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GEORGE TOWN: Gold and silver bars and joss paper bouquets are among the most sought-after Qing Ming paraphernalia this year as families honour their loved ones who passed away.
Indonesia has boosted its push toward downstreaming the mining sector with the opening of PT Freeport Indonesia's (PTFI) new precious metal refinery, but analysts suggest more needs to be done to maximise the benefits and secure the industry's ecosystem.
HONG KONG: Hong Kong customs have uncovered the largest gold bullion-smuggling case ever recorded by the department, after officers found HK$46 million (US$5.9 million) worth of the precious metal in an air cargo shipment bound for Japan.
KUALA LUMPUR: Umno has no connection with the ongoing investigation by the Malaysian Anti-Corruption Commission (MACC) concerning the discovery of large sums of cash and gold bars at an individual's home, says Datuk Dr Asyraf Wajdi Dusuki.
PETALING JAYA: A staggering RM170mil in foreign currencies and 16kg of pure gold bars worth nearly RM7mil have been seized in a high-profile corruption and money laundering probe involving Datuk Seri Ismail Sabri Yaakob.
NEW DELHI: In the biggest gold seizure in Madhya Pradesh so far, teams from the Income Tax (IT) Department and Bhopal Police confiscated 54 kg of gold bars worth around Rs 41 crore, and Rs 10 crore in cash from an abandoned Innova car parked inside a farmhouse in Mendori village in the Ratibad area on the outskirts of Bhopal in Madhya Pradesh.
FOR the first time ever, a bar of gold is worth a cool one million dollars.
KUALA LUMPUR: A gang of thieves stole a gold bar ATM from a supermarket in Ampang Jaya, only to find that it had been emptied beforehand.
KUALA LUMPUR: A policeman pleaded not guilty at the Sessions Court here Tuesday to a charge of gang-robbing a Bangladeshi man last month.
BANGKOK: The Supreme Court has upheld lower courts’ rulings and ordered the seizure of gold bars worth 871.5 million baht owned by a former Revenue Department chief.
SINGAPORE: Two more men who were allegedly linked to a scam involving fake gold bars were each handed a cheating charge on July 17.
China’s domestic gold production in 2024 exceeded 377.24 tonnes, up by 2.087 tonnes from 2023, reflecting a year-on-year increase of 0.56%, according to the latest data from the China Gold Association.
SEOUL: Gold bars found at a recycling site in Seoul have been safely returned to their owner, according to a local news report.
HANOI: Vietcombank has launched an online service for customers to register to purchase SJC gold bars directly on its website – and gold will only be sold to those who register online.
Nearly 700 high-income tax evaders have been uncovered in South Korea, with one of them found hiding millions of won in kimchi containers and another driving a Rolls-Royce while dodging taxes.
SEOUL: Nearly 700 high-income tax evaders have been uncovered in South Korea, with one of them found hiding millions of won in kimchi containers and another driving a Rolls-Royce while dodging taxes.
BANGKOK: A burglar hid in a Chiang Mai mall to rob a gold shop but trapped himself inside.
PHNOM PENH: Cambodia has produced nearly 13 tonnes of dore bars with 90 per cent pure gold solution since commercial mining started in June 2021, a senior official said here on Wednesday (Nov 6).
HANOI: The domestic gold market shone last week, with prices for gold rings breaking records and even surpassing the buying price of SJC gold bars.
PETALING JAYA: Four men have been charged with robbing a company of gold bars worth RM5.9mil last month.
