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  • KUALA LUMPUR, May 11- Malaysia's new central bank governor said he was confident the government would honour all its debt obligations, as a deadline loomed on Wednesday for troubled state fund 1 MDB to make a coupon payment on a $1.75 billion bond. 1 Malaysia Development Berhad has to make a payment on a $1.75 billion bond on Wednesday, but there was no indication...

  • BUDAPEST- Hungarian central bank holds non-rate-setting meeting. BUDAPEST- Hungarian central bank Deputy Governor Marton Nagy talks to journalists on state self-financing- 1200 GMT. WEDNESDAY, MAY 11 LONDON- Reserve Bank of India Governor Raghuram Rajan gives a lecture on "Rethinking the Global Monetary System" at the London School of Economics- 0900 GMT.

  • Najib Razak wins Sarawak elections despite 1MDB scandal

    The elections allow Razak to maintain the status quo and contain political risks from his ties with troubled state fund.

  • KUALA LUMPUR, May 8- Malaysia's ruling coalition secured a landslide victory in the Borneo state of Sarawak on Saturday after a campaign led by the prime minister, who is facing a financial scandal involving a state-owned fund. But the coalition's win is largely credited to the popularity of Sarawak's Chief Minister Adenan Satem, who took over the reins in 2014..

  • *Election in resource-rich Sarawak state takes place Saturday. MIRI, Malaysia, May 5- Malaysia's prime minister is going all out to secure a resounding victory in Sarawak when the country's largest state goes to the polls this Saturday, seeking to put a year of turmoil at government investment fund 1 MDB behind him. "This is a good example of our continued high...

  • 1MDB board of advisers to be dissolved

    Malaysia's finance ministry announces its decision to dissolve the board of advisers at 1Malaysia Development Berhad.

  • *Country in a' sort of healing mode'- economist. JAKARTA, May 4- Indonesia reported lower than expected growth in the first quarter, but many economists still expect enough of a rebound this year that the country can avoid further slowing and grow more than 5 percent in 2016.. The statistics bureau said on Wednesday that Southeast Asia's largest economy expanded an...

  • Asia's economies may have been dragged by a slowdown in China, but they'll still power most of the world's growth, the IMF said Tuesday.

  • ATM cash machines outside a branch of the Royal Bank of Scotland in Edinburgh.

    Switzerland opened a probe of RBS related to alleged corruption at Malaysian state investment fund 1MDB, sources said. The Financial Times reports.

  • Chinese dredging vessels are purportedly seen in the waters around Mischief Reef in the disputed Spratly Islands in the South China Sea in this still image from video taken by a P-8A Poseidon surveillance aircraft provided by the United States Navy May 21, 2015.

    China is intensifying its diplomatic campaign to win ­support ahead of an international ruling over disputed islands, the South China Morning Post reports.

  • A pedestrain passes by Bank Negara Malaysia Building in Kuala Lumpur, Malaysia.

    Muhammad, who is currently a deputy governor, will take over effective May 1, according to a statement from the Prime Minister's office.

  • 1MDB says some bonds are now in default

    1Malaysia Development Berhad says it failed to pay a $50.3 million coupon on a $1.75 billion bond.

  • 1mdb

    The 1MDB scandal affects market sentiment, but is not a systemic risk to Malaysia's credit rating, says Moody's Investors Service' Atsi Sheth

  • *Malaysia, Vietnam, Indonesia among countries eyeing new jets. SINGAPORE/ KUALA LUMPUR, April 22- With an eye on China's more muscular stance in the South China Sea, Southeast Asian governments are stepping up efforts to replace aging fighter aircraft fleets, paving the way for multi-billion dollar deals in a boon for warplane makers. Despite tight budgets across...

  • The abrupt exit of Malaysia Airlines' German boss has revived debate in Malaysia over the wisdom of picking a foreigner to run its ailing carrier.

  • *Malaysia, Vietnam, Indonesia among countries eyeing new jets. SINGAPORE/ KUALA LUMPUR, April 22- With an eye on China's more muscular stance in the South China Sea, Southeast Asian governments are stepping up efforts to replace ageing fighter aircraft fleets, paving the way for multi-billion dollar deals in a boon for warplane makers. Despite tight budgets...

  • *Indonesian, Malaysia, Philippines ministers to meet. JAKARTA, April 21- Indonesia fears piracy on a shipping route along its sea border with the Philippines could reach Somalian levels and has told vessels to avoid danger areas, officials said on Thursday, after a spate of kidnappings. Concerns over maritime attacks by suspected Islamist militants are...

  • Protesters demanding Prime Minister Najib Razak's resignation during an August rally in Kuala Lumpur.

    The financial structure of Malaysian state investment vehicle 1MDB was unsustainable from the very start, according to a top government minister.

  • KUALA LUMPUR, April 20- Malaysian palm oil futures rose for a third consecutive day on Wednesday, tracking a rally in alternative vegetable oils to reach a near two-week high. It earlier hit an intraday peak of 2,733 ringgit, the highest since April 7. Among alternative oils, the September soybean oil contract on the Dalian Commodity Exchange gained 1.6 percent,...

  • Christoph Mueller, chief executive officer of Malaysian Airline System, speaks during an interview on the sidelines of the Singapore Airshow Aviation Leadership Summit in Singapore, on Monday, Feb. 15, 2016.

    Malaysia Airlines boss Christoph Mueller will leave in September, well before the end of his three-year contract.