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  • Cover story

    Asia braces for the end of easy money

    TOKYO -- Visitors to the Royal Palace Park in Phnom Penh don't need to worry if they forget to bring wads of Cambodian riel with them -- all of the owners of the nearby food and drink stalls tell their customers to pay in U.S. dollars anyway. It is

    December 6, 2017 03:25 pm JST
  • Singapore land grab continues despite central bank warning

    SINGAPORE (Nikkei Markets) -- Singapore's central bank may be concerned about growing risks in the property market, but its warning last week failed to dampen sentiment among developers, who drove land bids to a fresh record Tuesday.The aggressive b

    December 6, 2017 03:07 pm JST
  • Southeast Asia letting startups play in the fintech sandbox

    SINGAPORE/SHANGHAI -- Southeast Asian countries are working to cultivate homegrown financial ventures by temporarily waiving regulations to let them experiment with innovative services. The so-called regulatory sandbox, an idea originated in the U.K

    December 6, 2017 06:07 am JST
  • Nikkei Asia300 Index falls as technology stocks edge lower

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Tuesday, as a rally triggered by optimism over U.S. tax reforms faded and technology shares resumed their fall.The Nikkei Asia300 Index lost 0.7% to 1,371.98. Index heavyweights Tencent Hol

    December 5, 2017 09:09 pm JST
  • Singapore stocks little changed, Malaysia equities rebound

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares ended little changed on Tuesday, as weak cues from other Asian markets offset positive economic data at home.Malaysia shares rebounded from nine-month lows, helped by a late rally by Hong Leong Bank

    December 5, 2017 08:24 pm JST
  • Texas Chicken targets supersize expansion in Malaysia

    KUALA LUMPUR -- If you want a taste of Texas Chicken, head to Malaysia.The Atlanta-based company, known as Church's Chicken in the U.S., has just opened its 42nd outlet in the Southeast Asian country, having expanded at a rate of nearly 10 a year si

    December 5, 2017 05:21 pm JST
  • Japan's BTMU and NTT Data to test digital trade portal with Singapore

    Getty Images

    TOKYO -- Japanese systems builder NTT Data and Bank of Tokyo-Mitsubishi UFJ are working with Singapore to test a digital platform meant to reduce the mountains of documents involved in cross-border trade -- an unseen but not insignificant cost in sh

    December 5, 2017 10:00 am JST
  • Singapore PMI posts strong gain in November

    TOKYO -- The Nikkei Singapore Purchasing Managers' Index, or PMI, recorded strong growth in November on the back of robust exports.The composite indicator of business conditions stood at 55.4 in November, up from 54.2 in October, marking the highest

    December 5, 2017 09:30 am JST
  • China's Mobike partners with Singtel to speed Asian growth

    SINGAPORE -- Mobike, a Beijing-based bicycle-sharing company, announced on Monday a tie-up with Singapore Telecommunications, as it aims to expedite its growth in Asia.The two companies signed a memorandum of understanding the same day in Singapore

    December 4, 2017 10:34 pm JST
  • Nikkei Asia300 Index rises as U.S. inches closer to corporate tax cuts

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Monday as the U.S. took a step closer to passing a bill that offered significant tax cuts to businesses.The Nikkei Asia300 Index advanced 0.6% to 1,380.98.Index equity futures pointed to a stro

    December 4, 2017 08:34 pm JST
  • Malaysian stocks fall to nine-month lows, Singapore shares edge lower

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares dropped to nine-month lows on Monday as sentiment remained weak after September-quarter earnings. IJM Corp. plunged to the lowest in three years after being dropped from the country's benchmark index

    December 4, 2017 07:53 pm JST
  • Asia now home to 75 unicorns as sharing economy takes off

    TOKYO -- Asia now has about 75 unicorn startups, accounting for 40% of the global total by value, a feat made possible by the region's booming on-demand industry -- especially in China.Founded in 2012, Didi Chuxing Technology now boasts over 400 mil

    December 4, 2017 03:45 pm JST
  • Casting beyond China, Makino machine tools drill deeper into Asia

    TOKYO -- Japanese machine tool maker Makino Milling Machine has been cashing in handsomely on the lucrative Chinese market, but it is not resting on its laurels. It is preparing to aggressively expand its sales and services into other emerging Asian

    December 4, 2017 12:00 pm JST
  • 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
  • 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
  • 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
  • Singapore shares advance as investors bet on U.S. corporate tax cuts

    SINGAPORE (Nikkei Markets) -- Singapore shares rose Friday amid increasing optimism over U.S. corporate tax cuts. The day's gains helped the benchmark index post a second weekly advance.The Dow Jones Industrial Average and the S&P 500 Index surged t

    December 1, 2017 07:33 pm JST
  • Company in focus

    Singapore's Olam spreads 'smart farming' in Asia and beyond

    SINGAPORE/LAMPUNG -- On a sunny day in late July in Lampung, a rural farming town in the southern part of Indonesia's Sumatra Island, an employee of agricultural-goods trading company Olam International was busy making the rounds of cocoa farms, col

    December 1, 2017 03:30 pm JST