EVENING 5: BNM enhances RM1bil affordable homes fund

Bank Negara raises the income and  property price ceilings for first-time home buyers under the RM1bil affordable home fund; MACC unfreezes all bank accounts belonging to ex-1MDB head honcho Arul Kanda Kandasamy; and AirAsia X is expected to report “a big loss” when it announces its 2Q results tomorrow.