Malaysian palm oil exporters have stopped supplying most of the 30,000 metric tons of the food staple Iran used to buy each month from the Southeast Asian producer as fresh Western financial curbs on Tehran stymie payment procedures, two trading sources said.
Vessels bought during the global commodity boom are only now being delivered, putting pressure on the European banks that financed the purchases. The New York Times reports.
Following his acquittal, Anwar Ibrahim, Malaysia's Opposition Leader talks about the need for reforms in Malaysia.
International Living just released its Retirement Index for 2012, which determines foreign destinations offering retirees a high standard of living at a low price. CNBC.com highlights 10 of them.
By several measures, Asian currencies are bargains - but be careful.
All things considered, the best spots to launch a startup have a humming local economy, and attract the most venture capital.
The European debt crisis is worrisome but it is unlikely to pose a danger to major banks on the continent, Michael H. Tomalin, CEO of the National Bank of Abu Dhabi, told CNBC.
Stock markets in Asia continue to head south with little to signal a turnaround in the new quarter, but regional experts told CNBC investors should capitalize on attractively low valuations instead of piling cash.
Qantas Airways says it is canceling and delaying dozens of flights because of a strike by its ground workers and engineers. The Australian carrier says 8,500 domestic and international passengers will have their flights disrupted by Friday's strikes. Qantas says 39 flights will be delayed and two flights canceled.
Malaysia is trying to enhance opportunities for its more assertive multinationals as well as bolster investments from the West, the New York Times reports.
A Swiss rate cut dents the franc and Europeans go shopping — it's time for your FX Fix.
On a recent wind-whipped morning, a steel-hulled behemoth arrived at a desolate stretch of India’s western coast groaning with enough coal to power a city of one million people for more than two weeks. The New York Times reports.
Worries about the debt ceiling derail the dollar, and kiwis fall after trade data disappoints - it's time for your daily FX Fix.
Not a single Asian country with territorial claims in the South China Sea has installed an oil drill in the heart of the disputed region, but that might soon change.
The Malaysian economy’s low correlation to the rest of the world will help the country’s equities perform better in times of economic uncertainty and market volatility, says one analyst.
China's banks are unexpectedly fragile and the Royal Bank of Australia is a dove - it's time for your VEX Fix.
Japanese businesses are pessimistic and euro traders don't know what to think — it's time for your Friday FX Fix.
Strong medicine for Greece will jumpstart aid plans and currency investors' fears will ease, one strategist says.
Rising oil prices have created concerns about the cost of fuel subsidies across the region. Although these costs will increase, it is important to make distinctions based on each government’s ability to absorb the higher costs.
Rare earth prices are reaching rarefied heights. World prices have doubled in the last four months for rare earths — metallic elements needed for many of the most sophisticated civilian and military technologies, whether smartphones or smart bombs.