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  • Cover story

    Religious extremism poses threat to ASEAN's growth

    YANGON/JAKARTA -- With Mt. Agung billowing volcanic ash into the sky above his home in Bali, Khairy Susanto was unsure if he could fly back after joining tens of thousands of fellow Indonesian Islamists at a rally near the presidential palace in Jak

    December 13, 2017 03:14 pm JST
  • Ugly social media wars fueling intolerance in Asia

    JAKARTA/YANGON -- An ugly new campaign against Muslims in Myanmar began around 2012 via social media, led by Buddhist supremacists and other anti-Muslim groups employing highly targeted attacks. One tactic involved posting photographs and addresses

    December 13, 2017 03:14 pm JST
  • Nikkei Asia300 Index falls as investors await Fed policy

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Tuesday, halting a three-session winning streak, as investors awaited cues on outlook for U.S. interest rates.The Nikkei Asia300 Index declined 0.5% to 1,373.84 after climbing over 2% over the

    December 12, 2017 08:52 pm JST
  • Philippine lender hurls allegations at Bangladeshi central bank

    MANILA -- Rizal Commercial Banking has turned the tables on Bangladesh Bank, which is planning to sue the Philippine lender for enabling cyberthieves to get away with $81 million from it early last year.In a defiant statement on Tueday, RCBC said th

    December 12, 2017 03:05 pm JST
  • Southeast Asia ready to embrace blockchain

    Southeast Asian central banks have a cautious stance on the rise of cryptocurrencies but adoption of the underlying technology, blockchain, appears inevitable.Speculative investment in cryptocurrencies doesn't pose systemic risks but greater regulat

    December 12, 2017 11:00 am JST
  • Honda shifts gear in the Philippines with bigger, flashier models

    MANILA -- After years of barely maintaining its lead in the Philippine motorcycle market -- despite its dominance in other Southeast Asian countries -- Honda Motor is waking up to shifting consumer trends in the country, pivoting away from light two

    December 12, 2017 03:11 am JST
  • Galaxy Entertainment's Philippine casino called 'game changer'

    MANILA -- Macau-based casino operator Galaxy Entertainment Group is planning to expand into the Philippines in an effort to capitalize on the growing Chinese tourism there, and its local partner predicts the move will be a "game changer" in the tour

    December 12, 2017 12:09 am JST
  • China Telecom earmarked as Philippines' 3rd telecoms player -Manila officials

    MANILA (Reuters) -- State-run China Telecom could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.P

    December 11, 2017 11:07 pm JST
  • Nikkei Asia300 Index gains as U.S. jobs data fuels risk appetite

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Monday, as an upbeat U.S. jobs report prompted a rally in global equity markets.The Nikkei Asia300 Index rose 0.9% to 1,380.22. Singapore's ComfortDelGro rallied 6.3% after the transport op

    December 11, 2017 09:01 pm JST
  • Duterte requests martial law extension as insurgents 'regroup'

    MANILA -- President Rodrigo Duterte on Monday asked lawmakers to extend martial law in the southern Philippines in order to "quell completely" all terror threats in the country.Duterte said terrorists who had escaped fighting in Marawi City have reg

    December 11, 2017 06:11 pm JST
  • Asia stocks to add to gains, say banks, fund managers

    SINGAPORE (Nikkei Markets) -- Asian stocks are likely to continue their rally in 2018, albeit at a slower pace, helped by double-digit earnings growth at home and the synchronized expansion in major economies.Many banks and fund managers of this vie

    December 11, 2017 03:02 pm JST
  • Philippines gets vote of confidence from Fitch

    MANILA -- Fitch Ratings on Monday raised its assessment of the Philippines' sovereign debt, saying the economy is strong, and insulated from President Rodrigo Duterte's drug war.The credit ratings agency upgraded the country's long-term credit ratin

    December 11, 2017 01:07 pm JST
  • Philippines' Duterte to seek one-year extension of Mindanao martial law

    MANILA (Reuters) -- Philippines President Rodrigo Duterte will ask Congress to extend martial law in the volatile southern island of Mindanao to quell an insurgency, cabinet officials said on Sunday.Duterte placed the restive region of 22 million pe

    December 11, 2017 09:25 am JST
  • Trade upturn sparks Asian manufacturing in November

    HONG KONG -- Strengthening economies on both sides of the Pacific are lifting global trade, as well as Asia's manufacturing sector. Six of the 12 economies surveyed by The Nikkei -- Taiwan, Japan, India, Malaysia, Singapore and the Philippines -- po

    December 11, 2017 09:00 am JST
  • Wall Street rally lifts Nikkei Asia300 Index as tech selloff eases

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday, boosted by an overnight rally on Wall Street and robust China trade data.The Nikkei Asia300 Index advanced 1% to 1,368.40, trimming the gauge's losses since last Friday to 0.4%. Hong-Ko

    December 8, 2017 08:46 pm JST
  • Forty-nine nations breached North Korea sanctions: report

    TOKYO -- As many as 49 countries have violated United Nations sanctions against North Korea one way or another, according to a recent report from a U.S. think tank. The findings suggest Asian neighbors, including Japan, and other countries still hav

    December 8, 2017 04:58 pm JST
  • Nikkei Asia300 Index little changed as tech firms gain, offsetting weak energy stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed as a rebound in technology heavyweights offset a fall in energy producers after Brent crude prices dropped to their lowest in more than a month.The Nikkei Asia300 Index ended al

    December 7, 2017 08:15 pm JST
  • India's economy to be world's No.3 by 2028: forecast

    TOKYO -- India and key Association of Southeast Asian Nations members will become increasingly vital drivers of Asian growth over the coming decade, while China's economy slows to a pace comparable with the U.S., new projections from the Japan Cente

    December 7, 2017 12:40 pm JST
  • Pope Francis clears a new path for Christianity in Asia

    YANGON/TOKYO On the third day of his recent visit to Myanmar, Pope Francis entered the Kaba Aye Center, one of the most important Buddhist temples in Yangon, with his shoes off in accordance with local customs.There, he delivered a message: "For whe

    December 7, 2017 10:00 am JST
  • Remembering former ASEAN Secretary-General Surin Pitsuwan

    BANGKOK In what would be his final interview, Surin Pitsuwan spoke passionately about a topic close to his heart: the future of the Association of Southeast Asian Nations. The former secretary-general of ASEAN died hours later of a heart attack in B

    December 7, 2017 10:00 am JST