Bloomberg Asian airlines carried only 724,000 international passengers in June, a 98% slump from a year earlier, as restrictions on movement suppressed air travel, the Association of Asia Pacific Airlines (AAPA) said. Average passenger load factor was just 36.3%, AAPA said in a statement on Tuesday. The group’s director general, Subhas Menon, said the prospect of a recovery in the ...

Bloomberg Seen as a test of Malaysia’s anti-corruption credentials, the guilty verdict against former prime minister Najib Razak in the first of the 1MDB trials could strengthen the new government’s hand after months of political turmoil. The High Court on Tuesday sentenced Najib to 12 years in jail after finding him guilty of all seven charges in the case involving ...

Bloomberg When Richard Grenell left his post as US ambassador to Germany in February, government officials in Berlin were relieved. But Donald Trump’s pick for the position, retired US Army Colonel Douglas Macgregor, has them wondering if the new envoy will be just as combative as his predecessor. “It is indeed striking that Trump is sending a proven military strategist ...