In SRC’s US$1.1b suit against Najib, ex-director says former PM blaming him and board for RM3.6b loss is an ‘afterthought’
London’s FTSE 100 index forged an all-time peak at 8,364.04 points on the eve of a monetary policy decision from the Bank of England, which is forecast to hold rates but could flag a summer reduction. The US Federal Reserve, however, is not expected to cut rates before September as inflation remains stubbornly high in the world’s biggest economy.A handful of prominent earnings reports have commanded focus in New York in a week with few major economic reports following last week’s heavy calendar that included April jobs data and a Federal Reserve decision.
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