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  • Public Bank aims higher loan growth this year

    KUALA LUMPUR (Nikkei Markets) -- Public Bank, Malaysia's third-largest bank by assets, said it is targeting faster total loan growth on the back of robust economic expansion although net return on equity could dip slightly this year.Gross loan growt

    March 22, 2018 10:36 pm JST
  • Nikkei Asia300 Index declines as Tencent falls after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Thursday, as losses in heavyweight Tencent Holdings wiped off earlier gains after the U.S. Federal Reserve stuck to its interest rate projections for 2018.The Nikkei Asia300 Index fell 0.8% to

    March 22, 2018 10:03 pm JST
  • Malaysia shares rise, Singapore equities fall after Fed outcome

    KUALA LUMPUR (Nikkei Markets) -- Malaysia shares rose Thursday while Singapore equities declined after the U.S. Federal Reserve officials continued to see three rate hikes this year, but forecast a faster pace of increases thereafter.Malaysia's FBM

    March 22, 2018 08:41 pm JST
  • New Asian importers shaking up world LNG market

    TOKYO -- The Asian market for liquid natural gas is being transformed as Thailand, Pakistan and others join the ranks of importers and consumption grows rapidly in China and India, resulting in a fundamental shift in a market that had long been domi

    March 22, 2018 03:45 pm JST
  • Shetty and Testaverde

    Southeast Asia needs better labor migration policies

    One of the many signs of growing economic integration in Southeast Asia is a surge in labor migration.While not as high as migration flows elsewhere in the world, the number of people in the 10 member countries of the Association of Southeast Asian

    March 22, 2018 07:00 am JST
  • Malaysia shares rise, Singapore equities steady ahead of Fed rate decision

    KUALA LUMPUR (Nikkei Markets) -- Malaysia shares advanced Wednesday, helped by gains in banks ahead of the U.S. Federal Reserve's monetary policy decision. Singapore stocks ended little changed.Malaysia's FBM KLCI index rose for the fourth day, addi

    March 21, 2018 07:56 pm JST
  • Malaysia's February inflation rate eases, lags view

    KUALA LUMPUR (Nikkei Markets) - Malaysia's consumer inflation rose at a slower-than-expected pace in February as a decline in fuel cost cushioned higher food and non-alcoholic beverages prices, official data Wednesday showed.The consumer price index

    March 21, 2018 07:40 pm JST
  • Exclusive

    AirAsia had talks with cash-strapped HNA over asset purchases

    HONG KONG -- AirAsia discussed possible acquisitions from debt-laden Chinese hospitality conglomerate HNA Group, the founder and CEO of one of the region's largest budget airlines said Tuesday.Tony Fernandes said he met HNA co-founder and Chairman W

    March 20, 2018 09:44 pm JST
  • Nikkei Asia300 Index falls tracking US stock losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged lower on Tuesday after U.S. indexes plunged overnight, paced by losses in technology companies.The Nikkei Asia300 Index fell 0.1% to 1,466.04. Ayala Corp. tumbled 7.2%. IFR, a Thompson Reuters

    March 20, 2018 08:49 pm JST
  • Singapore, Malaysia stocks rebound as banks advance

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia rose Tuesday, rebounding from losses following the biggest decline in U.S. indexes in more than a month.Singapore's Straits Times Index advanced 0.4% to 3,513.31, paced by lenders. Ma

    March 20, 2018 08:02 pm JST
  • Richard Heydarian

    Australia right to huddle closer to Southeast Asia

    By the standards of global diplomacy, Australia's decision to host its first-ever summit with the Association of Southeast Asian Nations last weekend is hardly epoch-making.But in its modest way, it is a signal of how the great powers are changing t

    March 20, 2018 02:30 pm JST
  • Most SE Asian companies plan divestments over next 24 months

    SINGAPORE -- There is a strong intention among Southeast Asian companies to divest parts of their businesses, with rapid technological developments putting pressure on them to change existing business models in order to remain competitive, according

    March 19, 2018 09:47 pm JST
  • Nikkei Asia300 Index edges lower as Samsung, LG decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Monday, led by shares of display suppliers after a report that Apple is developing its own screen display technology. South Korean car makers also declined.The Nikkei Asia300 Index declined 0.4

    March 19, 2018 08:34 pm JST
  • Malaysia shares rise, Singapore equities decline ahead of Fed meet

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares edged higher while Singapore equities posted losses to mark the beginning of the week that will provide more cues on outlook for U.S. interest rates.Malaysia's FBM KLCI index rose 0.1% to 1,847.94, w

    March 19, 2018 08:16 pm JST
  • Hong Leong Financial hopes at least 10% net profit growth

    KUALA LUMPUR (Nikkei Markets) -- Hong Leong Financial Group, the financial services arm of Malaysian tycoon Quek Leng Chan, is pushing to expand loan book, wealth management, and insurance to drive growth, its top officials said.The company is hopin

    March 19, 2018 04:55 pm JST
  • Australian and ASEAN pursue maritime code of conduct

    SYDNEY -- Southeast Asian leaders urged adoption of a code of conduct for the South China Sea at the end of a special summit hosted by Australia, sending a message meant to be heard in China.The two-day meeting of the Association of Southeast Asian

    March 19, 2018 01:37 am JST
  • Australia to fund project to prepare ASEAN cities for massive growth

    SYDNEY (Kyodo) -- Australia announced Sunday it will provide A$30 million (US$23.15 million) to finance a "Smart Cities" initiative to help urban centers throughout Southeast Asia cope with explosive growth.In a statement released on the last day of

    March 18, 2018 09:56 pm JST
  • Southeast Asia says gravely concerned about North Korea weapons

    SYDNEY (Reuters) -- The Association of Southeast Asian Nations and Australia said on Sunday they held "grave concerns" about escalating tensions caused by North Korea's nuclear and missile programmes."We strongly urge the DPRK to immediately and ful

    March 18, 2018 03:32 pm JST
  • Japan's import prices for daily goods sink further

    TOKYO -- Import prices for apparel and daily goods in Japan plunged last year, as growing labor costs in China push companies to automate or move production to Southeast Asia.The price of imported clothing fell by 1.7%, the sharpest drop since a 2.1

    March 18, 2018 02:08 pm JST
  • Nikkei Asia300 Index falls amid U.S. political uncertainty

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday amid more U.S. political uncertainty and one more report of President Donald Trump preparing to impose tariffs on China.The Nikkei Asia300 Index declined 0.5% to 1,473.18.Concerns over U

    March 16, 2018 08:43 pm JST