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  • Nikkei Asia300 Index gains as Tencent rises to record

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Monday, as index heavyweight Tencent Holdings hit another record high and Thailand economy's expanded at the fastest pace in more than four years.The Nikkei Asia300 Index added 0.2% to close at

    November 20, 2017 08:55 pm JST
  • New tuberculosis drug making its way to India and Russia

    TOKYO -- With tuberculosis killing 1.67 million people every year, Otsuka Pharmaceutical is expediting deliveries of a new drug called Delamanid to India and other developing countries that are desperate for a cure.Along way it has been forming part

    November 19, 2017 11:03 pm JST
  • Trudeau steals hearts and ruffles feathers in Asia

    MANILA -- A din of giggles, whispers and squeals greeted Canadian Prime Minister Justin Trudeau as he strode into the hall where most journalists were confined during the recent Association of Southeast Asian Nations summits.With media garrisoned ab

    November 18, 2017 09:00 am JST
  • Trader Mitsubishi wins $260m-plus rail car order in Philippines

    TOKYO -- Mitsubishi Corp. will supply 120 train cars for a light rail transit system in Manila, in a roughly 30 billion yen ($267 million) order that marks the Japanese trading house's first contract to provide rolling stock in the Philippines. The

    November 18, 2017 03:21 am JST
  • Nissan, Mitsubishi Motors to share truck platform in SE Asia

    BANGKOK -- Japanese automakers Nissan Motor and Mitsubishi Motors will share a common platform on pickup trucks in Southeast Asia beginning with the next-generation models due to hit the market around 2021, hoping to cut costs through joint producti

    November 18, 2017 12:22 am JST
  • Malaysia's CIMB fills 'missing link' with Philippine bank license

    KUALA LUMPUR -- CIMB Group Holdings has received approval to open a branch in the Philippines, giving the Malaysian lender a presence across the entire Association of Southeast Asian Nations bloc.This is the first time the Monetary Board of the Bang

    November 17, 2017 05:57 pm JST
  • Nikkei Asia300 Index gains as Tencent rises after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Thursday, as Tencent Holdings paced a rally in technology shares after upbeat third-quarter earnings.The Nikkei Asia300 Index rose 0.8% to 1,380.25.Index heavyweight Tencent advanced 2.3% a

    November 16, 2017 08:28 pm JST
  • Philippines Q3 growth surprises despite weaker consumption

    MANILA -- The Philippine economy grew 6.9% in the third quarter despite a deceleration in consumer spending, the country's main driver, the government reported on Thursday.The third quarter performance brought the country's gross domestic product gr

    November 16, 2017 07:18 pm JST
  • Richard Heydarian

    Duterte talks to Trump but leans to Xi

    In a remarkable departure from his often-rambunctious rhetoric, Philippine President Rodrigo Duterte hosted this week's summit of Asian and global leaders in a surprisingly statesmanlike fashion.Even the showpiece of the gathering -- a convivial hob

    November 16, 2017 01:00 pm JST
  • Philippine economy grows by 6.9% in Q3

    MANILA -- The Philippine economy grew by more than 6% for the ninth straight quarter, with gross domestic product hitting 6.9% from July to September, the government reported on Thursday. The figure puts the economy on track to meet the government's

    November 16, 2017 11:47 am JST
  • The TPP 11 rekindle multilateral trade hopes as Trump looks on

    DANANG, Vietnam When Japanese Minister of Economic Revitalization Toshimitsu Motegi walked into the press briefing room at the International Media Center in Danang on Nov. 11, his expression told many stories. One of them was of fatigue, as was to b

    November 16, 2017 10:00 am JST
  • Duterte says the South China Sea dispute is better left untouched

    MANILA Following bilateral talks with Chinese President Xi Jinping the previous day, Philippine President Rodrigo Duterte said on Nov. 12 that a territorial dispute in the South China Sea between China and five Asian countries, including the Philipp

    November 16, 2017 10:00 am JST
  • Can an 'America first' approach restore US leadership in Asia?

    DANANG, Vietnam U.S. President Donald Trump has made it clear -- finally -- that America intends to stay involved in the Asia-Pacific region. What is far less certain is whether bilateral deals that put "America first" will be enough to curb China's

    November 16, 2017 10:00 am JST
  • Southeast Asian auto sales make a comeback

    BANGKOK The Southeast Asian auto market is set to have a second straight year of growth, thanks especially to Thailand and the Philippines, where sales have been particularly strong.New-auto sales in six major countries in the region climbed 5% on t

    November 16, 2017 10:00 am JST
  • Trump: China agrees North Korea nuclear weapon freeze not enough

    WASHINGTON (AP) -- President Donald Trump said Wednesday that the U.S. and China agree that North Korea cannot just freeze its nuclear weapons program in exchange for concessions and that it must eliminate its arsenal.Trump was restating a long-stan

    November 16, 2017 07:08 am JST
  • China proposes long-term economic cooperation with Philippines

    MANILA -- Chinese Premier Li Keqiang on Wednesday pitched a long-term economic cooperation plan with Philippine President Rodrigo Duterte to cement the "positive turnaround" in diplomatic relations between the former maritime rivals. Li, who was in

    November 15, 2017 09:28 pm JST
  • Lift taxes for Southeast Asian infrastructure push: OECD

    MANILA -- Southeast Asian governments need to collect more taxes to sustain the region's infrastructure expansion, the Organization for Economic Development Development Center said in a report published Wednesday.In the OECD's latest outlook for eme

    November 15, 2017 08:23 pm JST
  • Asia Insight

    Xi Jinping bests Trump in Asia-Pacific diplomacy

    HANOI -- The hospitality U.S. President Donald Trump received on his tour of Asia was so warm that he may have felt more at home than in Washington, where he is constantly sparring with the media. But while Trump was relishing the red-carpet treatme

    November 15, 2017 06:00 am JST
  • Duterte berates Canada's Trudeau at end of Philippines summit

    MANILA (Reuters) -- Philippines President Rodrigo Duterte attacked Canada's Justin Trudeau at the end of a summit of Asian and Western nations for raising questions about his war on drugs, a topic skirted by other leaders, including U.S. President D

    November 15, 2017 03:58 am JST
  • South China Sea dispute 'toned down' at ASEAN meeting

    MANILA -- Competing claims over territory in the South China Sea, which have long held center stage at meetings of the Association of Southeast Asian Nations, have been getting less attention at the current ASEAN summit and in related meetings being

    November 14, 2017 11:12 pm JST