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  • Singapore's CapitaLand clinches deal for Phnom Penh mall

    SINGAPORE -- Singaporean real estate company CapitaLand signed a management deal Tuesday for a high-end shopping mall to open in 2020 in the rapidly growing Cambodian capital of Phnom Penh.The 39,000 sq. meter mall will be part of a complex named Th

    March 23, 2018 01:27 am JST
  • Commodity trader Noble Group's restructuring in doubt

    SINGAPORE -- Listed commodity trader Noble Group, once an industry leader in Asia, is facing an uncertain future as its restructuring process comes under threat after it missed bond repayments.On Thursday morning, Noble halted trading of its shares.

    March 22, 2018 10:25 pm JST
  • Nikkei Asia300 Index declines as Tencent falls after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Thursday, as losses in heavyweight Tencent Holdings wiped off earlier gains after the U.S. Federal Reserve stuck to its interest rate projections for 2018.The Nikkei Asia300 Index fell 0.8% to

    March 22, 2018 10:03 pm JST
  • Malaysia shares rise, Singapore equities fall after Fed outcome

    KUALA LUMPUR (Nikkei Markets) -- Malaysia shares rose Thursday while Singapore equities declined after the U.S. Federal Reserve officials continued to see three rate hikes this year, but forecast a faster pace of increases thereafter.Malaysia's FBM

    March 22, 2018 08:41 pm JST
  • Singtel, rivals set for new battle over Internet of Things

    SINGAPORE (Nikkei Markets) -- With mobile phone penetration near saturation levels, Singapore's three telecom companies are now looking to provide networks and services that will help people and companies connect millions of tiny devices.Singapore T

    March 22, 2018 08:33 pm JST
  • Qualcomm dodges Broadcom's bid but faces potential backlash

    AUSTIN, U.S./TOKYO U.S. chipmaker Qualcomm managed to escape a $117 billion takeover by Singaporean rival Broadcom, thanks to intervention from the White House. But the victory may be short-lived if the episode sparks trade friction between the U.S.

    March 22, 2018 10:00 am JST
  • Shetty and Testaverde

    Southeast Asia needs better labor migration policies

    One of the many signs of growing economic integration in Southeast Asia is a surge in labor migration.While not as high as migration flows elsewhere in the world, the number of people in the 10 member countries of the Association of Southeast Asian

    March 22, 2018 07:00 am JST
  • Malaysia shares rise, Singapore equities steady ahead of Fed rate decision

    KUALA LUMPUR (Nikkei Markets) -- Malaysia shares advanced Wednesday, helped by gains in banks ahead of the U.S. Federal Reserve's monetary policy decision. Singapore stocks ended little changed.Malaysia's FBM KLCI index rose for the fourth day, addi

    March 21, 2018 07:56 pm JST
  • Taiwan's MediaTek denies merger talks with Singapore's Broadcom

    TAIPEI -- MediaTek, the world's second-largest mobile chip provider after Qualcomm, on Wednesday denied that it was in merger talks with Singapore's Broadcom.MediaTek Chief Financial Officer David Ku said in a statement to the stock exchange that hi

    March 21, 2018 07:17 pm JST
  • Singapore electricity market deregulation attracts DBS, StarHub

    SINGAPORE (Nikkei Markets) -- Singapore's move to liberalize its retail electricity market has attracted unlikely players such as financial giant DBS Group and mobile phone operator StarHub as the barriers separating different industries continue to

    March 20, 2018 08:25 pm JST
  • Singapore, Malaysia stocks rebound as banks advance

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia rose Tuesday, rebounding from losses following the biggest decline in U.S. indexes in more than a month.Singapore's Straits Times Index advanced 0.4% to 3,513.31, paced by lenders. Ma

    March 20, 2018 08:02 pm JST
  • Singtel expands mobile wallet across Southeast Asia and India

    SINGAPORE -- Singapore Telecommunications is expanding its mobile wallet service across Southeast Asia and India by linking the product with those of affiliated companies, in a bid to tap into growing demand for mobile payments among regional travel

    March 20, 2018 07:41 pm JST
  • Richard Heydarian

    Australia right to huddle closer to Southeast Asia

    By the standards of global diplomacy, Australia's decision to host its first-ever summit with the Association of Southeast Asian Nations last weekend is hardly epoch-making.But in its modest way, it is a signal of how the great powers are changing t

    March 20, 2018 02:30 pm JST
  • Asia Insight

    Singapore seeks another economic miracle maker for next PM

    SINGAPORE -- Rallying cries rarely heard in Singapore carried across the lush green lawn of Hong Lim Park in early March. About 100 people had gathered under an occasional drizzle to protest a planned increase in the goods and services tax. "The gov

    March 20, 2018 11:00 am JST
  • Standard Chartered chief denies speculation of Chinese sale

    HONG KONG -- The chief executive of Asia-focused lender Standard Chartered denied the possibility of selling itself to Chinese buyers amid a sluggish recovery in its London-listed share price.Speculation about the possible acquisition of Standard Ch

    March 20, 2018 03:20 am JST
  • Most SE Asian companies plan divestments over next 24 months

    SINGAPORE -- There is a strong intention among Southeast Asian companies to divest parts of their businesses, with rapid technological developments putting pressure on them to change existing business models in order to remain competitive, according

    March 19, 2018 09:47 pm JST
  • Alibaba counters Amazon's expansion in Southeast Asia

    SINGAPORE -- Only a week after U.S. e-commerce group revealed its intention to enter the Vietnamese market, Alibaba Group Holding has made a countermove to secure its own growth path in Southeast Asia's burgeoning e-commerce industry.The

    March 19, 2018 09:34 pm JST
  • Nikkei Asia300 Index edges lower as Samsung, LG decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Monday, led by shares of display suppliers after a report that Apple is developing its own screen display technology. South Korean car makers also declined.The Nikkei Asia300 Index declined 0.4

    March 19, 2018 08:34 pm JST
  • Malaysia shares rise, Singapore equities decline ahead of Fed meet

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares edged higher while Singapore equities posted losses to mark the beginning of the week that will provide more cues on outlook for U.S. interest rates.Malaysia's FBM KLCI index rose 0.1% to 1,847.94, w

    March 19, 2018 08:16 pm JST
  • Singapore fines Standard Chartered entities $4.9mn for money laundering breaches

    SINGAPORE (Reuters) -- Singapore's central bank imposed penalties of S$5.2 million ($3.95 million) on Standard Chartered Bank (SCBC) and S$1.2 million on Standard Chartered Trust (Singapore) (SCTS) for breaching money laundering rules and terrorism

    March 19, 2018 06:45 pm JST