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Malaysia to purchase four navy ships from China in landmark deal

  Bloomberg Malaysia said it will buy at least four Littoral Mission Ships from China as Prime Minister Najib Razak announced “new steps” in military cooperation between the two countries. Najib oversaw the purchase of the vessels on Tuesday during a state visit to Beijing. While no details were released on the value of the ships, the deal comes after ...

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Sony Pictures bolsters ties with China market

  Bloomberg Sony Pictures Entertainment is planning an initiative with writers in China as part of the film company’s efforts to increase its presence in the world’s second-biggest movie market. The studio, part of Tokyo-based Sony Corp., plans to work with and host established as well as up-and-coming writers, the company said in a statement. Sony executives are participating this ...

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India wavers on emissions goal as power plants balk at price tag

  Bloomberg India may ease a deadline to cut pollution from coal-fired power plants blamed for causing the world’s worst air quality amid pressure from generators who say it’s too difficult to implement the $37 billion reforms. The deadline to meet all the new standards may be pushed back beyond the original December 2017 target, said S.D. Dubey, chairman of ...

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