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  • 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-lar

    March 2, 2017 10:00 am JST
  • Airport 'hit' strains North Korea's relationship with Southeast Asia

    KUALA LUMPUR The killing of Kim Jong Nam, the half brother of North Korean leader Kim Jong Un, is fraying Pyongyang's relationship with the Association of Southeast Asian Nations and threatening its access to the greater international community.At a

    March 2, 2017 10:00 am JST
  • Asian stocks rise as Trump reiterates U.S. tax cut plans

    HONG KONG (NewsRise) -- Asian shares rose Wednesday, tracking a rally in U.S. stock futures, after President Donald Trump told U.S. lawmakers he wanted to cut corporate taxes.The Nikkei Asia300 Index rose 0.2% to 1,130.69. U.S. index futures rose an

    March 1, 2017 09:12 pm JST
  • Oil-related stocks lead Singapore higher, financials lift Malaysia

    SINGAPORE (NewsRise) - Singapore shares broke a three-session losing streak Wednesday, helped by a jump in Yangzijiang Shipbuilding Holdings after it reported upbeat quarterly results and as the city-state's biggest rig builders continued to ride a

    March 1, 2017 08:16 pm JST
  • ASEAN PMI inches up to 50.3 in February

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, rose slightly to 50.3 in February from 50.0 in January.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. February's PMI re

    March 1, 2017 09:30 am JST
  • 'America first' era seen dealing a blow to Asia: JCER

    TOKYO -- If the U.S. decides to introduce what is being called a border adjustment tax system, it could end up pushing down economic growth rates in five Asian nations that the Japan Center for Economic Research studied.The five countries are China,

    February 28, 2017 10:45 pm JST
  • Asian stocks extend decline ahead of Trump speech; Nikkei Asia300 Index falls 0.2%

    HONG KONG (NewsRise) -- Asian stocks slipped Tuesday, as investors took a cautious stance ahead of President Donald Trump's highly anticipated address to the U.S. Congress.The Nikkei Asia300 Index fell 0.2% to 1,128.62. Investors await Trump's addre

    February 28, 2017 09:49 pm JST
  • Noble Group's return to profit fails to reassure investors

    SINGAPORE (NewsRise) -- Commodities trader Noble Group swung to profit but the news failed to lift the stock from last week's massive slump triggered by a report that questioned the company's accounting practices and raised doubts about its ability

    February 28, 2017 07:37 pm JST
  • Singapore shares slip ahead of Trump speech, Malaysia flat

    SINGAPORE (NewsRise) - Shares in Singapore edged lower as investors remained on the sidelines ahead of Donald Trump's much-awaited address to U.S. Congress. Malaysian markets ended a rangebound session unchanged.The city-state's FTSE Straits Times i

    February 28, 2017 07:25 pm JST
  • Olam International returns to profit in 2016

    SINGAPORE -- Singapore-based agricultural commodity producer Olam International posted a net profit of 351.3 million Singapore dollars ($250 million) for the year ended December 2016, reversing a net loss of S$114.9 million in 2015, due to lower one

    February 28, 2017 06:50 pm JST
  • Sit down for your stand-up noodles

    TOKYO -- Standing noodle bars are a pretty common feature across the Japanese capital, particularly in and around train stations, where busy office workers can take a few minutes to gobble down a hot meal before getting back to work or heading to th

    February 28, 2017 05:30 pm JST
  • Asia needs $26tn for infrastructure through 2030: ADB report

    MANILA -- Asia will need $26 trillion of infrastructure investment in the 15 years from 2016 to 2030, said a report published on Tuesday by the Asian Development Bank.According to the report, titled Meeting Asia's Infrastructure Needs, the region ne

    February 28, 2017 01:23 pm JST
  • ADB says Asia needs to double infrastructure spending

    MANILA, Philippines (AP) - Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum, the Asian Developme

    February 28, 2017 12:35 pm JST
  • Asian stocks fall as investors await Trump speech; Nikkei Asia300 slips 0.2%

    HONG KONG (NewsRise) - Asian stocks fell on Monday, as investors turned risk averse ahead of President Donald Trump's speech to the U.S. Congress.The Nikkei Asia300 Index fell 0.2% to 1,130.46. The decline came as markets awaited the President's spe

    February 27, 2017 09:05 pm JST
  • Tepid earnings, lenders drag Singapore stocks lower, Malaysia slips with region

    SINGAPORE (NewsRise) -- Singapore shares slipped on Monday, weighed down by earnings disappointments, and as a fall in U.S. borrowing cost hurt banking heavyweights.Malaysian stocks also edged lower, tracking other Asian equity markets, as investors

    February 27, 2017 08:21 pm JST
  • Singapore manufacturing loses steam in January, but recovery on track

    SINGAPORE (NewsRise) - Manufacturing output in the city-state rose 2.2% in January from a year ago, slowing from the double-digit pace of expansion in the last two months of 2016, as weakness in the offshore segment and in pharmaceuticals offset the

    February 27, 2017 02:07 pm JST
  • Foxconn, SoftBank plan tech investment venture

    TOKYO/OSAKA -- Taiwan's Hon Hai Precision Industry will soon take a majority stake in a SoftBank Group asset management company in Singapore, furthering cooperation with the Japanese telecom giant known for its venture capital investments in the inf

    February 25, 2017 07:50 am JST
  • Japan, China play for 'swing states' in regional trade game

    TOKYO -- Top negotiators from 16 Asia-Pacific countries representing roughly half the world's population and around a third of global trade will meet in Kobe next week to discuss a trade deal that some, like Japan, hope will bear fruit amid the grow

    February 25, 2017 04:00 am JST
  • Singapore's UOL sees signs of housing market recovery

    SINGAPORE -- The housing market here appears on firmer ground after three years of decline, an executive at property developer UOL Group reported Friday.The market "has shown some resilience," said Liam Wee Sin, deputy group CEO, in a news conferenc

    February 25, 2017 03:30 am JST
  • Asian stocks fall on caution over Trump's tax rules, Nikkei Asia300 Index slips

    HONG KONG (NewsRise) -- Asian stocks edged lower on Friday after a recent rally, as investors awaited details of Donald Trump's tax policies.The Nikkei Asia300 Index fell 0.4% to 1,132.48.The decline came after U.S. Treasury Secretary Steven Mnuchin

    February 24, 2017 08:41 pm JST