he called you malaysia's number one. after your alliance with one or brought him and the reports more that you made with him now is that for person on that reemergence of a coalition or friendship or partnership whatever it may be called is this a genuine attempt to rectify mistakes and maybe unify malaysia once again or is it as prime minister najib or former prime minister to play games and act to reinvent yourself and maybe lead you back to power where i know was eight of one of the major parties position and if we are going to overthrow ninety all the parties and in no position must form a coalition going on their own by themselves they will never be able to defeat him so you as he said they would form a coalition and whatever me be me have happened in the past that peace not as important as the attempt to with through an end because when one is than the east that it will for the country so i'm. and myself and many other this in the bus accused me of all kinds of. wrongdoing. and we decided that the boss he's a box n

following his twenty ten conviction malaysia's government banned wong and his wife . from holding business and wildlife trading permits. yet someone in government did knowingly sign off on new licenses are search of public records found that both anson and his wife have had several business permits renewed from the book it jumble reptile sanctuary. to errol flynn. to c.b.s. wildlife. posing as customers we visit the penang address listed for the company. there we find answers wife chair being she almost immediately she confirms she and her husband are still trading in one of the router wherever. there. are documents search also and covers another company grow no wildlife. it was formed after one's twenty ten conviction listed owner is a name we don't recognize. but trading permits show it exports the same animals as anson did to the same us customers he had before his arrest. i think the door might be open so. rose address is listed on the upper floor of a commercial strip in the name of somebody near shore. from the street we can make out aquariums and cages leading

of our exclusive interview with malaysia's prime minister marty mohamad on the stay with us. how the heat wave continues across west of your more hot sunshine humid conditions as well but we also got some rather lively showers in place you can see the still china storms just spilling out of the bay of biscay rolling across the far north as pain just extending into southern areas of france. pushing across the alps northern parts of italy seen some very lively shall was recently state of the type which is the very warm rain then temps getting up to twenty seven celsius and passion just about because life will pass bush by the north looking good once again for the tennis twenty eight celsius in london thirty degrees in madrid coming to a deposit feel a lot of dry weather here but i have it's was the far east of europe average that west is out of russia we've got some wet weather in the full cost over the next couple days and temperatures here into the low twenty's more big and foundry downpours and by the time we come to friday was to extend back down towards more than pasta the

hello and welcome to the program i'm peter dobby not cheap ransack was malaysia's prime minister until two months ago today he is a political out cost trying to avoid being sent to prison for a long time in the jeep's the first person to appear in court in connection with the one m.t.b. scandal and the disappearance of four billion dollars of taxpayers' money he's pleading not guilty we'll get to our guests in just a moment but first florence louis sets up a discussion. i. arrived at the falling of poor high court to want such charges of corruption at criminal to trust which carry a maximum twenty year prison sentence. outside his supporters mostly from the political party who once lived chanted three notches. in the book a month and he's the former prime minister and party leader who's done a lot for malaysians now that he's facing such trying times i've come here to lend my support to him and his family malaysia's former prime minister pleaded not guilty and off to be released on bail set the case against him is a political vendetta so you. know i expected this this is what the new g

at the center of another poisoning scare into two people or found in a critical condition nearby malaysia's former prime minister pleads not guilty to corruption charges connected to the disappearance of state money. welcome back it's time to look at weather conditions across the levant and western parts of asia in the east the region we have got some heavy showers still across parts of stan and extending into specky stan but i think for tashkent and our marty weather conditions shouldn't be too bad it's fine around the caspian sea is very warm in baghdad forty seven degrees other parts of iraq pushing the fifty degree mark once again it seems to be most summers now temperatures getting towards that fifty degree mark fine conditions around the eastern side of the mediterranean but we have got the risk of some showers across the caucuses during the course of friday afternoon here in the arabian pinchers all pretty static at the moment temperatures there in the mid forty's for medina on the other side pincher light winds are certainly some high humidity affecting doha some of forty three more

to that was the message from malaysia's new day. after his shocking victory over the ruling coalition in may. one thousand three next week is the world's oldest head of states he opposed the political forces he was once a part of the united. nation or i'm no witch of malaysia since its independence from britain in one nine hundred fifty seven. malaysia is a diverse nation with millions of muslims hindus buddhists living side by side the contrasting place where the old and new come together. many malaysians have been angry in recent years over governments corruption and the rising cost of living prime minister mahathir has accused his predecessor of stealing hundreds of millions of dollars and embezzling public funds. this week travels to the malaysian capital to sit down with the man fighting against corruption and for a more united malaysia prime minister mahathir mohamad talks to al-jazeera. thank you very much for talking to al-jazeera you're welcome. as prime minister in two thousand and three for more than two decades in the to

