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  • Felda Global Ventures asks CEO, CFO to go on leave pending probe

    KUALA LUMPUR (Nikkei Markets) - Malaysian palm oil producer Felda Global Ventures Holdings said Tuesday it has asked four officials including its group chief executive and group chief financial officer to go on indefinite leave immediately pending a

    June 6, 2017 07:48 pm JST
  • The Future of Asia 2017

    No single currency should dominate the world: Mahathir

    TOKYO -- Former Malaysian Prime Minister Mahathir Mohamad, who dealt with the 1997 Asian financial crisis during his time as the country's leader, said at a forum in Tokyo on Tuesday that no single currency should be dominant, including the Chinese

    June 6, 2017 07:24 pm JST
  • The Future of Asia 2017

    TPP fairer without US: Malaysia's ex-PM Mahathir

    TOKYO -- The exit of the U.S. from the Trans-Pacific Partnership will pave the way for a more "equitable" deal for Asian countries, Malaysia's former Prime Minister Mahathir Mohamad told a forum of Asian political leaders on Tuesday.Speaking at the

    June 6, 2017 06:28 pm JST
  • Shares of China's Hengan get bump from acquisition plan

    HONG KONG -- Shares of China's Hengan International Group were up in Tuesday trading here as investors favorably reacted to an acquisition plan announced the previous afternoon.Shares of the Chinese maker of disposable diapers and other sanitary goo

    June 6, 2017 02:10 pm JST
  • Asia manufacturing turns soft as China's construction loses steam

    HONG KONG -- The recovery of Asian manufacturing proved to be short-lived. Of the 12 economies tracked by The Nikkei across the region, seven registered slower growth and three saw contractions in May. Analysts noted that the downturn has much to do

    June 6, 2017 12:35 pm JST
  • The Future of Asia 2017

    World Bank's Levy calls for new type of globalism

    TOKYO -- Asia should champion a new form of globalism, such as one that facilitates cross-border infrastructure investments, World Bank Managing Director Joaquim Levy said in a speech at the 23rd International Conference on the Future of Asia on Tue

    June 6, 2017 12:21 pm JST
  • Japan reaches out to devout travelers with religious accommodations

    TOKYO -- A prayer room opened in Tokyo Station on Monday, the latest effort by Japan to attract more Muslims, Buddhists and other religiously observant tourists from Asia.The 8-sq.-meter space is located in the station's travel service center. The s

    June 6, 2017 10:47 am JST
  • The Future of Asia 2017

    South China Sea agreement expected in November: official

    TOKYO -- Asian countries will likely agree on a code of conduct for the South China Sea when regional leaders meet for a summit in November, Philippine Foreign Affairs Undersecretary for Policy Enrique Manalo said Monday.Manalo spoke at a panel on t

    June 6, 2017 09:01 am JST
  • Southeast Asian car production on the decline

    BANGKOK -- Southeast Asia's car output is falling, as new car sales in the region in April grew at a slower pace than in previous months.New-car sales rose 4% in April, decelerating from the double-digit growth seen in February and March.Output, mea

    June 6, 2017 03:24 am JST
  • Malaysia's April exports rise 20.6% on strong China shipments

    KUALA LUMPUR (Nikkei Markets) - Malaysia's April exports rose 20.6% from a year earlier thanks to higher shipments to China and robust demand for electronics items, official data Monday showed.Exports in April totalled 74 billion ringgit ($17.36 bil

    June 5, 2017 07:55 pm JST
  • The Future of Asia 2017

    Threats to free trade 'cannot be taken lightly,' ASEAN chief warns

    TOKYO -- The chief of Southeast Asia's regional bloc on Monday pushed back against the emerging anti-globalization mood, stressing a commitment to continued economic integration and open trade.Le Luong Minh, a veteran Vietnamese diplomat who became

    June 5, 2017 04:22 pm JST
  • The Future of Asia 2017

    Japan should invite China to join TPP, Singapore's Goh says

    TOKYO -- It is up to Japan and China to drive free trade and economic integration in Asia, and they have to do it "in tandem, not as rivals," Goh Chok Tong, Singapore's former prime minister, said on Monday. On the Trans-Pacific Partnership, specifi

    June 5, 2017 02:07 pm JST
  • Asian flagship carriers sink as Chinese airlines expand

    HANOI -- Major Asian airlines find themselves increasingly squeezed due to the advent of low-cost carriers, rising fuel prices and intense price competition stemming from a sharp expansion of international operations by Chinese air carriers.Chinese

    June 5, 2017 09:00 am JST
  • An animated look at how Asia has changed over 50 years

    Asia has changed considerably since the Association of Southeast Asian Nations came together as a political bloc in August 1967. But how can we get a sense of the pace and direction of that change? Inspiration comes from the Gapminder Foundation,

    June 5, 2017 08:00 am JST
  • China tries to play nice at key security forum

    SINGAPORE -- Although China attempted to strike a more conciliatory tone in this year's Shangri-La Dialogue, a major Asian security forum held here through Sunday, officials' uncompromising comments on Taiwan and the South China Sea only highlighted

    June 5, 2017 05:51 am JST
  • Shangri-La Dialogue focuses on terrorism in SE Asia

    SINGAPORE -- In the wake of the Manchester and London attacks, pipe bombs in Bangkok, suicide bombings in Jakarta, and a besieged city in the southern Philippines, Southeast Asian nations harbor few doubts about the likelihood of more terrorism ahea

    June 4, 2017 09:13 pm JST
  • Japan, Malaysia defense chiefs agree to work closely on N. Korea

    SINGAPORE (Kyodo) -- The defense ministers of Japan and Malaysia agreed Sunday their countries will work closely to ease tensions over North Korea and in regional waters based on international law.An official traveling with Japanese Defense Minister

    June 4, 2017 07:04 pm JST
  • Japan's Noh theater breathes new life in Malaysia

    PENANG, Malaysia -- A man dressed in heavy robes moves slowly across a platform while the sound of drums intensifies in a dramatic crescendo. His steps are as light as they are powerfully choreographed, every expert movement contributing to heighten

    June 3, 2017 02:00 pm JST
  • Way to Southeast Asian shoppers' hearts? Through their feeds

    TOKYO -- Partnering with social media superstars is a new favorite tactic of advertisers in Southeast Asia, lending products the poster's cache and a chance to be seen by their multitude of followers."Look, there's magic all around," wrote Melissa K

    June 3, 2017 05:38 am JST
  • Petronas remains cautious despite first quarter profit surge

    KUALA LUMPUR (Nikkei Markets) - Malaysia's Petroliam Nasional said Friday it will maintain a 'conservative outlook' even after net profit-more-than-tripled in the first quarter on the back of oil prices recovery, lower write-down on assets and cost-

    June 2, 2017 08:03 pm JST