Central bankers from the U.S., India and Malaysia pointed to debt as a key factor holding back the global economic recovery from the financial crisis.
Malaysia Prime Minister Najib extended his policing powers with a tough new security law taking effect Monday, spurring concerns over civil liberties.
China and Russia will hold "routine" naval exercises in the South China Sea in September, China's Defense Ministry said on Thursday.
*Officials say smuggling in Iraq down 90 pct since 2014 peak. BAGHDAD, July 28- Islamic State, pushed off more than half the Iraqi territory it seized in 2014, has suffered a near collapse in revenue from oil smuggling, officials say, forcing it to cut fighters' pay, levy new taxes and raise fines for breaking its religious code. At one point it made millions of dollars a...
*Adani Group building India's first transshipment port. *India expects to save millions of dollars in detour costs. New Delhi will grant billionaire Gautam Adani 16 billion rupees so-called "viability gap" funding to help the new port at Vizhinjam, on India's southern tip, win business from established hubs elsewhere in Asia.
The bank is facing a suit by a former client over alleged fraud involving links to Malaysian Prime Minister Najib Razak.
The troubled state fund says the accounting firm gave a resignation notice in February.
Malaysia's troubled wealth fund 1MDB has revealed that Deloitte told it in February it would quit as auditor as soon as a replacement was found.
Goldman Sachs is being sued by a shareholder of one of its former clients over alleged fraudulent misrepresentations that involve links to the prime minister of Malaysia.
The Philippines pushed hard for The Hague's ruling to be included a joint ASEAN statement, Manila's foreign minister said.
Now, the head of Turkey's second army, responsible for its borders with Syria and Iraq, is in prison in Duzce, some 216 km east of Istanbul, the most senior serving general arrested for suspected involvement in a failed military coup. But it exposed and exacerbated divisions within the second largest military in the NATO alliance, raising questions about its...
A potential President Donald Trump would be almost as painful for Asia as for his usual whipping boy, Mexico, Nomura has warned.
A planned high-speed rail connecting Singapore and Kuala Lumpur is a feather in the cap for ASEAN but profitability could be a major issue.
The search for MH370 will be "suspended" if the plane is not found in the current search area, Reuters reports.
With the Brexit causing a U.K. investment slowdown, some start-ups are looking to Asia for their next funding round.
In Malaysia, there does not seem to be any protest or challenge against Najib Razak over DOJ's lawsuit linked to 1MDB, says IDEAS' Wan Saiful Wan Jan.
UBS, DBS and Standard Chartered have become embroiled in the 1MDB scandal, with Singapore's central bank saying it had found lapses related to the fund.
Eurasia Group's Achmad Sukarsono explains that Malaysian voters do not see a strong opposition to UMNO, Najib Razak's ruling party.
Sources told Reuters the Malaysian PM was "Malaysian Official 1," as the U.S. also sought to seize proceeds from "Wolf of Wall Street."
*Malaysia Attorney General says no evidence of misappropriation. *Singapore seizes $240 million in 1 MDB-related funds. KUALA LUMPUR/ WASHINGTON, July 21- Malaysian Prime Minister Najib Razak said on Thursday judgment should be withheld until all the facts are known after the U.S. government filed lawsuits seeking to seize $1 billion in assets bought with...