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  • As developers step up Singapore land purchases, slump in home prices may end

    SINGAPORE (Nikkei Markets) - Property developers continue to bid aggressively for residential sites in Singapore, a sign that many expect home prices to reverse course after more than three years of decline.Demand for land in Singapore is also being

    June 2, 2017 05:19 pm JST
  • ASEAN PMI falls to 50.5 in May

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, fell to 50.5 in May from 51.1 in April.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction.Latest data indicated that only fo

    June 2, 2017 09:30 am JST
  • Mazda aims upmarket with Thai dealership revamp

    TOKYO -- Mazda Motor will spruce up all of its dealerships in Thailand, as part of its plan to sell more cars in the Southeast Asian market.The Japanese automaker aims to increase sales in the ASEAN region to 150,000 units by the year ending March 2

    June 2, 2017 02:38 am JST
  • Chinese automakers launch a global offensive via emerging Asia

    BANGKOK -- To get an idea of just how dramatically Asia's auto industry is changing, one need only look at Southeast Asia and India, where Chinese newcomers are looking to make inroads even as traditional heavyweights bow out.Take the recent surpris

    June 1, 2017 01:30 pm JST
  • ASEAN exports and consumption are up, but for how long?

    SINGAPORE/MANILA One weekend in late May, car dealerships in Singapore's Queenstown were packed with families and middle-aged couples hunting for new cars. Brochures in hand, a 50-year-old businessman had been visiting showrooms of upscale brands su

    June 1, 2017 10:00 am JST
  • ASEAN exports and consumption are up, but for how long?

    SINGAPORE/MANILA One weekend in late May, car dealerships in Singapore's Queenstown were packed with families and middle-aged couples hunting for new cars. Brochures in hand, a 50-year-old businessman had been visiting showrooms of upscale brands su

    June 1, 2017 10:00 am JST
  • Mobile payments are catching on strong in Southeast Asia

    BANGKOK Cash is still king in Southeast Asia, but may be dethroned sooner rather than later as the region embraces the cashless society using smartpones tied to mobile payment systems.One rising star in the cashless market is Thailand's Rabbit trans

    June 1, 2017 10:00 am JST
  • India is an automakers' paradise -- for foreign players

    MUMBAI India boasts the world's fifth-largest auto market and a rapidly growing economy. While this should be a blessing for local carmakers, they are instead struggling to fend off intense competition from foreign rivals.Tata Motors, India's larges

    June 1, 2017 10:00 am JST
  • China, India and the global auto industry's transformation

    Zhejiang Geely Holding Group's acquisition of a 49.9% stake in Malaysian automaker Proton Holdings from DRB-Hicom is unlikely to trigger an immediate change in the Southeast Asian market overall. Japanese automakers, particularly Toyota Motor, hold

    June 1, 2017 10:00 am JST
  • Chinese automakers launch a global offensive via emerging Asia

    BANGKOK To get an idea of just how dramatically Asia's auto industry is changing, one need only look at Southeast Asia and India, where Chinese newcomers are looking to make inroads even as traditional heavyweights bow out.Take the recent surprise o

    June 1, 2017 10:00 am JST
  • Malaysia's PMI returns to contraction in May

    TOKYO -- The Nikkei Malaysia Manufacturing Purchasing Managers' Index, or PMI, dropped to 48.7 in May from 50.7 in April.A reading above 50 indicates economic expansion, while one below 50 points to a contraction.Output, new orders and purchasing ac

    June 1, 2017 09:30 am JST
  • Nikkei Asia300's movement depends on growth, stability, U.S.

    TOKYO -- The Nikkei Asia300 Index has been rising recently. The reason is that investment capital has been flowing into Asian markets from around the world in pursuit of growth and yields. However, money can be capricious. Fear of a risk can quickly

    May 31, 2017 10:00 pm JST
  • Nikkei Asia 300 Index marks six months with 17% rise

    TOKYO -- The Nikkei Asia300 Index, tracing some 300 of Asia's must-watch listed companies, marked its first six months on Thursday with a 17% gain since its debut.The Nikkei Asia300 Index stood at 1229.14 on May 31, while the index started at 1052.9

    May 31, 2017 10:00 pm JST
  • Nikkei Asia300 index reflects Asian companies' growing momentum

    The Nikkei Asia300 Index is a composite stock index comprising over 300 of Asia's most influential listed companies, allowing users to grasp overall stock trends in Hong Kong, China, South Korea, Taiwan, India and six Southeast Asian countries.In ad

    May 31, 2017 10:00 pm JST
  • Sime Darby's net profit rises 5.4% on year, on track to list units this year

    KUALA LUMPUR (Nikkei Markets) - Malaysia's Sime Darby, the world's largest palm oil producer by acreage, said Wednesday its fiscal third-quarter net profit rose 5.4%, helped by higher contribution from its plantation, industrial and motor divisions.

    May 31, 2017 07:56 pm JST
  • Kim Jong Nam murder trial progresses to higher court

    KUALA LUMPUR -- A Malaysian court approved on Tuesday moving the trial for the assassination in February of North Korea's Kim Jong Nam to a higher court capable of handling the case.Acting magistrate Harith Sham Mohamed Yasin granted the application

    May 30, 2017 09:38 pm JST
  • Genting's net profit soars more than fourfold in first quarter

    KUALA LUMPUR -- Malaysian casino operator Genting posted stronger earnings in the first quarter of 2017, driven by favorable foreign exchange and an asset disposal boost at its Singapore operations.Net profit jumped to 603 million ringgit ($142 mill

    May 30, 2017 06:45 pm JST
  • Panasonic turning up volume on Asian TV ops

    OSAKA -- Panasonic looks to build up to 50% more televisions in Asia outside Japan by fiscal 2020, taking advantage of low labor costs to churn out mass-market to top-of-the-line sets.The Japanese appliance manufacturer targets 3 million units of pr

    May 30, 2017 06:08 am JST
  • MMC's net profit up 7.4% in first quarter

    KUALA LUMPUR -- MMC Corp., a Malaysian diversified infrastructure and utilities conglomerate, said on Monday that net profit improved 7.4% year on year to 55 million ringgit ($13 million) in the first quarter of the year due to growth in its power g

    May 30, 2017 12:08 am JST
  • Hong Leong Financial Group posts 32.9% jump in quarterly earnings on strong income

    KUALA LUMPUR (Nikkei Markets) - Hong Leong Financial Group, the flagship financial services arm of Malaysian tycoon Quek Leng Chan, said Monday net profit surged 32.9% in the fiscal third-quarter from a year earlier, helped by higher contribution fr

    May 29, 2017 07:30 pm JST