SYDNEY: Asian shares were subdued on Thursday as a lull in the Sino-U.S. trade tussle helped calm nerves enough for the Nasdaq to reach a record high, while tensions in the oil market grew ahead of an OPEC meeting that may expand crude supply.

LANGKAWI: Former Malaysian prime minister Najib Razak says he shouldn’t be blamed for the multibillion-dollar 1Malaysia Development Bhd (1MDB) scandal, and declares he knows nothing about money from the state fund appearing in his personal account. He does, though, have explanations for the vast sums of cash, luxury handbags and jewellery recently seized from his homes by the Malaysian authorities. Language Undefined

KUALA LUMPUR (June 21): Malaysian palm oil futures were set for a fourth straight day of losses on Thursday, as weak sentiment persisted due to concerns about a trade war between China and the U.S. and on losses in U.S. soyoil. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 0.2 percent at 2,257 ringgit ($562.84) per tonne at the midday break. Trading volumes stood at 21,518 lots of 25 tonnes each at noon. Language Undefined