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Malaysia

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  • Asian Markets Slide, Japan and China Decline Thursday, 27 Mar 2008 | 6:09 AM ET
    Investors study shares prices during the morning trading at RHB private stock market gallery in Kuala Lumpur, Friday, Feb.3, 2006. Malaysia's key stock index rose Friday to a 15-week high as foreign funds plowed into key bluechips after a long holiday. The Composite Index of 100 blue chip stocks ended at 927.85 points, up 13.84 points or 1.5 percent from last Friday's close. (AP Photo) **MALAYSIA OUT**

    Asian markets ended mostly lower Thursday as financials slipped on worries over bank earnings, and after a drop in U.S. durable goods stoked concerns the world's top economy is already in a recession. Both Japan and China finished weaker.

  • Maybank Shares Dive After Pricey BII Purchase Thursday, 27 Mar 2008 | 12:46 AM ET

    Shares in Malaysia's biggest lender, Malayan Banking, tumbled to a 3-1/2-year low on Thursday after it offered to buy Bank Internasional Indonesia for $2.7 billion.

  • Stocks End Mixed, Tokyo Slips But Seoul Gains Wednesday, 26 Mar 2008 | 6:12 AM ET
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    Asian markets were mixed Wednesday, with Japan closing lower but South Korea edging up. The U.S. dollar sagged after the biggest drop in U.S. consumer confidence in five years cast doubt on the economy's resilience in the face of a housing and credit slump.

  • Malaysia's Maybank in $2.7 Billion Bid for BII Tuesday, 25 Mar 2008 | 10:34 PM ET

    Malaysian lender Malayan Banking, has secured a controlling stake in Indonesia's sixth-biggest lender, Bank Internasional Indonesia, for $1.5 billion, Maybank said on Wednesday.

  • Asian Markets Rally, Hong Kong Soars Over 6% Tuesday, 25 Mar 2008 | 6:58 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    Asian markets climbed Tuesday following news of JPMorgan's raised bid for Bear Stearns. Expectations for a recovery in U.S. credit markets cheered investors. Hong Kong stocks jumped over 6 percent and Japan finished over 2 percent higher.

  • Malaysia PM Vows to Speed Reform After Poll Setback Monday, 24 Mar 2008 | 11:46 PM ET
    Visiting Kazakhstan President Nursultan Nazarbayev, right, and Malaysian Prime Minister Abdullah Ahmad Badawi pose outside the latter's office in Putrajaya, outside Kuala Lumpur, Malaysia, Monday, June 26, 2006. Nazarbayev arrived in Malaysia Sunday for a three-day visit. (AP Photo/Bazuki Muhammad, Pool)

    Malaysia's prime minister vowed on Tuesday to speed up economic reform after voters gave his government a sharp wake-up call at elections this month.

  • Asian Markets Edge Forward, Taiwan Rallies Sunday, 23 Mar 2008 | 8:22 PM ET
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    Asian stocks ran flat to higher Monday. Japan and South Korea finished in the black. Trading activity was muted markets in Australia and Hong Kong closed for the Easter holiday. They will reopen Tuesday.  Friday was a holiday in the United States and around 40 other countries worldwide.

  • Asian Stocks Rise, Japan and South Korea Gain Over 1% Thursday, 20 Mar 2008 | 8:19 PM ET
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    Asian stocks were mostly stronger this Good Friday, following gains on Wall Street. Japan and South Korea both finished over 1% higher. Markets in Australia, Hong Kong, India, Indonesia and Singapore are closed for the Good Friday holiday.

  • Asian Markets Seesaw, China Swings Wildly Thursday, 20 Mar 2008 | 5:41 AM ET
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    Asian stocks bounced around in the afternoon session Thursday, with Chinese markets oscillating wildly, losing as much as 6.5% at one point, but swinging back into the black, now trading over 2% higher.

  • Asian Markets Rally, Australia Leaps 4% Wednesday, 19 Mar 2008 | 6:16 AM ET
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    Asian markets rallied on Wednesday as investors took a shine to the U.S. Federal Reserve's interest rate cut. Australia had a spectacular session, finishing 4% higher. Japan and South Korea both ended over 2% higher.

