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New boss for ailing Malaysia Airlines

  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 ...

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China investors turn to sovereign debt amid company defaults

  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. ...

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Netflix to strengthen original series, films in and from Asia

  Seoul / AP Netflix plans to expand its Asian offerings to its subscribers around the world by tapping more creators in Asia. Netflix chiefs said on Thursday that the US streaming service company is looking at many projects throughout Asia, including original series by Asian creators. Netflix invested in South Korean filmmaker Bong Joon-ho’s upcoming movie “Okja,” its first Korean ...

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