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  • Private banks bullish on most Asian currencies, China, India stocks

    SINGAPORE (Nikkei Markets) -- Chinese and Indian stocks are likely to provide some of the best returns among global equity markets over the next 12 to 18 months, helped by rising profits and government policies aimed at opening new markets and boost

    June 29, 2017 08:37 pm JST
  • Singapore shares rise most in 7 months on Wall Street gains; Malaysia stocks little changed

    SINGAPORE (Nikkei Markets) -- -- Singapore shares, led by banks, posted their biggest gain in more than seven months on Thursday on the back of a strong overnight rally on Wall Street. Malaysia stocks were little changed.The S&P 500 added almost 1%

    June 29, 2017 08:23 pm JST
  • Nikkei Asia300 Index advances tracking Wall Street rally

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan advanced on Thursday following an overnight rally in U.S. stocks and as sentiment got a boost from the Federal Reserve's approval to banks to pay dividends and share buybacks.The U.S. stock

    June 29, 2017 08:05 pm JST
  • Singapore central bank reiterates tough stance on property, land sales increased

    SINGAPORE (Nikkei Markets) -- Going by the latest comments from Singapore's central bank and the action of authorities, there is no sharp rebound in store for the city-state's housing market.The Monetary Authority of Singapore said Thursday that pro

    June 29, 2017 07:08 pm JST
  • Singaporeans weary of prime minister's family spat

    SINGAPORE Prime Minister Lee Hsien Loong is taking to the political stage to settle an increasingly embarrassing family feud. Lee plans to address parliament on July 3 to rebut accusations by his younger brother and sister that he is abusing his pow

    June 29, 2017 10:00 am JST
  • Sony Life setting up shop in Singapore's insurance market

    SINGAPORE -- Sony Life Insurance plans to open dozens of locations in Singapore where people can shop for policies from multiple insurers, making a new move to expand its overseas business following an Australian investment last year.The Sony Finan

    June 29, 2017 02:00 am JST
  • Alibaba spending $1bn to raise stake in Southeast Asia's Lazada

    SINGAPORE (Reuters) -- Chinese e-commerce company Alibaba Group Holding is investing an additional $1 billion in Southeast Asian online retailer Lazada Group, boosting its stake by nearly a third to 83 percent and amplifying its focus on the region.

    June 29, 2017 01:58 am JST
  • Average Chinese executive pay reaches $150,000 mark

    The average salary of China's highest-paid executives topped one million yuan ($147,000) for the first time in 2016, according to a survey by Deloitte.Average remuneration for the country's best-paid executives grew 9.1% on the year to 1.02 million

    June 28, 2017 09:12 pm JST
  • Nikkei Asia300 Index falls amid losses in technology stocks

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan fell Wednesday, undermined by declines in heavyweight technology stocks following overnight losses on the Nasdaq.The Nikkei Asia300 Index dropped 0.7% to 1,248.55. Tencent Holdings lost 1.8

    June 28, 2017 08:39 pm JST
  • Malaysia, Singapore stocks fall tracking Wall Street losses

    SINGAPORE (Nikkei Markets) - Stocks in Malaysia and Singapore fell Wednesday, tracking overnight losses in Wall Street after the U.S. Senate delayed a vote on a healthcare bill, causing new doubts about President Donald Trump's economic agenda.U.S.

    June 28, 2017 07:44 pm JST
  • As Singapore loses medical tourism edge, healthcare firms expand overseas

    SINGAPORE (Nikkei Markets) -- Singapore's healthcare players are shifting strategy as rising costs and growing competition erode the city-state's appeal as a destination for medical tourism.Companies like IHH Healthcare Bhd and Raffles Medical Group

    June 28, 2017 06:40 pm JST
  • Singapore banks to allow cellphone numbers for transfers

    SINGAPORE -- The Association of Banks in Singapore will soon launch a new service enabling retail account holders at seven banks here to send one another money by using cellphone numbers instead of account numbers.The PayNow peer-to-peer fund transf

    June 28, 2017 01:05 am JST
  • Singapore stocks rise on Asian cues

    SINGAPORE (Nikkei Markets) -- Singapore stocks rose Tuesday as investors tracked gains in other Asian markets after an extended weekend.The city-state's FTSE Straits Times Index rose 0.3% to 3,219.53. The market was closed Monday. The advance elsewh

    June 27, 2017 07:31 pm JST
  • No signs of immediate crisis, but China is suffering 'delusion' like 1980s Japan

    HONG KONG -- China's better-than-expected economic performance in the first half of this year, together with Beijing's repetitive pledges to push through economic reforms, have helped to ease concerns about the country's future among some economists

    June 27, 2017 02:33 am JST
  • Nikkei Asia300 climbs most in a week on technology, casino stocks

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan jumped the most in a week on Monday, with technology stocks ranking among the day's notable gainers alongside Chinese airlines and Macau casino operators.The Nikkei Asia300 Index of some of

    June 26, 2017 08:30 pm JST
  • China risk has DBS rethinking mainland exposure

    HONG KONG -- Like its peers here, the Hong Kong arm of Singapore's DBS Group Holdings has reaped increasing benefits from its mainland China-related business in the past several years. However, Hong Kong banks' rising reliance on the second largest

    June 26, 2017 09:00 am JST
  • Tracking how China is turning Asia red

    TOKYO -- Since the end of World War II, the U.S., a self-styled missionary of democracy, has held sway in Asia. But now, on the economic front, the U.S.-led regional order is unraveling in the face of China's rapid rise, and the communist country is

    June 24, 2017 05:00 pm JST
  • Asia's financial safety net is a work in progress

    TOKYO -- In early May, the Asian Development Bank celebrated its 50th anniversary at its annual meeting in Yokohama, a port city south of Tokyo. Finance ministers and central bankers from the Association of Southeast Asian Nations, China, Japan and

    June 24, 2017 11:00 am JST
  • Singapore's GLP shares plunge as bidders reportedly back out

    SINGAPORE -- Shares of Singapore-listed warehouse operator Global Logistic Properties plummeted Friday after the Financial Times reported that several rumored bidders for GLP's business are dropping out, citing concern over a possible insider bid be

    June 24, 2017 03:36 am JST
  • Technology supports Nikkei Asia300 on week as oil skids

    HONG KONG (Nikkei Markets) - Asian stocks ended the week higher helped by gains in technology stocks, even as investors digested MSCI's inclusion of China's domestic shares into its global indexes and grappled with weakening oil prices.The Nikkei As

    June 23, 2017 09:33 pm JST