EVENING 5: Five things you need to know today

EVENING 5: 1MDB director had ties to Jho Low’s family> by theedgetv

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

1. A 1MDB director managed to evade background checks that would have revealed his ties to Jho Low’s father because he was appointed by Datuk Seri Najib Razak.

2. Telekom Malaysia saw its net profit halve in 1Q, shrinking to RM152.5mil as revenue tumbled.

3. Petronas Chemicals and Petronas Gas both reported weaker 1Q earnings today.

4. The Securities Commission says eToro is not licensed or registered to carry out any regulated activities in Malaysia.

5. April inflation, as measured by the consumer price index, records the sharpest year-on-year fall since 2010.