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Malaysia

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  • Asian markets mixed as Hong Kong protests expand Monday, 29 Sep 2014 | 12:51 AM ET

    KUALA LUMPUR, Malaysia— Asian stock markets were mixed Monday as pro-democracy protests in Hong Kong and concern about China's economy offset good U.S. economic news. KEEPING SCORE: Japan's Nikkei 225 index was up 0.4 percent to 16,290.73 points while China's Shanghai Composite rose 0.4 percent to 2,357.42.

  • KUALA LUMPUR/ VANCOUVER, Sept 25- Malaysian state-owned oil and gas company Petronas said on Thursday it might pull out of a roughly $10 billion liquefied natural gas project in Canada due to what it said was the country's slow progress developing a taxation plan.

  • IOC adds anti-discrimination to host contract Thursday, 25 Sep 2014 | 11:49 AM ET

    The IOC will require future Olympic host cities to abide by rules that forbid any kind of discrimination, a move prompted by the outcry caused by Russia's adoption of a law banning so-called gay "propaganda" ahead of the 2014 Winter Games in Sochi.

  • Malaysia's Proton unveils its first compact car Thursday, 25 Sep 2014 | 5:59 AM ET

    KUALA LUMPUR, Malaysia— Malaysia's national carmaker Proton launched its first small car on Thursday, hoping to bolster its fortunes after ceding ground to foreign and domestic rivals. Chief Executive Abdul Harith Abdullah said Proton invested 560 million ringgit to develop the Iriz over four years.

  • *Sellers say holding talks with China on Kurdish oil sales. *A China deal could hurt Baghdad's efforts to halt trades.

  • LONDON, Sept 17- Indonesia's tin exports slumped to a one-year low of 3,595 tonnes in August. And they are set to fall further in September. This sort of price support action from Indonesia is becoming part and parcel of the global tin market.

  • Dangerous waters: Meet the new face of piracy Monday, 15 Sep 2014 | 6:15 AM ET
    Indonesian pirates push a boat out of a mangrove swamp where they hide before planning pirate attacks and ambushes on the Strait of Malacca.

    Piracy is exploding in the world’s most heavily trafficked commercial waterway, and organized crime is the force behind it.

  • *SocGen, BTMU, Goldman set up sukuk programmes since June. Sept 14- Islamic bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists.

  • SINGAPORE, Sept 12- The volume of open positions in Malaysian palm oil futures jumped to a record high this week, suggesting the market may be bottoming out after falling to its lowest price in more than five years.

  • *Expected to be at least $500 million with 5- year tenor. DUBAI/ KUALA LUMPUR, Sept 4- Goldman Sachs is reviving plans to raise at least $500 million with its first issue of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money.

  • *Issue expected to be at least $500 million. DUBAI/ KUALA LUMPUR, Sept 4- Goldman Sachs is reviving plans to issue at least $500 million worth of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money.

  • MUMBAI, Aug 30- India's federal police have filed charges against a former minister, his media mogul brother, and a Malaysian tycoon over alleged corruption to help Malaysia's Maxis group take control of an Indian mobile phone carrier eight years ago.

  • Chinese naval push could affect global trade Friday, 29 Aug 2014 | 2:00 PM ET
    Coast guard vessels from China (rear) and Vietnam in a disputed part of the South China Sea near China's oil drilling rig, May 14, 2014.

    Tensions in the South China Sea may seem far off to Western investors, but any conflict in the region could affect the world economy.

  • *Malaysia Airlines to cut staff by 30 pct to 14,000. KUALA LUMPUR, Aug 29- Malaysia Airlines will slash nearly a third of its 20,000 workforce and cut back its global route network as part of a radical 6 billion ringgit restructuring following the devastating impact of two jetliner disasters.

  • *Malaysia Airlines to cut staff by 30 pct to 14,000. KUALA LUMPUR, Aug 29- Malaysia Airlines, the country's loss-making flag carrier, will cut 30 percent of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said.

  • KUALA LUMPUR, Aug 29- Malaysia Airlines will cut 30 percent of its workforce as part of a restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said on Friday.

  • Mohshin Aziz, Aviation Analyst at Maybank Investment Bank, hopes that Malaysia Airlines can provide details on its staff and capacity reduction at the announcement of restructuring plans late Friday.

  • How will Malaysia Airlines restructure itself?     Thursday, 28 Aug 2014 | 10:32 PM ET

    Ahmad Maghfur Usman, Regional Transport Research Analyst at RHB Research, discusses his expectations for the restructuring plans that the carrier is set to announce late Friday.

  • Trying period ahead for Malaysia Airlines: Pro     Thursday, 28 Aug 2014 | 9:08 PM ET

    Subhranshu Sekhar Das, Director, Aerospace & Defense, Frost & Sullivan, says the outlook for Malaysia Airlines looks challenging after its seat load factor fell 30 percent over the past few months.

  • KUALA LUMPUR, Aug 28- Malaysia Airlines has warned of poor second-half earnings as passenger bookings continue to fall in response to the loss of two aircraft in separate disasters this year.