EVENING 5: Five things you need to know today

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Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Against expectations, Bank Negara Malaysia cut its overnight policy rate to 2.75%, calling it a pre-emptive measure.  

2. Digi.Com Bhd saw ita 9.2% drop in fourth quarter net profit, but continues to hold fast to its strategy. 

3. Datuk Seri Najib Razak denied that the donation letters from Arab royalty were fake, and that he strong-armed KWAP into expediting a loan to SRC International Sdn Bhd. 

4. ATTA Global Group Bhd confirmed that its Penang premises had been raided in a drug related probe. 

5. Powerwell Holdings Bhd saw its share price jump on its debut in Bursa Malaysia’s ACE Market.