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  • Malaysia deportation

    Activist Joshua Wong sent straight back to Hong Kong

    KUALA LUMPUR -- Local activists have condemned Malaysian authorities for denying entry to Joshua Wong, a student leader from Hong Kong, and accused them of kowtowing to China. Wong had been invited to address various forums in Malaysia ahead of

    May 27, 2015 09:30 pm JST
  • China Telecom

    60 million 4G users by the end of the year

    HONG KONG -- China Telecom expects to have 60 million subscribers to its high-speed 4G mobile service by the end of 2015. China's third largest mobile service provider said Wednesday that some of those subscribers will come as the company expands it

    May 27, 2015 07:35 pm JST
  • Ganeshan Wignaraja, Peter Morgan and Mike Plummer

    How $73B can make South, Southeast Asia prosper

    Infrastructure is in vogue in Asia. There is increasing debate about its role in improving inclusive economic growth and the difficulty of funding the $8 trillion worth of infrastructure that the world's most populated and dynamic region needs. Ther

    May 27, 2015 07:00 pm JST
  • China's rumor mill

    Xi ally's US travel plans trigger talk of hidden agenda

    BEIJING -- Speculation is rife over a high-ranking Chinese official's plans to visit the U.S., possibly this summer. Wang Qishan is one of the seven members of the Politburo Standing Committee, the Chinese Communist Party's top decision-mak

    May 27, 2015 07:00 pm JST
  • Recovery or bubble repeat?

    Longtime investors eye Japan stock market with hope, fear

    TOKYO -- As the Bank of Japan's unprecedented quantitative easing and better corporate earnings help to push the Nikkei Stock Average to 15-year highs, longtime retail investors recall the wild optimism of the bubble years and the bitterness of its

    May 27, 2015 07:00 pm JST
  • Fish farms

    Moving the sea inland

    Tokyo -- With the bulk of fishing and farming being done in the world's oceans, Japanese fishery companies have decided to move some of their breeding operations inland. Nippon Suisan Kaisha, also known as Nissui, is developing a cultivation tec

    May 27, 2015 07:00 pm JST
  • Tokyo Stock Exchange

    Next trading system a world beater

    TOKYO -- Yoshinori Suzuki, executive vice president and chief information officer of Japan Exchange Group (JPX), in November 2013 stood on a makeshift podium and called out to hundreds of engineers. He is in charge of upgrading Tokyo Stock Exchange'

    May 27, 2015 07:00 pm JST
  • Washington scalds Beijing

    Tensions rise in the South China Sea

    WASHINGTON -- The U.S. and China are locked in an increasingly fierce war of words. Beijing's land reclamation on reefs in the South China Sea to build airstrips and other facilities is stoking tensions. The U.S. has declared that it will step u

    May 27, 2015 07:00 pm JST
  • 'Sell in May and go away'

    Does the market maxim apply to Asia?

    TOKYO -- The adage "Sell in May and go away" is well-known among European and U.S. investors. It is based on the notion that markets turn bearish in May, and that it is best to get out before the going gets rough. Does this hold true in Asia, too? W

    May 27, 2015 07:00 pm JST
  • Global competitiveness

    Asia's reform programs have yet to improve business environment

    HONG KONG -- Asian economies undergoing ambitious reforms have yet to see real improvement in local business environments, according to the findings of an annual global competitive ranking. This year's IMD World Competitiveness Ranking, published

    May 27, 2015 06:43 pm JST
  • Dollar falls to 123 yen line after Aso warning on excessive volatility

    TOKYO (Kyodo) -- The U.S. dollar fell slightly to the 123 yen line in Tokyo on Wednesday, retreating from a seven-year and 10-month high after Finance Minister Taro Aso warned against excessive volatility following the recent sharp drop of the

    May 27, 2015 06:04 pm JST
  • Japan retains economic assessment in May, but exports, output weaken

    TOKYO (Kyodo) -- The government on Wednesday maintained its basic assessment of Japan's economy in May, citing a pickup in private spending after last year's consumption tax hike, but downgraded its views on exports and output amid slowing overseas

    May 27, 2015 05:31 pm JST
  • Bold experiments

    Imperial Hotel introduces five-course breakfast for $75

    TOKYO -- An influx of overseas visitors to Japan's capital is giving Tokyo hotels enough breathing room to experiment with adventurous measures that might have been frowned upon during times of less favorable market conditions.

    May 27, 2015 05:30 pm JST
  • Tata Motors

    Slowing Chinese demand hits profit

    MUMBAI -- Slowing demand for its luxury Jaguar and Land Rover cars in China weighed heavily on Tata Motors' first quarter net profit, the lowest for the past nine quarters. The company's consolidated net profit was also impacted by losses at its Ind

    May 27, 2015 05:30 pm JST
  • Chinese e-commerce gunning to catch Alibaba

    SHANGHAI -- China's second-largest Internet retailer is looking to give the market leader, Alibaba Group Holding, a run for its money. In early May, agreed on a $350 million investment in Tuniu, a Chinese online travel agency. The company

    May 27, 2015 05:00 pm JST
  • Made in China 2025

    Foxconn to focus on automation, robots

    TAIPEI -- Foxconn Technology Group, the world's largest contract manufacturer and a leading exporter in China, is looking to develop technologies for automation, robots and other connected devices. "We will invest significantly in Internet of th

    May 27, 2015 04:50 pm JST
  • JGBs rise as BOJ operation suggests weaker selling pressure

    TOKYO (Dow Jones) -- Japan's government bond market rose Wednesday, as buyers took a cue from a Bank of Japan debt-buying operation that showed weaker selling pressure. Prices of both medium- and longer-term securities climbed, sending their yie

    May 27, 2015 04:02 pm JST
  • Nikkei marks 9th day of gains, fresh 15-yr high on weak yen

    TOKYO (Kyodo) -- The Nikkei stock index narrowly claimed its ninth straight trading day of gains to close at a fresh 15-year high Wednesday, as the yen's weakness against the U.S. dollar boosted investor sentiment in export-oriented issues. The

    May 27, 2015 04:00 pm JST
  • Indian exports

    New Delhi targets ocean rim market

    MUMBAI/NEW DELHI -- The economic leader of the Indian Ocean rim hopes to buck the label of developing nation through export opportunities in neighboring markets. Regional market activity is now attracting attention from around the world on account o

    May 27, 2015 03:00 pm JST
  • Belle International Holdings

    Sportswear pushes up profit for leading Chinese shoemaker

    HONG KONG -- Belle International Holdings, one of China's leading footwear and sportswear retailers listed in Hong Kong, posted a net profit of 4.76 billion yuan ($766 million) on late Tuesday for the fiscal year ended February 2015, up 8% from a ye

    May 27, 2015 01:47 pm JST