The biggest Brexit-related concern for pharmaceuticals companies is that the UK will deviate from EU regulation of the market, according to a new report by a committee of MPs.
Malaysia’s Chinese projects: Mahathir to respect all agreements
Malaysia’s newly installed Prime Minister Mahathir Mohamad on Thursday said his government would “respect all agreements” even as it reviewed the viability of Chinese-linked projects in the country.
Responding to a question from This Week in Asia during a press conference, Mahathir said: “As far as the leaders from China and the Chinese are concerned, we have made it clear that we are going to look into all these contracts again because they are very costly for the…
A road already traveled: after a Trump-Kim summit, the next steps the US and North Korea will probably take
The prospects for a summit meeting next month between US President Donald Trump and North Korean leader Kim Jong-un might look a bit shaky, but if it does go off as scheduled, a larger issue remains: how best to build on it and end the decades of hostility between the two nations.
US analysts suggest that a road map already exists – the diplomatic path Washington and Beijing took to reach the normalisation of their relations.
That path starts with setting up liaison offices, not an…
Malaysian police raid ex-Prime Minister Najib Razak’s house ‘while looking for US$4.5b 1MDB corruption scandal documents’
At least a dozen Malaysian police officers raided former Prime Minister Najib Razak’s house late on Wednesday, reportedly searching for documents as part of a renewed inquiry into a massive corruption scandal involving a state investment fund that is being investigated abroad. More than a dozen police vehicles arrived at Najib’s house soon after he returned home from prayers at a nearby mosque, fuelling speculation that he may be arrested after new Prime Minister Mahathir Mohamad…
UK smart meter project unlikely to meet government’s initial expectations, says Martin
The anticipated adoption of smart meters in the UK looks set to fall below government’s original expectations, an expert has said.
North Korea ‘threatens to cancel Trump-Kim summit and suspends high-level talks with South Korea’ over military drills
North Korea has said it is suspending its “high-level” talks with South Korea, scheduled for Wednesday, over military drills its southern neighbour has scheduled with the US, as South Korean newspapers say that a meeting with US President Donald Trump may also be in danger.
The two Koreas were set to hold a meeting Wednesday at a border village to discuss setting up military and Red Cross talks to reduce border tension and restart reunions between families separated by the…
The future of money: 2019 promises more dramatic changes in banking and payments
ANALYSIS: The collapse of Lehman Brothers in September 2008 and the ensuing financial crisis prompted major changes to the global banking and payments markets, both in terms of regulation and innovation, but an even more dramatic set of circumstances is set to impact industry over the next year.
Indonesia counterterrorism police shoot and kill suspected militant linked to Surabaya church bombings, arrest 13
Indonesian police fatally shot a militant and arrested 13 others on Tuesday suspected of links to suicide bombings carried out by two families in the country’s second-largest city.
Surabaya police spokesman Frans Barung Mangera said the militant died in a shoot-out in a Surabaya neighbourhood with counterterrorism police, who had tried to arrest him over possible involvement in the attacks that killed at least 13 people.
He said the arrests of suspected militants were made in raids in…
UK agency warns Brexit could lead to rise in organised crime
The UK body charged with fighting serious and organised crime has warned that the country’s impending withdrawal from the EU could lead to a rise in money laundering, bribery and other corporate offences.
Malaysian PM Mahathir begins big government clean up, but is his ruling coalition in a mess?
Malaysian Prime Minister Mohamad on Monday said he will replace the country’s attorney general and anti-corruption chief, as officials stepped up a probe into alleged widespread graft in the Barisan Nasional government defeated in last week’s general election.
Mahathir said attorney general Apandi Ali, appointed by ex-premier Najib Razak, would be put on indefinite leave as his tenure was assessed, with solicitor general Engku Nor Faizah Engku Atek standing in for him….
