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  • Asia's venture capital firms learn Silicon Valley tricks

    BANGKOK -- On March 10, at the SXSW event in Austin, Texas, in the U.S., self-driving electric car maker NIO revealed plans to make a near-fully autonomous electric car commercially available in the U.S. by 2020, aiming at becoming one of the first

    April 23, 2017 12:00 pm JST
  • Mitsubishi Motors to begin engine production in China

    TOKYO -- Mitsubishi Motors will build a 10 billion yen ($92 million) plant in China to supply engines for locally built Outlander sport utility vehicles.At present, the carmaker imports engines for the SUVs from Japan. The plant will have an annual

    April 23, 2017 02:00 am JST
  • Growth separating wheat from chaff in China consumer stocks

    HONG KONG-- There is a growing split in China's consumer stocks as people in the country grow richer.The winners are those selling high-end goods such as premium baijiu liquor and home appliances. Losers include low-end food processors, whose sales

    April 21, 2017 03:58 pm JST
  • China's TCL chairman complains of US protectionism over pending tech deal

    HONG KONG (Reuters) -- China's TCL Group on Friday said U.S. protectionism is the biggest hurdle to Chinese firms going global, and that the electronics maker had been told it may not win approval in its bid to buy a U.S. technology firm."We have an

    April 21, 2017 03:40 pm JST
  • Wall Street rebound on tax reforms lifts Hong Kong shares

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose as renewed hopes of U.S. tax reforms propped up indexes on Wall Street and boosted risk appetite.The Hang Seng Index was up 0.1% at 24,075.16 by midday after rising as much as 0.6% earlier. China P

    April 21, 2017 02:27 pm JST
  • Chinese auto brands moving up the ranks at home

    SHANGHAI -- State-owned Chinese automakers are working to develop more models under their own brands in an effort to prepare for intensifying competition in the world's largest auto market.Chongqing Changan Automobile unveiled a new sport utility ve

    April 21, 2017 07:54 am JST
  • LeTV spilled first post-listing red ink in 2016

    SHANGHAI -- Leshi Internet Information & Technology, or LeTV, reported Thursday a roughly 340 million yuan ($49.4 million) operating loss for the year ended December, sliding into the red for first time since the Chinese company's 2010 listing as he

    April 21, 2017 06:40 am JST
  • Corporate China will always find a way to borrow

    HONG KONG -- Where there is a will there is a way. Cash-hungry Chinese companies apparently continue to leverage up despite Beijing's vow to rein in excessive credit growth and curb nonstandard lending amid increasing reported cases of bankruptcy.A

    April 20, 2017 11:00 pm JST
  • China tax cuts end Hong Kong share losses

    HONG KONG (Nikkei Markets) -- Hong Kong stocks headed for their first gains in four days after China announced fresh tax cuts, with traders saying that current global uncertainty had already been priced in.The Hang Seng Index rose 0.4% to 23,921.39

    April 20, 2017 02:50 pm JST
  • Asian startups step out of Silicon Valley's shadow

    TOKYO/JAKARTA -- Nur Dwi Sasi's daily commute to her workplace in South Jakarta used to be a daunting task. The 47-year-old office worker had to walk in the scorching heat to catch a jam-packed minibus before changing to another, equally crowded bus

    April 20, 2017 12:00 pm JST
  • Asia's venture capital firms learn Silicon Valley tricks

    BANGKOK On March 10, at the SXSW event in Austin, Texas, in the U.S., self-driving electric car maker NIO revealed plans to make a near-fully autonomous electric car commercially available in the U.S. by 2020, aiming at becoming one of the first com

    April 20, 2017 10:00 am JST
  • Asian startups step out of Silicon Valley's shadow

    TOKYO/JAKARTA Nur Dwi Sasi's daily commute to her workplace in South Jakarta used to be a daunting task. The 47-year-old office worker had to walk in the scorching heat to catch a jam-packed minibus before changing to another, equally crowded bus. T

    April 20, 2017 10:00 am JST
  • India's Flipkart karts in $1.4bn from Tencent, eBay and Microsoft

    NEW DELHI India's e-commerce boom has triggered an intense battle for supremacy, with the top two players pulling no punches and deep-pocketed global investors swooping in.The homegrown Flipkart, India's largest e-tailer, on April 10 announced it ha

    April 20, 2017 10:00 am JST
  • Lenovo tries to future-proof itself with $1.2bn for AI, other tech

    TOKYO Chinese PC titan Lenovo Group will invest more than $1.2 billion into artificial intelligence, the internet of things and big data over the next four years, according to Chairman and CEO Yang Yuanqing.The company will also work with Google and

    April 20, 2017 10:00 am JST
  • Toshiba keeps fighting, but its future looks grim

    TOKYO Toshiba's problems just won't go away. The company failed to get its auditor's approval of a delayed earnings report. The sale of its prized memory chip business is faltering. And wary creditors are casting doubt over future funding. It's defi

    April 20, 2017 10:00 am JST
  • Beijing hits South Korea in the pocketbook over THAAD

    JEJU/SEOUL, South Korea The pub near the Lotte Hotel on Jeju Island was deserted on the evening of March 16, one day after Chinese authorities banned group tours from visiting South Korea.The owner of the beer hall, simply called Island, is normally

    April 20, 2017 10:00 am JST
  • Company in focus: AIA's chief passes the torch -- and some big challenges

    HONG KONG Mark Tucker, the well-regarded chief executive of AIA Group, surprised investors on March 13 when he announced that he was leaving one of the world's largest life insurers by market value for HSBC, the struggling international bank. AIA's

    April 20, 2017 10:00 am JST
  • India sounds off about Beijing's economic policies

    HONG KONG The Indian government's chief economic adviser had some choice words for China recently, labeling the country a "big source of systemic risk" to the global economy.In an interview with the Nikkei Asian Review and other members of the media

    April 20, 2017 10:00 am JST
  • Samuel Biggins: The skeptics are wrong about Chinese investment in Australia

    For those who make a living out of cross-border real estate investment, these are interesting times. Not a day goes by without a seller asking about the current level of demand, or examining the execution and financing risks of entering a deal with

    April 20, 2017 10:00 am JST
  • Japan duty-free chain Laox makes foray into dining

    TOKYO -- Japanese retailer Laox will start a buffet-style restaurant as well as a table-reservation website targeting tourists visiting Japan, as it seeks to branch out from its slumping duty-free business.The company plans to open a restaurant by t

    April 20, 2017 08:00 am JST