  • Fed Hopes Lift Asia Stocks, Japan Climbs Tuesday, 18 Mar 2008 | 5:58 AM ET
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    Asian stocks closed mostly higher Tuesday after Monday's selloff as battered financials regained some luster ahead of a Federal Reserve meeting that is expected to yield steep U.S. rate cuts. Japan finished 1.5 percent higher, but Australia closed flat.

  • Asian Markets Plunge on Credit Fears Monday, 17 Mar 2008 | 6:31 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian markets plunged Monday, but stocks were off session lows. Japan closed 3.7 percent lower and Hong Kong fell 5 percent.

  • Asian Markets End Mixed on Credit Uncertainty Friday, 14 Mar 2008 | 6:23 AM ET
    Investors study shares prices during the morning trading at RHB private stock market gallery in Kuala Lumpur, Friday, Feb.3, 2006. Malaysia's key stock index rose Friday to a 15-week high as foreign funds plowed into key bluechips after a long holiday. The Composite Index of 100 blue chip stocks ended at 927.85 points, up 13.84 points or 1.5 percent from last Friday's close. (AP Photo) **MALAYSIA OUT**

    Asian stocks ended mixed Friday as investors were uncertain about whether the worst was indeed over for credit markets. Japan shed 1.5 percent but Australia managed to hang on to gains closing 1.4 percent higher.

  • Asian Stocks Sink on Carlyle Default Thursday, 13 Mar 2008 | 6:29 AM ET
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    Asian markets sank Thursday with investors spooked by news that Netherlands-listed fund Carlyle Capital, expects its lenders to seize its assets and cause its likely liquidation. Carlyle Capital is an affiliate of private equity firm Carlyle Group.

  • Asian Stocks End Higher on Fed-Inspired Rally Wednesday, 12 Mar 2008 | 6:32 AM ET
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    Asian stocks closed firmly higher Wednesday, though off their earlier highs, after the U.S. Federal Reserve, in a joint effort with other central banks, said it would add up to $200 billion in funds to help resuscitate strained credit markets.

  • Asian Markets Swing Into Black, Japan Adds 1% Tuesday, 11 Mar 2008 | 6:28 AM ET
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    Asian markets moved out of negative territory and closed higher Tuesday. Japan and South Korea both ended over 1 percent higher despite initial sharp losses during the morning.

  • Malaysia Opposition Set to Rule in Five States Tuesday, 11 Mar 2008 | 12:27 AM ET
    Visiting Kazakhstan President Nursultan Nazarbayev, right, and Malaysian Prime Minister Abdullah Ahmad Badawi pose outside the latter's office in Putrajaya, outside Kuala Lumpur, Malaysia, Monday, June 26, 2006. Nazarbayev arrived in Malaysia Sunday for a three-day visit. (AP Photo/Bazuki Muhammad, Pool)

    Opposition parties were getting ready to take power in five of Malaysia's 13 states on Tuesday, putting the country in uncharted waters with the government facing real competition for the first time.

  • Investors study shares prices during the morning trading at RHB private stock market gallery in Kuala Lumpur, Friday, Feb.3, 2006. Malaysia's key stock index rose Friday to a 15-week high as foreign funds plowed into key bluechips after a long holiday. The Composite Index of 100 blue chip stocks ended at 927.85 points, up 13.84 points or 1.5 percent from last Friday's close. (AP Photo) **MALAYSIA OUT**

    Asian stocks slumped to a seven-week low Monday, following a fall in U.S. stocks last Friday, after data showed employment fell in February at its fastest rate in five years, heightening worries about the economy.

  • Malaysia PM Won't Resign Despite Poll Debacle Sunday, 9 Mar 2008 | 9:46 PM ET
    Abdullah Ahmad Badawi

    Malaysia's premier said on Sunday he has no plan to step down after leading his ruling coalition to its worst election result in decades, despite calls by his influential predecessor for him to quit.

  • Malaysia PM Calls for Early General Elections Wednesday, 13 Feb 2008 | 2:11 AM ET

    Malaysia's premier called for fresh elections on Wednesday, kicking off a campaign likely to be dominated by racial issues as religious tension rises in the southeast Asian nation.