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  • Nikkei Asia300 Index declines as Tencent falls after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Thursday, as losses in heavyweight Tencent Holdings wiped off earlier gains after the U.S. Federal Reserve stuck to its interest rate projections for 2018.The Nikkei Asia300 Index fell 0.8% to

    March 22, 2018 10:03 pm JST
  • Google expands in Taiwan, its top Asian R&D hub

    TAIPEI -- Google pledged Wednesday to hire more than 300 professionals for the company's largest expansion in Taiwan, highlighting the island's role as an Asian research hub."It would be our biggest hiring ever in Taiwan," Chien Lee-feng, managing d

    March 21, 2018 11:52 pm JST
  • Taiwan's MediaTek denies merger talks with Singapore's Broadcom

    TAIPEI -- MediaTek, the world's second-largest mobile chip provider after Qualcomm, on Wednesday denied that it was in merger talks with Singapore's Broadcom.MediaTek Chief Financial Officer David Ku said in a statement to the stock exchange that hi

    March 21, 2018 07:17 pm JST
  • Nikkei Asia300 Index falls tracking US stock losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged lower on Tuesday after U.S. indexes plunged overnight, paced by losses in technology companies.The Nikkei Asia300 Index fell 0.1% to 1,466.04. Ayala Corp. tumbled 7.2%. IFR, a Thompson Reuters

    March 20, 2018 08:49 pm JST
  • Xiaomi supplier Q Tech looks to build in India, following phone makers

    HONG KONG/TAIPEI -- Protectionism in India, not the U.S, is shaping Chinese camera module supplier Q Technology's decision-making as it considers starting manufacturing in India following similar moves by its customers.Q Technology, an emerging play

    March 20, 2018 01:39 am JST
  • Nikkei Asia300 Index edges lower as Samsung, LG decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Monday, led by shares of display suppliers after a report that Apple is developing its own screen display technology. South Korean car makers also declined.The Nikkei Asia300 Index declined 0.4

    March 19, 2018 08:34 pm JST
  • New head of Taiwan's top cross-strait agency sworn in

    TAIPEI (Kyodo) -- The new head of Taiwan's top agency on cross-strait affairs took the oath of office on Monday, promising to maintain peace and stability across the Taiwan Strait.Chen Min-tong, a senior member of the ruling Democratic Progressive P

    March 19, 2018 07:42 pm JST
  • Trump signs US-Taiwan travel bill that China has opposed

    WASHINGTON (Reuters) -- President Donald Trump on Friday signed legislation that would allow U.S. officials to travel to Taiwan to meet their Taiwanese counterparts, a move certain to anger China, which views Taiwan as a wayward province.The bill, w

    March 17, 2018 08:30 am JST
  • Global trade surpasses economic growth for first time in 6 years

    TOKYO -- The volume of global trade grew faster than the world economy in 2017 for the first time in six years, as rising demand for semiconductors added fuel to the industry's far-reaching supply chains, thereby ending a period in which global trad

    March 17, 2018 06:50 am JST
  • Nikkei Asia300 Index falls amid U.S. political uncertainty

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday amid more U.S. political uncertainty and one more report of President Donald Trump preparing to impose tariffs on China.The Nikkei Asia300 Index declined 0.5% to 1,473.18.Concerns over U

    March 16, 2018 08:43 pm JST
  • Cover story

    Asia Inc. comes roaring back in 2017

    BANGKOK -- Asia's big corporations posted record profits in 2017 following several lackluster years, with the technology sector in particular taking advantage of solid demand for devices like smartphones and consumer appliances.Samsung Electronics w

    March 16, 2018 03:20 pm JST
  • Trading house Itochu eyes another record profit, CFO says

    TOKYO -- Itochu will aim to beat the record annual profit it has forecast for fiscal 2017 in the coming year and is ready to boost its dividend, the Japanese trading house's chief financial officer told Nikkei.The diversified group's food segment is

    March 16, 2018 03:30 am JST
  • Apple supplier Pegatron's profit falls 24% on Chinese labor costs

    TAIPEI -- Pegatron's net profit declined 24% in 2017 to 14.6 billion New Taiwan dollars ($500 million) amid high labor costs in mainland China and other setbacks, the Taiwanese electronics assembler said Thursday.Delayed product launches and labor s

    March 16, 2018 12:52 am JST
  • Nikkei Asia300 Index little changed as concerns linger over US trade policies

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed on Thursday as uncertainty surrounding U.S. trade polices weighed on the outlook for equities.The Nikkei Asia300 Index closed almost unchanged at 1,480.04.The losses came after

    March 15, 2018 08:49 pm JST
  • For the truth, go to a Taiwan fortunetelling booth

    TAIPEI -- My luck with women has not been good, and is not going to get any better this year, 66-year-old fortuneteller Hong Yu-chen tells me. But next year, things should improve, she says.Her shop is located in the underground mall beneath Hsing T

    March 15, 2018 02:00 pm JST
  • Comment

    Pacific trade rules on digital data may already be outdated

    TOKYO -- When 11 countries from around the Pacific signed a sweeping free trade pact in Chile on March 8, it included rules touted as being geared for the 21st century, including those on digital trade, which will no doubt be key to economic growth

    March 15, 2018 01:00 pm JST
  • Taiwan tech companies log their first revenue dip in 15 months

    TAIPEI The revenue of major Taiwanese tech companies declined year-on-year for the first time in 15 months in February, hit by lackluster iPhone X demand, a slowing mobile market and fewer working days due to the shorter month and Lunar New Year bre

    March 15, 2018 10:00 am JST
  • Rival chipmaker asks China to probe TSMC

    TAIPEI The world's second-largest contract chipmaker has asked Chinese regulators to probe market leader Taiwan Semiconductor Manufacturing Co. for allegedly violating antitrust laws, according to two industry sources familiar with the matter.Global

    March 15, 2018 10:00 am JST
  • Nikkei Asia300 Index falls amid reports US may impose tariffs on Chinese products

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Wednesday amid media reports that the U.S. is looking to impose tariffs on Chinese imports.The Nikkei Asia300 Index slipped 0.4% to 1,480.14. Hong Kong-shares of China Life Insurance lost 1.1%

    March 14, 2018 08:20 pm JST
  • Seoul to decide on new TPP membership by June

    SEJONG, South Korea -- South Korea's finance minister said Tuesday that the country will decide by June if it will join a Japan-led 11-member economic bloc, as the U.S. widens protectionist measures against the export-driven economy.Kim Dong-yeon sa

    March 13, 2018 09:48 pm JST