Asia-Pacific News Southeast Asia

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    Malaysian opposition figure Anwar Ibrahim has been freed on police bail, his lawyers said , but Anwar could still be charged for sodomy at a later date.  As a condition of the bail, Anwar has to report to police on Aug. 18 unless the authorities decide otherwise.

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    Malaysian opposition leader Anwar Ibrahim has been arrested by police, his lawyer  said.  Anwar had agreed to meet authorities later Wednesday on a sodomy complaint lodged by a former aide.  Police had warned they would arrest him if he did not show up.

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    Thai Prime Minister Samak Sundaravej is set to unveil a new package of tax cuts and cash handouts on Tuesday in a bid to revive a struggling economy and his government's flagging popularity.

  • All this week, CNBC Asia's Squawk Box goes on the road in Indonesia. We'll be looking at issues including trade and investment, energy, and tourism. And we'll also be talking to the country's movers and shakers, asking them their take on where Indonesia is going and how it will get there.

  • Visiting Kazakhstan President Nursultan Nazarbayev, right, and Malaysian Prime Minister Abdullah Ahmad Badawi pose outside the latter's office in Putrajaya, outside Kuala Lumpur, Malaysia, Monday, June 26, 2006. Nazarbayev arrived in Malaysia Sunday for a three-day visit. (AP Photo/Bazuki Muhammad, Pool)

    Malaysian police vowed to crack down on an opposition-led rally on Monday, seeking to subdue growing dissent, as opposition figure Anwar Ibrahim prepared to meet police over sodomy accusations against him.

  • Visiting Kazakhstan President Nursultan Nazarbayev, right, and Malaysian Prime Minister Abdullah Ahmad Badawi pose outside the latter's office in Putrajaya, outside Kuala Lumpur, Malaysia, Monday, June 26, 2006. Nazarbayev arrived in Malaysia Sunday for a three-day visit. (AP Photo/Bazuki Muhammad, Pool)

    Malaysian Prime Minister Abdullah Ahmad Badawi will announce plans to retire in June 2010, a move aimed at ending months of political uncertainty that have unnerved investors, a news website said on Thursday.

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    Singapore's economy suffered its steepest decline in five years in the in the second quarter, down an annualized, seasonally adjusted rate of 6.6% -- much stronger than economists had expected.

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    Malaysian annual inflation in June probably exceeded 6.0 percent, the central bank chief said on Wednesday, breaching a mark not seen in 26 years and reinforcing expectations of an interest rate hike.

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    Malaysian exports in May jumped 22 percent from a year earlier to a record high, far exceeding market expectations, thanks to high shipments of crude, palm oil and electronics.

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    The sodomy allegation confronting Anwar Ibrahim could end up helping him more than hurting him in his drive to lead Malaysia's opposition to power for the first time in history.

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    Opinion polls showed most people believed Malaysian opposition leader Anwar Ibrahim did not commit sodomy against a young aide after a similar charge landed him in jail for six years before it was overturned.

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    Malaysian opposition leader Anwar Ibrahim, accused of homosexual assault, is lodging a police report on Tuesday claiming the police chief and attorney-general fabricated evidence against him in a similar case a decade ago.

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    Malaysia may revise its 2008 budget deficit target of 3.1 percent, Second Finance Minister Nor Mohamed Yakcop said on Monday, days after the government announced plans to increase spending.

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    Malaysia's de facto opposition leader Anwar Ibrahim took refuge at the Turkish embassy on Sunday due to fears he could be assassinated after fresh accusations of sodomy.

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    Malaysia shelved some large building projects on Thursday and pledged to spend $9 billion more to boost rice production and ease poverty, as the government sought to quell growing public anger over rising prices.

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    Singapore's annual inflation held at a lower-than-expected 7.5 percent in May, still hovering at a 26-year high and keeping pressure on the central bank to maintain its tight monetary policy.

  • Singapore's United Overseas Bank said on Wednesday it had proposed to delist its 61.1 percent-owned Indonesian lender UOB Buana, and planned to buy the remaining shares that it does not own.

  • Visiting Kazakhstan President Nursultan Nazarbayev, right, and Malaysian Prime Minister Abdullah Ahmad Badawi pose outside the latter's office in Putrajaya, outside Kuala Lumpur, Malaysia, Monday, June 26, 2006. Nazarbayev arrived in Malaysia Sunday for a three-day visit. (AP Photo/Bazuki Muhammad, Pool)

    Malaysian Prime Minister Abdullah Ahmad Badawi, trying to assuage anger over the steepest hike in fuel prices in years, said on Monday the administration will announce more measures to ease the burden on consumers.

  • Visiting Kazakhstan President Nursultan Nazarbayev, right, and Malaysian Prime Minister Abdullah Ahmad Badawi pose outside the latter's office in Putrajaya, outside Kuala Lumpur, Malaysia, Monday, June 26, 2006. Nazarbayev arrived in Malaysia Sunday for a three-day visit. (AP Photo/Bazuki Muhammad, Pool)

    Malaysian Prime Minister Abdullah Ahmad Badawi, trying to assuage anger over the steepest hike in fuel prices in years, said on Monday the administration will announce more measures to ease the burden on consumers.

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    India and Malaysia raised retail fuel prices, joining a growing number of Asian nations no longer able to afford big subsidies in the face of record-breaking oil prices.