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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
  • Indonesian house speaker arrested in graft case, stoking tensions

    JAKARTA -- Indonesia's house speaker, Setya Novanto, was arrested Monday following a hospital stay last week that the public widely regarded as another theatrical attempt to evade arrest on graft charges. Novanto is the leader of the Golkar Party, a

    November 20, 2017 01:29 pm JST
  • Business cries foul over plans for Indonesia e-commerce tax

    JAKARTA -- Resi Fahma, a young mother from the West Java city of Depok, relied on Instagram posts to generate sales when she launched a business selling homemade blackboards in 2015. Initially, business was slow, but sales almost doubled after she p

    November 19, 2017 06:58 pm 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
  • China, ASEAN still far from South China Sea code of conduct

    MANILA -- The leaders of China and the 10-member Association of Southeast Asian Nations (ASEAN) have formally endorsed the framework adopted by their foreign ministers in August for a code of conduct (COC) to handle overlapping territorial claims in

    November 17, 2017 11:59 pm JST
  • Telekomunikasi Indonesia buys logistics IT provider

    JAKARTA -- Indonesia's state-owned telecommunications carrier Telekomunikasi Indonesia, or Telkom, on Friday said it has agreed to buy local logistics information-technology provider Bosnet Distribution Indonesia for an undisclosed sum.The acquisiti

    November 17, 2017 10:33 pm JST
  • Singapore's ban on North Korea trade highlights tougher line

    SINGAPORE -- Singapore's recent ban on all commercial trade with North Korea, as the international community seeks to cool leader Kim Jong Un's nuclear ambitions. The move is in line with the increasingly tough steps that other Southeast Asian natio

    November 16, 2017 11:44 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
  • Indonesia House speaker may be put on fugitive list

    JAKARTA -- Indonesian House Speaker Setya Novanto may soon be put on a list of fugitives after he evaded arrest by anti-corruption officials on Wednesday over alleged involvement in a $170 million scam.Investigators from the Corruption Eradication C

    November 16, 2017 05:49 pm 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
  • The TPP aims to be a template for 21st-century trade deals

    SINGAPORE There is an invisible territorial struggle going on in East Asia.It is a battle not only to achieve freer trade of goods and investment but also to counter protectionist forces seeking to bring digital information under the control of thei

    November 16, 2017 10:00 am JST
  • Uniqlo aims for just local enough

    Uniqlo operator Fast Retailing is planning to expand its lineup of localized products without sacrificing its globally recognized identity."We will offer more variations [in our items] to meet our customers' growing need for modest clothing," Fast R

    November 16, 2017 10:00 am JST
  • Indonesia's Adaro Energy embraces 'self-disruption'

    Major Indonesian coal miner Adaro Energy, which in recent years has entered the domestic power plant business, is now looking to build power plants in neighboring countries in Southeast Asia.Garibaldi Thohir, the company's president director and CEO

    November 16, 2017 10:00 am JST
  • In search of Southeast Asia's colorful Peranakan culture

    It was during the 15th and 16th centuries that men from China's Fujian and Guangdong regions emigrated to a new world opening up along the Strait of Malacca. Some dreamed of striking it rich as traders. Others were merely looking to escape poverty o

    November 16, 2017 10:00 am JST
  • Indonesia begins consolidation of state-owned miners

    JAKARTA -- Indonesia finally began formal moves to merge four state-owned mining companies under one giant holding company, in order to allow it to take over large-scale concessions -- including one of the world's largest copper mines operated by U.

    November 16, 2017 12:49 am JST
  • Tenaga signs pact to build power plant in Indonesia

    KUALA LUMPUR (Nikkei Markets) -- Tenaga Nasional, Malaysia's national electric utility, said Wednesday it has signed an initial agreement with Indonesia's state-owned PLN (Persero) to develop a 400-megawatt power plant in Borneo island.The two-year

    November 15, 2017 08:41 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
  • Indonesia and Malaysia fire back at EU in palm oil war

    JAKARTA/KUALA LUMPUR -- Indonesia and Malaysia are considering joint action to counter possible European Union restrictions on the import of palm oil. The two countries, which account for 82% of global palm oil output, raised the issue of import res

    November 15, 2017 07:09 pm JST