Bloomberg Singapore Prime Minister Lee Hsien Loong again warned the US and China to deescalate tensions, saying both powers presumed incorrectly they would win in any conflict. “The reality is, neither side can put the other one down,” Lee said on Tuesday, speaking by video link to the Aspen Security Forum. “I think that is a possible misunderstanding on both ...

Bloomberg Malaysia’s largest political party said it is retracting support for the ruling coalition shortly after one of its lawmakers resigned as a minister, putting the administration of embattled Prime Minister Muhyiddin Yassin in a limbo. Shamsul Anuar Nasarah, a member of the United Malays National Organisation, resigned as the nation’s energy minister Tuesday, shortly before a briefing by UMNO ...

Bloomberg Societe Generale SA gave an upbeat outlook for the year as the economic recovery allows it to set aside less for soured loans and a rebound in equities trading fueled earnings that beat analysts’ estimates. The Paris-based lender expects to set aside 10 basis points less — equal to about 500 million euros ($593 million) — for souring debt ...