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  • Najib's 'MaGIC' fires up Malaysia's entrepreneurs

    KUALA LUMPUR -- After a key party convention early this month aimed at bolstering unity among his United Malays National Organization ahead of a general election likely to be held early next year, Malaysian Prime Minister Najib Razak headed off to a

    December 16, 2017 12:00 pm JST
  • McDonald's Malaysia fends off allegation of link to Israel

    KUALA LUMPUR -- McDonald's Malaysia is fighting back accusations in the Muslim-majority country of a link to Israel following a police report on Thursday. The company said over 20 individuals and nongovernmental organizations have called for a publi

    December 15, 2017 11:42 pm JST
  • Nikkei Asia300 Index falls tracking Wall Street losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday as uncertainty over U.S. tax reforms damped investors' risk appetite.Indian shares rallied, bucking the trend, after exit polls predicted a victory for Prime Minister Narendra Modi's Bha

    December 15, 2017 08:24 pm JST
  • Malaysia shares post biggest weekly gain since January; Singapore equities decline

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares posted their biggest weekly jump since the first week of January as expectations of early elections sparked a surge in foreign fund inflows.Singapore stocks edged lower for the week, weighed by a dec

    December 15, 2017 08:09 pm JST
  • China techs driving data center investment across Southeast Asia

    BANGKOK -- A string of new data centers across Southeast Asia has highlighted rising regional demand for digital services served by big tech names from China rather than the likes of Google and Amazon.com. Alibaba Cloud, an arm of e-commerce giant A

    December 15, 2017 06:01 pm JST
  • Nikkei Asia300 Index gains as Fed sticks to rate hike forecasts

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday after the U.S. Federal Reserve retained its forecast of three rate increases for next year.The Nikkei Asia300 Index advanced 0.3% to 1,383.61, paced by a rally in Chinese and Hong Kong

    December 14, 2017 08:53 pm JST
  • Malaysia shares post biggest jump in 22 months; Singapore equities decline

    KUALA LUMPUR (Nikkei Markets) -- Malaysian shares chalked their best session in 22 months on Thursday, as lenders gained amid expectations that interest rates are set to rise. Hopes of more foreign fund inflows also supported equities.Singapore stoc

    December 14, 2017 08:39 pm JST
  • Glove maker Hartalega kicks off huge expansion as demand surges

    SINGAPORE -- Malaysian rubber-glove manufacturer Hartalega Holdings, a global industry leader, is on an aggressive expansion drive, increasing production capacity to capitalize on growing demand.But while investors have been keen to get on board, th

    December 14, 2017 08:38 pm JST
  • World Bank raises Malaysia's 2017 economic growth forecast to 5.8%

    KUALA LUMPUR (Nikkei Markets) -- The World Bank Thursday raised Malaysia's 2017 growth estimate to 5.8% from 5.2%, the third such upward revision this year, even as it flagged external risks to the Southeast Asian nation's pace of economic expansion

    December 14, 2017 07:23 pm JST
  • US rate hike triggers Asian increases

    TOKYO -- China's central bank raised interest rates Thursday after the U.S. Federal Reserve raised rates for the third time this year overnight in a sign that the U.S. monetary policy still generally drives monetary policy in Asia.Just hours after t

    December 14, 2017 02:40 pm JST
  • Trump's Jerusalem move sparks a backlash in Southeast Asia

    JAKARTA/KUALA LUMPUR U.S. President Donald Trump's decision to recognize Jerusalem as the capital of Israel has sparked protests and condemnation in Southeast Asian countries with large Muslim populations.In Jakarta, demonstrators on Dec. 11 burned

    December 14, 2017 10:00 am JST
  • Global trade uptick boosts Asian manufacturing

    HONG KONG Strengthening economies on both sides of the Pacific are lifting global trade, as well as Asia's manufacturing sector. Seven of the 12 economies surveyed by The Nikkei -- Taiwan, Japan, South Korea, India, Malaysia, Singapore and the Phili

    December 14, 2017 10:00 am JST
  • Malaysian festival puts Asian literature in the spotlight

    PENANG, Malaysia In a beautifully refurbished colonial building next to George Town's coastal thoroughfare, a tight-knit yet diverse crowd is hungry for answers. A microphone is passed around, and people rock nervously in their chairs as they wait t

    December 14, 2017 10:00 am JST
  • Asia's Muslim nations want East Jerusalem seen as Palestinian capital

    SINGAPORE -- Reacting to the U.S. move last week to recognize Jerusalem as Israel's capital, Muslim-majority countries in Asia have joined fresh calls for wider recognition of an independent Palestine with East Jerusalem as its capital.Speaking in I

    December 14, 2017 03:36 am JST
  • ADB keeps 5.8% Asia growth outlook for 2018, hikes 2017 view

    MANILA -- The Asian Development Bank still expects economic growth in the region to slow in 2018, it said in a new report on Wednesday, but the Manila-based lender raised its forecast for the current year by one-tenth of a percentage point.In its As

    December 14, 2017 01:07 am JST
  • Malaysian brands on the radar of foreign investors

    KUALA LUMPUR -- Malaysian companies have been increasingly been targeted for acquisitions and joint ventures by foreign investors looking for expansion in Southeast Asia.OldTown said in a statement on Monday it received an initial takeover offer for

    December 13, 2017 10:15 pm JST
  • Nikkei Asia300 Index gains as Chinese banks rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, led by mainland lenders ahead of China's inflation data and U.S. Federal Reserve's policy decision.The Nikkei Asia300 Index advanced 0.4% to 1,379.83. China Construction Bank (CCB) r

    December 13, 2017 08:33 pm JST
  • Malaysia's IPO market likely to gain pace next year

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's initial public offering activities will likely pick up pace next year with a robust line-up of big-ticket deals amid an expected uptick in investors' risk appetite, bankers and advisers said.So far this ye

    December 13, 2017 08:09 pm JST
  • Singapore, Malaysia shares rise ahead of Fed rate decision

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares edged higher on Wednesday, as property developers rose ahead of the U.S. Federal Reserve's policy decision.Malaysian equities advanced for a second day amid a revival in foreign fund inflows.Singapor

    December 13, 2017 07:58 pm JST
  • Cover story

    Religious extremism poses threat to ASEAN's growth

    YANGON/JAKARTA -- With Mt. Agung billowing volcanic ash into the sky above his home in Bali, Khairy Susanto was unsure if he could fly back after joining tens of thousands of fellow Indonesian Islamists at a rally near the presidential palace in Jak

    December 13, 2017 03:14 pm JST