Policy & Politics

Myanmar leaders, opposition discuss future of constitution

YANGON -- President Thein Sein met with military and opposition leaders Friday in the capital, Naypyitaw, to tackle such issues as revising the constitution and ending armed conflict involving ethnic minorities. This marked the first gathering of...

  • Surprise easing almost didn't happen

    TOKYO -- The Bank of Japan's decision to carry out more monetary easing, seen by some as laying the groundwork for a consumption tax hike next year, squeaked through by a 5-4 vote after a holdout changed her mind. The BOJ began weighing additiona...

  • Abe to craft consumer stimulus package amid tax hike angst

    TOKYO -- Japanese Prime Minister Shinzo Abe will likely call for work to begin in mid-November on a consumer stimulus plan, as he hopes to further Japan's economic recovery and departure from deflation. Abe's policy will likely center on stimulat...

  • Duncan McCargo: Why sword fears pen in Thailand

    When the trial of Worachet Pakeerat, a prominent Thai law professor, opens in late November in Bangkok, he will become one of the first Thai civilians to be court-martialed in decades. His crime? Failing to report to the military junta that seized po...

  • Japanese public pension fund to lift stocks to half of portfolio

    TOKYO -- The nation's public pension fund will increase investment in domestic and foreign stocks to 25% each of a portfolio that has until now centered on Japanese bonds. Stocks will account for half of the Government Pension Investment Fund's n...

  • Abe's economic advisers suggest helping low-income households, youth

    TOKYO -- Low-income households and young parents looking to return to the job market should get a hand from the government to help solidify Japan's economic recovery, members of the prime minister's economic policy advisory body will propose early ne...

  • Abe, opposition trade barbs over money scandals

    TOKYO -- Japanese Prime Minister Shinzo Abe tried to steer a parliamentary debate Thursday toward policy issues, but opposition lawmakers still found opportunities to sideswipe him for cabinet members' campaign finance irregularities. Thursday's ...

  • Japan's pension giant to lower investment in domestic bonds

    TOKYO -- Japan's public pension fund will announce new allocation targets for its portfolio as soon as Friday, ending a bias toward low-yield government bonds and increasing the ratio of assets with higher yields, such as domestic stocks. The Gov...

  • China to let foreign credit card companies build own networks

    SHANGHAI -- China has decided to open up its market for bank card payment processing to foreign players, a step the U.S. and other countries had demanded by taking the matter to the World Trade Organization. China UnionPay, formed jointly by 80 o...

  • Japan-US security ties serve as deterrent against China: Nye

    TOKYO -- China cannot assert regional hegemony if Japan and America unite on security, former U.S. Assistant Secretary of Defense Joseph Nye told an audience here Thursday. Nye, now a Harvard University distinguished service professor, spoke at a...

  • India's Modinomics picks up speed on a bumpy road

    TOKYO -- Modinomics is gathering steam. India's government has implemented a string of economic reforms being promoted by Prime Minister Narendra Modi, particularly those under his slogan "Make in India" campaign, and more are set to come. But the wa...

  • Japan top spokesman hopes for November China summit

    TOKYO -- Yoshihide Suga, Japan's chief cabinet secretary, hopes Japan and China will have a summit at next month's Asia-Pacific Economic Cooperation forum in Beijing. Japan's top government spokesperson delivered a keynote speech Thursday at the ...

  • Experts laud US Asia pivot, Japan collective defense move

    TOKYO -- Michele Flournoy, former U.S. undersecretary of defense for policy, said Thursday that the U.S. rebalancing to Asia is in the interest of the United States. Speaking at a symposium in Tokyo sponsored by Nikkei Inc. and the Center for Str...

  • US defense expert gives support for Asia pivot

    TOKYO -- Michele Flournoy, former U.S. under secretary of defense for policy, on Thursday urged U.S. leaders to continue pursuing its rebalancing policy to Asia, calling it "the right path" for her country. Speaking at a symposium in Tokyo sponso...

  • Japanese government, companies join to boost ties with Turkey

    TOKYO -- The Japanese government will establish a public-private joint committee to coordinate the expansion of investment, trade, and cultural exchange with Turkey. Japanese companies are increasingly expanding to Turkey, in such sectors as fina...

  • Japan to maintain special treatment for utility bonds

    TOKYO -- Even after deregulation breaks up their quasi-monopolies, Japan's 10 regional electric utilities would keep a perk that lets them issue bonds at generally lower interest rates than other companies, according to a proposal by the sector's reg...

  • Xi Jinping emulates ancient emperor

    BEIJING -- Chinese President Xi Jinping has stepped up his high-stakes battle against corruption within the Communist Party and is also seeking to tighten his control of the military. His supporters are exalting the leader to the skies, calling h...

  • North Korea may invite UN official to visit in quid pro quo

    UNITED NATIONS -- North Korean delegates offered a United Nations investigator the chance to visit their country in exchange for changes in a General Assembly resolution condemning the country's human rights record. "I've been able to meet with t...

  • Uighur separatists still rattling China a year later

    BEIJING -- A year after the Tiananmen Square car crash attack, violence blamed on Uighur insurgents continues in the northwest and poses a threat to Beijing as ethnic tensions keep festering. A four-wheel-drive vehicle slammed into crowds of tour...

  • China seeks to bolster economy under 'rule of law'

    BEIJING -- China will create basic economic laws to strengthen oversight and increase asset liquidity through market trading as part of a code of civil law it plans to compile, according to a key policy document released Tuesday by the Communist Part...