and what does this mean for the investment climate in malaysia.eel like they have renewed confidence in the country because of this new government, of course, with the former prime minister muhamed now in charge? all of these different prime ministers getting into it, i think this court case will signal that this court case will signal that this administration is serious about clamping down on corruption in the imdb case and very publicly, mahathir mohamad had campaigned on bringing back malaysia's reputation and did an interview with me he said thatis and did an interview with me he said that is why he was getting back into the thick of it. if you will. at the timei the thick of it. if you will. at the time i said to him many of the corruption issues that are endemic within malaysia's economy until today happened, flourished, during his time in office. he did not deny it, he acknowledged that corruption existed in malaysia even when he was in charge, at that it didn't exist at the scale that you have seen, or that he believes to have been evident

he called you malaysia's number one. after your alliance with one or brought him and the reports more that you made with him now is that for person on that reemergence of a coalition or friendship or partnership whatever it may be called is this a genuine attempt to rectify mistakes and maybe unify malaysia once again or is it as prime minister najib or former prime minister to play games and act to reinvent yourself and maybe lead you back to power where i know was eight of one of the major parties tyndall position and if we are going to overthrow ninety all the parties and in no position must form a coalition going on their own by themselves they will never be able to defeat him so he was headed that we form a coalition and whatever may be may have happened in the past that east not as important as the dam pool with through and because when one is than the east that it will for the country so i'm. and myself and many other this in the bus accused me of all kinds of. wrongdoing. and we decided that the boss he's a box n

malaysia hired a private company. they conducted 112,000 square kilometer search over 90 days using the advanced technology looking in areas by the best estimates of teams and scientists they thought would be and turned up nothing. we know 27 pieces of debris washed up in south africa and tanzania. three pieces have been confirmed to be from mh-370. still no fuselage and no answers as to where all of those people are resting and lying now. the anguish continues for the families more than 1,600 days later. >> will, thank you. >>> two americans among four cyclists killed sunday by hit-and-run driver in tajikistan. the identities of the victims have not been released. the embassy is working close with authorities with the ongoing investigation. the interior ministry sent a statement one suspect has been arrested and one has been eliminated. >>> the u.s. and taliban are talking according to the wall street journal. the two sides met face-to-face in qatar to lay the ground work for peace talks in afghanistan. the new york

following his twenty ten conviction malaysia's government banned wong and his wife . from holding business and wildlife trading permits. yet someone in government did knowingly sign off on new licenses are search of public records found that both anson and his wife have had several business permits renewed from the book it jumble reptile sanctuary. to errol flynn. to c.b.s. wildlife. posing as customers we visit the penang address listed for the company. where we find answers wife chair being she almost immediately she confirms she and her husband are still trading and. there. are documents search also in covers another company grown a wild ride. it was formed after one's twenty ten convictions listed owner is a name we don't recognize. but trading permits show it exports the same animals as anson did to the same us customers he had before his arrest. i think the door might be open so. rose address is listed on the upper floor of a commercial strip in the name of somebody near for sure. from the street we can make out aquariums and cages leading us to believe animals

following his twenty ten conviction malaysia's government banned wong and his wife . from holding business and wildlife trading permits. yet someone in government did knowingly sign off on new licenses are such a public record is found that both anson and his wife have had several business permits renewed from the book kid jumble reptile sanctuary. to errol flynn. to c.b.s. wildlife. posing as customers we visit the penang address listed for the company. where we find anson's wife chip being she almost immediately she confirms she and her husband are still trading for a router wherever. there. are documents search also in covers another company grow no wildlife. it was formed after one's twenty ten conviction listed owner is a name we don't recognize. but trading permits show it exports the same animals as anson did to the same us customers he had before his arrest. i think it dormant near open so. rose address is listed on the upper floor of a commercial strip in the name of somebody nearer shore. from the street we can make out aquariums and cages leading us to beli

following his twenty ten conviction malaysia's government banned wong and his wife . from holding business and wildlife trading permits. yet someone in government did knowingly sign off on new licenses are such a public record is found that both anson and his wife have had several business permits renewed from the book kid jumble reptile sanctuary. to errol flynn. to c.b.s. wildlife. posing as customers we visit the penang address listed for the company. there we find answers wife chair being she almost immediately she confirms she and her husband are still trading for a router. there. are documents search also and covers another company grow no wild ride. it was formed after one's twenty ten conviction listed owner is a name we don't recognize. but trading permits show it exports the same animals as anson did to the same us customers he had before his arrest. i think the door my dear friend so. rose address is listed on the upper floor of a commercial strip in the name of somebody nearer shore. from the street we can make out aquariums and cages leading us to believe

