The ASEAN summit held in Russia last week was one of the Kremlin’s biggest diplomatic successes since the full-scale invasion of Ukraine in 2022.
Because of the firm's scale, an uncontrolled insolvency was never an option for Malaysian regulators, as the company was too embedded in the domestic O&G ecosystem, supporting over 59,000 jobs in the nation's energy sector.
Across Asia, governments are now accelerating approvals for renewable projects and grid modernisation schemes. Battery storage investments are making headlines almost daily.
This local depreciation is not an isolated event, as the Malaysian currency has traded lower against a comprehensive basket of major global and regional peers.
The tentative peace agreement between the United States and Iran has been greeted with a mixture of relief and caution across much of East and Southeast Asia, a region that has borne more than its fair share of the economic fallout of late.
Her death deprives Thailand’s royal family of one of its most accomplished and prominent members, and a figure who many believed could have played an important role in the kingdom’s unresolved succession.