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  • Singapore, Malaysia stocks gain as investors unfazed by UK election verdict

    SINGAPORE (Nikkei Markets) - Stocks in Singapore and Malaysia rose Friday as investors were unfazed by a hung parliament in U.K. that could impact that country's negotiations to break away from the European Union.The U.K. election ended in a hung pa

    June 9, 2017 07:53 pm JST
  • London's stumbles spur Tokyo's financial hub vision

    TOKYO -- Now that London's status as a global financial center is becoming uncertain, Tokyo sees an opportunity and is looking to seize the day. "Speed is the key in the world of finance," Tokyo Gov. Yuriko Koike said in a news conference announcing

    June 9, 2017 06:25 pm JST
  • Asian stocks mostly unscathed after UK election surprise as techs advance

    HONG KONG (Nikkei Markets) -- Asian stocks rose Friday, shrugging off incoming results of U.K. general elections that showed a hung parliament and uncertainty over the nation's Brexit negotiations with the European Union as a distinct possibility.Th

    June 9, 2017 02:41 pm JST
  • Singapore eyes regulatory changes to help growth of robo-advisors for investors

    SINGAPORE (Nikkei Markets) -- Singapore may make it easier for digital, or "robo-advisory" firms to manage funds on behalf of retail investors by waiving some minimum requirements, as the city-state steps up efforts to woo financial technology firms

    June 9, 2017 02:40 pm JST
  • Abu Dhabi builds a 'fintech bridge' to Asia

    TOKYO -- The oil-reliant Persian Gulf emirate of Abu Dhabi is taking ambitious steps to tap a different sort of resource: financial technology. The drive stems from a long-held desire to diversify its economy, and connections with Asia could help to

    June 9, 2017 09:58 am JST
  • China data helps Nikkei Asia300 Index higher as caution reigns

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan edged higher, led by gains in Chinese stocks after better-than-expected trade data, even as investors braced for a slew of risk events in Europe and the U.S.The Nikkei Asia300 Index added 0

    June 8, 2017 08:19 pm JST
  • Singapore Airlines CEO comments fuel talk of payroll cuts

    SINGAPORE -- Speculation is growing that Singapore Airlines is preparing to slash jobs. The rumor of payroll cuts come at a time when intense competition from budget carriers and new rivals are battering the flagship airline's bottom line.The rumor

    June 8, 2017 04:56 pm JST
  • Philippines, Indonesia, Malaysia team up in terror fight

    MANILA -- The Philippines, Indonesia and Malaysia will collaborate on air and marine defense in the wake of frequent terrorist attacks by extremists linked to the Islamic State group.Malaysian Defense Minister Hishammuddin Tun Hussein has said the t

    June 8, 2017 03:10 pm JST
  • US defense chief tells China to get tough on Pyongyang

    SINGAPORE U.S. Defense Secretary James Mattis called on China to help stymie North Korea's nuclear ambitions, describing the Kim Jong Un regime as a "clear and present danger" to U.S. national security.Speaking on June 3 at the 16th Asia Security Su

    June 8, 2017 10:00 am JST
  • Asia manufacturing turns soft as China's construction loses steam

    HONG KONG The recovery of Asian manufacturing proved to be short-lived. Of the 12 economies tracked by The Nikkei across the region, seven registered slower growth and three saw contractions in May. Analysts noted that the downturn has much to do wi

    June 8, 2017 10:00 am JST
  • China surges to world's No. 2 overseas investor

    TOKYO -- An overseas acquisition binge propelled China to the No. 2 spot in outbound investment in 2016, according to a United Nations report published Thursday.The country's foreign direct investment soared 44% last year to a record $183 billion, s

    June 8, 2017 02:00 am JST
  • Qatar crisis ripples through Southeast Asia

    KUALA LUMPUR -- Southeast Asian countries have taken precautionary steps after Gulf countries severed diplomatic and commercial relations with Qatar.The Philippines, which has over 140,000 workers in the gas-rich kingdom partially suspended the depl

    June 7, 2017 11:08 pm JST
  • Nikkei Asia300 Index falls as caution reigns ahead of key global events

    HONG KONG (Nikkei Markets) -- Asian stocks snapped a four-day winning streak as caution prevailed ahead of a slew of key political and economic events in Europe and the U.S.The Nikkei Asia300 Index slipped 0.1%, or 1.5 points, to 1,246.63. Heavyweig

    June 7, 2017 08:03 pm JST
  • Singapore, Malaysia stocks fall ahead of Comey testimony, ECB rate decision

    SINGAPORE (Nikkei Markets) - Stocks in Singapore and Malaysia fell Wednesday as investors deferred purchases, awaiting a slew of economic and political events in the U.S. and Europe.U.S. stocks fell overnight and the dollar weakened ahead of Thursda

    June 7, 2017 07:52 pm JST
  • 'Donki' to bring ceiling to floor mega discounts to Asia

    TOKYO -- Don Quijote, a chain of neon-lit emporiums filled ceiling to floor with discounted goods, is opening its first store in Southeast Asia, where it expects to further expand.The chain -- now with over 300 stores across Japan -- is a must-visit

    June 7, 2017 03:00 pm JST
  • Insurance grows fastest in May's Asia sector PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for May showed output growth in 15 of the 19 sectors monitored.Insurance (54.5) marked the sharpest growth, followed by machinery and equipment (54.1), commercial and professional s

    June 7, 2017 09:30 am JST
  • Asia-Pacific upgrading internet connectivity

    SINGAPORE -- Asia-Pacific already boasts some of the fastest internet connectivity in the world and continues to improve as its economies digitize, according to a report by Akamai, a U.S.-based content delivery network and cloud provider.Akamai's qu

    June 6, 2017 11:03 pm JST
  • Nikkei Asia300 Index edges higher for fourth day as Fed seen hiking rates slowly

    HONG KONG (Nikkei Markets) -- Asian stocks rose for a fourth straight session on Tuesday, shrugging off overnight weakness on Wall Street, as expectations of a moderate pace of rate increases in the U.S. beyond June soothed investor sentiment.The Ni

    June 6, 2017 08:27 pm JST
  • Malaysia stocks hit two-year high as Tenaga rallies, Singapore shares fall

    SINGAPORE (Nikkei Markets) -- Stocks in Malaysia climbed to new two-year highs, helped by a rally in heavyweight Tenaga Nasional. Singapore shares edged lower in the wake of weak cues from Wall Street.U.S. stocks dipped marginally on Monday, retreat

    June 6, 2017 08:15 pm JST
  • Asia manufacturing turns soft as China's construction loses steam

    HONG KONG -- The recovery of Asian manufacturing proved to be short-lived. Of the 12 economies tracked by The Nikkei across the region, seven registered slower growth and three saw contractions in May. Analysts noted that the downturn has much to do

    June 6, 2017 12:35 pm JST