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  • Singapore central bank stands pat, warns of risks to global economic outlook

    SINGAPORE (Reuters) -- Singapore's central bank held policy steady as expected on Thursday, saying a "neutral" stance will be needed for an extended period as data showed the city state's economy contracted in the first quarter.Analysts said the Mon

    April 13, 2017 10:25 am JST
  • ASEAN and Japan aim to foster startups in Southeast Asia

    TOKYO Venture capital investment is booming in Southeast Asia, boding well for the region's startups. And there is greater scope for collaboration between businesses in the region and in Japan to make innovation happen.That was the message at the AS

    April 13, 2017 10:00 am JST
  • Price spikes feared as Asia's aging oil fields dry up

    SINGAPORE A global focus on rising oil output in the U.S. has overshadowed an important trend elsewhere in the market. Falling oil production in Asia is forecast to accelerate as major fields dry up, which will stiffen demand for foreign barrels and

    April 13, 2017 10:00 am JST
  • North Korea-US saber rattling ramps up tension in Asia

    TOKYO North Korean leader Kim Jong Un walked slowly onto the center of the stage on April 11, as North Korea's parliament, the Supreme People's Assembly, the highest organ of government, opened in Pyongyang.Clad in a Mao suit, his hair cut short, Ki

    April 13, 2017 10:00 am JST
  • South Korea's export recovery is on thin ice

    HONG KONG Despite a sustained rebound in exports since November, South Korea's manufacturing ended the first quarter with even more contraction, thanks to a souring relationship with its biggest trading partner China and political uncertainty at hom

    April 13, 2017 10:00 am JST
  • The ADB forecasts the slowest Asian growth since 2001

    MANILA Asia's growth will fall to its slowest pace since 2001 this year amid policy uncertainty in advanced economies and an outflow of capital, according to the Asian Development Bank.In its 2017 Asian Development Outlook, released on April 6, the

    April 13, 2017 10:00 am JST
  • Singapore Press Holdings' Q2 profit down 1.2%

    SINGAPORE -- State-backed Singapore Press Holdings on Wednesday posted a fall in net profit for the second quarter as its media businesses continue to decline.The company that owns all the city's main newspapers and media outlets reported a net prof

    April 12, 2017 11:53 pm JST
  • Singapore, Malaysia stocks rise tracking gains in European equities as geopolitical fears ebb

    SINGAPORE (Nikkei Markets) -- Singapore shares rose on Wednesday as gains in European stocks boosted investors' risk appetite, erasing earlier losses caused by concerns over geopolitical tensions. Malaysian stocks recovered from one-month lows, help

    April 12, 2017 08:13 pm JST
  • South Korea's export recovery is on thin ice

    HONG KONG -- Despite a sustained rebound in exports since November, South Korea's manufacturing ended the first quarter with even more contraction, thanks to a souring relationship with its biggest trading partner China and political uncertainty at

    April 12, 2017 06:30 pm JST
  • Interview

    DBS sees biggest threat from internet players like Alibaba, Tencent

    SINGAPORE (Nikkei Markets) -- When it comes to digital services, Singapore's largest lender is more concerned about recent entrants such as Alibaba Group Holding's Ant Financial Services than about advances at traditional banks.The need to fend off

    April 12, 2017 05:20 pm JST
  • ST Engineering to develop self-driving buses

    SINGAPORE -- Defense company Singapore Technologies Engineering announced on Monday plans to develop 40-seat, self-driving buses for inclusion in the national public transport system by late 2020.Subsidiary ST Kinetics will lead the project, incorpo

    April 11, 2017 10:14 pm JST
  • Nicholas Spiro

    Asian corporate bond rally has gone too far

    For an indication of just how resilient emerging market assets have been since the upset victory of Donald Trump in the U.S. presidential election, look no further than Asian corporate bonds.Asia's emerging markets, which account for 45% of the main

    April 11, 2017 10:00 pm JST
  • Singapore stocks fall on Korean peninsula tension, Malaysia shares at 3-week low

    SINGAPORE (Nikkei Markets) -- Singapore stocks fell Tuesday as rising geopolitical risks in the Korean peninsula hurt demand for regional equities. Shares in Malaysia dropped to a more-than- three-week low after the nation's industrial output missed

    April 11, 2017 07:39 pm JST
  • Keppel to sell Rotterdam shipyard to Danish company

    SINGAPORE -- Singaporean conglomerate Keppel Corp. announced on Monday that its rig-building subsidiary, Keppel Offshore & Marine (O&M), will sell its Rotterdam shipyard to Danish company Damen Shipyards Group.The rig builder explained that the sale

    April 11, 2017 06:00 pm JST
  • China Mobile leads Asian telecoms

    TOKYO/BEIJING -- Among Asian telecom companies, China Mobile has the biggest market cap by far, a feat it accomplished by beating out mainland rivals in the race to provide high-speed 4G service. China Mobile's market cap stood at $225.3 billion on

    April 11, 2017 11:30 am JST
  • Analysts guardedly optimistic about 2017 Asian growth

    Economists of major Southeast Asian countries revised up their growth forecasts for 2017 from three month ago due to brighter prospects for exports and in anticipation of U.S. President Donald Trump's pro-growth policies in the short term. Currently

    April 11, 2017 07:00 am JST
  • 20 years after crisis, economists see a hardier Southeast Asia

    TOKYO -- Southeast Asian countries deserve high marks for their development since the Asian financial crisis of 1997, according to a new survey of prominent local economists.Ongoing reforms have helped the economies achieve strong growth rates, whil

    April 11, 2017 07:00 am JST
  • Singapore's CWT surges on HNA takeover bid

    SINGAPORE -- Shares in Singapore logistics company CWT soared more than 9% Monday in response to a takeover offer from Chinese conglomerate HNA Group.HNA Holding Group, a Hong Kong-listed unit of the Hainan Island-based group, announced on Sunday a

    April 11, 2017 01:30 am JST
  • Nikkei Asia300 Index loses as US rate caution, geopolitical risks weigh

    HONG KONG (Nikkei Markets) -- Asian stocks edged lower as the threat of rising U.S. interest rates and caution amid growing geopolitical tensions kept investors on the sidelines.The Nikkei Asia300 Index lost 0.1% or 1.5 points to 1,168.78. China Pet

    April 10, 2017 09:08 pm JST
  • Sembcorp wins bid for new India wind power project

    SINGAPORE -- Singapore's Sembcorp Industries announced on Monday that it had won a bid for a new wind power project in India, as it seeks to strengthen its market share in the country's power market.Sembcorp will own and develop the new Indian wind

    April 10, 2017 08:22 pm JST