Bloomberg This year is looking a little brighter for Asia’s emerging-market assets amid prospects of a less aggressive Federal Reserve. But US-China trade war saga and its impact on growth will keep traders on their toes. That’s according to 14 strategists, traders and investors surveyed by Bloomberg. Malaysia’s ringgit was their favourite of eight regional currencies as the nation’s central ...

Bloomberg Indonesia is seeking new avenues to deploy a part of its $8 billion Hajj funds. But there’s a catch — potential suitors need to be Shariah compliant. The government agency managing the Hajj fund in the world’s largest Muslim-majority country has accumulated 111 trillion rupiah ($7.9 billion) as the waiting list to make the holy pilgrimage for applicants stretches ...

Bloomberg Eka Tjipta Widjaja, who became a coconut and palm-oil trader at the age of 15 before building a multi-billion dollar empire with businesses spanning paper and pulp to financial services, has died. Widjaja, 98, passed away at his home in Jakarta on Saturday, said Gandi Sulistiyanto, a managing director at Sinar Mas Group. The founder of Sinar Mas was ...