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November 27, 2021

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Top U.S. diplomat for Asia to visit four ASEAN countries

Reuters
U.S. Secretary of State Mike Pompeo and U.S. Ambassador to Vietnam Daniel Kritenbrink attend a meeting with Vietnamese Foreign Minister Pham Binh Minh at the Ministry of Foreign Affairs in Hanoi, Vietnam, February 26, 2019. Andrew Harnik/Pool via REUTERS Register now for FREE unlimited access to reuters.com Register WASHINGTON, Nov......

Risk assets plunge as virus fears cause post-Thanksgiving blues

Reuters
European shares on track for worst sell-off in a year Companies benefiting from economic reopening tumble in early U.S. trading Crude prices tumble WASHINGTON/LONDON, Nov 26 (Reuters) – U.S. stocks tumbled on Friday as markets reopened after Thanksgiving, European shares were poised for their worst sell-off in a year and......

Malaysia’s ATA takes ‘serious view’ of forced labour allegations, whistleblower claims

Reuters
A Dyson employee shows a Dyson 360 Eye robot vacuum cleaner without its cover during the IFA Electronics show in Berlin September 4, 2014. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to reuters.com Register ATA says hired consultants, lawyers to review claims Whistleblower allegations ‘may be unjustified’ –......

EXCLUSIVE Dyson dumps Malaysian supplier ATA over labour concerns

Reuters
A Dyson logo is seen on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to reuters.com Register Workplace audit, whistleblower allegations led to termination ATA already under U.S. investigation over labour practices Shares in ATA plunge 30% KUALA......

Malaysia PM’s coalition wins crucial state vote ahead of national polls

Reuters
New Malaysian Prime Minister Ismail Sabri Yaakob waves from a car, as he leaves after the inauguration ceremony, in Kuala Lumpur, Malaysia August 21, 2021. REUTERS/Lim Huey Teng//File Photo Register now for FREE unlimited access to reuters.com Register KUALA LUMPUR, Nov 20 (Reuters) – The coalition of Malaysian Prime Minister......

Malaysia’s Nov 1-20 palm oil exports rise 9% -AmSpec Agri

Reuters
Nov 20 (Reuters) – Exports of Malaysian palm oil products for Nov. 1 to 20 rose 9% to 1,066,899 tonnes from 978,917 tonnes shipped during the same period a month earlier, according to independent inspection company AmSpec Agri Malaysia on Saturday. Here is the breakdown of the AmSpec Agri Malaysia......

Telenor and CP Group discuss $7.5 bln Thailand telecom merger

Reuters
OSLO, Nov 19 (Reuters) – Norway’s Telenor (TEL.OL) and Thailand’s Charoen Pokphand Group (CP Group) are exploring a merger of their telecom units in Thailand, which could become the Norwegian firm’s second multi-billion dollar tie-up in Southeast Asia this year. A deal, if completed, would merge the telecom operations of......

Biden, Xi stick to their positions but turn down the heat in three-hour talk

Reuters
WASHINGTON/BEIJING, Nov 16 (Reuters) – U.S. President Joe Biden pressed his Chinese counterpart on human rights in a video call lasting more than three hours, while Xi Jinping warned that China would respond to provocations on Taiwan, according to official accounts of the exchange. The closely scrutinized conversation between the......

Some airlines risk failure if they do not cut emissions faster – industry report

Reuters
An aeroplane flies underneath the jet stream of another aircraft above the Italian city of Padova September 18, 2013. REUTERS/David Gray Corporate customers target speedier reductions than airlines Carriers face rising risk of shareholder activism Report finds wide emissions disparity between airlines SYDNEY, Oct 27 (Reuters) – Some airlines risk......

Exxon Mobil keen to build carbon storage hubs in SE Asia, similar to Houston project

Reuters
An Exxon gas station is seen in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott SINGAPORE, Oct 25 (Reuters) – Exxon Mobil Corp (XOM.N) wants to build carbon capture storage (CCS) hubs in Southeast Asia, similar to its project in Houston, Texas, and has started talks with some countries with......

