Forest fires brought on by drought in Malaysia and Indonesia fouled air quality to unhealthy levels in parts of Southeast Asia, stoking concerns of a repeat of the haze that engulfed the region in June.
Iveagh Ltd. expects European and emerging market equities to lead growth this year as the money manager for the Guinness brewing family aims for high single- digit returns, the chief investment officer said.
The Philippines is “very close” to completing an agreement to boost the number of U.S. troops allowed into the country at a time of growing tension over territorial disputes with China, President Benigno Aquino said.
Singapore will bar an Indonesian warship named after marines who bombed a building on the island in 1965 from calling at its ports and naval bases or taking part in joint military exercises, said Defence Minister Ng Eng Hen.
U.S. Secretary of State John Kerry will emphasize the American presence in Southeast Asia in visits to Vietnam and the Philippines after President Barack Obama’s absence from a summit in October ceded the spotlight to China.
The U.S. Senate will vote in the coming week on a bipartisan committee’s $1.01 trillion budget agreement following its approval by the House. The proposal doesn’t touch Democrat-favored entitlement programs or corporate-tax breaks that Republicans want to protect.