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  • Thai military junta pushes tax hikes

    BANGKOK -- Thailand's military government, which came to power in a May coup, is pushing through unpopular tax hikes to lift the country's sagging tax revenue and attempt to cure fiscal woes. The government of Gen. Prayuth Chan-ocha, named prime

    September 21, 2014 07:00 am JST
  • Yellow lights flash for China's economic outlook

    TOKYO -- The outlook for the Chinese economy is drawing stronger attention amid a series of indexes flashing yellow for its recovery. One such warning is the five-year-and-eight-month low in industrial production in August. Attention will grow f

    September 21, 2014 07:00 am JST
  • Jean-Claude Trichet (20): Crisis in the making

    Right after I took the helm at the ECB, I had a run-in with the governments and the heads of state of three big countries in the euro area: Germany, France and Italy. They formed an alliance to loosen the rules of the Stability and Growth Pact,

    September 21, 2014 03:30 am JST
  • Foreign investors to create guidelines for dialogue with Japanese companies

    TOKYO -- A group of major foreign asset management companies, including FIL Investments (Japan), will work together to draw up guidelines for active dialogue with investee Japanese companies. The guidelines will show what foreign institutional i

    September 21, 2014 02:00 am JST
  • Japan to increase intelligence staff by one-third

    TOKYO -- The Japanese government plans to boost the number of employees at its Public Security Intelligence Agency from the current 1,500 to 2,000 by 2020 to step up antiterrorism measures ahead of the 2020 Tokyo Olympics. As the first step towa

    September 21, 2014 02:00 am JST
  • Algeria rejects arbitration in row with Japanese construction venture

    TOKYO -- A dispute between a joint venture made up of five Japanese companies and Algeria over a huge highway project is deepening, as the African country refuses international arbitration. The joint venture, which includes Kajima and Taisei, as

    September 21, 2014 12:40 am JST
  • Afghan election candidates reach agreement on unity government : reports

    KABUL (Kyodo) -- The two rival candidates in Afghanistan's heavily disputed presidential election have agreed on the framework of a "national unity government," local media reported Saturday. In addition, the country's Electoral Commission annou

    September 21, 2014 12:13 am JST
  • New Zealand's National Party wins general election

    SYDNEY (Kyodo) -- New Zealand Prime Minister John Key was reelected to a third term in office on Saturday, with his center-right National Party winning the country's general election by a wide margin. "Three more years," Key said in his victory

    September 20, 2014 10:14 pm JST
  • Humphrey Hawksley: Scottish vote holds lessons for Asia

    The United Kingdom has survived; it remains a single sovereign state comprising the three nations of England, Scotland and Wales, and the province of Northern Ireland. But Scotland's referendum vote on Sept. 18 was so tense, and the result so close

    September 20, 2014 09:30 pm JST
  • G-20 mulls fiscal steps to underpin growth amid slowdown jitters

    CAIRNS, Australia (Kyodo) -- Finance chiefs of the Group of 20 leading economies Saturday discussed whether they can launch fiscal measures to underpin the global economy amid increasing concerns over an economic slowdown. The finance ministers a

    September 20, 2014 08:47 pm JST
  • SoftBank to book Y500bn profit through Alibaba listing

    TOKYO -- SoftBank said on Saturday that it expects to book an extraordinary group profit of about 500 billion yen ($4.55 billion) related to Chinese e-commerce giant Alibaba Group Holding's listing in the U.S. in the first half of fiscal 2014, which

    September 20, 2014 07:42 pm JST
  • Japanese research has carbon nanotubes marching to market

    TOKYO -- Japanese researchers are working hard to find new applications for carbon nanotubes -- tiny molecular structures whose plethora of special properties have earned them the sobriquet of "dream material." Much of their latest efforts cente

    September 20, 2014 01:00 pm JST
  • Head of zipper maker YKK sees the end of production shift in Asia

    TOKYO -- Manufacturers are moving production bases from country to country in search of lower labor costs, and the garment industry, which faces some of the world's stiffest price competition, is no exception. But while a growing number of cloth

    September 20, 2014 01:00 pm JST
  • Global money props up dollar, highlighting weakness elsewhere

    TOKYO -- Global funds are flowing into the dollar as a U.S. interest rate hike looms on the horizon, helping to underpin the country's economy and ushering the end of monetary easing there, but the galloping greenback also underlines weaknesses in t

    September 20, 2014 06:45 am JST
  • Scottish stocks up after voters turn down independence

    LONDON -- Scotland-based companies rose Friday on the London Stock Exchange, with Royal Bank of Scotland temporarily gaining 4.6%, after the region voted to remain in the U.K. The pound also strengthened in Tokyo, touching $1.65 at one point. Th

    September 20, 2014 06:43 am JST
  • Corporate Japan aggressively issuing long bonds before rates rise

    TOKYO -- Japanese companies are stepping up their issuance of long-term bonds to get their hands on cheap money while interest rates are still low. ANA Holdings issued 15 billion yen ($136 million) in 12-year bonds Thursday to roll over debt. Th

    September 20, 2014 06:33 am JST
  • UN Security Council stands with Iraq against Islamic State militants

    UNITED NATIONS -- The United Nations Security Council expressed support Friday for Iraq's fight against the Islamic State (ISIL), with many countries pledging military and humanitarian aid. U.S. Secretary of State John Kerry chaired the meeting,

    September 20, 2014 06:26 am JST
  • SoftBank won't sell Alibaba stake: Son

    TOKYO -- SoftBank has no intention of selling its Alibaba shareholdings, Chairman and Chief Executive Officer Masayoshi Son said, even with their value up by a factor of 4,000 from what it paid for them thanks to Friday's initial public offering.

    September 20, 2014 06:19 am JST
  • Canon, outsiders reanimating diagnostic imaging to lift exports

    OSAKA -- A world-class diagnostic imaging device under development by Canon is just one of the many projects that cross industry boundaries as the Japanese government continues its push to boost medical exports. Doctors need a clear view of tiny

    September 20, 2014 05:44 am JST
  • No sunshine at Asian Games after Koreas clash over costs

    SEOUL -- North Korean athletes striding onto the field at Friday's opening ceremony of the Asian Games in Incheon were greeted with cheers. Not so a North Korean patrol ship that strayed over a disputed maritime border to warning shots from South Ko

    September 20, 2014 05:43 am JST