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  • Indian Ocean

    Stability is key to emerging geopolitical maritime hub

    The emerging centrality of the Indian Ocean for global trade and energy flows and for a stable balance of power in Asia is sharpening geopolitical competition in the wider region, home to prominent strategic chokepoints such as the Malacca and Hormu

    November 29, 2015 01:00 pm JST
  • Macau casino slump

    Melco Crown bets on families with Hollywood-inspired resort

    HONG KONG -- Melco Crown Entertainment, a major casino operator based in Macau, has opened a glittering resort complex in an effort to ease its dependence on gambling revenue, which has been squeezed by China's slowdown and Beijing's austerity campa

    November 29, 2015 01:00 pm JST
  • Japanese fintech

    Biometric payment systems put money at your fingertips

    TOKYO -- Fintech is rapidly changing the way consumers pay for dinner, or even a dip in a public bath. New cashless, cardless payment systems are sprouting up in Japan one after another. Thanks to the marriage of finance and technology, consumer

    November 29, 2015 01:00 pm JST
  • Suu Kyi seeks humility of NLD winners in general election

    YANGON (Kyodo) -- Myanmar's democracy icon Aung San Suu Kyi on Saturday told members of her party who won the Nov. 8 general election that they should be humble despite their triumph, according to participants of the meeting that was closed to the m

    November 29, 2015 12:19 pm JST
  • Moscow places economic sanctions on Turkey over downing of Russian jet

    MOSCOW (Kyodo) -- Russia on Saturday imposed de facto economic sanctions on Turkey, including suspension of a visa waiver program, in retaliation for the recent downing of a Russian bomber by Turkish forces. Russian President Vladimir Putin

    November 29, 2015 11:33 am JST
  • Celltrion, Hanmi Science

    Drugs could be South Korea's next growth sector

    SEOUL -- A pair of South Korean drug companies are leveraging their R&D prowess to climb to the top of the industry, rushing past less-nimble members of large conglomerates and lining the sector up as the nation's next driver of growth. Novel-dr

    November 29, 2015 07:00 am JST
  • Infrastructure development

    APEC exposes weaknesses of Manila's transport network

    MANILA -- The tight security for the recent Asia-Pacific Economic Cooperation summit laid bare the severely underdeveloped transportation infrastructure in the Philippine capital, inflaming public skepticism over the government's priorities. The

    November 29, 2015 07:00 am JST
  • Japan, China

    High-level meeting in the works

    TOKYO -- Japan and China are preparing to hold a vice ministerial-level meeting in Beijing, perhaps before the end of the year. The meeting will be a warm-up for a dialogue of cabinet-level ministers with economic portfolios that is expected to

    November 29, 2015 01:40 am JST
  • COP21 talks

    Negotiations on emission reduction targets to begin Monday

    TOKYO -- COP21 starts Monday, when U.N. member nations begin negotiating how much each will reduce greenhouse gas emissions in an attempt to save the planet's ability to sustain life. Delegates to the 21st Conference of the Parties to the U

    November 29, 2015 01:35 am JST
  • North Korea

    Test launch of missile from submarine fails

    SEOUL -- A North Korean attempt to test launch a missile from a submarine on Saturday appears to have failed. According to a source from the South Korean government, the failure took place in the Sea of Japan. While no evidence that a missil

    November 29, 2015 01:08 am JST
  • Iranian oil

    Bigger share of profits promised to global oil majors

    TEHRAN, Iran -- The Iranian government on Saturday unveiled a new contract model for oil and gas field development that offers foreign contractors bigger opportunities to make money. The new program will allow foreign businesses to be involved i

    November 28, 2015 11:20 pm JST
  • CEO in the news

    Olam's humble Verghese has big plans for Africa

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    November 28, 2015 09:55 pm JST
  • North Korea tested submarine-launched missile, but launch failed - report

    SEOUL (Reuters) -- North Korea appeared to conduct a submarine-launched ballistic missile test on Saturday but it ended in failure with no indication that the missile successfully ejected from the vessel and took off, South Korea's Yonhap news agenc

    November 28, 2015 08:38 pm JST
  • China up close

    Beijing played unwitting role in North Korea's latest political kabuki

    TOKYO -- Choe Ryong Hae, a secretary of North Korea's ruling Workers' Party of Korea and the reclusive state's point man on relations with China, has disappeared from the public eye. Choe was absent from a recent state funeral for a political he

    November 28, 2015 01:00 pm JST
  • New marketing

    Japanese companies enlist 'otaku' culture to reach young people

    TOKYO -- "Here you go. Ethnic lemon ramen, Vietnam-style," Ryo Saionji whispers gently into the consumer's ear. "I'm glad you liked it. Ah, you're finally smiling! Your smile ... makes me blush." Saionji is a character in Toyo Suisan Kaisha's Vo

    November 28, 2015 01:00 pm JST
  • Japan tech

    Sony bets on mirrorless cameras for revival

    TOKYO -- The once-mighty Sony is looking for salvation in digital cameras and other imaging products. But with the electronics market maturing and its business model losing effectiveness, the Japanese company faces a tough road to recovery. At

    November 28, 2015 01:00 pm JST
  • Autonomous vehicles

    Self-driving cars may be just around corner for Nissan, Toyota

    TOKYO -- Toyota Motor and Nissan Motor recently offered journalists rides in their latest self-driving cars as part of their media promotions for the Tokyo Motor Show 2015, which ran from late October to early November. The demonstrations highli

    November 28, 2015 01:00 pm JST
  • Suicide bomber hits Shi'ite procession in Nigeria's Kano state

    KANO (Reuters) -- A male suicide bomber hit a procession of Shi'ite Muslims in Nigeria's Kano state as they walked to the city of Zaria to pay homage to their founder in the country, security sources and a Shi'ite leader said. Muhammad Turi said

    November 28, 2015 11:29 am JST
  • Brazil's Rousseff cancels Japan trip as budget crisis worsens

    BRASILIA (Reuters) -- Brazilian President Dilma Rousseff on Friday called off a trip to Japan and Vietnam to save money after ordering a budget freeze of 10 billion reais ($2.60 billion) that threatens to grind the government to a halt. The free

    November 28, 2015 11:14 am JST
  • Combating the Islamic State

    Russia, Turkey spar over alleged black-market oil

    MOSCOW -- Russia has accused Turkey of funding the Islamic State group through illicit oil purchases, threatening retaliation and reigniting complex historical tensions after the downing of a fighter jet. The Islamic State raises most of its fun

    November 28, 2015 07:45 am JST