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  • 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
  • Indian shares post marginal gains as Reliance, Maruti Suzuki advance

    MUMBAI (NewsRise) -- Indian shares edged higher on Monday after a volatile session, helped by gains in Reliance Industries and Maruti Suzuki India.The benchmark BSE Sensex added 0.1%, or 17.10 points, to close at 33,359.90, while the broader Nifty 5

    November 20, 2017 09:12 pm JST
  • Nikkei Asia300 Index gains as Tencent rises to record

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Monday, as index heavyweight Tencent Holdings hit another record high and Thailand economy's expanded at the fastest pace in more than four years.The Nikkei Asia300 Index added 0.2% to close at

    November 20, 2017 08:55 pm JST
  • New tuberculosis drug making its way to India and Russia

    TOKYO -- With tuberculosis killing 1.67 million people every year, Otsuka Pharmaceutical is expediting deliveries of a new drug called Delamanid to India and other developing countries that are desperate for a cure.Along the way it has been forming

    November 19, 2017 11:03 pm JST
  • Modern India warms to Mahatma Gandhi's spartan retreat

    AHMEDABAD, India -- Peering inside the cottages at Mahatma Gandhi's retreat on the banks of the Sabarmati River, visitors find spartan spaces with only the most essential furniture -- a cot, perhaps, or a desk. Material possessions mattered little t

    November 19, 2017 03:00 pm JST
  • Toyota looks to sell electric cars developed by Chinese partners

    GUANGZHOU/BEIJING -- Toyota Motor is considering producing and selling electric vehicles in China developed by local partners while planning to procure electric models from Suzuki Motor in India, part of a strategy to cope with tougher environmental

    November 18, 2017 02:52 am JST
  • India Sensex posts weekly gains as Moody's raises credit rating

    MUMBAI (NewsRise) -- Indian shares ended the week higher after Moody's Investors Service upgraded the nation's sovereign credit rating for the first time in about 14 years.The benchmark BSE Sensex index added 0.1% during the week, while the broader

    November 17, 2017 09:49 pm JST
  • Xiaomi nips at Samsung's heels in India's smartphone market

    MUMBAI (NewsRise) -- China's Xiaomi is closing in on market leader Samsung Electronics in India's smartphone market, as it starts selling through physical stores to complement online sales and introduces a steady flow of models in the best-selling b

    November 17, 2017 09:45 pm JST
  • Toyota finds toehold in India's nascent electric car market

    NEW DELHI -- India wants electric cars to rule its roads by 2030, and Toyota Motor is positioning itself to be a major player in the shift.Toyota Kirloskar Motor, the Indian arm of the Japanese giant, on Thursday signed a memorandum of understanding

    November 17, 2017 09:37 pm JST
  • Nikkei Asia300 Index gains on U.S. cues, India rating upgrade

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Friday, supported by positive U.S. cues and upgrade of India's credit rating by Moody's Investors Service.The Nikkei Asia300 Index advanced 0.9% to 1,392.98. For the week, the gauge added 0

    November 17, 2017 08:09 pm JST
  • Moody's raises India's bond rating; sees reforms fostering growth

    MUMBAI/BENGALURU (Reuters) -- Moody's Investors Services lifted India's local and foreign currency debt ratings, saying that continued progress on economic and institutional reform will enhance India's high growth potential.Moody's said it was lifti

    November 17, 2017 12:43 pm JST
  • Panasonic staking claim to India as future core market

    NEW DELHI -- Panasonic is finally turning its fortunes around in India as efforts to give local operations more say in product development and deepen cooperation with other companies bear fruit."India will become a core market for us in the future,"

    November 17, 2017 11:50 am JST
  • Interview

    Business chat app Slack seeks to crack Asia from Japan

    TOKYO -- Slack Technologies, an operator of business chat software, will start offering a Japanese version of its service on Friday, making it the U.S. startup's first attempt in Asia at localization. Co-founder and Chief Technology Officer Cal Hend

    November 17, 2017 12:00 am JST
  • Indian shares advance the most in two weeks as crude oil prices ease

    MUMBAI (NewsRise) -- Indian shares posted their best gain in more than two weeks on Thursday, as a retreat in crude oil prices lifted demand for the oil-importing nation's assets.The benchmark BSE Sensex added 1.1%, or 346.38 points, to close at 33,

    November 16, 2017 09:26 pm JST