Policy & Politics

The military still controls a quarter of the seats in Myanmar's parliament.

Myanmar

Ruling party eyes bill that could make Suu Kyi president

YANGON -- Myanmar's ruling party plans to submit a new bill that could allow its leader Aung San Suu Kyi to become president, multiple party members told The Nikkei, in a move that will surely draw fire from the military and may even grind the countr...

  • Myanmar economy

    Business leaders confident about political transition

    YANGON -- Business leaders in Myanmar are lining up to back the country's new democratic administration despite its lack of a track record, predicting that recent strong growth and record investment will continue. The International Monetary Fund ...

  • Philippines election

    Presidential candidates already trading insults

    MANILA -- The campaign season ahead of national elections in the Philippines on May 9 officially begins next week, but presidential candidates have already kicked off with TV spots promoting themselves and dissing their rivals. Mar Roxas, the for...

  • Indonesia infrastructure

    Ministries tussle over stalled high-speed rail project

    JAKARTA -- Indonesia's first high-speed rail project already has run into a spat between two competing ministries, highlighting the challenges President Joko Widodo faces as he promotes infrastructure development. The Ministry of State-Owned Ente...

  • Tobacco price hike

    Industry tries to read into rare government approval

    TOKYO -- It is only 10 yen (9 cents) but the tobacco industry is abuzz with speculation as to why the Ministry of Finance broke a pattern and granted Japan Tobacco a price increase. The company, known as JT, will increase the price of its popular...

  • Philippine insurgency

    Congress stalls Mindanao peace bill

    MANILA -- Congress closed in the Philippines on Wednesday ahead of campaigning for elections in May without passing a key bill that would have advanced the peace process in the country's war-torn south, but President Benigno Aquino said his successor...

  • BOJ Watch

    Kuroda's silver bullet falling short?

    TOKYO -- The Bank of Japan has remained bullish about its decision last Friday to adopt a negative interest rate policy for the first time. BOJ Gov. Haruhiko Kuroda called it "the most powerful monetary policy framework in history" in a speech on Wed...

  • Malaysian politics

    Mahathir's son resigns as chief minister after questioning Najib

    KUALA LUMPUR -- Mukhriz Mahathir, the son of former Malaysian leader Mahathir Mohamad, has stepped down as chief minister of the northern state of Kedah after criticizing Prime Minister Najib Razak's controversial handling of embattled state investme...

  • Indonesian high-speed rail

    Ministry blocks work by China-led group, cites safety issues

    JAKARTA -- Indonesia's first high-speed railway will not receive permits allowing construction to proceed until requirements including the network's life span and seismic safety are met, the Transportation Ministry says. Work on the 142km network...

  • Bank of Japan policy

    Reasons to be negative

    TOKYO -- Bank of Japan Gov. Haruhiko Kuroda is following European Central Bank President Mario Draghi by introducing a negative interest rate on current accounts held at the central bank by financial institutions. The aim is to make the yen less attr...

  • Abe calls for amending part of Article 9 of Constitution

    TOKYO (Kyodo) -- Prime Minister Shinzo Abe on Wednesday advocated amending part of the war-renouncing Article 9 of the Constitution, saying there is a contradiction between the existence of the Self-Defense Forces and the article that stipulates Japa...

  • Cambodia traffic

    Hun Sen highlights politics of road safety

    PHNOM PENH -- Driving in Cambodia's capital can be a scary experience. Motorbikes dart out from side streets, moving between and around large sport utility vehicles that zoom down the main boulevards -- sometimes at alarming speeds if traffic all...

  • Abenomics

    On fiscal policy, new minister downplays conservative side

    TOKYO -- In his first parliamentary debate since taking over as economic and fiscal policy minister, Nobuteru Ishihara sought to dispel his image as a deficit hawk and pledged allegiance to Abenomics. "There can be no fiscal consolidation withou...

  • US politics

    Iowa shows that seething frustration may burn Washington establishment

    WASHINGTON -- Neither too much, nor too little, should be read into the results of Monday's Iowa caucuses, which mark the start of the 2016 U.S. presidential race. But the frustration felt by the American electorate is real, and it is embodied in the...

  • Taiwan's New Power Party

    Time to relate to China like any other country, chairman says

    TAIPEI -- Taiwan's pro-independence New Power Party (NPP) was founded in late January 2015, and is now the island's third party with five seats in the 113-member parliament. During the recent elections, it allied itself to the incoming Democratic Pro...

  • Pakistan International Airlines privatization

    Armed forces kill two in clash with PIA protesters

    ISLAMABAD/KARACHI -- Two people were killed in clashes between security forces and the employees of Pakistan International Airlines who were protesting the privatization of the country's flagship carrier on Tuesday. Heavily armed security forces ...

  • Hong Kong's SFC censures Goldman for 2014 Wing Hang advisory role

    HONG KONG (Reuters) -- Hong Kong's securities regulator said on Tuesday Goldman Sachs failed to follow sections of the city's takeovers code when it acted as financial adviser for Wing Hang Bank Ltd in a $5 billion offer for the Hong Kong lender in 2...

  • Republican Cruz bests Trump in Iowa race, Clinton edges out Sanders

    DES MOINES, Iowa (Reuters) -- U.S. Senator Ted Cruz soundly defeated billionaire Donald Trump in Iowa's Republican nominating contest on Monday, upending the party's presidential race and creating a three-way competition with establishment candidate ...

  • Hoverboards, scooters

    For Singaporeans zipping along sidewalks, new rules are on the way

    SINGAPORE -- A lot of commuters here have found a relatively new way of getting around. In fact, enough Singaporeans are riding so-called "hoverboards" that the government is preparing to regulate their use. So what is a hoverboard? It's not a gr...

  • China's family planning

    Living life as an undocumented 'illegal' child

    BEIJING -- Ahead of the Chinese Lunar Year holiday from Feb. 8, cities across the country are all spruced up with decorations. But Li Xue, a 22-year-old born and bred in Beijing, is in no mood to celebrate, as always. Having no family registration ce...