Business

S&P upgrades Indonesia credit after Widodo election win

May 31, 2019

Ratings agency Standard & Poor's has upgraded Indonesia's sovereign credit rating following the election of Joko Widodo to a second term as president

Challenge to Indonesia vote makes big claims, weak on proof

May 29, 2019

The court challenge to Indonesia's presidential election from the losing candidate claims the police, intelligence agency and other state institutions were biased in favor of the incumbent, but its evidence for fraud is mainly printouts of news articles

Malaysia's Mahathir says no timetable for handing over power

May 9, 2019

Malaysian Prime Minister Mahathir Mohamad defended his government's record on the anniversary of its election victory and reiterated he will hand over power to Anwar Ibrahim though he wasn't clear on when

Singapore reportedly criminalizes publication of fake news

May 9, 2019

Singapore passed a law criminalizing publication of fake news and allowing the government to block and order the removal of such content, report says

Malaysia cuts interest rate for first time in 3 years

May 7, 2019

Malaysian central bank cuts key interest rate to counter weaker growth

Boeing 737 Max 8 woes crimp Asian airlines' growth plans

May 7, 2019

Boeing 737 Max 8 woes crimp Asian airlines' growth plans

Axiata, Telenor in merger talks to create telecoms giant

May 6, 2019

Malaysia's Axiata Group Berhad says it is in talks with Norway's Telenor ASA to merge their Asian operations to create one of the world's top telecommunications giant with some 300 million customers in nine countries

Global shares edge higher ahead of US jobs data

May 3, 2019

Global markets see modest gains as traders await US jobs data

Asian markets mixed following losses on Wall Street

May 3, 2019

Asian markets mixed after losses on Wall Street, doubts surrounding China-US deal

World stocks waver as Fed steers clear of signaling rate cut

May 2, 2019

World stocks waver as Fed keeps rates intact, no cut planned despite low inflation

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