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  • Interview

    ADB chief sees 'even bigger role' for multilateral lenders

    MANILA -- Asian Development Bank President Takehiko Nakao sees three key ways in which the institution has paved the way for the region's economic emergence. He sat down with The Nikkei to talk about the lender's five-decade track record and what th

    May 3, 2017 12:20 pm JST
  • DBS uses digitalization to cut costs, develop new markets

    SINGAPORE -- Digitalization has improved the bottom line at DBS Group Holdings by cutting expenses. It is also creating new business opportunities, according to Chief Executive Piyush Gupta.Singapore's biggest bank announced on Monday that its first

    May 3, 2017 02:00 am JST
  • Temasek and Jack Ma fund lead $75m round for Chinese genomic company

    SINGAPORE -- Singaporean state investor Temasek Holdings and private equity firm Yunfeng Capital, backed by Chinese e-commerce group Alibaba's founder Jack Ma, have led a $75 million funding round for WuXi NextCODE, a Chinese genomics data company.A

    May 3, 2017 12:30 am JST
  • Nikkei Asia300 Index climbs to 2017 high as techs, DBS gain

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan advanced to their highest level this year on Tuesday, with upbeat earnings from DBS Group Holdings and gains for technology shares helping lift sentiment.The Nikkei Asia300 Index, a benchma

    May 2, 2017 09:06 pm JST
  • Nikkei unveils Nikkei Markets English-language newswire service

    KUALA LUMPUR -- Japanese media organization Nikkei Inc. introduced a new English-language newswire service, Nikkei Markets, on Tuesday. Launched in Apr.3, Nikkei Markets will cover blue chips, but it will also delve deeper, covering small- and mid-c

    May 2, 2017 08:10 pm JST
  • Singapore shares jump on DBS Bank earnings; Malaysia stocks hit two-year high

    SINGAPORE (Nikkei Markets) -- Singapore shares climbed to a 21-month high on Tuesday as banking stocks rallied after the nation's largest lender DBS Group Holdings reported better-than-expected earnings. Malaysia stocks rose to the highest in almost

    May 2, 2017 07:20 pm JST
  • US lining up Asian partners to contain North Korea

    TOKYO/WASHINGTON -- U.S. President Donald Trump is stepping up efforts to build an international coalition against North Korea, with phone calls to Asian leaders, conferences at the White House, and a show of military might off the Korean Peninsula.

    May 2, 2017 02:57 pm JST
  • Singapore's DBS 1Q net profit up 33% on-quarter on higher fee income

    SINGAPORE (Nikkei Markets) -- Singapore 's DBS Group Holdings said Tuesday its net profit for the first-quarter edged up 1% on-year to a record S$1.21 billion, but it was up 33% over the previous quarter helped by higher fee income and lower allowan

    May 2, 2017 11:01 am JST
  • South Korea says U.S. reaffirmed it will pay THAAD costs

    SEOUL (Reuters) -- South Korea said the United States had reaffirmed it would shoulder the cost of deploying the THAAD anti-missile system, days after President Donald Trump said Seoul should pay for the $1 billion battery designed to defend against

    May 1, 2017 12:20 pm JST
  • Japan's Pokka starts making soft drinks in Indonesia

    TOKYO -- Pokka Sapporo Food & Beverage is ramping up Indonesian operations in soft drinks, switching to local production to strengthen its market foothold and save on costs.The Japanese beverage maker set up a production facility through a joint ven

    May 1, 2017 04:00 am JST
  • ASEAN makes concession to China

    MANILA -- In a nod to Beijing's lobbying, Southeast Asian leaders concluded a summit here on Saturday by avoiding references to China's island-building in the South China Sea and to a landmark arbitration ruling that rendered such projects illegal.T

    April 30, 2017 12:15 pm JST
  • ASEAN summit opens with concerns over threats to peace, stability

    MANILA (Kyodo) -- Leaders of the Association of Southeast Asian Nations kicked off their summit Saturday with Philippine President Rodrigo Duterte expressing concerns over threats to regional peace and stability, while also stressing the need to tac

    April 29, 2017 04:08 pm JST
  • Kavi Chongkittavorn

    ASEAN at 50: Carry on soul searching?

    The slogan of ASEAN 2017 under its Philippine chairmanship -- "Partnership for Changes, Engaging the World" -- is telling. After five decades of existence, the Association of Southeast Asian Nations continues to do what it has always done best -- so

    April 28, 2017 11:50 pm JST
  • UOB's profit up 5.4%, beating expectations

    SINGAPORE -- Singapore's United Overseas Bank posted a net profit of 807 million Singapore dollars ($578 million) for the first quarter ended in March, recording a 5.4% increase compared to the same period last year and beating analysts' expectation

    April 28, 2017 09:13 pm JST
  • Nikkei Asia300 Index advances for fourth month

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan climbed for a fourth straight month in April, though most regional markets declined Friday ahead of a long weekend and as investors considered a raft of earnings.The Nikkei Asia300 Index sl

    April 28, 2017 08:47 pm JST
  • Singapore, Malaysia stocks post weekly gains as French polls boost global markets

    SINGAPORE (Nikkei Markets) - Shares in Singapore and Malaysia advanced this week, joining a global rally in equities, as a pro-European Union candidate's victory in the first round of French elections allayed concerns about the future of the bloc.Em

    April 28, 2017 07:14 pm JST
  • Singapore unemployment hits 7-year high in Q1 as economy sheds jobs

    SINGAPORE (Nikkei Markets) -- Unemployment in Singapore rose to a seven-year high in the first quarter of 2017 as construction industry jobs shrank, underlining the patchy economic recovery.Flash estimates released by the Ministry of Manpower on Fri

    April 28, 2017 06:34 pm JST
  • ASEAN airs 'grave concern' over North Korea missile tests

    MANILA -- The Association of Southeast Asian Nations on Friday became the latest body to voice anxiety over rising tensions in the Korean Peninsula. In a statement, ASEAN foreign ministers expressed their "grave concern over the escalation of tensio

    April 28, 2017 05:30 pm JST
  • Japan pursues currency swaps with ASEAN members

    TOKYO -- Japan seeks to establish bilateral currency swap frameworks with members of the Association of Southeast Asian Nations as a hedge against tight fund supplies in a financial crisis and also as a counter to the growing influence of the yuan.T

    April 28, 2017 04:50 am JST
  • Sony unit eyes 8 new music halls across Asia

    TOKYO -- Sony Music Entertainment plans to open performance halls in eight major Asian cities by 2023, with an eye on tapping demand from Japanese artists for high-quality venues to stage concerts for their growing legions of fans.Zepp Hall Network,

    April 28, 2017 03:30 am JST