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  • 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
  • Southeast Asian medical services providers eye China market

    SINGAPORE -- Southeast Asian medical services providers are turning their sights toward China, with the aim of attracting the growing medical demands of wealthy Chinese as the population ages and more foreign companies expand their businesses in the

    January 3, 2018 06:00 pm JST
  • ASEAN manufacturing PMI slips to 49.9 in December

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, slipped to 49.9 in December from 50.8 in November.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."The ASEAN manufacturin

    January 3, 2018 09:30 am JST
  • Singapore shares edge higher on better-than-expected growth

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares began the New Year on a positive note after fourth-quarter economic growth beat expectations and private home prices rose for a second consecutive quarter.Malaysian equities dropped, pulling back fro

    January 2, 2018 07:15 pm JST
  • Internationalization of yuan loses momentum

    BEIJING/SHANGHAI -- The international use of the yuan, promoted by the Chinese leadership, has lost momentum as the Chinese government has toughened capital controls in the face of the currency's depreciation and capital outflows from the country.Th

    January 2, 2018 03:07 pm JST
  • Fugitive Vietnamese businessman detained in Singapore, lawyers say

    SINGAPORE (Reuters) -- A real estate developer wanted by Vietnamese authorities amid a crackdown on corruption has been detained in Singapore, lawyers representing him said on Tuesday.Phan Van Anh Vu, 42, was detained in Singapore on Thursday at the

    January 2, 2018 11:40 am JST
  • Vietnam's manufacturing PMI rises to 52.5 in December

    TOKYO -- The Nikkei Vietnam Manufacturing Purchasing Managers' Index, or PMI, rose to a three month high of 52.5 in December from November's 51.4.A reading above 50 indicates economic expansion, while one below 50 points toward contraction. "The Vie

    January 2, 2018 09:30 am JST
  • Sink-or-swim time for ASEAN latecomers as tariffs come down

    HANOI -- Cambodia, Laos, Myanmar and Vietnam are no longer getting the kid-gloves treatment in the ASEAN Economic Community.As late entrants to the Association of Southeast Asian Nations, the four countries were initially exempted from abolishing so

    January 1, 2018 09:01 am JST
  • Southeast Asian countries vie for port supremacy

    SINGAPORE -- The Port of Singapore has long been the unchallenged leader among marine transport hubs in Southeast Asia, but that may be changing as it suffers slowing growth in container traffic growth and nearby ports in Indonesia and Malaysia ga

    December 31, 2017 11:00 am 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
  • 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
  • Modi backs India-Myanmar-Thailand highway's Indochina extension

    NEW DELHI -- India is pushing an ambitious highway initiative through Myanmar and Thailand to connect with Vietnam through Cambodia and Laos, which observers of Southeast Asia see as part of its efforts to counter China's Belt and Road Intiative (BR

    December 29, 2017 06:02 pm JST
  • Investors shrug as Vietnam tries new rules to stoke IPO interest

    HO CHI MINH CITY -- Vietnam has a backlog of state-owned enterprises queued up for initial public offerings in the final few days of the year and in the first month of 2018 -- despite not much investor interest.On Dec. 25, in an IPO on the Hanoi Sto

    December 29, 2017 10:15 am JST
  • Nikkei Asia300 Index gains as technology stocks recover

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, as technology companies recovered from losses triggered by concerns over demand for Apple's iPhone.The Nikkei Asia300 Index advanced 0.8% to 1,407.51. Index heavyweight Samsung Electr

    December 28, 2017 09:11 pm JST
  • Asia in pictures 2017

    A year of missiles, murder, mourning and Trump

    TOKYO -- Having witnessed the assassination of Kim Jong Nam, the Rohingya refugee crisis and high profile scandals at some of the world's largest companies, it has been a tumultuous year for Asia. Here is a look back at the most striking images of 2

    December 28, 2017 07:45 pm JST
  • Upstart Hong Kong insurer FWD seeks a 'pan-Asian' reach

    HONG KONG Insurance company FWD Group has made impressive inroads across Asia in just half a decade, pairing an aggressive acquisition strategy with a technology-focused approach aimed at tapping the region's young and growing middle class.Hong Kong

    December 28, 2017 10:00 am JST
  • Japan returns as top investor in Vietnam

    HANOI -- Japan became Vietnam's biggest foreign direct investor in 2017, reclaiming the crown from South Korea after a three-year gap.Foreign direct investment in the Southeast Asian nation jumped 44.4% on the year to $35.8 billion, according to gov

    December 28, 2017 02:32 am JST
  • Record exports help lift Vietnam's 2017 GDP growth to 6.81 pct - govt

    HANOI (Reuters) -- Vietnam's economy grew more quickly this year than in 2016 because of higher domestic demand, record export earnings and the government's economic reforms, the head of the General Statistics Office said on Wednesday.According to p

    December 27, 2017 09:13 pm JST
  • Nikkei Asia300 Index gains as energy stocks rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Wednesday, led by energy companies as U.S. crude oil prices rallied to their highest level since June 2015.The Nikkei Asia300 Index rose 0.2% to 1,396.72. H-shares of CNOOC added 1.8%, Petr

    December 27, 2017 08:21 pm JST