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PETALING JAYA: OSK Holdings Bhd is proposing an unconditional voluntary takeover of all the remaining shares it does not own in PJ Development Holdings Bhd for RM1.50 per share.
TOKYO: JX Holdings Inc, Japan's biggest oil refiner by sales, has agreed to pay about 352 billion yen ($3.4 billion) in stock for TonenGeneral Sekiyu KK , the country's third-largest refiner by sales.
SEOUL: South Korea's Hanjin Shipping Co Ltd said it would file for court receivership after losing the support of its banks, and the country's financial regulator said a rival operator will look to buy Hanjin's "good" assets.
MANILA: Philippine President Rodrigo Duterte said on Wednesday he was ready to discuss any issues with United States counterpart Barack Obama when they meet in Laos next week, but added that the US President must listen to him first before bringing up the question of human rights.
BEIJING (Reuters) - Saudi Arabia's foreign minister said on Wednesday the Iranian-allied Houthi movement would not be allowed to take over Yemen, as he accused Iran of seeking to sow unrest around the region.
CANBERRA (Reuters) - Australian Prime Minister Malcolm Turnbull came under pressure over same-sex marriage and from within his own party on Wednesday as parliament returned for the first time since a poor showing by his coalition government in elections last month.
ANKARA (Reuters) - Turkey's week-long incursion into northern Syria aims to clear Islamic State fighters from a 90 km (56-mile) stretch of territory along the Turkish border, President Tayyip Erdogan's spokesman said on Wednesday.