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Malaysia

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  • KUALA LUMPUR, Malaysia— Two Malaysian boys whose father was a passenger on the jetliner that vanished in March last year secured an out-of-court settlement in the tragedy's first legal case against Malaysia Airlines and the government. Malaysia Airlines Flight 370 was en route from Kuala Lumpur to Beijing with 239 people on board when it disappeared March 8...

  • --Clyde Russell is a Reuters columnist. Of course, it's easy to dismiss participants at the SGX Iron Ore Forum and the Asia Mining Congress in Singapore, the Asia Oil& Gas Conference in Kuala Lumpur and the LME Week Asia in Hong Kong as talking their books, or at least to their hopes. Where the cautious optimism was most evident was in the investment community, attending...

  • Experts involved in past deep water searches say the search to find MH370 could easily miss the plane as Dutch company Fugro NV, the firm at the forefront of the mission, is using inappropriate technology for some terrain and inexperienced personnel for the highly specialized task of hunting man-made objects. "Fugro is a big company but they don't have any...

  • COLUMN-LME zinc bulls get fooled again: Andy Home Tuesday, 26 May 2015 | 1:32 AM ET

    SINGAPORE, May 26- Appearances can be deceptive and never more so than when it comes to trading on the London Metal Exchange. Three-month metal was on a surge last month, powering up from a March low of $1,981.00 per tonne to an early May high of $2,404.50. Last week's delivery of 36,375 tonnes of zinc onto warrant at Johor in Malaysia blew away the tightness and sent...

  • Migrant crisis: Malaysia finds 139 mass graves Monday, 25 May 2015 | 4:05 AM ET
    Malaysia Inspector-General of Police Khalid Abu Bakar speaks to the media during press conference announcement of a suspected mass grave site of ethnic Rohingyas between the Malaysia-Thailand borders.

    Malaysia uncovers 139 graves thought to contain the remains of migrants scattered around suspected human trafficking camps.

  • May 21- The Kuala Lumpur- based Islamic Financial Services Board is preparing guidelines for Islamic capital market products, retakaful and stress testing, as the industry body tightens oversight of market practices. IFSB guidelines allow national financial regulators to have the final say on how they apply standards, but its prescriptive approach is...

  • That could change soon: "There's a lot of interest from Chinese buyers for long-term LNG volume, especially for 2020 onwards," said Nicolas Zanen, Vice President for Asia at Cheniere Marketing Pte Ltd, a wholly owned subsidiary of Cheniere Energy Inc.. And not necessarily small buyers, big buyers as well, "said Zanen on the sidelines of the Asia Oil and Gas Conference...

  • --Clyde Russell is a Reuters columnist. The $70 billion buyout of BG Plc by larger rival Royal Dutch Shell is generally viewed by investors and analysts as the first big deal in a likely series of major mergers and acquisitions in the resource sector. Ryan Lance, the chief executive of ConocoPhillips, was adamant that he didn't expect a "big M&A wave any time soon."

  • Tracking Malaysia's political infighting Monday, 18 May 2015 | 8:46 PM ET
    Tracking Malaysia's political infighting

    Oh Ei Sun, senior fellow at the Institute of Defense & Strategic Studies, discusses the criticisms that former leader Mahathir Mohamad has made against prime minister Najib Razak.

  • *Iran still looking for OPEC "cooperation" on oil prices. Iran, along with Venezuela, has repeatedly called for OPEC to cut output to shore up low prices that have eaten into producers' oil revenues. Javadi's comments signal an admission that the group was unlikely to agree to a reduction, especially after its current strategy has succeeded in curbing non- OPEC...

  • KUALA LUMPUR, May 18- ConocoPhillips expects to maintain capital expenditure for the next three years, after reducing it earlier this year due to the oil price drop, Chief Executive Ryan Lance told Reuters on Monday. ConocoPhillips, like other exploration and production companies, has slashed capital spending in response to persistently lower oil prices, and...

  • *OPEC unlikely to cut output at June meeting. A recent framework deal on Iran's disputed nuclear programme between Tehran and world powers could see sanctions on Iran eventually lifted if a more permanent pact is finalised by a June deadline. Javadi said the OPEC producer expected to claw back lost market share in Asia.

  • KUALA LUMPUR, May 18- Iran hopes its crude oil exports will return to pre-sanctions levels within three months once a deal with major powers to lift an oil embargo is finalised, Iran's deputy oil minister said on Monday. "Yes, 2.5, around," he said on the sidelines of the Asia Oil and Gas Conference in Kuala Lumpur. A recent framework deal on Iran's disputed nuclear...

  • Malaysia's IPO market faces a slump, weighed by a worsening economic outlook, currency volatility and dismal performances from some of last year's debutantes.

  • Tracking the outlook of Malaysia, Indonesia Thursday, 14 May 2015 | 9:34 PM ET
    Tracking the outlook of Malaysia, Indonesia

    Vishnu Varathan, senior economist at Mizuho Bank, explains what a weaker U.S. dollar and stabilization in oil prices mean for the Indonesian rupiah and Malaysian ringgit.

  • What all the fighting is about over Pacific trade Thursday, 14 May 2015 | 2:35 PM ET
    Sen. Elizabeth Warren, D-Mass., speaks during a United Steelworkers rally in opposition to the proposed “fast-track” bill, or trade promotion authority, in Washington, April 15, 2015.

    Although the White House won a minor victory on Wednesday, Obama's push for trade fast-track is just the beginning of the battle.

  • LONDON, May 13- The London Metal Exchange has announced another change in its warehousing rules to force a faster reduction in the load-out queues that have caused so much controversy in the aluminum market. Its new regime of linking load-in to load-out rates, LILO for short, is now in force, albeit after a near one-year delay caused by a failed legal challenge from...

  • InvestKL CEO: Politics not a concern for investors Tuesday, 12 May 2015 | 9:45 PM ET
    InvestKL CEO: Politics not a concern for investors

    Zainal Amanshah, CEO of InvestKL, says investors continue to focus on Malaysia's economic fundamentals and the recent political trouble will remain "coffee table chat."

  • LONDON, May 7- For the nickel market, it's a case of once bitten, twice shy. Analysts are finding ever more evidence that the Indonesian ban on nickel ore exports introduced at the start of 2014 is finally starting to impact China's massive nickel pig iron sector. China's imports of nickel are trending higher, particularly those of ferronickel, the most obvious...

  • DIARY- Emerging Markets Economic Events to May 18 Tuesday, 5 May 2015 | 8:02 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen and International Monetary Fund Managing Director Christine Lagarde participate in " Finance and Society" conversation before the Institute for New Economic Thinking Conference on Finance and Society hosted by the IMF- 1315 GMT. BUDAPEST- Central bank of Hungary publishes April policy meeting- 1200 GMT.