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  • Price spikes feared as Asian oil production drops

    SINGAPORE -- A global focus on rising oil output in the U.S. has overshadowed an important trend elsewhere in the market. Falling oil production in Asia is forecast to accelerate as major fields dry up, which will stiffen demand for foreign barrels

    March 29, 2017 07:40 pm JST
  • Microinsurance closes gaps in social safety nets

    TOKYO "I was very worried [about the hospital bill] because my father was in [intensive care] for a long time," said Sheryl Tan, recalling the two painful months leading up to her father's death last year. "So I was relieved when I heard that Medi

    March 26, 2017 04:30 pm JST
  • Insurers help to pay for Asia's infrastructure needs

    BANGKOK -- A recent $150 million refurbishment of two decades-old geothermal power plants on the Philippine island of Luzon may sound like just another project aimed at overcoming the country's severe electricity shortages. But, for Asia's insurance

    March 26, 2017 01:40 am JST
  • Nikkei Asia300 Index gains on week even as Trump jitters weigh

    HONG KONG (NewsRise) -- Asian stocks managed modest gains this week, helped by advances in heavyweights after earnings, even as uncertainty about U.S. President Donald Trump's economic policies dampened sentiment.The Nikkei Asia300 Index edged 0.02%

    March 24, 2017 10:35 pm JST
  • Indofood profit up 40% in 2016

    JAKARTA -- Indofood Sukses Makmur on Friday said net profit for 2016 increased 40% from a year earlier to 4.1 trillion rupiah ($307 million), thanks to lower raw materials prices.The big Indonesian food-maker, however, warned of rising prices ahead.

    March 24, 2017 04:48 pm JST
  • Nikkei Asia300 Index little changed as Trump caution weighs

    HONG KONG (NewsRise) -- Asian stocks were little changed Thursday despite a rebound on Wall Street as markets remained cautious about U.S. President Donald Trump's ability to pass major economic reforms.The Nikkei Asia300 Index was 0.01% higher at 1

    March 23, 2017 09:52 pm JST
  • Michael Vatikiotis

    ASEAN at 50: Uncertain times call for smart diplomacy

    As the Association of Southeast Asian Nations celebrates its 50th anniversary, the complexity of the internal and external environment is severely testing its approach to cooperative security that rests, above all, on preserving the sovereignty of e

    March 23, 2017 09:40 pm JST
  • Indonesian bourse launches startup incubator

    JAKARTA -- The Indonesia Stock Exchange on Thursday launched a startup incubator that is already trying to point young companies toward initial public offerings.To get the ball rolling, the incubator is giving 24 startups shared working space in Jak

    March 23, 2017 04:45 pm JST
  • Insurance promises Asia much more than peace of mind

    TOKYO Trinh Pham, a 25-year-old office worker in Ho Chi Minh City, vividly remembers the day she decided to join an insurance program."My colleague suddenly passed away three months ago with colorectal cancer," she said. "I felt so sorry for him and

    March 23, 2017 12:00 pm JST
  • ASEAN finds free trade a tougher sell in today's environment

    SINGAPORE -- People become aware of the divine power of a mantra only when they no longer hear it.People have been hearing world leaders inveigh against protectionism after official meetings for so long that they barely took notice. But the communiq

    March 23, 2017 11:30 am JST
  • Insurance promises Asia much more than peace of mind

    TOKYO Trinh Pham, a 25-year-old office worker in Ho Chi Minh City, vividly remembers the day she decided to join an insurance program."My colleague suddenly passed away three months ago with colorectal cancer," she said. "I felt so sorry for him and

    March 23, 2017 10:00 am JST
  • Company in focus: Sime Darby bets its kingdom is better off in pieces

    KUALA LUMPUR Sime Darby, the world's largest plantation operator and palm oil producer, has hatched a plan to split into three separate listed entities. For starters, the Malaysian state-owned company sees this as a way to promote growth. It also wa

    March 23, 2017 10:00 am JST
  • Necessity is the mother of invention for Asia's insurers

    BANGKOK When Pathom Indarodom crashed his new car into a telephone pole in central Bangkok, he was daunted by the thought of spending days, if not months, filing a claim with his car insurer.But he soon remembered hearing about an app from a friend.

    March 23, 2017 10:00 am JST
  • Insurers help to pay for Asia's infrastructure needs

    BANGKOK A recent $150 million refurbishment of two decades-old geothermal power plants on the Philippine island of Luzon may sound like just another project aimed at overcoming the country's severe electricity shortages. But, for Asia's insurance co

    March 23, 2017 10:00 am JST
  • Microinsurance closes gaps in social safety nets

    TOKYO "I was very worried [about the hospital bill] because my father was in [intensive care] for a long time," said Sheryl Tan, recalling the two painful months leading up to her father's death last year. "So I was relieved when I heard that Medi

    March 23, 2017 10:00 am JST
  • Trump prevails as the G-20 softens its language

    BADEN-BADEN, Germany Finance chiefs from the Group of 20 nations reaffirmed exchange rate commitments and vows to "refrain from competitive devaluations" at their mid-March meeting in Baden-Baden, Germany. Under pressure from the U.S., however, repr

    March 23, 2017 10:00 am JST
  • ASEAN finds free trade a tougher sell in today's environment

    SINGAPORE People become aware of the divine power of a mantra only when they no longer hear it.People have been hearing world leaders inveigh against protectionism after official meetings for so long that they barely took notice. But the communique

    March 23, 2017 10:00 am JST
  • The king gives Saudi Arabia's reform push a helping hand

    TOKYO In his monthlong tour of Asia, Saudi Arabian King Salman bin Abdulaziz succeeded in drumming up significant support for "Vision 2030," the road map for reforming the kingdom's economy and ending its dependence on oil exports by the year 2030.

    March 23, 2017 10:00 am JST
  • Robert A. Manning: Saudi royal tour highlights Asia-Mideast economic nexus

    Saudi King Salman's monthlong tour of Asia highlights the growing economic nexus between the region and the Middle East. The trip had multiple aims that went well beyond oil: In addition to reinforcing religious, political and energy ties with Sunni

    March 23, 2017 10:00 am JST
  • Remember Asia's Manhattan that never was

    Exactly 350 years ago this coming July 31, two of the great maritime powers of the day, England and Holland, struck what turned out to be possibly the world's most one-sided deal. Under the 1667 Treaty of Breda, the Dutch acquired sovereignty over p

    March 23, 2017 10:00 am JST