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  • Cover story

    'Social enterprises' rise in Asia amid skepticism

    BANGALORE -- Wearing blue surgeon's scrubs as he chats with a heart patient from Bangladesh, Dr. Devi Shetty hardly looks like a typical corporate chairman. But there is little about Shetty and the hospital group he founded, Narayana Health, that is

    December 27, 2017 04:00 pm JST
  • Nikkei Asia300 Index falls as Singapore rig builders, Apple suppliers decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Tuesday, weighed by losses in Singaporean rig builders following a corruption probe. Apple suppliers declined amid concerns over slowing demand for the iPhone X.The Nikkei Asia300 Index dropped

    December 26, 2017 08:08 pm JST
  • Comment

    QE unwinding is more dangerous than it appears

    At the end of November, South Korea raised interest rates for the first time in six years.South Korea is one of many emerging markets where central banks quietly piggybacked on unconventional monetary policy implemented by central banks in developed

    December 26, 2017 02:40 pm JST
  • Thailand's M&A king lives up to his reputation with $4.8 bn Saigon Beer deal

    BANGKOK -- With deep pockets from his extensive beverage and property businesses, Charoen Sirivadhanabhakdi, the self-made billionaire behind Thailand's popular Beer Chang, is widely regarded as Thailand's king of M&A.He confirmed that reputation wh

    December 26, 2017 11:45 am JST
  • Japan pushes for March signing of TPP 11

    TOKYO -- The Japanese government is working to have a retooled version of the Trans-Pacific Partnership, the multilateral trade and investment agreement abandoned by the U.S, signed by early March.But labor rights and other issues remain sticking po

    December 26, 2017 04:37 am JST
  • Upstart Hong Kong insurer FWD seeks '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 K

    December 24, 2017 12:00 pm JST
  • Nikkei Asia300 Index posts weekly gains on US tax optimism

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan rose Friday to end the week higher, as global markets cheered the passage of a U.S. tax reform bill by Congress.The Nikkei Asia300 Index rose 0.7% to 1,397.39 on Friday, climbing 1.4% for the wee

    December 22, 2017 08:47 pm JST
  • Vietnam's hydropower dam builder to raise $100m in IPO

    HO CHI MINH CITY -- Vietnam's state-owned Song Da Corporation plans to raise some 2.4 trillion dong ($106 million) at its initial public offering on the Hanoi Stock Exchange on Dec. 25.More than 219 million shares -- nearly 49% of the total -- will

    December 22, 2017 02:41 am JST
  • Nikkei Asia300 Index edges lower, dragged by South Korean stocks

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan edged lower, weighed by losses in South Korea after heavyweight Samsung Electronics posted its biggest single-day drop this month.The Nikkei Asia300 Index ended 0.1% lower at 1,388.Samsung Electr

    December 21, 2017 09:08 pm JST
  • ThaiBev is taking over Vietnam's largest beer maker

    BANGKOK A Thai Beverage affiliate won the right to buy a roughly 54% stake in Vietnam's Saigon Beer Alcohol Beverage Corp. in what is to be the Vietnamese government's biggest divestment of a state-owned enterprise.The ThaiBev unit, Vietnam Beverage

    December 21, 2017 10:00 am JST
  • IFC, Asian banks extend loan to support Vietnam businesswomen

    HO CHI MINH CITY -- The International Finance Corp. and Goldman Sachs 10,000 Women are providing a syndicated senior loan of $110 million to Vietnam's An Binh Commercial Bank (ABBank) to stimulate lending to small and medium enterprises.It is the fi

    December 21, 2017 02:19 am JST
  • Nikkei Asia300 little changed after Wall Street pulls back

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan ended little changed on Wednesday after U.S. equity indexes retreated from record highs overnight.The Nikkei Asia300 fell 0.03% to 1,389.34.Wednesday's tepid trade in Asia came as investors appea

    December 20, 2017 08:34 pm JST
  • Nikkei Asia300 rises after Wall Street swells on tax cut hopes

    NEW DELHI (NewsRise) -- Asian stocks advanced Tuesday after U.S. equity indexes extended their record-run amid optimism surrounding a tax overhaul in the world's largest economy.The Nikkei Asia300 Index rose 0.4% to 1,389.76. Technology heavyweights

    December 19, 2017 08:26 pm JST
  • ThaiBev to acquire majority of Vietnam's largest brewer

    BANGKOK -- A Thai Beverage affiliate won the right to buy around 54% stake in Vietnam's Saigon Beer Alcohol Beverage Corp. in what is to be the Vietnam government's biggest divestment of a state-owned enterprise.The ThaiBev unit, Vietnam Beverage, w

    December 18, 2017 09:06 pm JST
  • Nikkei Asia300 rises after US indexes set records on tax cut bets

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced following a record-setting session on Wall Street amid optimism over U.S. corporate tax cuts as voting on the long-awaited overhaul draws near.The Nikkei Asia300 Index added 0.5% to 1,384.8

    December 18, 2017 08:49 pm JST
  • Hanoi counts on Saigon Beer divestment to raise over $4bn

    HO CHI MINH CITY -- A second bidder has joined the auction of Saigon Beer Alcohol Beverage Corp., or Sabeco, but Thai Beverage is still seen as the most likely buyer of a controlling stake of the country's largest brewer for over $4 billion.Vietnam'

    December 18, 2017 02:16 am JST
  • ThaiBev affiliate cleared to bid for 51% of Vietnam's Sabeco

    HANOI -- The Vietnamese government has effectively declared Thai Beverage eligible to buy a controlling stake in Saigon Beer Alcohol Beverage Co., the country's largest brewer.The government, which is gradually moving to privatize state-owned enterp

    December 16, 2017 02:12 am JST
  • Nikkei Asia300 Index falls tracking Wall Street losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday as uncertainty over U.S. tax reforms damped investors' risk appetite.Indian shares rallied, bucking the trend, after exit polls predicted a victory for Prime Minister Narendra Modi's Bha

    December 15, 2017 08:24 pm JST
  • Nikkei Asia300 Index gains as Fed sticks to rate hike forecasts

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday after the U.S. Federal Reserve retained its forecast of three rate increases for next year.The Nikkei Asia300 Index advanced 0.3% to 1,383.61, paced by a rally in Chinese and Hong Kong

    December 14, 2017 08:53 pm JST
  • Nikkei Editorial

    Japan must support language education for foreign residents

    Japanese language skills are vital for ensuring that foreign residents are able to integrate into and thrive in Japanese society. Indeed, many people from overseas have difficulty living in Japan precisely because they lack such skills. With Japan's

    December 14, 2017 10:00 am JST