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  • Singapore Airlines to charge extra to reserve seats on cheaper tickets

    SINGAPORE -- Travelers on Singapore Airlines soon will have to pay to reserve their favorite aisle seat when purchasing a ticket in its lowest fare category.Beginning Jan. 20, a passenger booking a seat in the lowest fare category, called Lite, in e

    December 15, 2017 10:22 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
  • Singtel group eyes equity investments in digital businesses

    SINGAPORE -- A group of six leading telecommunication operators from the Asia-Pacific region, led by Singapore Telecommunications, are going to hunt for partnership opportunities with digital businesses, including possible equity investments in such

    December 14, 2017 10:40 am 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
  • Hitachi to ramp up Southeast Asia operations

    TOKYO -- Hitachi plans to foster Southeast Asia into a key market by developing infrastructure and logistics operations, as well as new products and services for the region's burgeoning middle class.The Japanese conglomerate seeks to raise sales in

    December 14, 2017 06:18 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
  • Bitcoin investing set to get even more interesting

    TOKYO -- Hedge funds are flocking to bitcoin, impressed by the cryptocurrency's big leap in value this year.But recently they gained a new tool that allows them to bet that the crytocurrency will not be able to maintain its remarkable momentum.The n

    December 13, 2017 09:31 pm JST
  • Philippine troops honing urban warfare skills in Singapore

    SINGAPORE (Kyodo) -- Singapore is helping the Philippines train its troops in urban warfare as part of its offer of counterterrorism assistance earlier this year to help Manila tackle an Islamic insurgency on the southern island of Mindanao.Two mont

    December 13, 2017 09:16 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
  • 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
  • Slower, more balanced growth forecast for Singapore

    SINGAPORE (Nikkei Markets) -- Singapore's economy is expected to grow at a slower pace next year, but the expansion is likely to be more evenly distributed as sectors such as construction and food services begin to recover, say private-sector econom

    December 13, 2017 03:22 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
  • Ugly social media wars fueling intolerance in Asia

    JAKARTA/YANGON -- An ugly new campaign against Muslims in Myanmar began around 2012 via social media, led by Buddhist supremacists and other anti-Muslim groups employing highly targeted attacks. One tactic involved posting photographs and addresses

    December 13, 2017 03:14 pm JST
  • Nikkei Asia300 Index falls as investors await Fed policy

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Tuesday, halting a three-session winning streak, as investors awaited cues on outlook for U.S. interest rates.The Nikkei Asia300 Index declined 0.5% to 1,373.84 after climbing over 2% over the

    December 12, 2017 08:52 pm JST