Search results

Results 61 - 80 of 4871
  • Electronics shipments help Malaysia's exports swell in January

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's exports growth accelerated in January to 17.9% from a year earlier thanks to stronger shipments of electronics and robust demand from China, official data Monday showed.Exports in January totalled 82.9 bil

    March 5, 2018 07:17 pm JST
  • Southeast Asian professional soccer talent scores across borders

    KUALA LUMPUR -- Southeast Asia's top soccer talent is on the move, with the leading teams in Thailand and Malaysia signing 24 players from outside those countries as the 2018 season kicks off, against just three a year ago.Some of the best players f

    March 5, 2018 02:00 pm JST
  • Interview

    Shipping volume has recovered but prices lag behind: Mitsui OSK chief

    TOKYO -- The maritime shipping industry is gradually emerging from a period of struggle. Junichiro Ikeda, president of Mitsui O.S.K. Lines, recently spoke to Nikkei about the challenges and opportunities in the industry, and how the Japanese shipper

    March 5, 2018 11:30 am JST
  • Nikkei Inc. and the Financial Times Group announce launch of scoutAsia

    TOKYO -- Nikkei Inc. and the Financial Times Group announced on Monday the launch of scoutAsia, a new corporate data and news service that uses AI technology to connect company information to relevant news.By subscribing to scoutAsia, clients receiv

    March 5, 2018 10:30 am JST
  • ASEAN to promote cross-border e-commerce with new framework

    SINGAPORE -- Countries in Southeast Asia will jointly promote the digital economy including the creation of a new cross-border e-commerce framework, ASEAN economic ministers agreed Friday at a meeting in Singapore. The move is designed to allow the

    March 2, 2018 10:13 pm JST
  • Singapore, Malaysia shares log weekly loss as US rate woes weigh

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia fell for the week, as regional sentiment soured amid renewed concerns about faster-than-expected U.S. rate increases.Singapore's Straits Times Index fell 1.5% during the week, while M

    March 2, 2018 07:26 pm JST
  • Petronas aims to raise capex, pay higher dividend

    KUALA LUMPUR (Nikkei Markets) -- Petroliam Nasional, or Petronas, said Friday it will raise capital investments this year following a surge in fourth quarter net profit even as the Malaysian national oil and gas company cautioned of escalating indus

    March 2, 2018 07:11 pm JST
  • Asian companies 'planning big shift to automation'

    HONG KONG -- Companies in the Asia-Pacific region are planning to automate 23% of their work on average in the next three years, reducing the need for full-time employees, according to a survey by U.S.-based consultancy Willis Towers Watson.The surv

    March 1, 2018 08:55 pm JST
  • Nikkei Asia300 Index flat as China factory data helps erase early losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed as better-than-expected Chinese factory data erased early losses stemming from U.S. interest rate increase fears.The Nikkei Asia300 Index ended almost flat at 1,448.15 points.Th

    March 1, 2018 08:31 pm JST
  • Singapore stocks fall as U.S. rate fears persist, Malaysia recovers

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares fell for the third day on Thursday as fears of quicker monetary tightening in the U.S. continued to weigh on risk appetite.Malaysian stocks ended higher, as heavyweights rebounded.Singapore's Straits

    March 1, 2018 07:37 pm JST
  • Tenaga buys 80% stake in two U.K. renewable firms

    KUALA LUMPUR (Nikkei Markets) -- Tenaga Nasional Bhd. said Thursday it has acquired 80% stake in two renewable energy companies in the U.K. for 77.37 million pounds ($106.37 million) as Malaysia's national power company expands its overseas portfoli

    March 1, 2018 07:18 pm JST
  • Indian telecom war leaves three players standing

    MUMBAI -- The fierce competition and price war in India's telecommunications sector has claimed another victim. Malaysia-based Maxis Communications' India unit Aircel said on Feb. 28 that it had filed for bankruptcy in the local courts. The move by

    March 1, 2018 06:39 pm JST
  • AirAsia to sell aircraft leasing arm for $1.18bn

    KUALA LUMPUR -- AirAsia on Thursday said it has agreed to sell its aircraft leasing unit to a U.S. company for $1.18 billion, as part of a drive to spin off noncore airline assets.Unloading the unit to BBAM, the world's largest commercial aircraft l

    March 1, 2018 01:10 pm JST
  • Migrant crackdowns hit ASEAN's labor flow

    SINGAPORE/BANGKOK Tighter restrictions on foreign labor in Malaysia and Thailand have pushed out millions of migrant workers, driving up wages and threatening a growth model reliant on freedom of movement and cheap labor.Malaysia's Top Glove, the wo

    March 1, 2018 10:00 am JST
  • Malaysia's manufacturing PMI falls to 49.9 in February

    TOKYO-- The Nikkei Malaysia Manufacturing Purchasing Managers' Index, or PMI, fell to 49.9 in February from January's 50.5.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."February data painted a m

    March 1, 2018 09:30 am JST
  • Malaysian auto group DRB-Hicom slips back into red in Q3

    KUALA LUMPUR -- DRB-Hicom on Wednesday reported an earnings decline for the October-December quarter, citing a one-off impairment charge at automaker Proton and subdued car sales.The Malaysian automotive group posted a net loss of 58 million ringgit

    February 28, 2018 10:28 pm JST
  • CIMB Group confident of meeting corporate goals

    KUALA LUMPUR (Nikkei Markets) -- CIMB Group Holdings, Malaysia's second-largest bank by assets, said Tuesday it is confident of meeting its stated corporate goals, while credit growth is expected to accelerate at its core markets after fourth quarte

    February 28, 2018 08:08 pm JST
  • Nikkei Asia300 drops amid US rate hike fears

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined on Tuesday as the threat of quicker U.S. interest rates increases triggered by Federal Reserve Chairman Jerome Powell's remarks marred risk appetite.The Nikkei Asia300 Index dropped 1% to 1

    February 28, 2018 08:08 pm JST
  • Malaysia, Singapore stocks fall as Fed rate hike fears revive

    KUALA LUMPUR (Nikkei Markets) -- Malaysia and Singapore shares declined on Wednesday after upbeat comments from the chairman of the U.S. Federal Reserve on the domestic economy rekindled concerns of higher interest rates.Lenders led losses in both m

    February 28, 2018 07:55 pm JST
  • Indonesia seizes luxury yacht linked to 1MDB investigation: police

    JAKARTA (Reuters) -- Indonesia on Wednesday seized a luxury yacht on the island of Bali sought by the U.S. Department of Justice (DOJ) as part of a multi-billion dollar corruption investigation linked to Malaysian state fund 1Malaysia Development Be

    February 28, 2018 06:40 pm JST