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  • Singaporean unicorn Garena bags $550m in funding, rebrands as Sea

    SINGAPORE -- Online gaming and e-commerce venture Garena on Monday said it raised $550 million in a round of fundraising that involved Cathay Financial Holding, one of Taiwan's largest financial services providers by assets.The Singaporean startup a

    May 8, 2017 10:20 pm JST
  • French election, oil rebound boost Nikkei Asia300 Index

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose Monday, led by gains in energy producers following a rebound in global oil prices and as risk sentiment improved after centrist Emmanuel Macron won French presidential elections.The Ni

    May 8, 2017 08:41 pm JST
  • Malaysia stocks rise on Macron's French election win, Singapore shares little changed

    SINGAPORE (Nikkei Markets) -- Malaysia shares rose Monday as a victory by pro-European Union candidate Emmanuel Macron at the French presidential election allayed concerns about France's future with the bloc, boosting investors' risk appetite.Singap

    May 8, 2017 07:45 pm JST
  • Southeast Asian economic growth regaining speed

    SINGAPORE -- Southeast Asian economies should collectively grow by around 5% this year and next, propelled by such fast-growing contributors as the Philippines and Vietnam, a regional observer group says in a report released Thursday.Real gross dome

    May 8, 2017 02:42 pm JST
  • Asian stocks rise after Macron wins French elections, China lags

    HONG KONG (Nikkei Markets) -- Asian markets edged higher on Monday as risk appetite firmed after pro-European Union candidate Emmanuel Macron comfortably won French presidential elections and energy prices rebounded.The Nikkei Asia300 index rose 0.3

    May 8, 2017 02:15 pm JST
  • FT Confidential Research

    Job insecurity rises in ASEAN despite economic recovery

    We found 22.8 per cent of Asean respondents feared losing their jobs in the next six months, a 2.3 point increase since our last survey of employment sentiment in 2015.Asean jobseekers also said it was harder to find a job this year than in 2015.Mal

    May 8, 2017 12:00 pm JST
  • Southeast Asia a smoker's paradise no more

    SINGAPORE -- Southeast Asia nations are starting to tighten regulations on tobacco use amid rising concerns over soaring medical costs and the harmful effects of passive smoking.The region has historically been rather lax on the issue of smoking. Ev

    May 8, 2017 09:00 am JST
  • ADB meeting finds the 'Asian century' so close, yet so far

    YOKOHAMA -- Asia has changed beyond recognition. The Asian Development Bank proclaimed confidently in a promotion video that was played repeatedly at its 50th annual meeting held in Yokohama from Thursday to Sunday.The statistics bear out this claim

    May 8, 2017 08:00 am JST
  • AI gives medical research a shot in the arm

    TOKYO "Beyond the pill" is becoming a popular catch phrase among executives at major U.S. and European drug makers, and for good reason.Having developed drugs for lifestyle-related diseases like diabetes and high blood pressure, as well as antibioti

    May 7, 2017 07:00 pm JST
  • Japanese space startups look for growth in Southeast Asia

    TOKYO -- Japanese startups in the space business are rapidly expanding their operations into Southeast Asia, attracted by the wealth of opportunities in the region.The Southeast Asian market for space services offers more diverse business opportunit

    May 6, 2017 02:00 pm JST
  • ASEAN summit underscores dearth of leadership

    MANILA -- The Association of Southeast Asian Nations observed its 50th anniversary with a summit that failed to yield a united front against Beijing on the South China Sea territorial disputes, a comedown for an organization once steered by strong f

    May 6, 2017 04:10 am JST
  • Hyflux profitability sunk by weak power prices

    SINGAPORE -- First quarter net profits for Hyflux, a water treatment and power company, fell 89% year on year to 0.82 million Singapore dollars ($0.58 million), dragged down by losses at its integrated desalination and power plant in Singapore.The T

    May 5, 2017 08:58 pm JST
  • Nikkei Asia300 Index posts weekly gains on Singapore banks' strong earnings

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan ended the week higher, helped by robust earnings-driven gains in Singapore's heavyweight lenders and easing risk aversion, even as a decline in crude oil prices hit energy producers in Frid

    May 5, 2017 08:23 pm JST
  • Sime Darby ropes in 2 partners for $67 billion Malaysia Vision Valley project

    KUALA LUMPUR (Nikkei Markets) -- Sime Darby, the world's largest palm oil producer by acreage, has teamed up with two partners to develop the mammoth Malaysia Vision Valley project, marking another step toward the development of the government-backe

    May 5, 2017 08:03 pm JST
  • Singapore shares post best weekly gain in 3 months as banks rally, Malaysian stocks fall

    SINGAPORE (Nikkei Markets) -- Singapore shares posted their best weekly advance in almost three months as banks rallied after better-than-expected earnings.Malaysia shares fell this week as a government move to terminate a major infrastructure deal

    May 5, 2017 07:43 pm JST
  • The case for a truly international Asian infrastructure summit

    TOKYO -- The Asian Infrastructure Investment Bank and the Asian Development Bank are widely seen as competitors in shaping a new world order. The former, sponsored by China, has already outstripped the membership of the latter, backed by Japan and t

    May 5, 2017 05:00 pm JST
  • Southeast Asia plays catch-up in dealing with graying populations

    KUALA LUMPUR Southeast Asia wants to defy Father Time. As its populations age and workforces start their inevitable decline, the region is counting on high-tech remedies to try and turn back the clock, or at least slow it down.According to a recent

    May 5, 2017 03:00 pm JST
  • ASEAN PMI rises to 51.1 in April

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, rose to 51.1 in April from 50.9 in March. The rate of improvement was the quickest recorded in 33 months.A reading above 50 indicates economic expansion, while a reading bel

    May 5, 2017 09:30 am JST
  • TPP members agree to go on minus US, but differ on terms

    TORONTO -- The 11 remaining Trans-Pacific Partnership members agreed over two-day talks here to resuscitate the trade pact without the U.S., but differences remained over the shape the new deal would take.The gathered representatives agreed to "keep

    May 5, 2017 02:20 am JST
  • Nikkei Asia300 Index edges higher amid Fed rate hike expectations

    HONG KONG (Nikkei Markets) -- Asian stocks ended slightly higher on Thursday after the U.S. Federal Reserve stood pat on interest rates, but downplayed a slowdown in first-quarter economic growth in an indication it may tighten policy next month.The

    May 4, 2017 08:28 pm JST