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  • Malaysia Airlines CEO resigns abruptly

    KUALA LUMPUR -- Malaysia Airlines CEO Peter Bellew resigned on Tuesday, midway through a three-year contract that was supposed to end June 2019.Bellew, who joined the national flag carrier in 2015 as its chief operating officer before replacing Chri

    October 17, 2017 09:58 pm JST
  • Nikkei Asia300 Index gains tracking record-high U.S. stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged higher on Tuesday after all major U.S. indexes climbed to records overnight.The Nikkei Asia300 Index advanced 0.1% to 1,358.91.U.S stocks rose Monday along with the dollar, while bond yields d

    October 17, 2017 08:31 pm JST
  • Singapore stocks gain on Singtel, Malaysia shares fall to six-month low

    KUALA LUMPUR (Nikkei Markets) -- Singapore stocks rose Tuesday, as heavyweight Singapore Telecommunications extended its rally to two-month highs. Malaysian shares fell to a six-month low, as CIMB Group Holdings led losses among financial companies.

    October 17, 2017 08:23 pm JST
  • Top Glove may announce an acquisition in one month

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's Top Glove may announce an acquisition in one month, its chairman said Tuesday, as the world's largest rubber glove producer seeks more purchases to power growth.The company has planned capital expenditure

    October 17, 2017 07:09 pm JST
  • Malaysia advances high-speed rail project linking Singapore

    KUALA LUMPUR -- Malaysian Prime Minister Najib Razak said on Tuesday that the land acquisition process has started for the high-speed rail project linking Kuala Lumpur with Singapore, paving the way for the bidding process to begin by the end of the

    October 17, 2017 06:50 pm JST
  • Mahathir targets Najib's exit as election looms

    KUALA LUMPUR -- Prime Minister Najib Razak may dissolve Malaysia's parliament as early as this month for an election expected by mid-2018 that would pit the ruling coalition against an opposition led by Mahathir Mohamad, a former prime minister reso

    October 17, 2017 03:21 pm JST
  • Singapore stocks rise for third day, Malaysian equities little changed

    KUALA LUMPUR (Nikkei Markets) -- Singapore stocks rose for a third day on Monday, tracking gains in most regional markets after lower-than-expected U.S. inflation data. Malaysia stocks were little changed amid lingering concerns over foreign fund ou

    October 16, 2017 08:07 pm JST
  • Why forest protection in Southeast Asia will hurt Japan

    Japan's construction sites heavily rely on lumber from Southeast Asian countries that are now significantly cutting exports due to deforestation concerns.While there are hopes that Japan's own lumber industry can pick up the slack, that is unlikely.

    October 14, 2017 07:00 pm JST
  • Japanese shipper expands halal logistics to Indonesia

    TOKYO -- Yusen Logistics has become the first Japanese freight company to receive halal certification in Indonesia, part of an effort to expand in a fast-growing region with a large Muslim population.The Nippon Yusen group member's system for shippi

    October 14, 2017 03:40 am JST
  • Nikkei Asia300 Index gains as Singapore stocks rally on economic growth

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday, helped by a rally in Singapore shares after better-than-expected third-quarter economic growth in the city-state.Samsung Electronics declined as record earnings were overshadowed by the

    October 13, 2017 08:45 pm JST
  • Singapore stocks rise to two-month highs, Malaysia shares edge higher

    KUALA LUMPUR (Nikkei Markets) -- Singapore stocks rose Friday to new two-month highs after the city-state's third-quarter economic growth beat estimates. The index also clinched its second consecutive weekly gains, helped by property developers.Mala

    October 13, 2017 08:06 pm JST
  • Top Glove's 4Q net profit rises 51% on higher sales volume

    KUALA LUMPUR (Nikkei Markets) -- Malaysian rubber glove maker Top Glove Corporation said Friday its net profit jumped 51% in the fiscal fourth quarter thanks to higher sales volume, and the company plans to acquire a packaging material firm to impro

    October 13, 2017 07:24 pm JST
  • Anthony Couse

    Green office blocks secure better tenants

    Singapore's Asia Square Tower 2 made headlines last month when it was sold to CapitaLand Commercial Trust for $1.5 billion, setting the record for the biggest office deal in Asia Pacific this year. In 2016, Asia Square Tower 1 was acquired by Qatar

    October 13, 2017 03:00 pm JST
  • ASEAN renews currency swap deal to provide $2bn support: Malaysia central bank

    KUALA LUMPUR (Reuters) -- The Association of Southeast Asian Nations (ASEAN) has agreed to renew a currency swap deal for two more years from Nov. 17, providing a total of $2 billion in financial support, the Malaysian central bank said on Friday. T

    October 13, 2017 02:08 pm JST
  • 'TPP 11' should preserve all agreed-upon rules: ex-US trade chief

    TOKYO -- As the 11 remaining parties to the Trans-Pacific Partnership work to ratify the trade deal, possibly by November, a former U.S. trade representative warns that the pact could be severely weakened unless efforts are made to keep "high standa

    October 13, 2017 12:37 pm JST
  • Southeast Asian countries launch trilateral air patrols

    KUALA LUMPUR -- Three Southeast Asian countries on Thursday launched trilateral air patrols and intelligence sharing, aiming to keep a lid on Islamist militancy in the region.The move follows joint sea patrols that began in June in the Sulu Sea off

    October 12, 2017 09:08 pm JST
  • Taiwanese companies fuel gains in Nikkei Asia300 Index

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, helped by a rally in Taiwanese companies and overnight gains on Wall Street.The Nikkei Asia300 Index rose 0.7% to 1,345.96.All the three major U.S. indexes climbed to records on Wedne

    October 12, 2017 08:44 pm JST
  • Singapore stocks rise to highest in 2 months as banks gain, Malaysian equities fall

    KUALA LUMPUR (Nikkei Markets) -- Singapore stocks rose to the highest in two months on Thursday, as banks gained ahead of the monetary policy decision and Singapore Press Holdings advanced after earnings. Malaysia shares fell for a third day.Singapo

    October 12, 2017 07:56 pm JST
  • Malaysia August industrial production growth at 2-year high

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's industrial production growth rate accelerated in August to a two-year high driven by manufacturing activities and mining output, official data released Thursday show.The industrial production index - a mea

    October 12, 2017 07:24 pm JST
  • Nouriel Roubini

    Three scenarios for the global economy

    For the last few years, the global economy has been oscillating between periods of acceleration (when growth is positive and strengthening) and periods of deceleration (when growth is positive but weakening). After over a year of acceleration, is th

    October 12, 2017 01:00 pm JST