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. Bank Negara Malaysia cuts its overnight policy rate to 2%, a level last seen during the 2008/9 Global Financial Crisis. 

2. Despite a tough quarter, Nestle (M) Bhd says it will continue to invest for the long term. 

3. Umno president Datuk Seri Dr Ahmad Zahid Hamidi’s daughter and her spouse are fined RM800 each for violating the Movement Control Order.

4. Ageson Bhd jumps 12.5% in heavy trading after its big contract win. 

5. Urusharta Jamaah ceases to be a substantial shareholder in Uzma Bhd.