Asia-Pacific News Southeast Asia

  • A Lion Air 737 MAX jet crashed into the Java Sea shortly after take-off from Jakarta on Oct. 29, 2018, killing all 189 people on board. The families of victims of the first crash will be briefed before the report into the loss of Lion Air flight 610 is made public, Indonesian National Transportation Safety Commission press officer Anggo Anurogo told reporters on...

  • JAKARTA, Oct 21- Indonesia plans to share a final report into a deadly Boeing Co 737 MAX crash with the families of victims on Wednesday, according to a spokesman for the country's air accident investigator. Indonesian National Transportation Safety Commission press officer Anggo Anurogo on Monday told reporters that the families would be briefed before the...

  • DUBAI, Oct 21- Iran rejects Turkey's establishing of military posts inside Syria, Iranian Foreign Ministry spokesman Abbas Mousavi said on Monday, adding that the integrity of Tehran's key regional ally should be respected. Vice President Mike Pence to a five-day pause in an offensive into northeastern Syria, to allow time for the Kurdish fighters to withdraw...

  • DUBAI, Oct 21- Iran rejects Turkey's establishing of military posts inside Syria, Iranian Foreign Ministry spokesman Abbas Mousavi said on Monday, adding that the integrity of Tehran's key regional ally should be respected. "We are against Ankara's establishing of military posts in Syria... Turkey's President Tayyip Erdogan said on Saturday Ankara would press...

  • IRAN'S FOREIGN MINISTRY SPOKESMAN MOUSAVI SAYS TEHRAN REJECTS TURKEY ESTABLISHING MILITARY POSTS IN SYRIA- TV.

  • JAKARTA, Oct 21- Gojek CEO and co-founder Nadiem Makarim said on Monday he had resigned to join Indonesia's cabinet, and the ride-hailing and payments company said two senior officials would jointly take over running operations of the $10 billion firm. Makarim said he and Widodo had spoken about "directions to develop Indonesia in the future" including in "human...

  • JAKARTA, Oct 21- Gojek CEO and co-founder Nadiem Makarim said on Monday he had resigned from the ride-hailing and payments company to join the cabinet of Indonesian President Joko Widodo, raising questions over who will take over leadership of the $10 billion unicorn. The Indonesian company, valued at $10 billion, raised over $1 billion earlier this year from...

  • Garment factory workers working in a factory in Hanoi, Vietnam on May 24, 2019.

    Vietnam is targeting a GDP growth of 6.8% and will keep inflation below 4% next year, the country's prime minister says. That's despite its open economy and exposure to external risks.

  • KUALA LUMPUR, Oct 21- Malaysian Prime Minister Mahathir Mohamad said on Monday his exports-reliant country could be hit with trade sanctions amid rising protectionism highlighted by the U.S.- China tariff war. "Unfortunately, we are caught in the middle," he told a conference in the capital Kuala Lumpur, referring to the U.S.- China trade war.

  • Tao Zhang, deputy managing director of the IMF, discusses the emerging Asian economy.

  • *Beirut scrambles for dollars; more pain expected. BEIRUT, Oct 18- Lebanon is closer to a financial crisis than at any time since at least the war-torn 1980 s as allies, investors and this week nationwide protests pile pressure on the government to tackle a corrupt system and enact long-promised reforms. Foreign Minister Gebran Bassil said in a televised speech on...

  • JAKARTA, Oct 18- Indonesia launched an international aid agency on Friday to strengthen its regional diplomatic relations, some of which have been strained by Jakarta's approach to the restive Papua region. Several Pacific nations have backed calls for investigations into allegations of violence by security forces in Indonesia's easternmost region,...

  • *Chinese premiums ease to $4.75- $5.25/ oz from $5- $8. BENGALURU/ MUMBAI, Oct 18- Gold discounts in India narrowed to a four-month low this week as some consumers took advantage of a modest dip in domestic prices to buy bullion ahead of a festival next week, while other Asian hubs saw limited activity. Gold futures in India were trading around 38,050 rupees per 10 grams...

  • Asean will continue to thrive, says CEO

    Chong Kok Keong of Global eTrade Services says trade within the Southeast Asian region is "vibrant and growing."

  • Secretary of State Mike Pompeo was due to meet Israeli Prime Minister Benjamin Netanyahu in Jerusalem on Friday, hours after Turkey agreed with the United States to pause its offensive on Kurdish forces in Syria. Turkey launched its assault against the Kurdish YPG militia in Syria last week after President Donald Trump pulled a U.S. contingent out of the way,...

  • Its overall profit rose 3%, topping Wall Street expectations by a healthy margin. However, the factors that created such a difficult operating environment during the quarter have not gone away, Chief Executive James Gorman and Chief Financial Officer Jonathan Pruzan said on a call to discuss earnings. They suggested the trade dispute between the United...

  • Oct 17- Morgan Stanley capped quarterly earnings from big U.S. banks with a higher-than-expected profit on strength in bond trading and M&A advisory, easing concerns that market turmoil would weigh on banks' Wall Street- related businesses. Gorman, however, added that he remained cautious given the ongoing trade talks between the United States and China and low...

  • *Ministries discussing potential content regulation. NEW DELHI/ MUMBAI, Oct 17- India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters. While film and TV certification bodies already moderate public content in India, the country's laws do not allow censorship of...

  • Net income attributable to the company rose marginally to $2.17 billion, or $1.27 per share, in the third quarter ended Sept. 30, from $2.11 billion, or $1.17 per share, a year ago. Net revenue inched up to $10 billion from $9.9 billion. Analysts were expecting a profit of $1.11 per share on revenue of $9.6 billion, according to IBES data from Refinitiv.

  • Oct 17- Iran- backed militias deployed snipers on Baghdad rooftops during the Iraqs deadliest anti-government protests in years, two Iraqi security officials told Reuters. The Iraqi security sources told Reuters that the leaders of Iran- aligned militias decided on their own to help put down the mass protests against the government of Iraqi Prime Minister...