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  • Hindalco

    Metals drive Indian indexes to worst monthly drop in nearly four years

    MUMBAI (NewsRise) -- Indian shares ended lower Monday, marking their biggest monthly fall in nearly four years in August, as a global selloff sparked by worries of a slowdown in China weakened sentiment. The benchmark BSE Sensex fell 0.41% to 26

    August 31, 2015 09:23 pm JST
  • Bangkok bombing suspects

    Police issue new warrants for Thai woman, foreign man

    BANGKOK -- Thai authorities on Monday issued two fresh arrest warrants in connection with the deadly Aug. 17 bombing in Bangkok. One warrant is for a Thai woman, while the second is for an unidentified foreign man, police spokesman Lt. Gen. Praw

    August 31, 2015 09:14 pm JST
  • Malaysian demonstrations

    Najib clings to power despite renewed attacks by Mahathir

    KUALA LUMPUR -- Malaysia's embattled Prime Minister Najib Razak looks secure in office, for now, despite massive weekend street protests calling for his removal. The prime minister, under pressure since July over $700 million deposited in bank a

    August 31, 2015 09:05 pm JST
  • Zee Entertainment

    English news channel to make debut for global push

    NEW DELHI (NewsRise) -- Zee Entertainment Enterprises, founded by billionaire Subhash Chandra, plans to expand in global markets, as India's biggest listed media company aims to boost its viewership by five times to become one of the top global play

    August 31, 2015 08:13 pm JST

    Thai energy company reduces stake in Myanmar fields

    BANGKOK -- PTT Exploration and Production, an oil and gas production subsidiary of Thailand's state-owned PTT, said Monday it cut its stake in two onshore exploration blocks in central Myanmar from 90% to 70%, selling off two 10% interests to Japan'

    August 31, 2015 08:10 pm JST
  • Evergrande Real Estate

    Chinese residential developer's 1st-half profit rises 40%

    HONG KONG -- Evergrande Real Estate Group, a major Chinese property developer, on Monday said its net profit rose 40% on the year in the six months through June, to 13.29 billion yuan ($2.09 billion). The jump was mainly thanks to increased sale

    August 31, 2015 07:53 pm JST
  • The creditor question

    Market uneasy over China's plans for its US debt holdings

    NEW YORK -- China's management of its U.S. debt holdings is becoming a worry among market insiders. Bill Gross, a well-known American bond investor, in a Wednesday tweet raised the question of whether China was "selling long Treasuries." That mo

    August 31, 2015 07:30 pm JST
  • Troops along border

    China indirectly tells North Korea to behave itself

    TOKYO -- It is clear that North Korea's latest attention-seeking tantrum crossed a line with China, whose 70th anniversary end-of-the-war military parade takes place later this week. Unlike previous occasions on which North Korea felt the need to sh

    August 31, 2015 07:30 pm JST
  • Duncan McCargo

    Passive resistance in Thailand's northeast

    KHON KAEN, Thailand -- When a deadly bomb exploded at Erawan Shrine in the heart of Bangkok on Aug. 17, Thailand's interim Prime Minister Prayuth Chan-ocha initially suggested an anti-government group based in the country's northeast could be to bla

    August 31, 2015 07:00 pm JST
  • Cooperation or confrontation?

    China's US 'fox hunt' strains ties with Washington

    TOKYO -- The blame game between China and the U.S. is heating up. Beijing's covert manhunt for fugitive Chinese officials in the U.S. has incensed Washington. In China, where investors are reeling from a recent stock market crash, netizens see a U.S

    August 31, 2015 07:00 pm JST
  • Toshiba seeks further delay in earnings report until Sept 7

    TOKYO (Dow Jones) -- Toshiba, wrestling with the effects of an accounting scandal, on Monday sought a further delay in filing its earnings for the fiscal year ended in March, saying it had found possible additional irregularities at several subsidia

    August 31, 2015 06:18 pm JST
  • Dollar slides to lower 121 yen, hit by another stock sell-off

    TOKYO (Kyodo) -- The U.S. dollar retreated to the lower 121 yen zone Monday in Tokyo, as renewed weakness in Tokyo stocks prompted traders to seek the perceived safety of the yen. At 5 p.m., the dollar fetched 121.18-20 yen compared with 121.65-

    August 31, 2015 06:05 pm JST
  • Dollar drops vs yen and euro as stocks weaken, on track for monthly loss

    LONDON (Reuters) -- The dollar lost ground against the safe-haven yen and the low-yielding euro on Monday as global stock markets began the week in the red, prompting investors to trim bets against currencies popularly used to fund risky carry trade

    August 31, 2015 05:10 pm JST
  • Hitachi's new fridge

    'Sleepy' vegetables last longer

    TOKYO -- How do you keep an asparagus fresh and crisp in the refrigerator for seven days? You put it to sleep. Hitachi has just released a new refrigerator that prolongs the storage life of vegetables through the natural gases it discharges. By

    August 31, 2015 04:40 pm JST
  • Tokyo stocks fall on murky Fed outlook, soft Japanese factory data

    TOKYO (Kyodo) -- Tokyo stocks closed lower on Monday in lighter trading as lingering uncertainty about the U.S. monetary policy outlook and unexpectedly soft Japanese industrial output data combined to stifle investor sentiment. The 225-issue Ni

    August 31, 2015 04:13 pm JST
  • G-20 meeting

    World leaders to try and stop stock rout

    TOKYO -- It remains uncertain whether the market confusion triggered in China will subside. The issue is likely to dominate a meeting of finance ministers and central bank chiefs from the Group of 20 leading world economies in Ankara on Friday and S

    August 31, 2015 04:00 pm JST
  • New booking website

    Rich Chinese tourists in Japan about to have more dinner options

    Ikyu, a Japanese hotel-booking website operator, plans to launch a restaurant reservation service for Chinese tourists in Japan. The company has agreed with International, China's largest travel website operator, to tie-up on providing "fo

    August 31, 2015 03:50 pm JST
  • JGBs firm on flight to safety, month-end demand

    TOKYO (Reuters) -- Japanese government bond prices firmed slightly on Monday on safety bids and month-end demand but many investors were reluctant to buy ahead of a 10-year bond auction on Tuesday. The 10-year Japanese government bond yield dipp

    August 31, 2015 03:35 pm JST
  • 197 Chinese netizens punished for spreading online rumors

    BEIJING (Kyodo) -- Chinese authorities have punished 197 netizens for "spreading rumors" online about recent news events such as the upcoming commemoration of the 70th anniversary of the end of World War II, state-run media reported late Sunday.

    August 31, 2015 02:10 pm JST
  • China markets fall despite efforts to curb speculative trada

    (Dow Jones) -- China's markets fall as investor sentiment remains fragile despite a government crack down on illegal trading, say analysts. The benchmark Shanghai Composite Index retreated 2.6% at 3148.08, while the Shenzhen Composite Index drop

    August 31, 2015 01:35 pm JST