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  • Vladimir Miklashevsky

    Troubled former Soviet republics may face further currency turmoil

    Weak commodity prices caused by the ending of the U.S. Federal Reserve's quantitative easing program and China's economic slowdown are dramatically reshaping emerging markets. For the former republics of the Soviet Union, forced to adjust to rising

    February 8, 2016 09:15 pm JST
  • Indian business

    Modi demands end to 'tax terrorism'

    BANGALORE, India -- Twenty months into his tenure, Indian Prime Minister Narendra Modi has started batting in earnest for the corporate sector, ordering tax officials to stop harassing big companies. The directive came in the form of a memo that

    February 8, 2016 09:00 pm JST
  • Indian market wrap

    Shares fall as Fed rate uncertainty weighs on risk appetite

    MUMBAI (NewsRise) -- India shares fell Monday, tracking a selloff on Wall Street, as expectations of rate increases by the Federal Reserve in 2016 resurfaced after a U.S. jobs report, dampening demand for risk assets. The benchmark BSE Sensex en

    February 8, 2016 08:30 pm JST
  • Michael Schrage

    Google shall return

    Capitulation? Accommodation? Compromise? Google's low-key return to China after its five-year recusal reflects the mutual wariness of global rivals driven by radically different desires to shape the internet's future. What's certain is that there wi

    February 8, 2016 08:25 pm JST
  • Fred Gale

    China's 'zombie commodities' haunt the market

    China has a record-breaking stockpile of farm commodities that has been languishing in warehouses for years, declining in value. Officials are afraid to let the crops out, fearing the havoc they could cause if released. The towering stockpiles r

    February 8, 2016 08:00 pm JST
  • Tata Steel

    Steelmakers jump as India seeks to limit imports with floor price

    NEW DELHI (NewsRise) -- Shares of Indian steelmakers rose Monday, after the federal government set a floor price for product imports to thwart surging overseas steel purchases from countries like China. Steel imports into India, a growing market

    February 8, 2016 07:18 pm JST
  • Bosch India

    Profit doubles in third quarter on surging auto parts sales

    NEW DELHI (NewsRise) -- Bosch, the Indian unit of the world’s biggest car-parts manufacturer, said third-quarter net profit nearly doubled, boosted by higher sales. Net income for the quarter ended Dec. 31 jumped to 2.21 billion rupees ($33 millio

    February 8, 2016 07:17 pm JST
  • Indonesian economy

    Textile industry stutters amid trade fears

    JAKARTA -- In an airy 1950s factory on the western outskirts of the Indonesian capital, Rina Yulianti watches over a knitting machine with the quiet intensity of an 18-year-old just a few months into her first job. "I was worried when I graduate

    February 8, 2016 07:00 pm JST
  • Food and agriculture trade

    TPP to help protect brands, lower nontariff barriers

    SYDNEY/TOKYO -- The Trans-Pacific Partnership, a comprehensive free trade agreement spanning parts of the Asia-Pacific, is expected to lower tariffs on food and agricultural products. The pact could also bring food producers broader benefits by prot

    February 8, 2016 07:00 pm JST
  • Negative interest rates

    What Europe's experience tells us about the BOJ's experiment

    TOKYO -- The Bank of Japan hopes its negative interest rate will help to boost prices. Haruhiko Kuroda, the central bank's governor, argues the policy will spur consumption and capital spending. But do negative interest rates work? And what side eff

    February 8, 2016 07:00 pm JST
  • Catastrophe bonds

    Betting against disaster

    TOKYO -- With growing instability in financial markets and decent returns on traditional financial products ever harder to attain, many investors are turning to an unlikely source in order to diversify portfolios. Catastrophe bonds, commonly re

    February 8, 2016 07:00 pm JST
  • ASEAN design goods

    Japanese touch sells to the world

    TOKYO -- Adding a foreign twist can make all the difference when seeking a wider appeal, and in the hope of expanding sales overseas, some Southeast Asian companies have sought to add a little Japanese influence to their products. The Nikkei Asian R

    February 8, 2016 07:00 pm JST
  • Yoshiharu Inaba interview

    Fanuc boss says robots are here to help us, not replace us

    TOKYO -- Industrial robots are getting smarter, thanks to the rise of artificial intelligence. They are also getting better at collaborating with humans. But is it only a matter of time until they nudge us out of the workplace picture entirely?

    February 8, 2016 07:00 pm JST
  • North Korea

    Posturing for party convention a serious threat to security in Korean Peninsula

    SEOUL -- North Korea's launch of what is believed to be a long-range ballistic missile on Sunday has been met with unanimous condemnation, but raises questions over just what the international community is able to do in order to keep the country's o

    February 8, 2016 07:00 pm JST
  • Beer market

    China's brewers face an unfamiliar challenge -- sinking sales

    DALIAN, China -- After years of steady growth, China's beer market is losing its fizz as the economy slows and consumers turn to other types of alcohol. To stay afloat, the country's brewers are looking to reduce overcapacity and otherwise downsize

    February 8, 2016 07:00 pm JST
  • Chinese politics

    Xi muscles his way into party 'core' with military revamp

    TOKYO -- Chinese President Xi Jinping recently reorganized the country's military to further tighten his grip on power. Xi appears to be positioning himself on the same level as past Chinese leaders who are seen as the embodiment of the Communis

    February 8, 2016 07:00 pm JST
  • Japan to extend $1m in aid to Taiwan for deadly quake

    TOKYO (Kyodo) -- Japan said Monday it will extend $1 million in aid to Taiwan for disaster relief and reconstruction following Saturday's deadly earthquake that rocked the south of the island. Japan will offer the aid to the Red Cross Society o

    February 8, 2016 05:50 pm JST
  • TCC Group-Casino Group deal

    Thai conglomerate buys Big C for $3.4bn

    BANGKOK -- Marking its first full-fledged step into the retail market, Thai conglomerate Thai Charoen Corporation (TCC) Group, owned by alcohol tycoon Charoen Sirivadhanabhakdi, has agreed to buy a majority stake in supermarket operator Big C Superc

    February 8, 2016 05:27 pm JST
  • Tokyo stocks climb as dollar rises on Fed rate hike hopes

    TOKYO (Kyodo) -- Tokyo stocks ended higher Monday, snapping a four-day losing streak, as mixed U.S. jobs data lent support to a gradual U.S. rate hike scenario, pushing up the dollar against the yen. The 225-issue Nikkei Stock Average finished u

    February 8, 2016 04:43 pm JST
  • David I. Steinberg

    Myitsone dam is as much Aung San Suu Kyi's problem as Beijing's

    In September 2011, Myanmar President Thein Sein dropped a bombshell on his country's previously close relations with China. Citing the public interest, he announced that construction of China's largest hydroelectric project in Southeast Asia -- the

    February 8, 2016 04:10 pm JST