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Malaysia

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  • NEW YORK— At 656,000 pounds fully loaded and the length of six school buses, the Boeing 777-200 ER is hard to miss. In an age when a missing iPhone or a FedEx package can be tracked, it's unfathomable that something the size of a Boeing 777 could never be found. "The public's perception of what's acceptable has changed radically," said Todd Curtis, a former Boeing safety...

  • SYDNEY— Nearly a year has passed since Malaysia Airlines Flight 370 vanished on a flight from Kuala Lumpur to Beijing, sparking one of the most perplexing mysteries of modern times. The current phase of the search in the deep, dark and desolate waters of the Indian Ocean has failed to yield a single clue about the plane's fate. A: Crews have scoured more than 40...

  • KUALA LUMPUR, Malaysia— Two airplane catastrophes put Malaysia on the map in a bad way in 2014. But they didn't hurt the country's tourism, and the higher visibility may even have helped: visitor numbers had their strongest growth in years. For the past decade, Malaysia has run an elaborate campaign to market itself abroad as an ideal Asian destination, touting a...

  • The knowledge gained so far is of little comfort to family and friends of the 239 people still missing from the plane, which vanished last March 8 during a flight from Kuala Lumpur, Malaysia, to Beijing. In the Indian Ocean west of Australia, where experts believe the plane crashed, scientists have been mapping the sea floor to aid in the search for wreckage.

  • SYDNEY— Australia, Indonesia and Malaysia will lead a trial of an enhanced method of tracking aircraft over remote oceans to allow planes to be more easily found should they vanish like Malaysia Airlines Flight 370, Australia's transport minister said Sunday. The announcement comes one week ahead of the anniversary of the disappearance of Flight 370, which...

  • SYDNEY— Australia, Indonesia and Malaysia will lead a trial to enhance the tracking of aircraft over remote oceans, allowing planes to be more easily found should they vanish like Malaysia Airlines Flight 370, Australia's transport minister said Sunday. The announcement comes one week ahead of the anniversary of the disappearance of Flight 370, which...

  • KUALA LUMPUR, Malaysia— Southeast Asia's top budget carrier, AirAsia, said Thursday it suffered a net loss of 428.51 million ringgit in the quarter ending in December, hit by higher costs and a weaker currency. "We have seen the competition becoming more rational in the second half of 2014," AirAsia Chief Executive Tony Fernandes said in a statement.

  • METALS-London copper prices drift on Lunar New Year lull Wednesday, 18 Feb 2015 | 8:43 PM ET

    MELBOURNE, Feb 19- London copper edged lower on Thursday, paring gains from a short-covering burst the session before, with trade subdued as many Asian nations celebrate Lunar New Year. Copper is expected to remain stuck in the $5,300- 5,800 range in place for the past month until Chinese buying activity ramps up in mid-March. *Other markets taking some holiday...

  • DIARY-Emerging Markets Economic Events to March 4 Wednesday, 18 Feb 2015 | 7:02 PM ET

    ROME- OECD Secretary General Angel Gurria will present the Economic Survey of Italy at a news conference with Economy Minister and Finance Minister Pier Carlo Padoan. SINGAPORE- Singapore Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam will deliver the 2015 Budget statement in the Parliament- 0500 GMT. JERUSALEM- Bank of Israel announces...

  • JAKARTA, Feb 18- They might be late to the party, but central banks in Southeast Asia are joining the global rush of easier policy, as deflationary pressures create room for them to prop up faltering growth without weakening defences against capital outflows. Indonesia surprised markets with a rate cut on Tuesday, and Singapore eased its policy in January.

  • KUALA LUMPUR, Feb 18- Malaysian state fund 1 MDB said it would explore asset sales as well as the sale of development rights in prime property projects as it seeks to cut down on debt- a burden that has put pressure on the ringgit and the country's sovereign credit rating. The strategic review is new CEO Arul Kanda's attempt to make a break with years of controversy...

  • SINGAPORE/ MILAN, Feb 13- Over a dozen liquefied natural gas tankers are parked, many idle, in and around Singapore- one of the world's biggest trading hubs for the fuel- in a sign that the slowdown engulfing world gas markets may be worsening into a crisis. With Asian spot LNG prices down by almost two-thirds since February 2014 as slowing demand combines with rising...

  • *An agreement would come ahead of a reported Feb. 18 deadline. KUALA LUMPUR, Feb 12- Malaysian billionaire Ananda Krishnan is preparing to settle a $550 million loan owed by state fund 1 MDB, four sources familiar with the matter said- a last-minute reprieve for the fund whose debt woes are pressuring the ringgit and the country's sovereign credit rating.

  • Will Anwar's ruling change Malaysian politics?  Tuesday, 10 Feb 2015 | 10:31 PM ET

    Amarjit Singh, senior analyst, Country Risk at IHS, discusses news that Malaysia's top court rejected opposition leader Anwar Ibrahim's appeal against a sodomy conviction.

  • KUALA LUMPUR, Feb 10- Malaysia's highest court rejected on Tuesday an appeal by opposition leader Anwar Ibrahim against a sodomy conviction, sending the politician who poses the greatest threat to the long-ruling coalition back to prison for five years. Human Rights office, the United States and Australia said they were disappointed by the ruling and Amnesty...

  • KUALA LUMPUR, Feb 6- Troubled state-owned investment fund 1 Malaysia Development Bhd has called off plans to sell up to 8.4 billion ringgit of Islamic bonds, two people familiar with the issue told Reuters on Saturday. Malaysian media had reported on Saturday that 1 MDB may pull out, thereby allowing Malaysia's largest power group Tenaga Nasional Bhd to take...

  • PARIS, Feb 3- A United Nations agency may press on Tuesday for rapid adoption of new aircraft tracking proposals, weeks ahead of the anniversary of the disappearance of Malaysia Airlines Flight MH370, officials said. The International Civil Aviation Organization is expected to tell a safety conference in Montreal that new guidelines should come in force as...

  • MONTREAL, Feb 2- Malaysia, which suffered two commercial air disasters last year after one jet disappeared and another was shot down over Ukraine, said on Monday the United Nations must make reporting of risks to airlines over conflict zones mandatory. The International Civil Aviation Organization, the U.N.' s aviation agency, been under pressure to come up with...

  • MONTREAL, Feb 2- Malaysia, which had two air disasters last year after one jet disappeared and another was shot down over Ukraine, said on Monday that real-time aircraft tracking must become a priority for the industry. While real-time tracking of commercial planes would have a financial impact, it is too vital to ignore, Malaysia said in a paper to the United...

  • Malaysia, brace for a rating cut by Fitch: HSBC  Sunday, 1 Feb 2015 | 8:23 PM ET

    Andre De Silva, Head of Asia-Pacific Rates at HSBC, says the delay of a loan payment by state-owned investment fund 1Malaysia Development Berhad sets the stage for a downgrade in Malaysia's rating by Fitch.