far as you're concerned what are the main threats to malaysia. number one cause he was involved in a lot of scandals including. accusation of he's stealing money from the government not small amount billions of ringgit and also there was evidence brought by american department of justice we can ignore all these things and say well this did not happen no one will believe that did happen so we must make sure that if there is any basis of what the position then he must brutal a court of law when he was prime minister he had many plead that. in the general he was he was sacked it was harder to believe investigator you far didn't investigate here even though i mean just before you were supposed to be for the task in a court of law against you was fired and new men at point then who cleared of any wrongdoing but nobody believes that he was free of wrongdoing now and they he not the prime minister and he cannot menu police. did it should he and the department. know must east cost us how how is it that he was allowed to manipulate the the system. how did

far as you're concerned what are the main threats to malaysia. number one cause he was evolved in a lot of scandals including. accusation of he's stealing money from the government not small amount billions of ringgit and also there was evidence brought by american department of justice we can ignore all these thing and say well this did not happen no one will believe that did happen so we must make sure that if there is any basis what their position then he must grow to a court of law when he was prime minister he had many plead that. at the new general he was he was sacked through hard work or do you believe investigator you far didn't investigate here even by just before you were supposed to be for the task. in a court of law against u.s. fire and new men their point then who cleared of any wrongdoing but nobody believes that he was free of wrongdoing now and there he is not the prime minister and he cannot menu plead. guilty sherry and the department. nor must the east costs how how is it that he was allowed to manipulate the system the how h

a lot happening in malaysia. hear charges from the 1mdb scandal and najib razak expected to face charges soon. >> we will be live out of kuala lumpur. he faces a legal battle, which could actually see him in jail just two months after elections. we are watching that as well. a few other things -- there is the china angle to this. when you look at the data that has come through, it has really been the worst set of data for the chinese mainland in two years. when you look at the surprise index on china, that is at its lowest level. we have a few guests coming on to talk about that. li cui is coming on from ccb to talk about that change in the data. one angle that has not been discussed is whether weak currency will become inflationary. that is another thing altogether. ramy: thanks very much david. we will be looking at what is happening with najib razak in malaysia. a quick look at how markets are trading right now. they are mixed. nikkei 225 down six terms of 1%. -- 6/10 of 1%. this is bloomberg. ♪ ♪ markets acro

malaysia's former prime minister najib arrested over the disappearance of billions of dollars from a state fund. can crunch talks in moscow help alleviate a mounting humanitarian crisis in southern syria. also germany's leda dodges a political bullet with a controversial migration deal with problems and yes behind. i'm joined again go with the sports belgian pull off a stunning comeback win over japan to reach the walls of finals of the world how having the best the action coming up in the news hour. now rescuers had a mission and possible but they have defied the odds to find twelve boys and football coach stuck inside a waterlogged cave in northern thailand however the hardest part may still lie ahead how to get them out now take a look that trapped him. now sheltering on a rock deep within the pitch black belly of the mountain and the passage ways leading to them are extremely narrow now flooding here is blocking them from returning this way towards where the team shoes and bags were found and down here is the entrance to the cave complex that's about four kilometers from where th

a real sense that malaysia's clamping down on chinese investments and we may see more of that in theeacting with alarm to the prospect of a us—china trade war. hong kong's hang seng and tokyo's nikkei have declined. indexes in shanghai, seoul and taipei have also registered losses. europe is looking better. markets are struggling for direction ahead of that crucial day in terms of tit—for—tat trade war with the us. global growth is under threat from a trade war between the world's top economies. that's the warning from the world trade organisation in a new report. it says that between the middle of october last year and the middle of may this year, g20 economies applied 39 new trade—restrictive measures — things like taxes on imports. that's twice as many as the previous year. the wto says the restrictions affected more than $74 billion of trade — one and a half times as much as the previous year. roberto azavedo — director general of the wto — spoke to the bbc‘s economics editor kamal ahmed about his concerns. the economic impact on the global economy will be one of compaction, or s

a hefty report released by the malaysia government.ake of them trying to be transparent and revealing the facts to this point. the facts contain no answers. no answers of why the plane went down. there are theories. they ruled out remote control. they think somebody steered the plane and doing the u-turn in the southern indian ocean. was it the pilot or first officers? did someone break in the cockpit? was this a sinister act? all questions that investigators simply don't have answers. they do know that there has been exhaustive search in the indian oceans. based on a team of researchers and scientists using the latest technology where searches have turned up nothing. a few pieces washed up on the african coast. 27 pieces of debris are liking to have washed up from tanzania and south africa. just three pieces of the wing have been confirmed to be from the plane. as of now, more than four years later, no answers for the families of the 239 people. 227 passengers and 12 crew members. 1,606 days waking up not knowing what happened. laura.

