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  • ASEAN PMI inches up to 50.3 in February

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, rose slightly to 50.3 in February from 50.0 in January.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. February's PMI re

    March 1, 2017 09:30 am JST
  • Malaysia eyes murder charge for 2 women in Kim Jong Nam case

    KUALA LUMPUR -- Malaysian authorities will charge two women with murder Wednesday in the killing of Kim Jong Nam, though both suspects insist they were tricked and their connection to the apparent North Korean masterminds remains unclear.Doan Thi Hu

    March 1, 2017 05:00 am JST
  • Japan's Meidensha delivers railway inspection system to Malaysia

    KUALA LUMPUR -- Japanese railway system provider Meidensha has delivered a catenary eye for track maintenance to Keretapi Tanah Melayu Berhad (KTMB), Malaysia's state-owned rail company.The catenary eye, which has a catalogue price of at least 3 mil

    March 1, 2017 02:00 am JST
  • Saudi Aramco pours $7bn into Malaysian petrochemical project

    KUALA LUMPUR -- Saudi Aramco on Tuesday sealed a $7 billion deal to invest in a petrochemical refinery project in Malaysia's southern state of Johor.The share purchase agreement will give Saudi Arabia's state oil company a 50% stake in Petronas' Ref

    February 28, 2017 11:30 pm JST
  • 'America first' era seen dealing a blow to Asia: JCER

    TOKYO -- If the U.S. decides to introduce what is being called a border adjustment tax system, it could end up pushing down economic growth rates in five Asian nations that the Japan Center for Economic Research studied.The five countries are China,

    February 28, 2017 10:45 pm JST
  • CIMB Group expects stronger income in key markets

    KUALA LUMPUR (NewsRise) - CIMB Group Holdings is targeting higher return-on-equity this year on the back of stronger income growth from key markets, although the second-largest Malaysian bank by assets cautioned that lending margin and loan growth c

    February 28, 2017 08:23 pm JST
  • Malaysian authorities shutter two North Korean companies

    KUALA LUMPUR -- Two companies suspected of being linked to North Korean intelligence are being deregistered, Malaysian police said on Tuesday.International Global System and International Golden Services were named in a recent Reuters report for hav

    February 28, 2017 06:30 pm JST
  • North Korean "high-level" delegation arrives in Malaysia

    KUALA LUMPUR (Kyodo) -- A North Korean diplomatic delegation arrived Tuesday in Malaysia to discuss the "humanitarian issue," following the death two weeks ago of one of its citizens, seen by the rest of the world to be Kim Jong Nam, the estranged h

    February 28, 2017 04:36 pm JST
  • Asia needs $26tn for infrastructure through 2030: ADB report

    MANILA -- Asia will need $26 trillion of infrastructure investment in the 15 years from 2016 to 2030, said a report published on Tuesday by the Asian Development Bank.According to the report, titled Meeting Asia's Infrastructure Needs, the region ne

    February 28, 2017 01:23 pm JST
  • ADB says Asia needs to double infrastructure spending

    MANILA, Philippines (AP) - Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum, the Asian Developme

    February 28, 2017 12:35 pm JST
  • Malaysia finds fronts for North Korean crime

    KUALA LUMPUR -- North Koreans have established multiple operating bases for illegal activity in Malaysia, including a front for exporting military equipment and a location believed to have been used to plan the assassination of North Korean leader K

    February 28, 2017 04:30 am JST
  • Sime Darby says spinoffs are about 'maximizing value'

    KUALA LUMPUR -- Sime Darby, the Malaysian conglomerate that runs the world's largest plantation business by acreage, on Monday said it will restructure its asset distributions and borrowings before floating two subsidiaries.The group intends to list

    February 27, 2017 10:58 pm JST
  • Malaysia moving to wean itself off foreign workers

    SINGAPORE -- Manufacturers in Malaysia are working to reduce their dependence on an army of cheap foreign laborers as the government steps up its campaign to improve the treatment of these workers in the face of international criticism.With a shift

    February 27, 2017 06:15 pm JST
  • Malaysian minister confirms VX used in North Korean murder

    KUALA LUMPUR -- Health Minister S. Subramaniam revealed on Sunday that a significant dose of the VX nerve agent was used to assassinate Kim Jong Nam, a prominent North Korean living abroad, and that he expired some 15 minutes after collapsing at an

    February 26, 2017 10:00 pm JST
  • Malaysian police say raided condo rented by suspects in Kim's murder

    KUALA LUMPUR (Kyodo) -- Malaysian police said Sunday a condominium they raided in connection with the murder of the estranged half-brother of North Korean leader Kim Jong Un is linked to four suspects who fled Kuala Lumpur immediately after the atta

    February 26, 2017 07:00 pm JST
  • Malaysia stock market bullish on early election rumors

    KUALA LUMPUR -- Speculation that Malaysia may hold lower house elections earlier than expected is boosting the country's stock market, but not all shares are performing equally. Since the beginning of the year, stock prices of government-linked comp

    February 26, 2017 06:00 pm JST
  • Kim Jong Nam attacker was paid $90

    KUALA LUMPUR -- Siti Aisyah, one of the three detained suspects in the assassination of Kim Jong Nam, was paid 400 ringgit ($90) and told she would appear on a reality show applying "baby oil" on Kim, an Indonesian diplomat said on Saturday.Before t

    February 25, 2017 10:20 pm JST
  • Malaysia to sweep airport for chemicals after Kim Jong Nam murder

    KUALA LUMPUR, Feb 25 (Reuters) -- Malaysia plans to sweep one of the terminals at Kuala Lumpur international airport for toxic chemicals after Kim Jong Nam was murdered there with a nerve agent last week.The teams involved include the police forensi

    February 25, 2017 09:20 pm JST
  • North Korea making switch to hired assassins

    SEOUL -- With North Korean spy operations under a klieg light since the killing of Kim Jong Un's half brother, testimonies by defectors suggest that the rogue state has been contracting out more of its dirty work in recent years.The planning starts

    February 25, 2017 06:00 am JST
  • Japan, China play for 'swing states' in regional trade game

    TOKYO -- Top negotiators from 16 Asia-Pacific countries representing roughly half the world's population and around a third of global trade will meet in Kobe next week to discuss a trade deal that some, like Japan, hope will bear fruit amid the grow

    February 25, 2017 04:00 am JST