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Regulator opens triple probe into Prax Group’s oil audits

The audit watchdog has launched three separate investigations into the auditing of the collapsed UK energy challenger Prax Group. The Financial Reporting Council (FRC) opened probes into the financial oversight and audit of Prax’s parent company, State Oil, and will also examine Big Four KPMG’s audit of the fiscal years ended 28 February…

Unemployment rate unchanged at 3pct in July - DOSM

PUTRAJAYA: Malaysia’s unemployment rate remained at 3.0 per cent in July 2026, unchanged from the previous month, with 520,300 people recorded as unemployed, according to the latest Labour Force Statistics released by the Statistics Department (DOSM).

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