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  • Interview

    Indonesia's Widodo says railway talks with Japan near conclusion

    RAJA AMPAT, Indonesia -- Indonesian President Joko Widodo said he is in "very deep and very serious discussions" with Japan about jointly developing a railway connecting the Southeast Asian country's two largest cities, in what would be one of the l

    December 23, 2017 10:04 pm JST
  • Indonesia's Indofood buys out drink venture partner Asahi for $20m

    JAKARTA -- Indonesia's largest food company, Indofood Sukses Makmur, said Friday it will buy Japan-based Asahi Group Holdings' stakes in two nonalcoholic beverage joint ventures for $20 million.The deal will mark an end to the two groups' five years

    December 23, 2017 10:45 am JST
  • Nikkei Asia300 Index posts weekly gains on US tax optimism

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan rose Friday to end the week higher, as global markets cheered the passage of a U.S. tax reform bill by Congress.The Nikkei Asia300 Index rose 0.7% to 1,397.39 on Friday, climbing 1.4% for the wee

    December 22, 2017 08:47 pm JST
  • E-learning software company Surala enlists ninjas' help to grow in Asia

    TOKYO -- Japanese online education company Surala Net is celebrating success. On Monday, it listed its shares on the Tokyo Stock Exchange's Mothers market for startups as its learning software featuring "anime teachers" wins fans among students and

    December 22, 2017 03:40 pm JST
  • 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
  • Asian central bankers on high alert over bitcoin frenzy

    TOKYO -- As bitcoin climbs 19 fold in under a year, central banks in Asia, where about 60% of the world's cryptocurrency trades take place, are increasingly uneasy about the virtual currency that is luring ordinary investors.The most recent signs ca

    December 21, 2017 06:15 pm JST
  • Fitch upgrades Indonesia sovereign bonds to BBB

    JAKARTA -- Credit rating agency Fitch Ratings on Thursday said it had upgraded Indonesia's sovereign bonds by one notch from BBB- to BBB with a stable outlook, providing a tailwind for the country in navigating expected monetary tightening policies

    December 21, 2017 12:42 pm 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
  • CEO in the news: Coal is still king for Adaro Energy's chief

    JAKARTA Garibaldi Thohir may be one of Indonesia's wealthiest men, but it is his younger brother who gets all the attention.Erick Thohir became a household name when he bought Italian soccer club Inter Milan in 2013, and he is attracting further att

    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
  • Chat app Line shares its Japan platform with China's Mobike

    TOKYO -- Chinese bike-sharing company Mobike hopes to push further into Japan through a partnership with Line that was announced on Wednesday.Line, whose chat app is ubiquitous in Japan and a few other spots in Asia, will acquire up to 20% of Mobike

    December 20, 2017 05:56 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
  • Japan's Hotel Okura returns to Bali

    TOKYO -- Japanese hospitality group Hotel Okura will welcome guests in Bali again next month after a roughly one-year absence from the Indonesian resort island.The company will manage a hotel owned by Karya Tehnik Hotelindo of Indonesia starting in

    December 19, 2017 07:04 am 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
  • Tens of thousands of Indonesians rally over Trump's Jerusalem stance

    JAKARTA (Reuters) -- Tens of thousands of Muslims marched from the main mosque in Indonesia's capital to a square in Jakarta on Sunday to protest against U.S. President Donald Trump's decision to recognise Jerusalem as the capital of Israel. It was

    December 17, 2017 03:21 pm JST
  • Mango smoothie helps sweeten bond between Indonesia and Thailand

    JAKARTA -- A massive mango smoothie, layered with whipped cream, and topped with freshly diced mango. What's wrong with this picture?Apparently nothing if you are one of the many thronging to King Mango Thai for its trademark Big Mango smoothie and

    December 16, 2017 02:00 pm JST
  • Earthquake of magnitude 6.5 hits off Java, Indonesia - USGS

    JAKARTA (Reuters) -- An earthquake with a magnitude of 6.5 struck off the coast of Java in Indonesia, the United States Geological Survey said on Friday, but there were no reports of casualties.The USGS said the epicentre of the quake was located at

    December 16, 2017 02:48 am 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
  • Indonesia's Go-Jek buys fintech startups to boost payments

    JAKARTA -- Indonesia's ride-hailing startup Go-Jek is bolstering its digital payment service by buying three local financial technology startups, as the country's most valuable startup looks to extend its lead against rivals Uber and Grab.In a press

    December 15, 2017 04:19 pm JST
  • CEO in the news

    Indonesia's coal king stands firm amid clean-energy challenges

    JAKARTA -- Garibaldi Thohir may be one of Indonesia's wealthiest men, but it is his younger brother that gets all the attention.The younger brother, Erick Thohir, became a household name since buying the Italian soccer club Inter Milan in 2013, and

    December 15, 2017 01:30 pm JST