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  • Comment

    TPP aims to set template for future trade deals

    Singapore -- There is an invisible territorial struggle going on in East Asia, a center of global economic growth.It is a battle not only to achieve freer trade of goods and investment but also to counter protectionist forces seeking to bring digita

    November 12, 2017 02:00 am JST
  • APEC statement addresses Trump criticism of 'unfair trade'

    DANANG, Vietnam -- Leaders of the Asia-Pacific Economic Cooperation (APEC) member states called for reciprocal trade and a fight against "all unfair trade practices" on Nov. 11, a move heavily influenced by complaints from U.S. President Donald Trum

    November 11, 2017 09:28 pm JST
  • APEC leaders agree to address 'unfair trade practices'

    DANANG, Vietnam (Reuters) -- Asia-Pacific leaders on Saturday agreed to address "unfair trade practices" and urgently called for the removal of "market distorting subsidies," in contrast to communiques they have issued in the past.A joint statement

    November 11, 2017 08:59 pm JST
  • Indonesia's Lippo expanding Asian hospital network to China

    JAKARTA/YANGON -- Indonesian conglomerate Lippo Group will bring China under its sprawling network of hospitals in Asia, applying a chain-building model that has proved successful in the retail and banking sectors at home.The group, anchored by real

    November 11, 2017 05:14 am JST
  • Nikkei Asia300 Index falls as U.S. tax plan disappoints investors

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday after a tax plan released by U.S. Senate Republicans sought to delay a cut in corporate taxes by a year.The Nikkei Asia300 Index declined 0.2% to 1,389.11. For the week, the index edged

    November 10, 2017 09:02 pm JST
  • Trump warns Indo-Pacific nations on 'trade abuses'

    DANANG, Vietnam -- U.S. President Donald Trump on Friday delivered a strongly worded message on trade to Indo-Pacific countries, demanding trade relationships be fair and reciprocal. Trump said the U.S. will no longer tolerate chronic trade abuses u

    November 10, 2017 08:52 pm JST
  • James Crabtree

    Asia must learn to love higher taxes

    As Donald Trump tours Asia this week, he will look with envy at the many low-tax nations he visits. While the U.S. president struggles to sell his own taxation reforms back at home, Asia's leaders remain vocally proud of their rock-bottom tax regime

    November 10, 2017 07:00 am JST
  • North Korea losing its few remaining friends in Southeast Asia

    JAKARTA -- North Korea's isolation in the world continues to deepen as its influence in Southeast Asia wanes, with even long-term allies turning their backs against the reclusive nation.Its pursuit of missile and nuclear development despite unanimou

    November 10, 2017 05:44 am JST
  • Nikkei Asia300 Index gains as China factory prices rise faster than expected

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Thursday after China's factory prices rose faster than expected, signaling strong global demand.The Nikkei Asia300 Index rose 0.1% to 1,391.42Earlier on Thursday, data showed that producer

    November 9, 2017 08:59 pm JST
  • Indonesia's Bank Danamon shares soar on talks of MUFG stake

    JAKARTA -- Shares of Bank Danamon Indonesia hit their highest level in more than four years on Thursday after the Nikkei reported that Japan's Bank of Tokyo-Mitsubishi UFJ is eyeing a 40% stake for around 200 billion yen ($1.76 billion).Bank Danamon

    November 9, 2017 08:53 pm JST
  • Big week ahead for Asia's politics and economy

    TOKYO -- Leaders from the Asia-Pacific Economic Cooperation forum and the Association of Southeast Asian Nations will hold a string of meetings over the course of the next seven days in what is shaping up to be a week that could decide the future po

    November 9, 2017 10:34 am JST
  • Asian manufacturing logs slow growth in October

    HONG KONG Asian manufacturing registered continued growth in October, mostly, with just two of the 12 economies surveyed by The Nikkei seeing a contraction. However, the pace eased as producers felt the pinch of rising costs.The Nikkei ASEAN Manufac

    November 9, 2017 10:00 am JST
  • Indonesia and Malaysia follow Singapore's lead in tackling obesity

    JAKARTA As concerns grow about rising obesity in Southeast Asia, Indonesia plans to introduce legislation next year aimed at reducing the content of sugar, salt and fat in food."We want to push our industry to make it low-sugar, low-salt, low-fat,"

    November 9, 2017 10:00 am JST
  • Pavida and Thitinan: Trump's Asia visit a test of bilateral deal making

    It has become a cliche to note the ongoing power shifts in geopolitics and geoeconomics. China is on the rise with such launch pads as the Belt and Road Initiative, the Asian Infrastructure Investment Bank, and the Regional Comprehensive Economic Pa

    November 9, 2017 10:00 am JST
  • Abbosh and Casati

    Asia's aging manufacturers must innovate

    Many of the industries that laid the bedrock for economic success in Asia in the 1970s and 1980s now face the same pressures as their older rivals in the West. Whether it is auto parts, machine tools or transport, they are seeing margins squeezed as

    November 9, 2017 07:00 am JST
  • Exclusive

    Japan megabank MUFG seeks 40% stake in Indonesia's Bank Danamon

    TOKYO -- Bank of Tokyo-Mitsubishi UFJ aims to buy roughly 40% of Indonesia's Bank Danamon with an eye toward a future majority stake, extending its Southeast Asian dealmaking push into the region's most populous country.The Mitsubishi UFJ Financial

    November 9, 2017 01:30 am JST
  • Metro Pacific to sell non-toll road assets of Indonesian affiliate

    MANILA -- Metro Pacific Investments plans to divest non-toll road assets of Nusantara Infrastructure after the Philippine conglomerate became the biggest shareholder of the Indonesian company.Metro Pacific plans to make Nusantara a dedicated toll ro

    November 8, 2017 08:41 pm JST
  • Coming week may determine fate of TPP and shape global trade

    TOKYO -- For seven days spanning this week and next, leaders and ministers from Asia and the Pacific region will gather in Danang, Vietnam, then in Manila, for meetings of the Asia-Pacific Economic Cooperation and the Association of Southeast Asian

    November 8, 2017 07:14 pm JST
  • Interview

    Uniqlo operator to increase variety of Muslim wear

    TOKYO -- Uniqlo operator Fast Retailing is planning to enrich its lineup of localized products.In an interview on the sidelines of the 19th Nikkei Global Management Forum on Tuesday in Tokyo, Fast Retailing Chairman and CEO Tadashi Yanai said, "We w

    November 8, 2017 02:00 pm JST
  • Interview

    Indonesian energy conglomerate looks abroad for power-plant expansion

    TOKYO -- Major Indonesian coal miner Adaro Energy, which in recent years has entered the power-plant business at home, is looking to build power plants in neighboring countries in Southeast Asia.President and Chief Executive Garibaldi Thohir said th

    November 8, 2017 01:30 pm JST