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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
  • Formosa Plastics steel venture in Vietnam set to double capacity

    TOKYO -- A Vietnamese joint steel venture led by Taiwan's Formosa Plastics Group that includes Japan's JFE Holdings will open a second blast furnace this summer, doubling its potential crude output in a steel-hungry region.Formosa Ha Tinh Steel oper

    January 22, 2018 05:23 am JST
  • Vietnam corruption trial overshadows Petro IPOs

    HANOI -- A corruption trial is captivating Vietnam and raising investor eyebrows, with the government risking tarnishing the image of state enterprises just as it takes some of them public. To some, the proceedings are reminiscent of the political t

    January 21, 2018 10:52 pm JST
  • Vietnam's Nutifood takes aim at US market with baby formula

    HO CHI MINH CITY -- Nutifood, Vietnam's leading private diary company, on Thursday signed a contract with an American distributor to sell its Pedia Plus infant formula line in the U.S., in an effort to tap one of the world's most challenging markets

    January 20, 2018 01:33 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
  • Thailand's PTT, Shell chase 49% of Vietnamese distributor PV Oil

    HO CHI MINH CITY -- PetroVietnam Oil, the distribution arm of Vietnam National Oil and Gas Group, is to debut 20% of its outstanding shares on the Ho Chi Minh City Stock Exchange on Jan. 25, with Anglo-Dutch concern Shell and Thailand's PTT among po

    January 19, 2018 01:06 am 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
  • 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
  • China's JD.com takes major stake in Vietnam's Tiki

    HONG KONG (Nikkei Markets) -- China's JD.com said it has co-led an investment in Vietnamese ecommerce company Tiki, as the Chinese online retailer seeks to boost its presence in Southeast Asian markets amid growing competition.The company didn't dis

    January 16, 2018 03:57 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
  • 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
  • Vietnam to work with Mitsubishi Motors on electric vehicle R&D

    HANOI -- Vietnam is set to partner with Mitsubishi Motors on research and development of electric vehicles. The country is looking for help nurturing its auto industry, while the Japanese company hopes to gain a slice of the nation's market for envi

    January 15, 2018 01:14 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
  • ThaiBev-owned Saigon Beer seeks 50% market share in Vietnam

    HO CHI MINH CITY -- Vietnam's largest brewer, Sabeco, will aim to grow its share of the home market from around 40% to 50% on the strength of new owner Thai Beverage's retail network, executives from the Thai company said Friday.Saigon Beer Alcohol

    January 13, 2018 05:13 am 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
  • 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
  • Hanoi debuting scandal-plagued SOEs with executives in court

    HO CHI MINH CITY -- Vietnam National Oil and Gas Group (PetroVietnam or PVN) is sending three subsidiaries to market this month with initial public offerings (IPOs) that coincide with corruption trials involving former senior officials.The hearings

    January 11, 2018 07:38 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
  • CEO in the news: Thailand's M&A king lives up to his reputation with Saigon Beer deal

    BANGKOK With deep pockets from his extensive beverage and property businesses, Charoen Sirivadhanabhakdi, the self-made billionaire behind popular Thai beer Chang, is widely regarded as Thailand's king of mergers and acquisitions.He confirmed that r

    January 11, 2018 10:00 am JST