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  • Malaysia politics

    Najib chides Mahathir

    KUALA LUMPUR -- Prime Minister Najib Razak has told his longest-serving predecessor, Mahathir Mohamad, that he is no longer in charge and should not be criticizing the government of the day. In a spontaneous response to a moderator's comment at

    September 3, 2015 08:00 pm JST
  • Asia shares stage patchy recovery but volatility seen staying high

    TOKYO (Reuters) -- Asian shares struggled to recover on Thursday with volatility remaining high, while emerging economy and commodity-linked currencies softened as investors worried about the global repercussions of slower growth in China. Japan

    September 3, 2015 03:52 pm JST
  • Maybank

    Malaysia's largest lender gearing up for nearby markets

    SINGAPORE -- An economic slump in Malaysia has darkened the outlook for the country's largest financial services provider Malayan Banking, better known as Maybank. Founded in 1960, Southeast Asia's fourth-largest bank is seeking a new revenue so

    September 3, 2015 01:00 pm JST
  • Regional views canvassed

    Japan tops Pew survey among Asians

    TOKYO -- Japan is judged the most favorable country in Asia among regional neighbors, but the people of the Asia-Pacific region held views of China that are "far more positive than the perception held by Americans." Those were the findings of a surv

    September 3, 2015 11:30 am JST
  • Malaysia politics

    Mahathir to be quizzed over incendiary comments

    KUALA LUMPUR -- Former Prime Minister Mahathir Mohamad is to be questioned over his participation in an anti-government rally over the weekend, according to Malaysia's chief of police. Police Inspector-General Khalid Abu Bakar said Mahathir woul

    September 3, 2015 12:00 am JST
  • Corporate India turns hopeful gaze to ASEAN

    MUMBAI -- As Indian Prime Minister Narendra Modi looks to increase engagement with the Association of Southeast Asian Nations, Indian companies, too, are realigning their strategies to tap the region's potential. And with the 10-member bloc moving t

    September 3, 2015 12:00 am JST
  • Malaysia's defiant PM scoffs at calls for ouster

    KUALA LUMPUR -- Malaysian Prime Minister Najib Razak's grip on power appears solid -- for now, anyway -- despite two days of massive street protests calling for his removal. The embattled leader described the Aug. 29 and 30 demonstrations, which

    September 3, 2015 12:00 am JST
  • Upsurge in piracy roils Southeast Asian waters

    JAKARTA -- These days, the word "piracy" usually brings to mind illegally copying music, movies or software. But in the waters of Southeast Asia, mainly off Indonesia and Malaysia, the traditional meaning prevails, with boatloads of armed men stormi

    September 3, 2015 12:00 am JST
  • Weak currencies sap Malaysian, Indonesian earnings

    JAKARTA/KUALA LUMPUR -- Indonesian and Malaysian companies are scrambling to protect their earnings against plunges in their local currencies, which are causing their U.S. dollar-denominated debt to balloon. Executives at Axiata Group, a Malaysi

    September 3, 2015 12:00 am JST
  • To raise or not to raise? No direction out of Jackson Hole

    JACKSON HOLE, Wyoming -- In a speech that attracted the attention of market participants around the globe, Federal Reserve Vice Chairman Stanley Fischer left the door open for a rate rise as soon as September, even as market turbulence cast a cloud

    September 3, 2015 12:00 am JST
  • Nicholas Spiro: China the real worry for emerging market investors

    Investor sentiment toward emerging markets remains bleak. Emerging market stocks have lost 10% in dollar terms in August, resulting in a 20% decline over the past three months. In the period between Aug. 19 and 26, emerging market bond funds suf

    September 3, 2015 12:00 am JST
  • Asian investment

    Chinese, Malaysians buying up Singapore properties

    SINGAPORE -- More Chinese and Malaysians are buying Singapore properties due to economic and political uncertainty at home, according to a recent report by DTZ, a real estate services company. Almost 60% of foreign purchases were made by mainlan

    September 2, 2015 11:45 pm JST
  • Dollar debts a worry

    Weak currencies sap Malaysian, Indonesian earnings

    JAKARTA/KUALA LUMPUR -- Indonesian and Malaysian companies are scrambling to protect their earnings against plunges in their local currencies, which are causing their U.S. dollar-denominated debt to balloon. Executives at Axiata Group, a Malaysi

    September 2, 2015 01:00 pm JST
  • Top Glove, Hartalega Holdings

    Rubber glove makers upbeat on weaker ringgit, automation

    KUALA LUMPUR -- Hartalega Holdings and Top Glove Corp., the two Malaysian rubber glove makers, are reaping the benefits of adopting new technologies and the ringgit's slide against the dollar. The companies, who are both global leaders in their

    September 2, 2015 02:50 am JST
  • George Magnus

    Another Asia crisis is not inevitable -- but don't rule it out

    Financial instability in Asia and elsewhere has been attributed, partly, to China following the mishandling of a mini-devaluation of the yuan in early August and a failed attempt to prop up the flailing equity market. Yet the prevalent thinking now

    September 1, 2015 08:50 pm JST
  • Signs of pullback growing

    Spiking gold to oil ratio points to trouble for world economy

    TOKYO -- The world economy is showing signs of stress, as reflected in turbulent global stock markets. Investors and policymakers are on guard, with the outlook China and other emerging economies particularly grim. One closely watched commodity

    September 1, 2015 02:15 pm JST
  • Nikkei PMI

    Malaysia's factory activity drops to 34-month low at 47.2 in August

    TOKYO -- The Nikkei Malaysia Manufacturing Purchasing Managers' Index, or PMI, further contracted to 47.2 in August from 47.7 in July. The reading was at its weakest in nearly three years. A reading above 50 indicates economic expansion, while

    September 1, 2015 11:15 am JST
  • Nariman Behravesh

    What are the ramifications of the 'rolling routs' in financial markets on US and global growth?

    Global financial markets have been gripped by fear in recent weeks. What began as "Taper Panic" two years ago turned into "The Great Deflation" in commodity prices last year, and finally morphed into a huge stock market sell-off this summer, first i

    September 1, 2015 09:28 am JST
  • Ryan Manuel

    One Belt, One Road, many mixed messages

    A central problem with commenting on Chinese foreign policy is that it is hard to ever be satisfied. For a long time, critics have suggested China did not do enough in the international arena. Today, the problem appears to be that it does too much.

    September 1, 2015 07:00 am JST
  • Vijay Sakhuja

    Search and rescue operations could help counter South China Sea tensions

    Amid ongoing tensions in the South China Sea, China and the Association of Southeast Asian Nations have agreed to constitute an eminent persons and experts group to provide specialist advice on setting up two so-called hotline platforms to focus on

    August 31, 2015 10:25 pm JST