Recent Posts

Bank Negara Malaysia governor offers to resign

Bloomberg Malaysia’s central bank Governor Muhammad Ibrahim offered to resign from his post two years into his term, according to people familiar with the matter, who declined to be identified because the discussions are confidential. The move comes less than a month after Prime Minister Mahathir Mohamad won a surprise election victory and his newly installed finance minister, Lim Guan ...

Read More »

Boeing sharpens threat to suppliers with Safran deal

Bloomberg Boeing Co. is deepening its intrusion on suppliers’ turf by teaming up with France’s Safran SA to design and build auxiliary power units, the compact turbines tucked below a jetliner’s tail that are used to start its main engines and provide power on the ground. The 50-50 partnership will be based in the US, the companies said in a ...

Read More »

Aussie decries China pressure as Qantas yields over Taiwan

Bloomberg Australian Foreign Minister Julie Bishop says companies should be able to operate free from pressure from foreign governments after Qantas Airways Ltd. bowed to demands that it refer to Taiwan as being part of mainland China. Australia’s flagship carrier is one of 44 airlines asked by the Civil Aviation Administration of China to modify how they refer to Taiwan ...

Read More »
Send this to a friend