Malaysia’s help needed to ease global chip shortage, Taiwan says

Reuters
A 12-inch wafer is seen at Taiwan Semiconductor Manufacturing Co. (TSMC) in Hsinchu June 15, 2010. REUTERS/Pichi Chuang TAIPEI, Oct 1 (Reuters) – Malaysia’s help is needed to resolve the global shortage of auto semiconductors, especially when it comes to packaging, a sector affected by the country’s COVID-19 curbs, Taiwan......

Asian factories stagnate as China’s slowdown, supply constraints hit

Reuters
Machinery is seen at a factory specialising in heat treatment on metals, which is out of operation, at an industrial park in Shenyang, Liaoning province, China, September 30, 2021. REUTERS/Tingshu Wang Japan’s factory activity grows at slowest pace in 7 months – PMI S.Korea activity increases but optimism dented –......

U.S. trade officials delay decision on new solar tariffs

Reuters
Solar panels are seen at the Desert Stateline project near Nipton, California, U.S. August 16, 2021. Picture taken August 16, 2021. REUTERS/Bridget Bennett/File Photo Sept 29 (Reuters) – The U.S. Commerce Department on Wednesday asked a group of anonymous domestic solar manufacturers for additional information before it would consider a......

Malaysia pledges spending, green goals in 5-year economic plan

Reuters
PM Ismail Sabri tables 12th Malaysia Plan Expects 4.5%-5.5% average annual GDP until 2025 Govt to spend over $95 bln on developments in 2021-2025 Carbon tax, no more coal power to reach 2050 carbon neutral goal KUALA LUMPUR, Sept 27 (Reuters) – Malaysia’s Prime Minister Ismail Sabri Yaakob on Monday......

U.S. solar companies warn that proposed tariffs would devastate new projects

Reuters
Solar panels are seen at the Desert Stateline project near Nipton, California, U.S. August 16, 2021. REUTERS/Bridget Bennett Sept 22 (Reuters) – A U.S. solar industry group warned on Wednesday that tariffs on imported panels from three Asian countries would jeopardize nearly 30% of the solar capacity the nation is......

Exclusive: Former Malaysia PM Najib may seek re-election to parliament despite conviction

Reuters
KUALA LUMPUR, Sept 19 (Reuters) – Former Malaysian Prime Minister Najib Razak has not ruled out seeking re-election to parliament within the next two years, he told Reuters in an interview, undetered by a corruption conviction that would block him from running. Najib’s graft-tainted party, the United Malays National Organisation......

Malaysia warns new Indo-Pacific pact may trigger nuclear arms race

Reuters
A Malaysian flag flies outside Prime Minister’s office, in Putrajaya, Malaysia September 24, 2020. REUTERS/Lim Huey Teng KUALA LUMPUR, Sept 18 (Reuters) – Malaysia on Saturday expressed concerns that Australia’s plan to build nuclear-powered submarines under a new pact with Britain and the United States could catalyze a nuclear arms......

Japan says suspected Chinese submarine seen near territorial waters

Reuters
Japan’s Defense Minister Nobuo Kishi attends a news conference in Tokyo, Japan, September 16, 2020. REUTERS/Kim Kyung-Hoon TOKYO, Sept 12 (Reuters) – Japan’s defence ministry said on Sunday that a submarine believed to be from China was spotted in waters near its southern islands, as maritime tensions persist in the......

Rats, drought and labour shortages eat into global edible oil recovery

Reuters
Rodents relish palm fruits in Malaysia amid labour shortage Palm oil prices seen remaining near all-time high Dry weather in Canada’s canola areas seen curbing output High prices to encourage soybean planting in Brazil PERAK, Malaysia/SINGAPORE, Sept 5 (Reuters) – In a sprawling oil palm plantation in the Malaysian state......

ASEAN envoy to Myanmar in talks with junta over terms of visit, seeks access to Suu Kyi

Reuters
Brunei’s Second Minister of Foreign Affairs Erywan Pehin Yusof addresses the 74th session of the United Nations General Assembly at U.N. headquarters in New York City, New York, U.S., September 30, 2019. REUTERS/Brendan McDermid BANDAR SERI BEGAWAN, Sept 4 (Reuters) – The Brunei diplomat appointed by a Southeast Asian regional......

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