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  • Hong Kong Disneyland reports losses doubled in 2017

    HONG KONG -- Hong Kong Disneyland Resort reported on Tuesday that its losses more than doubled to HK$345 million ($44.1 million) for fiscal 2017 ended in September, dragging the resort further into the red for the third straight year.During fiscal 2

    February 20, 2018 10:19 pm JST
  • Nikkei Asia300 Index falls, dragged by Chinese banks, Singapore property developers

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Tuesday, as Chinese lenders pulled back and Singapore property developers slipped after an increase in taxes for buyers of high-value homes.The Nikkei Asia300 Index fell 0.3% to 1,441.72. S

    February 20, 2018 08:57 pm JST
  • Strong ringgit raises appeal of select auto, telecom shares

    KUALA LUMPUR (Nikkei Markets) -- Shares of select Malaysian auto assemblers and telecom companies are likely to extend gains on the back of a strengthening ringgit that has turned key imported inputs cheaper, bolstering earnings prospects of select

    February 20, 2018 08:14 pm JST
  • Singapore stocks decline as higher levies damp real-estate developers

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares declined Tuesday, paced by real-estate companies following an increase in buyers' stamp duty for high-value residential properties.Malaysian stocks edged lower, ending a five-day winning run.Singapor

    February 20, 2018 07:50 pm JST
  • Nikkei Asia300 Index rises as US stocks extend gains

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged higher on Monday after the S&P 500 Index extended its rally, clocking the best weekly performance since 2013.The Nikkei Asia300 Index rose 0.1% to 1,446.57. Trading activity was muted with mar

    February 19, 2018 08:17 pm JST
  • Singapore, Malaysia stocks rise tracking Wall Street rebound

    KUALA LUMPUR (Nikkei Markets) -- Singapore and Malaysia shares rose Monday, as concerns over rising U.S. bond yields continued to fade.Singapore's Straits Times Index climbed 1.3% to 3,487.88 and Malaysia's FBM KLCI Index advanced 1% to 1,857.32. Bo

    February 19, 2018 08:05 pm JST
  • ASEAN labor flows hit a wall with growing migrant crackdown

    TOKYO/SINGAPORE/BANGKOK -- Tighter restrictions on foreign labor in Malaysia and Thailand have pushed out millions of Southeast Asian migrant workers, driving up wages and potentially threatening a growth model reliant on freedom of movement and che

    February 18, 2018 10:53 pm JST
  • China's neighbors gear up for record Lunar New Year tourism

    BANGKOK/HANOI/SINGAPORE -- Countries throughout Southeast Asia and Japan are hoping for a banner Lunar New Year holiday in terms of tourism and sales, with Chinese expected to visit in record numbers on top of buzzing intraregional travel.Some 6.5 m

    February 17, 2018 12:00 pm JST
  • US Commerce Department proposes hefty import curbs on steel, aluminum

    WASHINGTON (Reuters) -- The U.S. Commerce Department has recommended that President Donald Trump impose steep curbs on steel and aluminum imports from China and other countries ranging from global and country-specific tariffs to broad import quotas,

    February 17, 2018 09:04 am JST
  • Nikkei Asia300 Index little changed as Indian banks fall

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed on Friday as losses in Indian lenders offset positive U.S. cues.The Nikkei Asia300 Index ended almost unchanged at 1,445.71. For the week, it added about 4%, rebounding from the

    February 16, 2018 08:36 pm JST
  • Nikkei Asia300 Index rises as Wall Street recovery continues

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, as a faster-than-expected U.S. inflation data did little to derail the recovery in global equity markets.The Nikkei Asia300 Index advanced 1.1% to 1,445.81. Trading was subdued with H

    February 15, 2018 08:34 pm JST
  • Singapore, Malaysia equities advance tracking Wall Street rally

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia ended a truncated trading session higher, boosted by an overnight rally in U.S. indexes after retail sales and inflation data.Singapore's Straits Times Index climbed 1.2% to 3,443.51

    February 15, 2018 04:06 pm JST
  • Nikkei Asia300 Index gains ahead of key US inflation data

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Wednesday ahead of the release of a keenly watched U.S. inflation data. Upbeat economic reports from Malaysia and Singapore boosted the appetite for equities.The Nikkei Asia300 Index rose 1

    February 14, 2018 08:57 pm JST
  • Singapore shares fall as key lenders decline, Malaysia stocks gain

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares fell Wednesday, dragged down by United Overseas Bank and Oversea-Chinese Banking Corp. after quarterly earnings.Malaysian equities edged higher after better-than-expected economic growth data.Singapo

    February 14, 2018 07:29 pm JST
  • Malaysia's impending slowdown rattles Najib ahead of election

    KUALA LUMPUR -- Malaysia's economy grew 5.9% year-on-year in 2017, but the outlook may not be so rosy for 2018, as many analysts predict a slowdown that would present a challenge for Prime Minister Najib Razak with elections fast approaching.Gross d

    February 14, 2018 06:57 pm JST
  • China-fueled property boom distorts markets in Asia-Oceania

    SINGAPORE -- As red-hot investment money from China continues to drive up real estate prices in Asia and Oceania, local authorities have started taking steps to curb the enthusiasm before things get out of control.In Hong Kong, a group of investors

    February 14, 2018 03:50 pm JST
  • Cover story

    Enemies of the state -- why the press in Southeast Asia is under attack

    BANGKOK/MANILA -- Myanmar has closed off an entire section of the country to reporters. Cambodia is shutting down news organizations. The Philippine president has casually discussed murdering journalists. And the Thai government has suggested the pr

    February 14, 2018 02:30 pm JST
  • Malaysia Q4 GDP grows 5.9% on year, beats forecast

    KUALA LUMPUR (Reuters) -- Malaysia's economy grew more rapidly than expected in the fourth quarter of 2017, capping a year of robust growth.Data released by the central bank on Wednesday showed annual growth of 5.9 percent in the fourth quarter.The

    February 14, 2018 01:19 pm JST
  • European builders to jointly bid for KL-Singapore high-speed rail

    KUALA LUMPUR -- Four European industrial heavyweights, including Siemens and Alstom, have formed a consortium with Malaysian engineering company George Kent to bid for the 350km high-speed rail line connecting Kuala Lumpur with Singapore. The group,

    February 13, 2018 08:35 pm JST
  • Nikkei Asia300 Index extends gains as Wall Street recovers

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan advanced for a second day as a global equity selloff sparked by a pullback in U.S. equities last week abated.The Nikkei Asia300 Index rose 1.1% to 1,414.30 on Tuesday, extending Monday's 0.6% adv

    February 13, 2018 08:23 pm JST