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  • 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
  • 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
  • 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
  • Indonesia's Kalbe Farma moves into clinical testing

    JAKARTA -- Indonesian pharmaceutical company Kalbe Farma is entering the clinical testing business with two Japanese companies to tap the country's growing demand for prevention of lifestyle-related diseases.The foray marks a further diversification

    January 18, 2018 07:14 pm JST
  • Nikkei Asia300 Index slips after U.S. equities drop from record highs

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged lower on Wednesday, after U.S. equities retreated from record highs overnight and as investors awaited China's fourth-quarter economic data.The Nikkei Asia300 Index fell less than 0.1% to 1,49

    January 17, 2018 08:43 pm JST
  • Nikkei Asia300 Index advances as Chinese insurers rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, paced by mainland insurers and lenders.The Nikkei Asia300 Index rose 1.1% to 1,491.87. Ping An Insurance Group advanced 2.8% after the Chinese insurer said accumulated gross premium in

    January 16, 2018 08:17 pm JST
  • Asian philanthropists can potentially give twice as much as US

    TOKYO -- Thanks to rapid economic growth, personal wealth in Asia is at an all-time high, with more billionaires in the region now than anywhere else in the world. But have charitable donations grown proportionally to the region's wealth? The answer

    January 16, 2018 08:00 am JST
  • Posco's Indonesian unit turns profit for the first time

    SEOUL -- Posco's joint venture in Indonesia achieved its first operating profit after four years of operations, the South Korean steel giant said Monday.Krakatau Posco is 70% owned by Posco, with the rest held by Indonesia's state-run Krakatau Steel

    January 16, 2018 01:38 am JST
  • Indonesian contractor eyes up to $400m from Komodo bonds

    JAKARTA -- Indonesian state-owned contractor Wijaya Karya on Monday said it plans to raise up to $400 million from the overseas issuance of rupiah-denominated bonds, dubbed Komodo bonds, to help fund President Joko Widodo's ambitious infrastructure

    January 15, 2018 11:36 pm JST
  • Nikkei Asia300 Index rises tracking U.S. equity rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan began the week on a positive note, boosted by a weaker dollar and another record high for U.S. indexes.The Nikkei Asia300 Index rose 0.4% to 1,475.43.The advance on the gauge came after U.S. stocks

    January 15, 2018 08:28 pm JST
  • Lauren Compere

    Socially responsible Asian companies are a better bet

    Asia's leading economies were in the grip of the worst financial crisis in decades 20 years ago, with stock markets in the four so-called Tiger economies in freefall. At around the same time, investors elsewhere were taking the first steps to integr

    January 15, 2018 11:30 am JST
  • Ambitious Indonesian farmers put Java back on the coffee map

    PANGALENGAN, Indonesia -- When Wildan Mustofa ventured into the burgeoning specialty coffee market six years ago, he had already built a successful potato farming business on his plantations in the chilly highlands of Bandung, West Java. The new und

    January 13, 2018 06:25 pm JST
  • Nikkei Asia300 Index gains tracking record-high Wall Street

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Friday, buoyed by Wall Street's record highs. Energy companies rose after Brent crude topped $70 a barrel mark.The Nikkei Asia300 Index advanced 1% to 1,469.50 on Friday, helping the gauge

    January 12, 2018 08:15 pm JST
  • Interview

    Lippo Group moves to cash in on Indonesia's cashless society

    JAKARTA -- Indonesian conglomerate Lippo Group will take advantage of its vast customer base of 60 million to strengthen mobile payment services, a promising market where its future may lie.Online shopping and ride-hailing apps have quickly gained c

    January 12, 2018 11:40 am JST
  • Nikkei Asia300 Index declines on Wall Street losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Thursday, tracking overnight losses on Wall Street. Rising U.S. bond yields also damped appetite for Asian assets.The Nikkei Asia300 Index fell 0.4% to 1,455.57.The dollar index dropped, U.

    January 11, 2018 09:01 pm JST
  • Nikkei manufacturers index for ASEAN gives rise to concerns

    HONG KONG ASEAN manufacturers ended 2017 with new orders falling, costs rising, and jobs disappearing -- but remain optimistic for 2018.The Nikkei ASEAN Manufacturing Purchasing Managers' Index, an indicator of business conditions in the manufacturi

    January 11, 2018 10:00 am JST
  • Itochu to buy into hospital manager under Indonesia's Lippo

    TOKYO -- Itochu will invest in a health care management unit of Indonesian conglomerate Lippo Group, looking to broaden its own hospital businesses across Asia.The Japanese trading company will take a roughly 25% stake in OUE Lippo Healthcare for 6.

    January 11, 2018 07:28 am JST
  • Nikkei Asia300 Index falls as Samsung, SK Hynix extend losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Wednesday, as South Korean chipmakers extended losses. Rising global bond yields also damped investor appetite.The Nikkei Asia300 Index dropped 0.5% to 1,461.70. Heavyweight Samsung Electronics

    January 10, 2018 09:28 pm JST
  • Cover story

    Asia's airline wars: The great profit squeeze in the sky

    SINGAPORE/HONG KONG -- On Jan. 3, Singapore Airlines shocked its customers with a plan to charge up to 50 Singapore dollars ($37) just to use a credit card to book its cheapest seats. The reaction was swift and furious. "Disgraceful money grab," wro

    January 10, 2018 03:30 pm JST
  • Nikkei Asia300 Index little changed as Samsung, SK Hynix decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed on Tuesday, as Samsung Electronics fell after its fourth-quarter profit estimate missed analyst forecasts.The Nikkei Asia300 Index closed almost unchanged at 1, 469.53. Samsung

    January 9, 2018 08:17 pm JST