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  • Sime Darby flags risk on luxury property projects nod freeze

    KUALA LUMPUR (NikkeiMarkets) -- Malaysian conglomerate Sime Darby expects a government decision to freeze approvals on luxury property projects will affect some of its developments that are pending clearances, the managing director of the property d

    November 20, 2017 09:09 pm JST
  • Nikkei Asia300 Index gains as Tencent rises to record

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Monday, as index heavyweight Tencent Holdings hit another record high and Thailand economy's expanded at the fastest pace in more than four years.The Nikkei Asia300 Index added 0.2% to close at

    November 20, 2017 08:55 pm JST
  • Banking stocks drag Malaysian equities lower, Singapore shares post marginal gains

    KUALA LUMPUR (Nikkei Markets) -- Malaysian stocks swung to losses on Monday, dragged by banks ahead of their earnings. Singapore shares edged higher as the bullish outlook for the domestic economy outweighed negative cues from China and Europe.The B

    November 20, 2017 08:14 pm JST
  • China, ASEAN still far from South China Sea code of conduct

    MANILA -- The leaders of China and the 10-member Association of Southeast Asian Nations (ASEAN) have formally endorsed the framework adopted by their foreign ministers in August for a code of conduct (COC) to handle overlapping territorial claims in

    November 17, 2017 11:59 pm JST
  • Malaysia warns of growing imbalance in property market

    KUALA LUMPUR (Nikkei Markets) -- Malaysian authorities warned a worsening imbalance in the country's property market could pose a risk to the wider economy as unsold residential units touch record-high levels, and a supply glut in commercial assets

    November 17, 2017 09:23 pm JST
  • Singapore, Malaysia shares post weekly losses

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares declined this week, hurt by losses in heavyweight Singapore Telecommunications and lenders. Malaysian stocks suffered their worst weekly fall this year amid foreign fund outflows.Singapore's Straits

    November 17, 2017 08:12 pm JST
  • Nikkei Asia300 Index gains on U.S. cues, India rating upgrade

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Friday, supported by positive U.S. cues and upgrade of India's credit rating by Moody's Investors Service.The Nikkei Asia300 Index advanced 0.9% to 1,392.98. For the week, the gauge added 0

    November 17, 2017 08:09 pm JST
  • Malaysia's economic growth races to 6.2%

    KUALA LUMPUR -- Malaysia's gross domestic product grew 6.2% in the July to September quarter from a year earlier, driven by private-sector investment and stronger exports, the central bank said on Friday.The economy grew at its fastest pace in three

    November 17, 2017 06:27 pm JST
  • Malaysia's CIMB fills 'missing link' with Philippine bank license

    KUALA LUMPUR -- CIMB Group Holdings has received approval to open a branch in the Philippines, giving the Malaysian lender a presence across the entire Association of Southeast Asian Nations bloc.This is the first time the Monetary Board of the Bang

    November 17, 2017 05:57 pm JST
  • Deborah Elms

    The revised TPP is still a big deal

    The Trans-Pacific Partnership trade agreement is moving forward once again. With the endorsement of the leaders of 11 countries, the deal could come into force as soon as next year.This is not quite the same TPP deal that was in place a year ago. Th

    November 17, 2017 07:00 am JST
  • Singapore's ban on North Korea trade highlights tougher line

    SINGAPORE -- Singapore's recent ban on all commercial trade with North Korea, as the international community seeks to cool leader Kim Jong Un's nuclear ambitions. The move is in line with the increasingly tough steps that other Southeast Asian natio

    November 16, 2017 11:44 pm JST
  • Nikkei Asia300 Index gains as Tencent rises after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Thursday, as Tencent Holdings paced a rally in technology shares after upbeat third-quarter earnings.The Nikkei Asia300 Index rose 0.8% to 1,380.25.Index heavyweight Tencent advanced 2.3% a

    November 16, 2017 08:28 pm JST
  • Sime Darby's first quarter net profit nearly triples on year

    KUALA LUMPUR (Nikkei Markets) -- Sime Darby, the world's largest palm oil producer by acreage, said Thursday its net profit nearly tripled in the fiscal first quarter thanks to higher crop output and one-off gains from stake sales.Net profit for the

    November 16, 2017 08:20 pm JST
  • Singapore, Malaysia stocks fall after Wall Street selloff

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares fell to three-week lows and Malaysian equities hit their lowest in eight months, tracking overnight losses on Wall Street.Global risk appetite has wobbled in recent sessions amid uncertainties over U

    November 16, 2017 08:11 pm JST
  • Sapura Energy wins $352m in contracts in Malaysia and Brazil

    KUALA LUMPUR -- Sapura Energy, a Malaysian oil and gas services provider, has won engineering contracts worth 1.47 billion ringgit ($352 million) in its home market and Brazil, raising the value of the company's order book to around 15 billion ringg

    November 16, 2017 04:31 pm JST
  • The TPP 11 rekindle multilateral trade hopes as Trump looks on

    DANANG, Vietnam When Japanese Minister of Economic Revitalization Toshimitsu Motegi walked into the press briefing room at the International Media Center in Danang on Nov. 11, his expression told many stories. One of them was of fatigue, as was to b

    November 16, 2017 10:00 am JST
  • Duterte says the South China Sea dispute is better left untouched

    MANILA Following bilateral talks with Chinese President Xi Jinping the previous day, Philippine President Rodrigo Duterte said on Nov. 12 that a territorial dispute in the South China Sea between China and five Asian countries, including the Philipp

    November 16, 2017 10:00 am JST
  • Can an 'America first' approach restore US leadership in Asia?

    DANANG, Vietnam U.S. President Donald Trump has made it clear -- finally -- that America intends to stay involved in the Asia-Pacific region. What is far less certain is whether bilateral deals that put "America first" will be enough to curb China's

    November 16, 2017 10:00 am JST
  • The TPP aims to be a template for 21st-century trade deals

    SINGAPORE There is an invisible territorial struggle going on in East Asia.It is a battle not only to achieve freer trade of goods and investment but also to counter protectionist forces seeking to bring digital information under the control of thei

    November 16, 2017 10:00 am JST
  • Uniqlo aims for just local enough

    Uniqlo operator Fast Retailing is planning to expand its lineup of localized products without sacrificing its globally recognized identity."We will offer more variations [in our items] to meet our customers' growing need for modest clothing," Fast R

    November 16, 2017 10:00 am JST