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  • Willem H. Buiter

    The case for getting rid of high-denomination bank notes

    I previously discussed the merits of going cashless to enable central banks, including the Bank of Japan, to set interest rates at more negative levels. While that may not happen any time soon, eliminating large denomination paper currency notes --

    December 4, 2017 11:30 am JST
  • Malaysia's manufacturing PMI rises to 43-month high

    TOKYO -- The Nikkei Malaysia Manufacturing Purchasing Managers' Index, or PMI, rose to a 43-month high of 52.0 in November from 48.6 in October.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."Nove

    December 4, 2017 09:30 am JST
  • ASEAN manufacturing PMI inches up to 50.8 in November

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, edged up to 50.8 in November from October's 50.4.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."The ASEAN manufacturing

    December 4, 2017 09:30 am JST
  • Malaysian festival highlights rise of pan-Asian literature

    PENANG, Malaysia -- In a beautifully refurbished colonial building next to George Town's coastal thoroughfare, a tight-knit yet diverse crowd is hungry for answers. A microphone is passed around, and people rock nervously in their chairs as they wai

    December 3, 2017 05:42 pm JST
  • Xiaomi enters Thailand amid plans for 2,000 stores globally

    BANGKOK -- In November, Thai buyers thronging Bangkok's Seacon Square Bangkae shopping mall were surprised to find a handset store with a logo they had never seen before -- Xiaomi.It was the second Mi store launched by the leading Chinese smartphone

    December 1, 2017 10:40 pm JST
  • Michael Vatikiotis

    Statesman who raised ASEAN's international profile

    Southeast Asia is a hard region for anyone to straddle. There is no common language, sovereignty is strongly asserted, and there are plenty of deeply-felt enmities. If there was one man in recent history who managed to overcome some of these obstacl

    December 1, 2017 09:45 pm JST
  • Nikkei Asia300 Index edges lower as Tencent extends losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan retreated Friday, as heavyweight Tencent Holdings extended losses and a private survey showed China's manufacturing activity weakened last month.The Nikkei Asia300 Index dropped 0.6% to 1,373.25. Fo

    December 1, 2017 08:31 pm JST
  • Tech companies lead Nikkei Asia300 lower after Nasdaq slide

    MUMBAI (NewsRise) -- Asian stocks outside of Japan slumped Thursday, as regional technology companies fell, tracking an overnight selloff in their U.S. counterparts.The Nikkei Asia300 Index declined 1.5% to 1,381.03. South Korea's Samsung Electronic

    November 30, 2017 08:14 pm JST
  • Hong Leong Financial Group's net profit rises nearly 18%

    KUALA LUMPUR (Nikkei Markets) -- Hong Leong Financial Group, the flagship financial services arm of Malaysian tycoon Quek Leng Chan, said Thursday its net profit grew 17.9% in the fiscal first-quarter from a year earlier buoyed by higher contributio

    November 30, 2017 07:46 pm JST
  • Singapore, Malaysia shares drop after US tech selloff

    KUALA LUMPUR (Nikkei Markets) -- Singapore equities fell for a second day on Thursday after an overnight tumble in U.S. technology shares weighed on investor sentiment.Malaysia shares also declined. Sime Darby advanced following the spinoff of its p

    November 30, 2017 07:17 pm JST
  • Nikkei launching new index for Asian corporate investment on Dec. 11

    TOKYO -- Nikkei Inc. on Dec. 11 will begin publishing the Nikkei Asia300 Investable Index in an effort to make Asia's leading companies more accessible to investors.Retail investors will be able to buy in via investment trusts and other instruments

    November 30, 2017 04:30 pm JST
  • Malaysia promotes role as gateway to region's economy

    KUALA LUMPUR -- The Malaysian government is urging foreign businesses to use the country as a launchpad into Asia, as the region's economy is expected to grow further.Addressing over 500 business people at the Nikkei Business Forum 2017 in Kuala Lum

    November 30, 2017 01:10 pm JST
  • Asian bidders want Mexico's oil deposits

    TOKYO/BANGKOK Off the east coast of Mexico lies one of the world's largest untapped resources of oil and gas. Combined with the potential size of the reserves, the strategic geography of the location and the political stability of the country, the J

    November 30, 2017 10:00 am JST
  • One of China's biggest developers sets its sights on Thailand

    BANGKOK In a modern office block in Huay Kwang district, the team settling down to a routine Monday morning is employed by the new Thailand branch of Country Garden Holdings, China's largest property developer by contracted sales.This is the Chinese

    November 30, 2017 10:00 am JST
  • Qatar looks beyond its neighbors as embargo goes on

    DOHA As Qatar's isolation in the Persian Gulf region drags on, it is looking to strengthen economic ties with Asian countries, aiming to import more food and sell more liquefied natural gas.The decision by Qatar's neighbors in June to cut ties halte

    November 30, 2017 10:00 am JST
  • Deborah Elms: It may be smaller, but the new 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 30, 2017 10:00 am JST
  • AirAsia 3Q earnings soar, thanks to more passengers

    KUALA LUMPUR -- AirAsia on Wednesday said earnings grew in the July to September quarter due to more passengers it carried and lower deferred taxes, as the region's largest budget carrier by fleet size continued to ramp up demand in secondary cities

    November 29, 2017 10:29 pm JST
  • Nikkei Asia300 Index falls as North Korea tests another missile

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Wednesday as investors digested news of North Korea's latest missile test.The Nikkei Asia300 Index declined less than 0.2% to 1,401.62North Korea tested an intercontinental ballistic missile ea

    November 29, 2017 08:18 pm JST
  • Malaysian stocks rebound as Tenaga hits record high, Singapore equities fall

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares recovered from nine-month lows on Wednesday, paced by gains in heavyweight Tenaga Nasional. Singapore stocks slipped from near 29-month highs.It was a mixed session for Asian markets with little disc

    November 29, 2017 07:35 pm JST
  • Fuji Oil to build Malaysian palm oil factory with local partner

    OSAKA -- Japan's Fuji Oil Holdings group is teaming up with a Malaysian company to make palm oil products that comply with international standards in order to allay consumer concerns over environmental and social problems rampant in the industry.The

    November 29, 2017 05:43 am JST