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  • Astroscale preps space debris sweeper for 2019 test

    TOKYO -- Astroscale, a Singapore-based startup founded by a Japanese entrepreneur, will test its first satellite for collecting space debris as early as the first half of 2019, with the aim of starting a cleanup service the following year.Space debr

    April 20, 2017 06:55 am JST
  • Nikkei Asia300 Index falls as oil, China regulatory woes weigh

    SINGAPORE (Nikkei Markets) -- Asian stocks fell for a third straight day on Wednesday, as a downturn in crude oil prices undercut energy producers, and concerns about tighter regulations remained a drag on Chinese shares.Lingering geopolitical worri

    April 19, 2017 08:20 pm JST
  • Singapore, Malaysia stocks fall on lower U.S. bond yields, crude oil prices

    SINGAPORE (Nikkei Markets) -- Singapore shares fell to a near one-month low on Wednesday, as a decline in U.S. bond yields weighed on banking stocks and a fall in crude oil prices hurt rig builders. Malaysia shares, tracking weak regional cues, edge

    April 19, 2017 07:44 pm JST
  • Swiss Re opening Asia headquarters in Singapore

    SINGAPORE -- Swiss Re, the Zurich-based reinsurance powerhouse, is opening an Asian regional headquarters in Singapore next year, the company said in a press release Tuesday. The region's growing wealth is creating a larger insurance market, increas

    April 18, 2017 11:51 pm JST
  • Lotte to list Malaysian unit for expansion drive

    SINGAPORE -- Lotte Chemical, a unit of South Korea's family-owned conglomerate Lotte, is expanding its footprint in Southeast Asia by floating its Malaysian subsidiary in an effort to raise over $1 billion.In a draft prospectus to Securities Commiss

    April 18, 2017 11:46 pm JST
  • Singapore grabs No. 2 spot in global business talent ranking

    SINGAPORE -- When it comes to attracting and keeping the world's best business talent, Singapore is second only to Switzerland, according to the Global Talent Competitiveness Index 2017 report released by the French business school INSEAD.For the an

    April 18, 2017 11:18 pm JST
  • North Korea risks drag Nikkei Asia300 down for second day

    SINGAPORE (Nikkei Markets) -- Asian stocks outside of Japan fell for a second session on Tuesday, as jitters about North Korea remained a drag on investor sentiment.The Nikkei Asia300 Index fell 0.5% or 6.4 points to 1,159.58. Hong Kong-listed Chine

    April 18, 2017 08:35 pm JST
  • Singapore shares little changed on Korean tensions; Malaysia stocks gain

    SINGAPORE (Nikkei Markets) -- Singapore stocks ended little changed on Tuesday as lingering geopolitical tensions in the Korean peninsula continued to affect investor sentiment. Malaysian stocks rose, buoyed by foreign fund purchases.U.S. stocks, op

    April 18, 2017 08:06 pm JST
  • Nikkei Asia300 slips as North Korea risks, US data weigh

    SINGAPORE (Nikkei Markets) -- Asian stocks edged lower Monday, as rising tensions over North Korea continued to dominate investor sentiment, while softer-than-expected U.S. economic data raised concerns about the health of the world's largest econom

    April 17, 2017 07:49 pm JST
  • Singapore stocks fall on weak U.S. data, geopolitical worries,Malaysia shares gain

    SINGAPORE (Nikkei Markets) -- Singapore shares fell to a three-week low as weaker-than-expected U.S. economic data and rising geopolitical tensions weighed on investors' appetite. Malaysia shares edged higher amid a rebound in banking stocks.Most As

    April 17, 2017 07:14 pm JST
  • Singapore non-oil exports surge 16.5% in March, underline recovery

    SINGAPORE (Nikkei Markets) -- Singapore's core exports rose for a fifth straight month in March although there was a loss of momentum in the shipment of semiconductors that propelled growth in previous months.Still, the better-than-expected data bol

    April 17, 2017 04:44 pm JST
  • Company in focus

    AIA's new chief has big challenges -- and big shoes to fill

    HONG KONG -- Mark Tucker, the respected chief executive of AIA Group, surprised financial markets on March 13 when he announced that he was leaving one of the world's largest life insurers by market value for HSBC, the struggling international bank.

    April 16, 2017 11:00 am JST
  • Japanese rice balls take on new flavors in Southeast Asia

    SINGAPORE -- Japan's onigiri rice balls are making inroads in Singapore and Malaysia as the quick-bite staple snack is gradually being accepted as a casual alternative to the traditional Japanese dishes that people experienced at only restaurants un

    April 15, 2017 07:00 pm JST
  • China to keep top place in Asia's real estate investment market, says RCA

    SINGAPORE -- China became Asia Pacific's largest real estate investment market in 2016 according to Real Capital Analytics, the property market intelligence company. Despite Beijing's capital control policy, RCA expects China to continue to stay at

    April 14, 2017 09:30 pm JST
  • Geopolitical risks drag Nikkei Asia300 Index lower on week

    KUALA LUMPUR (Nikkei Markets) -- Asian stocks edged lower for the week as investors remained on edge amid ongoing geopolitical concerns over North Korea and Syria.The Nikkei Asia300 Index rose 0.1% to 1,168.03 points, even as several markets in the

    April 14, 2017 08:25 pm JST
  • Race for primacy in self-driving cars heats up in Asia

    TOKYO -- Japan's push to become Asia's leader in self-driving cars got a boost Thursday, when the authorities unofficially approved the testing of driverless cars on public roads.The rules, released the same day by the National Police Agency, will o

    April 13, 2017 09:40 pm JST
  • Nikkei Asia300 Index edges higher after Trump comments

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose Thursday as U.S. President Donald Trump's comments favoring lower interest rates improved regional sentiment ahead of a long weekend.The Nikkei Asia300 Index ended 0.1% or 1.3 points h

    April 13, 2017 09:04 pm JST
  • Singapore central bank keeps policy neutral as 1Q GDP shrinks 1.9% on quarter

    SINGAPORE (Nikkei Markets) -- Singapore's economy lost momentum in the first quarter and the central bank said growth for the full year would be similar to last year's, confounding economists whose estimates were more bullish.The Ministry of Trade a

    April 13, 2017 05:46 pm JST
  • World Bank boosts 2018 growth outlook for emerging East Asia

    SINGAPORE -- The World Bank on Thursday upgraded its economic growth forecast for 2018 for emerging countries in East Asia to 6.1%, up from the 6.0% it projected six months earlier.The bank said expanding infrastructure investment, rebounding demand

    April 13, 2017 11:44 am JST
  • Harsh rules running ride apps off the road in Southeast Asia

    JAKARTA -- New government regulations and outright crackdowns on drivers are threatening to choke the growth of ride-hailing apps in Southeast Asia.Going viralThe apps, a prime example of the sharing economy, were expanding rapidly in the region up

    April 13, 2017 11:34 am JST