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Results 1 - 20 of 2001
  • China's Xi turns on the charm but will Modi be swayed?

    BEIJING -- Speculation is a favorite hobby of the Indian elite, but even the shrewdest players of political parlor games was surprised by Chinese President Xi Jinping's gift to Indian Prime Minister Narendra Modi when they met in Brazil on July 15.

    July 23, 2014 01:00 pm JST
  • China out to put red stamp on global finance

    BEIJING -- The Chinese leadership sees a new generation of multilateral lenders as the beginnings of an economic sphere that revolves around the yuan, not the dollar. President Xi Jinping came away from last week's BRICS summit in Brazil with an

    July 23, 2014 04:34 am JST
  • Japan's Lixil teams up with Chinese realty company in housing R&D

    TOKYO -- Lixil Group has partnered with Chinese real estate company Greenland Group on research and development in the housing field. The two companies plan to set up a research organization in Shanghai. Using Lixil's expertise, the organization

    July 23, 2014 03:36 am JST
  • China's Xiaomi enjoying meteoric growth

    BEIJING/MUMBAI -- Called "the Apple of China" for its popularity among young consumers, smartphone maker Xiaomi has grown rapidly over its short life span, potentially reaching the equivalent of 1 trillion yen ($9.75 billion) in annual sales just fi

    July 23, 2014 03:14 am JST
  • Xi swings by Latin America to make overtures

    BEIJING -- Aiming to raise China's regional profile, President Xi Jinping is using a tour through four nations of Latin America to bolster ties in trade and infrastructure development. Meeting with members of the Community of Latin American and

    July 23, 2014 02:07 am JST
  • China's big property stocks stand to gain from industry shakeout

    HONG KONG -- Lifted by real estate and financial shares, the Hang Seng Index bounced back Tuesday after three straight sessions of declines to mark a new year-to-date high. Mainland Chinese real estate firms trading on the Hong Kong bourse logge

    July 23, 2014 12:42 am JST
  • Japan steel exec says China capacity cuts a ways off

    TOKYO -- China's production of steel products continues to outpace demand, with surplus goods pouring into markets across the globe and pushing down prices in the process. Kosei Shindo, president of Japan's top steelmaker, Nippon Steel & Sumitom

    July 22, 2014 07:00 pm JST
  • A new kind of 'great power relationship'? No thanks, Obama subtly tells China

    TOKYO -- While China traditionally attaches great importance to the concept of "saving face," a high-ranking member of its government recently seemed to make his U.S. counterpart lose face before a global audience. The occasion was the closing c

    July 22, 2014 07:00 pm JST
  • OCBC's Wing Hang Bank buy will hurt profitability: Macquarie

    SINGAPORE -- Oversea-Chinese Banking Corp.'s (OCBC) purchase of Wing Hang Bank of Hong Kong could cause "deteriorating profitability" at the Singaporean bank, according to a recent report by investment bank Macquarie, which said OCBC is stuck with h

    July 22, 2014 06:30 pm JST
  • Aviation Industry Corp of China issues 3 billion yuan bond: Dealogic

    Aviation Industry Corp. of China issued a 3 billion yuan bond last week via bookrunners Citic Group and China Minsheng Banking. (Click here for full StatShot report.)Click here for Asia M&A Scoreboard. (Dealogic)

    July 22, 2014 06:07 pm JST
  • Fortune 500 shows how badly corporate Japan lags West

    TOKYO -- In Fortune magazine's latest ranking of the world's top 500 companies by revenue, 57 Japanese businesses made the cut, five fewer than last year. In 2000, the figure exceeded 100, meaning over 20% of the companies in the global elite were J

    July 22, 2014 01:00 pm JST
  • Rising nationalism threatens Asia's economic interdependence

    BANGKOK -- Asia's rapid ascent has led many to dub this the "Asian century," but an intensifying cycle of nationalism is one of a number of issues the region must overcome to become a driver of the global economy.China at the centerChinese oil drill

    July 22, 2014 07:00 am JST
  • Taiwanese bicycle maker to step up pedaling in China

    TAIPEI -- One of Taiwan's leading bicycle manufacturers plans to open hundreds of new stores in China this fiscal year, seizing on growing demand for midrange models in the massive mainland market. Merida Industry's Chinese stores operate mainly

    July 22, 2014 04:28 am JST
  • Frederic Neumann: Developing Asia eyes boom in south-south funding sources

    The world's changing, again. For years, developing countries -- or, in today's parlance, "emerging and frontier markets" -- received the bulk of their external funding from multilateral agencies, such as the World Bank and the Asian Development Bank

    July 21, 2014 07:00 pm JST
  • Kobe Steel to boost output in Asia amid strong auto demand

    TOKYO -- Kobe Steel will raise wire production in Asia by about 10% as early as next year in response to moves by automakers to ramp up output in the region. The Japanese steelmaker plans to install equipment at Kobe Special Steel Wire Products

    July 21, 2014 01:56 am JST
  • Nissan launches electric car test in China

    TOKYO -- Nissan Motor has launched a demonstration test of its 300 electric vehicles in three Chinese cities ahead of the release of the EVs in China this autumn. Nissan aims to catch up with its European rivals in the Chinese market, where wors

    July 20, 2014 01:00 pm JST
  • Score one for China's Sany in dispute with Obama over wind projects

    BEIJING -- Chinese heavy machinery maker Sany Group's U.S. subsidiary has set a legal precedent that could have implications for other foreign-owned companies doing business stateside. The unit, Ralls, won a federal appeals court decision agains

    July 20, 2014 01:00 am JST
  • Temasek looks west as China investment cools

    SINGAPORE -- Slowing growth in its investment performance in emerging markets -- especially China -- is spurring Singaporean sovereign wealth fund Temasek Holdings to pump more money into the developed markets of North America and Europe, where it h

    July 19, 2014 01:00 pm JST
  • Shale gas boom squeezes petrochemical producers

    TOKYO -- Japanese petrochemical-related companies increasingly face the risk of losing their competitiveness as the U.S. shale gas boom changes the chemical and energy industry worldwide. One such business is Chuo Kagaku, a food container maker

    July 19, 2014 01:00 pm JST
  • Chinese yuan raising global profile

    HONG KONG -- Companies the world over are increasingly using China's currency to make settlements for trade and investment as they seek to hedge risk and do more business with the massive Chinese market. Yuan-denominated settlements as a proport

    July 19, 2014 04:24 am JST