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  • China surges to world's No. 2 overseas investor

    TOKYO -- An overseas acquisition binge propelled China to the No. 2 spot in outbound investment in 2016, according to a United Nations report published Thursday.The country's foreign direct investment soared 44% last year to a record $183 billion, s

    June 8, 2017 02:00 am JST
  • Qatar crisis ripples through Southeast Asia

    KUALA LUMPUR -- Southeast Asian countries have taken precautionary steps after Gulf countries severed diplomatic and commercial relations with Qatar.The Philippines, which has over 140,000 workers in the gas-rich kingdom partially suspended the depl

    June 7, 2017 11:08 pm JST
  • Philippines firm on South China Sea claims: Cayetano

    TOKYO -- The Philippines will not surrender its territorial claims in the South China Sea despite President Rodrigo Duterte's pivot to Beijing, Foreign Affairs Secretary Alan Cayetano said Wednesday.Speaking at the Japan National Press Club, Cayetan

    June 7, 2017 07:15 pm JST
  • Richard Heydarian

    Philippines' Mindanao crisis sparks 'caliphate' fears

    Growing worries over transnational terrorism dominated the recent Shangri-La Dialogue in Singapore, which brought together 23 defense ministers and hundreds of security experts.The ongoing crisis in the southern Philippine island of Mindanao, where

    June 7, 2017 10:00 am JST
  • Insurance grows fastest in May's Asia sector PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for May showed output growth in 15 of the 19 sectors monitored.Insurance (54.5) marked the sharpest growth, followed by machinery and equipment (54.1), commercial and professional s

    June 7, 2017 09:30 am JST
  • Asia-Pacific upgrading internet connectivity

    SINGAPORE -- Asia-Pacific already boasts some of the fastest internet connectivity in the world and continues to improve as its economies digitize, according to a report by Akamai, a U.S.-based content delivery network and cloud provider.Akamai's qu

    June 6, 2017 11:03 pm JST
  • The Future of Asia 2017

    Asia should actively shape own future: Philippine foreign secretary

    TOKYO -- Asia, though it has become the world's growth center, should actively shape its own future through both internal and external partnerships.That was the key message from Alan Cayetano, Philippine Secretary of Foreign Affairs, who gave the cl

    June 6, 2017 08:03 pm JST
  • The Future of Asia 2017

    Philippines rallies international support in terror fight

    TOKYO -- Philippine Foreign Affairs Secretary Alan Cayetano on Tuesday called for international support in fighting Islamic State-aligned militants who have laid siege to a city in Mindanao.Coordination has started among members of the Association o

    June 6, 2017 06:52 pm JST
  • Philippines says Arab-Qatar rift may have repercussions for Filipino workers

    MANILA (Reuters) -- The Philippine government expressed concern over several Arab powers breaking off diplomatic ties with Qatar, saying this may have "ripple effects" on Filipinos working overseas."Concerned government agencies are looking at the m

    June 6, 2017 02:34 pm JST
  • Asia manufacturing turns soft as China's construction loses steam

    HONG KONG -- The recovery of Asian manufacturing proved to be short-lived. Of the 12 economies tracked by The Nikkei across the region, seven registered slower growth and three saw contractions in May. Analysts noted that the downturn has much to do

    June 6, 2017 12:35 pm JST
  • The Future of Asia 2017

    World Bank's Levy calls for new type of globalism

    TOKYO -- Asia should champion a new form of globalism, such as one that facilitates cross-border infrastructure investments, World Bank Managing Director Joaquim Levy said in a speech at the 23rd International Conference on the Future of Asia on Tue

    June 6, 2017 12:21 pm JST
  • The Future of Asia 2017

    ASEAN aims for 'legally binding' South China Sea rules

    TOKYO -- The Association of Southeast Asian Nations will aim for a legally binding code of conduct on the South China Sea territorial dispute when it negotiates with Beijing, ASEAN Secretary-General Le Luong Minh told the Nikkei Asian Review on Mond

    June 6, 2017 09:39 am JST
  • The Future of Asia 2017

    South China Sea agreement expected in November: official

    TOKYO -- Asian countries will likely agree on a code of conduct for the South China Sea when regional leaders meet for a summit in November, Philippine Foreign Affairs Undersecretary for Policy Enrique Manalo said Monday.Manalo spoke at a panel on t

    June 6, 2017 09:01 am JST
  • Asia hardly immune to terrorism

    LONDON/MANILA -- From London Bridge to a Jakarta bus terminal to the streets of Marawi in the Philippines, recent terrorist attacks have left governments scrambling to get ahead of new outbreaks of extremist violence.Twelve people were arrested in c

    June 6, 2017 06:11 am JST
  • Metro Pacific expands into Duterte's home territory

    MANILA -- Infrastructure conglomerate Metro Pacific Investments has acquired a 50% stake worth 4.25 billion pesos ($86 million) in a local energy company that takes it into the country's south, President Rodrigo Duterte's base of operations.Metro Pa

    June 6, 2017 12:09 am JST
  • Ayala buys German auto parts maker MT Misslbeck Technologies

    MANILA -- Ayala Corp., the Philippines' oldest conglomerate, has acquired a majority stake in a German automotive parts supplier, fortifying its ambitions to produce next-generation automobiles, including driverless cars.AC Industrial Technology Hol

    June 5, 2017 09:16 pm JST
  • The Future of Asia 2017

    Threats to free trade 'cannot be taken lightly,' ASEAN chief warns

    TOKYO -- The chief of Southeast Asia's regional bloc on Monday pushed back against the emerging anti-globalization mood, stressing a commitment to continued economic integration and open trade.Le Luong Minh, a veteran Vietnamese diplomat who became

    June 5, 2017 04:22 pm JST
  • The Future of Asia 2017

    Japan should invite China to join TPP, Singapore's Goh says

    TOKYO -- It is up to Japan and China to drive free trade and economic integration in Asia, and they have to do it "in tandem, not as rivals," Goh Chok Tong, Singapore's former prime minister, said on Monday. On the Trans-Pacific Partnership, specifi

    June 5, 2017 02:07 pm JST
  • JFE Engineering wins $90m water treatment project in Philippines

    TOKYO -- JFE Engineering, a unit of steelmaker JFE Holdings, has won a 10 billion yen ($90.4 million) contract to upgrade the largest water purification plant in the Philippines. The plant supplies water to roughly half of Metropolitan Manila's pop

    June 5, 2017 01:40 pm JST
  • An animated look at how Asia has changed over 50 years

    Asia has changed considerably since the Association of Southeast Asian Nations came together as a political bloc in August 1967. But how can we get a sense of the pace and direction of that change? Inspiration comes from the Gapminder Foundation,

    June 5, 2017 08:00 am JST