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  • Seoul to decide on new TPP membership by June

    SEJONG, South Korea -- South Korea's finance minister said Tuesday that the country will decide by June if it will join a Japan-led 11-member economic bloc, as the U.S. widens protectionist measures against the export-driven economy.Kim Dong-yeon sa

    March 13, 2018 09:48 pm JST
  • Nikkei Asia300 Index gains as Chinese banks, semiconductor makers advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, as Agricultural Bank of China led mainland lenders higher following plans of a private placement and upbeat earnings.The Nikkei Asia300 Index rose 0.6% to 1,485.36. Hong Kong-shares of

    March 13, 2018 08:34 pm JST
  • Singapore, Malaysia stocks rise ahead of US inflation data

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares rose Tuesday as banks advanced before the release of U.S. consumer inflation data that could provide cues on the pace of monetary tightening by the Federal Reserve.Malaysian equities also gained, boo

    March 13, 2018 08:00 pm JST
  • New wealth lifts earnings at Southeast Asian banks

    SINGAPORE -- Southeast Asia's largest banks are riding the region's rapid economic growth to higher earnings as demand for wealth management services rises and mainstay savings and lending operations expand.A number of the region's major banks by ma

    March 13, 2018 12:15 pm JST
  • India pivots to Southeast Asia to counter China's growing clout

    India is determined to act as a counterweight to China's strong presence in Southeast Asia. This policy should find support from countries such as Indonesia, the Philippines and Vietnam amid discontent over economic imbalances and China's territoria

    March 13, 2018 11:00 am JST
  • Trump halts Broadcom takeover of Qualcomm

    U.S. President Donald Trump on Monday blocked microchip maker Broadcom Ltd's proposed takeover of Qualcomm Inc on national security grounds, ending what would have been the technology industry's biggest deal ever amid concerns that it would give Chi

    March 13, 2018 08:17 am JST
  • Nikkei Asia300 Index jumps as US jobs data fuel equity gains

    MUMBAI (NewsRise) -- Asian stocks outside of Japan jumped Monday, as subdued U.S. wage growth eased fears the Federal Reserve may raise its interest rate outlook at its next meeting.The Nikkei Asia300 Index rose 1.7% to 1,476.76. Energy companies ad

    March 12, 2018 08:43 pm JST
  • Singapore, Malaysia stocks rise to two-week high on US jobs data

    KUALA LUMPUR (Nikkei Markets) -- Stocks in Singapore and Malaysia rose to two-week highs on Monday as muted U.S. wage growth triggered a broad-based rally in markets across the world.The Straits Times Index in Singapore rose 1.6% to 3,540.19. Malays

    March 12, 2018 07:49 pm JST
  • Mercer flags more pain for mutual fund managers

    SINGAPORE (Nikkei Markets) -- Traditional fund managers will face further pressure on fees as investors continue to park more money with exchange-traded funds as well as with those who specialize in unlisted assets, according to the world's largest

    March 12, 2018 07:19 pm JST
  • Interview

    UK activist fund demands Tokyo broadcaster sells crossholdings

    TOKYO -- London-based activist fund Asset Value Investors says it is pushing Japan's key TV broadcaster Tokyo Broadcasting System Holdings to sell down crossholdings and return the cash to shareholders.The fund plans to put forward an official propo

    March 12, 2018 02:50 pm JST
  • William Pesek

    Broadcom's bid for Qualcomm stokes Trump's China fears

    In the Donald Trump political-industrial complex, all roads lead to China.But other countries risk getting trampled along the way. Take steel and aluminum exporters suddenly confronting White House tariffs -- 25% on steel and 10% on aluminum. China

    March 12, 2018 07:00 am JST
  • Intel casts doubt on report of interest in Broadcom

    Microchip maker Intel Corp responded to a report that it is considering a possible bid for Broadcom Ltd by saying that it is focused on integrating previous acquisitions, raising doubt over the idea.The Wall Street Journal reported on Friday that In

    March 10, 2018 10:12 am JST
  • Nikkei Asia300 Index rises on softened US import tariffs

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose on Friday and for the week after U.S. President Donald Trump announced plans for import tariffs on steel and aluminum that were less severe than initially feared.The Nikkei Asia300 Index advanc

    March 9, 2018 08:19 pm JST
  • Malaysian shares end week lower amid US tariff worries, Singapore rises

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore ended a choppy week marginally higher as investors considered the implications of U.S. import tariffs. Malaysian equities declined, led by Press Metal Aluminium Holdings and banking stocks.Develop

    March 9, 2018 07:30 pm JST
  • Beijing condemns US tariffs as Tokyo and Seoul seek exemptions

    TOKYO/SEOUL/MANILA -- China on Friday condemned U.S. tariffs on imported aluminum and steel, while Japanese and South Korean officials expressed concerns and vowed to try to persuade the Trump administration to exempt the two countries as allies.Rea

    March 9, 2018 06:38 pm JST
  • Eleven countries sign revamped TPP in Chile

    SANTIAGO, Chile -- Eleven Pacific Rim countries signed the revised Trans-Pacific Partnership here Thursday afternoon, finalizing the trade and investment agreement just over a year after the American withdrawal left its fate in question.The pact, re

    March 9, 2018 05:32 am JST
  • US destroyer turned abruptly into tanker's path before collision: report

    SINGAPORE (Kyodo) -- Singapore's Transport Ministry said Thursday that the U.S. navy destroyer John S. McCain made an abrupt turn into the path of an oil tanker just before the fatal collision between the two vessels last August.The ministry's Trans

    March 8, 2018 10:12 pm JST
  • Singapore's Creative seeks inspiration from Angry Birds maker

    SINGAPORE (Nikkei Markets) -- Singapore's Creative Technology intends to gain broad acceptance for its new audio technology before it tries to sell or license headsets and other equipment, taking a leaf from app developers such as Angry Birds' maker

    March 8, 2018 08:42 pm JST
  • Nikkei Asia300 rises as US tariff exemption bets boost risk appetite

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose on Thursday, buoyed by robust China trade data, and as investors took comfort from indications that proposed U.S. import tariffs may exclude some countries.The Nikkei Asia300 Index advanced 1.4

    March 8, 2018 07:57 pm JST
  • Singapore, Malaysia shares rise after US hints at tariff exemptions

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia rose on Thursday as expectations that planned U.S. import tariffs may be toned down boosted risk appetite.Singapore's Straits Times Index rose 0.9% to 3,480.44, and Malaysia's FBM KLC

    March 8, 2018 07:29 pm JST