The government of Oman has chosen five banks to arrange the sultanate's first international bond issue in almost 20 years, sources aware of the matter said.

Malaysia is proposing to amend an act to allow the government to seize control of land where big fires are discovered, as part of its long-term efforts to curb haze from slash-and-burn forest clearing techniques usually linked to palm oil plantations.

Singapore police have charged a former employee at Swiss private bank BSI for acquiring property in the city-state using ill-gotten funds, making him the second BSI banker in the city-state to come under scrutiny by authorities this year.

The Seychelles is helping an international investigation into the troubled state fund 1Malaysia Development Berhad (1MDB), the state's Financial Intelligence Unit on the Indian Ocean archipelago said.

Indonesia and the Philippines are the two South East Asian stock markets benefiting most from investors' return to emerging markets this year, with foreign funds undeterred by them becoming the region's most expensive markets.

Philips said on an arbitration court had ordered Japan's Funai Electric to pay it 135 million euros ($152 million) over the 2013 collapse of a deal for the Japanese firm to buy a business from the Dutch company.

Saudi Arabia expects state oil company Saudi Aramco to be valued at more than $2 trillion and plans to sell less than 5 percent of it through an initial public offering (IPO), Deputy Crown Prince Mohammed bin Salman said.

When Dubai businesswoman Negin Fattahi-Dasmal opened the first branch of her luxurious nail salon chain in Iran this year, it was met with both excitement and scepticism among image-conscious young Iranians.

Dubai-based property developer Limitless is set to complete a drawn-out debt restructuring after the final dissenting creditor sold its share of the company's 4.45 billion dirhams ($1.2 billion) debt, sources with knowledge of the matter said.

U.S. Department of Justice officials have asked Deutsche Bank AG and JPMorgan Chase & Co to provide details on their dealings with 1MDB, as global investigations into the troubled Malaysian state fund widen.