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  • Genting in NY

    Malaysian leisure giant fails in bids for U.S. casino licenses

    KUALA LUMPUR -- Genting Malaysia, a leading casino operator, said it had failed to secure gaming licenses from the New York state gaming regulator but the group did win one indirectly through its owner's privately held company. The New York Gami

    December 19, 2014 03:20 pm JST
  • Tony Tan

    Setting standards for funds passports

    Since August, investors in Malaysia, Singapore and Thailand have been allowed to buy into retail funds offered by fund managers from across ASEAN. Officials are finalizing plans for cross-border fund sales between Hong Kong and mainland China wh

    December 18, 2014 07:00 pm JST
  • PTTEP, Garuda and others

    Falling crude, currencies hurt some Southeast Asia stocks, help others

    BANGKOK -- The drop in crude oil prices and the weakening of local currencies has impacted the stock prices of major corporations in Southeast Asia, with resource companies getting hit hard from falling crude prices while airlines get a boost. A

    December 18, 2014 04:03 am JST
  • Uber in Asia:

    Regulators chase the car-hailing venture

    KUALA LUMPUR/NEW DELHI/BANGKOK -- Uber Technologies kicks up a storm just about everywhere it takes its smartphone-based ride-hailing service. Having run afoul of regulators and incurred the wrath of old-guard taxi companies in the U.S. and Europe,

    December 18, 2014 12:00 am JST
  • More money, more guns

    Asia's military budgets surge as armies go high-tech

    SYDNEY -- On two recent occasions, a pair of Sukhoi Su-30 fighters have taken off from their base near the old Indonesian trading port of Makassar and flown far across the Indonesian archipelago to intercept unidentified aircraft. One of the mys

    December 18, 2014 12:00 am JST
  • Frederic Neumann: Asia does not have a dollar problem

    After a few false starts in recent years, the greenback is embarking on a relentless climb. Major swings in exchange rates force investors to reassess their positions, not just tactically but strategically. Global finance is thus in for a turbul

    December 18, 2014 12:00 am JST
  • SGX out to cement Asian trading hub status via partnerships

    SINGAPORE -- Singapore Exchange is already home to Southeast Asia's largest equity and futures markets, but it has even loftier aspirations: SGX dreams of becoming a true pan-Asian bourse where investors can trade shares from markets across the regi

    December 18, 2014 12:00 am JST
  • Discount carriers take off in Southeast Asia

    Budget carriers are gaining profile in the global air travel industry, with market share in North America, West Europe and two other major regions now over 30%. In Southeast Asia, that figure jumped from just 3% in 2001 to over 50% in 2012. The rapi

    December 18, 2014 12:00 am JST
  • Uber in Asia: Regulators chase the car-hailing venture

    KUALA LUMPUR/NEW DELHI/BANGKOK -- Uber Technologies kicks up a storm just about everywhere it takes its smartphone-based ride-hailing service. Having run afoul of regulators and incurred the wrath of old-guard taxi companies in the U.S. and Europe,

    December 18, 2014 12:00 am JST
  • Brian Toohey: Heavy spending on weaponry feeds Asian instability

    There is no iron law stating that the arms buildup underway in the Asia-Pacific region must trigger a war that would kill millions and wreck economies. However, there is also no reason to suppose that more spending -- combined with the U.S. "pivot"

    December 18, 2014 12:00 am JST
  • Asia's military budgets surge as armies go high-tech

    SYDNEY -- On two recent occasions, a pair of Sukhoi Su-30 fighters have taken off from their base near the old Indonesian trading port of Makassar and flown far across the Indonesian archipelago to intercept unidentified aircraft. One of the mys

    December 18, 2014 12:00 am JST
  • Nikkei/FT symposium

    Experts say Japan should help Southeast Asia strengthen regional ties

    TOKYO -- A Japan Bank for International Cooperation official said Japan needs to provide investments and loans to ASEAN to build electric power facilities, railroads and ports. Senior managing director of the JBIC, Tadashi Maeda, said, "Infr

    December 17, 2014 06:50 pm JST
  • AirAsia amid fuel prices drop

    Budget airlines catch a big break

    KUALA LUMPUR -- Southeast Asia's budget airline industry, where earnings are being eroded by intense competition, finally has a tailwind: Fuel prices are dropping. The share price of Malaysia-based AirAsia, the region's leading low-cost carrier

    December 17, 2014 04:26 pm JST
  • Brahma Chellaney

    Asia on the natural disaster front line

    No continent is more vulnerable to natural disasters than Asia, the world's largest and most populous region. It has the dubious distinction of being home to some of the world's leading natural disaster-related hot spots. One fact confirms Asia'

    December 17, 2014 01:00 pm JST
  • Slowing growth

    Commodities crash fueling volatility in Southeast Asia

    SINGAPORE -- Stock prices fell across the board in Southeast Asia on Tuesday while major local currencies weakened against the dollar, highlighting the risk of an economic slowdown and fiscal deterioration among emerging countries in the region.

    December 17, 2014 05:29 am JST
  • Southeast Asian bourses

    Regional stock markets sliding on oil

    KUALA LUMPUR/JAKARTA -- Stock markets in Southeast Asia took a battering on Tuesday as weakening currencies and falling oil prices triggered a global sell-off of risky assets in emerging markets. The Russian rouble collapsed to a record low of 8

    December 17, 2014 02:05 am JST
  • Petronas institute

    Malaysian oil giant's $80 million center draws trainees from around the globe

    KUALA TERENGGANU, Malaysia -- Waseem Mardan turns off a gas valve controlling pressure on an upstream platform under the watchful eye of an instructor and fellow workers. The Iraqi technician in his mid-twenties from Iraq state-owned Midland Oil Com

    December 16, 2014 07:30 pm JST
  • Lynas pitches to customers in Japan

    Rare earths producers outside China turn to long-term contracts

    TOKYO -- Australian and U.S. rare-earth metals producers are asking buyers to sign long-term contracts with higher prices in exchange for guaranteed supplies. Prices for rare earths prices spiked in 2011 when China, the world's largest producer,

    December 16, 2014 07:00 pm JST
  • Help wanted in Asia

    Japanese recruiters scouring ASEAN for new grads

    TOKYO -- Japanese recruitment companies are extending their reach to other Asian countries to help domestic clients hire new college graduates for their regional expansion plans. As Japanese companies delve deeper into the Association of Southea

    December 16, 2014 03:55 am JST
  • Nomura on Abenomics

    Report gauges impact overseas of Japanese reforms

    SINGAPORE -- Malaysia and other key ASEAN countries are likely to be the most affected by the success or failure of Abenomics, the economic reform policies promoted by Japan's Prime Minister Shinzo Abe, according to a report by Japan's Nomura Securi

    December 16, 2014 12:06 am JST