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China to ease IPO rules on planned board to lure tech titans

China will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-ups to list at home after losing the likes of Alibaba and Baidu to Wall Street. Existing rules on initial public offerings ban companies from listing unless they have a track...

Malaysia enthrones new king after historic abdication

Malaysia on Thursday installed a new king, Sultan Abdullah Sultan Ahmad Shah, after the last monarch abdicated in a historic first following his reported marriage to a Russian ex-beauty queen. In a ceremony steeped in pomp and centuries of tradition, the sports-loving sultan, dressed in...