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Malaysia

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  • It includes deployment of American Marines in Darwin, Australia, stepped up U.S. naval visits to the Philippines and many more joint drills with that nation's armed forces, as well as the lifting of a ban on lethal weapons sales to Vietnam. But just as Washington seeks to expand American interests in Asia as a counterpoint to China's growing influence, some U.S....

  • LONDON, Nov 4- European shares gained ground and core bond yields dipped on Tuesday following a raft of company trading updates, bucking a more muted trend in Asia and the United States as oil prices extended their fall and economic growth fears lingered. U.S. crude oil was trading down by more than $1 at $77.61 a barrel, while Brent crude futures also fell to $83.66,...

  • *Kuwait close to cutting diesel, kerosene subsidies. *Oman says may start subsidy cuts next year. Officials in Kuwait and some other Gulf Arab states may face more public indignation in coming months.

  • KUALA LUMPUR, Nov 1- Two children of a passenger on Malaysian Airlines Flight MH370 have sued the company and the Malaysian government for damages, the first lawsuit to be filed over the aircraft which disappeared in March. The two Malaysian boys, aged 13 and 14, filed the suit at the High Court registry, also naming the heads of the Department of Civil Aviation, the...

  • Saudi budget carrier flynas suspends long-haul services Tuesday, 28 Oct 2014 | 12:44 PM ET

    RIYADH, Oct 28- Saudi Arabia's first and only budget airline, flynas, has suspended long-haul flights because profits on the routes did not meet expectations, chief executive Raja Azmi said on Tuesday. In April this year, flynas said its growth strategy would focus on developing long-haul flights to five or six new destinations including London, Manchester,...

  • *Thailand is world's biggest exporter, producer of rubber. BANGKOK, Oct 17- Thailand's government has announced a series of measures to support rubber farmers reeling from a slump in global prices to five-year lows, helping push up futures in Tokyo and Shanghai by almost 5 percent at one stage on Friday. The steps announced late on Thursday include nearly $1...

  • How Malaysia is attracting foreign investors  Monday, 13 Oct 2014 | 10:39 PM ET

    Abdul Wahid Omar, Minister in Malaysia's Prime Minister's Department, discusses the impact from Malaysia Airlines' twin tragedies and outlines how the country is wooing foreign investors.

  • *Malaysia to build rubberised roads from June 2015. *Vietnam says supports price floor of $1.50/ kg. While third-biggest rubber grower Vietnam became the latest, after other major players Thailand and Malaysia, to support the minimum-price plan, skepticism remains on how effective it will be as similar acts of co-ordination have failed before.

  • KUALA LUMPUR, Oct 10- Malaysia's government looked to shore up its support base on Friday by announcing a budget that took the sting out of cuts to fuel subsidies and a new consumer tax by announcing lower income taxes and more money for assistance programs. While Malaysia's economy is on a strong growth trajectory- GDP is forecast to grow 5.0 to 6.0 percent in 2015...

  • Three-way merger creates Malaysia's banking giant  Thursday, 9 Oct 2014 | 9:37 PM ET

    CIMB, RHB Capital and Malaysia Building Society have agreed to a deal that will give way to Malaysia's biggest bank. Matthew Phan, Analyst, Asia-Pacific Banks at Creditsights, discusses.

  • South China Sea: Lots of oil, lots of uncertainty Thursday, 9 Oct 2014 | 12:56 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.

    The area is expected to hold billions of barrels of oil and trillions of cubic feet of gas, but energy firms are tentative about the region.

  • *Deal will involve share swap between CIMB and RHB- sources. SINGAPORE/ KUALA LUMPUR, Oct 9- Malaysia's CIMB Group Holdings Bhd and two smaller domestic lenders have agreed to create the country's biggest banking group, with deal terms set to be worked out over the next year, sources with direct knowledge of the matter said. Proposals submitted to the central bank...

  • HANOI, Oct 9- Pirates that captured a Vietnamese oil tanker last week after it left Singapore have released the vessel, the company that owns the ship said on Thursday. "Officers from Vietnam's coast guard approached the ship and are escorting it to Phu Quoc island as two crew members have been injured," said Diep. The Sunrise 689 had vanished from radar 40 minutes...

  • The Sunrise 689, which had a crew of 18 people and was carrying over 5,000 tonnes of gas oil, vanished from radar 40 minutes after leaving Singapore on Oct. 2 when it was bound for Quang Tri province in central Vietnam. The ship is owned by Vietnam's Haiphong Sea Product Shipbuilding Co, which said its last known location was 115 nautical miles northeast of...

  • Dariusz Kowalczyk, Senior Economist & Strategist at Asia ex-Japan, Credit Agricole, explains why the South Korean won and Malaysian ringgit offer buying opportunities.

  • KUALA LUMPUR/ JAKARTA, Oct 3- September marked a turning point for Southeast Asia's foreign exchange and stock markets, ending a six-month run of capital inflows as the dollar's broad rally drew investors' attention to the currency risk and exalted valuations in these markets. Even though the cumulative net foreign investment was positive in the four...

  • Vietnam to US: Sell us some weapons, please Thursday, 2 Oct 2014 | 2:50 PM ET
    P-3 Orion aircraft

    The U.S. lifted an arms embargo against its old enemy. But that doesn't mean U.S.-made weapons will sell there.

  • Malaysian pewter giant sets sights on China  Thursday, 25 Sep 2014 | 8:53 PM ET

    CNBC's Christine Tan speaks to the fourth-generation leaders behind the world's largest pewter maker Royal Selangor about their expansion plans in the mainland.

  • 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.

  • The world agrees: Governments are corrupt Monday, 22 Sep 2014 | 12:00 AM ET

    In a world riven by differences, there's still plenty of common ground when it comes to public attitudes about major institutions.