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  • Malaysia's inflation jumps to over eight-year high, still rate pause expected

    KUALA LUMPUR (Nikkei Markets) - Malaysia's consumer price index rose to an over eight-year high in March, but economists widely expect the central bank will keep key policy interest rate steady to support a fragile recovery in economic activities.Th

    April 19, 2017 07:57 pm JST
  • Malaysia's Retirement Fund to buy stake in Axiata's tower unit for $100 million

    KUALA LUMPUR (Nikkei Markets) - Axiata Group, Malaysia's biggest telecom company by revenue, said Tuesday state-run Retirement Fund Inc has agreed to buy a stake in its tower infrastructure unit edotco Group for $100 million.The pension fund, which

    April 18, 2017 09:00 pm JST
  • Tepco, Toshiba to manage power grids in Cambodia

    TOKYO -- Tokyo Electric Power Co. Holdings will team with Toshiba to manage power grids in Cambodia, hoping to secure a new earnings source as the utility grapples with soaring cleanup costs for the Fukushima nuclear plant disaster.T.T. Network Infr

    April 18, 2017 06:10 am JST
  • Southeast Asian capitals bristle at Trump's trade probe

    SINGAPORE -- The Trump administration's order to probe U.S. trading partners for unfair practices has provoked outrage in the Southeast Asian nations under scrutiny, and threatens to deepen a divide that leaves the region more exposed to Chinese inf

    April 18, 2017 02:00 am JST
  • Petronas Gas readying to offer under-utilized capacities to new gas players

    KUALA LUMPUR (Nikkei Markets) - Malaysia's national oil company Petroliam Nasional is in talks with government agencies to finalize financial details of a plan that allows new suppliers to use its unit Petronas Gas' underutilized capacities at pipel

    April 17, 2017 08:06 pm JST
  • Asian palm oil producers slam EU moves to restrict market access

    JAKARTA -- Indonesia and Malaysia, which produce more than 80% of the world's palm oil, are resisting proposals by European parliamentarians that could limit their access to the second biggest palm oil market after India.Government ministers from Ma

    April 17, 2017 07:00 am JST
  • SMBC deal aims to promote Japanese investment in Malaysia

    TOKYO -- Sumitomo Mitsui Banking Corp. has partnered with the Malaysian government to encourage Japanese companies to invest in the Southeast Asian country.The Sumitomo Mitsui Financial Group unit recently signed a memorandum of understanding with t

    April 17, 2017 01:00 am JST
  • Musician revives traditional Sarawak instrument

    KUALA LUMPUR -- The lilting melody, once sung by girls watching over paddy fields, mesmerized the audience at Kuala Lumpur's Petronas Gallery -- even small children barely moved, gripped by musician Alena Murang's wistful voice and soulful accompani

    April 15, 2017 11:00 am JST
  • Mounting geopolitical worries drive Malaysian shares to over 1-month low

    KUALA LUMPUR (Nikkei Markets) - Malaysia's shares shed 0.6% this week, falling to the lowest levels in more than a month on Friday as mounting geo political tension and Wall Street's overnight losses kept many investors on the side lines.Trading was

    April 14, 2017 08:11 pm JST
  • Malaysia's SP Setia plans to buy I&P Group for up to $849.86 million

    KUALA LUMPUR (Nikkei Markets) - Malaysian real estate firm SP Setia, the joint developer of London's iconic Battersea project with Sime Darby, Friday said it plans to acquire I&P Group from its major shareholder Permodalan Nasional in a deal worth u

    April 14, 2017 07:30 pm JST
  • Singapore shares post worst fall in 3 weeks, Malaysia stocks drop on U.S. cues

    SINGAPORE (Nikkei Markets) -- Singapore shares suffered their worst fall in three weeks on Thursday, as a decline in U.S. bond yields dragged banking stocks lower. Malaysian stocks, weighed by overnight losses on the Wall Street and a drop in crude

    April 13, 2017 08:10 pm JST
  • Malaysia may have compromised Kim Jong Nam case say lawyers

    KUALA LUMPUR -- The case against the two foreign nationals accused of killing Kim Jong Nam may have been weakened even before it began due to the absence of key North Korean suspects, defense lawyers said in court on Thursday. The Malaysian governme

    April 13, 2017 07:21 pm JST
  • Japan crown prince leaves for Malaysia to celebrate diplomatic ties

    TOKYO (Kyodo) -- Japan's Crown Prince Naruhito departed Thursday for Malaysia on his first official trip overseas since Emperor Akihito indicated his wish to abdicate last year.The five-day trip, the prince's first to the Southeast Asian nation, wil

    April 13, 2017 03:32 pm JST
  • North Korean murder suspects wear bullet-proof vests to court

    KUALA LUMPUR (Reuters) -- Two women accused of killing the estranged half-brother of North Korea's leader made their second court appearance on Thursday wearing bullet-proof vests, but the hearing into the Kuala Lumpur airport assassination was post

    April 13, 2017 12:30 pm JST
  • World Bank boosts 2018 growth outlook for emerging East Asia

    SINGAPORE -- The World Bank on Thursday upgraded its economic growth forecast for 2018 for emerging countries in East Asia to 6.1%, up from the 6.0% it projected six months earlier.The bank said expanding infrastructure investment, rebounding demand

    April 13, 2017 11:44 am JST
  • ASEAN and Japan aim to foster startups in Southeast Asia

    TOKYO Venture capital investment is booming in Southeast Asia, boding well for the region's startups. And there is greater scope for collaboration between businesses in the region and in Japan to make innovation happen.That was the message at the AS

    April 13, 2017 10:00 am JST
  • Price spikes feared as Asia's aging oil fields dry up

    SINGAPORE A global focus on rising oil output in the U.S. has overshadowed an important trend elsewhere in the market. Falling oil production in Asia is forecast to accelerate as major fields dry up, which will stiffen demand for foreign barrels and

    April 13, 2017 10:00 am JST
  • South Korea's export recovery is on thin ice

    HONG KONG Despite a sustained rebound in exports since November, South Korea's manufacturing ended the first quarter with even more contraction, thanks to a souring relationship with its biggest trading partner China and political uncertainty at hom

    April 13, 2017 10:00 am JST
  • The ADB forecasts the slowest Asian growth since 2001

    MANILA Asia's growth will fall to its slowest pace since 2001 this year amid policy uncertainty in advanced economies and an outflow of capital, according to the Asian Development Bank.In its 2017 Asian Development Outlook, released on April 6, the

    April 13, 2017 10:00 am JST
  • South Korea's export recovery is on thin ice

    HONG KONG -- Despite a sustained rebound in exports since November, South Korea's manufacturing ended the first quarter with even more contraction, thanks to a souring relationship with its biggest trading partner China and political uncertainty at

    April 12, 2017 06:30 pm JST