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  • Player swaps across Southeast Asia help soccer grow

    KUALA LUMPUR Southeast Asia's top soccer talent is on the move, with the biggest teams in Thailand and Malaysia signing 24 players from outside those countries as the 2018 season kicks off. Last year, this figure was just three.Some of the best play

    March 15, 2018 10:00 am JST
  • Vietnam is next target for Amazon, a newcomer in Southeast Asia

    HANOI -- With its move into Vietnam, seeks to cater to a fast-rising middle class, but faces logistical hurdles as well as no shortage of rivals."Amazon is after Vietnam's 100 million-strong market," says a local journalist covering the t

    March 15, 2018 05:54 am JST
  • Kim Jong Nam murder trial hears how Vietnamese accused was recruited

    SHAH ALAM, Malaysia (Kyodo) -- A Vietnamese woman who introduced her compatriot to the North Korean masterminds behind the assassination of Kim Jong Nam, the estranged half-brother of North Korean leader, believes she was duped, a Malaysian court he

    March 14, 2018 11:06 pm 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
  • Vietnam pulls state-carrier's acquisition of Buddhist pay-TV

    HO CHI MINH CITY -- Vietnam's Ministry of Information and Communications said on Tuesday that MobiFone, a state-owned mobile carrier, and private local pay-TV operator Audio Visual Global have called off their acquisition deal.In January 2016, MobiF

    March 14, 2018 12:16 am JST
  • Singapore PM tells ASEAN to adjust to new power balance

    SINGAPORE -- The Association of Southeast Asian Nations should adjust to a new power balance in Asia so that individual members and the group can benefit from increasingly influential China and India, Singapore Prime Minister Lee Hsien Loong said in

    March 13, 2018 10:39 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
  • Nikkei Asia300 Index gains as Chinese banks, semiconductor makers advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, as Agricultural Bank of China led mainland lenders higher following plans of a private placement and upbeat earnings.The Nikkei Asia300 Index rose 0.6% to 1,485.36. Hong Kong-shares of

    March 13, 2018 08:34 pm JST
  • Kakao to roll out ride services in Japan and Southeast Asia

    SEOUL -- Kakao is expanding its transportation services to Japan and Southeast Asia, as the South Korean internet company runs into regulatory obstacles in its home market. John Chung, CEO of Kakao Mobility, said South Korean tourists will soon be a

    March 13, 2018 04:19 pm JST
  • India pivots to Southeast Asia to counter China's growing clout

    India is determined to act as a counterweight to China's strong presence in Southeast Asia. This policy should find support from countries such as Indonesia, the Philippines and Vietnam amid discontent over economic imbalances and China's territoria

    March 13, 2018 11:00 am JST
  • Warburg Pincus to pump $370m into Vietnam's Techcombank

    HO CHI MINH CITY -- Vietnam Technological and Commercial Joint Stock Bank, or Techcombank, said on Monday that U.S.-based private equity firm Warburg Pincus plans to invest $370 million in the lender.The investment, subject to regulatory approvals,

    March 13, 2018 12:25 am JST
  • Amazon to enter Vietnam in challenge to Alibaba

    HO CHI MINH CITY -- is to officially launch its e-commerce services in Vietnam, with the aim of taking on Chinese rival Alibaba Group Holding in one of the fastest-growing e-tailing markets in the world.The U.S. company has partnered with

    March 12, 2018 10:05 pm JST
  • Paris airport operator to bid in Hokkaido privatization

    HONG KONG -- France's Groupe ADP plans to bid for the right to operate the international airport serving Sapporo, Japan and is in talks to assemble a consortium for this purpose.The Japanese government plans to privatize the airport, in a package wi

    March 12, 2018 10:05 pm JST
  • Nikkei Asia300 Index jumps as US jobs data fuel equity gains

    MUMBAI (NewsRise) -- Asian stocks outside of Japan jumped Monday, as subdued U.S. wage growth eased fears the Federal Reserve may raise its interest rate outlook at its next meeting.The Nikkei Asia300 Index rose 1.7% to 1,476.76. Energy companies ad

    March 12, 2018 08:43 pm JST
  • Myanmar's once-sleepy coffee industry reborn as 'premium' origin

    MANDALAY, Myanmar -- The Southeast Asian nation of Myanmar is making waves in the coffee business, thanks to a climate and topography that lends itself to coffee growing and new technology from abroad that has improved the quality of its beans.This

    March 11, 2018 02:27 pm JST
  • 'TPP 11' emerges as bulwark against American protectionism

    SANTIAGO -- The revised Trans-Pacific Partnership trade pact signed here Thursday is positioned to serve as a critical bastion against the Trump administration's protectionist policies amid prospects of taking effect this year and welcoming new memb

    March 10, 2018 02:00 pm JST
  • Nikkei Asia300 Index rises on softened US import tariffs

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose on Friday and for the week after U.S. President Donald Trump announced plans for import tariffs on steel and aluminum that were less severe than initially feared.The Nikkei Asia300 Index advanc

    March 9, 2018 08:19 pm JST
  • Eleven countries sign revamped TPP in Chile

    SANTIAGO, Chile -- Eleven Pacific Rim countries signed the revised Trans-Pacific Partnership here Thursday afternoon, finalizing the trade and investment agreement just over a year after the American withdrawal left its fate in question.The pact, re

    March 9, 2018 05:32 am JST
  • Once a world leader, Asia now trails in women lawmakers

    TOKYO -- Back in 1995, Asia was at the forefront of breaking the political glass ceiling for women. Twenty-three years later, the region has fallen behind the world average.Asia's average proportion of women in parliament -- lower and upper houses c

    March 8, 2018 12:10 pm JST
  • Rising costs loom over Asia's upbeat factory activity

    HONG KONG Factory activity across much of Asia expanded in February, but manufacturers in some countries are coming under pressure from rising materials costs as local currencies weaken against the dollar, the latest Nikkei Manufacturing Purchasing

    March 8, 2018 10:00 am JST