Search results

Results 21 - 40 of 3802
  • Company in focus

    Hong Kong's MTR is praised abroad for efficiency, but criticized at home

    HONG KONG -- MTR has been venturing abroad long before the Belt and Road Initiative was proposed by Chinese President Xi Jinping in 2013.But it was not until recently that the monopoly operator of Hong Kong's profitable metro system said it wante

    May 21, 2017 12:00 pm JST
  • 'TPP 11' ministers in discord ahead of Sunday meeting

    HANOI -- Ministers from the 11 remaining TPP countries will sit down together here on Sunday to discuss implementing the trade deal without the U.S.But events on Saturday showed they remain at odds.There is a major sticking point. Japan wants the jo

    May 21, 2017 01:45 am JST
  • Asia-Pacific meeting puts Trump's trade turmoil center stage

    HANOI (Reuters) -- U.S. President Donald Trump's new trade representative held his first face-to-face meetings with some key partners on Saturday as the United States charts an "America First" policy that has upended the old global order and sparked

    May 20, 2017 03:30 pm JST
  • Mattis: North Korea military solution would be 'tragic on an unbelievable scale'

    WASHINGTON (Reuters) -- U.S. Defense Secretary Jim Mattis said on Friday that any military solution to the North Korea crisis would be "tragic on an unbelievable scale" and said Washington was working internationally to find a diplomatic solution."W

    May 20, 2017 04:45 am JST
  • Malaysia's economy grows at fastest pace in 2 years in Q1

    KUALA LUMPUR -- Malaysia's economy grew at a 5.6% annual pace in the January to March quarter, supported by private-sector spending and exports, the central bank said Friday.That beat the median forecast for 4.8% growth by economists in a poll condu

    May 19, 2017 11:25 pm JST
  • IHH Healthcare's net profit nearly doubles on divestment gain

    KUALA LUMPUR (Nikkei Markets) - IHH Healthcare, Asia's largest listed hospital operator by market value, cautioned of rising costs after its first quarter net profit nearly doubled on year, helped by one-off gain from partial sale of a non-core asse

    May 19, 2017 11:04 pm JST
  • Cambodia names business school after AirAsia's Fernandes

    KUALA LUMPUR -- Tony Fernandes, group chief executive of budget carrier AirAsia, is known for naming jets after other people, branding them with their pictures. In the past, former Manchester United footballer Park Ji-sung, and more recently Anaz Ta

    May 19, 2017 09:42 pm JST
  • Beyond udon -- Japanese chain winding its way to success

    TOKYO -- Takaya Awata, the 55-year-old founder of Japan's Toridoll Holdings, has a dream. He wants to make his company one of the world's biggest restaurant groups. But the operator of Japan's largest udon chain doesn't plan on doing that with the t

    May 19, 2017 04:15 pm JST
  • Malaysia GDP grows 5.6% on year in Q1, fastest pace in 2 years

    KUALA LUMPUR (Reuters) -- Malaysia's economy grew at a better-than-expected 5.6 percent in the first quarter from a year earlier, the highest in two years as private expenditure and exports drove recovery, central bank data showed on Friday.Growth w

    May 19, 2017 01:24 pm JST
  • TPP ministers head to Vietnam to debate pact's fate

    TOKYO -- Negotiators and ministers from Trans-Pacific Partnership countries are set to begin deciding the future of the trade pact without the U.S.Nobuteru Ishihara, Japan's economic revitalization minister, spoke with reporters on Friday morning be

    May 19, 2017 12:50 pm JST
  • Rakuten-Kenanga partner in Malaysian online stock trading

    KUALA LUMPUR -- Japanese e-commerce company Rakuten made its first foray into online stock trading in Malaysia on Thursday, hoping to capture 30% of the market share in three years.Rakuten Trade, a 50-50 joint venture between Rakuten Securities and

    May 18, 2017 11:20 pm JST
  • Malaysia's iflix sets its sights on emerging-market eyeballs

    Mark Britt, the Australian co-founder and chief executive of iflix, is clear about his company's focus: emerging markets and their vast, barely tapped opportunity. "We are passionate [about the] billion people who will have smartphones for the first

    May 18, 2017 10:00 am JST
  • Companies in focus: Homegrown services give Asia the online video it really wants

    BALI, Indonesia Asian TV has long been known for its rice-porridge programming. Public broadcasters reigned over the region, and their shows rarely deviated from the monotonous.As internet connectivity improved, though, online video services blossom

    May 18, 2017 10:00 am JST
  • Bandar Malaysia development rebooted after China deal fails

    KUALA LUMPUR -- Prime Minister Najib Razak announced on Wednesday a new management team to revive the stalled Bandar Malaysia development after a deal with a Chinese-led consortium collapsed. Irwan Serigar Abdullah, a top finance ministry official,

    May 18, 2017 12:50 am JST
  • Malaysia's April inflation rate eases, firms rate pause expectation

    KUALA LUMPUR (Nikkei Markets) - Malaysia's consumer prices rose at a slower-than-expected pace in April, bolstering expectations that the central bank will likely keep the key policy interest rate steady through 2017, after annual inflation rate sur

    May 17, 2017 07:00 pm JST
  • Mobile payments going viral in Southeast Asia

    BANGKOK -- For a region that has lagged behind the rest of the world in terms of the number of credit cards and banking accounts, Southeast Asia has made remarkable strides toward a cashless society through the use of smartphone payments.Spreading l

    May 17, 2017 11:00 am JST
  • Asia scrambles to put up defense amid global cyberattacks

    SINGAPORE -- Asian countries have managed to escape the global ransomware attacks over the weekend largely unscathed, but they are well aware of their vulnerabilities amid the growing popularity of smartphones and work culture in the region.Respondi

    May 17, 2017 06:10 am JST
  • Sime Darby, MMC team up for halal exports to China

    KUALA LUMPUR -- Two Malaysian companies operating ports are joining forces to service the halal market in China, which has over 30 million Muslims.Northport and Weifang Sime Darby Port announced on Monday a memorandum of understanding to facilitate

    May 16, 2017 09:47 pm JST
  • Sime Darby sells vehicle distribution business in Australia, New Zealand

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's Sime Darby, the world's largest palm oil producer by acreage, Tuesday announced the sale of its vehicle distribution business in Australia and New Zealand, yet another step as the conglomerate restructures

    May 16, 2017 08:35 pm JST
  • Malaysia's AirAsia to launch China budget carrier unit

    KUALA LUMPUR -- Malaysian budget carrier AirAsia has signed an estimated $100 million agreement to build a hub in central China, a deal the company described on Sunday as the "final piece of the puzzle" in its regional expansion.The group signed a m

    May 15, 2017 11:24 pm JST