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  • Australia hedges bets on US in foreign-policy balancing act

    U.S. Secretary of State Rex Tillerson and Australian Foreign Minister Julie Bishop shake hands at the end of a June 5 press conference in Sydney (© Reuters)

    SYDNEY -- A new foreign policy charter drawn up by the Australian government reveals a key U.S. ally beset by doubts about America's staying power in Asia yet clinging to the hope that its role will survive the turbulent presidency of Donald Trump.I

    November 24, 2017 10:56 am JST
  • Heavyweights lift Indian shares higher for sixth day

    MUMBAI (NewsRise) - Indian shares eked out small gains after a choppy session to seal their sixth consecutive advance, as gains in index heavyweights offset a retreat in financial stocks.The benchmark BSE Sensex added 0.1%, or 26.53 points, to close

    November 23, 2017 09:31 pm JST
  • Ousted Tata Group chairman seeks board representation

    MUMBAI -- The family-run companies of former Tata Group Chairman Cyrus Mistry are seeking at least one nominee director on the board of Tata Sons to represent their 18.4% shareholding in the entity. Mistry and Tata companies have been embroiled in a

    November 23, 2017 08:46 pm JST
  • Axiata 3Q net profit falls 7% on associates' weaker earnings

    KUALA LUMPUR (Nikkei Markets) - Axiata Group said Thursday its net profit fell 7% in the third quarter due to intense competition in India, and the state-owned Malaysian mobile telecom company, despite flagging business risks across several geograph

    November 23, 2017 08:05 pm JST
  • China's largest developer readies to enter Thailand

    BANGKOK -- In a modern office block in Huay Kwang district, the team settling down to a routine Monday morning is employed by the new Thailand branch of Country Garden Holdings, China's largest property developer by contracted sales in the first hal

    November 23, 2017 05:37 pm JST
  • Indian companies return to profit post GST, outlook improves

    MUMBAI (NewsRise) -- Indian companies such as Maruti Suzuki, Bharti Airtel and Hindustan Unilever reported upbeat earnings growth for the July-September period, reversing a year-long decline as consumption boomed and they ironed out supply kinks aft

    November 23, 2017 04:35 pm JST
  • India rolls out a special panel to help banks merge

    MUMBAI/NEW DELHI The Indian government is determined to deliver the banking system from its bad loan mess through recapitalization -- while ensuring weak lenders survive the process.Within a week of announcing a massive 2.11 trillion rupee ($32.4 bi

    November 23, 2017 10:00 am JST
  • Trump's tour of Asia shows just how powerful Xi has become

    HANOI The hospitality U.S. President Donald Trump received on his tour of Asia was so warm that he may have felt more at home than in Washington, where he is constantly sparring with the media. But while Trump was relishing the red-carpet treatment

    November 23, 2017 10:00 am JST
  • Monocle's ranking of soft power in Asia

    The power struggle in Asia is often depicted as an arms race where fighter jets, missiles and naval destroyers matter most. But the rivalry between China, Japan and South Korea is now as much about the softer side: winning hearts and minds around th

    November 23, 2017 10:00 am JST
  • James Crabtree: Asia must learn to love higher taxes

    On his recent tour of Asia, Donald Trump must have looked with envy at the many low-tax nations he visited. 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 ta

    November 23, 2017 10:00 am JST
  • Yes Bank of India to raise $400m in loans from Japan, Taiwan institutions

    MUMBAI -- An Indian commercial bank will raise $400 million intended for lending tied to a special economic zone in the western state of Gujarat, obtaining syndicated loans from banking groups based in Japan and Taiwan.Yes Bank of India will borrow

    November 23, 2017 02:18 am JST
  • Indian consumer goods companies trim prices after GST rejig

    MUMBAI (NewsRise) -- Top Indian consumer goods companies such as Hindustan Unilever and Godrej Consumer Products are cutting prices of products ranging from coffee to detergents, as they look to pass on benefits of the south Asian country's recent m

    November 22, 2017 09:23 pm JST
  • Indian shares extend gains for fifth day on global cues

    MUMBAI (NewsRise) -- Indian shares ended higher for a fifth straight session Wednesday, led by gains in financial stocks, as record gains on Wall Street overnight lifted regional sentiment.The nation's benchmark BSE Sensex rose 0.25%, or 83.20 point

    November 22, 2017 09:07 pm JST
  • Credit tightening 'dominoes' threaten Asia with hidden risks

    HONG KONG/SINGAPORE -- With Asia's economies humming along, consumer prices rising and the U.S. edging toward higher interest rates, markets have been unloading Asian government bonds and sending long-term interest rates soaring. Expectations are gr

    November 22, 2017 07:50 pm JST
  • Modi demands businesses keep prices down after GST revision

    NEW DELHI -- Having introduced the landmark goods and services tax in India on July 1 and slashed rates on over 200 items this month, Prime Minister Narendra Modi's government is now asking businesses to keep prices down and refrain from taking adva

    November 21, 2017 09:39 pm JST
  • India shares rise for fourth day as Reliance Industries gains

    MUMBAI (NewsRise) -- Indian shares rose for a fourth day on Tuesday, tracking positive regional markets, and as heavyweight Reliance Industries gained after Goldman Sachs reportedly raised its target price amid upbeat earnings forecasts.The nation's

    November 21, 2017 09:13 pm JST
  • Nikkei Asia300 Index gains as Tencent, China insurers rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Tuesday, as index heavyweight Tencent Holdings' market capitalization crossed $500 billion. Chinese insurers rallied.The Nikkei Asia300 Index rose 1.1% to 1,411.97.Hong Kong-listed Chinese

    November 21, 2017 08:56 pm JST
  • Mahindra reboots U.S. plans with new Detroit assembly plant

    MUMBAI (NewsRise) -- Mahindra & Mahindra opened its first vehicle assembling plant in Detroit, as India's second-biggest maker of mini vans and sport-utility vehicles seeks to tap the U.S. market after a previous attempt failed to take off.The facil

    November 21, 2017 08:38 pm JST
  • Anthony Rowley

    Trump buys into 'Indo-Pacific' plan but it lacks BRI coherence

    It was not geographical illiteracy that led U.S. President Donald Trump to refer repeatedly to the "Indo-Pacific" region when he journeyed recently through what is generally known as the Asia-Pacific area. Nor was it simply a desire to put an increa

    November 21, 2017 11:19 am JST
  • India air passenger traffic rises at fastest pace in nine months in October

    MUMBAI (NewsRise) -- Air passenger traffic in India grew at the fastest pace in nine months in October, as airlines cut fares to lure travelers during India's festival season.The number of passengers flown last month jumped almost 21% on-year to 10.

    November 20, 2017 09:35 pm JST