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  • Grab to expand driver network with Samsung tie-up

    SINGAPORE -- Ride-hailing app provider Grab plans to secure and expand its driver network by offering incentives through a tie-up with Samsung Electronics, as the Singapore-based operator faces strong competitions in the region.Grab said Thursday th

    February 1, 2018 09:26 pm JST
  • Banks fuel gains in Singapore stocks after Fed policy

    SINGAPORE (Nikkei Markets) -- Singapore equities advanced Thursday, as banking shares rose after the conclusion of the U.S. Federal Reserve's policy meeting.The Straits Times Index added 0.4% to close at 3,547.23.The Fed, following its two-day polic

    February 1, 2018 08:03 pm JST
  • Democratic conditions 'fall sharply' in Asia

    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 U

    February 1, 2018 12:50 pm JST
  • China becomes Indonesia's No. 2 investor with infrastructure drive

    JAKARTA -- China became Indonesia's second-biggest source of foreign direct investment in 2017, and officials in Jakarta are saying they expect the Chinese inflows will only continue to swell. China overtook Japan on the Southeast Asian country's in

    February 1, 2018 11:00 am JST
  • Southeast Asia's airlines feel fuel price pinch

    SINGAPORE Airlines in Southeast Asia will have to bear with "meager" profit in 2018 because of rising fuel prices and intense competition, the Sydney-based aviation think tank CAPA said.On the positive front, passenger yield, an indicator of ticket

    February 1, 2018 10:00 am JST
  • Asia's MBA schools rise up the FT's ranks

    TOKYO Asia has become the key driver of the world economy, and with this has come the need for top-tier management talent. The region is better positioned than ever meet that demand, as shown in the latest Financial Times' MBA ranking published Jan.

    February 1, 2018 10:00 am JST
  • ST Engineering moves beyond defense

    SINGAPORE Singapore Technologies Engineering is on the lookout for acquisition opportunities, says President and CEO Vincent Chong. In addition to building new businesses -- such as robotics and cybersecurity -- the company is also keen to hone new

    February 1, 2018 10:00 am JST
  • Modi fetes ASEAN leaders at India's Republic Day celebration

    NEW DELHI For the first time in its history, India's Republic Day parade had not one but 10 guests of honor: the leaders of all members of the Association of Southeast Asian Nations. The expanded guest list for the Jan. 26 event is a reflection of t

    February 1, 2018 10:00 am JST
  • Japan Market Pulse

    Japan Inc. faces new age of shareholder accountability

    TOKYO -- As shareholders approach deadlines to submit proposals for annual meetings, one closely-watched resolution crafted by Nippon Paint Holdings' biggest stockholder has the potential to become a test case for corporate governance reform.Wuthela

    February 1, 2018 03:37 am JST
  • Nikkei Asia300 Index little changed as U.S. stocks extend fall

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed on Wednesday, after U.S. indexes extended losses and data showed China's manufacturing growth slowed this month.Samsung Electronics edged higher after announcing a stock split.T

    January 31, 2018 08:48 pm JST
  • Singapore shares drop to two-week lows as real estate firms retreat

    SINGAPORE (Nikkei Markets) -- Singapore shares fell to a two-week low on Wednesday, weighed by the retreat in rate-sensitive real estate firms ahead of the U.S. Federal Reserve's monetary policy decision.The Straits Times Index declined 0.4% to 3,53

    January 31, 2018 07:58 pm JST
  • Singapore companies echo growth projections, become less bullish

    SINGAPORE (Nikkei Markets) -- Singapore companies have become less optimistic about prospects in coming months, two sentiment surveys showed, a further sign that economic growth could slow from the stellar pace of last year.The Singapore Economic De

    January 31, 2018 04:37 pm JST
  • Cover story

    Inside Asia's bitcoin economy

    SHANGHAI -- On Jan. 6, a leaked photograph of an official notice from China's internet finance regulator began to circulate on Twitter. The statement, released by the authorities two days earlier, told local governments to stop subsidizing companies

    January 31, 2018 03:39 pm JST
  • Don't understand cryptocurrencies? You're not alone

    Bitcoin and cryptocurrencyCryptocurrencies are based on modern cryptology technology rather than on physical materials, like precious metals or paper money. Bitcoin and other existing cryptocurrencies are managed by a network of computers scattered

    January 31, 2018 03:39 pm JST
  • Blackstone bets big on Wall St. information business with Thomson Reuters deal

    LONDON/NEW YORK (Reuters) -- U.S. private equity firm Blackstone Group LP catapulted itself into the major leagues of Wall Street's financial information industry on Tuesday with the acquisition of a majority stake in the Financial and Risk business

    January 31, 2018 01:53 pm JST
  • Interview

    ST Engineering busily boosting strengths in robotics, cybersecurity

    SINGAPORE -- Singapore Technologies Engineering is on the lookout for acquisition opportunities, according to President and CEO Vincent Chong. It is targeting new strengths in not only the new businesses it is building -- such as robotics and cybers

    January 31, 2018 12:40 pm JST
  • Chaoni Huang

    ASEAN has chance to rival China in green bonds

    If China can take the world of green bonds by storm, can Southeast Asia?A 2 billion ringgit ($507 million) securities issue by Permodalan Nasional, an asset manager controlled by the Malaysian government, in November marked the first use of the new

    January 31, 2018 07:00 am JST
  • Interview

    Ride-hailing app Grab to launch autonomous taxis before 2022

    TOKYO -- Southeast Asian ride-hailing app operator Grab is planning to launch autonomous taxis on the roads before 2022.In an interview with Nikkei Asian Review in Tokyo, Grab President Ming Maa said the company wants to commercialize its robo-taxi

    January 30, 2018 08:26 pm JST
  • Singapore, Malaysia stocks fall as rising bond yields hurt equities

    KUALA LUMPUR (Nikkei Markets) -- Stocks in Singapore and Malaysia fell Tuesday, as concerns over rising U.S. bond yields triggered a decline in regional indexes.Singapore's Straits Times Index dropped 0.8% to 3,548.74, while the FTSE Bursa Malaysia

    January 30, 2018 07:43 pm JST
  • Noble Group shares tumble after debt restructuring proposal

    SINGAPORE (Nikkei Markets) -- Shares of embattled commodities trader Noble Group plunged on Tuesday after it outlined a debt restructuring plan that will leave existing shareholders with just 10% of the company.Noble, which is based in Hong Kong but

    January 30, 2018 06:00 pm JST