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  • So who were the winners after tumultuous week?

    TOKYO -- Darkness often makes the stars stand out more. As the shades of black market sentiment fell this week, there were some stocks which shone.On Friday the stock market ended the week with another massive decline. Growing inflation expectations

    February 9, 2018 10:16 pm JST
  • Nikkei Asia300 Index slumps tracking Wall Street turmoil

    MUMBAI (NewsRise) -- Asian stocks outside of Japan tumbled Friday, after U.S. markets plunged for a second time this week amid lingering concerns over climbing bond yields.The Nikkei Asia300 Index dropped 2.5% to 1,390.81, taking its losses for the

    February 9, 2018 08:32 pm JST
  • Goldilocks accuses Singapore-listed Noble Group of misleading shareholders

    SINGAPORE (Nikkei Markets) -- The war of words between Noble Group and one of its biggest shareholders continued on Friday, with Goldilocks Investment accusing the embattled commodities trader of selective disclosure and misleading investors.In a st

    February 9, 2018 07:51 pm JST
  • Singapore, Malaysia stocks post biggest weekly loss in more than two years

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia suffered their biggest weekly loss in more than two years, as rising global bond yields triggered a worldwide equity market rout.Singapore's Straits Times Index dropped 1.1% to 3,377.

    February 9, 2018 07:46 pm JST
  • China stocks lead Friday's Asian sell-off after US plunge

    TOKYO -- Asian shares were sold off across the board on Friday, as investors responded to another Wall Street plunge that put U.S. stocks into correction territory overnight.Chinese shares led the decline during the Asian trading day. The Hong Kong

    February 9, 2018 06:47 pm JST
  • Company in focus

    Ride-hailing app Grab gears up for payment dominance

    TOKYO -- In late January, a long post on online publishing platform medium.com created a buzz. It was written by an ex-Google engineer, Steve Yegge, who just left the global technology giant after nearly 13 years to begin working at Grab, a Singapor

    February 9, 2018 01:40 pm JST
  • Honda wins order for 16 jets from air taxi operator Wijet

    SINGAPORE -- Japanese automaker Honda Motor said Thursday it has won an order for 16 of its HondaJet business jets from Wijet, a French operator of a premium air taxi service.The order is the largest Honda has ever received for its first aircraft, t

    February 9, 2018 12:05 am JST
  • Nikkei Asia300 Index posts first gain of week

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday as investors stepped up purchases after three days of losses even as they awaited cues on where the U.S. inflation could be headed.The Nikkei Asia300 Index rose 0.7% to 1,425.88, after

    February 8, 2018 08:24 pm JST
  • Singapore stocks post biggest advance in a month as DBS jumps

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares rose the most in more than a month on Thursday, paced by DBS Group Holdings after the lender increased its dividend.Malaysia shares edged higher, extending its rebound from one-month lows.Singapore's

    February 8, 2018 08:07 pm JST
  • Singtel keen on India despite price war there

    SINGAPORE -- Singapore Telecommunications is pinning its hopes on the Indian mobile market, the company chief executive said on Thursday, despite facing a price war there that dragged down its profit for the last quarter of 2017.Singtel said net pro

    February 8, 2018 06:34 pm JST
  • DBS shows optimism about year ahead, problem loans fade

    SINGAPORE (Nikkei Markets) -- DBS Group Holdings kicked off the earnings season for banks in Singapore by posting a record quarterly profit and doubling its dividend, a surprise that made the stock one of the best performers of the day on the local

    February 8, 2018 05:23 pm JST
  • Kakao's record earnings overshadowed by stock fall

    SEOUL -- Kakao saw record-high earnings for last year, driven by strong growth in advertisements and content sales, the internet company said Thursday. But the good news is being overshadowed as investors dump the company's stock over worries about

    February 8, 2018 03:05 pm JST
  • Asia's manufacturers start the year off strong

    HONG KONG Asian manufacturers started the year off strong, as global trade picked up in January, the latest Nikkei Manufacturing Purchasing Managers' Index survey showed. Nine of 11 Asian countries and regions surveyed saw an expansion of manufactur

    February 8, 2018 10:00 am JST
  • Democracy rankings put Asia in poor standing

    TOKYO Asia witnessed the biggest deterioration in its democratic conditions of any region in 2017, as minorities in countries including Indonesia and Myanmar suffered.In the annual democracy index ranking compiled by the Economist Intelligence Unit

    February 8, 2018 10:00 am JST
  • ASEAN's midsize companies are becoming major players

    SINGAPORE Midsize companies in Southeast Asia are thriving, helped by the region's growing middle class and public works spending.A Nikkei survey covering Southeast Asian listed companies with annual sales of $100 million or less showed that earning

    February 8, 2018 10:00 am JST
  • Singapore's Orchard Road gets its own Shibuya-style crossing

    SINGAPORE Orchard Road has long been one of the most iconic locations in Singapore, and a symbol of the country's economic success. But the shopping street is being eclipsed in popularity by malls and e-commerce as consumer habits change.The Singapo

    February 8, 2018 10:00 am JST
  • Nikkei Asia300 Index falls, dragged down by Chinese banks

    MUMBAI (NewsRise) -- Asian equities outside of Japan fell Wednesday, as losses in heavyweight stocks overshadowed an overnight rally in U.S. indexes.The Nikkei Asia300 Index declined 0.7% to 1,416.66, adding to Tuesday's tumble of more than 3%. Chin

    February 7, 2018 08:43 pm JST
  • Malaysia stocks advance tracking Wall Street recovery, Singapore shares decline

    KUALA LUMPUR (Nikkei Markets) -- Malaysia shares rose Wednesday, boosted by an overnight rebound on Wall Street that saw the S&P 500 Index jump the most in more than a year.Singapore equities closed lower, as losses in lenders ahead of earnings by D

    February 7, 2018 07:29 pm JST
  • Asian manufacturers make strong start to 2018

    HONG KONG -- Asian manufacturers started the year strongly as global trade picked up in January, the latest Nikkei Manufacturing Purchasing Managers' Index (PMI) survey shows.Nine of 11 Asian economies surveyed saw an expansion of manufacturing acti

    February 7, 2018 01:50 pm JST
  • Asian stocks rally after Wall Street rebound

    TOKYO -- Asian stocks are following the rebound in the U.S. equity market, just as they trailed Wall Street off a cliff earlier in the week.In Hong Kong, the benchmark Hang Seng Index opened 2.55% higher on Wednesday morning. Index heavyweights such

    February 7, 2018 01:26 pm JST