the deputy general was in malaysia yesterday.tioning, it was a ponzi scheme where about $7 over a. of about six years. so they're looking at how much was misappropriated. us more about the swiss connection here. had we follow the paper trail hear from malaysia all the way to switzerland? in terms of the biggest banks , they believe swiss banks for use as a conduit for some. the swiss are looking at at least six people there investigating for a connection. they've find a couple of banks for their roles. signaling that illegal transactions has taken place. yvonne: we've been talking about this for years, but what you think it's taken this long for the investigations to wrap up on the swiss side? what is at tate about the investigation? -- what does it say about the investigation? >> they're saying no funds were swissso that's why the had help from the previous administration terms of inventing the investigation, but they changed in may when the new government said yes, the money was missing, so they stepped up cooperation with the

chains, global supply chains malaysia will feel the heat.market is looking at 5.526% growth for best, malaysia will probably grow at a 5% rate. these are really challenging times. member that it suffers from a $215 billion deficit. much wider than initially thought. the embezzlement, the 1mdb scandal also remember, that it eradicated the gst, now implement of the sst, which would generate only have the amount of revenue that was generated by the gst. in terms of revenue base, it is much smaller, and that is proving to be very problematic for the government. ramy: thank you. bloomberg's chief southwest asia correspondent in kuala lumpur. much debated japanese casino licenses and the jackpot is for a bill that gets past. we take a look at the players and possible winners. this is bloomberg. ♪ ♪ ramy: welcome back, this is "bloomberg daybreak: asia," i am ramy inocencio in new york. haidi: gaining results are expected to clear the final hurdle in japan today with --let's head to tokyo now. the spill has been subject to some heated debate. -- th

as i'm speaking this is al jazeera live from doha also coming up malaysia's former prime minister najib razak is arrested over the disappearance of billions of dollars from a state fund. on a mission to save the nuclear deal iran's president tells europe he'll respect the agreement as long as they do. also germany's leader dodges a political bullet with the controversial migration deal but our problems aren't behind her yet. her rescuers had dubbed it mission impossible but they've defied the odds to find twelve boys and their football coach stuck inside a waterlogged cave in northern thailand but the hardest part may still a lie ahead how to get them out there trapped here sheltering on a rock deep within the pitch black belly of the mountain the passageways leading to them are extremely narrow flooding here is blocking them from returning this way towards where the team's shoes and banks were found. and down here is the entrance to the cave complex about four kilometers from where the boys are it was caught of course now from chiang rai just outside the caves. that have. at first glan

shipments we're told end up in his home country of malaysia where they are then sold on to buyers around the world. of india. cirrus a honda resort says she was once an unwitting participant in one's criminal dealings a student from madagascar desperate for money she says she agreed to meet him at this hotel. back in twenty ten sara says she and another woman were taken to a room and offered four hundred dollars each to carry shipments for wong to malaysia. the cases she says were packed without her involvement. started since july i only knew it was animals but i didn't ask the details as to which kind of animals were inside. while their first trip in two thousand and ten proved uneventful sarah says it was her second trip to malaysia a few weeks later that things went wrong. soon after touching down customs officials singled her out. by herself to the before we could take away the luggage it was picked by suspection and they saw it was not simple luggage but was full of enables. among the cash authorities found three hundred radiated tortoises and a number of ploughshare. sarah was conv

malaysia's former prime minister has been arrested by anti corruption agents. is expected to be charged on wednesday over his alleged involvement in the betterment and money laundering of the country's multi-billion dollar investment fund. thousands of people are protesting outside the supreme court in poland over a controversial new law that forces forty percent of the country's supreme court judges into early retirement critics say it reduces independence and the rule of law both key values of the e.u. bloc. there is at the protest in warsaw david how big a protest is this. as. well the dubbers several thousand here in warsaw around the steps of the supreme court and there are similar demonstrations in one hundred other cities and parts of poland so it's a big reaction to be broken for the coast guard. very much it's the older generation of people who know this experience the one party state of communism the lunacon of communism which ended in one thousand nine hundred nine and they fear very much that what is happening now under the law and justice party and

