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  • China remains Malaysia's top investment target

    KUALA LUMPUR -- China is the preferred investment destination for Malaysian sovereign fund Khazanah Nasional, thanks to growing bilateral ties and the mushrooming of technology companies there in recent years.While the bulk of its investments throug

    January 23, 2018 12:41 am JST
  • Siam Commercial to shut 750 branches by 2020 but no layoffs

    BANGKOK -- Siam Commercial Bank, the country's third largest bank by assets, plans to close nearly two-thirds of its branches and halve its commercial banking workforce to 1,500 by 2020 as it adopts more digital technologies such as mobile banking a

    January 22, 2018 10:18 pm JST
  • Nikkei Asia300 Index extends gains as U.S. government shutdown leaves no impact

    MUMBAI (NewsRise) -- Asian stocks outside of Japan continued their ascent on Monday, as investors bet the U.S. government shutdown will have little impact on demand for risk assets.The Nikkei Asia300 Index rose 0.7% to 1,512.32, extending last week'

    January 22, 2018 08:46 pm JST
  • China inflows help Hong Kong stocks to another all-time high

    HONG KONG (Nikkei Markets) -- Hong Kong shares ended 0.4% higher, marking gains for the 19th time in 20 days, helped by persistent inflows from mainland China.The benchmark Hang Seng Index closed at 32,393.41 after wavering around Friday's close in

    January 22, 2018 07:15 pm JST
  • Hong Kong stocks waver after record-setting rally

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed by midday on Monday after a choppy morning trading session, as investors paused for a breath after the city's main index climbed to a record high for four straight days.The Hang Seng

    January 22, 2018 02:15 pm JST
  • Google seeks better China relations via Tencent patent deal

    PALO ALTO, U.S./GUANGZHOU -- Alphabet's Google has reached a patent-sharing agreement with Chinese internet giant Tencent Holdings, a move seen as the U.S. search engine behemoth's attempt to mend soured relations with Beijing and regain a stronger

    January 20, 2018 05:59 am JST
  • Nikkei Asia300 advances as Taiwan Semiconductor jumps after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged higher on Friday, helped by gains in index heavyweight Taiwan Semiconductor Manufacturing Co. after better-than-expected fourth-quarter earnings.The Nikkei Asia300 Index rose 0.5% to 1,502.20.

    January 19, 2018 08:28 pm JST
  • Sixth weekly gain sends Hong Kong shares to record highs

    HONG KONG (Nikkei Markets) -- Hong Kong stocks ended higher for a sixth consecutive week on Friday, as investors continued to snap up equities on enduring optimism over China's economy and company earnings. Heavyweight Chinese banks led the charge.T

    January 19, 2018 07:25 pm JST
  • Chinese companies push Hong Kong shares higher

    HONG KONG (Nikkei Markets) -- Hong Kong shares eked out small gains by the noon lunchbreak on Friday, as mainland companies listed in the city extended gains after China's better-than-expected report on economic growth.The Hang Seng Index was up 0.1

    January 19, 2018 02:11 pm JST
  • Woes deepen for China's smaller smartphone makers

    TAIPEI -- The recent struggles of Gionee and LeEco are raising doubts about whether second-tier Chinese smartphone makers can survive slowing domestic demand for handsets.According to reports from Chinese media outlets earlier this week, a Chinese c

    January 19, 2018 11:30 am JST
  • A300 Summit 2018

    Banks, regulators lack skills to cope with pace of fintech innovation

    SINGAPORE -- Both regulators and industry officials lack the right analytical and data skills to cope with the wave of disruption washing over the financial industry, according to the technology officers at leading financial companies at Thursday's

    January 18, 2018 09:18 pm JST
  • Nikkei Asia300 Index advances, buoyed by Wall Street gains, China growth

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, as U.S. indexes continued their record run and China's fourth-quarter economic growth exceeded expectations.The Nikkei Asia300 Index added 0.3% to close at 1,495.46.The S&P 500 Index

    January 18, 2018 09:00 pm JST
  • Beijing's Marriott web ban sends warning to multinationals

    HONG KONG -- China's temporary ban on Marriott International's Chinese websites was a warning to international companies that they must comply with the Communist Party's political agenda if they want to do business in the world's second largest econ

    January 18, 2018 08:39 pm JST
  • Hong Kong stock market hits record on upbeat China data

    HONG KONG (Nikkei Markets) -- Strong fund inflows and a rally by Chinese banks powered Hong Kong's stock index to a fresh record high on Thursday after data showed Asia's largest economy expanded at a faster pace than expected.Government data releas

    January 18, 2018 08:12 pm JST
  • Chinese companies push Hong Kong's Hang Seng Index above 32,000

    HONG KONG (Nikkei Markets) -- Hong Kong's main equity gauge breached the 32,000-point level for the first time on Thursday, as index heavyweights and mainland financial stocks continued to draw investors in a New Year rally that has showed few signs

    January 18, 2018 02:14 pm JST
  • Asia300 Summit 2018

    Japan and Germany stand to gain from 'Industry 4.0'

    SINGAPORE -- Countries with strong manufacturing know-how, including Japan and Germany, have an opportunity to regain their competitive technological edge as big data ushers in the "Industry 4.0," era, Christian Brecher, Director of Germany's Fraunh

    January 18, 2018 01:40 pm JST
  • China's trade surplus with the U.S. is at an all-time high

    BEIJING China's goods trade surplus with the U.S. swelled to an all-time high last year despite Beijing taking steps to rein it in, potentially inflaming an already tense economic relationship.The surplus climbed 10% to $275.8 billion, topping the $

    January 18, 2018 10:00 am JST
  • Asia makes waves at CES 2018 in Las Vegas

    LAS VEGAS, U.S. In terms of ambition and sheer numbers, Asian tech companies were a dominant force at this year's CES in Las Vegas, where artificial intelligence, autonomous vehicles and other cutting-edge technology took center stage.Founded as the

    January 18, 2018 10:00 am JST
  • SAIC aims to take a bite out of Japan's car dominance in ASEAN

    BANGKOK SAIC Motor has opened a major vehicle factory in Thailand, a first for a big Chinese automaker, seeking to stake a claim in a Japanese-dominated market as well as export to other Southeast Asian countries.SAIC Motor-CP, a joint venture with

    January 18, 2018 10:00 am JST
  • The Philippines' new antitrust watchdog flexes its muscles

    MANILA The retail arm of SM Investments, the Philippines' most valuable conglomerate, has finally won regulatory approval to acquire a leading local bakery chain, but only after a lengthy review -- a sign that the country's new antitrust watchdog is

    January 18, 2018 10:00 am JST