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  • FT Confidential Research

    Asia DataView: Chinese and Indonesians confident even as ratings diverge

    In the past month, Moody's has lowered its credit rating for China, and Standard & Poor's has raised its rating for Indonesia.Yet while the credit profiles of two of Asia's biggest economies are diverging, economic sentiment among consumers in the t

    June 8, 2017 01:28 pm JST
  • Company in focus: E-commerce lures Salim Group back to banking after two decades

    JAKARTA Anthoni Salim, the billionaire tycoon at the helm of Indonesia's largest conglomerate, playfully dodged journalists' questions about the group's return to the banking industry after nearly two decades. Still, he did not play down his purpose

    June 8, 2017 10:00 am JST
  • Indonesia's auto industry looks Down Under for an export boost

    BANDUNG, Indonesia When Indonesian President Joko Widodo met Toyota Indonesia's then-Vice President Warih Andang Tjahjono recently, one of the main topics of discussion was the country's export potential, with Widodo urging the carmaker to ship more

    June 8, 2017 10:00 am 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 wi

    June 8, 2017 10:00 am JST
  • Aeon to double indoor theme parks in Asia

    TOKYO -- Japanese retailer Aeon will speed the expansion of indoor theme parks in Asia as it targets growth in the region's entertainment sector amid stiffer local retail competition.Over the next three years, Aeon seeks to double the number of loca

    June 8, 2017 05:38 am JST
  • 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
  • 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
  • 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
  • Japan reaches out to devout travelers with religious accommodations

    TOKYO -- A prayer room opened in Tokyo Station on Monday, the latest effort by Japan to attract more Muslims, Buddhists and other religiously observant tourists from Asia.The 8-sq.-meter space is located in the station's travel service center. The s

    June 6, 2017 10:47 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
  • The Future of Asia 2017

    Beware of robots, says Indonesian Vice President Kalla

    TOKYO -- Sophisticated automation technology, such as robotics, could spell disaster for the world economy, Indonesian Vice President Jusuf Kalla said at a forum in Tokyo on Monday."If advanced economies decide to use robots and automation technolog

    June 6, 2017 08:00 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
  • Southeast Asian car production on the decline

    BANGKOK -- Southeast Asia's car output is falling, as new car sales in the region in April grew at a slower pace than in previous months.New-car sales rose 4% in April, decelerating from the double-digit growth seen in February and March.Output, mea

    June 6, 2017 03:24 am JST
  • The Future of Asia 2017

    Indonesia has 'lost interest' in TPP without US, vice president says

    TOKYO -- Indonesia has lost its motivation to join the Trans-Pacific Partnership, due to the U.S. withdrawal from the trade pact, the Southeast Asian country's vice president told the Nikkei Asian Review in an interview on Monday."The allure of the

    June 5, 2017 06:38 pm JST
  • 7-Eleven operator cancels sale to CP Indonesia

    JAKARTA -- Charoen Pokphand Indonesia's one trillion rupiah ($75 million) bid to acquire the operator of 7-Eleven convenience stores in Indonesia has been canceled, leaving the struggling retailer in limbo once again.In a stock exchange filing on M

    June 5, 2017 05:12 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