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  • ASEAN AT 50: Frederic Neumann

    At 50, ASEAN is still punching below its weight

    It is easy to dismiss the Association of Southeast Asian Nations as another international talking shop. But that would be a mistake. Over the last five decades, the organization has brought stability to a region all too often riven by tension and st

    August 9, 2017 10:00 am JST
  • Singapore's MetroResidences steps into Japan's serviced-apartment biz

    TOKYO -- Singapore-based broker MetroResidences will begin to place travelers in serviced apartments in Japan, hoping to attract foreign customers searching for alternatives to hotels and vacation rentals.Serviced apartments are private, furnished r

    August 9, 2017 04:52 am JST
  • Go-Jek buys Indonesian event management startup

    JAKARTA -- Go-Jek on Tuesday said it is acquiring Indonesian ticketing management startup Locket for an undisclosed amount as the company known for its ride-hailing app continues to diversify beyond that highly competitive sector.Go-Jek's smartphone

    August 8, 2017 08:12 pm JST
  • Nikkei Asia300 Index little changed amid weak China trade data

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan ended little changed on Tuesday as disappointing trade data from China offset overnight Wall Street gains.The Nikkei Asia 300 Index rose less than 0.1% to 1,300.49.The tepid performance in

    August 8, 2017 08:06 pm JST
  • Singapore stocks fall for 4th day as telecom operators extend losses, Malaysia shares gain

    SINGAPORE (Nikkei Markets) -- Singapore stocks fell for the fourth straight day on Tuesday as mobile phone operators and DBS Group Holdings extended losses. Malaysia shares ended higher, tracking overnight gains in U.S. stocks to record highs.Singap

    August 8, 2017 07:43 pm JST
  • China shipbuilder Yangzijiang up 97%; analysts remain skeptical

    SINGAPORE/HONG KONG -- The share price of China's Yangzijiang Shipbuilding Holdings has continued to climb on the Singapore market despite skepticism among some market participants.The stock, the biggest gainer on the Singapore market in the first h

    August 8, 2017 07:32 pm JST
  • ASEAN AT 50

    Ever-adaptable ASEAN confronts new tests

    BANGKOK -- On Aug. 9, 1967, The New York Times reported the signing of the Bangkok Declaration to inaugurate the Association of Southeast Asian Nations. The brief, 80-word article on the declaration -- inked the previous day by five founding foreign

    August 8, 2017 04:06 pm JST
  • ASEAN AT 50: Mahathir bin Mohamad

    ASEAN is more than it may seem

    The world widely assumed that the Association of Southeast Asian Nations was an economic community like the European Economic Community when it came into being. It may look as if it is a regional economic grouping. But that was not the purpose behin

    August 8, 2017 10:00 am JST
  • US, Japan, Australia urge ASEAN to 'maximize pressure' on North Korea

    MANILA -- U.S., Japan and Australia on Monday urged the Association of Southeast Asian Nations to exert more pressure on North Korea over its nuclear ambitions and to make sure a planned code of conduct for maritime disputes is legally binding.In a

    August 8, 2017 12:11 am JST
  • Nikkei Asia300 Index advances tracking Wall Street gains

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose Monday, tracking gains on Wall Street triggered by better-than-expected U.S. employment data.The Nikkei Asia 300 index added 0.5% to 1,299.65.The day's rally in Asia stocks was set up

    August 7, 2017 08:28 pm JST
  • Singapore stocks fall as DBS extends losses, Malaysia equities gain on Wall Street cues

    SINGAPORE (Nikkei Markets) -- Singapore stocks edged lower on Monday as heavyweight DBS Group Holdings extended losses following June quarter earnings. Malaysia shares rose, tracking positive Wall Street cues.Singapore's FTSE Straits Times Index fel

    August 7, 2017 08:07 pm JST
  • ASEAN, Japan, China, South Korea agree to bolster financial cooperation

    MANILA (Kyodo) -- Foreign ministers from the 10 Association of Southeast Asian Nations members plus Japan, China and South Korea agreed Monday they will bolster financial cooperation to promote economic stability in the region.This year marks the 20

    August 7, 2017 03:23 pm JST
  • Influential Thais in push for Kra Canal project

    SIKAO, Thailand -- Fisherman Sittichai Bohmung lounges on a remote pier beside a ramshackle waterfront village in this southern Thai district and recalls the time last year when a bunch of retired generals from Bangkok and businessmen from China cam

    August 7, 2017 12:25 pm JST
  • Singapore's Keppel Group says academic resigns after residency cancelled

    SINGAPORE (Reuters) -- Singapore's Keppel Land, part of conglomerate Keppel Group Ltd, said its independent director has resigned after his permanent residency was cancelled when he was accused of being an agent of influence for a foreign country.Th

    August 7, 2017 10:55 am JST
  • ASEAN AT 50: William Pesek

    ASEAN's awkward midlife crisis

    Trouble is brewing in the ranks of the Association of Southeast Asian Nations as Asia's only real economic grouping turns 50. Its midlife crisis will be hidden from view come November, when leaders of the 10 nations gather in Manila. There, they wil

    August 7, 2017 10:00 am JST
  • Chemicals sector grows fastest in July's Asia PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for July showed output growth in 15 of the 19 sectors monitored.Chemicals (54.7) marked the sharpest growth, followed by healthcare services (54.0) and beverages and food (53.8).On

    August 7, 2017 09:30 am JST
  • China looms ever larger over ASEAN as US steps back

    The Association of Southeast Asian Nations, which turns 50 on Tuesday, has seen its fair share of geopolitical changes, but the uncertainties of U.S. foreign policy under President Donald Trump make Chinese influence over the region more pervasive.A

    August 7, 2017 04:26 am JST
  • ASEAN alarmed by China's militarized South China Sea islands

    MANILA -- Southeast Asian countries have expressed concern over China's militarized artificial islands in the South China Sea but have reserved their opinions on whether a code of conduct for the disputed waters should be legally binding.Foreign min

    August 7, 2017 01:42 am JST
  • China's foreign minister says maritime code negotiations with ASEAN to start this year

    MANILA (Reuters) -- China's foreign minister said on Sunday negotiations between Southeast Asian countries and China on a code of conduct for the South China Sea would start this year, and whatever agreement is made must be adhered to.Wang Yi told r

    August 6, 2017 05:05 pm JST
  • Business Insight

    Noble Group humbled by mercurial founder's misjudgment

    For decades, there was no better way to profit from the rise of value-added manufacturing in Asia, particularly in China, than to invest in Singapore's Noble Group. Its ships tied the region's supply chains together as they transported raw materials

    August 6, 2017 12:49 pm JST