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  • Keppel Land expansion

    Singapore developer looks to grow property empire in Asia

    SINGAPORE -- Singapore's Keppel Land, a real estate developer and a subsidiary of Keppel Corp., is acquiring a 75% stake in retail management company Array Real Estate. Through the acquisition, Keppel Land will work with Array to expand its portfoli

    December 19, 2014 05:00 pm JST
  • Taiwan economy

    Central bank holds interest rate

    TAIPEI -- As expected, Taiwan's central bank left the benchmark interest rate untouched at 1.875% on Thursday for a 14th consecutive quarter. A few hours after the U.S. Federal Reserve signaled its intention to raise interest rates in 2015, Ta

    December 18, 2014 11:00 pm JST
  • Rizal share sale

    Taiwan's Cathay Financial buys 20% stake in Philippine lender

    MANILA -- Taiwan's Cathay Financial Holding has purchased a 20% interest in Rizal Commercial Banking (RCBC) for 17.92 billion Philippine pesos ($402 million). The transaction was made through subsidiary Cathay Life Insurance, which bought 280 mi

    December 18, 2014 07:05 pm JST
  • SGX forging regional links

    Singapore bourse out to cement Asian trading hub status

    SINGAPORE -- Singapore Exchange is already home to Southeast Asia's largest equity and futures markets, but it has even loftier aspirations: SGX dreams of becoming a true pan-Asian bourse where investors can trade shares from markets across the regi

    December 18, 2014 12:00 am JST
  • Uber in Asia:

    Regulators chase the car-hailing venture

    KUALA LUMPUR/NEW DELHI/BANGKOK -- Uber Technologies kicks up a storm just about everywhere it takes its smartphone-based ride-hailing service. Having run afoul of regulators and incurred the wrath of old-guard taxi companies in the U.S. and Europe,

    December 18, 2014 12:00 am JST
  • Frederic Neumann: Asia does not have a dollar problem

    After a few false starts in recent years, the greenback is embarking on a relentless climb. Major swings in exchange rates force investors to reassess their positions, not just tactically but strategically. Global finance is thus in for a turbul

    December 18, 2014 12:00 am JST
  • SGX out to cement Asian trading hub status via partnerships

    SINGAPORE -- Singapore Exchange is already home to Southeast Asia's largest equity and futures markets, but it has even loftier aspirations: SGX dreams of becoming a true pan-Asian bourse where investors can trade shares from markets across the regi

    December 18, 2014 12:00 am JST
  • Uber in Asia: Regulators chase the car-hailing venture

    KUALA LUMPUR/NEW DELHI/BANGKOK -- Uber Technologies kicks up a storm just about everywhere it takes its smartphone-based ride-hailing service. Having run afoul of regulators and incurred the wrath of old-guard taxi companies in the U.S. and Europe,

    December 18, 2014 12:00 am JST
  • Conveyor-belt sushi

    Japanese chain has big plans for Asia, US

    OSAKA -- Sushi lovers in the U.S. and Asia can expect dishes to rotate their way soon, as Kura, the operator of Japan's third-largest chain of carousel-style sushi restaurants, speeds up store openings overseas. Kura will open its first store in

    December 16, 2014 07:09 am JST
  • Alibaba in Taipei

    Ma offers to fund Taiwanese start-ups in China

    TAIPEI -- Jack Ma, the founder and executive chairman of China's e-commerce giant Alibaba Group, said on Monday that he wants his company to help young Taiwanese entrepreneurs establish businesses in China. "If opportunities allow, I want to set

    December 15, 2014 10:02 pm JST
  • UN talks agree building blocks for new-style climate deal in 2015

    LIMA (Reuters) -- About 190 nations agreed on Sunday the building blocks of a new-style global deal due in 2015 to combat climate change amid warnings that far tougher action will be needed to limit increases in global temperatures. Under the de

    December 14, 2014 06:18 pm JST
  • Asia steel crossroads

    Increased controls, competition spell trouble for Japan producers

    TOKYO -- Anti-dumping measures, bolstered quality controls and the advances of Chinese manufacturers are creating a tough climate for Japanese steelmakers. Australia conducted anti-dumping investigations for H-beams and other imported steel prod

    December 12, 2014 02:32 am JST
  • Taiwanese voters give Beijing a wake-up call

    Taiwanese President Ma Ying-jeou's ruling Kuomintang suffered a crushing defeat in key municipal elections on Nov. 29, forcing Ma to step down as the party's chairman. Though Ma still has about 18 months before his presidential term ends, his power

    December 11, 2014 12:00 am JST
  • Gary Schmitt: A tale of two leaders and two elections

    Taiwan's President Ma Ying-jeou and U.S. President Barack Obama, heading into nationwide elections in their respective countries in November, both faced low approval ratings. On the eve of the U.S. midterm elections, Obama's approval rating was the

    December 11, 2014 12:00 am JST
  • China-Taiwan relations

    Beijing says bilateral talks should proceed

    TAIPEI -- A senior official from China said on Tuesday that Taipei and Beijing should expedite talks on various trade agreements because deeper bilateral relations benefit both sides. Chen Deming, the president of China's Association for Relatio

    December 9, 2014 11:55 pm JST
  • Smartphone chips

    Taiwan's MediaTek to more than triple shipments

    TAIPEI -- Taiwanese chipmaker MediaTek plans to ship more than 100 million chips for 4G (fourth-generation) smartphones in 2015, more than three times its projected shipments for this year. MediaTek President Hsieh Ching-jiang revealed the plan

    December 9, 2014 07:20 am JST
  • Frederic Neumann

    Asia does not have a dollar problem

    It is finally happening. After a few false starts in recent years, the greenback is embarking on a relentless climb. This is bound to rattle markets. Major swings in exchange rates force investors to reassess their positions, not just tactically

    December 8, 2014 07:00 pm JST
  • Asus handset sales strong

    Taiwan smartphone maker aims to break into to global top 10

    TAIPEI -- Taiwan's Asustek Computer is trying to wean itself off the computer business and become a top 10 smartphone maker, but the company faces an uphill battle as competition with Chinese players heats up. Sales of Asus' ZenFone smartphone,

    December 8, 2014 07:00 pm JST
  • House Foods' curry strategy

    Plan to double eateries in Asia aimed at spurring roux sales, too

    TOKYO -- Japan's House Foods Group is on an Asian expansion kick. Its goal: double the total number of CoCo Ichibanya curry restaurants it runs in China, Taiwan and South Korea to about 200 by the end of 2017. Beyond that, the company hopes the

    December 8, 2014 07:00 am JST
  • Markets solid on US high

    Shanghai leads day of strong trading in Asia

    SINGAPORE -- Key stock indexes across Asia remained solid Thursday, as investors reacted favorably to the Dow Jones Industrial Average's record high the previous day. Shanghai stocks gained more than 4% Thursday, with the benchmark Shanghai Comp

    December 5, 2014 12:08 pm JST