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  • Water crisis looming for China's cities

    DALIAN, China -- Water shortages in China's major cities are becoming as acute as those in the Middle East. Growing demand from manufacturing plants in the water-poor country is partly to blame for the problem, as is the rapid rise of car washes

    January 17, 2014 01:00 pm JST
  • London's zero-emission taxi plan good news for Nissan

    LONDON -- London Mayor Boris Johnson said Thursday that all new London taxis presented for licensing will have to operate in zero-emission mode in the city starting in 2018. The move will likely create a new business opportunity for Nissan Motor and

    January 17, 2014 12:25 pm JST
  • Dirty air delays business conference in China

    DALIAN, China -- Dense smog forced a plane carrying South Korean executives to an international convention here to turn back Thursday as air pollution blanketed the northern part of the country. In Beijing, the fine airborne particulate matter k

    January 17, 2014 05:09 am JST
  • China's steaming-hot coffee market drawing global chains

    BEIJING -- For centuries, tea has been China's national drink. But people there are fast acquiring a taste for another caffeine-rich beverage: coffee. Thanks to the rising popularity of the brown ambrosia and the cafes serving it, China's c

    January 16, 2014 07:00 pm JST
  • Chinese market puts Tobin tax rumor to test

    HONG KONG -- Amid the yuan's continuing rise, comments by Chinese financial authorities regarding a tax on international financial transactions are rippling through the market. With the Communist Party of China confirming its policy to liberalize th

    January 16, 2014 07:00 pm JST
  • Chinese smartphone makers target global market share

    LAS VEGAS -- Smartphone makers are competing for global market share. Sony of Japan drew up a plan to double its sales volume in 2015 from what it was 2013, in a bid to win the third largest share. Meanwhile, two major Chinese companies -- Huawei Te

    January 16, 2014 01:00 pm JST
  • Lending in China hits record as shadow banking spreads

    BEIJING -- Aggregate financing in China reached an all-time high last year, largely due to an increase in shadow banking, or financial transactions that circumvent banks, according to data the country's central bank released Wednesday. Total fin

    January 16, 2014 07:00 am JST
  • Gold fighting heavy resistance amid Fed taper talk

    TOKYO -- Gold's ascent in the international market has been sluggish, with even a recent uptick quickly reversed on the suggestion that the U.S. Federal Reserve will pull back further on its quantitative easing program. The most active gold futu

    January 16, 2014 05:05 am JST
  • The paradox of America's fading empire

    The most important event of 2013 was the change in the relationship between the U.S. and Iran (through the nuclear talks). I have always said that a new kind of civil society has emerged in Iran, so there is nothing new as far as that country is con

    January 16, 2014 12:00 am JST
  • Blooming power of flowers

    TOKYO -- Shogo Kariyazaki, a Japanese ikebana flower arrangement artist, held an exhibition of his works in Bangkok in December. It was his first full-scale exhibition in Asia outside Japan, though he has had several opportunities to exhibit his wor

    January 16, 2014 12:00 am JST
  • China's 'Kim problem' and Northeast Asia's turning point

    Beijing's widening rift with fellow communist state North Korea -- once a steadfast ally -- is creating an important diplomatic opening for the U.S. and Japan, besides presenting China in an unflattering light as a lonely rising power with no real a

    January 16, 2014 12:00 am JST
  • Asian currencies up, down, all around

    TOKYO -- Currencies of some emerging economies in Asia are weakening due to political turmoil and other factors, while those of countries with large current-account surpluses are performing better. The Thai baht is being weighed down by the polit

    January 16, 2014 12:00 am JST
  • Online sales shaking up Chinese fund market

    HONG KONG -- China's largest mutual fund is not only new -- just seven months old -- it is not even available through banks, the usual place Chinese go for investment products. Welcome to the power of the Internet. Available only online, Yu'E Ba

    January 16, 2014 12:00 am JST
  • Gold's X factor: China's appetite

    TOKYO -- Gold market players are monitoring demand in China to determine whether a massive West-to-East transfer of the metal will continue unabated. Gold prices opened higher in New York and Tokyo on the first trading day of 2014. But at around

    January 16, 2014 12:00 am JST
  • Cambodia's wage war puts clothing companies on the defensive

    PHNOM PENH -- An eerie silence descended over this ramshackle industrial park on the fringes of the Cambodian capital after police fired on striking garment workers on Jan. 3, killing at least four and injuring dozens more. The deadly assault brough

    January 16, 2014 12:00 am JST
  • China's electronics makers turn on the charm for US market

    LAS VEGAS -- Chinese electronics companies are determined to win over more North American consumers. Under the watchful eye of the U.S. government, which considers Chinese technology a potential national security threat, the manufacturers are doing

    January 16, 2014 12:00 am JST
  • Electronics firms bet on wearable devices as next big thing

    LAS VEGAS -- Move over smartphones. The world's consumer electronics companies have begun competing to be at the vanguard of what they hope will be the next big thing: wearable devices. The annual Consumer Electronics Show kicked off here on Jan

    January 16, 2014 12:00 am JST
  • Where to?

    Property bubbles, regional trade tie-ups, territorial disputes -- Asian countries face these challenges and more this year. Wage-hike pressures continue to mount, and the dreaded "middle-income trap" is beginning to ensnare many countries. India and

    January 16, 2014 12:00 am JST
  • Solo act

    BEIJING -- One year after taking the helm of the Communist Party, Xi Jinping made a speech that left little doubt about the scope of his ambitions. Addressing senior officials at the Third Plenary Session of the party's Central Committee last Novemb

    January 16, 2014 12:00 am JST
  • Seeing double

    BEIJING -- The Chinese leadership under President Xi Jinping is nothing if not ambitious. It aims to double the country's gross domestic product and people's incomes from their 2010 levels by 2020. This is a tall order, and stable, sustainable ec

    January 16, 2014 12:00 am JST