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  • Frederic Neumann

    Asia's 'dollar buffer' should not be taken for granted

    Markets have been buffeted by recent economic headwinds. Faster-than-expected-wage growth in the U.S. was the spark that sent markets around the world into a tailspin, igniting worries about growing inflation pressures, and fanning expectations that

    February 22, 2018 12:15 pm JST
  • China debt puts the Maldives at risk of 'land grab,' ex-leader warns

    COLOMBO Massive debts could force the Maldives to cede territory to China as early as 2019, according to former Maldivian President Mohamed Nasheed, who also warns that a flawed presidential election this year would open the door for a Chinese takeo

    February 22, 2018 10:00 am JST
  • James Crabtree: Emerging Asia risks never growing rich

    This should be a moment of grand optimism for Asia. The world economy is enjoying its fastest expansion in a decade. Forecasts show growth in developing nations accelerating especially quickly. Yet even putting the recent global stock market wobble

    February 22, 2018 10:00 am JST
  • India's jeweler to the stars is on the run from authorities

    MUMBAI Mumbai's A-listers wear him, and so do some of the biggest names in Hollywood. But now, Nirav Modi's luxury jewelry brand is involved in a Hollywood-like plot of its own.The brand's owner, Firestar Diamond, had plans for 100 Nirav Modi stores

    February 22, 2018 10:00 am JST
  • India faces a rocky road to embracing electric vehicles

    GREATER NOIDA, India Strolling among the 116 pavilions at India's recent biennial Auto Expo, visitors could not help but notice the focus on electric vehicles.India boasts one of the world's fastest growing auto markets -- sales are estimated to gro

    February 22, 2018 10:00 am JST
  • India shares rebound as software exporters gain

    MUMBAI (NewsRise) -- Indian shares rebounded from two-month lows, fuelled by gains in software exporters.On Wednesday, the BSE Sensex advanced 0.4% to 33,844.86 and the Nifty 50 Index rose 0.4% to 10,397.45, ending a three-session losing run. HCL Te

    February 21, 2018 09:47 pm JST
  • Global mining giants may enter India as coal sector opened up for private firms

    MUMBAI (NewsRise) -- India's move to open up commercial coal mining to private firms is set to lure foreign giants such as BHP Billiton and Rio Tinto that have long been waiting to gain a toehold in the world's third-largest producer of the fuel.The

    February 21, 2018 09:42 pm JST
  • Nikkei Asia300 Index gains, boosted by Taiwanese stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, led by a rally in Taiwanese companies as they returned from Lunar New Year holidays.The Nikkei Asia300 Index advanced 1% to 1,456.50. Hong Kong-shares of Agricultural Bank of China (

    February 21, 2018 08:38 pm JST
  • Le Corbusier's city shows way for Indian urban planning

    MUMBAI -- The city of Chandigarh forms a striking contrast to most other Indian urban centers -- its clean and tidy streets, laid out in a grid pattern, are a far cry from the jumble of slums and skyscrapers one finds elsewhere. Six decades on from

    February 21, 2018 02:00 pm JST
  • Praveen Chakravarty

    India's $1.8bn scandal highlights problems with corporate culture

    India's latest financial scandal erupted when the state-controlled Punjab National Bank (PNB) disclosed that it had been hit by "fraudulent and unauthorised transactions" and named celebrity jeweler Nirav Modi as the prime suspect.This is a severe b

    February 21, 2018 01:30 pm JST
  • Japan the safest place to give birth: UNICEF

    UNITED NATIONS -- Japan shines as the world's safest country for having a baby in a new UNICEF report that cites universal access to quality health care as a contributing factor to low newborn mortality rates.The equivalent of 1 in 1,111 newborns in

    February 21, 2018 09:30 am JST
  • Japan's Toray plans new Indian factory for diaper fibers

    TOKYO -- Toray Industries aims to build new plants in India for making fibers and plastics used in products like diapers and cars, looking to supply companies selling everyday goods there amid rising standards of living, the company said Tuesday.The

    February 21, 2018 06:19 am JST
  • Indian domestic flyers topped 100m in 2017

    MUMBAI -- Domestic air passengers in India exceeded 100 million for the first time last year, lifted by economic growth and the expansion of routes and flights serviced by low-cost carriers.Traffic increased 17% to some 117.1 million travelers in of

    February 21, 2018 05:02 am JST
  • Punjab National Bank on credit watch due to fraud case

    MUMBAI -- Ratings agencies such as Moody's and Fitch Ratings have put Punjab National Bank under watch after it allegedly fell victim to fraud.Others including CRISIL and Nomura are also reviewing their ratings for the lender after speaking to manag

    February 20, 2018 10:12 pm JST
  • Vistara plans overseas flights to tap rising global travel from India

    NEW DELHI (NewsRise) -- Vistara, the Indian full-service carrier co-owned by Singapore Airlines, plans to start international flights later this year, seeking to capitalize on the rising demand for overseas travel from Asia's third-largest economy.

    February 20, 2018 09:51 pm JST
  • Digital technologies to support India software exports growth

    MUMBAI (NewsRise) -- A surge in digital technologies is likely to support the growth of India's software exports next fiscal year, helping the industry withstand rising protectionism in major western markets amid shrinking traditional services, an i

    February 20, 2018 09:22 pm JST
  • India shares fall for third day on weaker rupee, foreign fund outflow concerns

    MUMBAI (NewsRise) -- Indian shares fell Tuesday, weighed by the decline in the rupee to three-month lows and concerns over foreign fund outflows.The BSE Sensex fell 0.2% to 33,703.59 and the Nifty 50 Index dropped 0.2% to 10,360.40, their lowest lev

    February 20, 2018 09:05 pm JST
  • Nikkei Asia300 Index falls, dragged by Chinese banks, Singapore property developers

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Tuesday, as Chinese lenders pulled back and Singapore property developers slipped after an increase in taxes for buyers of high-value homes.The Nikkei Asia300 Index fell 0.3% to 1,441.72. S

    February 20, 2018 08:57 pm JST
  • Singapore startup provides heart diagnosis in a heartbeat

    TOKYO -- A Singapore-based health care tech startup has set its sights on the Japanese market after receiving fresh funding.Tricog Health diagnoses the risk of heart disease in minutes through analysis of electrocardiogram results by its cloud-conne

    February 20, 2018 11:43 am JST
  • Brahma Chellaney

    China ensnares vulnerable states in a debt trap

    "There are two ways to conquer and enslave a country," American statesman John Adams (U.S. president from 1797 to 1801) famously said. "One is by the sword. The other is by debt."China has chosen the second path. Aggressively employing economic tool

    February 20, 2018 07:00 am JST