Cheaper oil gives Southeast Asia a chance to grow better, slash subsidies

(Reuters) - Rising risks of deflation in major economies have renewed worries about global growth, but sliding prices for oil and other commodities should boost most of Southeast Asia.

Petronas to build $35bn LNG plant in Canada

Petronas will embark on a $35 billion liquid natural gas (LNG) project in Canada following the reversal of Ottawa's decision to block the Malaysian national oil company's purchase of Canadian gas producer Progress Energy Resources.