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AseanPlus News

Indonesia’s debus fighters are tough as nails

Bandung: Mulyadi pounds a nail into his nostril, leaving it embedded in his face, horrifying a group of slack-jawed spectators of ‘debus’, an Indonesian tradition blending martial arts with grotesque self-injury.

Corporate News

Analysts remain ‘overweight’ on oil and gas

PETALING JAYA: Analysts are maintaining an “overweight” call on the oil and gas sector in view of stabilising crude oil prices and reimposed sanctions on Iran and Venezuela.

TECH

Video game releases: Captain Spirit and his retinue of remasters

Brand new story-driven experience The Awesome Adventures Of Captain Spirit acts as a prequel for an eventual Life Is Strange 2, while Pokémon Quest lands on mobile after a Nintendo Switch debut.

World

Iran bans 1,300 imports as protesters, police clash over currency weakness

DUBAI (Reuters) - Iran is banning imports of over 1,300 products, preparing its economy to resist threatened U.S. sanctions, amid rare public protests against the plunge of its currency to record lows.

World

Oil producer deal may be short of what's needed-U.S. energy secretary

WASHINGTON (Reuters) - U.S. Energy Secretary Rick Perry told reporters on Monday he believes a deal between OPEC and non-OPEC countries reached last week may not be enough to relieve global oil markets that are stressed by supply constraints.

Markets

Oil prices rise on uncertainty over Libyan crude exports(Update)

SINGAPORE: Oil prices rose on Tuesday on uncertainty over Libyan oil exports, although plans by producer cartel OPEC to raise output continued to drag.

World

Amid Arab boycott, Qatar's new friends find rich openings

DOHA (Reuters) - Six months ago Serkan Ucar arrived in Doha to scope out business opportunities - away from his usual patch. The mission looks set to pay off handsomely, as the Turkish entrepreneur expects to win a first contract to help build an iconic 2022 World Cup stadium.

Markets

Banks, telcos send KLCI to January 2017 low

KUALA LUMPUR: Banks and telcos dragged the FBM KLCI deeper into the red at the close on Monday, as foreign selling on Bursa Malaysia stretched into the 34th day while most key Asian markets lost ground over the rising US-China trade war tensions.

Markets

Hong Kong stocks touch 6-month low as U.S. plans China tech investment limits

HONG KONG: Hong Kong stocks fell to a six-month low on Monday, dragged by tech shares as the United States plans limits on Chinese investment in U.S. technology firms.

Corporate News

Fitch revises outlook on Telekom Malaysia to negative

KUALA LUMPUR: Fitch Ratings has revised Telekom Malaysia Bhd's (TM) outlook to negative from stable due to its weakening credit profile, driven by pressure on earnings before interest, tax, depreciation and amortisation (EBITDA).