this is footage we got in just in the last few minutes from malaysia.ysia right now it is tomorrow. they're 12 hours ahead of east coast in the u.s. so this is wednesday morning. and this is the country's former prime minister arriving at a courthouse after spending a night in jail. that's him in the middle of that crush of people trying to make his way into the courtroom to be arraigned on the most serious corruption charges you can possibly imagine. malaysian prime minister was voted out of office just a few weeks ago when despite his best efforts to rig the election in his own favor he was defeated by an anti-corruption candidate who made the centerpiece of his campaign the fact that malaysia's prime minister is believed to be behind what might be one of the largest cash thefts in world history. the prime minister and his family are believed to have engineered the theft of many billions of dollars from the malaysian government, including hundreds of millions of dollars that he just stuck in his pocket, that he just piled up as cash in his own bank ac

the latest in malaysia. to recap the breaking news. hasrime minister has beengedib -- najib charged. this is part of the 1mdb investigations, breach of trust in the penal code. he has yet to enter his glee. we will bring you those details once we have them for you. i want to bring in our guest this hour. darsh sinha, merrill lynch asia pacific limited, co-head:asia fx & rates strategy. >> i think people are looking forward rather than backwards. the ring it has depreciated. with themore to do backdrop and what is happening domestically in terms of slippage and concerns around that going into 2019. haidi: is this investigation and they wanting for the new government to make good on its campaign promises for a fresh start. thehis a net positive for ringgit, even though you have the rest of what the emerging-market complex is suffering right now? >> the more important long-term factor for the ringgit is whether the government can deliver on structural reform that offsets concessions on the fiscal side. the political noise, yes, the govern

was the name of malaysia's state or sovereign wealth fund it was meant to transform malaysia's economy through strategic investments of taxpayers' money but the one m.t.b. fun proved better a borrowing money and in early twenty fifteen it missed payments for some of the eleven billion dollars it owed to banks and bond holders and that raised global alarm bells u.s. investigators allege billions were stolen and laundered via shell companies in a bizarre twist some of the missing money was even allegedly used to fund a hollywood movie the wolf of wall street at least six countries are currently investigating the one m. d. be fun fraud billions of dollars are still missing and this week u.s. authorities ordered one of the world's biggest mining and commodities trading companies to hand over documents relating to a money laundering probe the court order is over glenn cause business dealings in nigeria democratic republic of congo and venezuela the group produces or oil and coal in nigeria in congo it operates mines for copper and cobalt glencore said it is reviewing the subpoena. well as t

violations are committed by these forces in yemen so it is time to end their brothers and yemen malaysia's former prime minister najib razak has pleaded not guilty to corruption charges over the disappearance of billions of dollars from a state fund while he was in office nigeria's facing three counts of criminal breach of trust and one of using his position for gains he was arrested on tuesday and was earlier granted bail he denies the charges saying the legal action against him is politically motivated. joins us live now from. florence we've heard from nigel brezec for the first time now since that arrest and he is. again been saying what he said before that he he is in the he is not guilty of any of this way where do things stand now where does it go from here. on at the moment as you mentioned he's pleaded not guilty so what's going to happen next is that will be a tall. dates have been thoughtful potentially some time some time next year there will be a date before that in august where the both sides both parties defense counsel and the prosecutor. will come forward for a mention that

was the name of malaysia's state or sovereign wealth fund it was meant to transform malaysia's economy through strategic investments of taxpayers' money but the one m. d. be fun proved better a borrowing money and in early twenty fifteen it missed payments for some of the eleven billion dollars it owed to banks and bond holders and that raised global alarm bells u.s. investigators allege billions were stolen and laundered via shell companies in a bizarre twist some of the missing money was even allegedly used to fund a hollywood movie the wolf of wall street at least six countries are currently investigating the one m. d. be fun fraud billions of dollars are still missing and this week u.s. authorities ordered one of the world's biggest mining and commodities trading companies to hand over documents relating to a money laundering probe the court order is over glenn cause business dealings in nigeria democratic republic of congo and venezuela the group produces or oil and coal in nigeria in congo it operates mines for copper and cobalt glencore said it is reviewing the subpoena. well as

for malaysia.y. it is amind of course challenging time. we have $250 billion in deficit for the government. it is greatly in debt. it has to rein in spending. ,t has wiped out the gst replaced it with the sales and services tax, which will generate only half of what the gst generated. it is clear when it comes to spending on infrastructure and it is a difficult environment and the market will have to taper expectations of growth for the country. take a listen to what the minister had to say. >> i would say 5%. i would not want to be too ambitious, because of the trade war. we see around 5%. it is something we think can be achieved. there you have it, rish, a challenging time for the country. rishaad: thank you so much. our chief southeast asia andespondent haslinda amin kuala lumpur. some stories trending across the universe on bloomberg.com. is concernedn about cyberattacks on the upcoming midterm elections. aflutterictoc, twitter toh tourists and trying attract a new travel to boost its profile.

