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  • AirAsia's January-March passenger traffic rises 9% on year

    KUALA LUMPUR (Nikkei Markets) - Malaysia's AirAsia, the largest discount carrier by fleet in Asia, said passenger traffic rose 9% year-on-year in the first quarter thanks to strong demand in its home market as well as in Thailand, Philippines, and I

    May 2, 2017 08:18 pm JST
  • Nikkei unveils Nikkei Markets English-language newswire service

    KUALA LUMPUR -- Japanese media organization Nikkei Inc. introduced a new English-language newswire service, Nikkei Markets, on Tuesday. Launched in Apr.3, Nikkei Markets will cover blue chips, but it will also delve deeper, covering small- and mid-c

    May 2, 2017 08:10 pm JST
  • Japan truck makers offer swag in Southeast Asia

    TOKYO -- Two leading Japanese truck makers are bolstering their after-sales services to further cement their solid positions in Southeast Asia.Mitsubishi Fuso Truck and Bus will start building a chain of 24-hour repair shops in Indonesia, while Hino

    May 2, 2017 03:00 pm JST
  • US lining up Asian partners to contain North Korea

    TOKYO/WASHINGTON -- U.S. President Donald Trump is stepping up efforts to build an international coalition against North Korea, with phone calls to Asian leaders, conferences at the White House, and a show of military might off the Korean Peninsula.

    May 2, 2017 02:57 pm JST
  • Malaysia manufacturing PMI rises to 50.7 in April

    TOKYO -- The Nikkei Malaysia Manufacturing Purchasing Managers' Index, or PMI, rose to 50.7 in April from 49.5 in March.A reading above 50 indicates economic expansion, while one below 50 points to a contraction. April's data recorded the above-50 l

    May 2, 2017 09:30 am JST
  • Tea Leaves

    Diversity trumps 'Asian values'

    Political and strategic policy differences between the democracies of Northeast and Southeast Asia are widening. In the era of globalization and social media, long-assumed cultural similarities between these two regions are not holding up. This is i

    May 1, 2017 12:00 pm JST
  • ASEAN makes concession to China

    MANILA -- In a nod to Beijing's lobbying, Southeast Asian leaders concluded a summit here on Saturday by avoiding references to China's island-building in the South China Sea and to a landmark arbitration ruling that rendered such projects illegal.T

    April 30, 2017 12:15 pm JST
  • ASEAN summit opens with concerns over threats to peace, stability

    MANILA (Kyodo) -- Leaders of the Association of Southeast Asian Nations kicked off their summit Saturday with Philippine President Rodrigo Duterte expressing concerns over threats to regional peace and stability, while also stressing the need to tac

    April 29, 2017 04:08 pm JST
  • Kavi Chongkittavorn

    ASEAN at 50: Carry on soul searching?

    The slogan of ASEAN 2017 under its Philippine chairmanship -- "Partnership for Changes, Engaging the World" -- is telling. After five decades of existence, the Association of Southeast Asian Nations continues to do what it has always done best -- so

    April 28, 2017 11:50 pm JST
  • Malaysia Airports Holdings' net profit rises on strong home market

    KUALA LUMPUR (Nikkei Markets) - Malaysia Airports Holdings, which operates the Kuala Lumpur International Airport, said Friday its first-quarter net profit surged nearly four-fold from a year earlier thanks to lower depreciation and better local ope

    April 28, 2017 08:06 pm JST
  • ASEAN airs 'grave concern' over North Korea missile tests

    MANILA -- The Association of Southeast Asian Nations on Friday became the latest body to voice anxiety over rising tensions in the Korean Peninsula. In a statement, ASEAN foreign ministers expressed their "grave concern over the escalation of tensio

    April 28, 2017 05:30 pm JST
  • Japan pursues currency swaps with ASEAN members

    TOKYO -- Japan seeks to establish bilateral currency swap frameworks with members of the Association of Southeast Asian Nations as a hedge against tight fund supplies in a financial crisis and also as a counter to the growing influence of the yuan.T

    April 28, 2017 04:50 am JST
  • Sony unit eyes 8 new music halls across Asia

    TOKYO -- Sony Music Entertainment plans to open performance halls in eight major Asian cities by 2023, with an eye on tapping demand from Japanese artists for high-quality venues to stage concerts for their growing legions of fans.Zepp Hall Network,

    April 28, 2017 03:30 am JST
  • Tenaga Nasional's 2Q net profit climbs 12% on higher electricity demand

    KUALA LUMPUR -- Tenaga Nasional, Malaysia's largest power utility, remains cautious even though net profit grew 12% year on year to 1.48 billion ringgit ($341 million) in the quarter ended Feb. 28.The second quarter's revenue increased 6.4% to 11.2

    April 28, 2017 12:50 am JST
  • Asia-Pacific leads global business travel

    BANGKOK -- Business travel within Asia is growing at twice the pace of the rest of the world and looks set to overtake the top-spending Americas within 10 years, according to research by the World Travel and Tourism Council, a leading industry body,

    April 27, 2017 11:20 pm JST
  • Maxis' net profit slackens in nearly two years as costs mount

    KUALA LUMPUR (Nikkei Markets) - Maxis, Malaysia's second-largest mobile telecom firm by subscribers, reported its first quarterly net profit decline in nearly two years as operating costs rose amid depleting customer base.Net profit for the three mo

    April 27, 2017 09:53 pm JST
  • Singapore, Malaysia stocks fall after Trump's tax plan

    SINGAPORE (Nikkei Markets) -- Singapore and Malaysia shares edged lower as U.S. President Donald Trump's much-awaited plan for tax reforms lacked details, disappointing investors.U.S. stocks edged lower overnight after Trump proposed to cut corporat

    April 27, 2017 07:30 pm JST
  • TPP talks to get going -- with notable absentee

    TOKYO -- The 11 remaining signatories to the Trans-Pacific Partnership will start talks next week aimed at putting the trade agreement into force, without the participation of the U.S. Lead negotiators gather in Canada to begin the new talks on May

    April 27, 2017 06:35 pm JST
  • Stronger yen digs into Komatsu's earnings

    TOKYO -- Komatsu, the world's second-largest construction and mining machinery maker, saw its annual earnings slide as a stronger yen erased gains from increasing demand in China and Indonesia.The 95-year-old company saw its revenue for the year end

    April 27, 2017 06:00 pm JST
  • The long, frustrating quest for free trade in Asia

    SINGAPORE -- It was a punch in the gut for Jenesis (Shenzhen) when the U.S. called it quits on the Trans-Pacific Partnership. Just like that, the contract electronics manufacturer's very raison d'etre was thrown into question.Jenesis, which supplies

    April 27, 2017 12:00 pm JST