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  • Malaysia arrests seven for suspected links to militant groups

    KUALA LUMPUR (Reuters) -- Malaysia has arrested six foreigners and one Malaysian for suspected links to militant groups including Islamic State, the police chief said on Sunday.The Southeast Asian nation has been on high alert since suicide bombers

    March 5, 2017 07:21 pm JST
  • Paul Donovan

    Gold is a poor inflation hedge

    Across the world, investors are slowly coming to terms with the return of inflation. U.S. consumer price inflation was negative at the start of 2015. U.S. consumer prices are now rising 2.5% compared to a year earlier, and the rate of inflation is h

    March 5, 2017 01:00 pm JST
  • Malaysia expels North Korean ambassador

    KUALA LUMPUR -- Malaysia on Saturday gave North Korean ambassador Kang Chol 48 hours to leave the country.The government labeled Kang persona non grata after the ambassador failed to respond to a 6 p.m. summons. This is the "most serious form of dis

    March 5, 2017 12:41 am JST
  • Malaysia releases, deports North Korean suspected in Kim Jong Nam murder

    KUALA LUMPUR -- Ri Jong Chol, the sole North Korean man in custody in connection with the murder of Kim Jong Nam, has been discharged and deported from Malaysia. Police cited insufficient evidence.Ri was detained on Feb. 17, four days after Kim, the

    March 3, 2017 07:18 pm JST
  • Malaysia's January exports rise on strong electronics shipments

    KUALA LUMPUR (NewsRise) - Malaysia's annual exports growth pace in January accelerated from the previous month thanks to higher shipments of electronics and robust demand from China, supporting expectations of economic activities to strengthen in th

    March 3, 2017 07:07 pm JST
  • Malaysian police release North Korea man held over airport murder

    KUALA LUMPUR (Kyodo) -- Malaysian police on Friday released a North Korean man detained in connection with the fatal poisoning of Kim Jong Nam, the estranged half-brother of North Korea's leader Kim Jong Un, due to lack of sufficient evidence with w

    March 3, 2017 01:30 pm JST
  • Malaysia puts the screws on North Korea over murder

    KUALA LUMPUR -- Malaysia is halting visa-free travel from North Korea and may expel its ambassador or cut diplomatic ties over Pyongyang's refusal to cooperate in the investigation into the killing of Kim Jong Nam, half brother to North Korean leade

    March 3, 2017 03:00 am JST
  • Kasikornbank offering local settlement for ASEAN currencies

    BANGKOK -- On the back of growing regional trade, Kasikornbank, Thailand's fourth-largest lender by assets, has expanded its local currency settlement services to cover all currencies of members of the Association of Southeast Asia Nations and its t

    March 2, 2017 11:53 pm JST
  • Malaysian FDI up 64% in 2016, domestic investment down 5%

    KUALA LUMPUR -- Foreign direct investment in Malaysia was up 64% year on year in 2016 to 59 billion ringgit ($13.2 billion), largely due to the confidence shown by China, the Netherlands, and the U.S.Domestic investment in manufacturing, services, a

    March 2, 2017 11:45 pm JST
  • Asia braces for wave of oil and gas M&A

    DENPASAR, Indonesia --Merger and acquisition activity in Asia's energy sector will accelerate this year as crude oil prices stabilize and major Western oil producers seek to divest assets in the region, analysts say.Royal Dutch Shell announced plans

    March 2, 2017 07:08 pm JST
  • Malaysia halts visa-free entry for North Koreans

    KUALA LUMPUR -- Malaysian Deputy Prime Minister Ahmad Zahid Hamidi said Thursday that the country will suspend visa-free entry for North Korean nationals starting next Monday.The stricter immigration controls come after several North Koreans who had

    March 2, 2017 06:30 pm JST
  • Malaysia's central bank holds policy rate steady at 3%, as expected

    KUALA LUMPUR (NewsRise) - Malaysia's central bank Thursday kept the benchmark interest rate unchanged as widely-expected, as it relied on resilient economic growth and subdued domestic demand to cushion a pricing pressure from costlier crude oil.Ban

    March 2, 2017 06:09 pm JST
  • China's growing travel bug to support new casino projects

    China's large and growing traveling class is expected to provide strong demand for the Asian casino market in coming years.The number of overseas trips made annually by China's 1.36 billion people now equates to a market penetration rate of 9%. This

    March 2, 2017 10:00 am JST
  • Airport 'hit' strains North Korea's relationship with Southeast Asia

    KUALA LUMPUR The killing of Kim Jong Nam, the half brother of North Korean leader Kim Jong Un, is fraying Pyongyang's relationship with the Association of Southeast Asian Nations and threatening its access to the greater international community.At a

    March 2, 2017 10:00 am JST
  • Hokkien puppetry comes to life in Penang

    PENANG, Malaysia At the back of a typical Malaysian-Chinese temple filled with the heavy smoke of burning incense, a small group of elders sit on low stools around a wooden stage. Two crouch below the theater's frame, holding up wood-and-cloth puppe

    March 2, 2017 10:00 am JST
  • North Korea cleverly dodging sanctions, UN reports

    NEW YORK -- North Korea has flouted United Nations sanctions by trading in prohibited arms and other goods through means "that are increasing in scale, scope and sophistication," says a report by a U.N. Security Council expert panel.Pyongyang is ear

    March 2, 2017 04:30 am JST
  • King Salman's Southeast Asia tour brings major Aramco investments

    JAKARTA/KUALA LUMPUR -- The visit of King Salman of Saudi Arabia and his massive entourage to Southeast Asia's two largest Muslim nations reached a climax on Wednesday when he met President Joko Widodo in Jakarta days after meeting Malaysian Prime M

    March 2, 2017 02:22 am JST
  • Two suspects charged in Kim Jong Nam murder

    Sepang, MALAYSIA -- Two young women, Siti Aisyah from Indonesia and Doan Thi Huong from Vietnam, were charged on Wednesday in the murder of Kim Jong Nam under section 302 of the penal code, which carries the death penalty.The two accused arrived at

    March 1, 2017 09:05 pm JST
  • Malaysia charges 2 women with murder in Kim Jong Nam's airport death

    KUALA LUMPUR (Kyodo) -- Malaysian prosecutors on Wednesday charged two women, an Indonesian and a Vietnamese, with murder over the killing of the estranged half-brother of North Korean leader Kim Jong Un more than two weeks ago. They said the two wo

    March 1, 2017 12:46 pm JST
  • Malaysia manufacturing PMI rises to 49.4 in February

    TOKYO -- The Nikkei Malaysia Manufacturing Purchasing Managers' Index, or PMI, came in at 49.4 in February, rising from 48.6 in January.A reading above 50 indicates economic expansion, while one below 50 points to a contraction. The reading was the

    March 1, 2017 09:30 am JST