China and Russia will hold "routine" naval exercises in the South China Sea in September, China's Defense Ministry said on Thursday. » Read More
Economists warn delayed investment decisions and a hit to jobs and consumption from Brexit will hurt exports from Asia's trade-reliant economies, which are already reeling from weak external demand, particularly from China. "The uncertainty of the EU and UK relationship is likely to put a dampener on Asia's exports to that region, perhaps extending Asia's...
ZURICH, July 2- Swiss drugmaker Roche plans to cut around 350 IT jobs by the end of 2017, a spokesman said on Saturday, confirming a report by the Basler Zeitung newspaper. Roughly 100 positions will be cut in Switzerland with another 100 in the United States, the spokesman said, adding the rest of the cuts would be spread across a number of countries, mostly in Europe.
Xi Jinping used the Communist Party's 95th birthday to warn that the biggest threats to the ruling Communist Party are corruption and security.
UOB became the first bank in Singapore to suspend its loans program for London properties in the wake of uncertainties caused by Brexit.
Malaysian anti-corruption authorities said they had arrested on Wednesday a senior national opposition leader who has been under investigation.
Top Glove Executive Chairman Lim Wee Chai explains that Brexit actually benefits the glove manufacturer because its sales are in U.S. dollars.
KUALA LUMPUR, June 27- The driver of a Honda City in Malaysia possibly died from a ruptured airbag after her car was involved in a "minor accident" over the weekend, local daily The Star reported on Monday. Just last week, Honda Motor Co Ltd recalled 147,894 vehicles in Malaysia to replace front passenger air bag inflators, as part of a global recall involving...
*In March, RSPO withdrew certification from Malaysia's IOI Group. Green groups are likely to welcome stricter audits as the right step towards curbing deforestation, habitat destruction and human rights abuses across plantations in top growers Indonesia and Malaysia. The industry has already been shaken by RSPO's decision to withdraw its sustainability...
Malaysia's ruling coalition coasted to victory in two by-elections, defying a political movement led by former premier Mahathir Mohamad.
The Indonesian central bank had telegraphed an easing bias in May and could cut rates again Thursday, says HSBC's Andre De Silva.
Mahathir Mohamad wants Razak removed from office for 'actively and deliberately' trying to derail investigations.
Malaysia's prime minister denied accusations of graft and interfering in probes of troubled fund 1MDB, documents in a lawsuit show, Bloomberg reported.
The Department of Financial Services seeks information pertaining to the bank's Malaysian 1MDB dealings.
Here's how a country with a small population, living in an area only a little bigger than Indiana, became a consumer goods powerhouse.
The proceeds of a $3 billion bond sale by a troubled Malaysia state fund didn't pass through any Singapore bank, the city-state's central bank said.
The probe revolves around the $3-billion raised by Goldman through a bond issue for the state investment fund.
At issue is whether Goldman violated the law when it didn't inform regulators about a potentially suspicious transaction involving 1MDB, the WSJ reports.
The International Lead and Zinc Study Group, for instance, estimates that mine output outside of China contracted by 9.5 percent in the first quarter. Now there are signs of tightness creeping into the London refined zinc market, with cash metal commanding a small $2.00 per tonne premium over three-month prices over the last couple of days.
*China official PMI shows factory activity barely grew. BEIJING/ TOKYO, June 1- Factory activity in Asia failed to speed up in May as the region's export-driven businesses struggled for new orders in a slow global economy, surveys released on Wednesday showed. Output in China, the world's second largest economy, barely improved from a month earlier, while Japan, the...
The timing of any declaration would depend on security conditions in the region, the South China Morning Post reports.