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  • Nikkei Asia300 Index extends gains after Trump-Abe meet

    MUMBAI (NewsRise) -- Asian stocks edged higher Monday, as a smooth meeting between U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe further improved investor sentiment after last week's hint at tax reforms in the world's largest ec

    February 13, 2017 08:52 pm JST
  • Philippines, Indonesia commit to digital TV broadcasting

    MANILA -- Indonesia and the Philippines are moving to adopt terrestrial digital broadcasting technology, and this move by Southeast Asia's two most populous countries could open business opportunities for Japanese companies with related hardware.The

    February 13, 2017 01:30 pm JST
  • 6 dead, 125 injured in M6.7 Philippine quake

    MANILA (Kyodo) -- An earthquake with a magnitude of 6.7 struck the southern Philippines on Friday night, leaving six people dead and 125 others injured in addition to causing major damage to infrastructure, authorities said Saturday. The casualties

    February 11, 2017 02:23 pm JST
  • Michael Vatikiotis: Asia can fill the power vacuum left by the West

    The Western world is consumed by a pivotal transition that could have far-reaching consequences for the prevailing social and political order. In the same week that U.S. President Donald Trump eviscerated the Washington elite with his "American carn

    February 9, 2017 12:00 pm JST
  • Asian companies go on an M&A binge

    TOKYO Asian companies conducted a record 12,001 mergers and acquisitions in 2016, reflecting consolidation in India and a turn abroad in China.The number of M&A deals announced last year involving companies in Asia excluding Japan climbed 7% from 20

    February 9, 2017 12:00 pm JST
  • U-turn ahead for Thailand's slumping auto market

    BANGKOK The Thai auto market is expected to regain steam this year, as beneficiaries of a 2012 tax break who were stuck with the same car for five years can finally sell their vehicles and purchase new ones.Major Japanese automakers announced new of

    February 9, 2017 12:00 pm JST
  • Rising costs throw cold water on Asian factory pickup

    HONG KONG Factory activity gauges for January show most Asian economies in expansionary territory -- save for Malaysia, South Korea and Hong Kong. But manufacturers are not out of the woods: Fast-rising input costs are casting a shadow on their prof

    February 9, 2017 12:00 pm JST
  • Filipino housekeepers' Japan dream

    MANILA/TOKYO -- Beside a table with a teapot, teacups and chopsticks, Rovie Ebanculla vacuums a tatami mat while another female colleague cleans an elaborate toilet bowl, the kind that have made their way into many Japanese homes.Both are in the Phi

    February 9, 2017 09:00 am JST
  • Nickel market roiled by supply outlooks in Indonesia, Philippines

    TOKYO -- The nickel market has been undergoing wild swings this year, pummeled by Indonesia's move to relax an export ban but later buoyed by expectations of a supply decrease from the Philippines.The Philippines said last Thursday that it will clos

    February 8, 2017 06:30 pm JST
  • Philippines' Globe Telecom eyes residential broadband push

    TOKYO -- Philippine telecom giant Globe Telecom aims to bring fixed-line broadband service into more homes in the country, with a goal of providing 2 million households with high-speed internet access by 2020.In a recent interview with The Nikkei, J

    February 7, 2017 04:00 pm JST
  • 14 sectors record growth in January Asia PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for January showed increased business activity in 14 of the 19 industries monitored, down from 17 in December. Beverages & food sector registered the strongest output growth at 57.4

    February 7, 2017 09:30 am JST
  • San Miguel expands into Australian bottling and packaging

    MANILA -- Philippine conglomerate San Miguel announced on Monday the completed acquisition of an Australian wine bottler for 27 million Australian dollars ($20.7 million), as part of the diversified company's drive to bolster traditional business li

    February 6, 2017 09:20 pm JST
  • Digital ad spending expected to surge in Southeast Asia

    SINGAPORE -- Southeast Asia's digital ad spending is expected to see double-digit gains in 2017, driven by increased demand for mobile, video and social media advertising, according to a report by eMarketer and IAB Singapore.The report provides fore

    February 6, 2017 08:35 pm JST
  • Soaring costs throw cold water on Asian factory pickup

    HONG KONG Factory activity gauges for January show most Asian economies in expansionary territory -- save for Malaysia, South Korea and Hong Kong. But manufacturers are not out of the woods: Fast-rising input costs are casting a shadow on their pr

    February 6, 2017 01:00 pm JST
  • Philippines' Duterte scraps peace talks with communists

    MANILA (Kyodo) -- Philippine President Rodrigo Duterte said Saturday evening his government is pulling out of peace talks with the country's communist movement, a day after he lifted the government's unilateral cease-fire with the insurgents.In an i

    February 5, 2017 03:59 pm JST
  • Protectionism could hurt Asia, warns IMF official

    TOKYO -- Rising protectionism among developed countries is a threat to prosperity in Asia, a deputy managing director of the International Monetary Fund warned Thursday.Mitsuhiro Furusawa spoke at an international conference hosted here by the IMF a

    February 3, 2017 07:05 am JST
  • Philippines orders closure of 21 mines on environmental grounds

    MANILA -- The Philippines on Thursday ordered the closure of 21 mining operations following an industrywide audit launched by the administration of President Rodrigo Duterte.Environment and Natural Resources Secretary Regina Lopez, a hard-line envir

    February 2, 2017 11:05 pm JST
  • Duterte openly flirting with martial law

    MANILA -- Philippine President Rodrigo Duterte has started exploring the possibility of declaring martial law. His signature anti-drug campaign would be the excuse.This is evoking dark memories of former dictator Ferdinand Marcos' iron-fisted rule.T

    February 2, 2017 02:45 pm JST
  • As America retreats, Asia is the last hope for free trade

    TOKYO Fukunari Kimura, a professor at Keio University and an expert in Asian trade, indicated in a Nikkei interview that the Regional Comprehensive Economic Partnership, a proposed free trade agreement, should be a stronghold of free trade, since th

    February 2, 2017 12:00 pm JST
  • Company in focus: Antam faces a test as Indonesia shifts mining policy

    JAKARTA Indonesia's surprise decision on the evening of Jan. 12, after the markets closed, to ease its mineral export ban sent ripples through Asia's nickel industry. Shares of nickel producers in the region plummeted the day after the announcement

    February 2, 2017 12:00 pm JST