Policy & Politics

Supporters of Taipei mayoral candidate Ko Wen-je take part in his campaign rally ahead of the local elections in Taipei November 23. © Reuters

Taiwan elections

Stance on China big issue for Taiwanese voters

TAIPEI -- Taiwanese President Ma Ying-jeou's China-friendly policy will be top of mind for Taiwanese voters when they flock to the polls this Saturday. Since taking office in 2008, Ma has forged close ties with China, signing 21 pacts ranging fro...

  • Escaping deflation

    Bank of Japan's Kuroda calls for more corporate spending

    TOKYO -- Bank of Japan Gov. Haruhiko Kuroda told business leaders in Nagoya Tuesday that companies need to spend more to spread the benefits of monetary easing and help end deflation early. Private companies were sitting on 229 trillion yen in ca...

  • Vote disparity

    Japan's top court tells lawmakers to enact reform

    TOKYO -- Japan's Supreme Court on Wednesday issued a stern warning about vote value disparity in upper house elections, telling slow-moving lawmakers to take necessary legislative steps. The court said in a ruling that the disparity in the 2013 u...

  • Japan's public finances

    Tax revenue on track to 17-year high

    TOKYO -- The Japanese government is likely to collect the most revenue through taxes in 17 years this fiscal year, but the extra money will provide little relief from chronic budget strain. General-account tax receipts are expected to total aroun...

  • Taiwan elections

    Titans of industry take on 'Capital' author Piketty

    TAIPEI -- Thomas Piketty, the best-selling economist, publicly sparred with Taiwan's leading businessmen over the issue of fat executive pay just ahead of key elections. The growing wealth gap is expected to be a major point of contention for the Tai...

  • Indonesia energy

    Government mulls fixed fuel subsidy

    JAKARTA -- Indonesian Finance Minister Bambang Brodjonegoro says measures being considered to reduce the 2015 budget deficit include a fixed fuel subsidy. President Joko Widodo opened the way to fuel price increases for gasoline and diesel of mor...

  • Vikram Nehru

    The ascent of Indonesia's presidency

    Indonesia's new president, Joko "Jokowi" Widodo, and U.S. President Barack Obama recently met several times in different countries while attending the Asia-Pacific Economic Cooperation leaders' meeting in China, the East Asia summit in Myanmar and th...

  • Top court says 2013 election vote gap in state of unconstitutionality

    TOKYO (Kyodo) -- The Supreme Court ruled Wednesday that the disparity in the weight of votes in the House of Councillors election in July 2013 is "in a state of unconstitutionality." Two groups of lawyers had filed lawsuits across the country see...

  • Police clash with pro-democracy occupiers, 116 arrested

    HONG KONG (Kyodo) -- Police clashed with pro-democracy protesters occupying a major thoroughfare in a Hong Kong shopping district on Wednesday morning, after a failed bid by court bailiffs to send workers to dismantle makeshift roadblocks on the seco...

  • Beijing's corruption battle

    China to limit executive pay at state companies

    SHANGHAI -- China will rein in executive compensation at big state-owned companies starting from 2015 to address criticism over excessive pay levels and to nip corruption in the bud. The change will affect corporate chairmen, presidents, heads of...

  • LDP's campaign promises

    Abe's party keeps details fuzzy

    TOKYO -- Japan's ruling Liberal Democratic Party has presented voters with a vision of both economic and fiscal health -- one lacking specifics on reform. In particular, the LDP avoids spelling out how it would cut spending or fund more-generous ...

  • Corporate governance in Japan

    Guidelines nudge companies toward international norm

    TOKYO -- Companies should have at least two outside directors and explain their cross-shareholding ties, an expert panel addressing corporate governance in Japan recommended Tuesday as part of draft guidelines. The Financial Services Agency has b...

  • Japanese election

    LDP pledges more Abenomics

    TOKYO -- The ruling Liberal Democratic Party unveiled a campaign platform Tuesday that reaffirms Prime Minister Shinzo Abe's aim of achieving 2% inflation by means of "bold monetary policy." It also pledges to create "special zones" to revitalize...

  • Exclusive interview

    Dalai Lama leaves the succession question 'up to the Tibetan people'

    NEW DELHI -- The 14th Dalai Lama recently made waves by suggesting that, perhaps, the Tibetan way of choosing a successor to his spiritual post may have run its course. According to Tibetan tradition, the next Dalai Lama would be found by seeking...

  • Hong Kong baliffs, police begin dismantling democracy protest barricades

    HONG KONG (Kyodo) -- Clearance of pro-democracy occupation demonstrators blockading roads in a Hong Kong shopping district began Tuesday as dozens of court bailiffs moved in with the reported backing of thousands of police officers. "I want true ...

  • Japan's general election

    Abe confident, but snap votes don't always follow the script

    TOKYO -- Lawmakers from both the ruling and opposition camps were caught off guard by Japanese Prime Minister Shinzo Abe's decision to dissolve the lower house of parliament Friday and schedule a general election for Dec. 14. Abe says he is seeki...

  • Singapore economic growth expected to slow to about 3%

    SINGAPORE (Kyodo) -- The Singapore government said Monday it expects the economy to grow by about 3 percent this year, slower than the 3.9 percent last year. The Ministry of Trade and Industry projection on gross domestic product came along with ...

  • National reform

    Myanmar to stay the course after elections

    TOKYO -- Myanmar is expected to hold a general election and a presidential election, possibly in the fall of 2015. Many wonder whether the Southeast Asian country will continue democratizing and reforming the economy after people head to the ballo...

  • Reactor decommissioning

    Accounting rules to be tweaked to ease financial burden

    TOKYO -- Japan's industry ministry will update accounting rules for power companies saddled with old nuclear power plants to encourage them to decommission their reactors. The Ministry of Economy, Trade and Industry has seven specific reactors in...

  • Japanese election

    2-party fight gives way to LDP vs. everyone else

    TOKYO -- As Japan's biggest opposition party struggles to field candidates for a lower house election just a few weeks away, the battle for votes is shaping up to be different from past contests reminiscent of a two-party system. The LDP, smaller...