Bloomberg President Moon Jae-in told his Chinese counterpart Xi Jinping that he’s aware of Beijing’s concerns over a U.S. missile shield installed on South Korean territory and will work to resolve the problem. In their first phone conversation since his election victory this week, Moon told Xi that it may become easier to settle differences over the Terminal High Altitude …

Bloomberg Malaysian Prime Minister Najib Razak called on his party to stay united ahead of a potential election within months, urging members to avoid complacency even as the opposition descends further into disarray. Surrounded by key lieutenants on stage at a 71st anniversary celebration of his United Malays National Organisation, the premier attacked detractors including former Prime Minister Mahathir Mohamad, …

DUBAI / Reuters Rising oil prices lifted energy company stocks in the Gulf on Thursday, but indices were mixed due to some negative earnings reports, especially in Saudi Arabia. The Riyadh index lost 0.7 percent. Savola Group, the kingdom’s largest food products company, reported a 96 percent drop in first-quarter net profit, sending its shares down 2.4 percent. The National …