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  • Nikkei Asia300 Index gains as Samsung, SK Telekom jump

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Tuesday, led by South Korean chipmakers on earnings optimism. Hong Kong developers rallied ahead of a policy address by the city's chief executive.The Nikkei Asia300 Index rose 0.7% to 1,32

    October 10, 2017 08:03 pm JST
  • Singapore, Malaysia stocks fall as investors seek fresh cues on U.S. rates

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia fell Tuesday as investors awaited more cues on U.S. interest rate outlook.Tuesday's losses came after a quiet session on Wall Street overnight. U.S. stock indexes posted moderate loss

    October 10, 2017 07:41 pm JST
  • South Korea's gloom prevails despite manufacturing upturn

    HONG KONG -- Despite escalating threats from its northern neighbor, South Korea saw its manufacturing condition pick up on stronger domestic demand and output last month. But analysts remain cautious about the country's economic outlook as the ongoi

    October 10, 2017 11:05 am JST
  • FT Confidential Research

    Electric vehicle race is on in Southeast Asia

    Thailand is leading other Southeast Asian countries in providing incentives for consumers and investors to boost its domestic electric vehicle industry.Malaysia is dealing with Chinese manufacturers to speed up the adoption of battery-only electric

    October 10, 2017 11:00 am JST
  • Indonesia probes Standard Chartered over $1.4bn transfer

    JAKARTA (Reuters) -- Indonesia is investigating reports that $1.4 billion held by Standard Chartered Plc in Guernsey, mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency rules, ta

    October 10, 2017 12:52 am JST
  • Singapore Post to work with Lazada, CapitaLand at new mall

    SINGAPORE -- Singapore Post said on Monday it was finalizing details with Southeast Asian e-commerce player Lazada, majority owned by China's Alibaba Group Holding, and Singaporean property developer CapitaLand to bring "click and collect" services

    October 9, 2017 09:09 pm JST
  • Singapore, Malaysia stocks little changed on slowdown in China services

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia ended little changed on Monday after services activity in China, the largest trading partner of the two nations, declined to a near two-year low, damping investor sentiment.The China

    October 9, 2017 09:02 pm JST
  • Nikkei Asia300 Index falls as China services growth eases to 21-month low

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged lower on Monday after growth in China's services sector slowed to a 21-month low.The Nikkei Asia300 Index slipped 0.1% to 1,319.44.According to the Caixin/Market survey, which focuses mostly o

    October 9, 2017 09:02 pm JST
  • ASEAN migrant remittances equal to Myanmar GDP

    JAKARTA -- Vast differences in living standards and wages across Southeast Asia have driven a massive rise in migration in the region since the mid-1990s, resulting in an estimated 6.77 million migrant workers sending home substantial chunks of thei

    October 9, 2017 07:42 pm JST
  • Singapore's City Developments mulls buyout of U.K. hotel arm

    SINGAPORE (Nikkei Markets) -- City Developments Ltd. is considering a buyout of its UK-listed subsidiary Millennium & Copthorne Hotels in a deal that could cost Singapore's second-largest developer around 620 million British pounds ($813 million).CD

    October 9, 2017 07:36 pm JST
  • Singapore property recovery may leave agents behind

    SINGAPORE (Nikkei Markets) -- Singapore's housing market is posting a strong recovery but the city-state's real-estate agents may not benefit much as newcomers in the property technology space displace them by matching buyers and sellers.The approac

    October 9, 2017 06:51 pm JST
  • OCBC and StarHub join hands in AI, IoT research

    SINGAPORE -- Oversea-Chinese Banking Corp., Singapore's second largest lender, has announced a strategic partnership with StarHub, the city-state's second largest telecommunication company, to work together in the research and development of product

    October 9, 2017 06:14 pm JST
  • China up close

    Japan and China send sweet words, for now

    TOKYO -- It was a fresh sign of rapidly warming relations when Japanese Prime Minister Shinzo Abe made a surprise appearance at a gala hosted by the Chinese embassy in Tokyo on Sept. 28.The party was held to celebrate China's Oct. 1 National Day and

    October 9, 2017 08:00 am JST
  • Eswar Prasad and Karim Foda

    Economic breathing space is an opportunity to strengthen resilience

    The world economy has settled into a holding pattern, with a broad-based but plodding recovery underway characterized by weak productivity and investment growth. Both advanced and emerging market economies have maintained modest growth momentum, but

    October 8, 2017 07:00 pm JST
  • Nikkei Asia300 Index over 2% on week after US shares' record run

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced on Friday to end the week higher after U.S. equity indexes rose to fresh record highs on optimism over tax reforms.The Nikkei Asia300 Index rose 0.4% to 1,320.81 points Friday. The index is

    October 6, 2017 08:44 pm JST
  • Asian parents among top spenders on education

    SINGAPORE -- Asian parents are investing heavily in education to give their children better career opportunities in an increasingly competitive job market, according to an HSBC report.The report was based on a survey of over 8,400 parents in 15 coun

    October 6, 2017 08:16 pm JST
  • Singapore may let currency strengthen as growth quickens

    SINGAPORE (Nikkei Markets) -- Singapore's central bank may signal its willingness to let the city-state's currency strengthen next week, persuaded by a strengthening economy and signs that inflation could pick up next year.Although most analysts bel

    October 6, 2017 05:56 pm JST
  • Japanese farmers' market coming to Singapore airport

    TOKYO -- Japan's agricultural cooperatives have begun providing produce for sale at Singapore's Changi Airport, in hopes of capturing the hearts of global travelers and fueling demand for Japanese food overseas.The National Federation of Agricultura

    October 6, 2017 08:00 am JST
  • Uber to hail more cab operators in Asia

    TOKYO -- Uber Technologies seeks to step up collaboration with taxi companies in Asia to expand its regional presence amid a host of regulatory barriers.The Japanese arm of the American ride-booking giant will make an announcement as early as Friday

    October 6, 2017 02:43 am JST
  • Nikkei Asia300 Index edges higher as Singapore property developers advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Thursday, helped by Singapore property developers and positive U.S. cues.The Nikkei Asia300 Index rose 0.2% to 1,315.07. Trading was thin as markets in Hong Kong, China, and South Korea wer

    October 5, 2017 08:27 pm JST