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  • Carmakers helped foster ASEAN's growth: Ex-Nissan COO

    TOKYO In the 1980s, fewer than 500,000 cars were sold in the ASEAN region annually. In 2016, the figure was more than six times higher, at 3.2 million. The initially modest size of the auto market in Southeast Asia led to a unique division of labor

    July 27, 2017 10:00 am JST
  • Lazada guiding parent Alibaba's Southeast Asian offensive

    HONG KONG -- Online retailer Lazada is working with parent Alibaba Group Holding to bring the Chinese heavyweight's popular online marketplace and suite of digital services to shoppers across Southeast Asia.The Singapore-based e-tailer added a new s

    July 27, 2017 12:35 am JST
  • Nikkei Asia300 index little changed before Fed policy outcome

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan ended little changed on Wednesday, as investors overlooked positive cues from the Wall Street overnight ahead of the U.S. Federal Reserve's monetary policy decision.The Nikkei Asia300 index

    July 26, 2017 08:10 pm JST
  • ASEAN AT 50

    ASEAN integration evolved with auto industry's value chain: Nissan ex-COO

    TOKYO -- Automobiles have become a key industry among members of the Association of Southeast Asian Nations, with over 3 million new cars sold in 2016. Behind this expansion in the past decades has been the region's efficient division of labor. In a

    July 26, 2017 08:00 pm JST
  • Singapore's robust manufacturing data points to upward revision for Q2 GDP

    SINGAPORE (Nikkei Markets) -- Production at Singapore's factories and industrial facilities grew more than expected last month, raising the likelihood of an upward revision to the city-state's second-quarter growth figures.Data from the Singapore Ec

    July 26, 2017 07:55 pm JST
  • Singapore, Malaysia stocks post gains ahead of Fed policy review

    SINGAPORE (Nikkei Markets) -- Singapore shares rose Wednesday, led by gains in banking stocks after U.S. bond yields advanced ahead of the Federal Reserve's monetary policy decision. Malaysian equities also edged higher.U.S. stocks climbed to record

    July 26, 2017 07:41 pm JST
  • Aging Asia's trillion-dollar business opportunity

    As Asia ages, businesses catering to the elderly are swelling along with the demographic. So alluring is the growth potential that even companies with no prior experience in this segment are rushing in, from property developers to newspaper operator

    July 26, 2017 11:59 am JST
  • SoftBank seeking multibillion dollar stake in Uber: WSJ

    NEW YORK (Kyodo) -- Japan's SoftBank Group Corp. is pushing to take a multibillion dollar stake in Uber Technologies Inc., the Wall Street Journal reported Tuesday, citing people familiar with the matter.According to the report, the sources said Sof

    July 26, 2017 10:25 am JST
  • Singapore Airlines' LCC arm Scoot to fly to Honolulu via Osaka

    SINGAPORE -- Singapore Airlines' low-cost arm Scoot announced on Tuesday that it will fly a new route, to Honolulu via Osaka. The route will give a new low-cost option for Japanese travelers to popular holiday destinations Hawaii and Singapore. It a

    July 25, 2017 09:45 pm JST
  • Nikkei Asia300 index falls as airline, property developers decline

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan fell Tuesday, led by decline in airlines and as Hong Kong property developers slipped ahead of the start of the U.S. Federal Reserve's two-day policy review.The Nikkei Asia300 index fell 0.

    July 25, 2017 09:12 pm JST
  • Low cost, transparency boost ETFs in Asia, information gaps a limitation

    SINGAPORE (Nikkei Markets) -- Exchange traded funds are making inroads into Asia, thanks to their lower fees and promise of higher returns. However, the popularity of this passive asset class is limited by the opacity of markets in developing countr

    July 25, 2017 08:29 pm JST
  • Singapore stocks edge higher on OCBC gains; Malaysia shares little changed

    SINGAPORE (Nikkei Markets) -- Singapore shares rose Tuesday, helped by gains in Oversea-Chinese Banking Corp. ahead of earnings and after its insurance arm reported second-quarter profit more than doubled. Malaysia stocks were little changed.OCBC ad

    July 25, 2017 08:17 pm JST
  • Chinese tech companies take the lead in battle for Southeast Asia

    SINGAPORE -- The $2 billion investment by China's Didi Chuxing and Japan's SoftBank Group into Southeast Asian riding-hailing company Grab marks a new record for venture fundraising in the region. But it may be surpassed sometime soon as Chinese tec

    July 25, 2017 11:06 am JST
  • Waning medical tourism forces rethink in Singapore

    SINGAPORE -- The Mount Elizabeth Novena hospital is a sprawling, modern complex just north of Singapore's central business district. Inside, it is packed with small, specialist clinics -- a high-class mega-mall for medicine that serves the local mar

    July 25, 2017 10:27 am JST
  • Didi, SoftBank aim to encircle Uber with Grab funding

    CHONGQING -- The race to capitalize on Southeast Asia's tech-driven sharing economy is sizzling as Didi Chuxing and SoftBank Group move to push back against U.S. titan Uber Technologies in their backyard with their new $2 billion investment in Grab,

    July 25, 2017 08:00 am JST
  • CapitaLand residence arm goes on US, Australian buying spree

    SINGAPORE -- CapitaLand unit Ascott has made its second acquisition this month as the serviced-residence subsidiary of Southeast Asia's largest real estate company moves aggressively to expand its presence in the U.S., Australia and beyond.Ascott wi

    July 25, 2017 12:54 am JST
  • Singapore shares fall ahead of bank earnings, Malaysia stocks gain

    SINGAPORE (Nikkei Markets) -- Singapore shares edged lower on Monday as investors awaited earnings from the city-state's main banks. Malaysia stocks, led by DiGi.Com, edged higher.Most Asian markets were lackluster on Monday following tepid cues fro

    July 24, 2017 09:09 pm JST
  • Nikkei Asia300 index advances as Tencent, mainland stocks gain

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose Monday, led by Tencent Holdings and other mainland companies.The Nikkei Asia300 index rose 0.6% to 1,292.08. Heavyweight Tencent closed above HK$300 for the first time, advancing 1.8%

    July 24, 2017 08:56 pm JST
  • CapitaLand's Ascott buys US accommodation provider for $33.7m

    SINGAPORE (Nikkei Markets) -- CapitaLand's wholly owned serviced residence business unit, The Ascott, will acquire an 80% stake in US accommodation provider Synergy Global Housing for $33.7 million, in a move that will triple its US portfolio to aro

    July 24, 2017 09:28 am JST
  • Prospects fade for ASEAN migrant worker deal

    JAKARTA -- Official crackdowns on emigrants in Malaysia and Thailand have cast further doubt on over prospects that member countries of the Association of Southeast Asian Nations can finalize a long discussed deal on migrant workers' rights.In June

    July 22, 2017 02:00 pm JST