Bloomberg Malaysia’s economic growth is set to moderate this year from a three-year high in 2017, but still post a solid performance on the back of strong domestic demand. Gross domestic product rose 5.9 percent in the fourth quarter from a year earlier, the central bank said on Wednesday in Kuala Lumpur, slightly above the median estimate of 5.8 percent ...

Bloomberg Toshiba Corp. is bringing in an outsider to lead the Japanese electronics maker battered by accounting scandals, record losses and divestment of businesses. Nobuaki Kurumatani, 60, representative director of CVC Capital Partners Ltd. in Japan and former vice president at Sumitomo Mitsui Banking Corp., will become chief executive officer and chairman of Toshiba Corp., the Tokyo-based manufacturer said in ...

Bloomberg The surprise jailing of Lotte Group Chairman Shin Dong-bin on bribery charges has thrown one of South Korea’s biggest chaebols into further disarray. Now up in the air: a planned initial public offering for Lotte’s hotel unit; its hope of selling its network of stores in China; a restructuring plan for the group; and the family feud between Shin ...