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  • Moody's China downgrade drags Nikkei Asia300 Index lower

    HONG KONG (Nikkei Markets) -- Asian stocks fell Wednesday, led by losses in Chinese equities after Moody's Investors Service cut the nation's sovereign credit rating on concern over rising debt and slowing growth potential.The Nikkei Asia300 Index f

    May 24, 2017 09:02 pm JST
  • Singapore, Malaysia stocks rise as Wall Street gains eclipse China rating cut

    SINGAPORE (Nikkei Markets) -- Singapore shares rose Wednesday following a fourth straight day of advance on Wall Street and banks led Malaysia stocks higher as Asian markets mostly shrugged off Moody's Investors Service lowering China's sovereign ra

    May 24, 2017 07:37 pm JST
  • Nikkei Asia300 Index edges higher after US stocks rise for third day

    HONG KONG (Nikkei Markets) -- Asian stocks rose Tuesday as investors took cues from Wall Street's third consecutive day of advance, shrugging off risk aversion after a blast in Britain's Manchester killed at least 22 people.The Nikkei Asia300 Index

    May 23, 2017 09:19 pm JST
  • Singapore shares rise as U.S. political worries ebb; Malaysia stocks fall on weak earnings

    SINGAPORE (Nikkei Markets) -- Singapore shares rose Tuesday as investor concerns triggered by U.S. political uncertainty continued to fade. Malaysia shares, weighed by tepid earnings, edged lower.U.S. stocks advanced for a third day overnight, with

    May 23, 2017 07:50 pm JST
  • Singapore's OCBC starts private-banking business in Indonesia

    SINGAPORE -- Oversea-Chinese Banking Corp., Singapore's second-largest bank by assets, has launched private banking in Indonesia in a bid to expand its market share in Asia's wealth management industry.The bank announced Monday that local subsidiary

    May 23, 2017 10:45 am JST
  • Honda's business jet spreads wings to Southeast Asia

    TOKYO -- Honda Motor will begin selling its business jet in several Southeast Asian markets to capitalize on the region's economic growth, the Japanese automaker said Monday.Honda tapped Thai Aerospace Services as its first-ever HondaJet dealer in S

    May 23, 2017 12:02 am JST
  • 16 Asia-Pacific nations agree to conclude free trade talks soon

    HANOI (Kyodo) -- Ministers from 16 Asia-Pacific countries agreed Monday in Hanoi to conclude a regional free trade deal swiftly, with their joint statement expressing their hope to strike a deal by the end of this year, which falls in the "milestone

    May 22, 2017 11:11 pm JST
  • Southeast Asia digital consumer market to hit $50bn in 2017: report

    SINGAPORE -- An increasing number of Southeast Asian people are relying on digital means to purchase products and services, helping the region's internet economy to balloon to more than $50 billion, according to a report by Bain & Co.The management

    May 22, 2017 10:00 pm JST
  • Nikkei Asia300 Index rises after Wall Street, crude oil gains

    HONG KONG (Nikkei Markets) - Asian stocks outside of Japan rose Monday, as sentiment improved after U.S. stocks rebounded and strength in crude oil prices boosted energy producers.The Nikkei Asia300 Index rose 0.7%, or 8.5 points, to 1,222.82. Chine

    May 22, 2017 09:14 pm JST
  • Singapore Airlines shares continue to fall as fears about margins grow

    SINGAPORE (Nikkei Markets) -- Shares of Singapore Airlines continued to fall for a second day after a dismal earnings report raised concerns that the carrier's margins would remain under pressure for some time due to the brutal competition in the av

    May 22, 2017 08:19 pm JST
  • Malaysia stocks rise on Wall Street gains; Singapore shares edge lower

    SINGAPORE (Nikkei Markets) -- Shares in Malaysia rose Monday, tracking a rebound in U.S. equities and gains in crude oil prices. Singapore stocks ended marginally lower.U.S. stocks rose for a second day on Friday, recovering from a selloff seen earl

    May 22, 2017 07:39 pm JST
  • Japanese biotech euglena hopes to flourish overseas

    TOKYO -- Tokyo-based euglena, a biotech venture formed by the University of Tokyo is expanding overseas operations. The producer of algae-based products started selling supplements in Singapore and cosmetics in Macau last month.At Wednesday's earnin

    May 21, 2017 01:00 pm JST
  • Company in focus

    Hong Kong's MTR is praised abroad for efficiency, but criticized at home

    HONG KONG -- MTR has been venturing abroad long before the Belt and Road Initiative was proposed by Chinese President Xi Jinping in 2013.But it was not until recently that the monopoly operator of Hong Kong's profitable metro system said it wante

    May 21, 2017 12:00 pm JST
  • China seeks alternative benchmark for iron ore

    TOKYO -- As the global steel industry grapples with mercurial prices for iron ore, a Chinese industry group has called for a new pricing benchmark that better reflects its home market.Wang Liqun of the China Iron and Steel Association criticized the

    May 20, 2017 08:00 pm JST
  • Asia-Pacific meeting puts Trump's trade turmoil center stage

    HANOI (Reuters) -- U.S. President Donald Trump's new trade representative held his first face-to-face meetings with some key partners on Saturday as the United States charts an "America First" policy that has upended the old global order and sparked

    May 20, 2017 03:30 pm JST
  • Mattis: North Korea military solution would be 'tragic on an unbelievable scale'

    WASHINGTON (Reuters) -- U.S. Defense Secretary Jim Mattis said on Friday that any military solution to the North Korea crisis would be "tragic on an unbelievable scale" and said Washington was working internationally to find a diplomatic solution."W

    May 20, 2017 04:45 am JST
  • Singapore Airlines is ready to make 'radical' changes to survive

    SINGAPORE -- The storm of structural changes in the airline industry, brought about by the rise of budget airlines and powerful emerging carriers from the Middle East and China, has prompted Singapore Airlines to embark on a comprehensive review of

    May 20, 2017 12:15 am JST
  • ASEAN seeking a role in North Korea diplomacy

    TOKYO -- A former top official from the Association of Southeast Asian Nations said Friday that the 10-member group could play a peace broker role in the ongoing crisis over North Korea's nuclear weapons program."I [would] like to see the appointmen

    May 19, 2017 11:53 pm JST
  • Tata Steel, Tencent lift Nikkei Asia300 Index on week; Trump woes weigh

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan ended higher this week, with Tencent Holdings and Tata Steel leading the advances, even as investors considered the fate of President Donald Trump's economic agenda amid a political turmoil

    May 19, 2017 08:49 pm JST
  • Singapore GLP's Q4 net profit surges on asset values, takeover talks continue

    SINGAPORE (Nikkei Markets) -- Global Logistic Properties, one of the world's largest operators of warehouses and other logistics facilities, Friday reported a 62% increase in fourth-quarter net profit following higher valuations for its assets in Ja

    May 19, 2017 08:12 pm JST