Malaysia's 1Malaysia Development Berhad (1MDB) confirmed that their investment funds had defaulted on US $ 1.75 billion bond. Because of that, 1MDB's failure to pay the interest due last Monday arose a dispute with the International Petroleum Investment Company (IPIC), which guaranteed two US $ 1.75 billion funds.
The pledged voters of Maryland are now caught in a crossfire of selecting for their senate. The retiring Sen. Barbara Mikulski has some pretty big shoes to fill as both candidates may just be equally deserving for the spot.
The U.S. government has ended its investigation against Honda Motor Co. Ltd.'s failure to report death and injury claims. This is because the Japanese auto maker company has succeeded on submitting all the required documents to close the case. The company now targets to sell 1.07 million vehicles to China.