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  • Singapore PMI rises to 51.3 in July

    TOKYO -- The Nikkei Singapore Purchasing Managers' Index rose to 51.3 in July from 50.7 in June, backed by stronger demand from overseas.In July, the New Export Order Index jumped from June's 50.0 to 56.8."July's survey revealed that rising foreign

    August 3, 2017 09:30 am JST
  • Japan, US seek partners at ASEAN forum to lean on North Korea

    MANILA -- With North Korea slated to take part in the ASEAN Regional Forum next week, Japan and the U.S. will look to coordinate with other participants to put pressure on the rogue state to halt its missile provocations.The Philippines, this year's

    August 3, 2017 07:12 am JST
  • With Amazon hot on its heels, StarHub is ready to find partners

    SINGAPORE -- With the entrance of Amazon.com to Singapore, the city-state's telecommunications company StarHub said it was open to collaborating with online rivals to enhance its Pay-TV content and service offerings."We know Amazon is more than just

    August 3, 2017 12:24 am JST
  • Asia's 'tiger cubs' will feast on FDI in next decade: Nomura

    SINGAPORE -- India and five key Southeast Asian countries can expect a surge in foreign direct investment in the years to come, according to a new report from Nomura. India and the so-called ASEAN 5 -- Indonesia, Malaysia, Thailand, the Philippines

    August 2, 2017 12:56 am JST
  • Singapore, Malaysia stocks advance as banks rebound

    SINGAPORE (Nikkei Markets) -- Singapore shares rose Tuesday, as a recovery in banking stocks outweighed a fall in heavyweight Singapore Telecommunications. Malaysia equities also advanced, helped by a rebound in lenders.Singapore's FTSE Straits Time

    August 1, 2017 08:38 pm JST
  • Nikkei Asia300 index advances as energy producers, insurers gain

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose Tuesday, as gains in crude oil prices prompted an advance in energy stocks and as earnings optimism boosted Chinese insurers. The Nikkei Asia300 Index advanced 0.4% to 1,297.71. H-shar

    August 1, 2017 08:21 pm JST
  • Richard Heydarian

    Duterte's moves could hasten regional 'Pax Sinica'

    In his second State of the Nation Address on July 24, Philippine President Rodrigo Duterte zeroed in on domestic security challenges, although in his role as current chairman of the Association of Southeast Asian Nations, regional issues loom large

    August 1, 2017 01:50 pm JST
  • ASEAN PMI falls to contraction in July

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, fell to contraction for the first time this year with falls in both output and total new orders.The composite indicator of manufacturing performance fell to 49.3 in July fro

    August 1, 2017 09:30 am JST
  • Southeast Asian auto market roaring back to life

    BANGKOK/HANOI -- Southeast Asia's automobile market continues to recover well from a yearslong slump, with the Philippines and Thailand driving solid growth in an increasingly important region for carmakers.This is particularly good news for Japanes

    August 1, 2017 08:39 am JST
  • Singapore stocks little changed ahead of key earnings, Malaysia shares fall

    SINGAPORE (Nikkei Markets) -- Singapore shares ended little changed as investors awaited a slew of earnings this week. Malaysia stocks fell, weighed by a selloff in banking heavyweights.Singapore's FTSE Straits Times Index lost less than 0.1% to 3,3

    July 31, 2017 08:12 pm JST
  • Malaysia Airports 2Q net profit jumps seven-fold

    KUALA LUMPUR (Nikkei Markets) -- Malaysia Airports Holdings said Monday its net profit for the second quarter surged more than seven-folds on year largely due to lower amortization and depreciation charges and strong domestic operations.Net profit f

    July 31, 2017 07:15 pm JST
  • Singapore sentiment surveys show softness in manufacturing, pickup in services

    SINGAPORE (Nikkei Markets) -- Singapore manufacturers have become slightly less optimistic about the outlook for the months ahead, but companies in the services sector have turned positive after nearly two years in the doldrums.The findings of the t

    July 31, 2017 06:57 pm JST
  • Singapore state fund Temasek making bigger bets

    SINGAPORE -- Singaporean state investment arm Temasek Holdings is directing more of its cash toward unlisted stocks and foreign companies in the hopes of improving returns and contributing more to the national coffers.Temasek's investment in unliste

    July 31, 2017 10:35 am JST
  • ASEAN AT 50

    Southeast Asian companies find ideal partners -- each other

    JAKARTA -- With their bright red and yellow signage, the Alfamart convenience stores sprouting up in Manila and other Philippine cities are hard to miss. But what really sets them apart is their parentage: In a market dominated by Japanese brands li

    July 31, 2017 09:30 am JST
  • Multinationals in Asia

    Unilever sees growth in bottom and top of Asian economic pyramid

    TOKYO/YANGON/MUMBAI -- At a small shop tucked into a residential neighborhood of Yangon, one peculiar set of items has emerged as a hit seller among the snacks and household staples on offer: single-use pouches of Unilever shampoo, which dangle from

    July 29, 2017 02:30 pm JST
  • ASEAN AT 50

    Toyota supply chain is Exhibit A of deepening ASEAN integration

    BANGKOK -- At Toyota Alabang, a Toyota Motor dealership in the suburbs of Manila, Neil Ramos sizes up the models on offer. Ramos, a local restaurant owner, is thinking about buying a new car to drive his 7-year-old daughter to and from school. His f

    July 29, 2017 10:37 am JST
  • Former Singapore Exchange CEO Magnus Bocker dies at 55

    SINGAPORE -- Former Singapore Exchange chief executive Magnus Bocker has died from cancer at 55 in the U.S. where he was receiving treatment.The Swede ran SGX from 2009 to 2015, and was credited for advances there in derivatives trading. In a tribut

    July 28, 2017 10:35 pm JST
  • Singapore, Malaysia stocks chalk weekly gains on bets for US Fed to hold back rate hike

    SINGAPORE (Nikkei Markets) -- Singapore shares fell Friday, led by banking stocks following United Overseas Bank's earnings, but still clinched a weekly advance amid doubts over future U.S. Federal Reserve rate increases.Malaysia equities also edged

    July 28, 2017 08:55 pm JST
  • Nikkei Asia300 index falls on technology stocks, almost erases weekly gains

    HONG KONG (Nikkei Markets) -- Technology stocks led Asian equities outside Japan lower on Friday, wiping off most of the accumulated gains for the week triggered by bets slowing inflation would prompt the U.S. Federal Reserve to hold back further ra

    July 28, 2017 08:52 pm JST
  • UOB quarterly profit up 5.5% as loan volume rises

    SINGAPORE -- United Overseas Bank lifted net profit for the April-June quarter by 5.5% on the year to 845 million Singapore dollars ($621 million), boosted by strong growth in loan and fee income.Bad loan allowance for the quarter was 11.9% higher t

    July 28, 2017 08:20 pm JST