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  • Malaysia in diplomatic hostage crisis with North Korea

    KUALA LUMPUR -- Malaysia has tempered its fiery exchanges with North Korea in the wake of the assassination in Kuala Lumpur last month of North Korean exile Kim Jong Nam, and has said it will keep channels open with the communist state while its nat

    March 8, 2017 09:20 pm JST
  • Palm oil prices may be headed for a sustained drop

    KUALA LUMPUR (NewsRise) -- The outlook on palm oil has turned bearish for the latter half of the year and beyond as weather conditions improve and supplies grow.Prices of the commodity are likely to decline from July with the pace of the decline acc

    March 8, 2017 08:55 pm JST
  • Asian PMI readings paint a mixed picture

    TOKYO -- Business activity in Southeast Asia picked up overall in February, but manufacturers' outlook for future output was less rosy, the latest Nikkei Purchasing Managers' Index shows.The headline Nikkei ASEAN Manufacturing PMI rose 0.3 point fro

    March 8, 2017 05:00 pm JST
  • Video allegedly of Kim Jong Nam's son emerges

    KUALA LUMPUR (Kyodo) -- A video clip posted on Youtube shows a man claiming to be the son of Kim Jong Nam, who was killed at Kuala Lumpur International Airport last month, Kyodo News confirmed Wednesday.The footage, uploaded to the video-sharing web

    March 8, 2017 12:24 pm JST
  • Malaysian PM Najib says no plans to cut diplomatic ties with North Korea

    KUALA LUMPUR (Reuters) -- Malaysia has no plans to cut diplomatic ties with North Korea after a rise in tensions that led to reciprocal travel bans after the half-brother of the North's leader was killed in Kuala Lumpur, Prime Minister Najib Razak s

    March 8, 2017 12:18 pm JST
  • Southeast Asian auto sales off to smooth start in 2017

    JAKARTA -- New-automobile sales climbed 5% on the year to 249,729 vehicles in six key Southeast Asian markets this January, growing in all except Vietnam, industry figures show.Indonesia's tally rose 1% to 86,252, continuing an uptrend that began la

    March 8, 2017 11:00 am JST
  • UN calls for calm between Malaysia and North Korea

    NEW YORK (Kyodo) -- The United Nations on Tuesday called for calm between Malaysia and North Korea after the two banned each other's nationals from exiting their countries following the murder of the half-brother of Pyongyang's leader."We call for c

    March 8, 2017 08:59 am JST
  • North Korea takes Malaysians 'hostage' in game of brinkmanship

    KUALA LUMPUR/SEOUL -- Aiming to thwart the investigation into the murder of leader Kim Jong Un's half brother, Pyongyang on Tuesday resorted to the extreme measure of banning Malaysians in North Korea from leaving the country.Signaling escalating te

    March 8, 2017 03:00 am JST
  • Malaysia's iflix raises over $90m for video-streaming expansion

    JAKARTA -- Malaysia-based video-streaming company iflix said Tuesday that it has raised more than $90 million in a funding round to accelerate its expansion beyond its core Southeast Asian markets.Participants included international cable company Li

    March 8, 2017 02:15 am JST
  • Malaysia reciprocates, bans North Koreans from leaving

    KUALA LUMPUR -- Malaysia banned North Koreans from leaving the country with immediate effect on Tuesday.The move comes in response to a similar measure taken by Pyongyang barring Malaysians in North Korea from leaving, as the bilateral relationship

    March 7, 2017 04:46 pm JST
  • Interview

    The 'Asian Netflix' takes on the pirates

    SINGAPORE -- Patrick Grove, chairman and co-founder of Sngapore-based internet-TV startup iflix, has developed a straightforward way to see what Asian consumers want to watch, but are not able to: Just look at what they are stealing."[Piracy happens

    March 7, 2017 02:45 pm JST
  • North Korea says temporarily bans Malaysians from leaving the country

    SEOUL (Reuters) -- North Korea said on Tuesday it has temporarily banned Malaysians from leaving the country to ensure the safety of its diplomats and citizens in Malaysia amid an escalating row over the killing of North Korean leader Kim Jong Un's

    March 7, 2017 12:02 pm JST
  • After protests, North Korean envoy leaves Malaysia

    KUALA LUMPUR -- Following much speculation, the defiant North Korean ambassador who had assailed the Malaysian government left the country Monday, a decision apparently driven by Pyongyang's desire to avoid a severing of diplomatic ties."I express g

    March 7, 2017 07:30 am JST
  • China's Geely hints at withdrawal from Malaysian automaker bid

    BEIJING -- China's Geely Automobile Holdings may step back from negotiations for a partnership and investment in Malaysian carmaker Proton Holdings."Although we have contemplated and studied the deal, the anticipated outcome may not be reached," Cha

    March 7, 2017 04:00 am JST
  • Expelled North Korean envoy unbowed over Kim Jong Nam probe

    KUALA LUMPUR -- Kang Chol, North Korea's bellicose ambassador to Malaysia who was ordered out of the country over the weekend, has protested being made persona non-grata, and remains defiant over the recent assassination of Kim Jong Nam, the estrang

    March 6, 2017 11:22 pm JST
  • Apollo stake sale seen to consolidate IHH Healthcare's India investments

    KUALA LUMPUR (NewsRise) -- IHH Healthcare, Asia's largest hospital operator by market value, sold a 6.07% stake in Apollo Hospitals Enterprise in a $160.29 million deal that analysts say will consolidate its investments in India.The stake sale align

    March 6, 2017 09:14 pm JST
  • North Korea expels Malaysian ambassador

    BEIJING (Kyodo) -- North Korea declared Monday the Malaysian ambassador in Pyongyang as "persona non grata" to expel him from the country.North Korea's Foreign Ministry said the ambassador, who was recalled by the Malaysian government last month, mu

    March 6, 2017 09:00 pm JST
  • North Korean envoy ordered to leave Malaysia departs country

    KUALA LUMPUR (Kyodo) -- The North Korean ambassador to Malaysia left his host country Monday as ordered by its government, Kyodo News confirmed, bringing down the curtain on more than 40 years of cozy ties, following the Feb. 13 murder of the half-b

    March 6, 2017 07:42 pm JST
  • Clock ticking on Malaysian ultimatum for Pyongyang

    KUALA LUMPUR -- Pyongyang continues to rile one of its few remaining allies with its refusal to cooperate with Malaysia's investigation into the murder of Kim Jong Nam, the older half brother of North Korean leader Kim Jong Un.The Southeast Asian co

    March 6, 2017 08:42 am JST
  • Macau legislators at China's parliament ask Kim Jong Who?

    BEIJING (Reuters) -- The killing of the estranged half-brother of North Korea's leader who had been living in the Chinese territory of Macau may be top news around the world, but for some Macanese legislators at China's parliament it's more a case o

    March 5, 2017 08:04 pm JST