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  • Nikkei Asia300 Index edges lower, dragged by South Korean stocks

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan edged lower, weighed by losses in South Korea after heavyweight Samsung Electronics posted its biggest single-day drop this month.The Nikkei Asia300 Index ended 0.1% lower at 1,388.Samsung Electr

    December 21, 2017 09:08 pm JST
  • Kawaii fashion heading to the Philippines

    TOKYO -- The operator of Tokyo Girls Collection, one of Japan's largest fashion events, in May will open a store in the Philippines.The boutique will open at Vertis North, a large commercial complex in Quezon City, Greater Manila. W Tokyo, the opera

    December 21, 2017 02:00 pm JST
  • Philippine tax reform will add to Duterte's infrastructure war chest

    MANILA The Philippines has paved the way for a massive infrastructure program, as parliament on Dec. 13 formally approved the first phase of President Rodrigo Duterte's tax reforms.The country's Senate and House of Representatives ratified a reconci

    December 21, 2017 10:00 am JST
  • When it comes to rate hikes, Asia still follows the US lead

    TOKYO China's central bank followed suit almost immediately after the U.S. Federal Reserve raised rates for the third time this year, a sign that American monetary policy still generally drives monetary policy in Asia.Just hours after the Fed rate i

    December 21, 2017 10:00 am JST
  • Singtel is on the hunt for digital opportunities

    SINGAPORE Singapore Telecommunications is leading a group of six major Asia-Pacific telecommunication operators as it goes on the hunt for opportunities to cooperate with -- and possibly invest in -- digital businesses. Arthur Lang, who became chief

    December 21, 2017 10:00 am JST
  • China Telecom aims to set up services in the Philippines

    MANILA A possible bid by China Telecom to break the Philippines' telecommunications duopoly has excited potential local partners, but it has also stirred security concerns.China Telecom has been endorsed by the Chinese government to invest in the $5

    December 21, 2017 10:00 am JST
  • Nikkei Asia300 little changed after Wall Street pulls back

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan ended little changed on Wednesday after U.S. equity indexes retreated from record highs overnight.The Nikkei Asia300 fell 0.03% to 1,389.34.Wednesday's tepid trade in Asia came as investors appea

    December 20, 2017 08:34 pm JST
  • Philippines' PLDT readies 'historic' spending as China Telecom looms

    MANILA -- Philippine telecommunications leader PLDT is preparing a "historic" capital expenditure of nearly 50 billion pesos ($992.4 million) next year to upgrade its fixed-line and wireless infrastructure, CEO Manuel Pangilinan said on Wednesday, a

    December 20, 2017 08:34 pm JST
  • Gains from Duterte's tax reform to fall short of spending

    MANILA -- President Rodrigo Duterte on Tuesday signed a 2018 spending plan centered on massive infrastructure build-out as well as a tax reform program to partly fund his populist budget.Duterte's administration plans to spend a record 3.8 trillion

    December 19, 2017 09:10 pm JST
  • Nikkei Asia300 rises after Wall Street swells on tax cut hopes

    NEW DELHI (NewsRise) -- Asian stocks advanced Tuesday after U.S. equity indexes extended their record-run amid optimism surrounding a tax overhaul in the world's largest economy.The Nikkei Asia300 Index rose 0.4% to 1,389.76. Technology heavyweights

    December 19, 2017 08:26 pm JST
  • San Miguel buys 630MW Masinloc power plant for $1.9bn

    MANILA -- Philippine conglomerate San Miguel, known for its eponymous beer, has acquired a power plant in the northern town of Masinloc with generating capacity of 630 megawatts for $1.9 billion -- one of the largest-ever deals in the Philippines' p

    December 19, 2017 02:44 pm JST
  • Nikkei Asia300 rises after US indexes set records on tax cut bets

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced following a record-setting session on Wall Street amid optimism over U.S. corporate tax cuts as voting on the long-awaited overhaul draws near.The Nikkei Asia300 Index added 0.5% to 1,384.8

    December 18, 2017 08:49 pm JST
  • Philippines' Aboitiz Group eyes Chinese partners for expansion

    MANILA -- Aboitiz Group of the Philippines is looking at Chinese partners to help it expand at home and overseas, as the local conglomerate capitalizes on the two countries' deepening ties.Officials of Aboitiz Construction, a privately held unit of

    December 18, 2017 07:34 pm JST
  • Philippines' Globe Telecom building mobile payment alliance

    MANILA -- The Philippines' Globe Telecom is building a stable of retail partnerships around its smartphone payment platform, seeking to rekindle growth amid the ongoing struggle to retain subscribers to its mobile phone service.Globe, an affiliate o

    December 18, 2017 12:30 pm JST
  • Nikkei Asia300 Index falls tracking Wall Street losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday as uncertainty over U.S. tax reforms damped investors' risk appetite.Indian shares rallied, bucking the trend, after exit polls predicted a victory for Prime Minister Narendra Modi's Bha

    December 15, 2017 08:24 pm JST
  • Datawatch

    Asian democracies on upward trend in corruption fight

    LONDON -- With many Asian countries making the transition to democracy since the 1970s, representative government and media integrity have been pivotal in the region's fight against political corruption.Research published last month by the Internati

    December 15, 2017 01:10 pm JST
  • Japan's bitcoin trading platforms extend to Asia and beyond

    TOKYO -- Seeking fresh channels for growth, cryptocurrency trading platforms in Japan -- the world's biggest market -- are branching out to other parts of Asia and beyond.Quoine is launching in the Philippines next year. Bitpoint Japan, a subsidiary

    December 15, 2017 06:49 am JST
  • Nikkei Asia300 Index gains as Fed sticks to rate hike forecasts

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday after the U.S. Federal Reserve retained its forecast of three rate increases for next year.The Nikkei Asia300 Index advanced 0.3% to 1,383.61, paced by a rally in Chinese and Hong Kong

    December 14, 2017 08:53 pm JST
  • China Telecom's proposed entry into Philippines draws concern

    MANILA -- China Telecom's possible bid to break the Philippines' telecommunications duopoly has excited potential local partners, but it has also stirred security concerns.China Telecom has been endorsed by the Chinese government to invest in the $5

    December 14, 2017 05:59 pm JST
  • US rate hike triggers Asian increases

    TOKYO -- China's central bank raised interest rates Thursday after the U.S. Federal Reserve raised rates for the third time this year overnight in a sign that the U.S. monetary policy still generally drives monetary policy in Asia.Just hours after t

    December 14, 2017 02:40 pm JST