Search

The article reports that on March 24, 2014 Malaysian Prime Minister Najib Razak announced that analysis of satellite data indicated Malaysia Airlines Flight 370, a plane that went missing during a flight from Malaysia to China earlier in the month, in all likelihood crashed into the southern Indian Ocean, killing all 239 people aboard. The data and analysis were provided by satellite operator Inmarsat PLC. Multiple countries continued the search for wreckage.

The article discusses the scheduled initial public offering (IPO) for Malaysian state-owned palm-oil business Felda Global Ventures Holdings Bhd. According to the article, the IPO was scheduled to list on the Malaysian stock exchange on June 28, 2012, and was slated to be the year's second-largest IPO at $3.2 billion. The article discusses the financial implications of the IPO for the Malaysian economy.

The article reports on the completion of the investigation by the Malaysian central bank on the debt-laden IMalaysia Development Bhd (IMDB) and its recommendation for "appropriate enforcement action."

The article reports on the Malaysian Anti-Corruption Commission's request for Prime Minister Najib Razak to explain a donation made to his personal account from an unnamed donor from the Middle East.

The article reports on the investigation conducted by the Malaysia Anti-Corruption Commission on the money deposited into Prime Minister Najib Razak's personal account in 2015.

The article reports that Malaysian Prime Minister Najib Razak appointed Zahid Hamidi as his deputy, replacing Muhyiddin Yassin who publicly criticized the government's closure of newspapers and the delays in the investigation into 1Malaysia Development Bhd, a state-investment fund.

The article reports that the Malaysian government ordered the suspension of two publications that have been reporting on the troubles faced by the debt-laden 1Malaysia Development Bhd., a state investment fund that is closely linked to Prime Minister Najib Razak.

The article reports that Malaysian authorities have ordered six bank accounts to be frozen in related to an investigation into alleged fund transfer to the accounts of Prime Minister, Najib Razak.

The article reports that Malaysia is planning to take diplomatic action in response to the Chinese Coast Guard's alleged intrusion into Malaysian waters north of Borneo.

The article reports on the announcement by Malaysia's central bank, Bank Negara Malaysia, on June 3, 2015 that it has started an investigation into state investment fund 1Malaysia Development Bhd. to see if it has the permission for offshore borrowings and foreign investments.

The article reports on a 2015 meeting of Southeast Asian leaders in Kuala Lumpur, Malaysia where Malaysian Prime Minister Najib Razak did not take a harder line against Chinese territorial claims in the South China Sea despite warnings by Philippine President Benigno Aquino III.

The article reports on the arrest by Malaysian police of 12 suspects linked to the Islamic State terror group in April 2015.

The article reports that members of the Association of Southeast Asian Nations (ASEAN) are split in their stand about China's expanding footprint in the South China Sea.

This section offers news briefs in the global financial services industry as of April 7, 2015 including Bank of America's hiring of Michael Wise as vice chairman of global equity capital markets, Home Loan Servicing Solutions Ltd.'s decision to call off its proposed merger with New Residential Investment Corp., and Malakoff Corp.'s plan to launch an initial public offering to raise more than 800-million dollars.

The article reports that a Malaysian state-owned fund, 1Malaysia Development Bhd. (1MDB), has delayed payment on a $560 million loan for the second time to a group of Malaysian banks, focusing on 1MDB's appointment of a new chief executive in January 2015 and a list of 1MDB's lenders.

The article reports on the strategy employed by airline AirAsia to create a new market for budget travel in Asia under the leadership of chief executive officer (CEO) Tony Fernandes in 2014.

The article discusses revenue loss for Malaysian Airline System due to accidents with their aircraft in 2014, focusing on how the company will respond to the losses including cutbacks and going private.

The article discusses the restructuring of Malaysia Airlines as a means of recovery after the loss of two planes during 2014, focusing on a bailout by the Malaysian government that will take the company private.

The article reports that fighting and violence near the site of the Malaysia Airlines Flight 17 crash in Ukraine prohibited Australian and Dutch investigators from visiting the wreckage on July 27, 2014 with mention of U.S. and Ukraine officials' alleged evidence that pro-Russian separatists shot down the flight.

The article looks at the July 2014 crash of Malaysia Airlines Flight 17, profiling family members of passengers who were waiting for news of their relatives at the Kuala Lumpur, Malaysia, and Amsterdam, Netherlands, airports and noting numerous AIDS researchers were on the flight.

The article discusses how three Malaysian banks including CIMB Group Holdings Bhd., RHB Capital Bhd., and Malaysia Building Society Bhd. are considering merging to create the country's largest lender, how it would impact shareholders, and the rising trend of banking acquisitions in Southeast Asia.

The article offers world news briefs as of June 2, 2014 on topics including the recovery of seven bodies from a helicopter crash in a lake in Russia, Israeli Prime Minister Benjamin Netanyahu's urging for the shunning of the Palestinian unity government, and the freeing of two women abducted from a resort in Malaysia.

The article discusses the potential delay of the search for missing Malaysia Airlines Flight 370 in the southern Indian Ocean as officials try to negotiate with civilian contractors, focusing on the U.S. Navy's submersible drone, the Bluefin-21.

The article reports that Malaysia's Health Ministry has put 64 people in the village of Kampung Bintang Laut in Johor, following the death of a resident from Middle East Respiratory Syndrome (MERS), which he may have contacted during his trip to Saudi Arabia.