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  • Trump to press ASEAN on North Korea and to fix lopsided trade

    MANILA -- Leaders from the Association of Southeast Asian Nations and their counterparts from outside the region have gathered in the Philippine capital for the ASEAN summit and other meetings, which began Monday. On the agenda are key security and

    November 13, 2017 02:03 pm JST
  • Asia-Pacific's in-flight broadband market to grow to $52bn by 2035

    SINGAPORE -- Asia Pacific's in-flight broadband market is set to be worth $52 billion by 2035, with demand being driven by the region's growing affluent middle class, who are willing to pay for an enhanced onboard experience, according to a report b

    November 13, 2017 11:30 am JST
  • RCEP trade agreement delayed till 2018

    MANILA -- The Regional Comprehensive Economic Partnership (RCEP), a proposed trade pact involving 16 countries including China, Japan and the 10 members of the Association of Southeast Asian Nations (ASEAN), will not reach an agreement in 2017, a mi

    November 12, 2017 11:12 pm JST
  • ASEAN signs free trade, investment pacts with Hong Kong

    MANILA (Reuters) -- Hong Kong on Sunday signed free trade and investment pacts with the ten-nation Association of Southeast Asian Nations, in what one of the Chinese territory's senior officials called a "loud and clear" vote against rising regional

    November 12, 2017 06:02 pm JST
  • ASEAN to discuss next month admitting East Timor as new member

    MANILA (Kyodo) -- The Association of Southeast Asian Nations will convene a meeting of senior officials next month to discuss admitting East Timor as a member, ASEAN officials said Sunday.The ASEAN working group on East Timor will meet Dec. 5 on the

    November 12, 2017 03:59 pm JST
  • TPP nations reignite multilateral trade hopes as Trump looks on

    DANANG, Vietnam -- Japan's Economy Minister Toshimitsu Motegi echoed the firm intention among the Trans-Pacific Partnership nations to reignite the flame of multilateral trade at a press conference on Nov. 11."During the four months of [TPP 11] nego

    November 12, 2017 03:54 am JST
  • Trump's isolation stands out as APEC leaders embrace multilateralism

    DANANG, Vietnam - The two-day gathering of the leaders of the Asia-Pacific Economic Cooperation closed on Saturday afternoon with a declaration of collective support for free trade and inclusive economic growth.The leaders focused mainly on trade an

    November 12, 2017 03:51 am JST
  • APEC statement addresses Trump criticism of 'unfair trade'

    DANANG, Vietnam -- Leaders of the Asia-Pacific Economic Cooperation (APEC) member states called for reciprocal trade and a fight against "all unfair trade practices" on Nov. 11, a move heavily influenced by complaints from U.S. President Donald Trum

    November 11, 2017 09:28 pm JST
  • APEC leaders agree to address 'unfair trade practices'

    DANANG, Vietnam (Reuters) -- Asia-Pacific leaders on Saturday agreed to address "unfair trade practices" and urgently called for the removal of "market distorting subsidies," in contrast to communiques they have issued in the past.A joint statement

    November 11, 2017 08:59 pm JST
  • Asia's 'No. 1' chef Gaggan relocating to Fukuoka from Bangkok

    BANGKOK -- When chef Gaggan Anand announced that he would be closing Gaggan, his eponymous Bangkok restaurant, in June 2020, foodies around the world rushed to make reservations. Now the eatery, which was always hard to get a table for, is booked so

    November 11, 2017 12:12 am JST
  • Nikkei Asia300 Index falls as U.S. tax plan disappoints investors

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday after a tax plan released by U.S. Senate Republicans sought to delay a cut in corporate taxes by a year.The Nikkei Asia300 Index declined 0.2% to 1,389.11. For the week, the index edged

    November 10, 2017 09:02 pm JST
  • Trump warns Indo-Pacific nations on 'trade abuses'

    DANANG, Vietnam -- U.S. President Donald Trump on Friday delivered a strongly worded message on trade to Indo-Pacific countries, demanding trade relationships be fair and reciprocal. Trump said the U.S. will no longer tolerate chronic trade abuses u

    November 10, 2017 08:52 pm JST
  • Thai industrial park developer plumbs expansion on the Mekong

    BANGKOK -- Amata Corp. of Thailand plans to develop industrial estates in cheaper neighboring countries along the Mekong River where it is betting manufacturing will pick up.Amata will begin development of two sites in Vietnam and one in Myanmar nex

    November 10, 2017 04:40 pm JST
  • Indorama Ventures buying plastic feedstock maker in Portugal

    BANGKOK -- Thai petrochemical company Indorama Ventures said Thursday it will acquire a Portuguese plant making a feedstock for PET, one of the most commonly used plastics.The plan is to purchase Artlant PTA, which produces purified terephthalic aci

    November 10, 2017 01:19 am JST
  • Nikkei Asia300 Index gains as China factory prices rise faster than expected

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Thursday after China's factory prices rose faster than expected, signaling strong global demand.The Nikkei Asia300 Index rose 0.1% to 1,391.42Earlier on Thursday, data showed that producer

    November 9, 2017 08:59 pm JST
  • Thai developer Sansiri invests $80m in hotel, other brands

    BANGKOK -- Thai real estate group Sansiri announced strategic partnerships Wednesday with six emerging companies, looking to use their expertise and technology to differentiate itself from property developers.Sansiri will invest a total of $80 milli

    November 9, 2017 01:10 pm JST
  • Bangalore best city to do business: survey

    SINGAPORE -- Bangalore is considered by executives to be the city with the most conducive environment for trade and digitalization, according to a survey on business confidence conducted by the Economist Intelligence Unit. The worldwide survey showe

    November 9, 2017 11:30 am JST
  • Big week ahead for Asia's politics and economy

    TOKYO -- Leaders from the Asia-Pacific Economic Cooperation forum and the Association of Southeast Asian Nations will hold a string of meetings over the course of the next seven days in what is shaping up to be a week that could decide the future po

    November 9, 2017 10:34 am JST
  • Asia's top economies lose ground on gender equality

    TOKYO Asia's largest economies dropped in the World Economic Forum's latest gender equality ranking, announced on Nov. 2, with India falling 21 places to 108th.The Global Gender Gap Index shows that while the region has become a major driver of the

    November 9, 2017 10:00 am JST
  • Asian manufacturing logs slow growth in October

    HONG KONG Asian manufacturing registered continued growth in October, mostly, with just two of the 12 economies surveyed by The Nikkei seeing a contraction. However, the pace eased as producers felt the pinch of rising costs.The Nikkei ASEAN Manufac

    November 9, 2017 10:00 am JST