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Malaysia

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  • Malaysia Airlines gets new boss: CEO of Aer Lingus Friday, 5 Dec 2014 | 9:52 PM ET

    Malaysia's government said Friday it has picked Christoph Mueller, the CEO of Ireland's Aer Lingus, as the new head of its beleaguered flag carrier.

  • Oil prices could fall another $5 to $10: Pro   Tuesday, 2 Dec 2014 | 10:14 PM ET
    Oil prices could fall another $5 to $10: Pro

    Tan Min Lan, APAC Regional Head of the Chief Investment Office, says further declines in oil prices will be positive for global risk assets.

  • Dec 2- Shares in MOL Global Inc, the first Malaysian company to list in the United States, fell more than 60 percent on Monday after the online payments company reported accounting errors at its Vietnam unit and a 61.5 percent fall in net profit. The company, majority owned by billionaire Vincent Tan and the sultan of the Malaysian state of Johor, is now trading 80...

  • Correction coming for US dollar?   Monday, 1 Dec 2014 | 12:32 AM ET
    Correction coming for US dollar?

    Jonathan Cavenagh, Senior FX Strategist at Westpac, explains why he's not diving into any long-dollar positions at current levels.

  • The good, bad, and the ugly of falling oil   Thursday, 27 Nov 2014 | 9:31 PM ET
    Asia: The good, bad and ugly of falling oil

    Taimur Baig, Chief Economist for Asia at Deutsche Bank, warns countries like Australia and Malaysia rely on commodity exports and could be hurt from lower oil prices.

  • Maybank Q3 net profit falls 8% on year   Wednesday, 26 Nov 2014 | 10:43 PM ET
    Maybank Q3 net profit falls 8% on year

    David Marshall, Senior Analyst for Asia-Pacific Financials at CreditSights, discusses the Malaysian lender's latest report card.

  • Asia seeing impact of weak oil prices: ING   Wednesday, 26 Nov 2014 | 10:14 PM ET
    Asia seeing impact of weak oil prices: ING

    Tim Condon, Head of Research for Asia at ING Financial Markets, says the lower oil prices are giving governments opportunities to do pro-market reforms in countries like Malaysia and Indonesia.

  • SINGAPORE/ KUALA LUMPUR, Nov 24- Deutsche Bank has advised investor caution about shares in MOL Global Inc a day after it issued a buy recommendation for the Malaysian online payment firm it helped go public almost two months ago. MOL, majority owned by Malaysian billionaire Vincent Tan and the sultan of the southern state of Johor, did not provide further details...

  • *Thailand, Indonesia, Malaysia say to "manage" rubber exports. SINGAPORE, Nov 20- Top rubber producers Thailand, Indonesia and Malaysia have agreed to "manage" natural rubber exports to international markets to ensure there is no excess supply, they said in a joint statement on Thursday. The last time Thailand, Indonesia and Malaysia- which form the International...

  • AirAsia Q3 report card is 'commendable': RHB   Wednesday, 19 Nov 2014 | 10:21 PM ET
    AirAsia Q3 report card is 'commendable': RHB

    Ahmad Maghfur Usman, Analyst for Regional Transport Research at RHB Research, says AirAsia's net profit improved sharply on-quarter and saw improvements in the performance of its associates.

  • Nearly 18 months after the low-cost carrier, backed by Australia's Qantas Airways and Shanghai- based China Eastern Airlines, lodged an application for a licence, Hong Kong authorities are still weighing its approval. Budget airlines account for just 8 percent of the capacity out of Hong Kong, compared with 30 percent in Singapore and 50 percent in Kuala Lumpur...

  • HONG KONG, Nov 13- As a landmark investment scheme that links stock markets in Shanghai and Hong Kong draws nearer, the de facto central bank of the world's largest offshore yuan hub has rolled out a series of measures to ensure sufficient yuan liquidity. The move will make it a lot easier for retail investors to put money into yuan assets and participate in the...

  • ISTANBUL, Nov 12- Insurers from Europe, Asia and the United States are among some 20 potential bidders in the sale by Turkey's state-run Halkbank of its pension and insurance arms, three sources close to the process said on Wednesday. European firms Ageas, Aviva and Zurich Insurance, Japan's Meiji Yasuda, Nippon Life and Sompo Japan Insurance, Malaysia's Khazanah...

  • US alliances in Asia strained amid China's influence Saturday, 8 Nov 2014 | 9:57 PM ET
    President Barack Obama speaking at the White House, November 5, 2014.

    As Washington seeks to expand American interests in Asia, some U.S. partners have shown less willingness to challenge Beijing.

  • 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...