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  • Cover story

    Inside Asia's bitcoin economy

    SHANGHAI -- On Jan. 6, a leaked photograph of an official notice from China's internet finance regulator began to circulate on Twitter. The statement, released by the authorities two days earlier, told local governments to stop subsidizing companies

    January 31, 2018 03:39 pm JST
  • Interview

    Top Glove aims to join Fortune 500 by 2040

    SINGAPORE -- Top Glove, the world's largest rubber glove maker by capacity, aims to become a Fortune 500 company by 2040 by pursuing a bigger share of the international glove market.As part of its merger and acquisition plans, the company recently a

    January 31, 2018 02:30 pm JST
  • Chaoni Huang

    ASEAN has chance to rival China in green bonds

    If China can take the world of green bonds by storm, can Southeast Asia?A 2 billion ringgit ($507 million) securities issue by Permodalan Nasional, an asset manager controlled by the Malaysian government, in November marked the first use of the new

    January 31, 2018 07:00 am JST
  • Malaysia's telecom players pay upfront fee for 3G spectrum

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's top three telecom companies Tuesday said they each paid an upfront fee of 118.4 million ringgit ($30.38 million) and agreed to annual fixed payment of 50 million ringgit for the 2100MHz spectrum that is us

    January 30, 2018 08:30 pm JST
  • Singapore, Malaysia stocks fall as rising bond yields hurt equities

    KUALA LUMPUR (Nikkei Markets) -- Stocks in Singapore and Malaysia fell Tuesday, as concerns over rising U.S. bond yields triggered a decline in regional indexes.Singapore's Straits Times Index dropped 0.8% to 3,548.74, while the FTSE Bursa Malaysia

    January 30, 2018 07:43 pm JST
  • Wendy Cutler

    Is the US heading back to the TPP? Not so fast

    A year after officially withdrawing from the Trans-Pacific Partnership, U.S. President Donald Trump now says he would reconsider a "substantially better deal." At Davos, Trump told an audience of business leaders that he "would consider negotiating

    January 30, 2018 01:57 pm JST
  • Asia Insight

    Minimum wage politicking stings employers in Southeast Asia

    SINGAPORE -- After more than three decades as Cambodia's prime minister, Hun Sen added a new routine to his schedule last August: visits to the garment and footwear factories that employ some 700,000 citizens nationwide.Sometimes he has lunch with t

    January 30, 2018 01:30 pm JST
  • Southeast Asia airlines face yet thinner profits in 2018

    SINGAPORE -- Airlines in Southeast Asia will have to bear with "meager" profit in 2018 because of rising fuel prices and intense competition, the Sydney-based aviation think tank CAPA said.On the positive front, passenger yield, an indicator of tick

    January 30, 2018 11:20 am JST
  • Police confirm Kim Jong Nam met US man days before murder

    SHAH ALAM, Malaysia (Kyodo) -- A police investigator on Monday confirmed in court that Kim Jong Nam, the estranged half-brother of North Korea's leader, met a suspected U.S. intelligence agent in the northern Malaysian island resort of Langkawi just

    January 29, 2018 11:33 pm JST
  • Malaysia stocks at three-year high as banks extend gains

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares rose to more-than-three-year highs on Monday, as banks extended their rally amid optimism higher interest rates will boost their earnings.Singapore equities advanced, tracking positive Wall Street cu

    January 29, 2018 07:30 pm JST
  • Air conditioning sends ASEAN electricity demand soaring

    SINGAPORE -- Rising use of air conditioning among increasingly affluent populations in the Association of Southeast Asian Nations is causing demand for electricity to soar, threatening the environment with increased carbon emissions, according to a

    January 29, 2018 06:54 pm JST
  • Interview

    Malaysia's Mahathir claims ousting Najib is on the cards

    KUALA LUMPUR -- Mahathir Mohamad insists there is a real possibility of a new government coming to power when Malaysia goes to the polls later this year.Speaking to The Nikkei at his office on the outskirts of the Malaysian capital on Monday, Mahath

    January 29, 2018 05:03 pm JST
  • Modi showcases links with ASEAN at New Delhi parade

    NEW DELHI -- India's grand Republic Day parade on Friday saw for the first time the presence of not one but 10 guests of honor -- leaders of the countries in the Association of Southeast Asian Nations -- reflecting the significance New Delhi attache

    January 26, 2018 11:34 pm JST
  • AirAsia's fourth quarter passenger traffic rose 17%

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's AirAsia, the largest discount carrier in Southeast Asia, Friday reported a 17% annual growth in passenger traffic in the seasonally-strong fourth quarter.Traffic rose to 10.44 million passengers in October

    January 26, 2018 08:41 pm JST
  • Malaysia shares edge up to 32-month high, bank rally holds

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares hit a 32-month high Friday as investors bet that higher interest rates would boost margins and profits for banks. The ringgit's strength also helped, bolstering hopes of greater foreign investment in

    January 26, 2018 07:58 pm JST
  • Rejuvenated Toshiba Lifestyle looks to clean up in Southeast Asia

    TOKYO -- After a year and half of pushing through reforms since it was purchased by China's Midea Group, Toshiba Lifestyle Products & Services, the former home appliances wing of Toshiba, is looking to grow again.As a first step, Toshiba Lifestyle t

    January 26, 2018 03:30 pm JST
  • Vandana Hari

    Oil price surge brings little cheer to Asia

    Crude oil's spectacular climb to the $60-$70 a barrel should boost government revenues for Asia's major oil-producing countries such as Indonesia, Malaysia, Australia and Vietnam.But for the region as a whole, a growing net importer of oil that is p

    January 26, 2018 03:00 pm JST
  • India, ASEAN leaders agree to boost maritime cooperation

    NEW DELHI (Reuters) -- The leaders of India and southeast Asia agreed on Thursday to boost their maritime ties at a summit in New Delhi, as they seek to balance the increasing weight of China across the region.India is hosting the leaders of the Ass

    January 26, 2018 06:35 am JST
  • Sapura Energy mulling potential listing of E&P business

    KUALA LUMPUR (Nikkei Markets) -- Sapura Energy, a Malaysian oil-and-gas services provider, said Thursday it is in talks with advisors for the potential listing of its exploration and production business."The board of directors and management would l

    January 25, 2018 08:53 pm JST
  • Malaysia shares rise as central bank rate hike boosts lenders

    KUALA LUMPUR (Nikkei Markets) -- Malaysia shares advanced Thursday, led by lenders, after the nation's central bank raised interest rates by a quarter percentage points.Singapore equities suffered their worst drop since the New Year, led by heavywei

    January 25, 2018 07:59 pm JST