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  • 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
  • ASEAN AT 50: Michael Vatikiotis

    For ASEAN, collective security is key to future

    The Association of Southeast Asian Nations was initially forged as a mechanism for managing collective security and so it is fitting that after a half century of existence, the organization should be judged on how successful it has managed the regio

    August 6, 2017 10:00 am JST
  • Vietnam defies China's maritime aggression

    MANILA -- Vietnam has emerged as Southeast Asia's loudest voice in resisting China's expansionist moves in the South China Sea.At a meeting of foreign ministers from the Association of Southeast Asian Nations that began here on Saturday, the Vietnam

    August 6, 2017 03:02 am JST
  • ASEAN firmly condemns North Korean missile tests

    MANILA -- Foreign ministers of the Association of Southeast Asian Nations (ASEAN) urged North Korea on Saturday to desist from raising tensions on the Korean Peninsula after the isolated communist nation successfully tested two long-range missiles l

    August 5, 2017 07:44 pm JST
  • Singapore bans Chinese-American scholar as foreign agent

    SINGAPORE (AP) -- Singapore's government on Friday declared a scholar of Chinese studies with a prestigious appointment at a local think tank persona non grata, alleging that he has been identified as an agent of influence of a foreign country.An an

    August 5, 2017 02:12 pm JST
  • Singapore's 3 major banks enjoy higher quarterly profits

    SINGAPORE -- The three top banks in Singapore posted net profit growth for the April-June quarter, driven by strength in both lending and fee income.DBS Group Holdings, the biggest player in the country, on Friday announced an 8% year-on-year profit

    August 5, 2017 02:35 am JST
  • UOL warns of risk from high Singapore land prices as Q2 net profit rises 59%

    SINGAPORE (Nikkei Markets) -- UOL Group, a large Singapore developer and hotelier, reported a 59% jump in second-quarter net profit but warned that residential land prices in the city-state may have run ahead of fundamentals and added that builders

    August 4, 2017 09:42 pm JST