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  • Nikkei Asia300 Index slides as Fed rate increase looms

    HONG KONG (NewsRise) -- Asian stocks fell on Thursday, as a better-than-expected U.S. private-sector jobs report strengthened already-high expectations of a Federal Reserve rate increase next week.The Nikkei Asia300 Index slid 0.7% or 8.2 points to

    March 9, 2017 08:27 pm JST
  • Rising U.S. bond yields drag Singapore, Malaysia shares lower

    SINGAPORE (NewsRise) - Shares in Singapore and Malaysia fell, in line with losses across regional markets, as rising U.S. Treasury yields and a plunge in global oil prices sapped risk appetite.Singapore's FTSE Straits Times index slumped 0.8% to 3,1

    March 9, 2017 07:58 pm JST
  • Double Dip Asia300

    Earnings gloom aside, Asia Inc. is positioned for growth

    HONG KONG -- Don't start fretting just yet. Even though Asia's leading companies are set to log their first back-to-back drop in aggregate annual net profit since the Asian financial crisis, there are plenty of reasons to believe corporate Asia is s

    March 9, 2017 05:10 pm JST
  • Double Dip Asia300

    China's chill hits banks' bottom lines

    TOKYO -- Unable to shrug off its disappointing performance of the preceding year, Asia's financial sector registered a second straight year of decline in its bottom line in 2016. Net profit for the sector came in at $173.1 billion, a decline of 8.8%

    March 9, 2017 05:10 pm JST
  • Asian universities move up in world rankings

    JAKARTA -- One of the world's leading university ranking systems has found significant improvement in Asia's tertiary education institutions over the past year, although long-established Western bodies continue to dominate the field in most key acad

    March 9, 2017 04:00 pm JST
  • Double Dip Asia300

    Asia Inc. stumbles through two years of profit shrinkage

    BANGKOK -- In the 20 years since the Asian currency crisis of 1997, the region's companies have generally done well. They recovered from that setback and shrugged off the global financial crisis triggered by the U.S. housing meltdown a decade later,

    March 9, 2017 10:00 am JST
  • Earnings gloom aside, Asia Inc. is positioned for growth

    HONG KONG Don't start fretting just yet. Even though Asia's leading companies are set to log their first back-to-back drop in aggregate annual net profit since the Asian financial crisis, there are plenty of reasons to believe corporate Asia is stil

    March 9, 2017 10:00 am JST
  • China's chill hits banks' bottom lines

    TOKYO Unable to shrug off its disappointing performance of the preceding year, Asia's financial sector registered a second straight year of decline in its bottom line in 2016. Net profit for the sector came in at $173.1 billion, a decline of 8.8% co

    March 9, 2017 10:00 am JST
  • Asian companies try to shake off two years of weaker profits

    BANGKOK In the 20 years since the Asian currency crisis of 1997, the region's companies have generally done well. They recovered from that setback and shrugged off the global financial crisis triggered by the U.S. housing meltdown a decade later, th

    March 9, 2017 10:00 am JST
  • Asian PMI readings paint a mixed picture

    TOKYO Business activity in Southeast Asia picked up overall in February, but manufacturers' outlook for future output was less rosy, the latest Nikkei Purchasing Managers' Index shows.The headline Nikkei ASEAN Manufacturing PMI rose 0.3 point from J

    March 9, 2017 10:00 am JST
  • ADB report poses $26tn question for Asia

    MANILA Back in 2009, the Asian Development Bank estimated the region would need $8 trillion worth of infrastructure investment between 2010 and 2020. Now, for the 15 years from 2016 to 2030, the bank reckons $26 trillion is in order to sustain curre

    March 9, 2017 10:00 am JST
  • Nikkei Asia300 Index rises after China trade data

    HONG KONG (NewsRise) -- Asian stocks rose Wednesday, as robust Chinese trade data rekindled investor confidence in the world's second largest economy, even as caution ahead of a widely-expected U.S. rate increase limited gains.The Nikkei Asia300 Ind

    March 8, 2017 09:17 pm JST
  • Singapore bourse considers allowing greater share price volatility, lunch break

    SINGAPORE (NewsRise) - The Singapore Exchange has proposed changes to the way stocks are traded and introduced new rules as it continues to look for ways to increase trading volumes on the local bourse.SGX's adjustments, outlined in a consultation p

    March 8, 2017 05:54 pm JST
  • Asian PMI readings paint a mixed picture

    TOKYO -- Business activity in Southeast Asia picked up overall in February, but manufacturers' outlook for future output was less rosy, the latest Nikkei Purchasing Managers' Index shows.The headline Nikkei ASEAN Manufacturing PMI rose 0.3 point fro

    March 8, 2017 05:00 pm JST
  • Singapore reinvents itself as regional film hub

    SINGAPORE -- While working most nights in a hotel in the early 1990s to subsidize his acting career, K. Rajagopal found himself mixing with Sri Lankan refugees, people-smugglers and other nocturnal inhabitants of Singapore's Little India district.Th

    March 8, 2017 02:00 pm JST
  • Southeast Asian auto sales off to smooth start in 2017

    JAKARTA -- New-automobile sales climbed 5% on the year to 249,729 vehicles in six key Southeast Asian markets this January, growing in all except Vietnam, industry figures show.Indonesia's tally rose 1% to 86,252, continuing an uptrend that began la

    March 8, 2017 11:00 am JST
  • Singapore's Ascott sells 3 properties to free up growth capital

    SINGAPORE -- Ascott, the world's leading operator of serviced apartments, is to sell three properties in Germany and Singapore to Ascott Residence Trust, its affiliate, for about 478.8 million Singapore dollars ($339.4 million). The sale of the qual

    March 8, 2017 07:16 am JST
  • Nikkei Asia300 Index rises, Fed remains focus

    SINGAPORE (NewsRise) -- Asian stocks rose Tuesday, even as investors prepared for a near-certain rate increase by the Federal Reserve later this month.The Nikkei Asia300 Index rose 0.3% or 3.9 points to 1,127.41. Technology heavyweights Samsung Elec

    March 7, 2017 08:23 pm JST
  • Singapore, Malaysia edge higher ahead of Fed

    SINGAPORE (NewsRise) - Shares in Singapore and Malaysia eked out small gains Tuesday, even as investors remained focused on a likely rate increase by the U.S. central bank next week.The FTSE Bursa Malaysia KLCI rose 0.1% to 1,728.66 and Singapore's

    March 7, 2017 07:32 pm JST
  • Interview

    The 'Asian Netflix' takes on the pirates

    SINGAPORE -- Patrick Grove, chairman and co-founder of Sngapore-based internet-TV startup iflix, has developed a straightforward way to see what Asian consumers want to watch, but are not able to: Just look at what they are stealing."[Piracy happens

    March 7, 2017 02:45 pm JST