asia

Malaysia’s Police Confirm Daesh Link to Nightclub Grenade Attack

KUALA LUMPUR, July 4 – Malaysian authorities on Monday confirmed that Daesh was responsible for a grenade attack on a nightspot last week, which is believed to be the first successful attempt in the country by the militant group. Inspector-general of police Khalid Abu Bakar said two men have been arrested in connection to the attack, and

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Cannes Festival Entry Focuses on Taiwan Death Penalty Debate

By Fabian Hamacher TAIPEI, May 9 – A prize-winning Taiwanese film exploring the use of the death penalty will screen at the Cannes Film Festival later this month, adding to recent increased debate about the island’s use of capital punishment. Leon Lee’s 23-minute film titled “The Day To Choose” puts its main character, a lawyer

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Global Markets: Asia Shares, Currencies Tumble; Oil Jumps

By Hideyuki Sano TOKYO, Jan 4  – Asian shares and currencies tumbled on Monday on the first day of trading in 2016 after China factory activity contracted and its central bank guided the yuan lower, while oil prices jumped as much as 3 percent on rising tensions in the Middle East. Leading the losses, mainland

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Number of Women Billionaires on the Rise

By Fathin Ungku SINGAPORE, Dec 15 (Reuters) – The number of women billionaires in the world is rising fast, with a growing number of them from Asia and self-made, Swiss bank UBS Group AG said in a study released on Tuesday. There are nearly seven times more women billionaires than 20 years ago and their

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Asian Imports of Iran Oil Fall to Lowest Level in Two Years

By Aaron Sheldrick TOKYO, Nov 30 (Reuters) – Asian imports of Iranian oil fell to the lowest level in two years in October, as Iran’s biggest crude buyers held off from increasing purchases following a landmark agreement on Tehran’s disputed nuclear programme in July. Imports by Iran’s four biggest buyers – China, India, Japan and

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Rescue Workers Pull Out 100 Bodies From Myanmar Landslide

By Aung Hla Tun YANGON, Nov 22 (Reuters) – Nearly 100 bodies have been pulled from a landslide near a jade mine in Myanmar’s northern Kachin State, local officials said on Sunday, and hopes are dwindling that any of an estimated 100 people missing will be found alive. The landslide happened when a mountain of

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ASEAN Creates ‘Community’ at Summit Shadowed by Terrorism Fears

By Trinna Leong and Megha Rajagopalan KUALA LUMPUR, Nov 22 – Southeast Asian nations on Sunday established a formal community that attempts to create freer movement of trade and capital in an area of 625 million people with a combined economic output of $2.6 trillion. The Community declaration was signed by leaders of the 10-

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Southeast Asia at Potential Risk of Daesh-Style Attacks

By Praveen Menon KUALA LUMPUR, Nov. 18 – Southeast Asia faces the threat of Daesh-inspired attacks designed to “glamorise terrorism”, a Malaysian minister said on Wednesday, voicing fears of battle-hardened fighters returning from Syria to launch Paris-style attacks. In September, Malaysian police thwarted a plot to detonate bombs in Kuala Lumpur’s vibrant tourist area of

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