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  • KUALA LUMPUR, July 3- Malaysian Prime Minister Najib Razak on Friday denied taking money from state fund 1 MDB or any other entity for personal gain, after a media report said investigators traced nearly $700 million to bank accounts that were allegedly in his name. The Wall Street Journal's report, if true, would be the first time the beleaguered prime minister...

  • *1 MDB says never provided funds to Prime Minister Najib. KUALA LUMPUR, July 3- Malaysian Prime Minister Najib Razak slammed a newspaper report that said investigations into troubled state fund 1 MDB have traced nearly $700 million of deposits into accounts that allegedly belonged to him, claiming it was a "continuation of political sabotage.

  • *Index at 74.4 in June, lowest since May 2014; May was 75.6. BANGKOK, July 2- Thai consumer confidence slipped to a more than one-year low in June dampened by economic uncertainty, falling exports, low commodity prices and drought, a university survey showed on Thursday. The consumer confidence index of the University of the Thai Chamber of Commerce fell to 74.4 in...

  • A crowd-sourcing site has been set up by Anti-Slavery International to help victims rescued as a result of an Associated Press investigation, which found seafood from slaves in the supply chains of U.S. restaurants and supermarkets. A Bangkok- based nonprofit that helps exploited workers access support services and challenges human trafficking in...

  • BANGKOK— A Thai ice cream company owned by Unilever has apologized for using a derogatory term for gay men in a Facebook posting marking the U.S. Supreme Court's ruling on same-sex marriage, a spokeswoman said Monday. The illustration, posted a day after the U.S. Supreme Court legalized same-sex marriages, caused an online uproar in Thailand, with some...

  • *May trade surplus $2.42 bln vs poll's $500 mln surplus. BANGKOK, June 26- Thailand reported poor trade numbers for May, showing that the country's long-sputtering growth engine still is not helping the struggling economy get on track. Exports, which equal more than 60 percent of the economy, fell 5.01 percent in May from a year earlier, the Commerce Ministry said on...

  • SINGAPORE, June 26- Surprisingly strong rains in an El Nino year, typically marked by droughts in parts of Asia, have eased concerns of a lower crop output in the region. While the forecast is for an equally severe dryness this year, recent rains have buoyed farming in India, China and Australia. "Indian monsoon is on track, in fact it has been better than expected, and we...

  • And the rebound "is going to be capped," says HSBC economist Fred Neumann, because of changes in the world economy, including how American consumers are "much more frugal" than a decade ago. Asian exports to the United States have risen this year, but Neumann says such growth now is more driven by investment in software development and shale-oil drilling than by...

  • BANGKOK, June 4- Thai consumer confidence slipped for a fifth straight month in May, a university survey showed on Thursday, as low commodity prices and worries over the faltering economy hurt consumption. The consumer confidence index of the University of the Thai Chamber of Commerce fell to 75.6 in May from 76.6 in April. One year after the coup, Southeast Asia's...

  • Bangkok will reclaim top tourist spot title: MasterCard Wednesday, 3 Jun 2015 | 9:45 PM ET
    Bangkok will reclaim top tourist spot title: MasterCard

    Eric Schneider, Group head for APAC at MasterCard Advisors, says Bangkok's tourism sector is seeing rapid recovery and will reclaim its title as the world's most visited city "very shortly."

  • Meth cheaper than a Whopper meal in much of Asia Monday, 1 Jun 2015 | 2:36 PM ET
    Bags of methamphetamine pills seized by the Thai narcotic police department are seen on display before being incinerated in Ayutthaya on September 17, 2011.

    Even Asia's most destitute peasants can now afford meth if they're willing to forego food for a day, GlobalPost reports.

  • *Don't single us out as cause of influx, says Myanmar. BANGKOK, May 29- Southeast Asian nations agreed on Friday to intensify search and rescue efforts to help vulnerable "boat people" stranded in the region's seas, as Myanmar said its navy had seized a vessel off its coast with more than 700 migrants aboard. More than 4,000 migrants have landed in Indonesia, Malaysia,...

  • JAKARTA, May 29- A slide in the Philippines' economic growth to its weakest in three years wraps up a slew of dismal data from Southeast Asia and adds pressure on governments to unleash some of their fiscal spending firepower given the limitation of monetary policy now. "Monetary policy has lost its punch... but we're not really seeing the fiscal authorities step up,"...

  • BANGKOK, May 28- Thai factory output tumbled more than expected in April, the latest evidence that the country's key economic engines remain wobbly and the junta is struggling to move the economy forward. With exports and domestic demand still weak, Southeast Asia's second-largest economy has not regained traction one year after the army took power to end...

  • Migrant crisis: Malaysia finds 139 mass graves Monday, 25 May 2015 | 4:05 AM ET
    Malaysia Inspector-General of Police Khalid Abu Bakar speaks to the media during press conference announcement of a suspected mass grave site of ethnic Rohingyas between the Malaysia-Thailand borders.

    Malaysia uncovers 139 graves thought to contain the remains of migrants scattered around suspected human trafficking camps.

  • Ex-Thai PM: Time to end constitutional debate Sunday, 24 May 2015 | 6:38 PM ET
    Ex-Thai PM: Time to end constitutional debate

    Abhisit Vejjajiva, former Prime Minister of Thailand, says a referendum will help to eradicate any questions about the constitution's legitimacy and avoid further conflicts.

  • Thailand coup one year on: Stable but stuck? Friday, 22 May 2015 | 12:51 AM ET
    Thai soldiers parade during celebrations of the Royal Thai Armed Forces Day at a military base in Bangkok, Thailand on January 18, 2015

    One year after Thailand's coup, politics may have stabilized, but investors are cautious amid doubts over when the military junta might relinquish power.

  • Amid volatility, Thai stocks look attractive: CLSA Friday, 22 May 2015 | 12:39 AM ET
    Amid volatility, Thai stocks look attractive: CLSA

    Prinn Panitchpakdi, Thailand Country Head at CLSA, says Thai markets offer opportunities for long-term investors based on historical price-to-earnings and price-to-book valuations.

  • Why Nomura cut its 2015 GDP forecast for Thailand Friday, 22 May 2015 | 12:16 AM ET
    Why Nomura cut its 2015 GDP forecast for Thailand

    Rob Subbaraman, chief economist, Asia ex-Japan at Nomura, says the Bank of Thailand is "overburdened" and more measures to help the economy must come from the fiscal policy and reforms.

  • SET CEO: This is propping up Thai stocks Thursday, 21 May 2015 | 11:40 PM ET
    SET CEO: This is propping up Thai stocks

    Kesara Manchusree, president & CEO of SET, says robust interest from Thailand's retail investors helped the benchmark SET index to withstand last year's political crisis.