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  • 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
  • Datawatch

    Asian democracies on upward trend in corruption fight

    LONDON -- With many Asian countries making the transition to democracy since the 1970s, representative government and media integrity have been pivotal in the region's fight against political corruption.Research published last month by the Internati

    December 15, 2017 01:10 pm JST
  • Indonesia's second largest party replaces chairman after graft indictment

    JAKARTA -- Indonesia's second largest political party has replaced its chairman, former Speaker of the House Setya Novanto, after prosecutors on Wednesday indicted him for corruption, and named Airlangga Hartarto his successor.A Golkar Party meeting

    December 14, 2017 11:01 pm JST
  • Nikkei Asia300 Index gains as Fed sticks to rate hike forecasts

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday after the U.S. Federal Reserve retained its forecast of three rate increases for next year.The Nikkei Asia300 Index advanced 0.3% to 1,383.61, paced by a rally in Chinese and Hong Kong

    December 14, 2017 08:53 pm JST
  • Trump's Jerusalem move sparks a backlash in Southeast Asia

    JAKARTA/KUALA LUMPUR U.S. President Donald Trump's decision to recognize Jerusalem as the capital of Israel has sparked protests and condemnation in Southeast Asian countries with large Muslim populations.In Jakarta, demonstrators on Dec. 11 burned

    December 14, 2017 10:00 am JST
  • Indonesia's Inalum is making its push from supplier to refiner

    KUALA TANJUNG, Indonesia Employees at Indonesia Asahan Aluminium looked cheerful as they welcomed dozens of journalists from major Jakarta publications. The physically remote and reticent company, which is also the country's only aluminum producer,

    December 14, 2017 10:00 am JST
  • Global trade uptick boosts Asian manufacturing

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

    December 14, 2017 10:00 am JST
  • South Korea joins in Asia-wide bitcoin crackdown

    SEOUL The South Korean Ministry of Justice is considering a total ban on trading in bitcoin, other cryptocurrencies and digital tokens in order to protect individuals from potential scams, a ministry official told the Nikkei Asian Review on Dec. 11.

    December 14, 2017 10:00 am JST
  • Malaysian festival puts Asian literature in the spotlight

    PENANG, Malaysia In a beautifully refurbished colonial building next to George Town's coastal thoroughfare, a tight-knit yet diverse crowd is hungry for answers. A microphone is passed around, and people rock nervously in their chairs as they wait t

    December 14, 2017 10:00 am JST
  • WTO meeting ends in stalemate after US rebukes, member vetoes

    BUENOS AIRES (Reuters) -- The World Trade Organization's biennial meeting ended in stalemate on Wednesday after U.S. criticism and member country vetoes, raising questions about the body's ability to govern increasingly disputed global trade.Ministe

    December 14, 2017 07:23 am JST
  • William Pesek

    Asia's burning question -- kill bitcoin or embrace it?

    Bitcoin is on fire in South Korea -- literally. On Dec. 8, firefighters in the eastern city of Gangneung encountered a most curious blaze: a motel basement crammed with hundreds of computer servers and overloaded electrical outlets.Local authorities

    December 14, 2017 07:00 am JST
  • Asia's Muslim nations want East Jerusalem seen as Palestinian capital

    SINGAPORE -- Reacting to the U.S. move last week to recognize Jerusalem as Israel's capital, Muslim-majority countries in Asia have joined fresh calls for wider recognition of an independent Palestine with East Jerusalem as its capital.Speaking in I

    December 14, 2017 03:36 am JST
  • Nikkei Asia300 Index gains as Chinese banks rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, led by mainland lenders ahead of China's inflation data and U.S. Federal Reserve's policy decision.The Nikkei Asia300 Index advanced 0.4% to 1,379.83. China Construction Bank (CCB) r

    December 13, 2017 08:33 pm JST
  • Indonesian tycoon back with $1bn rights issue

    JAKARTA -- Indonesian billionaire Prajogo Pangestu, once known as "timber king" before shifting his focus to petrochemicals, is aiming to raise up to $1 billion through a rights issue to consolidate his geothermal energy business under a holding com

    December 13, 2017 07:38 pm JST
  • 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
  • Indonesians and Malaysians protest Trump's Jerusalem gambit

    JAKARTA/KUALA LUMPUR -- U.S. President Donald Trump's decision to recognize Jerusalem as the capital of Israel has unleashed protests in Southeast Asian countries with large Muslim populations.Indonesian President Joko Widodo and Malaysian Prime Min

    December 12, 2017 03:45 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
  • South Korea joins Asian trend as it mulls ban on bitcoin

    SEOUL -- The South Korean Ministry of Justice is considering imposing a total ban on trading in bitcoin, other cryptocurrencies and digital tokens in order to protect individuals from potential scams, a ministry official told the Nikkei Asian Review

    December 11, 2017 11:44 pm JST