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  • Nicholas Spiro

    Emerging Asia investors may finally be turning more cautious

    Despite the dramatic escalation of tensions on the Korean peninsula and the resolve of the U.S. Federal Reserve to withdraw monetary stimulus, Asian government debt is still benefitting from hefty inflows. This year's cumulative inflows are already

    September 28, 2017 01:00 pm JST
  • Malaysia Airlines updates fleet to capture long-haul markets

    KUALA LUMPUR -- Malaysia Airlines Group is replacing old short-haul aircraft for bigger widebody jets, in hope of capturing a bigger market share in long-haul markets as part of its five-year recovery plan.Narrowbody aircraft accounts for 70% of the

    September 27, 2017 09:52 pm JST
  • Nikkei Asia300 Index little changed as Fed, North Korea fears weigh on sentiment

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan ended little changed on Wednesday, as lingering geopolitical tensions and concern the U.S. Federal Reserve may raise interest rates damped investor sentiment.The Nikkei Asia300 Index of som

    September 27, 2017 08:47 pm JST
  • Singapore shares post first gain in three days as banks advance; Malaysia stocks fall

    KUALA LUMPUR (Nikkei Markets) -- Singapore stocks recorded their first gain in three days on Wednesday, led by banks and developers amid growing confidence in the city-state's property market. Malaysian shares fell to their lowest level in September

    September 27, 2017 08:04 pm JST
  • Sapura Energy's fiscal second quarter profit plunges 74%

    KUALA LUMPUR (Nikkei Markets) -- Sapura Energy, a Malaysian oil-and-gas services provider, Wednesday said its fiscal second quarter net profit fell 74% on year, mostly due to a loss at its drilling segment amid challenging industry conditions.Net pr

    September 27, 2017 07:20 pm JST
  • Indonesia, Vietnam leap up global competitiveness list

    GENEVA -- The World Economic Forum's latest global competitiveness list presents a mixed picture for Asia, with big gains by Indonesia and Vietnam and demotions for the likes of Japan and India.The Global Competitiveness Report 2017-2018, released o

    September 27, 2017 07:05 am JST
  • Malaysia, Singapore forming subway shuttle company

    KUALA LUMPUR -- Malaysia and Singapore are forming a company to build a subway that will ease border traffic and foster growth.The proposed 4km Rapid Transit System Link will run from Bukit Chagar, home at present to Johor Bahru's immigration facili

    September 26, 2017 09:30 pm JST
  • Technology stocks drag Nikkei Asia300 Index down

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Tuesday, weighed by a slump in technology stocks and North Korea's latest round of threats.The Nikkei Asia300 Index shed 0.5% to close at 1,297.50. Tencent Holdings dropped 1.2% in Hong Kon

    September 26, 2017 08:43 pm JST
  • Singapore, Malaysia stocks fall as North Korea tensions flare up

    KUALA LUMPUR (Nikkei Markets) -- Equities in Singapore and Malaysia fell Tuesday, as an intensifying war of words between North Korean and U.S. leaders worsened investor concerns.North Korea's Foreign Minister on Monday accused U.S. President Donald

    September 26, 2017 08:03 pm JST
  • Southeast Asian cities among top favorites for leisure travel

    SINGAPORE -- Southeast Asian cities are proving to be popular destination choices for many tourists, with Bangkok, Singapore and Kuala Lumpur among the top 10 global destinations since 2009, according to Mastercard.The annual Mastercard Index of Glo

    September 26, 2017 08:00 pm JST
  • Global trade, China will buoy Asia's growth to 5.8% in 2018

    MANILA -- China's better-than-expected economic expansion and a rebound in global trade will buoy growth in Asia, the Asian Development Bank said in a report on Tuesday.In its Asian Development Outlook Update, the regional lender forecast 5.9% growt

    September 26, 2017 10:30 am JST
  • Japanese chain to roll out more conveyor-belt sushi shops in Southeast Asia

    UTSUNOMIYA, Japan -- Genki Sushi is stepping up its expansion in Southeast Asia, planning restaurants in Myanmar this fiscal year and in Vietnam and Malaysia within the next 12 months.The Japanese conveyor-belt sushi restaurant company aims to incre

    September 26, 2017 04:57 am JST
  • Singapore, Malaysia stocks fall on North Korea tensions, German elections

    KUALA LUMPUR (Nikkei Markets) -- Singapore and Malaysia shares edged lower on Monday, amid persisting geopolitical tensions over North Korea and concerns that German election results may fuel political uncertainty in the euro zone.Investors are also

    September 25, 2017 09:07 pm JST
  • Nikkei Asia300 Index declines as Chinese real-estate stocks slump

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Monday, weighed by a slump in Chinese real-estate developers and suppliers to Apple.The Nikkei Asia300 Index declined 0.8% to 1,303.90. China Vanke and China Overseas Land & Investment plunged

    September 25, 2017 08:32 pm JST
  • Cracks appear in ASEAN over Rohingya crisis

    KUALA LUMPUR -- Malaysia has criticized the stance taken by the Association of Southeast Asian Nations on the Rohingya refugees crisis, saying the reality on the ground is being misrepresented. Malaysia's foreign minister, Anifah Aman, said late Sun

    September 25, 2017 02:25 pm JST
  • Telecoms battle to unlock demand in emerging Asia

    TOKYO/YANGON -- In a tiny village in central Myanmar, about a two-hour drive from the nation's second largest city Mandalay, electricity does not arrive through power lines. It comes from home generators or solar panels.But that does not stop the lo

    September 25, 2017 11:30 am JST
  • 'TPP 11' talks set parameters for moving forward

    TOKYO -- Negotiators from the Trans-Pacific Partnership's 11 remaining parties have drawn up a nearly complete list of rules requested to be shelved now that the U.S. has withdrawn, but challenges in culling the exemptions loom over the push to reac

    September 23, 2017 03:06 am JST
  • Nikkei Asia300 Index falls as North Korea tensions resurface

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Friday as North Korea's threat of a hydrogen bomb test exacerbated tensions surrounding the region, hurting investor appetite.The Nikkei Asia300 Index lost 1% to end at 1,313.72. For the we

    September 22, 2017 08:53 pm JST
  • Lotte Chemical probes Johor facility fire after minor damage

    KUALA LUMPUR (Nikkei Markets) -- Lotte Chemical Titan Holding, the Malaysian unit of South Korea's petrochemical giant Lotte Chemical, said Thursday it is probing the cause of a fire at its so-called TE3 Project site that caused minor damage.The com

    September 21, 2017 07:35 pm JST
  • Asia will be home to 60% of world's elderly by 2030s: Deloitte

    SINGAPORE -- Some 60% of the world's population of people over 65 years old will live in Asia by 2030, causing a number of economies in the region to face demographic challenges before they get rich enough, according to a recent report by consultanc

    September 21, 2017 02:45 pm JST