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Reports asian news

Nikkei staff writers - Japan's May GDP shrank 0.1% on weak consumption: JCER - asia.nikkei.com - Japan - city Tokyo

Japan's May GDP shrank 0.1% on weak consumption: JCER

TOKYO -- Japan's economy in May shrank an annualized 0.1% from the previous month as weak private consumption led to the first contraction since January, according to an estimate released Tuesday by the Japan Center for Economic Research.

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Reuters - China's Ping An eyes up to $5 billion convertible bond sale, Reuters reports - cnbc.com - China - Hong Kong

China's Ping An eyes up to $5 billion convertible bond sale, Reuters reports

China's Ping An Insurance is considering convertible bond sale worth up to $5 billion, according to two sources with direct knowledge of the matter.

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Vincent Trinidad - Teresa Magbanua - Jeoffrey Maitem - Sabina Shoal - South China Sea: Philippine navy official dismisses Beijing’s charges, asserts Sabina Shoal rights - scmp.com - China - Philippines - city Beijing - city Manila

South China Sea: Philippine navy official dismisses Beijing’s charges, asserts Sabina Shoal rights

A top Philippine official has dismissed a Chinese report over its actions in the Sabina Shoal in the disputed South China Sea, insisting Manila has the right to “do anything that we wish” in its exclusive economic zone (EEZ).

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Fumio Kishida - Japan issues new yen banknotes packed with 3D hologram technology to fight counterfeiting - apnews.com - Japan - city Tokyo

Japan issues new yen banknotes packed with 3D hologram technology to fight counterfeiting

TOKYO (AP) — Japan issued its first new banknotes in two decades Wednesday, yen packed with 3D hologram technology to fight counterfeiting.

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CNA - Singaporean singer Aliff Aziz, Malaysian actress Ruhainies to face trial over close proximity charges - scmp.com - Usa - Malaysia - Singapore - city Kuala Lumpur

Singaporean singer Aliff Aziz, Malaysian actress Ruhainies to face trial over close proximity charges

On Wednesday, Singaporean singer-actor Aliff Aziz, 33, and Malaysian actress Ruhainies, 31, pleaded not guilty to the charges of being in close proximity – which saw the pair being detained by Federal Territories Islamic Religious Department (Jawi) officers at a condominium in Kuala Lumpur on March 9.

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MARI YAMAGUCHI - Japan Navy helicopters’ fatal crash caused by inadequate instructions to crew, says probe report - apnews.com - Japan - city Tokyo

Japan Navy helicopters’ fatal crash caused by inadequate instructions to crew, says probe report

TOKYO (AP) — Lack of instructions to the crew and their failure to keep a lookout and communicate led two Japanese navy helicopters to collide during training, killing all eight people on board, a Japanese navy report said Tuesday.

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Nikkei staff writers - Hiroshi Kasamatsu - Myanmar detains Aeon unit exec for high rice prices - asia.nikkei.com - Japan - Burma - city Bangkok - city Yangon

Myanmar detains Aeon unit exec for high rice prices

BANGKOK/YANGON -- The detention of a Japanese executive and several others accused of selling rice at inflated prices in Myanmar underscores the military regime's efforts to contain the surging price of food and fend off public backlash over the country's economic struggles.

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Hadi Azmi - Joseph Sipalan - Adib Zalkapli - Najib loses bid for house arrest as Malaysia court rejects disgraced ex-PM’s request - scmp.com - Usa - Malaysia - city Kuala Lumpur

Najib loses bid for house arrest as Malaysia court rejects disgraced ex-PM’s request

Kuala Lumpur High Court ruled that the government had no legal obligation to respond to Najib’s application, dismissing supporting affidavits filed by two leaders of his Umno party as “hearsay”, his lawyer Muhammad Shafee Abdullah said.

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