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South and Southeast Asia

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  • KUALA LUMPUR, Malaysia— Malaysia Airlines to cut 6,000 staff as part of recovery plan after disasters.

  • Aug 29- Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications technology into the next iPhone, which would enable the smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple's plans.

  • Aug 29- Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications technology into the next iPhone, which would enable the smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple's plans.

  • *Asia's July Iran imports at 7- mth low; China imports firm. TOKYO, Aug 29- Iran's major Asian customers shipped in 29.4 percent more crude in July from a year earlier, with China, Tehran's biggest client, still accounting for most of the increase seen since Western sanctions were eased at the beginning of the year.

  • Aug 28- Johnson& Johnson plans to seek a buyer for its medical device maker business, Cordis Corp, The Wall Street Journal reported citing people familiar with the matter. Earlier this year, J&J sold another of its units, Ortho-Clinical Diagnostics Inc to private-equity firm Carlyle Group for $4.15 billion.

  • Aug 28- Longtime Google Inc executive Megan Smith is a top candidate for the role of United States' chief technology officer, Bloomberg reported on Thursday, citing people familiar with the matter.

  • NAB acquired regional lender Great Western in 2008 for just below $1 billion to get more involved in funding agribusiness in the United States, but the operation lacks the scale of larger competitors in the western states where it operates.

  • Aug 28- Data analytics software maker Splunk Inc reported a 52 percent rise in quarterly revenue as it added more customers and the company raised its full-year revenue forecast, sending its shares up 10 percent in extended trading.

  • Indonesia's rice-for-poor scheme to test new president Thursday, 28 Aug 2014 | 5:00 PM ET

    JAKARTA, Aug 29- Indonesia's powerful anti-graft agency will launch a probe into the nation's subsidised rice scheme unless major flaws are fixed, threatening moves to expand the role of the state food buying agency into other staples such as corn, beef and sugar.

  • Labour shortage dents Thai plans to boost rice exports Thursday, 28 Aug 2014 | 5:00 PM ET

    *Thailand may miss 10 million T export target for this year. SAMUT PRAKAN, Thailand, Aug 29- Thailand is facing delays in plans to export millions of tonnes of rice from state stockpiles because of a labour shortage at ports after hundreds of thousands of foreign workers fled amid fears of a military crackdown on illegal migrants.

  • MUMBAI, Aug 29- Indian drugmakers are fleeing a regulatory morass at home and moving some research and development to Europe and the United States as try to boost margins by producing high-value drugs.

  • Splunk's quarterly revenue rises 52 pct Thursday, 28 Aug 2014 | 4:54 PM ET

    Aug 28- Data analytics software maker Splunk Inc reported a 52 percent rise in quarterly revenue as it added more customers. However, net loss attributable to Splunk widened to $60.8 million, or 51 cents per share, in the quarter from $13.7 million, or 13 cents per share, a year earlier. Revenue rose to $101.5 million from $66.9 million.

  • Avago Technologies quarterly revenue jumps 97 pct Thursday, 28 Aug 2014 | 4:26 PM ET

    Aug 28- Chipmaker Avago Technologies Ltd reported a 97 percent rise in quarterly revenue, helped by higher demand for its radio frequency chips used in smartphones.

  • Aug 28- Abercrombie& Fitch Co is finally shedding its traditional logo-focused apparel, clothes that made the brand one of the most sought after among teens in the past two decades. While a pair of women's skinny jeans from Abercrombie would set a shopper back by about $75, the same could cost less than $10 at Forever 21 or H&M, according to company websites.

  • Aug 28- Canadian oil and gas company Crew Energy Inc said it would sell its liquids-rich assets in Princess, Alberta for C $150 million to focus on the development of its core Montney properties in British Columbia.

  • *Riyadh seeks strong Sunni representation in Iraq government. The Al Saud have long seen the conflicts in Iraq and Syria as a pivotal battle for the future of the Middle East, pitting Sunni Muslims against a radical, revolutionary, Shi'ite Iran.

  • Aug 28- OncoMed Pharmaceuticals Inc said the U.S. Food and Drug Administration lifted a partial hold on patient enrolments for three trials testing its experimental cancer drug, vantictumab.

  • Aug 28- Canadian oil and gas company Crew Energy Inc said it would sell its liquids-rich assets in Princess, Alberta for C $150 million to focus on the development of its core Montney properties in British Columbia.

  • Aug 28- Johnson& Johnson is recalling some lots of its implant used to correct defects of the jaw, following more than a dozen cases of injury.

  • Aug 28- Digital Ally Inc said the Michigan police force placed an order for the company's flagship video cameras for its fleet, highlighting the spike in demand for surveillance systems since a policeman fatally shot an unarmed teenager in Ferguson, Missouri on Aug. 9.