Search results

Results 1 - 20 of 4730
  • 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
  • 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
  • Debt at Indonesian state contractors soars in infrastructure push

    JAKARTA -- The debt of Indonesia's four major listed state-owned construction companies jumped 57% by the end of 2017 from a year earlier to 156.2 trillion rupiah ($11.3 billion), raising alarm about excessive borrowing to fund the government's infr

    March 16, 2018 12:10 pm JST
  • Samsonite US manufacturing plan faces labor shortage

    HONG KONG -- Samsonite's plan to relocate some of its manufacturing activities to the U.S. is facing a challenge due to a shortage of skilled workers."You can get everything but you can't get people. Without people, factories won't work," chief exec

    March 16, 2018 11:57 am JST
  • Alibaba extends grip in emerging Asia with local data centers

    JAKARTA -- Alibaba Group Holding is expanding its cloud computing business in Asia's emerging economies by building local data centers, aiming to outpace U.S. rivals like Amazon in the race to capture the region's fast-growing technology market.Alib

    March 15, 2018 11:15 pm 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
  • 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
  • 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
  • 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
  • Greta Nabbs-Keller: An imperfect democracy is Indonesia's best hope

    To outside observers, the fluid and transitory nature of allegiances among Indonesia's political elites can seem puzzling. In the political cauldron of Jakarta, seemingly bitter rivals can emerge overnight as allies and old friends as foes.Take the

    March 15, 2018 10:00 am JST
  • G-20 finance chiefs to discuss fair trade, cryptocurrencies

    TOKYO (Kyodo) -- Group of 20 finance ministers and central bankers are expected to exchange views on the rise of protectionist trade policy and regulations on virtual currencies when they gather in Argentina next week.The two-day meeting from Monday

    March 14, 2018 09:44 pm 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 PM tells ASEAN to adjust to new power balance

    SINGAPORE -- The Association of Southeast Asian Nations should adjust to a new power balance in Asia so that individual members and the group can benefit from increasingly influential China and India, Singapore Prime Minister Lee Hsien Loong said in

    March 13, 2018 10:39 pm JST
  • Seoul to decide on new TPP membership by June

    SEJONG, South Korea -- South Korea's finance minister said Tuesday that the country will decide by June if it will join a Japan-led 11-member economic bloc, as the U.S. widens protectionist measures against the export-driven economy.Kim Dong-yeon sa

    March 13, 2018 09:48 pm JST
  • Nikkei Asia300 Index gains as Chinese banks, semiconductor makers advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, as Agricultural Bank of China led mainland lenders higher following plans of a private placement and upbeat earnings.The Nikkei Asia300 Index rose 0.6% to 1,485.36. Hong Kong-shares of

    March 13, 2018 08:34 pm JST
  • Indonesia to lose $630m in revenue from coal price cap

    JAKARTA -- Indonesia's decision to impose a price cap on domestic coal prices will lower state revenue by up to 9 trillion rupiah ($630 million) this year, a senior finance ministry official said on Tuesday.The remarks are yet another indication tha

    March 13, 2018 07:04 pm JST
  • Bali struggles to 'normalize' life under volcano

    DESA BAN, Indonesia -- On the wall of East Bali Bamboo Bikes' workshop in Desa Ban, a big yellow sign declares: "Safety First." Just around the corner, a starker warning has been pinned to the roadside: "Volcano Hazard -- No Entry." Now abandoned, t

    March 13, 2018 01:15 pm JST
  • Asia Insight

    Asian central banks face white-knuckle steering as Fed tightens

    TOKYO -- Asia's central bankers are about to have their mettle tested, and they know it."Stay calm on the weakening of the Hong Kong dollar," Norman Chan, chief executive of the Hong Kong Monetary Authority, said in a message posted on the central b

    March 13, 2018 01:00 pm JST
  • New wealth lifts earnings at Southeast Asian banks

    SINGAPORE -- Southeast Asia's largest banks are riding the region's rapid economic growth to higher earnings as demand for wealth management services rises and mainstay savings and lending operations expand.A number of the region's major banks by ma

    March 13, 2018 12:15 pm JST