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  • Nikkei Asia300 Index falls amid U.S. political uncertainty

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday amid more U.S. political uncertainty and one more report of President Donald Trump preparing to impose tariffs on China.The Nikkei Asia300 Index declined 0.5% to 1,473.18.Concerns over U

    March 16, 2018 08:43 pm JST
  • Singapore, Malaysia stocks post weekly gains as U.S. rate concerns ease

    KUALA LUMPUR (Nikkei Markets) -- Singapore equities advanced this week, boosted by Singapore Telecommunications and easing concerns over the U.S. Federal Reserve's interest rate increases.Malaysia shares snapped a two-week losing run, paced by lende

    March 16, 2018 08:14 pm JST
  • Top Glove to spend 100 million ringgit on Vietnam plant

    KUALA LUMPUR (Nikkei Markets) -- Top Glove, the world's largest rubber gloves maker, plans to spend 100 million ringgit ($25.5 million) to build a plant in Vietnam as China operations cost escalates amid robust global demand, its chairman said Frida

    March 16, 2018 07:41 pm JST
  • Australia courts Southeast Asia with unprecedented summit

    MELBOURNE -- This weekend will see an unprecedented summit between the Australian prime minister and Southeast Asian leaders when they meet in Sydney to work on enhancing security cooperation and business ties.Prime Minister Malcolm Turnbull, the le

    March 16, 2018 05:18 pm JST
  • Nikkei Asia300 Index little changed as concerns linger over US trade policies

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed on Thursday as uncertainty surrounding U.S. trade polices weighed on the outlook for equities.The Nikkei Asia300 Index closed almost unchanged at 1,480.04.The losses came after

    March 15, 2018 08:49 pm JST
  • Top Glove's 2Q net profit jumps 31% on record sales volume

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's Top Glove Corporation, the world's largest rubber glove producer by capacity, said Thursday its net profit grew 31.3% in the fiscal second quarter from a year earlier buoyed by record sales volume amid str

    March 15, 2018 08:33 pm JST
  • Malaysia, Singapore stocks fall as trade war worries escalate

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares declined Thursday after Nestle (Malaysia) tumbled for a second day, overshadowing reports of dissolution of the country's parliament that could pave way for elections next month.Singapore equities fe

    March 15, 2018 08:13 pm JST
  • Malaysia 2018 fund raisings estimated at 120 billion ringgit

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's Securities Commission estimates corporates to raise about 120 billion ringgit ($31 billion) from the country's capital markets in 2018 that will lag last year's 146.6 billion ringgit."The 2017 number was a

    March 15, 2018 07:55 pm JST
  • Comment

    Pacific trade rules on digital data may already be outdated

    TOKYO -- When 11 countries from around the Pacific signed a sweeping free trade pact in Chile on March 8, it included rules touted as being geared for the 21st century, including those on digital trade, which will no doubt be key to economic growth

    March 15, 2018 01:00 pm JST
  • The 'TPP 11' is signed, and ready to welcome more members

    SANTIAGO, Chile The revised Trans-Pacific Partnership trade pact was signed on March 8 in Chile's capital. The deal is positioned to serve as a critical bastion against the U.S. administration's protectionist policies as the pact is set to take effe

    March 15, 2018 10:00 am JST
  • Player swaps across Southeast Asia help soccer grow

    KUALA LUMPUR Southeast Asia's top soccer talent is on the move, with the biggest teams in Thailand and Malaysia signing 24 players from outside those countries as the 2018 season kicks off. Last year, this figure was just three.Some of the best play

    March 15, 2018 10:00 am JST
  • Kim Jong Nam murder trial hears how Vietnamese accused was recruited

    SHAH ALAM, Malaysia (Kyodo) -- A Vietnamese woman who introduced her compatriot to the North Korean masterminds behind the assassination of Kim Jong Nam, the estranged half-brother of North Korean leader, believes she was duped, a Malaysian court he

    March 14, 2018 11:06 pm JST
  • Nikkei Asia300 Index falls amid reports US may impose tariffs on Chinese products

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Wednesday amid media reports that the U.S. is looking to impose tariffs on Chinese imports.The Nikkei Asia300 Index slipped 0.4% to 1,480.14. Hong Kong-shares of China Life Insurance lost 1.1%

    March 14, 2018 08:20 pm JST
  • Singapore, Malaysia stocks fall amid concerns over US tariffs on Chinese goods

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia declined Wednesday, weighed by Wall Street losses and reports that the U.S. is considering imposing tariffs on Chinese goods.The Singapore's Straits Times Index declined 0.4% to 3,539

    March 14, 2018 08:03 pm JST
  • Singapore PM tells ASEAN to adjust to new power balance

    SINGAPORE -- The Association of Southeast Asian Nations should adjust to a new power balance in Asia so that individual members and the group can benefit from increasingly influential China and India, Singapore Prime Minister Lee Hsien Loong said in

    March 13, 2018 10:39 pm JST
  • Seoul to decide on new TPP membership by June

    SEJONG, South Korea -- South Korea's finance minister said Tuesday that the country will decide by June if it will join a Japan-led 11-member economic bloc, as the U.S. widens protectionist measures against the export-driven economy.Kim Dong-yeon sa

    March 13, 2018 09:48 pm JST
  • Nikkei Asia300 Index gains as Chinese banks, semiconductor makers advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, as Agricultural Bank of China led mainland lenders higher following plans of a private placement and upbeat earnings.The Nikkei Asia300 Index rose 0.6% to 1,485.36. Hong Kong-shares of

    March 13, 2018 08:34 pm JST
  • Malaysia's January factory output growth lags view

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's industrial production rose at a slower-than-expected pace in January as growth of key manufacturing activities cooled, official data released Tuesday showed.The industrial production index -- a measure of

    March 13, 2018 08:02 pm JST
  • Singapore, Malaysia stocks rise ahead of US inflation data

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares rose Tuesday as banks advanced before the release of U.S. consumer inflation data that could provide cues on the pace of monetary tightening by the Federal Reserve.Malaysian equities also gained, boo

    March 13, 2018 08:00 pm JST
  • New wealth lifts earnings at Southeast Asian banks

    SINGAPORE -- Southeast Asia's largest banks are riding the region's rapid economic growth to higher earnings as demand for wealth management services rises and mainstay savings and lending operations expand.A number of the region's major banks by ma

    March 13, 2018 12:15 pm JST