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  • Wall Street slides takes toll on Nikkei Asia300 Index

    HONG KONG (NewsRise) -- Asian stocks slumped Wednesday as doubts about U.S. President Donald Trump's ability to push economic reforms sparked steep losses on Wall Street.The Nikkei Asia300 Index fell 0.8% or 9.6 points to 1,171.50, marking the index

    March 22, 2017 09:13 pm JST
  • Singapore, Malaysia shares tumble after Wall Street skids

    SINGAPORE (NewsRise) -- Shares in Singapore and Malaysia fell with the rest of Asia Wednesday, as a slump on Wall Street amid renewed doubts about U.S. President Donald Trump's ability to pass big reforms rattled nerves.Singapore's Straits Times Ind

    March 22, 2017 08:49 pm JST
  • Sreeram Chaulia

    How Asia can reckon with Trump's assault on trade

    In a rare moment since its anointment in 2008 as the steering body for global economic governance, the Group of 20 nations has lost clarity of vision. It is staring at a confused horizon, muddled by the disruptive economic nationalism of U.S. Presid

    March 22, 2017 02:05 pm JST
  • Southeast Asia's gaming startups win by branching out

    TOKYO -- Gaming startups that take their cues from Chinese tech giant Tencent Holdings are on the rise in Southeast Asia, stoking investor interest in the potential for the same diversified approach to succeed in the region.The Garena exampleAt a ga

    March 22, 2017 12:00 pm JST
  • North Korean businesses abroad struggle amid backlash

    JAKARTA -- North Korean businesses in Southeast Asia are suffering as people and governments sour on the country, with eateries closing and laborers facing deportation amid acrimony stemming from the killing of leader Kim Jong Un's half brother.Unit

    March 22, 2017 03:30 am JST
  • Egypt eyes Asian investment for new Suez cargo terminal

    SUEZ, Egypt/SINGAPORE -- Egyptian authorities are seeking Asian investment for a new cargo terminal at Port Said at the Mediterranean end of the Suez Canal. They have been in talks with Singapore's PSA, but are considering possible offers from COSCO

    March 22, 2017 12:42 am JST
  • Foreign buying propels Malaysian shares to new 22-month highs, Singapore slips

    SINGAPORE (NewsRise) - Malaysian shares advanced for a fourth session Tuesday, as foreign investors continued to pump in funds amid growing confidence the Federal Reserve will only raise interest rates gradually.Singapore stocks edged lower as inves

    March 21, 2017 07:29 pm JST
  • Asia dominates rankings of most expensive cities

    TOKYO -- Asian cities such as Singapore and Tokyo were the most expensive worldwide for residents in 2016, as currency appreciation drove an increase in the general cost of living.The Worldwide Cost of Living research, conducted semiannually by The

    March 21, 2017 11:00 am JST
  • Nikkei Asia300 Index builds on Fed gains, China Mobile leads

    HONG KONG (NewsRise) -- Asian stocks rose Monday as sentiment remained buoyant after the U.S. Federal Reserve's decision not to alter the number of rate increases it plans to deliver this year.The Nikkei Asia300 Index advanced 0.3% or 3.8 points to

    March 20, 2017 08:43 pm JST
  • Malaysia extends gains to 22-month high after Fed, Singapore slips

    SINGAPORE (NewsRise) -- Malaysian shares rose for a third day straight Monday as the U.S. Federal Reserve's dovish stance continued to support regional sentiment. Shares in Singapore edged lower, weighed down by weakness in heavyweight financial sto

    March 20, 2017 07:15 pm JST
  • Ezra succumbs to oil woes, files for US bankruptcy protection

    SINGAPORE (NewsRise) -- Offshore oilfield services group Ezra Holdings said it has filed for bankruptcy protection in the U.S., highlighting the continued stress on Singapore's large oil and gas services industry from depressed crude prices.Ezra is

    March 20, 2017 12:41 pm JST
  • Adam Reynolds

    Asia's 'open banking' opportunity

    With few aspects of the financial industry seemingly immune to the potential impacts of technological innovation, incumbent financial service providers in Asia face a fundamental choice.On the one hand, they can maintain their current full-service b

    March 20, 2017 07:00 am JST
  • Company in focus

    Malaysia's Sime Darby splits up palm oil kingdom to raise equity value

    KUALA LUMPUR -- Sime Darby, the world's largest plantation and palm oil producer, plans to split into three separate listed entities to promote future growth. The listing of plantation division, the core business of the Malaysian state-owned conglom

    March 18, 2017 03:00 pm JST
  • StarHub launches innovation, network monitoring center in Singapore

    SINGAPORE -- StarHub, Singapore's No. 2 telecommunications company, has opened a new network monitoring and innovation center as it seeks to strengthen its technological capabilities to compete in an increasingly competitive telecommunications marke

    March 17, 2017 09:09 pm JST
  • Nikkei Asia300 posts solid weekly gain, paced by Samsung, ZTE

    HONG KONG (NewsRise) -- Asian stocks outside Japan posted a solid weekly advance after the Federal Reserve reaffirmed its commitment to a gradual increase in interest rates, spurring investor risk appetite.The Nikkei Asia300 Index of some of the reg

    March 17, 2017 08:49 pm JST
  • Singapore, Malaysia end week at multi-month highs after Fed

    SINGAPORE (NewsRise) -- Shares in Singapore and Malaysia ended the week at multi-month highs as regional sentiment improved after the U.S. Federal Reserve maintained its outlook for two more rate increases this year.Asian markets received a shot in

    March 17, 2017 07:44 pm JST
  • Singapore February core exports rise for fourth straight month

    SINGAPORE (NewsRise) - Singapore's non-oil domestic exports (NODX) rose for the fourth straight month in February, boosted by the timing of the Lunar New Year holidays and stronger shipments to China as a recovery in global trade gained momentum.Feb

    March 17, 2017 05:27 pm JST
  • Australia's Bishop gives sermon to ASEAN on diplomacy

    MANILA -- Julie Bishop, the Australian foreign minister, called on the Association of Southeast Asian Nations on Thursday to heed a landmark arbitration court decision last year when a fresh code of conduct to handle territorial disputes in the Sout

    March 16, 2017 11:22 pm JST
  • Nikkei Asia300 Index advances on Fed rate outlook

    HONG KONG (NewsRise) -- Asian stocks outside of Japan posted their steepest gains since July after the U.S. Federal Reserve left unchanged its outlook for interest rate increases this year.The Nikkei Asia300 Index of some of the region's most influe

    March 16, 2017 08:54 pm JST
  • Singapore, Malaysia shares rise to 19-month highs as Fed retains outlook

    SINGAPORE (NewsRise) - Shares in Singapore and Malaysia jumped to over 19-month highs after the Federal Reserve maintained its outlook on monetary policy tightening through 2018, even as it raised the interest rate as widely-expected.Singapore's FTS

    March 16, 2017 08:28 pm JST