was the name of malaysia's state or sovereign wealth fund it was meant to transform malaysia's economy through strategic investments of taxpayers' money but the one m. d. b. fun proved better a borrowing money and in early twenty fifteen it missed payments for some of the eleven billion dollars it owed to banks and bond holders and that raised global alarm bells u.s. investigators allege billions were stolen and laundered via shell companies in a bizarre twist some of the missing money was even allegedly used to fund a hollywood movie the wolf of wall street at least six countries are currently investigating the one n.d.b. fund fraud billions of dollars are still missing. and this week u.s. authorities ordered one of the world's biggest mining and commodities trading companies to hand over documents relating to a money laundering probe the court order is over glen cause business dealings in nigeria democratic republic of congo and venezuela the group produces or oil and coal in nigeria in congo it operates mines for copper and cobalt glencore said it is reviewing the subpoena or as the

the chief of malaysia's civil aviation authority has resigned after an investigation showed lapses by air traffic controllers during the disappearance of malaysia airlines flight m h three seventy an independent report on monday said the controllers failed to initiate emergency procedures when the flight vanished from radar this place the boeing triple seven disappeared in two thousand and fourteen while flying to beijing with two hundred thirty nine thousand people on board investigators say someone may have deliberately taken it off because they were unable to determine who. british humanitarian groups are being accused of ignoring years of sexual abuse allegations against their staff that's the conclusion of a parliamentary report into the sector recently the u.k. based aid group oxfam source several resignations after a scandal involving its staff in haiti that in barber has more. earlier this year the charity oxfam was rocked by an abuse scandal its deputy chief executive in britain resigned that was after all found was accused of covering up allegations that staff used sex worke

was the name of malaysia's state or sovereign wealth fund it was meant to transform malaysia's economy through strategic investments of taxpayers' money but the one ended.

malaysia's prime minister najib razak is arrested over billions of dollars that went missing from a state fund. and nation turns to anxiety as its rebuilding young time football team found deep inside a mountain maybe trapped there for months. and i'm tatiana with all of the sports including belgium pull off a stunning comeback win over japan to reach the quarterfinals at the world cup that and a lot more later the. united nations has called on jordan to open its border to an estimated forty thousand syrians two hundred seventy thousand been forced from their homes by the russian backed government offensive to recapture the south western province from the rebels jordan's foreign minister is heading to moscow in an effort to reach a cease fire. is in beirut with more. united nations is appealing to jordan and neighboring countries to give. access to safety in other words telling insured and israel to open their borders to two hundred seventy thousand people that according to the united nations have been uprooted from their homes in the past two weeks during the syrian government's the mili

the new government here in the malaysia has been in malaysia has been saying for several weeks that itso his arrest hardly comes as a surprise. but when news started to filter out, there was some shock in malaysia. people expressed their support but a number are angry and their supporters, mr najib supporters have come here to the agency today to express their support for mr najib. never before has malaysia seen such a large financial scandal. never before has it arrested a former prime minister. bbcbusiness tweet. "mining giant glencore faces money laundering probe". it's an investigation by the us authorities. there's been a big reaction in its share price here in london. at one point it was down about 12% but later recovered some of those losses. glencore says it's reviewing the subpoena and will provide further information in due course as appropriate. paul blake is in new york when that what is being asked? let me explain. having documented a particular case, the company received a subpoena from the us department ofjustice, received a subpoena from the us department of justice, wo

malaysia's former prime minister najib razak is arrested over billions of dollars that went missing from a state fund. has i'm sick of this is al jazeera live from doha also coming up elation in thailand as a group of missing teens are found alive deep underground but rescuing them will take time. a compromise saves german chancellor angela merkel's government but the agreement remains fragile. the united nations appeals to jordan to open its borders to the thousands of people fleeing violence in southern syria. alone we begin with breaking news out of malaysia where former prime minister najib razak has been arrested by anti corruption investigators he was being investigated over allegations he stole billions of dollars worth of state funds have a live update in just a moment but first david go paula reports from kuala lumpur. it's the culmination of weeks of investigation into malaysia's former prime minister and the malaysians watched in fascination as police conducted raids on properties linked in the. falling out with they said with millions of dollars in cash boxes of luxury handba

was the name of malaysia's state or sovereign wealth fund it was meant to transform malaysia's economy through strategic investments of taxpayers' money but the one m. d. be fun proved better a borrowing money and in early twenty fifteen it missed payments for some of the eleven billion dollars it owed to banks and bondholders and the.

