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  • Turning family businesses into global players

    NEW YORK -- Riverside Asia Partners, the business arm in Singapore of U.S.-based private equity firm Riverside, is expanding its investments into Asian business. The Asian fund had $259 million in assets under management as of December 2014. Managin

    April 2, 2015 12:00 am JST
  • Foreign investors snap up Japanese property on weak yen

    TOKYO -- Tokyo Star Bank, acquired in 2014 by CTBC Bank, one of Taiwan's largest financial institutions, frequently receives inquiries from individual Taiwanese investors wishing to invest in Japanese real estate. In fact, the Tokyo bank, which

    April 2, 2015 12:00 am JST
  • India's economic muscle seen powering Asia's growth

    MANILA/HONG KONG -- Asia will sustain last year's 6.3% growth for another two years thanks to lower oil prices and improvements in India, Southeast Asia and the U.S., according to the Asian Development Bank's latest economic outlook. The internation

    April 2, 2015 12:00 am JST
  • World leaders gather to pay final respects to Lee Kuan Yew

    SINGAPORE -- Singapore held a state funeral March 29 for the country's first prime minister, Lee Kuan Yew, who died March 23 at the age of 91. Foreign dignitaries from 23 countries attended the memorial, including Indian Prime Minister Narendra

    April 2, 2015 12:00 am JST
  • Fuel-efficient tires

    Zeon plans 2nd Singapore factory for specialized synthetic rubber

    TOKYO -- Zeon will double its capacity in Singapore for a type of synthetic rubber favored by tire makers boosting their production of fuel-efficient tires. The leading Japanese maker of synthetic rubbers and high-function materials will invest

    April 1, 2015 02:57 am JST
  • AEC Forum

    Political stability essential for economic vitality

    BANGKOK -- Speaking to a forum addressing the forthcoming Asean Economic Community, regional business leaders reiterated the mantra that stable politics and successful businesses are inseparable, and that stability remains a central concern for fore

    April 1, 2015 12:00 am JST
  • New R&D center

    Abbott Laboratories finds a home in Singapore

    NEW YORK -- Abbott Laboratories, a U.S.-based global health care company, is ramping up its Asian operations to cash in on the region's growing demand for nutrition supplements. Abbott, which already has plants in China and India, has spent $24

    March 31, 2015 07:00 pm JST
  • Remembering Lee

    Singapore's era of diplomatic influence

    SINGAPORE -- Visionary leader Lee Kuan Yew played an important role in key postwar developments which shaped the geopolitical landscape in Asia. Born to an ethnic Chinese family, the Cambridge University educated Lee, who died on March 23 at th

    March 30, 2015 07:00 pm JST
  • Lee Kuan Yew

    Singaporeans mourn death of founding father

    SINGAPORE -- The mood was solemn in Singapore on Sunday, as citizens watched the state funeral of Singapore's founding father, former Prime Minister Lee Kuan Yew. Lee's coffin left Parliament House at half past noon and made its way through the c

    March 29, 2015 07:47 pm JST
  • Singaporeans journey home to farewell Lee Kuan Yew

    SINGAPORE (Dow Jones) --Between trips to Myanmar and Thailand, Choong Luen Lien stopped for 24 hours in his home country, Singapore, to honor its founding father, Lee Kuan Yew, who died last Monday. "I'm not sentimental by nature, but I felt that

    March 29, 2015 07:20 pm JST
  • Lee Kuan Yew

    World leaders gather to pay final respects

    SINGAPORE - Singapore held a state funeral Sunday for the country's first prime minister, Lee Kuan Yew, who died March 23 at the age of 91. Foreign dignitaries from 23 countries attended the memorial, including Indian Prime Minister Narendra Modi,

    March 29, 2015 06:43 pm JST
  • Lee Kuan Yew

    Statesman built a bridge between China, Taiwan

    TAIPEI -- Lee Kuan Yew is mostly remembered as the architect of modern Singapore. But history will not forget the role he played in trying to bring the peoples of Taiwan and China together. The "founding father of Singapore" passed away Monday a

    March 29, 2015 12:00 am JST
  • Lee Kuan Yew

    Mahathir saddened by his longtime rival's death

    KUALA LUMPUR -- Mahathir Mohamad, Malaysia's prime minister for more than 20 years, has written that Southeast Asia lost a strong leader with the passing of Lee Kuan Yew. In a blog entry entitled, "Kuan Yew and I," Mahathir said he is saddened b

    March 27, 2015 08:55 pm JST
  • Abe to attend state funeral for ex-Singapore leader Lee: gov't

    TOKYO (Kyodo) -- Japanese Prime Minister Shinzo Abe will visit Singapore on Sunday for a state funeral for former Prime Minister Lee Kuan Yew, the government said Friday. Taking into account Lee's "significant contribution to peace and prosperit

    March 27, 2015 11:21 am JST
  • Eyeing Asian markets

    SMBC to promote more foreigners to high-level positions

    TOKYO -- Sumitomo Mitsui Banking Corp. said Thursday it will double the number of foreign executive officers and boost the proportion of local managerial staff abroad during the fiscal year that begins Wednesday. Employees from overseas will acc

    March 27, 2015 05:46 am JST
  • Singaporean equities

    Market unfazed by Lee Kuan Yew's passing

    SINGAPORE -- Shares traded higher here Thursday, even as most Southeast Asian markets ended lower. The benchmark Straits Times Index edged up 0.36% to finish the day at 3,431.59. Monday's death of founding father Lee Kuan Yew has not adverse

    March 27, 2015 12:27 am JST
  • Japan property market

    Foreign real estate investment rising sharply on weaker yen

    TOKYO -- Tokyo Star Bank, acquired in 2014 by CTBC Bank, one of Taiwan's largest financial institutions, frequently receives inquiries from individual Taiwanese investors wishing to invest in Japanese real estate. In fact, the Tokyo bank, which

    March 26, 2015 01:00 pm JST
  • Learning from Lee

    Hasty wage hikes could be all risk and no gain

    Fifty years have passed since Singapore gained independence under Lee Kuan Yew, who died Monday. Photographs from the city-state's early days show flooded streets lined with run-down stalls -- a sight still common in the rest of Southeast Asia.

    March 26, 2015 04:45 am JST
  • Peter Montagnon: Lee's passing leaves questions about Singapore's future

    I first met Lee Kuan Yew the day Tony Blair won the 1997 election in Britain, putting an end to 18 years of Tory government. I asked Lee what he thought of the result. He replied that Blair was an intelligent man who should do what his own People's

    March 26, 2015 12:00 am JST
  • Frederic Neumann: Infrastructure needed in emerging Asia

    Governments are understandably reluctant to splurge. Europe provides a powerful reminder that burgeoning public debt can lead to severe financial headaches over time. But being overly cautious on spending creates problems too. This is particular

    March 26, 2015 12:00 am JST