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  • Trump signs US-Taiwan travel bill that China has opposed

    WASHINGTON (Reuters) -- President Donald Trump on Friday signed legislation that would allow U.S. officials to travel to Taiwan to meet their Taiwanese counterparts, a move certain to anger China, which views Taiwan as a wayward province.The bill, w

    March 17, 2018 08:30 am JST
  • 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
  • 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
  • Trading house Itochu eyes another record profit, CFO says

    TOKYO -- Itochu will aim to beat the record annual profit it has forecast for fiscal 2017 in the coming year and is ready to boost its dividend, the Japanese trading house's chief financial officer told Nikkei.The diversified group's food segment is

    March 16, 2018 03:30 am JST
  • Apple supplier Pegatron's profit falls 24% on Chinese labor costs

    TAIPEI -- Pegatron's net profit declined 24% in 2017 to 14.6 billion New Taiwan dollars ($500 million) amid high labor costs in mainland China and other setbacks, the Taiwanese electronics assembler said Thursday.Delayed product launches and labor s

    March 16, 2018 12:52 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
  • For the truth, go to a Taiwan fortunetelling booth

    TAIPEI -- My luck with women has not been good, and is not going to get any better this year, 66-year-old fortuneteller Hong Yu-chen tells me. But next year, things should improve, she says.Her shop is located in the underground mall beneath Hsing T

    March 15, 2018 02:00 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
  • Taiwan tech companies log their first revenue dip in 15 months

    TAIPEI The revenue of major Taiwanese tech companies declined year-on-year for the first time in 15 months in February, hit by lackluster iPhone X demand, a slowing mobile market and fewer working days due to the shorter month and Lunar New Year bre

    March 15, 2018 10:00 am JST
  • Rival chipmaker asks China to probe TSMC

    TAIPEI The world's second-largest contract chipmaker has asked Chinese regulators to probe market leader Taiwan Semiconductor Manufacturing Co. for allegedly violating antitrust laws, according to two industry sources familiar with the matter.Global

    March 15, 2018 10:00 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
  • 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
  • Kakao to roll out ride services in Japan and Southeast Asia

    SEOUL -- Kakao is expanding its transportation services to Japan and Southeast Asia, as the South Korean internet company runs into regulatory obstacles in its home market. John Chung, CEO of Kakao Mobility, said South Korean tourists will soon be a

    March 13, 2018 04:19 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
  • Nikkei Asia300 Index jumps as US jobs data fuel equity gains

    MUMBAI (NewsRise) -- Asian stocks outside of Japan jumped Monday, as subdued U.S. wage growth eased fears the Federal Reserve may raise its interest rate outlook at its next meeting.The Nikkei Asia300 Index rose 1.7% to 1,476.76. Energy companies ad

    March 12, 2018 08:43 pm JST
  • Soft demand for iPhone X dents Taiwan tech sales

    TAIPEI -- The revenue of major Taiwanese tech companies declined year-on-year for the first time in 15 months in February, hit by lackluster iPhone X demand, a slowing mobile market and fewer working days due to a shorter month and the Lunar New Yea

    March 12, 2018 08:20 pm JST
  • Comment

    Dealing with Kim holds pitfalls for Trump administration

    TOKYO -- As much as U.S. President Donald Trump loves a good negotiation, his offer to hold historic talks with North Korean leader Kim Jong Un is a risky gamble, one that could result either in lasting peace or a stronger, more threatening nuclear

    March 11, 2018 02:05 am JST
  • Nikkei Asia300 Index rises on softened US import tariffs

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose on Friday and for the week after U.S. President Donald Trump announced plans for import tariffs on steel and aluminum that were less severe than initially feared.The Nikkei Asia300 Index advanc

    March 9, 2018 08:19 pm JST