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  • The Future of Asia 2017

    World Bank's Levy calls for new type of globalism

    TOKYO -- Asia should champion a new form of globalism, such as one that facilitates cross-border infrastructure investments, World Bank Managing Director Joaquim Levy said in a speech at the 23rd International Conference on the Future of Asia on Tue

    June 6, 2017 12:21 pm JST
  • Japan reaches out to devout travelers with religious accommodations

    TOKYO -- A prayer room opened in Tokyo Station on Monday, the latest effort by Japan to attract more Muslims, Buddhists and other religiously observant tourists from Asia.The 8-sq.-meter space is located in the station's travel service center. The s

    June 6, 2017 10:47 am JST
  • The Future of Asia 2017

    South China Sea agreement expected in November: official

    TOKYO -- Asian countries will likely agree on a code of conduct for the South China Sea when regional leaders meet for a summit in November, Philippine Foreign Affairs Undersecretary for Policy Enrique Manalo said Monday.Manalo spoke at a panel on t

    June 6, 2017 09:01 am JST
  • Asia hardly immune to terrorism

    LONDON/MANILA -- From London Bridge to a Jakarta bus terminal to the streets of Marawi in the Philippines, recent terrorist attacks have left governments scrambling to get ahead of new outbreaks of extremist violence.Twelve people were arrested in c

    June 6, 2017 06:11 am JST
  • Nikkei Asia300 Index edges up after Wall Street gains

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan edged higher on Monday after Wall Street scaled record highs for a second day on Friday despite a disappointing U.S. employment report. However, risk sentiment was tepid after an attack in

    June 5, 2017 08:12 pm JST
  • Malaysia stocks hit two-year high as banks rally; Singapore shares little changed

    SINGAPORE (Nikkei Markets) -- Malaysia shares climbed to more-than-two-year highs on Monday as bets of a consolidation in the banking sector triggered a rally in lenders. Singapore equities ended little changed.The FTSE Bursa Malaysia KLCI rose 0.6%

    June 5, 2017 07:33 pm JST
  • The Future of Asia 2017

    Threats to free trade 'cannot be taken lightly,' ASEAN chief warns

    TOKYO -- The chief of Southeast Asia's regional bloc on Monday pushed back against the emerging anti-globalization mood, stressing a commitment to continued economic integration and open trade.Le Luong Minh, a veteran Vietnamese diplomat who became

    June 5, 2017 04:22 pm JST
  • The Future of Asia 2017

    Japan should invite China to join TPP, Singapore's Goh says

    TOKYO -- It is up to Japan and China to drive free trade and economic integration in Asia, and they have to do it "in tandem, not as rivals," Goh Chok Tong, Singapore's former prime minister, said on Monday. On the Trans-Pacific Partnership, specifi

    June 5, 2017 02:07 pm JST
  • Singapore PMI falls to 51.4 in May

    TOKYO -- The Nikkei Singapore Purchasing Managers' Index, or PMI, fell to 51.4 in May from 52.6 in April.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. The latest figure shows the country's busin

    June 5, 2017 09:30 am JST
  • Asian flagship carriers sink as Chinese airlines expand

    HANOI -- Major Asian airlines find themselves increasingly squeezed due to the advent of low-cost carriers, rising fuel prices and intense price competition stemming from a sharp expansion of international operations by Chinese air carriers.Chinese

    June 5, 2017 09:00 am JST
  • An animated look at how Asia has changed over 50 years

    Asia has changed considerably since the Association of Southeast Asian Nations came together as a political bloc in August 1967. But how can we get a sense of the pace and direction of that change? Inspiration comes from the Gapminder Foundation,

    June 5, 2017 08:00 am JST
  • Shangri-La Dialogue focuses on terrorism in SE Asia

    SINGAPORE -- In the wake of the Manchester and London attacks, pipe bombs in Bangkok, suicide bombings in Jakarta, and a besieged city in the southern Philippines, Southeast Asian nations harbor few doubts about the likelihood of more terrorism ahea

    June 4, 2017 09:13 pm JST
  • Mattis urges China to act on North Korea threat

    SINGAPORE -- James Mattis, the U.S. defense secretary, urged China to act against North Korea's nuclear program, describing the Kim Jong Un regime as a "clear and present danger" to U.S. national security.Mattis also spoke to the threat of terrorism

    June 4, 2017 12:21 am JST
  • North Korea called an immediate threat to region

    SINGAPORE -- Japan, South Korea and the U.S. on Saturday agreed to step up pressure on North Korea. The agreement came on the sidelines of the annual Shangri-La Dialogue.Tomomi Inada, Japan's defense minister; James Mattis, U.S. secretary of defense

    June 4, 2017 12:13 am JST
  • Way to Southeast Asian shoppers' hearts? Through their feeds

    TOKYO -- Partnering with social media superstars is a new favorite tactic of advertisers in Southeast Asia, lending products the poster's cache and a chance to be seen by their multitude of followers."Look, there's magic all around," wrote Melissa K

    June 3, 2017 05:38 am JST
  • Asia ramps up military spending as old order shakes

    SYDNEY -- Amid a sense that the post-1945 world strategic order is being shaken, governments across the Asia-Pacific region are building up defense forces and industrial back-up for possible future conflict, while struggling to cope with asymmetric

    June 3, 2017 05:23 am JST
  • Mattis says U.S. committed to Asia-Pacific as allies seek clear policy

    SINGAPORE (Reuters) -- U.S. Defense Secretary Jim Mattis said on Friday the United States remains committed to its Asia-Pacific allies, as he arrived in Singapore for the region's premier security forum.Mattis, who is making his second visit to the

    June 3, 2017 05:15 am JST
  • Southeast Asia's new-car sales climb 4% in April

    BANGKOK -- New-car sales in Southeast Asia rose 4% to 256,647 units in April for a sixth consecutive month of year-on-year increases, despite a slower pace of gains than in February and March.Thailand saw the biggest jump, as the region's second-lar

    June 3, 2017 04:56 am JST
  • Nikkei Asia300 Index clinches weekly gain after Wall Street rally

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan capped off a weekly advance after a record run on Wall Street, even as disappointing factory activity data out of China weighed on risk sentiment.The Nikkei Asia300 Index added 0.6%, or sev

    June 2, 2017 08:50 pm JST
  • Singapore, Malaysia stocks post gains for 2nd week amid Asia equity rally

    SINGAPORE (Nikkei Markets) -- Singapore and Malaysia shares posted gains for a second week as Asian equities extended their rally, tracking the positive momentum in Wall Street.All the three major U.S. indices closed at a record high overnight after

    June 2, 2017 07:41 pm JST