Ahmad Usman, equity analyst for regional transportation at RHB Research Institute, discusses the impact of the ringgit's decline and accounting issues on AirAsia's results.» Read More
The European Central Bank is likely to cut the deposit rate in December, which would push the euro lower, says Saktiandi Supaat, head of global FX strategy at Maybank.
Sian Fenner, senior economist at Oxford Economics, says while Joko Widodo's reforms are positive, a key risk is failure in their execution and implementation.
Adam Reynolds, CEO at Saxo Bank Group, expects range-bound trading in the near-term for emerging market currencies, warning that a strong rally isn't likely any time soon.
The Malaysian parliamentary speaker's ability to block the motion would prevent a no-confidence vote on the PM from passing, says Oh Ei Sun, senior fellow at the S. Rajaratnam School of International Studies at Nanyang Technology University.
Terence Gomez, professor at the University of Malaya, discusses the "intra-elite feuding" that caused senior politicans to turn against Prime Minister Najib Razak.
Frank Lavin, CEO of Export Now and former U.S. ambassador to Singapore, says it would be hard to remove PM Najib Razak without "specific legal redress."
Malaysia's parliament is not likely to deal with the 'no confidence' motion at all, says Wong Chen, Malaysian parliament member and member of the opposition party Parti Keadilan Rakyat.
*To sell most of ATMP ops in Suzhou, Penang. Oct 15- Advanced Micro Devices Inc said on Thursday it would sell most of its assembly and testing operations in two Asian cities, as the struggling chipmaker looks to cut spending amid weak demand for its processors for personal computer. AMD said it will sell 85 percent of its ATMP operations in Suzhou, China and Penang,...
Oct 15- Struggling chipmaker Advanced Micro Devices Inc said on Thursday it would form a joint venture with China's Nantong Fujitsu Microelectronics Co Ltd for assembly and testing operations. NFME will purchase an 85 percent share of AMD's Penang, Malaysia and Suzhou, China facilities, and AMD will receive about $371 million as part of the deal.
The poll also suggests that those few economies which have perked up this year, particularly the United States, the euro zone and Britain, are increasingly exposed to waning global demand and may not be able to maintain their momentum. "Worryingly, for the regions that have shown the most resilience- the U.S. and Europe- the outlook seems to become more clouded," wrote...
The weather phenomenon leads to hotter sea temperatures in the west Pacific Ocean, which means more rain falls on South America and less in Australia and South East Asia. A shorter monsoon in Indonesia the Philippines and Malaysia can help miners produce more tin, nickel and bauxite- key materials for the construction, transport and electronics industries.
The Malaysian and Indonesian currencies have been among the worst performing this year, but some analysts see signs that they'll stop moving together.
Malaysia's Prime Minister Najib Razak faces the toughest test of his political career when parliament reconvenes next week.
Goldman Sachs is caught up in a scandal tied to a troubled sovereign wealth fund in Malaysia after acting as an adviser.
Goldman Sachs' actions as an adviser to Malaysia's sovereign wealth fund 1MDB are being examined by U.S. authorities, The WSJ reports.
The central bank said 1MDB had secured permits for investment abroad based on inaccurate information, breaching regulations.
KUALA LUMPUR, Oct 9- Malaysia's central bank said on Friday it had urged the country's attorney general to begin criminal prosecution of troubled fund 1 MDB after completing its investigation, piling more pressure on Prime Minister Najib Razak who chairs the fund's advisory board. At the center of a political crisis over its debt of nearly 42 billion ringgit...
*Biggest growth seen in India. SINGAPORE/ DUJANA, India, Oct 9- Liquefied Petroleum Gas, long a niche product used by the poor to cook and the rich to barbecue, has become a rare bright spot amid a broad commodities rout, riding on the wave of strong economic growth in India and parts of Southeast Asia. The biggest growth market is India, with its 1.3 billion people and 8...
Bernard Ching, head of Malaysia Research at Alliance DBS, says the relief rally in the Malaysian market is driven by factors such as foreign investors, commodities and the Malaysian ringgit.
Asia's markets are rebounding from a selloff that sent some regional currencies to their lowest level since the Asian Financial Crisis in the late 1990s.