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  • Vietnam police arrest ex-politburo member over misconduct

    Hanoi (Reuters) -- Vietnamese police arrested on Friday a former top Communist Party official suspected of misconduct while he was chairman of the main state energy firm, the first former politburo member to face prosecution in decades.Police issued

    December 9, 2017 04:19 pm JST
  • Vietnam police arrest ex-politburo member over misconduct

    HANOI (Reuters) -- Vietnamese police on Friday arrested a former top Communist Party official suspected of misconduct while he was chairman of the main state energy firm, the first former politburo member to face prosecution in decades.Police issued

    December 9, 2017 03:49 am JST
  • Vietnam police issue arrest order for ex-top official over misconduct

    HANOI (Reuters) -- Vietnamese police issued an arrest order on Friday for a former top Communist Party official suspected of misconduct while he was chairman of the main state energy firm, the first former politburo member to face prosecution in dec

    December 8, 2017 10:07 pm JST
  • Wall Street rally lifts Nikkei Asia300 Index as tech selloff eases

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday, boosted by an overnight rally on Wall Street and robust China trade data.The Nikkei Asia300 Index advanced 1% to 1,368.40, trimming the gauge's losses since last Friday to 0.4%. Hong-Ko

    December 8, 2017 08:46 pm JST
  • Vietnam makes slow progress in listing its banks

    HO CHI MINH CITY -- Vietnam's commercial banks are seeing slow progress in floating their shares on the stock market, despite a government target to list 10 banks between 2013 and 2016. Ho Chi Minh City Development Joint Stock Commercial Bank, or HD

    December 7, 2017 11:39 pm JST
  • Nikkei Asia300 Index little changed as tech firms gain, offsetting weak energy stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed as a rebound in technology heavyweights offset a fall in energy producers after Brent crude prices dropped to their lowest in more than a month.The Nikkei Asia300 Index ended al

    December 7, 2017 08:15 pm JST
  • Comment

    Tomorrow's game: Offshore production with robots

    TOKYO -- Cambodia's capital, Phnom Penh, has been at the forefront of offshoring in recent years, attracting foreign investors in droves as they scour the world for a low-cost alternative to production in China, where wages are rising.But a recent v

    December 7, 2017 03:10 pm JST
  • 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
  • Remembering former ASEAN Secretary-General Surin Pitsuwan

    BANGKOK In what would be his final interview, Surin Pitsuwan spoke passionately about a topic close to his heart: the future of the Association of Southeast Asian Nations. The former secretary-general of ASEAN died hours later of a heart attack in B

    December 7, 2017 10:00 am JST
  • Michael Vatikiotis: The statesman who raised Southeast Asia's profile

    Southeast Asia is a hard region for anyone to straddle. There is no common language, sovereignty is strongly asserted, and there are plenty of deeply felt enmities. If there was one man in recent history who managed to overcome some of these obstacl

    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
  • 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
  • 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
  • US slaps duties on Vietnamese steel originating from China

    WASHINGTON (Reuters) -- The U.S. Commerce Department on Tuesday slapped steep import duties on steel products from Vietnam that originated in China after finding they evaded U.S. anti-dumping and anti-subsidy orders.The decision marked a victory for

    December 6, 2017 08:17 am JST
  • Southeast Asia's new-car sales climb 3% in October

    BANGKOK -- New-car sales in six major Southeast Asian countries grew 3% on the year in October, with double-digit growth in the Philippines and Thailand compensating for declines in Malaysia and Vietnam.Total unit sales for the region reached 279,71

    December 6, 2017 05:29 am 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
  • Vietnam to remove tariffs on autoparts from January

    HANOI -- The Vietnamese government plans to eliminate tariffs on key autoparts from January. The move follows the planned termination of tariffs on cars within the region, as the Association of Southeast Asian Nations Economic Community becomes full

    December 5, 2017 06:09 pm JST