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  • Export growth brings currency headaches for Asia

    SINGAPORE/MUMBAI Pasir Panjang, a port in southern Singapore, is bustling with activity. Total container throughput in August rose 9.9% on the year to 2.94 million TEUs (twenty-foot equivalent units), according to the Maritime and Port Authority of

    September 21, 2017 10:00 am JST
  • Chinese makers offer Asia what Apple doesn't: Affordability

    BANGKOK On a recent Saturday morning, the MBK Center, a regional mecca for electronic gadgets in the heart of the Thai capital, was crowded with young technology buffs. Just days earlier, Apple had unveiled its iPhone X, but despite the worldwide bu

    September 21, 2017 10:00 am JST
  • Humphrey Hawksley: UN-led labor rights are under threat around the world

    Six years ago, the United Nations published its first set of corporate governance standards aimed at curbing human rights abuses in international supply chains. On Sept. 21, the U.N. Global Compact Leaders Summit in New York, bringing together leade

    September 21, 2017 10:00 am JST
  • Richard Heydarian: ASEAN can act as a bridge for the two Koreas

    The Association of Southeast Asian Nations could play an effective role in easing tensions over North Korea's nuclear and missile program because of its ties with both Koreas.North Korea appears well on its way to becoming a nuclear power. As the wo

    September 21, 2017 10:00 am JST
  • Malaysia August retail inflation rate tops view with 3.7% on-year rise

    KUALA LUMPUR (Nikkei Markets) - Malaysia's consumer prices rose at a faster-than-expected pace in August driven mostly by costlier fuel and food, and still economists don't expect the central bank to tighten policy interest rate anytime soon as infl

    September 20, 2017 08:20 pm JST
  • Mitsubishi UFJ Financial Group exits CIMB Group

    KUALA LUMPUR (Nikkei Markets) - Mitsubishi UFJ Financial Group as part of a group-wide review of investments in affiliates sold its entire 4.6% stake held in CIMB Group Holdings, Malaysia's second-largest lender by assets for 2.56 billion ringgit ($

    September 20, 2017 07:28 pm JST
  • Myanmar's neighbors cold-shoulder Suu Kyi's address

    KUALA LUMPUR -- Asian countries have continued to call on Myanmar to take immediate action to resolve the Rohingya refugee crisis. Their demand came after Myanmar's de facto leader Aung San Suu Kyi's speech on Tuesday, in which she promised to re-ad

    September 20, 2017 06:24 pm JST
  • North Korea makes friendly gesture to Malaysia prince amid strained ties

    KUALA LUMPUR (Kyodo) -- North Korea has extended extraordinary privileges to the crown prince of Malaysia's southern Johor state, such as full access to its airspace to visit Pyongyang at any time, despite strained ties between the two countries.The

    September 20, 2017 02:50 pm JST
  • Chinese bike-share operators making tracks for Southeast Asia

    SINGAPORE/BANGKOK -- Chinese bike-sharing startups Mobike and Ofo are expanding to several Southeast Asian countries, betting that the push by local governments to encourage cycling will overcome the region's structural barriers against the mode of

    September 20, 2017 10:30 am JST
  • Mitsubishi Motors to resume Russian output of Pajero Sport

    TOKYO -- Mitsubishi Motors said Tuesday it will resume producing the Pajero Sport in Russia, beginning in November. The Japanese automaker halted production of the sport utility vehicle in 2015 during a downturn in the Russian economy. But now that

    September 20, 2017 03:40 am JST
  • Malaysian telecom tower operator ups ante in South Asia

    KUALA LUMPUR -- Telecommunications tower operator edotco Group sees potential in less developed markets in South and Southeast Asia and is targeting countries with low mobile penetration.The group is seeking growth by strengthening its foothold in t

    September 19, 2017 10:28 pm JST
  • Export growth brings currency headaches for Asia

    SINGAPORE/MUMBAI -- Pasir Panjang, a port in southern Singapore, is bustling with activity. Total container throughput in August rose 9.9% on the year to 2.94 million TEUs (twenty-foot equivalent units), according to the Maritime and Port Authority

    September 19, 2017 12:05 pm JST
  • ASEAN seeks strong Japanese presence in Asia to counter China

    TOKYO -- Japanese Prime Minister Shinzo Abe on Thursday met his Indian counterpart Narendra Modi -- his closest political friend in Asia -- for the tenth time. The two, both conservative politicians, became good friends about a decade ago, when Modi

    September 19, 2017 08:15 am JST
  • Mahathir grilled in court over foreign exchange losses in 1990s

    PUTRAJAYA, Malaysia -- Mahathir Mohamad denied on Monday any knowledge of billion-dollar losing bets placed by Malaysia's central bank in the early 1990s.The former prime minister was testifying as a witness during a royal commission of inquiry into

    September 18, 2017 11:59 pm JST
  • Asia foreshadows rise of Chinese smartphones as iPhone X unveiled

    BANGKOK -- On Saturday morning the MBK Center, a regional electronic gadget Mecca in the heart of the Thai capital, was crowded with young technology buffs after the unveiling of the iPhone X, the latest smartphone model from Apple. Yet despite the

    September 18, 2017 01:00 pm JST
  • AirAsia to float Philippine unit for $250 million in 2018

    KUALA LUMPUR/MANILA -- AirAsia, Southeast Asia's largest budget airline by fleet size, plans to raise up to $250 million in an initial public offering of Philippines AirAsia, "as soon as possible" in 2018, its transaction adviser told the Nikkei Asi

    September 15, 2017 08:20 pm JST
  • Malaysian state-run money managers aim to invest more abroad

    KUALA LUMPUR (Nikkei Markets) - Malaysia's two largest state-run money managers aim to invest more in foreign assets including those in the U.S. as part of their long-term diversification program and generate higher returns.Employees Provident Fund,

    September 15, 2017 07:45 pm JST
  • US needs to shift North Korea policy to deterrence: expert

    SINGAPORE -- The latest sanctions on North Korea agreed at the United Nations Security Council are important, but not sufficient to stop Kim Jong Un's ambition to make his country a nuclear-armed state, a prominent political expert said in an interv

    September 15, 2017 04:46 pm JST
  • Astro Malaysia's quarterly earnings nearly doubles on year

    KUALA LUMPUR (Nikkei Markets) - Pay-television operator Astro Malaysia Holdings said Thursday its net profit nearly-doubled on year in the fiscal second quarter thanks largely to lower content costs and unrealized foreign exchange gain.Net profit fo

    September 14, 2017 08:38 pm JST
  • Malaysia, US pledge closer collaboration in Asia Pacific

    KUALA LUMPUR -- Malaysia and the U.S. have agreed to strengthen ties through trade and security cooperation in the Asia Pacific region. In a joint statement issued Wednesday, a day after a bilateral meeting between Prime Minister Najib Razak and Pr

    September 14, 2017 12:58 pm JST