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  • 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
  • World Bank says trade, manufacturing to boost 2017 global growth

    WASHINGTON (Reuters) -- The World Bank on Sunday maintained its forecast that global growth will improve to 2.7 percent this year, citing a pickup in manufacturing and trade, improved market confidence and a recovery in commodity prices.The update o

    June 5, 2017 09:10 am 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
  • Shangri-La Dialogue focuses on terrorism in SE Asia

    SINGAPORE -- In the wake of the Manchester and London attacks, pipe bombs in Bangkok, suicide bombings in Jakarta, and a besieged city in the southern Philippines, Southeast Asian nations harbor few doubts about the likelihood of more terrorism ahea

    June 4, 2017 09:13 pm JST
  • Company in focus

    Salim returns to banking to gain control of Indonesia's digital economy

    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 purp

    June 4, 2017 12:00 pm JST
  • Asia ramps up military spending as old order shakes

    SYDNEY -- Amid a sense that the post-1945 world strategic order is being shaken, governments across the Asia-Pacific region are building up defense forces and industrial back-up for possible future conflict, while struggling to cope with asymmetric

    June 3, 2017 05:23 am JST
  • Southeast Asia's new-car sales climb 4% in April

    BANGKOK -- New-car sales in Southeast Asia rose 4% to 256,647 units in April for a sixth consecutive month of year-on-year increases, despite a slower pace of gains than in February and March.Thailand saw the biggest jump, as the region's second-lar

    June 3, 2017 04:56 am JST
  • Nickel sinks to 11-month low on dimmer China outlook

    TOKYO/HONG KONG -- Nickel prices have touched an 11-month low, hit by concerns about oversupply in producing countries coupled with economic warning signs in China, the No. 1 importer.The benchmark three-month contracts on the London Metal Exchange,

    June 2, 2017 03:08 pm JST
  • Indonesia manufacturing PMI falls to 50.6 in May

    TOKYO -- The Nikkei Indonesia Manufacturing Purchasing Managers' Index, or PMI, fell to 50.6 in May from a 10-month high of 51.2 in April.A reading above 50 indicates economic expansion, while one below 50 points toward contraction."Although the Ind

    June 2, 2017 09:30 am JST
  • ASEAN PMI falls to 50.5 in May

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, fell to 50.5 in May from 51.1 in April.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction.Latest data indicated that only fo

    June 2, 2017 09:30 am JST
  • Southeast Asia tends to defenses in South China Sea

    HANOI -- With Vietnam welcoming foreign warships to a key port and the Philippines building on a disputed island, Southeast Asian nations are working to reinforce their South China Sea claims in the face of an increasingly assertive Beijing.Japan's

    June 2, 2017 06:03 am JST
  • Chinese automakers launch a global offensive via emerging Asia

    BANGKOK -- To get an idea of just how dramatically Asia's auto industry is changing, one need only look at Southeast Asia and India, where Chinese newcomers are looking to make inroads even as traditional heavyweights bow out.Take the recent surpris

    June 1, 2017 01:30 pm JST
  • ASEAN exports and consumption are up, but for how long?

    SINGAPORE/MANILA One weekend in late May, car dealerships in Singapore's Queenstown were packed with families and middle-aged couples hunting for new cars. Brochures in hand, a 50-year-old businessman had been visiting showrooms of upscale brands su

    June 1, 2017 10:00 am JST