Search results

Results 1 - 20 of 2129
  • G-20 cooperation

    Finance ministers, central bankers seen taking up forex stability

    TOKYO -- Steps to address the turmoil in foreign exchange markets are expected to be on the agenda when finance ministers and central bank chiefs of the Group of 20 nations meet in Shanghai on Feb. 26-27. "It's clear that we're seeing some rough

    February 10, 2016 02:45 am JST
  • North Korea

    Regime dances around sanctions

    SEOUL -- North Korea is pushing ahead with its nuclear and missile development programs in defiance of international threats to impose new sanctions. It has also shown an ability to skirt sanctions that are already in place. The United Nations S

    February 9, 2016 08:15 pm JST
  • Asia salaries

    Japan must pay more or say goodbye

    TOKYO -- For top Japanese companies, staff retention has never been much of a concern. Most employees joined the company after graduation and invariably stayed until retirement. Yet a recent study by professional recruitment company Hays may have ma

    February 9, 2016 01:00 pm JST
  • ASEAN design goods

    Japanese touch sells to the world

    TOKYO -- Adding a foreign twist can make all the difference when seeking a wider appeal, and in the hope of expanding sales overseas, some Southeast Asian companies have sought to add a little Japanese influence to their products. The Nikkei Asian R

    February 8, 2016 07:00 pm JST
  • Top Glove

    Rubber glove maker plans to cut foreign labor by 5% this year to control cost

    KUALA LUMPUR (NewsRise) -- Top Glove, the world's largest maker of natural rubber gloves, said it plans to cut its foreign labour by 5% this year amid rising costs and increasing automation. The reduction in Top Glove's foreign workforce, who cu

    February 8, 2016 01:21 pm JST
  • Infrastructure development

    Urban rail contracts up for grabs in emerging Asia

    BANGKOK -- Emerging Asian countries are launching a slew of urban rail projects, creating business opportunities for companies with advanced expertise and a willingness to shoulder some risk. Thailand plans to solicit bids for four new lines in

    February 8, 2016 07:00 am JST
  • SapuraKencana Petroleum

    Clinching new contracts amid industry weakness

    KUALA LUMPUR -- SapuraKencana Petroleum, Malaysia's largest oil and gas services company by market capitalization, has secured two new engineering maintenance contracts and an extension of a drilling job worth $382 million. One of the contracts

    February 6, 2016 11:35 pm JST
  • Malaysian trade

    Demand from China supports growth amid low commodity prices

    KUALA LUMPUR -- Malaysia's trade growth lost steam in 2015, weighed down by plunging commodity prices but mitigated by higher demand for manufactured goods, data released by its trade office on Friday reveals. Total trade grew 1.2% to 1.465 tril

    February 6, 2016 09:48 pm JST
  • Malaysian market wrap

    Shares rise with region as dovish Fed buoys sentiment

    KUALA LUMPUR (NewsRise) -- Malaysian shares rose for a second session Friday, erasing most of the week's losses as thinning expectations of 2016 rate increases by the Federal Reserve and steadying oil prices helped offset ongoing global growth conce

    February 5, 2016 07:50 pm JST
  • Curtis S. Chin and Jose B. Collazo

    Obama must leave a legacy of closer links with SE Asia

    At a ceremony in New Zealand on Feb. 4, representatives of the United States and 11 other Asia-Pacific nations formally signed on to what may well become one of the largest ever multinational trade deals. The Trans-Pacific Partnership will, if imple

    February 5, 2016 07:25 pm JST
  • Andreas Kolbe

    Collapsing crude prices are hurting emerging-market debt

    Investors in emerging-market debt might have hoped for a different start to the New Year. As oil prices have fallen to new lows, markets have demanded ever-larger premiums for buying emerging-market debt. Risk premiums for such debt are now at their

    February 5, 2016 01:00 pm JST
  • Nikkei PMI

    Business services lead Asian growth in January

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for January showed increased business activity in 14 of the 19 industries monitored. Commercial and business services grew the strongest among all industries. Healthcare ser

    February 5, 2016 11:00 am JST
  • Overseas expansion

    Toridoll goes halal with purchase of Malaysian noodle chain

    OSAKA -- Japanese udon purveyor Toridoll will buy into an operator of a Malaysian noodle chain as part of a long-term strategy to widen its footprint overseas. In a deal valued at roughly 800 million yen ($6.73 million), Toridoll will buy 40% of

    February 5, 2016 04:00 am JST
  • Lunar New Year

    Asian markets pause for holiday; travel rush begins

    TOKYO -- Businesses in China and Southeast Asia will take a breather for the Lunar New Year holiday starting Monday, with many people planning to travel. Stock markets in mainland China and Taiwan will close for several days in observance of the

    February 5, 2016 12:30 am JST
  • Malaysian market wrap

    Shares rise, ringgit jumps to near 4-month high on dovish Fed comments, oil recovery

    KUALA LUMPUR (NewsRise) -- Malaysian shares and the ringgit rebounded Thursday, in line with other Asian markets, as dovish comments from a Federal Reserve official saw the dollar slide overnight and sparked a big rally in oil prices. The nation

    February 4, 2016 08:25 pm JST
  • AirAsia

    Wins appeal against Competition Commission's ruling on fine

    KUALA LUMPUR (NewsRise) -- AirAsia and Malaysia Airlines won their appeals against a 10 million ringgit ($2.4 million) fine on each airline for breaching the country's competition law. The Malaysian Competition Commission had fined the carriers

    February 4, 2016 08:15 pm JST
  • Maxis

    Telco reports flat earnings in challenging market

    KUALA LUMPUR -- Maxis, Malaysia's largest mobile operator by subscribers, posted a marginal increase in earnings on Thursday, weighed down by a shrinking customer base as expenditures swelled. Net profit grew just 1% year-on-year to 1.73 billion

    February 4, 2016 07:05 pm JST
  • Pacific Rim free trade deal signed in NZ ceremony

    AUCKLAND, New Zealand (Kyodo) -- Twelve Pacific Rim countries representing around 40 percent of the world economy signed a free trade deal Thursday in a ceremony in Auckland, New Zealand. Japan, the United States, New Zealand and nine other cou

    February 4, 2016 03:00 pm JST
  • Tobias Harris

    US uncertainty should not stop Asian leaders from ratifying TPP

    The Trans-Pacific Partnership was signed in New Zealand on Feb. 4, starting the race to ratify the historic twelve-country trade agreement. By signaling that it intends to pass TPP implementing legislation during the 2016 ordinary session, the cabin

    February 4, 2016 12:00 pm JST
  • Andreas Kolbe: Oil's collapse is battering emerging-market debt

    Investors in emerging-market debt might have hoped for a different start to the New Year. As oil prices have fallen to new lows, markets have demanded ever-larger premiums for buying emerging-market debt. Risk premiums for such debt are now at their

    February 4, 2016 12:00 pm JST