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  • China leaps 7 spots to No. 18 in world competitiveness ranking

    TOKYO -- China saw a big jump in the latest competitiveness ranking by Swiss business school IMD, moving from 25th to 18th place. Its rise was driven by President Xi Jinping's Belt and Road Initiative, which focuses on international trade as a way o

    June 2, 2017 10:00 am JST
  • ASEAN PMI falls to 50.5 in May

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, fell to 50.5 in May from 51.1 in April.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction.Latest data indicated that only fo

    June 2, 2017 09:30 am JST
  • Nikkei Asia300 Index starts June on high, Philippines leads

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose Thursday, as participants shrugged off a private survey that showed a contraction in Chinese manufacturing activity, while sentiment in the Philippines improved after a long-awaited ta

    June 1, 2017 09:12 pm JST
  • Developers lift Singapore shares; Axiata pulls Malaysian equities lower

    SINGAPORE (Nikkei Markets) -- Singapore shares rose Thursday, paced by a rally in property developers after U.S. 10-year bond yields fell to six-week lows. Malaysian stocks slipped, weighed by the slump in Axiata Group and Westports Holdings.Singapo

    June 1, 2017 08:19 pm JST
  • Singapore medical technology startups target overseas growth

    SINGAPORE -- A medical technology cluster is developing in Singapore, with a collection of startups creating products that could help advance patient care. While the medical technology field in Singapore is relatively new, there is no lack of innova

    June 1, 2017 12:59 pm JST
  • ASEAN exports and consumption are up, but for how long?

    SINGAPORE/MANILA One weekend in late May, car dealerships in Singapore's Queenstown were packed with families and middle-aged couples hunting for new cars. Brochures in hand, a 50-year-old businessman had been visiting showrooms of upscale brands su

    June 1, 2017 10:00 am JST
  • ASEAN exports and consumption are up, but for how long?

    SINGAPORE/MANILA One weekend in late May, car dealerships in Singapore's Queenstown were packed with families and middle-aged couples hunting for new cars. Brochures in hand, a 50-year-old businessman had been visiting showrooms of upscale brands su

    June 1, 2017 10:00 am JST
  • Mobile payments are catching on strong in Southeast Asia

    BANGKOK Cash is still king in Southeast Asia, but may be dethroned sooner rather than later as the region embraces the cashless society using smartpones tied to mobile payment systems.One rising star in the cashless market is Thailand's Rabbit trans

    June 1, 2017 10:00 am JST
  • Marina Bay Sands design company partners Singapore's Surbana Jurong

    SINGAPORE -- State-owned consultancy Surbana Jurong is partnering U.S.-based Safdie Architects, the company that designed Marina Bay Sands, with plans for other iconic projects across the region.Led by Moshe Safdie, the Boston-based architectural pr

    May 31, 2017 11:18 pm JST
  • Nikkei Asia300's movement depends on growth, stability, U.S.

    TOKYO -- The Nikkei Asia300 Index has been rising recently. The reason is that investment capital has been flowing into Asian markets from around the world in pursuit of growth and yields. However, money can be capricious. Fear of a risk can quickly

    May 31, 2017 10:00 pm JST
  • Nikkei Asia 300 Index marks six months with 17% rise

    TOKYO -- The Nikkei Asia300 Index, tracing some 300 of Asia's must-watch listed companies, marked its first six months on Thursday with a 17% gain since its debut.The Nikkei Asia300 Index stood at 1229.14 on May 31, while the index started at 1052.9

    May 31, 2017 10:00 pm JST
  • Nikkei Asia300 index reflects Asian companies' growing momentum

    The Nikkei Asia300 Index is a composite stock index comprising over 300 of Asia's most influential listed companies, allowing users to grasp overall stock trends in Hong Kong, China, South Korea, Taiwan, India and six Southeast Asian countries.In ad

    May 31, 2017 10:00 pm JST
  • Smartphone-, consumption-related stocks show well in Nikkei Asia300 Index

    TOKYO -- Smartphone-related companies are hot. So too are South Korean and Indian companies. At least that is what the Nikkei Asia300 Index shows when we look at the price movements of its components as well as the moves by country or region.That sh

    May 31, 2017 10:00 pm JST
  • Nikkei Asia300 Index rises in May on earnings, French election cheer

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose in May after a market-favored outcome in French Presidential elections bolstered global sentiment, while a rally in regional technology companies kept investor spirits high.The Nikkei

    May 31, 2017 09:14 pm JST
  • China factory data steers Singapore shares higher; Malaysia stocks little changed

    SINGAPORE (Nikkei Markets) -- Singapore shares rose Wednesday after better-than-expected factory activity data from China allayed concerns about a slowdown in Asia's largest economy. Malaysian shares were little changed.China's official manufacturin

    May 31, 2017 08:22 pm JST
  • Singapore tech authority teams up with SGX to boost IPOs

    SINGAPORE (Nikkei Markets) -- The Singapore Exchange has joined forces with the city-state's technology and media regulator in an effort to persuade promising tech start-ups to list on the local bourse.Under a memorandum of intent signed on Wednesda

    May 31, 2017 06:18 pm JST
  • DRB-Hicom cuts net losses in fiscal year 2017

    KUALA LUMPUR -- Malaysia's automotive conglomerate DRB-Hicom said Tuesday that losses in the fiscal year ended Mar.31 shrunk on higher contributions from postal business and asset disposal.Full year's net losses declined to 454 million ringgit ($106

    May 30, 2017 09:38 pm JST
  • Singapore stocks edge lower as bank shares fall; Malaysia equities little changed

    SINGAPORE (Nikkei Markets) -- Singapore shares, led by banking stocks, fell to a one-month low as most Asian markets struggled for direction amid a lack of fresh cues. Malaysia stocks ended little changed.With U.S. and U.K. markets closed on Monday

    May 30, 2017 07:39 pm JST
  • Singapore, Asian banks have overcome crises, digital push to help: MAS chief

    SINGAPORE (Nikkei Markets) -- Singapore's three local lenders have dealt decisively with problem loans to energy-related sectors, and their outlook, along with that of their Asian counterparts, is positive, according to the head of the Monetary Auth

    May 30, 2017 05:07 pm JST
  • Credit Suisse, UOB fined for 1MDB transactions

    SINGAPORE -- The Monetary Authority of Singapore has announced that it is imposing financial penalties on Credit Suisse and United Overseas Bank, after completing a two-year review of transactions related to debt-laden state fund 1Malaysia Developme

    May 30, 2017 02:01 pm JST