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  • Microinsurance closes gaps in social safety nets

    TOKYO "I was very worried [about the hospital bill] because my father was in [intensive care] for a long time," said Sheryl Tan, recalling the two painful months leading up to her father's death last year. "So I was relieved when I heard that Medi

    March 23, 2017 10:00 am JST
  • Tillerson sets the tone for Trump in Asia

    BEIJING U.S. Secretary of State Rex Tillerson used his first official tour of Asia to reassure allies and open the door to constructive relations with China. And just as the secretary wrapped up the trip, North Korean leader Kim Jong Un issued yet a

    March 23, 2017 10:00 am JST
  • Trump prevails as the G-20 softens its language

    BADEN-BADEN, Germany Finance chiefs from the Group of 20 nations reaffirmed exchange rate commitments and vows to "refrain from competitive devaluations" at their mid-March meeting in Baden-Baden, Germany. Under pressure from the U.S., however, repr

    March 23, 2017 10:00 am JST
  • Richard McGregor: Trump plays into Beijing's hands

    Just before traveling to Washington to meet U.S. President Donald Trump on March 17, Angela Merkel, the German chancellor, took a call from Chinese President Xi Jinping, in which the two leaders discussed their support for "free trade and open marke

    March 23, 2017 10:00 am JST
  • The king gives Saudi Arabia's reform push a helping hand

    TOKYO In his monthlong tour of Asia, Saudi Arabian King Salman bin Abdulaziz succeeded in drumming up significant support for "Vision 2030," the road map for reforming the kingdom's economy and ending its dependence on oil exports by the year 2030.

    March 23, 2017 10:00 am JST
  • China's Li tries to avoid rocking the boat with Washington

    BEIJING If Premier Li Keqiang's measured tone on U.S. relations is anything to go by, China would prefer to avoid friction ahead of its leadership reshuffle this autumn."China-U.S. relations have been going forward in spite of twists and turns in th

    March 23, 2017 10:00 am JST
  • Two rising business stars in China discuss their future hopes

    BEIJING At China's National People's Congress, which concluded on March 15 in Beijing, there were many calls to maintain economic growth through structural reforms.The Chinese consumer market is changing rapidly. With the rise of the internet and sh

    March 23, 2017 10:00 am JST
  • China's ZTE Corp pleads guilty in U.S. court in sanctions case

    NEW YORK (Reuters) -- Chinese telecom equipment maker ZTE Corp on Wednesday pleaded guilty in U.S. federal court in Texas for conspiring to violate U.S. sanctions by illegally shipping U.S. goods and technology to Iran.The guilty plea was part of an

    March 23, 2017 08:27 am JST
  • Business Insight

    Disney chooses its battles in Malaysia and China

    Walt Disney's "Beauty and the Beast" missed its original opening date in Malaysia due to the company's refusal to accept cuts by state censors involving a gay character. But the movie opened on time and in a big way in China, in complete, unedited f

    March 23, 2017 08:05 am JST
  • Chinese industrial consolidation kicks into high gear

    BEIJING -- The number of key state-owned companies is likely to fall to roughly half the 2003 levels by the end of this year, as the Chinese government accelerates consolidation of such entities in pursuit of larger slices of overseas markets.Nuclea

    March 23, 2017 04:45 am JST
  • Saudi Arabia cedes crown as top oil exporter in key markets

    TOKYO -- Saudi Arabia lost its spot as the biggest supplier of crude oil to China and India in 2016 as stiff price competition from Russia and Iraq cut into its market share.Saudi export volume to the top 10 markets reached 7.61 million barrels a da

    March 23, 2017 02:30 am JST
  • Tencent hits record profit, sales as user base expands

    HONG KONG -- Tencent Holdings' net profit surged 43% in 2016 thanks to steep user growth for the WeChat platform and a corresponding upswing in gaming revenue.The Chinese internet services giant on Wednesday reported 41 billion yuan ($5.96 billion)

    March 23, 2017 02:00 am JST
  • Daiwa Securities readies Chinese investment fund

    TOKYO -- Daiwa Securities Group will establish an investment fund with government and private enterprises in China, a partnership meant to improve the value of Chinese businesses and help Japanese companies expand into the country.The investment fun

    March 23, 2017 02:00 am JST
  • China's Geely keen to bring its cars to the West

    HONG KONG -- For China's homegrown automobile brands, the main battleground has thus far been the vast domestic arena, the world's largest market by a wide margin. While these carmakers have purchased foreign brands to expand their global reach, the

    March 23, 2017 12:23 am JST
  • Developers still splurge on land despite China property curbs

    HONG KONG -- State-owned developers have turned more cautious about upcoming home sales than their peers in the private sector, after stricter purchasing and loan curbs were rolled out in Beijing and provincial cities in recent days. But the overrid

    March 23, 2017 12:00 am JST
  • The king gives Saudi Arabia's reform push a helping hand

    TOKYO -- In his monthlong tour of Asia, Saudi Arabian King Salman bin Abdulaziz succeeded in drumming up significant support for "Vision 2030," the road map for reforming the kingdom's economy and ending its dependence on oil exports by the year 203

    March 22, 2017 07:20 pm JST
  • Tencent Holdings 2016 net profit up 43%

    HONG KONG (Dow Jones) -- Tencent Holdings Ltd. reported a 43% rise in 2016 net profit, thanks to solid revenue growth in mobile games and advertising, highlighting the Chinese internet giant's resilience even as China's economy slows.Tencent, China'

    March 22, 2017 07:13 pm JST
  • Coking coal prices recover on China output cuts

    TOKYO -- Prices of coking coal -- a key input for the production of steel -- have stopped falling amid speculation that Chinese production cuts will ease the supply glut.On March 6, China's National Development and Reform Commission, an agency overs

    March 22, 2017 05:50 pm JST
  • K. Wah International lays out investment plans

    HONG KONG -- A real estate and gambling tycoon here is in high spirits.Lui Che Woo, chairman of property developer K. Wah International Holdings, said on Tuesday that his company will invest more in Hong Kong as well as in major mainland Chinese cit

    March 22, 2017 02:25 pm JST
  • Hong Kong shares slump most this year after tumble on Wall Street

    HONG KONG (NewsRise) -- Hong Kong shares headed for their worst loss since mid-December as doubts clouding U.S. President Donald Trump's economic policies sparked sharp losses on Wall Street.The Hang Seng Index skidded 1.4% to 24,251.14 by midday, s

    March 22, 2017 02:18 pm JST