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  • Singapore's residential market dips

    SINGAPORE -- Singapore's residential market is showing signs of decline in the wake of official cooling measures implemented to avert oversupply. The official property price index for the first quarter of 2014 revealed a second consecutive quarter-o

    June 11, 2014 01:00 am JST
  • Temp Holdings poised for SE Asian expansion

    TOKYO -- Nearly a year after acquiring domestic peer Intelligence, major Japanese recruiter Temp Holdings has integrated the two companies' overseas job placement services and is now poised for aggressive expansion. Temp Holdings' main focus is

    June 10, 2014 07:00 pm JST
  • China office rents stalling despite broader Asian rise

    TOKYO -- Major Asian cities from Tokyo to Singapore are seeing an upswing in office rents, while China's business districts -- plagued by overbuilding -- are logging mostly flat numbers. According to U.S. real estate information service firm CBR

    June 10, 2014 01:00 pm JST
  • Hyatt's upscale Andaz Tokyo ready to welcome first guests

    TOKYO -- Hyatt Hotels of the U.S. will open the Andaz Tokyo luxury hotel on Wednesday in the Toranomon Hills skyscraper complex in central Tokyo. At a press conference on Monday, Hyatt Chief Executive Officer Mark Hoplamazian indicated a desire

    June 10, 2014 02:32 am JST
  • Major China consortium backs Singaporean logistics

    SINGAPORE -- In a deal valued at almost $2.5 billion, Singapore-based logistics' provider Global Logistic Properties (GLP) has secured backing to expand its operations in China from a high profile mainland consortium comprising the Bank of China, Ch

    June 9, 2014 10:15 pm JST
  • Singapore's CapitaLand buying, delisting mall unit

    SINGAPORE -- CapitaLand of Singapore, Southeast Asia's largest property developer, is on Monday completing the acquisition of its China-focused shopping mall subsidiary, CapitaMalls Asia (CMA), one day before the Singapore Exchange is slated to susp

    June 9, 2014 05:30 pm JST
  • Singapore emerges as unlikely magnet for iron ore industry

    SINGAPORE -- There are no iron ore deposits under the ground in Singapore, but the commodity is trading at an increasingly furious pace on the local exchange. At the same time, some of the world's biggest miners are using the city-state as a base fo

    June 9, 2014 01:00 pm JST
  • Canada's largest occupational pension fund strengthens Asian ties

    In an interview with The Nikkei in Hong Kong, Ron Mock, president and CEO of Ontario Teachers' Pension Plan, talked about plans to strengthen relationships with sovereign wealth funds in Asia and expanding investment in the region. Managing $140.8 b

    June 8, 2014 01:00 pm JST
  • CapitaLand, Banyan Tree add to global serviced apartment networks

    SINGAPORE -- Property companies based in Singapore are broadening their portfolios of serviced apartments overseas. Ascott, a wholly owned subsidiary of Singaporean real estate developer CapitaLand, announced such a move this week. So did Banyan

    June 6, 2014 07:20 pm JST
  • Temasek energy unit kicks LNG business up a notch

    SINGAPORE -- Temasek Holdings, the Singaporean sovereign wealth fund, is expanding its new liquefied natural gas business through wholly owned subsidiary Pavilion Energy. Pavilion has struck an LNG supply deal with France's Total. This follows P

    June 6, 2014 07:10 pm JST
  • Singapore a revolving door for Western universities

    SINGAPORE -- One of the world's top business schools will close its campus here once its 80 or so students graduate next year. The University of Chicago Booth School of Business, which opened the campus in 2000, is unable to renew the school buildin

    June 6, 2014 07:00 pm JST
  • Japan's trade ministry, J. League team up to tap Asian markets

    TOKYO -- The Ministry of Economy, Trade and Industry is bringing its "Cool Japan" cultural campaign to the world of soccer with plans to help the Japan Professional Football League, better known as J. League, break into other Asian markets. The

    June 6, 2014 02:00 pm JST
  • Japan Inc. enhances Asian investor relations

    TOKYO -- Major Japanese companies plan to ramp up their investor relations activities in Hong Kong, Singapore and elsewhere in Asia. By taking advantage of high-profile brand names, they aim to attract investment to help fund expansions in these nat

    June 6, 2014 01:00 pm JST
  • Singtel, Stanchart launch mobile e-money app

    SINGAPORE -- Singapore Telecom and Standard Chartered Bank have launched a mobile application featuring new banking services. In addition to making payments at shops and restaurants or for taxi rides, the new app enables consumers in Singapore to tr

    June 6, 2014 11:40 am JST
  • Online retailer Lazada eyeing bigger slice of SE Asia

    SINGAPORE -- Lazada, a Singapore-based online retailer, is broadening its marketing reach in Southeast Asia with an eye on becoming the Amazon.com of emerging markets. On May 27, it launched e-tailing operations in Singapore -- the sixth Southea

    June 5, 2014 07:00 pm JST
  • Singapore exchange proposes clearer rules for secondary listings

    SINGAPORE -- Singapore Exchange (SGX) said Wednesday that it will seek public comments about a new regulatory framework for secondary listings, designed to give greater clarity to the bourse's review process for listing applications. The proposa

    June 5, 2014 06:03 pm JST
  • 2014 make-or-break year for TPP

    Countries in the Asia-Pacific region need to regard 2014 as the critical year for finalizing talks on the Trans-Pacific Partnership free trade agreement, Singaporean Prime Minister Lee Hsien Loong said in his keynote address on the first day of the

    June 5, 2014 12:00 am JST
  • Asia taking governance more seriously

    HONG KONG -- Corporate governance is improving in much of Asia, with particularly positive trends in Thailand, Japan, Malaysia, Taiwan and Indonesia, according to Jamie Allen, secretary-general of the Asian Corporate Governance Association. Th

    June 5, 2014 12:00 am JST
  • Conference highlights Asia's 'rebalancing' act

    TOKYO -- Intensifying territorial disputes, terrorism, Thai political turmoil and other geopolitical risks formed a sobering backdrop to this year's International Conference on the Future of Asia. "Rebalancing" -- both in a security and economi

    June 5, 2014 12:00 am JST
  • Thai instability to impact region

    The events unfolding in Thailand are likely to have an impact on regional integration, said Asean Secretary-General Le Luong Minh. "We are in the process of building the Asean Economic Community," Minh said on the second day of the conference. "

    June 5, 2014 12:00 am JST