slightly more still ahead on the news hour including highlights of our interview with malaysia's prime minister talking about corruption and what he wants for his country. you turn why facebook is now decided that it's published it's a publisher rather than just a platform plus i'm andy richardson of the world cup in russia finding out why so many chinese fans are here even though their team failed to qualify. rescuers in northern thailand are in a race against time to pump water out of a cave where a football team has been trapped now for twelve days heavy rains forecast for the weekend could mean the twelve boys and their coach will have to dive into the water using scuba gear and make their way out but they'll need basic training as none of them can swim time navy seals are using a chamber around seven hundred meters into the cave complex as a base for the rescue operation. live now to scoff at the rescue sign scott that this story has the world on the edge of it see how any closer to seeing those boys out. right now as you mentioned those monsoon rains are supposed to start again o

was the name of malaysia's state or sovereign wealth fund it was meant to transform malaysia's economy through strategic investments of taxpayers' money but the one n.d.b. fun proved better a borrowing money and in early twenty fifteen it missed payments for some of the eleven billion dollars it owed to banks and bond holders and that raised global alarm bells u.s. investigators allege billions were stolen and laundered via shell companies in a bizarre twist some of the missing money was even allegedly used to fund a hollywood movie the wolf of wall street at least six countries are currently investigating the one n.d.b. fun fraud billions of dollars are still missing. and this week u.s. authorities ordered one of the world's biggest mining and commodities trading companies to hand over documents relating to a money laundering probe the court order is over glen cause business dealings in nigeria democratic republic of congo and venezuela the group produces or oil and coal in nigeria in congo it operates mines for copper and cobalt glencore said it is reviewing the subpoena or as the u.

malaysia's former prime minister najib razak has been arrested by anti-corruption investigators that is accused of pocketing seven hundred million dollars from the state development fund has been under investigation says the election loss in may as a sea voyage is expected to be charged on wednesday he denies any wrongdoing to pick up paula reports from kuala lumpur. it's the culmination of weeks of investigation into malaysia's former prime minister and the malaysians watched in fascination as police conducted raids on properties linked in a. falling out with they said with millions of dollars in cash boxes of luxury handbags high end watches and jewelry it was all mounting evidence of what could be one of the country's biggest corruption scandals because when you look at the structure order complicated and complex transactions across so many countries it would seem to be like. to actually siphon no money from from the government fund funding really goes he saw if you can put it in a one with a smaller scale in. the case focuses on how ten point six million dollars from estate inves

malaysia's former prime minister has been arrested by anti corruption agents. is expected to be charged on wednesday over his alleged involvement in present and money laundering of the country's multi-billion dollar investment fund. teachers in the united states are fighting for a better pay conditions and funding. this week to discuss a spending crisis many think is impacting the nation's children organizers are considering their next moves ahead of mid-term elections in november john hendren reports now from minneapolis. the largest teachers' union in the united states is talking love and revolution a while i know i call it a trend hopefully it will continue become a revolution we've seen really two decades of cuts the public education and not for the betterment of our students. it began in west virginia arizona and colorado teacher protests across the united states seeking better pay conditions in funding for children's education. factor ah many u.s. public school teachers say they now cope with more than ever buying supplies out of their own pockets feeding

so how have people in malaysia been reacting to this?y across social media, in person, even across the campaign trail across the country, when i was covering the historic elections recently, find that the prime minister, the former prime minister, najib razak, was so disconnected from what many of them feel was their reality, and also making all sorts of statements which didn't connect with the reality on the ground. and i think this reallyjust nearly adds more outrage for them. right, so, in terms of outrage for them, we are going to have a judicial process next. do you expect this to be a fair trial? what can we expect to see in the next few weeks? if we were to take the new government of mohatir version two seriously, we are to be observing the rule of law, as opposed to rule by law, looking for the judiciary to show its independence, and i think to assume that the new government prosecution on this case will have it fairly watertight, and perhaps that's why they are going after imdb subsidiaries like src, somewhat ambitious, but cert

says the pilots and first officers were well rested and shown no evidence of anxiety or stress in malaysia airlines plane carrying two hundred thirty nine people disappeared over the indian ocean back in twenty forty some wreckage has been located but where the plane came down is still unclear. cambodia's ruling party has claimed it has won all the seats in the parliamentary election that took place on sunday now if true and the official results won't be declared until august eleventh cambodia would become a one party state under its veteran leader who are insane. it was a wonderful victory that the both of you take up your kind of mind with the detention of actually. a gushing reception for prime minister has been sent back at work today after what his party claimed was a landslide victory after thirty three years in power he was confirmed in office again after a relentless crackdown on opposition preliminary election results show the incense party taking at least seventy percent of the vote in exile in indonesia the leadership of the main opposition party had a different story to tell pl

