Tokyo / AFP Japanese industrial production dived in May for the first time in three months, official data showed on Thursday, in a worrying sign for the already fragile economy. Factory output dropped 2.3 percent in May from a month earlier, much worse than the average 0.2 percent drop expected by economists, according to Bloomberg News. The weak figures come …

  Kuala Lumpur / AFP Malaysia Airlines, which has been struggling since twin disasters in 2014, has appointed a new CEO following the resignation of a troubleshooter brought in to turn around the ailing carrier. Peter Bellew, currently the airline’s chief operating officer and a former director of flight operations at Ryanair, will take over effective Friday. “His appointment will ensure …

  Beijing / Bloomberg There’s about to be a flight to quality in China’s bond market. Fourteen of 22 respondents in a Bloomberg survey of investors and analysts said they are most interested in buying securities issued by the government and policy banks in the next quarter, compared with just four of 19 in a similar poll three months ago. …