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Malaysia

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  • 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.

  • Business Highlights Friday, 29 Aug 2014 | 5:40 PM ET

    Malaysia Airlines to cut 6,000 staff in overhaul. KUALA LUMPUR, Malaysia— Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.

  • 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.

  • Key events in the history of Malaysia Airlines Friday, 29 Aug 2014 | 5:51 AM ET

    KUALA LUMPUR, Malaysia— Key dates in the history of Malaysia Airlines from its start as a one route airline until its almost unfathomable double passenger jet disasters in 2014.. 1937— Malayan Airways Ltd., the forerunner of Malaysia Airlines, is formed to provide flights between Penang in Malaya and Singapore, both part of the British empire at the time.

  • *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.

  • Malaysia Airlines to cut 6,000 staff in overhaul Friday, 29 Aug 2014 | 3:16 AM ET

    KUALA LUMPUR, Malaysia— Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.

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

  • 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.

  • UPDATE 1-Malaysia Airlines posts Q2 net loss of $98 mln Thursday, 28 Aug 2014 | 7:48 AM ET

    KUALA LUMPUR, Aug 28- Malaysia Airlines on Thursday reported another financial loss and warned of poor second-half earnings, as passenger bookings tumbled in response to the loss of two aircraft in separate disasters this year.

  • Malaysia Airlines set for shakeup after disasters Wednesday, 27 Aug 2014 | 5:01 AM ET

    Khazanah Nasional, the state investment company that owns 69 percent of Malaysia Airlines, said in early August it will announce details of the overhaul by the end of this month. A substantial revamp has long been on the cards for Malaysia Airlines, which was struggling with chronic financial problems even before it was hit by the double disasters this year.

  • KUALA LUMPUR, Aug 28- As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in grief.

  • KUALA LUMPUR, Aug 27- As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in grief.

  • Even if attacked, airline could be liable in crash Tuesday, 26 Aug 2014 | 5:26 AM ET

    Families of passengers who were on the Malaysia Airlines plane shot down over Ukraine are starting to sort through the long process of gaining compensation for their loss.

  • Tony Fernandes, CEO of AirAsia, explains why he's still upbeat about the airline's business in Thailand despite making a loss for the first time in the second quarter.

  • Here's the downside to Malaysia Q2 GDP     Friday, 15 Aug 2014 | 12:32 AM ET

    Philip McNicholas, ASEAN Economist at BNP Paribas, says the robust second quarter growth in Malaysia's manufacturing and mining sectors may not be sustainable.

  • Ebola toll much higher than first thought: WHO Thursday, 14 Aug 2014 | 8:13 PM ET

    Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak.

  • *Guinea declares health emergency over virus. CONAKRY, Aug 14- Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak, the U.N. agency said on its website on Thursday.

  • *US orders embassy family members to leave Sierra Leone. An estimated 377 people have died in Guinea since the world's worst outbreak of Ebola began in March in remote parts of a border region near Sierra Leone and Liberia.