defied Donald Trump to increase rates for the fourth time this year.

The EU has confirmed it is “actively investigating” a potential breach of its diplomatic communications network, following reports that secret cables had been stolen by hackers.

The Bank of England has welcomed a “crucial and positive” move by the EU to help keep a key part of the financial system functioning in the event of a “no-deal” Brexit.

A handful of banks will be forced to write multimillion pound cheques to buy shares in the construction giant Kier Group after some of its biggest investors snubbed the chance to take part in a £250m fundraising.

GlaxoSmithKline (GSK) is to merge its consumer healthcare unit with that of rival Pfizer, to create a new market leader with almost £10bn in annual sales.


Santander has been fined more than £30m for “serious failings” in processing the accounts of dead customers, the Financial Conduct Authority (FCA) says.


Malaysia education ministry denies desire to include 1MDB in history syllabus

Malaysia- education- GBO

The ministry has denied there were ever plans to include the infamous 1MDB scandal in the history syllabus for students nationwide, just a day after the education minister stated it would

The education minister, Maszlee Malik’s press secretary stated that reports on his comments were “inaccurate”, and explained that he was only referring to the issue being included in Malaysian history.

“When he was replying to a supplementary question by Pontian MP, Maszlee only said the 1MDB issue will be included in Malaysian history,” said the statement. 

“Whether or not it (1MDB) will be included into the syllabus is up to the curriculum research committee from the Education Ministry.” The statement added.

Dr Maszlee was quoted by various local media saying: “I can assure you that the 1MDB scandal will be included in our history lesson so that no one will repeat it in the future.”

His comments came under heavy criticism, with some netizens saying that the minister should not drag politics into the education system. 

Former prime minister Najib Razak, who faces multiple charges linked to 1MDB, stated on Tuesday: “There is a time and place for politics, and it is not in the schools.”

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