Corporate News

Malaysia's Mahathir to visit China for talks on projects

Jul 6, 2018

Malaysian Prime Minister Mahathir to visit Beijing to renegotiate terms of China-backed projects worth over $22 billion

Chinese firm told to suspend $20B Malaysia rail project

Jul 4, 2018

Government tells Chinese firm to suspend $20 bln Malaysia rail project

Ex-Malaysia leader's arrest part of a swift fall from grace

Jul 3, 2018

Just two months ago, Najib Razak was a towering figure in Malaysian politics and literally beyond the law, but that cloak of privilege and impunity was lifted with his arrest Tuesday by anti-graft officials.

Malaysia seeks sharp cuts in $20 bln China-backed rail link

Jul 3, 2018

Malaysia's government says a massive China-backed rail link project is only viable with a "drastic" price reduction by the Chinese contractor as the actual cost of the venture is $20 billion

Global stocks mixed, Chinese market enters bear market

Jun 26, 2018

Global markets are as traders monitor U.S. moves to gain an upper hand in trade with China, whose main stock index entered a bear market.

Malaysia says over 350,000 cars yet to change Takata airbags

Jun 5, 2018

Malaysia transport minister to oversee Takata air bag recalls after data show more than 350,000 car owners have not yet responded

Malaysia to penalize owners who don't replace Takata airbags

Jun 2, 2018

Malaysia's transport minister says owners of more than 71,000 affected Honda cars will be penalized if they fail to replace flawed Takata air bags in a drastic move to curb fatalities

Honda: Faulty Takata air bag kills 7th person in Malaysia

Jun 1, 2018

Japanese carmaker Honda says another person has died in Malaysia after a flawed Takata airbag inflator exploded, raising the number of deaths linked to the defect in the Southeast Asian country to seven

Indonesia court rules against seizure of luxury yacht

Apr 18, 2018

A court has ruled against the Indonesian police's seizure of a luxury yacht wanted as part of a U.S. investigation into alleged multibillion-dollar theft and laundering of funds from a Malaysian state investment fund

Indonesia credit rating upgraded by Moody's

Apr 13, 2018

Moody's has upgraded Indonesia's credit rating due to increased confidence the government will maintain its recent track record of responsibly managing the national budget and interest rate policy

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