Najib’s Trial Rejected, US-China Trade Deal Advances, Jetstar Asia to Shut Down

Malaysia’s courtroom drama continues, Beijing and Washington outline a fragile truce, and 500 workers face layoffs as Jetstar Asia folds.

🇲🇾 Malaysia

  • Former PM Najib Razak’s legal attempt to dismiss the SRC 2 charges was denied.
  • The prosecution seeks time to prepare for trial; a final decision is expected June 20.
  • Najib is serving time for the original SRC case; his lawyer wants a temporary discharge.

🌍 International

  • The US and China reached a tentative deal to ease trade tensions over rare earth exports.
  • The framework awaits approval from Presidents Trump and Xi.
  • Both sides accuse each other of non-tariff violations since the last truce.

🌏 Asia

  • Jetstar Asia will cease operations in July, cutting over 500 jobs and 16 routes.
  • Rising costs and regional airline competition triggered the shutdown.
  • Qantas Group says it will support staff with severance, bonuses, and job placement help.

 For more in-depth coverage, subscribe at agn.alps-holdings.com and stay updated with AGN.

Stay Ahead with ALPS Global News

Get the latest business and financial headlines — morning, afternoon, and evening.

RECENT POSTS

CATEGORIES