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  • Nikkei Asia300 Index gains tracking record-high U.S. stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged higher on Tuesday after all major U.S. indexes climbed to records overnight.The Nikkei Asia300 Index advanced 0.1% to 1,358.91.U.S stocks rose Monday along with the dollar, while bond yields d

    October 17, 2017 08:31 pm JST
  • Philippine President Duterte declares Marawi City liberated

    MANILA -- Philippine President Rodrigo Duterte on Tuesday declared the besieged southern city of Marawi "liberated from the terrorist influence," a day after troops killed two militant leaders."Ladies and gentlemen, I hereby declare Marawi City libe

    October 17, 2017 06:15 pm JST
  • Philippine military kills IS-linked leaders in Southeast Asia

    MANILA -- The Philippine military killed the leaders of Islamic State-linked militants in a predawn raid to liberate parts of Marawi City on the southern island of Mindanao, Defense Secretary Delfin Lorenzana said on Monday. The deaths of militant l

    October 16, 2017 03:48 pm JST
  • Filipinos' love of chocolates helps to revive cacao industry

    MANILA -- When Gladys Hernando's father became sick last year, the television network executive visited the family farm and started thinking of ways to make it more productive under her management."A friend convinced me to look into cacao farming,"

    October 14, 2017 01:30 pm JST
  • Nikkei Asia300 Index gains as Singapore stocks rally on economic growth

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday, helped by a rally in Singapore shares after better-than-expected third-quarter economic growth in the city-state.Samsung Electronics declined as record earnings were overshadowed by the

    October 13, 2017 08:45 pm JST
  • Duterte scales down drug war after ratings dip

    MANILA -- President Rodrigo Duterte has moved to scale down his controversial war on illegal drugs following a sharp drop in public support.The Philippine Drug Enforcement Agency will lead anti-drug operations instead of the Philippine National Poli

    October 13, 2017 07:27 pm JST
  • Anthony Couse

    Green office blocks secure better tenants

    Singapore's Asia Square Tower 2 made headlines last month when it was sold to CapitaLand Commercial Trust for $1.5 billion, setting the record for the biggest office deal in Asia Pacific this year. In 2016, Asia Square Tower 1 was acquired by Qatar

    October 13, 2017 03:00 pm JST
  • ASEAN renews currency swap deal to provide $2bn support: Malaysia central bank

    KUALA LUMPUR (Reuters) -- The Association of Southeast Asian Nations (ASEAN) has agreed to renew a currency swap deal for two more years from Nov. 17, providing a total of $2 billion in financial support, the Malaysian central bank said on Friday. T

    October 13, 2017 02:08 pm JST
  • Foreign investors grow wary of committing to Philippines

    MANILA -- Foreign investors are increasingly watchful over the investment climate in the Philippines, as the latest foreign direct investment figures announced this week showed inflows had reached a 13-month low. Some businessmen have flagged the co

    October 12, 2017 09:41 pm JST
  • Southeast Asian countries launch trilateral air patrols

    KUALA LUMPUR -- Three Southeast Asian countries on Thursday launched trilateral air patrols and intelligence sharing, aiming to keep a lid on Islamist militancy in the region.The move follows joint sea patrols that began in June in the Sulu Sea off

    October 12, 2017 09:08 pm JST
  • Taiwanese companies fuel gains in Nikkei Asia300 Index

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, helped by a rally in Taiwanese companies and overnight gains on Wall Street.The Nikkei Asia300 Index rose 0.7% to 1,345.96.All the three major U.S. indexes climbed to records on Wedne

    October 12, 2017 08:44 pm JST
  • Nouriel Roubini

    Three scenarios for the global economy

    For the last few years, the global economy has been oscillating between periods of acceleration (when growth is positive and strengthening) and periods of deceleration (when growth is positive but weakening). After over a year of acceleration, is th

    October 12, 2017 01:00 pm JST
  • A manufacturing uptick can't pierce South Korea's gloom

    HONG KONG Despite escalating threats from its northern neighbor, South Korea saw its manufacturing condition pick up on stronger domestic demand and output last month. But analysts remain cautious about the country's economic outlook as the ongoing

    October 12, 2017 10:00 am JST
  • Richard Heydarian: Fading criticism allows Duterte to continue his violent drug war

    Since he took office on June 30, 2016, Philippine President Rodrigo Duterte has waged a brutal campaign against illegal drugs without facing any significant resistance. The result was what one watchdog group dubbed a "human rights calamity" as polic

    October 12, 2017 10:00 am JST
  • Nikkei Asia300 Index advances as Samsung extends gains

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, as heavyweight Samsung Electronics extended gains ahead of its preliminary third-quarter earnings.The Nikkei Asia300 Index rose 0.7% to 1,337.13.Asian equities also got a boost from

    October 11, 2017 08:28 pm JST
  • Philippine conglomerate pitches monorail in congested Manila

    MANILA -- Philippine conglomerate Alliance Global Group said Wednesday it wants to build a monorail that will link a township project to one of Metro Manila's busiest train lines.Alliance Global told the local stock exchange it submitted an unsolici

    October 11, 2017 07:52 pm JST
  • Bilahari Kausikan

    Growing complexities threaten ASEAN consensus politics

    Within the Association of Southeast Asian Nations, "centrality" is a defining concept -- an implied vision of regional order in which the collective interest of member states comes first -- or at least is not disregarded"ASEAN centrality" is not a m

    October 11, 2017 03:00 pm JST
  • Ride-hailing apps a boon for Asia's motorcycle taxis

    Mobile ride-hailing apps are fast finding a place in Asia's taxi industry via motorcycles and motorized tricycles, typically cheaper alternatives to autos.The trend is being helped along by the increasing ubiquity of smartphones and improved wireles

    October 11, 2017 01:00 pm JST
  • ASEAN5 outlook up as export-led growth continues

    Economists have revised their 2017 growth forecasts upward for major Southeast Asian countries, reflecting stronger-than-expected exports of electronic goods and spillover effects on domestic economies. The Indian economy is expected to slow down th

    October 11, 2017 07:00 am JST
  • Philippines' Family Mart says mulling options amid reported sale plan

    MANILA -- Local owners of Family Mart are not ruling out a possible sale of the chain of convenience stores as the market remains crowded and competitive. Family Mart's entry into the Philippine market in 2013 was met with intense competition with e

    October 10, 2017 07:12 pm JST