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  • Singapore PMI rise to 52.2 in March

    TOKYO -- The Nikkei Singapore Purchasing Managers' Index, or PMI, rose to 52.2 in March from 51.4 in February.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."Singapore's private sector registered

    April 5, 2017 09:30 am JST
  • Southeast Asia's new-car sales climb 13% in February

    BANGKOK -- New-car sales in six major Southeast Asian countries rose 13% on the year in February, as the region's auto market logged double-digit growth for the first time in eight months.February auto sales for the six nations hit 259,746 vehicles,

    April 5, 2017 07:25 am JST
  • Nikkei Asia300 Index flat as Trump-Xi meeting looms

    SINGAPORE (Nikkei Markets) -- Asian stocks were little changed on Tuesday, with many markets closed for public holidays and as caution prevailed ahead of Donald Trump and Chinese President Xi Jinping's first official meeting.The Nikkei Asia300 Index

    April 4, 2017 08:58 pm JST
  • Dimitris Tsitsiragos

    Asia can boost growth through cross-border investment

    Cross-border investments are not only spurring rapid growth in the economies of East Asia, they are going a long way to making the region an engine of global expansion. In its 2016 World Investment Report, the United Nations Conference on Trade and

    April 4, 2017 06:34 pm JST
  • CapitaLand's serviced residence arm enters South America with Brazil deal

    SINGAPORE (Nikkei Markets) - Ascott, CapitaLand's wholly owned serviced residence arm, has signed franchise agreements for two properties in Brazil, marking its foray into the South American hospitality market.Announcing the latest deal in a stateme

    April 4, 2017 05:56 pm JST
  • Global debt hits $215tn in 2016, led by emerging markets -- IIF

    Global debt rose to 325 percent of the world's gross domestic product in 2016, totalling $215 trillion, an Institute for International Finance report released on Monday showed, boosted by the rapid growth of issuance in emerging markets.Global debt

    April 4, 2017 09:14 am JST
  • Japan's JXTG to slash capex, ease upstream development

    TOKYO -- Newly formed energy giant JXTG Holdings will hold down capital investment for a while as the company works toward achieving its earnings goals and establishing fiscal discipline.The new entity plans to "reduce [capital spending] by 20-30% f

    April 4, 2017 05:15 am JST
  • Singapore, Malaysia start June quarter on front foot

    SINGAPORE (Nikkei Markets) - Shares in Singapore and Malaysia kicked off the quarter on a positive note, even as investor attention remained firmly on the outlook for U.S. economic and trade policies ahead of a meeting between Donald Trump and Chine

    April 3, 2017 07:48 pm JST
  • Singapore private home prices fall for 14th straight quarter, luxury units weigh

    SINGAPORE (Nikkei Markets) -- Private home prices in Singapore fell for the 14th straight quarter in the three months to March 2017 as developers offered discounts, especially on higher-end apartments.Although prospective buyers are showing greater

    April 3, 2017 06:06 pm JST
  • ASEAN PMI rises to 50.9 in March

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, rose to 50.9 in March from 50.3 in February. All ASEAN economies except Malaysia recorded growth across their manufacturing sectors. A reading above 50 indicates economic ex

    April 3, 2017 09:30 am JST
  • Multinational in Asia

    Dyson bets on Asia to boost lineup of high-tech appliances

    SINGAPORE -- Dyson, known for its bagless vacuum cleaners and bladeless fans, wants to develop, make, and sell a lot more products in Asia.It didn't take long for the home appliance maker, founded in 1993, to become a household name. Its cord-free m

    April 2, 2017 01:00 pm JST
  • Nikkei Asia300 jumps in March quarter on Trump, Fed hopes

    HONG KONG (NewsRise) -- Asian stocks surged in the first quarter of 2017 as hopes for pro-growth policies from U.S. President Donald Trump dovetailed with expectations the Federal Reserve will only raise interest rates gradually.The Nikkei Asia300 I

    March 31, 2017 10:02 pm JST
  • SGX signs pact with crowdfunding firm to reach out to startups, SMEs

    SINGAPORE (NewsRise) -- Singapore Exchange has tied up with crowdfunding platform Crowdo as part of its efforts to engage smaller companies that are not yet ready to list or which prefer to stay private.The memorandum of understanding with Crowdonom

    March 31, 2017 04:10 pm JST
  • Nikkei Asia300 slips after hawkish Fed comments

    HONG KONG (NewsRise) -- Asian stocks retreated Thursday, as comments from Federal Reserve officials fuelled speculation of a faster-than-expected pace of rate increases in the world's largest economy.The Nikkei Asia300 Index fell 0.3% or 3.6 points

    March 30, 2017 08:48 pm JST
  • Singapore, Malaysia shares slip as Fed rate bets hurt region

    SINGAPORE (NewsRise) -- Shares in Singapore and Malaysia fell on Thursday, as hawkish comments from Federal Reserve officials ahead of U.S. economic growth numbers kept expectations of further rate increases alive.The Nikkei Asia300 Index was down 0

    March 30, 2017 07:42 pm JST
  • Southeast Asia's gaming startups take a cue from Tencent

    TOKYO Gaming startups across Southeast Asia are taking a cue from Chinese tech giant Tencent Holdings and branching out beyond games, an approach that is helping reel in users and woo investors.THE GARENA EXAMPLE At a gaming cafe in downtown Singapo

    March 30, 2017 10:00 am JST
  • Adam Reynolds: 'Open banking' is a golden opportunity for Asian finance

    Getty Images

    With few aspects of the financial industry seemingly immune to the potential impacts of technological innovation, incumbent financial service providers in Asia face a fundamental choice.On the one hand, they can maintain their current full-service b

    March 30, 2017 10:00 am JST
  • Asian companies muddle through Brexit uncertainty

    TOKYO -- Nine months after it voted in a referendum to leave the European Union, the U.K. on Wednesday formally notified the EU that it is breaking away from the single market. Next up ... at least two years of negotiations toward the exit.A chief c

    March 29, 2017 11:00 pm JST
  • Nikkei Asia300 extends gains, spurred by U.S. data

    HONG KONG (NewsRise) -- Asian stocks outside of Japan advanced for a second day, as upbeat U.S. economic data helped prop up sentiment after the collapse of U.S. healthcare bill.The Nikkei Asia300 Index climbed 0.2% to 1,177.62. Indonesian equities

    March 29, 2017 08:37 pm JST
  • Singapore shares extend gains after US data, Malaysia slides

    SINGAPORE (NewsRise) -- Shares in Singapore rose to 20-month highs after upbeat U.S. consumer confidence data helped indexes on Wall Street rebound, boosting risk appetite. Malaysian equities retreated as investors took profits.The Nikkei Asia300 In

    March 29, 2017 07:40 pm JST