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  • Nikkei Asia300 Index extends gains as Chinese real-estate developers, airlines advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan continued their impressive start to the year on Monday, tracking record-high U.S. equities. Chinese property developers and airlines led the advance.The Nikkei Asia300 Index rose 0.6% to 1,469.04, e

    January 8, 2018 08:18 pm JST
  • Interview

    Taiwanese chipmaker UMC cuts spending to improve profit

    HSINCHU, Taiwan -- United Microelectronics, the world's no.3 contract chipmaker by market share, is hoping that it can offset headwinds in the quickly maturing smartphone market by tapping into the nascent field of artificial intelligence applicatio

    January 8, 2018 11:00 am JST
  • Consumer services stand out in December in Asia PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index for December saw output growth in 15 of the 19 sectors monitored, the same number with the previous month.Consumer services (55.0) led the expansion, followed by automobiles and auto parts (

    January 8, 2018 09:30 am JST
  • Chinese citizen reportedly behind North Korean oil smuggling

    TAIPEI -- Indications have emerged that China, in one form or another, may have supported the ship-to-ship smuggling of oil to North Korea in October, in violation of United Nations sanctions.Last month, South Korean authorities impounded the Lighth

    January 6, 2018 03:59 am JST
  • Upbeat bluefin tuna auction hides plight of popular delicacy

    TOKYO / NEW YORK -- Fishermen in Oma, northern Japan, were celebrating on Friday as one of their prized bluefin tuna fetched the most money during 2018's first auction at Tokyo's famed Tsukiji fish market.It was the seventh straight year that the to

    January 5, 2018 09:17 pm JST
  • Nikkei Asia300 Index rises tracking global equity rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday as global equities extended their strong start to the year, fueled by upbeat economic data.The Nikkei Asia300 Index rose 0.6% to 1,460.07 on Friday, taking its advance this week to 3.2%.

    January 5, 2018 08:43 pm JST
  • China opens new aviation corridors over Taiwan Strait, Taipei protests

    TAIPEI (Kyodo) -- China opened four new aviation corridors over the Taiwan Strait for use on Thursday, prompting Taiwan to strongly protest and demand immediate negotiations with Beijing.The mainland's Civil Aviation Administration of China announce

    January 4, 2018 09:22 pm JST
  • Nikkei Asia300 Index extends gains as refiners rally on rising crude

    MUMBAI (NewsRise) -- Asian stocks outside of Japan extended their gains on Thursday, as refiners rallied after crude oil prices rose to a more-than-two-year high. Upbeat U.S. manufacturing and construction data also buoyed market participants.The Ni

    January 4, 2018 08:39 pm JST
  • Gogoro's electric scooter wins excellence award

    The 2017 Nikkei Superior Products and Services Awards honor innovations that are not only right, but also blaze trails for the technologies of tomorrow. The winner of the Nikkei Asian Review Award for Excellence is an electric scooter developed by T

    January 4, 2018 02:30 am JST
  • Nikkei Asia300 Index extends gains as tech stocks advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, extending their strong start to the year, after a record close for the S&P 500 Index and Nasdaq Composite.The Nikkei Asia300 Index advanced 1% to 1,442.41, adding to Tuesday's simila

    January 3, 2018 08:40 pm JST
  • Chinese unicorn in shared office sector eyes regional growth

    HONG KONG -- China's largest co-working space provider Ucommune, formally known as UrWork, will move into Hong Kong and Taiwan's prime commercial districts by April to challenge U.S.-based WeWork's dominance in the global market.The Beijing-based co

    January 2, 2018 10:12 pm JST
  • Taiwan's manufacturing PMI signals further sharp improvement

    TOKYO -- The Nikkei Taiwan Manufacturing Purchasing Managers' Index, or PMI, posted 56.6 in December, up from 56.3 in November, signaling a further sharp improvement..A reading above 50 indicates economic expansion, while one below 50 points toward

    January 2, 2018 09:30 am JST
  • 9 Asian business newsmakers to watch in 2018

    Asian companies have had an impressive run in recent years, raising their profiles in the global marketplace. Now that 2018 -- the year of the dog -- is upon us, can they maintain their momentum as new technologies like artificial intelligence and e

    January 1, 2018 06:21 pm JST
  • That's a wrap! What made the business headlines in 2017

    TOKYO -- Asian businesses took center stage this year as new digital technologies such as mobile payments and environmental commitments in areas including electric vehicles changed how people live, triggering new industry alliances and gathering inv

    December 30, 2017 07:30 pm JST
  • China sends chills through South Pacific politics

    SYDNEY -- Controversy swirling around a China-born member of New Zealand's parliament is raising larger questions about Beijing's drive to become a dominant force in the South Pacific.Winston Peters, New Zealand's deputy prime minister, on Dec. 20 c

    December 30, 2017 07:20 pm JST
  • Chinese cities' GDP swell by 2035 but can't beat NY, Tokyo, London

    TOKYO -- China's four economic centers, Shanghai, Beijing, Guangzhou and Tianjin, will be among the world's 10 largest cities in terms of gross domestic product by 2035, but they will still trail New York, Tokyo and London, according to the latest f

    December 30, 2017 07:15 pm JST
  • For Japan's ski resorts, it's no longer all downhill from here

    TOKYO -- It was a movie that defined a Japanese generation's idea of wintertime fun: "Watashi wo Ski ni Tsuretette" (literally, "Take me skiing"). The 1987 romance inspired legions of bubble-era youths to hit the slopes, helping to fuel a ski boom t

    December 30, 2017 09:51 am JST
  • Sony going after Asian mobile game market in 2018

    TOKYO -- The Sony group is gearing up to claim a larger slice of the video game market in Asia by adding smartphone game apps to its offerings next year.Sony unit ForwardWorks will start distributing smartphone games outside Japan in 2018, starting

    December 30, 2017 03:10 am JST
  • Commodities, tech led Asia's first equity bull run in five years

    TOKYO -- For the first time in five years, all key equity markets in Asia enjoyed a bull run in 2017 and market participants expect gains to be extended in 2018."Strong market fundamentals supported by steady recovery of the world economy helped us

    December 29, 2017 08:58 pm JST
  • Nikkei Asia300 Index rises 37% in 2017 as global economic growth picks up

    MUMBAI (NewsRise) -- The Nikkei Asia300 Index rose 37% this year as pickup in global growth, U.S. tax reforms, and continued monetary policy support from major central banks prompted a surge in risk assets. Technology companies in China and South Ko

    December 29, 2017 08:03 pm JST