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  • Nikkei Asia300 Index ends almost flat as Fed hike looms

    SINGAPORE (NewsRise) -- Asian stocks were little changed Monday as mounting expectations of a Federal Reserve rate increase next week and rising geopolitical tensions in the region subdued risk sentiment.The Nikkei Asia300 Index ended 0.01% lower at

    March 6, 2017 09:23 pm JST
  • Lenders lead Malaysian shares higher, Singapore near flat

    SINGAPORE (NewsRise) -- Malaysian shares rose to over 10-month highs Monday, helped by buying in financial stocks, even as mounting expectations of an imminent Federal Reserve rate increase muted regional sentiment. Singapore stocks ended little cha

    March 6, 2017 08:52 pm JST
  • Headwinds grow for Singapore's economy as manufacturing orders slow

    SINGAPORE (NewsRise) -- Singapore's economy appears to be losing momentum after a recent surge, with the latest purchasing managers' indexes showing a softening in sentiment and business activity.The pace could weaken further in coming months due to

    March 6, 2017 08:45 pm JST
  • Place your bets

    New frontiers for a new breed of casino operator

    HONG KONG Casino gambling has always been a cross-border business in Asia.The many gaming parlors of Macau, the region's oldest casino hub, could hardly have survived for so many decades just serving the small territory's population, today barely a

    March 6, 2017 10:00 am JST
  • Singapore working to boost its 'unmanned' sector

    SINGAPORE -- Singapore is a land of skyscrapers. High-rise public apartments across the city-state accommodate 80% of its people. Between the buildings, residents still have oases, often on street corners -- such as a marketplace with a grocery and

    March 6, 2017 07:00 am JST
  • Paul Donovan

    Gold is a poor inflation hedge

    Across the world, investors are slowly coming to terms with the return of inflation. U.S. consumer price inflation was negative at the start of 2015. U.S. consumer prices are now rising 2.5% compared to a year earlier, and the rate of inflation is h

    March 5, 2017 01:00 pm JST
  • Asian shares fall on bets Fed may raise rates this month

    HONG KONG (NewsRise) - Asian stocks fell Friday, as rising probability of a rate increase by the U.S. Federal Reserve at its March meeting hurt investors' risk appetite.The Nikkei Asia300 Index fell 0.7% to 1,123.77. U.S. stocks had declined overnig

    March 3, 2017 08:57 pm JST
  • Shiseido's globalization at crucial point

    TOKYO -- Shiseido is at a crucial stage as it strives to be more global. Though the Japanese beauty brand already makes more than half its sales outside its home country, it is struggling to change its distribution model as online shopping takes off

    March 3, 2017 08:30 pm JST
  • Singapore, Malaysia shares fall on Fed rate hike concerns

    SINGAPORE (NewsRise) -- Singapore shares slipped and Malaysia shares suffered its worst fall in over a month, as rising odds of a rate hike by the U.S. Federal Reserve in March hurt global risk appetite.Losses in Asian markets on Friday came after a

    March 3, 2017 07:45 pm JST
  • Macau's regional challengers up their casino game

    MANILA Clad in a coat, tie and muddied loafers, Kazuo Okada paused briefly one recent afternoon during his daily rounds through his partially opened $2.4 billion casino being built in Manila."I check the inflow of customers from early evening and

    March 3, 2017 11:00 am JST
  • Singapore PMI slows to 51.4 in February

    TOKYO -- The Nikkei Singapore Purchasing Managers' Index, or PMI, fell to 51.4 in February from 51.6 in January.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. Bernard Aw, an economist at IHS Mark

    March 3, 2017 09:30 am JST
  • Kasikornbank offering local settlement for ASEAN currencies

    BANGKOK -- On the back of growing regional trade, Kasikornbank, Thailand's fourth-largest lender by assets, has expanded its local currency settlement services to cover all currencies of members of the Association of Southeast Asia Nations and its t

    March 2, 2017 11:53 pm JST
  • SEC freezes Singapore, UK accounts in SoftBank-Fortress insider trading probe

    SINGAPORE -- The U.S. Securities and Exchange Commission has secured an emergency court order to freeze the assets of brokerage accounts in Singapore and London, in a probe into possible insider trading of U.S.-based Fortress Investment Group share

    March 2, 2017 10:10 pm JST
  • Asian stocks edge higher after Wall Street rally, Nikkei Asia300 gains 0.1%

    HONG KONG (NewsRise) - Asian stocks rose marginally on Thursday, tracking overnight gains in Wall Street amid optimism over President Donald Trump's economic policies. The increased prospects of a rate hike by the Federal Reserve, however, capped th

    March 2, 2017 10:00 pm JST
  • Wall Street rally lifts Singapore and Malaysia stocks

    SINGAPORE (NewsRise) -- Shares in Singapore and Malaysia soared to multi-month highs Thursday, as Wall Street posted its best session this year after Donald Trump struck an optimistic tone in his address to Congress.U.S. benchmark indexes jumped ove

    March 2, 2017 08:12 pm JST
  • Singapore's first fintech listing will be litmus test for risk appetite

    SINGAPORE (NewsRise) -- The Singapore Exchange could see its first financial technology listing by mid-year, a development that will indicate just how much risk the city-state's investors are prepared to take with fast-growing technology firms that

    March 2, 2017 06:17 pm JST
  • Japan's entry to shake up Asia's casino market

    TOKYO/SINGAPORE -- Top executives from U.S. and Asian casino operators were in an optimistic mood as they gathered in Tokyo in late February. Speaking at a gathering of investors, each expressed an eagerness to go into business in the world's third-

    March 2, 2017 11:30 am JST
  • Macau's regional challengers up their casino game

    MANILA Clad in a coat, tie and muddied loafers, Kazuo Okada paused briefly one recent afternoon during his daily rounds through his partially opened $2.4 billion casino being built in Manila."I check the inflow of customers from early evening and no

    March 2, 2017 10:00 am JST
  • New frontiers for a new breed of casino operator

    HONG KONG Casino gambling has always been a cross-border business in Asia.The many gaming parlors of Macau, the region's oldest casino hub, could hardly have survived for so many decades just serving the small territory's population, today barely a

    March 2, 2017 10:00 am JST
  • China's growing travel bug to support new casino projects

    China's large and growing traveling class is expected to provide strong demand for the Asian casino market in coming years.The number of overseas trips made annually by China's 1.36 billion people now equates to a market penetration rate of 9%. This

    March 2, 2017 10:00 am JST