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  • Export growth brings currency headaches for Asia

    SINGAPORE/MUMBAI Pasir Panjang, a port in southern Singapore, is bustling with activity. Total container throughput in August rose 9.9% on the year to 2.94 million TEUs (twenty-foot equivalent units), according to the Maritime and Port Authority of

    September 21, 2017 10:00 am JST
  • Duterte tightens the screws on Mindanao extremists

    MANILA/SINGAPORE As the Philippine military enters the final stretch of its mission to liberate the city of Marawi from Islamist rebels, the challenge for President Rodrigo Duterte is to prevent the violence from spilling beyond the southern island

    September 21, 2017 10:00 am JST
  • Richard Heydarian: ASEAN can act as a bridge for the two Koreas

    The Association of Southeast Asian Nations could play an effective role in easing tensions over North Korea's nuclear and missile program because of its ties with both Koreas.North Korea appears well on its way to becoming a nuclear power. As the wo

    September 21, 2017 10:00 am JST
  • Interview

    Philippine antitrust watchdog asks Duterte for big personnel boost

    MANILA -- The Philippines' antitrust watchdog plans to significantly bolster its manpower as it braces for a "deluge" of complaints on monopolies, cartels and other anti-competitive practices. "We are submitting a proposal to the Office of the Presi

    September 20, 2017 11:00 am JST
  • Alliance Global launches $100 million share buyback program

    MANILA -- Philippine conglomerate Alliance Global Group on Tuesday launched a 5-billion peso (approximately $100 million) share repurchase program. Shares of the company rose 2.17% after morning trading, when the two-year program was announced. Grou

    September 19, 2017 06:18 pm JST
  • William Pesek

    Philippine peso flashes warning signs for Dutertenomics

    Strongman Rodrigo Duterte is presiding over one of the world's peppiest economies. Philippine growth is a China-like 6.5%, a long-delayed infrastructure boom is picking up pace and tourists are flocking to the archipelago's bevy of white-sand beache

    September 19, 2017 02:35 pm JST
  • Export growth brings currency headaches for Asia

    SINGAPORE/MUMBAI -- Pasir Panjang, a port in southern Singapore, is bustling with activity. Total container throughput in August rose 9.9% on the year to 2.94 million TEUs (twenty-foot equivalent units), according to the Maritime and Port Authority

    September 19, 2017 12:05 pm JST
  • ASEAN seeks strong Japanese presence in Asia to counter China

    TOKYO -- Japanese Prime Minister Shinzo Abe on Thursday met his Indian counterpart Narendra Modi -- his closest political friend in Asia -- for the tenth time. The two, both conservative politicians, became good friends about a decade ago, when Modi

    September 19, 2017 08:15 am JST
  • Suntory, Asahi go on Asian offensive with shochu cocktails

    TOKYO -- Suntory Holdings, Asahi Group Holdings and other Japanese alcohol beverage companies are actively expanding sales of shochu cocktails in greater Asia to serve the growing demand from travelers who return from their visits to Japan.Cocktails

    September 19, 2017 01:52 am JST
  • Emerging market stocks break records as money gushes in

    BANGKOK -- Waning prospects for higher U.S. interest rates have freed investors to pour money into emerging equity markets, with leading benchmarks in the Philippines, Brazil and elsewhere posting all-time highs in recent weeks.The Philippine Stock

    September 18, 2017 03:14 am JST
  • Philippine shares renew all-time high for a second day

    MANILA -- Philippine share prices reached a new all-time high Friday, renewing the previous day's record and fueling hopes for a bull market. The benchmark Philippine Stock Exchange index rose 0.44% to close at 8,180.85. The index is up 19.59% so fa

    September 15, 2017 08:35 pm JST
  • US needs to shift North Korea policy to deterrence: expert

    SINGAPORE -- The latest sanctions on North Korea agreed at the United Nations Security Council are important, but not sufficient to stop Kim Jong Un's ambition to make his country a nuclear-armed state, a prominent political expert said in an interv

    September 15, 2017 04:46 pm JST
  • Trump says he will visit Japan, South Korea, China in November

    WASHINGTON (Kyodo) -- U.S. President Donald Trump said Thursday he will visit Japan, China and South Korea in November in a tour that may also include Vietnam and the Philippines for regional summits.Speaking to journalists on his way back to Washin

    September 15, 2017 09:01 am JST
  • Philippine business group alarmed by impeachment complaints

    MANILA -- A prominent Philippine business group expressed alarm over a flurry of impeachment complaints in the country, warning they could sideline legislative reforms and erode investor confidence."We are deeply concerned over the unprecedented num

    September 14, 2017 08:07 pm JST
  • Steve Bannon on US-Asia trade: interview transcript

    HONG KONG -- Steve Bannon came to public prominence after Donald Trump named him to be the chief executive of his presidential campaign in August 2016. After Trump's surprise victory, he named Bannon, seen as among his closest advisers and an advoca

    September 14, 2017 01:04 pm JST
  • Interview

    Bannon: Trump right to pressure both Koreas

    HONG KONG -- The tense nuclear confrontation with North Korea is no reason for the U.S. to hold back from revising or canceling its free-trade agreement with ally South Korea in the view of Steve Bannon, former chief strategist for President Donald

    September 14, 2017 01:04 pm JST
  • Philippines works to contain, finish extremists in Mindanao

    MANILA/SINGAPORE -- As Philippine President Rodrigo Duterte's forces fight to regain control over Marawi, where more than 850 people have died since extremist militants took the city in May, he also faces the challenge of preventing the violence fro

    September 14, 2017 10:55 am JST
  • Maria Lettini: Think twice before beefing up on Asian meat

    Asian demand for meat is expected to continue to grow strongly over the next decade, and investors hungry for double-digit returns are increasingly attracted by the potential opportunities. Asia's rapidly industrializing animal protein companies are

    September 14, 2017 10:00 am JST
  • ASEAN manufacturing improves on rising global trade

    HONG KONG Buoyed by a continuing recovery in global trade, Asian manufacturing improved in August, with eight of the 12 economies surveyed by the Nikkei showing a pickup and just four in contractionary territory. Economists, however, generally belie

    September 14, 2017 10:00 am JST
  • Trump dusts off 'pivot to Asia' with November tour

    WASHINGTON -- President Donald Trump seems to be taking notes from predecessor Barack Obama's "pivot to Asia" as he prepares for his first trip there since assuming office, hoping for greater cooperation from key regional players on issues ranging f

    September 14, 2017 03:58 am JST