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  • Nikkei Asia300 Index gains on U.S. cues, surging Indian bank stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Wednesday, helped by positive U.S. leads and a rally in Indian banks after New Delhi announced a $32 billion plan to recapitalize state-owned lenders.The Nikkei Asia300 Index advanced 0.8%

    October 25, 2017 08:35 pm JST
  • Cover story

    Can Asia fall in love with tea again?

    JAKARTA Businessmen clad in batik shirts tap on laptops and smartphones, while women in designer Muslim garb chat over pots of hot chai and browse menus listing hundreds of teas, from the exotic (Yellow Gold Tea Buds from China) to the commonplace (

    October 25, 2017 01:00 pm JST
  • 30 billion bottles and counting: Japan's green tea titan

    Founded in 1966, Japanese tea company Ito En developed the world's first ready-to-drink bottled green tea in 1984. This was followed by the introduction of the Oi Ocha tea line in 1989, which is now the company's flagship brand. Ito En commands near

    October 25, 2017 01:00 pm JST
  • Healthy versus hip: A Sri Lankan tea boss takes on coffee

    JAKARTA The tea industry has watched in envy as coffee's cachet has skyrocketed across Asia, and now it wants a piece of the action. But it faces a difficult challenge: How to convince people that something they've been quaffing like water all their

    October 25, 2017 01:00 pm JST
  • Bank Mandiri sees 10-13% loan growth as economy improves

    JAKARTA -- The president of Bank Mandiri said on Tuesday that he expected the economy to grow at a faster pace next year after Indonesia's largest state-owned bank reported a 25% year-on-year growth in net profit for the January-September period.Ban

    October 24, 2017 11:09 pm JST
  • Inaugural ASEAN-China naval drill underway

    CLARK FREEPORT, Philippines -- China has won the endorsement of Singapore, the chair of the Association of Southeast Asian Nations in 2018, for a joint maritime exercise with the regional bloc next year. Chinese Minister of Defense Chang Wanquan pro

    October 24, 2017 10:22 pm JST
  • Business Insight

    Indonesian companies likely to drive boom in sukuk issuance

    Although not widely noted, the global Islamic finance market marked a significant shift last year: For the first time, companies and financial institutions issued a greater volume of Islamic debt securities, or sukuk, than governments. Indonesia cou

    October 24, 2017 10:28 am JST
  • US sets antidumping duties on Indonesian, Argentine biodiesel

    WASHINGTON (Reuters) -- The U.S. Commerce Department on Monday set preliminary antidumping duties on imports of biodiesel from Argentina and Indonesia, after an initial finding that the products were being sold under market value in the United State

    October 24, 2017 09:27 am JST
  • Asia Insight

    Duterte's Marawi crisis ends but fires of extremism still burn

    MANILA -- Philippine President Rodrigo Duterte was hardly in a celebratory mood when he declared the liberation of Marawi, the southern Islamic city destroyed by one of the longest battles between government troops and terrorists."I just came from M

    October 24, 2017 08:00 am JST
  • ASEAN defense ministers lock in against terrorism and other common threats

    CLARK FREEPORT, Philippines -- Southeast Asian defense ministers have agreed to step up joint efforts to counter regional terrorism, and have expressed "grave concern" about heightened recent tensions on the Korean Peninsula after North Korea carrie

    October 24, 2017 12:11 am JST
  • Asia takes stock of Japan's pacifism after Abe win

    TOKYO -- The landslide election victory by the Liberal Democratic Party on Sunday hands Prime Minister Shinzo Abe the seats needed to start the parliamentary procedures toward revising the country's pacifist constitution, a prospect that brings mixe

    October 23, 2017 08:56 pm JST
  • Nikkei Asia300 Index falls as Chinese property developers decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged lower on Monday, weighed by losses in Chinese mainland property developers after data showed that home prices increased at a slower pace last month.The Nikkei Asia300 Index declined 0.1% to 1,

    October 23, 2017 08:20 pm JST
  • Indonesia protests US entry ban against military chief

    JAKARTA -- Indonesia has sent Washington a diplomatic note of protest after the country's military chief was denied entry into the U.S.Indonesian Armed Forces (TNI) Commander Gen. Gatot Nurmantyo had planned to attend the Chiefs of Defense Conferenc

    October 23, 2017 05:47 pm JST
  • Indonesia's Sequis Life joins microinsurance game

    JAKARTA -- Indonesian insurer Asuransi Jiwa Sequis Life will debut microinsurance plans targeting low-income customers, hoping to cultivate a new avenue for growth amid weak demand for more expensive policies.The company, in which Nippon Life Insura

    October 20, 2017 11:55 pm JST
  • Nikkei Asia300 Index ends week higher after US stocks rally

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan eked out modest gains for the week, as persistent gains on U.S. equities supported risk appetite, even as regional investors remained focused on China's 19th Communist Party Congress.The Nikkei A

    October 20, 2017 09:12 pm JST
  • After 3 years, Widodo achieves some success, but infrastructure stalled

    JAKARTA -- As Indonesian President Joko Widodo marks the end of his third year in office on Friday, attention is focused on whether he has made good on his promises of strong economic growth, backed by large infrastructure projects that would also i

    October 20, 2017 12:00 pm JST
  • Startups in Asia

    Indonesian entrepreneur seeks to tackle world hunger

    Asia is home to some of the world's most promising startups, as it grapples with a multitude of problems arising from rapid economic development. Starting this week, the Nikkei Asian Review will bring to you profiles of these innovative companies on

    October 20, 2017 12:00 pm JST
  • Indonesia revising regulation on ride-hailing apps

    JAKARTA -- Indonesia's transport ministry on Thursday said it was revising a regulation on ride-hailing applications, known locally as online taxis, that was issued in March after the Supreme Court struck off more than a dozen of its clauses.The cou

    October 19, 2017 11:06 pm JST
  • Bank Indonesia draws up rules to monitor fintech

    JAKARTA -- Bank Indonesia is stepping up efforts to draw up a regulatory framework for emerging financial services in the wake of a surge in online payment services.Ida Nuryanti, policy and payment system supervision director at Bank Indonesia, on T

    October 19, 2017 09:22 pm JST
  • Indonesia to extend Inpex's Masela LNG contract by 27 years from 2028: statement

    JAKARTA (Reuters) -- Indonesia has agreed with Japan's Inpex to extend the company's contract to operate the Masela natural gas project in the country's east by up to 27 years once it expires in 2028, the energy ministry said in a statement on Thurs

    October 19, 2017 04:49 pm JST