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  • 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
  • Honda, Ducati lead shift to big motorbikes in Thailand

    In less than a decade, Thailand has gone from a marginal producer of "big bikes" -- loosely defined as motorcycles over 400cc or 500cc -- to a leading exporter, mirroring the country's success as an auto manufacturing hub. Nearly all major brands no

    December 26, 2017 11:00 am JST
  • Economic picture brightens for ASEAN and India toward 2018

    In the most recent quarterly survey of major economies in Asia by The Japan Center for Economic Research and the Nikkei, economists were mostly upbeat, with growth forecasts rising toward 2018. India's expansion is expected to pick up as it shakes o

    December 26, 2017 09:58 am JST
  • Australia seeks 80% free trade coverage by 2020

    SYDNEY -- Australia's government remains eager to conclude more free trade agreements in its region, both bilateral pacts and regional deals like the Trans-Pacific Partnership, Foreign Minister Julie Bishop tells The Nikkei."We want to expand our tr

    December 26, 2017 05:00 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
  • 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
  • Stephen Grenville

    Bitcoin bubble to burst

    Bitcoin is not a substitute or alternative for conventional currency, and cannot become one. It cannot operate as an effective medium of exchange, unit of account, or store of value. Its use in crowdfunding is a gimmick. Like the 17th century Dutch

    December 21, 2017 12:46 pm JST
  • Singtel is on the hunt for digital opportunities

    SINGAPORE Singapore Telecommunications is leading a group of six major Asia-Pacific telecommunication operators as it goes on the hunt for opportunities to cooperate with -- and possibly invest in -- digital businesses. Arthur Lang, who became chief

    December 21, 2017 10:00 am 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
  • Using drones to replant lost forests

    MAE SA MAI, Thailand The Phantom whirred skyward, hovered, then veered off to skim over a tropical forest, peering into its tangled, soaring canopy. It was a test mission for this agile drone -- not to target an enemy hiding below, but to bring new

    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
  • Chat app Line shares its Japan platform with China's Mobike

    TOKYO -- Chinese bike-sharing company Mobike hopes to push further into Japan through a partnership with Line that was announced on Wednesday.Line, whose chat app is ubiquitous in Japan and a few other spots in Asia, will acquire up to 20% of Mobike

    December 20, 2017 05:56 pm JST
  • Toyota offers shared electric cars in Thailand

    BANGKOK -- Toyota Motor on Tuesday celebrated the launch of a service in Thailand that lets users rent electric cars by the minute, hoping to eventually roll it out to other emerging economies.The Japanese automaker brought 10 single-seat electric c

    December 20, 2017 06:49 am JST
  • Thai junta says it will lift ban on politics, paving way for election

    BANGKOK (Reuters) -- Thai Prime Minister Prayuth Chan-ocha said on Tuesday he would use a special order that gives the military sweeping powers to allow political parties to prepare for next year's general election.Major parties had urged the govern

    December 19, 2017 10:22 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