Search results

Results 1 - 20 of 4818
  • Global trade surpasses economic growth for first time in 6 years

    TOKYO -- The volume of global trade grew faster than the world economy in 2017 for the first time in six years, as rising demand for semiconductors added fuel to the industry's far-reaching supply chains, thereby ending a period in which global trad

    March 17, 2018 06:50 am JST
  • 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
  • Singapore economy shows fresh sign of weakness

    SINGAPORE (Nikkei Markets) -- The unexpected decline in Singapore's key exports in February is yet another sign that factory output in the city-state is slowing even as external risks grow.So far, economists have been reasonably bullish about growth

    March 16, 2018 07:24 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
  • Asia Inc. comes roaring back in 2017

    BANGKOK -- Asia's big corporations posted record profits in 2017 following several lackluster years, with the technology sector in particular taking advantage of solid demand for devices like smartphones and consumer appliances.Samsung Electronics w

    March 16, 2018 03:20 pm JST
  • Former Qualcomm chairman seeks funding for buyout

    SAN FRANCISCO/NEW ORLEANS, U.S./HELSINKI (Financial Times) -- Paul Jacobs, the recently demoted chairman of Qualcomm, has approached several global investors in an effort to acquire the $90bn chipmaker founded by his father, in what would be one of

    March 16, 2018 02:49 pm JST
  • With Qualcomm behind it, Broadcom looks to smaller deals

    Broadcom Ltd on Thursday said it was likely to pursue smaller acquisitions of chipmakers after its failed hostile takeover bid to acquire rival Qualcomm Inc and said that its smart phone chip business would see a drop in demand this quarter from a N

    March 16, 2018 11:39 am JST
  • Singapore Airlines has open mind on making initial bid for Air India

    NEW DELHI (Reuters) -- Singapore Airlines has an open mind about making an initial bid for a stake in state-run Air India, the head of the Singaporean carrier's India business told Reuters on Thursday.India said last week it would invite initial bid

    March 16, 2018 12:39 am 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
  • 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
  • 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
  • Trump's steel and aluminum tariffs stir worries, and some hope

    SEOUL/MANILA China on March 9 condemned U.S. tariffs on imported aluminum and steel, while Japanese and South Korean officials expressed concerns and vowed to try to persuade the Trump administration to exempt the two countries.The reactions came af

    March 15, 2018 10:00 am 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
  • UK fund urges Japan's TBS to sell down shareholdings

    TOKYO London-based activist fund Asset Value Investors says it is pushing Japanese TV broadcaster Tokyo Broadcasting System Holdings to sell down cross-shareholdings and return the cash to shareholders.The fund plans to put forward an official propo

    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
  • William Pesek: Singapore is about to raise taxes, and good for them

    As Singapore meddles with breaking the ultimate taboo of hiking taxes, Lee Hsien Loong's government is offering something truly shocking -- leadership.Japan's population is aging as rapidly as Singapore's and fertility is just as scarce, yet Tokyo k

    March 15, 2018 10:00 am JST
  • Qualcomm dodges Broadcom but not potential for trade backlash

    AUSTIN, U.S./TOKYO -- U.S. chipmaker Qualcomm managed to escape a $117 billion takeover by Singaporean rival Broadcom, thanks to intervention from the White House. But the victory may be short-lived if the episode sparks trade friction between the U

    March 15, 2018 07:23 am 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