DUBAI / Emirates Business Tourism Malaysia’s Deputy Director General (International Promotion) Dato’ Hj. Azizan Noordin officially launched a new advertising campaign for the West Asian market on Tuesday during a press conference held in conjunction with the Arabian Travel Market (ATM) 2016. The new advertising campaign targets the West Asia, Iran, and North and South African markets in a …

  Beijing / AFP Troubled Malaysian state investment fund 1MDB said on Tuesday it had defaulted on $1.75 billion in company bonds after missing an interest payment, heightening fears of a market-rattling bailout of the scandal-hit company. The fund, founded in 2009 by Prime Minister Najib Razak, is teetering on the brink of collapse amid multiple investigations around the world …

  New Delhi / Bloomberg Maruti Suzuki India Ltd. shares rose after the automaker posted revenue that beat analyst estimates as it sold more of the new Baleno hatchback and automatic variants of some existing models. The shares gained as much as 4.1 percent, the most intraday since April 13, in Mumbai trading. Total revenue in the quarter through March …