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  • Multinationals in Asia

    Expedia plays the Asian card

    SINGAPORE -- Dressed casually in a pair of jeans and black jacket, Dara Khosrowshahi spoke with a friendly smile, but with determination in his eyes. "The U.S. used to be the driver of our global strategy and other areas would follow. But Asia is no

    June 18, 2017 12:00 pm JST
  • China telling companies not to hire North Koreans

    BEIJING -- China is informally telling some domestic businesses to stop hiring North Koreans, a diplomatic source said on Saturday.The whisper campaign is apparently a form of economic sanction as North Korea plows ahead with its ballistic missile d

    June 18, 2017 02:00 am JST
  • AIIB chief tries to distance bank from Xi Jinping

    JEJU, South Korea -- The head of the Asian Infrastructure Investment Bank on Saturday tried to calm worries that the lender will end up acting as an agent in Beijing's ambitious "belt and road" initiative.Jin Liqun said the Beijing-based multination

    June 17, 2017 10:17 pm JST
  • Chinese retail investors chase 'white horses'

    HONG KONG -- Chinese retail investors are starting to put more emphasis on fundamentals, such as sustainable earnings growth and high dividends, than on short-term profits.Stocks are often likened to horses by investors in Chinese markets; newly lis

    June 17, 2017 02:04 pm JST
  • Jonathan Hillman

    Infrastructure boom offers fresh start on Asian road safety

    It might be the world's deadliest, least known conflict. The latest available figures from the World Health Organization show that road accidents claimed at least 1.25 million lives in 2013, more than twice the death toll from the war in Syria. Nor

    June 17, 2017 09:00 am JST
  • China's Mobike sharing service rolls into Japan

    SHANGHAI -- A fast-growing Chinese bicycle-sharing startup looks to debut in Japan next month, with plans to operate in roughly 10 major cities by the end of the year in cooperation with local governments.Mobike launched its service just last year i

    June 17, 2017 05:37 am JST
  • Horiba to support development of self-driving vehicles

    KYOTO, Japan -- Horiba is broadening its services to automakers to include support for the development of self-driving vehicles.The Japanese manufacturer of precision instruments for measurement and analysis intends to offer test-driving services to

    June 17, 2017 04:52 am JST
  • China goes on shopping spree for industrial robots

    TOKYO -- Chinese factories are eagerly enlisting robots to address worker shortages and automation needs, prompting Japanese manufacturers to scramble to boost output.Robots made by Kawasaki Heavy Industries are busy rapidly working metal at a facto

    June 17, 2017 04:25 am JST
  • Weak Chinese data puts dent in metals

    TOKYO -- Worries about the direction of the Chinese economy are rippling into commodity markets, knocking copper, zinc and other industrial and construction metals off of recent highs.Of particular note has been copper, demand for which is highly se

    June 17, 2017 03:17 am JST
  • Shanghai Disneyland may face sophomore slump after solid start

    SHANGHAI -- Shanghai Disneyland's 11 million visitors in its initial year surpassed its target by 10% and answered doubts that high ticket prices would keep people away.The real test for the amusement park, however, will be how it performs in its se

    June 17, 2017 01:46 am JST
  • AIIB adds members, approves new lending at annual meeting

    JEJU, South Korea/BEIJING -- The Chinese-led Asian Infrastructure Investment Bank admitted three new members Friday at the institution's second annual meeting, lifting its roster to 80 even as the bank continues its cautious approach in deploying it

    June 17, 2017 01:31 am JST
  • Chongqing and its Japanese businesses thrive

    CHONGQING -- Some 150 Japanese companies are helping to make this sprawling municipality into a model economy. It is located in the southwestern part of the country, far from the coastal cities that generate so much wealth. Yet it has escaped the ec

    June 16, 2017 07:09 pm JST
  • O'Brien and Gruetzner

    Cyber law creates hurdle to Chinese internet companies' growth

    China's leading domestic internet companies should be taking umbrage at Beijing's new cybersecurity law, which will further isolate the domestic internet from the rest of the world. The biggest impact will be felt by companies such as Tencent Holdin

    June 16, 2017 06:00 pm JST
  • Takata turnaround plan buoys Ningbo Joyson stock

    HONG KONG -- Shares in Chinese auto components supplier Ningbo Joyson Electronic jumped on Friday, following reports that its U.S. subsidiary will likely sponsor the rehabilitation of troubled Japanese air bag maker Takata.The stock hit a high of 31

    June 16, 2017 04:59 pm JST
  • Hong Kong shares rise on financials with Fed in the rearview mirror

    HONG KONG (Nikkei Markets) -- Hong Kong shares rebounded from a three-week low, with banks and insurance companies recouping some of the previous day's losses that came after the U.S. Federal Reserve signaled another rate hike before the end of this

    June 16, 2017 03:24 pm JST
  • Chinese start-up Mobike gains $600 mln in biggest financing round to date

    BEIJING (Reuters) -- Chinese bike-sharing start-up Mobike said it has raised $600 million in a financing round led by Tencent Holdings Ltd, its biggest financing round to date as it seeks to expand aggressively.With the latest injection the firm, wh

    June 16, 2017 02:38 pm JST
  • Andrew Cainey

    Building on the AIIB's quick start

    As members of the Asian Infrastructure Investment Bank hold their second annual meeting on the South Korean island of Jeju, they can take comfort that the new lender is in good shape both substantively and reputationally. It has received plaudits fo

    June 16, 2017 12:00 pm JST
  • UN launches second round of nuclear ban talks

    UNITED NATIONS -- Delegates from more than 80 countries kicked off a second and possibly final round of negotiations Thursday on an international treaty to ban nuclear weapons, seeking to adopt a final text by the July 7 end of the conference."As we

    June 16, 2017 05:30 am JST
  • Hyundai partners with Baidu in car navigation system

    SEOUL -- Hyundai Motor will debut a voice-guided car navigation system developed with Chinese internet giant Baidu by the end of the year, hoping to revive sales as it grapples with South Korean boycotts in China.Navigation systems equipped in Hyund

    June 16, 2017 02:23 am JST
  • Cosmetics chain Sa Sa needs to defend itself from THAAD

    HONG KONG -- Leaders of businesses that have interests in China generally do not like to talk politics but the chairman of Hong Kong cosmetics chain Sa Sa International is an exception. He said Thursday that China's tighter border security and Beiji

    June 16, 2017 12:05 am JST