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  • India's economy to be world's No.3 by 2028: forecast

    TOKYO -- India and key Association of Southeast Asian Nations members will become increasingly vital drivers of Asian growth over the coming decade, while China's economy slows to a pace comparable with the U.S., new projections from the Japan Cente

    December 7, 2017 12:40 pm JST
  • Pope Francis clears a new path for Christianity in Asia

    YANGON/TOKYO On the third day of his recent visit to Myanmar, Pope Francis entered the Kaba Aye Center, one of the most important Buddhist temples in Yangon, with his shoes off in accordance with local customs.There, he delivered a message: "For whe

    December 7, 2017 10:00 am JST
  • Taiwan is embracing marriage equality, and refining its own identity

    I met Chi Chia-wei in November 2016 while covering a rally in support of same-sex marriage in Taipei.Waving a large rainbow flag, and wearing another for good measure, he told me how he had been jailed after coming out as gay in 1986, when Taiwan wa

    December 7, 2017 10:00 am JST
  • Tea Leaves

    Taiwan is embracing marriage equality, and refining its own identity

    I met Chi Chia-wei in November 2016 while covering a rally in support of same-sex marriage in Taipei.Waving a large rainbow flag, and wearing another for good measure, he told me how he had been jailed after coming out as gay in 1986, when Taiwan wa

    December 7, 2017 10:00 am JST
  • Autos the best performer in Asia sector PMI in November

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index for November showed output growth in 15 of the 19 sectors monitored, instead of 13 for the previous month.Automobiles and auto parts (61.0) posted the most pronounced growth, followed by pha

    December 7, 2017 09:30 am JST
  • Signs of stress mount for China's HNA Group

    HONG KONG/BEIJING - Chinese conglomerate HNA Group is facing a host of financing and legal issues as its aggressive global buying spree backfires.In addition to its offshore credit rating sinking deeper into junk territory, the privately held compan

    December 7, 2017 04:15 am JST
  • Nikkei Asia300 Index extends losses on Trump's Jerusalem move

    MUMBAI (NewsRise) -- Asian stocks outside of Japan extended losses on Wednesday, amid concerns that U.S. President Donald Trump's move to recognize Jerusalem as the capital of Israel could trigger unrest in the Middle East.A plunge in copper prices

    December 6, 2017 09:18 pm JST
  • Hong Kong shares mark biggest fall in 13 months

    HONG KONG (Nikkei Markets) -- Hong Kong stocks suffered their steepest drop in 13 months on Wednesday, led by an extended sell-off in some of the year's best gainers.The Hang Seng Index slumped 2.1% to 28,224.80, with 48 of its 51 constituents endin

    December 6, 2017 08:29 pm JST
  • Shenzhen-Hong Kong stock link sparks renewed appetite for mainland shares

    HONG KONG -- A year in, the Shenzhen-Hong Kong Stock Connect program is bringing a steady flow of foreign capital to the mainland bourse as investors snap up yuan-denominated A-shares to be included in an international index and seek to capitalize o

    December 6, 2017 03:50 pm JST
  • When earning nothing is a blessing

    TOKYO -- It was the ultimate lowball bid. During an auction in September to raise funds for the Japan Oil, Gas and Metals National Corp., the winning bidder agreed to loan the money with a 0% interest rate. "Even zero is a blessing," an executive of

    December 6, 2017 03:25 pm JST
  • Cover story

    Asia braces for the end of easy money

    TOKYO -- Visitors to the Royal Palace Park in Phnom Penh don't need to worry if they forget to bring wads of Cambodian riel with them -- all of the owners of the nearby food and drink stalls tell their customers to pay in U.S. dollars anyway. It is

    December 6, 2017 03:25 pm JST
  • Hong Kong shares extend losses after Wall Street's decline

    HONG KONG (Nikkei Markets) -- Hong Kong shares edged lower with the rest of Asia on Wednesday, weighed down by an overnight retreat on Wall Street and mounting selling pressure on Chinese companies listed in the city.The Hang Seng Index was down 1.3

    December 6, 2017 02:15 pm JST
  • Nikkei Asia300 Index falls as technology stocks edge lower

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Tuesday, as a rally triggered by optimism over U.S. tax reforms faded and technology shares resumed their fall.The Nikkei Asia300 Index lost 0.7% to 1,371.98. Index heavyweights Tencent Hol

    December 5, 2017 09:09 pm JST
  • Hong Kong stocks drop to four-week low as techs sink

    HONG KONG (Nikkei Markets) -- Hong Kong shares fell to their lowest level in four weeks on Tuesday, as technology companies came under selling pressure.The Hang Seng Index fell 1% to 28,842.80 as investors appeared to continue taking profits in inte

    December 5, 2017 07:50 pm JST
  • South Korea to hike corporate tax, bucking global trends

    SEOUL -- The South Korean parliament is expected to pass Tuesday a bill to increase corporate taxes to 25% for the highest earning companies from next year, deviating from a global trend of corporate tax cuts.Party leaders agreed to raise the corpor

    December 5, 2017 06:55 pm JST
  • Macau suspends pro-democracy lawmaker as critics protest

    HONG KONG (Reuters) -- Macau has suspended a pro-democracy lawmaker for alleged "disobedience" after he took to the street instead of staying on a sidewalk during a protest, as activists warn suppression of civil rights is growing in the China-ruled

    December 5, 2017 04:20 pm JST
  • China's Chalco to raise about $1.90 billion by selling stakes in 4 units

    HONG KONG (Nikkei Markets) -- Aluminum Corporation of China (Chalco) said it entered agreements to raise a total 12.60 billion yuan ($1.90 billion) by selling stakes in four subsidiaries to investors including China Life Insurance, in a move aimed a

    December 5, 2017 03:49 pm JST
  • Tech stocks drag Hong Kong shares lower after Nasdaq slide

    HONG KONG (Nikkei Markets) -- Hong Kong shares edged lower on Tuesday, led by weaker technology stocks, as an overnight selloff in New York on the Nasdaq Composite spilled over into Asia.The Hang Seng Index lost 0.3% to 29,051.63 by midday. Social m

    December 5, 2017 02:40 pm JST
  • Asia Insight

    Pope Francis clearing new path for Christianity in Asia

    YANGON/TOKYO -- On the third day of his recent visit to Myanmar, Pope Francis entered the Kaba Aye Center, one of the most important Buddhist temples in Yangon, with his shoes off in accordance with local customs.There, he delivered a message: "For

    December 5, 2017 12:15 pm JST
  • Hong Kong PMI up slightly in November

    TOKYO -- The Nikkei Hong Kong Purchasing Managers' Index, or PMI, showed a slight improvement in November thanks to a rebound in sales to mainland China.The composite indicator of business conditions stood at 50.7 in November, up from 50.3 in Octobe

    December 5, 2017 09:30 am JST