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  • Nikkei Asia300 Index advances tracking record U.S. stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, buoyed by record-high U.S. equities, even as Chinese developers extended their gains.The Nikkei Asia300 Index advanced 0.3% to 1,312.51. Taiwan's financial markets were closed on Wed

    October 4, 2017 08:58 pm JST
  • Ousted EVA Airways chairman retaliates with new airline

    TAIPEI -- A leading Taiwanese aviation executive has a big dream -- to launch the island's third major commercial carrier as the "Emirates of Taiwan."That dream may be closer to fulfilment than expected. StarLux Airlines has begun preliminary prepar

    October 4, 2017 04:34 pm JST
  • Nikkei Asia300 Index gains as reserve ratio cut boosts Chinese banks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Tuesday, led by Chinese banks following a targeted cut in their reserve requirements by the nation's central bank.The Nikkei Asia300 Index rose 0.8% to 1,309.04. Industrial and Commercial B

    October 3, 2017 08:33 pm JST
  • South Korean baseball seeks to repeat past glories

    SEOUL -- Baseball is the leading sport in South Korea, but the game is battling a series of financial scandals amid worries that its popularity has peaked. Rebuilding the national team as it prepares for the 2020 Tokyo Olympics is seen as crucial fo

    October 3, 2017 11:30 am JST
  • Taiwan's new premier revitalizes President Tsai's fortunes

    TAIPEI -- Taiwanese President Tsai Ing-wen received a boost in popularity since she named William Lai as premier early last month, an appointment that has overcome the cost of his outspoken devotion to the island's sovereignty.Putting out a fireLai

    October 3, 2017 06:16 am JST
  • Founding chairman upbeat as TSMC transitions to dual leadership

    HSINCHU, Taiwan -- Chairman Morris Chang of Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker by revenue, expressed confidence Monday that the company he founded will continue growing faster than the semiconductor indust

    October 3, 2017 01:55 am JST
  • Japan chipmaker Sanken opens design center in Taiwan

    TOKYO -- Japan's Sanken Electric announced on Monday the opening of its first overseas development center in Taiwan.The Japanese chipmaker will hire local engineers and develop software in house to drive its power-control microcomputers. The company

    October 2, 2017 09:38 pm JST
  • Nikkei Asia300 Index rises after China data, Wall Street boost

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan started the December quarter on a positive note, helped by better-than-expected factory activity data from China and a record run on Wall Street.The Nikkei Asia300 Index added 0.5% to 1,298

    October 2, 2017 08:36 pm JST
  • TSMC founder Morris Chang to retire in June

    TAIPEI -- Taiwan's largest contract chipmaker Taiwan Semiconductor Manufacturing Co. said Monday that its founder and Chairman Morris Chang would retire after the annual shareholders' meeting scheduled for early June 2018.In a press release, Chang s

    October 2, 2017 07:21 pm JST
  • Chunghwa Telecom looking overseas with original content

    TAIPEI -- Chunghwa Telecom, Taiwan's fourth-largest company by market capitalization and the island's largest telecom operator, is betting on original video content to drive growth and foster overseas business at a time when its existing services fa

    October 2, 2017 05:02 pm JST
  • Morris Chang, head of world's biggest foundry chipmaker TSMC, to retire

    TAIPEI (Reuters) -- Taiwan Semiconductor Manufacturing Co (TSMC) said its founder and chairman, Morris Chang, will retire next June, after having built the company into the world's biggest foundry chipmaker with a market value of about $185 billion.

    October 2, 2017 04:51 pm JST
  • Taiwan's manufacturing PMI edges down to 54.2 in September

    TOKYO -- The Nikkei Taiwan Manufacturing Purchasing Managers' Index, or PMI, fell marginally in September, but signaled a further improvement in operating conditions across the country's manufacturing sector.The composite indicator of manufacturing

    October 2, 2017 09:30 am JST
  • Nikkei Asia300 Index rises tracking U.S. stocks, rebound in regional currencies

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday, after the S&P 500 index hit a record high in U.S. overnight and as regional currencies rebounded against the dollar.The Nikkei Asia300 Index advanced 0.2% to 1,291.46. However, the inde

    September 29, 2017 08:17 pm JST
  • Nikkei Asia300 Index falls on losses in airline stocks

    MUMBAI (NewsRise) -- Asian shares outside of Japan fell Thursday, as airline stocks extended losses and a proposed U.S. tax cut boosted the dollar.The Nikkei Asia300 Index shed 0.6% to close at 1,288.56. The H-shares of China Eastern Airlines and Ch

    September 28, 2017 08:42 pm JST
  • Toshiba at a turning point: what does the future hold?

    TOKYO -- Toshiba's turmoil may finally be reaching a turning point. After months of flip-flopping, the Japanese conglomerate finally agreed on a deal to sell its prized memory unit to a consortium led by U.S. private-equity firm Bain Capital on Thur

    September 28, 2017 08:40 pm JST
  • Nicholas Spiro

    Emerging Asia investors may finally be turning more cautious

    Despite the dramatic escalation of tensions on the Korean peninsula and the resolve of the U.S. Federal Reserve to withdraw monetary stimulus, Asian government debt is still benefitting from hefty inflows. This year's cumulative inflows are already

    September 28, 2017 01:00 pm JST
  • Nikkei Asia300 Index little changed as Fed, North Korea fears weigh on sentiment

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan ended little changed on Wednesday, as lingering geopolitical tensions and concern the U.S. Federal Reserve may raise interest rates damped investor sentiment.The Nikkei Asia300 Index of som

    September 27, 2017 08:47 pm JST
  • Asian PVC prices climb higher on demand from China, India

    TOKYO -- Polyvinyl chloride prices are on the rise in Asia, thanks to brisk demand for pipe material around the region and weak supply stemming from stricter environmental regulations in China.Formosa Plastics has set its offers for PVC exports to I

    September 27, 2017 11:06 am JST
  • Indonesia, Vietnam leap up global competitiveness list

    GENEVA -- The World Economic Forum's latest global competitiveness list presents a mixed picture for Asia, with big gains by Indonesia and Vietnam and demotions for the likes of Japan and India.The Global Competitiveness Report 2017-2018, released o

    September 27, 2017 07:05 am JST
  • North Korea's isolation grows as even friends turn up the heat

    TOKYO/IRBIL, Iraq -- African and Middle Eastern countries that have enjoyed security and economic ties with North Korea are rethinking their positions, underscoring the swelling international push to tighten the dragnet around the isolated regime fo

    September 27, 2017 06:47 am JST