next, we talked about malaysia already.ader impact of trade tensions across the asia-pacific. this is bloomberg. ♪ we are back. here is a look at what is going on with cobia. -- with korea. why are we looking at korea? david: when you think trade, you think korea. maybe you think taiwan. autos, youors and put those together and you take that is the percentage of the south korea,s of about a third and it has risen exponentially. trinh, you talk about the reliance of these two industries. should i be worried? like you should be worried about korea and corporate earnings. export share is at 38%. china is the biggest destination for korea. upon close analysis, there are three reasons you shouldn't worry about korea and corporate's in the crosshairs of a trade war. rporates are preeminently diversifying investments. they need to diversified from the risk of china due to geopolitical tensions, slowing growth in china, and too much concentrated risk. korean investment into the united states was $15 billion in 2017. investment in c

malaysia's former prime minister national brands i guess to appear in court in the coming hours over corruption allegations. and in sports in england to make their own world cup history as they progress to the quarterfinals where sweden lie in wait. concerns growing over the human cost of the syrian government's offensive against rebels in the southern province of dead three hundred and thirty thousand people have been forced from their homes since the assault began two weeks ago many are flocking to syria's border with jordan but once they get there there's nowhere to go jordan is refusing to open its border despite a plea from the u.n. jordan argues that it's already hosting some six hundred seventy thousand refugees and its fragile economy constipated anymore it is however supplying aid and trying to broker a cease fire in the u.s. it says it's discussed a ceasefire with the russians who are backing the government offensive. and now as we watch the situation there we have extreme concerns about the situation there are ongoing airstrikes some humanitarian aid had been stopped we un

but now, let's take you to malaysia next.nister najib razak has been charged with breach of trust. he arrived at a kuala lumpur courthouse a few hours ago, after spending the night in a detention centre following his arrest on tuesday on corruption charges. let's go to our asia business correspondent karishma vaswani, who is following the story for us. a massive fall from grace. indeed, andi a massive fall from grace. indeed, and i think this is really underlines the current administration's focus on clamping down on corruption in malaysia. now, it has to be said that at this point, what we do understand is that the former prime minister najib razak has been charged with three cou nts razak has been charged with three counts of criminal breach of trust and one count, we understand, of abuse of power. all of this relating to the subsidiarity, a unit of the state—run investment fund, imdb, which he remembered it set up, ostensibly to develop the malaysian economy in particular, to develop kuala lumpur, the malysian capital, int

so you look now at some of the other stories making news around the world today malaysia's government says it cannot determine with any certainty why flight m h three seventy mysteriously disappeared its official reports say the pilot and first officer were well rested and showed no evidence say of anxiety or stress the malaysia airlines plane carrying two hundred thirty nine people disappeared over the indian ocean in two thousand and fourteen some wreckage has been located but where the plane came down is still unclear. india has effectively stripped sedition ship from four million people in the rural eastern state of us officials say they will be given another chance to produce documents proving their citizenship but if they cannot they could face deportation india claims it wants to root out the illegal migrants from neighboring bangladesh but critics say the list is an excuse to target muslim population. in the party of cambodian prime minister hun sen says it has won a landslide victory in disputed elections it claims to have won all the seats in parliament official results will

the investigation into malaysia's one m.t.v. corruption scandal set up by the cheap successor as in gulf ten since his defeat in may's elections. sweden have booked their place in the world cup quarter finals after beating switzerland one nil incent petersburg they'll play think of tonight's battle between colombia and it will do sports all of a moody joins us from russia to talk us through their welcome so sweden been something of a surprise in this tournament how do they look against switzerland. well we've had some classic knockout games at this world cup already felt this was not one of them that sweden care about that they did what they've done all tournament and it worked for them again they stayed organized they were difficult to break down they didn't give up many chances to the swiss and just like in the group stages come up trumps for them when you do the basics like that right and you have a player like forsberg in attack you always have a chance as well he is a little magician in attack so it wasn't the prettiest goa

air traffic control it found controllers failed to put emergency procedures into action when the malaysia airlines plane vanished from the radar but investigators say they still don't know why the flight disappeared back in two thousand and fourteen with hundreds onboard. well turning now to or northern iraq which was liberated nearly three years ago from the so-called islamic state one has slipped through the region i asked targeted minorities like the cds who don't follow the islamic faith militants killed kidnapped and slave thousands of years edis and even now the group is still recovering from the genocide we're turning and starting afresh is a mammoth task very few people have tried to start a new life in the region and its capital singe are or single as it is known in kurdish begin to show car travel there and brings us this exclusive report. she knows the capital of the years he dislikes in ruins devastated by invasion and the fight for liberation most people fled when so-called islamic state took the city and killed an enslaved thousands now that the islamists have been expelled