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  • 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
  • Christiana Figueres

    Private sector can help unlock Asia's decarbonized future

    Much of the world is now waking up to the idea that economic growth can be decoupled from emissions growth.With China, Japan and India leading the way, the Group of 20 leading industrialized countries is now decarbonizing at 2.8% a year. This is the

    May 30, 2017 09:00 am JST
  • Nikkei Asia300 Index flat ahead of key US data releases

    HONG KONG (Nikkei Markets) -- Asian stocks were little changed in holiday-thinned trading Monday, as investors paused ahead of a data-heavy week in the U.S.The Nikkei Asia300 Index ended unchanged at 1,238.35 after trading in a narrow four-point ran

    May 29, 2017 08:38 pm JST
  • Singapore, Malaysia stocks fall ahead of key US data releases

    SINGAPORE (Nikkei Markets) - Shares in Singapore and Malaysia fell Monday as investors awaited a slew of U.S. economic data releases this week.The S&P 500 index closed marginally higher on Friday after data showed that the U.S. economy grew a better

    May 29, 2017 08:07 pm JST
  • Coffee pods vie to tempt Southeast Asia's drinkers

    JAKARTA -- Southeast Asia hosts some of the world's leading coffee growers and exporters, such as Indonesia and Vietnam, the world's fourth- and second-biggest producers respectively.Neighbors such as East Timor, Laos, Myanmar, the Philippines and T

    May 28, 2017 12:46 pm JST
  • Former army general tapped to lead Singapore Press

    SINGAPORE -- The incoming CEO of Singapore Press Holdings is the former chief of Neptune Orient Lines, a national shipping line that was sold off to a French rival after years of losses.The city-state's largest media company announced Friday that Ng

    May 27, 2017 06:06 am JST
  • Wall Street, Fed minutes boost Nikkei Asia300 Index this week

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose this week following a rebound on Wall Street, as regional investors cheered the U.S. Federal Reserve's cautious tone in its latest meeting minutes.Markets shrugged off Moody's Investor

    May 26, 2017 08:46 pm JST
  • Apple prepares to open its first Singapore store on Orchard Road

    SINGAPORE -- The anticipation is building among Apple lovers in Southeast Asia as the U.S. tech group prepares to open its Singapore store on Saturday -- the first not only in the country but also the region.The new store occupies two levels of Knig

    May 26, 2017 08:19 pm JST
  • Singapore, Malaysia stocks post weekly gains tracking Wall Street rally

    SINGAPORE (Nikkei Markets) - Shares in Singapore and Malaysia rose this week, tracking a rally in Wall Street that propelled stocks to record levels. Minutes of the U.S. Federal Reserve's latest meeting that indicated a cautious approach to rate inc

    May 26, 2017 08:14 pm JST
  • Singapore factory output rises 6.7% in April with electronics in lead

    SINGAPORE (Nikkei Markets) -- Singapore's manufacturing output rose for a ninth straight month in April as electronics continued to drive growth even as weakness in other key industries, such as pharmaceuticals and marine and offshore engineering, l

    May 26, 2017 07:27 pm JST
  • Japan committed to push infrastructure exports

    TOKYO -- Japan's government is working to wrap up a revised strategy for promoting infrastructure exports. The focus is on comprehensive support for urban development projects -- from initial planning to regulatory development to fundraising.The gov

    May 26, 2017 04:00 pm JST
  • Singapore's Comfort ties up with Ryde to boost taxi bookings

    SINGAPORE -- Singapore's largest taxi company, ComfortDelGro Taxi, said Thursday it has agreed to partner with the startup Ryde, a move aimed at protecting its market share as popular ride-hailing apps such as Uber and Grab squeeze traditional opera

    May 26, 2017 10:15 am JST
  • East Asian workers remarkably disengaged

    TOKYO -- Workers in East Asia are much less engaged in their jobs than their counterparts in the rest of the world, a recent survey by Gallup shows. Experts say East Asian companies need to alter their management styles before disengaged workforces

    May 25, 2017 10:40 pm JST
  • India shares post first gain in three days on Fed minutes

    MUMBAI (NewsRise) -- Indian shares rose for the first time in three days on Thursday, with the benchmark BSE Sensex hitting a record high, as optimism after the U.S. Federal Reserve reiterated its cautious approach to future interest rate hikes and

    May 25, 2017 09:30 pm JST
  • Nikkei Asia300 Index rises after Fed meeting minutes

    HONG KONG (Nikkei Markets) -- Asian stocks rose Thursday, as risk sentiment received a boost after the U.S. Federal Reserve's May meeting minutes indicated the central bank remains cautious in its approach to rate increases beyond June.The Nikkei As

    May 25, 2017 08:22 pm JST
  • Singapore, Malaysia shares gain as Fed minutes boost regional equities

    SINGAPORE (Nikkei Markets) -- Malaysian and Singapore shares rose Thursday, as the U.S. Federal Reserve's meeting minutes caused treasury yields and the dollar to fall, boosting demand for regional assets.The dollar declined against most currencies

    May 25, 2017 07:59 pm JST
  • Booming Southeast Asian vehicle sales drive urban congestion

    JAKARTA -- Vehicle sales in Southeast Asia are set to outpace all other regions of the world during 2017, according to industry research, highlighting surging economic expansion in some parts of the region.But the growing number of new cars and truc

    May 25, 2017 05:00 pm JST
  • Singapore revises up Q1 GDP, full-year growth seen fastest in 3 years

    SINGAPORE (Nikkei Markets) -- Singapore said on Thursday its economy is likely to grow by more than 2% in 2017, a forecast that puts the trade-dependent city-state on course to achieving its fastest expansion in three years.The Ministry of Trade and

    May 25, 2017 04:53 pm JST
  • Terrorism once again proving to be grave concern in Asia

    TOKYO -- Counter-terrorism measures, including expanding support for anti-Islamic State operations, are likely to feature prominently in the Group of Seven summit taking place in Italy on Friday and Saturday. The talks will center around the deadly

    May 25, 2017 02:58 pm JST
  • Singapore sees 2017 GDP growth topping 2%, but warns of China risks

    SINGAPORE (Reuters) -- Singapore expects its economy to grow more than 2 percent this year on improving overseas demand after GDP contracted less than initially estimated in the first quarter, but it warned of risks to the outlook from tightening fi

    May 25, 2017 11:58 am JST