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  • Japan's @cosme ready to spread across Asia

    TOKYO -- Get ready, Taiwan, a brick-and-mortar @cosme store is coming your way.In fact, istyle, the operator of the well-regarded cosmetics review website and retail chain in Japan, is planning to open stores across Asia.The Taiwan store opens in Ma

    February 25, 2017 11:00 am JST
  • Baidu goes all in on AI revolution

    BEIJING -- Smarting from its first profit decline since stock listing, Chinese search engine giant Baidu is making a hard break toward artificial intelligence by tapping a ringer from Microsoft to spearhead the reform.Poison pill"This is a very exci

    February 25, 2017 07:15 am JST
  • For Chinese diplomats, loyalty to Xi trumps all

    BEIJING -- Even as the Group of 20 foreign ministers' meeting last week drew much fanfare as U.S. Secretary of State Rex Tillerson's international conference debut, Chinese Foreign Minister Wang Yi almost stayed home to prove his loyalty to Presiden

    February 25, 2017 04:55 am JST
  • Japan, China play for 'swing states' in regional trade game

    TOKYO -- Top negotiators from 16 Asia-Pacific countries representing roughly half the world's population and around a third of global trade will meet in Kobe next week to discuss a trade deal that some, like Japan, hope will bear fruit amid the grow

    February 25, 2017 04:00 am JST
  • China's No. 1 courier company debuts on Shenzhen Exchange

    GUANGZHOU, China -- SF Express, China's leading door-to-door parcel delivery company, made an impressive debut on the Shenzhen Stock Exchange on Friday, going limit up with a 10% gain.The company used a controversial backdoor route to listing -- acq

    February 25, 2017 03:00 am JST
  • China taps nonexpert for office on Japan policy

    BEIJING -- China's Foreign Ministry has picked a bureaucrat who is not a Japan specialist to lead a division in charge of Japanese policy for the first time since bilateral relations were normalized in 1972.Fang Kun, a Korean specialist, will head t

    February 25, 2017 02:00 am JST
  • Nikkei to remove 8 Shanghai-listed stocks from Asia300 Index

    TOKYO -- Nikkei Inc. will cut eight Chinese companies from the main Nikkei Asia300 Index, effective March 1.The stocks, which are listed only on the Shanghai Stock Exchange, are: Baoshan Iron & Steel, China National Nuclear Power, China Shipbuilding

    February 25, 2017 02:00 am JST
  • Malaysia reviewing diplomatic ties with North Korea

    KUALA LUMPUR -- The Malaysian government said on Friday it is reviewing diplomatic relations with North Korea in the light of evidence that the banned VX nerve agent was used to assassinate Kim Jong Nam, the older half-brother of the pariah communis

    February 24, 2017 11:47 pm JST
  • China names new planning chief, commerce minister before key meeting

    BEIJING (Reuters) -- China has appointed a new head for its top economic planning agency and a new commerce minister as part of a reshuffle ahead of a crucial Communist Party meeting later this year.He Lifeng, a vice chairman of the National Develop

    February 24, 2017 11:20 pm JST
  • Standard Chartered swings back to annual profit of $409mn

    LONDON (Reuters) -- Standard Chartered swung back to a full-year annual profit for 2016, the emerging markets-focused lender reported on Friday, as it pared back costs from chief executive Bill Winters's restructuring program.StanChart made a statut

    February 24, 2017 07:30 pm JST
  • Baidu sees first decline in profits

    BEIJING -- It seems Baidu cannot catch a break of late. China's largest internet search engine saw a first decline in profits since going public in 2005, dragged down by stricter regulations on online advertising.Net income in 2016 dropped by 65.44%

    February 24, 2017 07:10 pm JST
  • Big in Asia but World Baseball Classic still seeks US home run

    The 2017 World Baseball Classic -- a popular international sporting event created by U.S.-based Major League Baseball -- will get underway in March amid its struggles to achieve the same worldwide recognition as the annual American World Series.The

    February 24, 2017 07:00 pm JST
  • Interview

    Emerging-market demand yet to bottom out -- Komatsu CFO

    TOKYO -- Shares of Japan's Komatsu have risen fairly consistently since mid-2016, and the price is now 60% higher than the level a year ago. The investor enthusiasm was prompted by data showing the operating hours of its machinery in China have been

    February 24, 2017 06:40 pm JST
  • China's new permit system unsettles foreign companies

    China's plans to introduce a new work permit system in April have sparked consternation among foreign nationals in the world's second-largest economy.Most foreign workers will have to meet age and academic background requirements. They may also have

    February 24, 2017 06:00 pm JST
  • China up close

    Xi wants same status as Mao and Deng

    TOKYO -- Chinese President Xi Jinping gives himself no respite, even though he has consolidated considerable power through his signature anti-corruption campaign.The 63-year-old's thinly veiled ambition now is to go down in the history of the Chines

    February 24, 2017 04:30 pm JST
  • The case for breaking with Beijing's growth target tradition

    TOKYO -- It is nearly target-setting time again in China. The National People's Congress is due to convene in March, and it is customary for the premier to announce the government's desired economic growth rate for the year. Ambitious goals, however

    February 24, 2017 04:00 pm JST
  • Chinese OTC market basking in the spotlight

    SHANGHAI -- China's over-the-counter stock market is booming as investors seek to trade in unlisted startups and in businesses looking to raise funds, all while bypassing the heavily regulated public exchange.The National Equities Exchange and Quota

    February 24, 2017 03:00 pm JST
  • Hong Kong stocks pullback on caution over valuations

    HONG KONG (NewsRise) -- Hong Kong stocks fell for a second day from 18-month highs on Friday as caution over a recent rise in valuations weighed on investor sentiment. Heavyweights led by Tencent Holdings paced declines.The benchmark Hang Seng Index

    February 24, 2017 02:14 pm JST
  • Trump calls Chinese 'grand champions' of currency manipulation

    WASHINGTON (Reuters) -- President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practice

    February 24, 2017 11:40 am JST
  • Samsung struggling in China as market share shrivels

    BEIJING -- The massive Chinese consumer market is not the banquet Samsung Electronics feasted on just a few years ago, with the South Korean consumer electronics behemoth plunging from first place to sixth in the smartphone market and from fifth to

    February 24, 2017 10:00 am JST