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  • Duterte, Didi's Jean Liu make 'Time 100' list

    TOKYO -- The head of a Chinese mobile transportation platform that clocks 20 million rides a day and the founder of a digital currency service used by 200 million Indians were among those from Asia who landed on Time Magazine's "Time 100" list of th

    April 21, 2017 06:00 pm JST
  • Growth separating wheat from chaff in China consumer stocks

    HONG KONG-- There is a growing split in China's consumer stocks as people in the country grow richer.The winners are those selling high-end goods such as premium baijiu liquor and home appliances. Losers include low-end food processors, whose sales

    April 21, 2017 03:58 pm JST
  • China's TCL chairman complains of US protectionism over pending tech deal

    HONG KONG (Reuters) -- China's TCL Group on Friday said U.S. protectionism is the biggest hurdle to Chinese firms going global, and that the electronics maker had been told it may not win approval in its bid to buy a U.S. technology firm."We have an

    April 21, 2017 03:40 pm JST
  • G-20 reaffirms commitment on orderly currency movements

    WASHINGTON (Kyodo) -- Finance chiefs from the Group of 20 major economies on Thursday reaffirmed a G-20 commitment to orderly currency movements as a way to promote world economic growth and ensure stability in financial markets, according to Japane

    April 21, 2017 03:02 pm JST
  • Wall Street rebound on tax reforms lifts Hong Kong shares

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose as renewed hopes of U.S. tax reforms propped up indexes on Wall Street and boosted risk appetite.The Hang Seng Index was up 0.1% at 24,075.16 by midday after rising as much as 0.6% earlier. China P

    April 21, 2017 02:27 pm JST
  • Japan to relax visa requirements for Chinese visitors

    TOKYO -- Japan will ease visa requirements for Chinese travelers on May 8, the Foreign Ministry announced Friday.The government will introduce a three-year, multiple-entry visa that allows Chinese people with "sufficient financial capability" and th

    April 21, 2017 02:00 pm JST
  • Trump targets cheap Chinese steel in probe, rallying US steel stocks

    WASHINGTON (Reuters) -- President Donald Trump on Thursday launched a trade probe against China and other exporters of cheap steel into the U.S. market, raising the possibility of new tariffs and sending shares of some U.S. steel makers up over 8 pe

    April 21, 2017 09:54 am JST
  • Chinese auto brands moving up the ranks at home

    SHANGHAI -- State-owned Chinese automakers are working to develop more models under their own brands in an effort to prepare for intensifying competition in the world's largest auto market.Chongqing Changan Automobile unveiled a new sport utility ve

    April 21, 2017 07:54 am JST
  • LeTV spilled first post-listing red ink in 2016

    SHANGHAI -- Leshi Internet Information & Technology, or LeTV, reported Thursday a roughly 340 million yuan ($49.4 million) operating loss for the year ended December, sliding into the red for first time since the Chinese company's 2010 listing as he

    April 21, 2017 06:40 am JST
  • Renown to target youth with new low-price clothing brand

    TOKYO -- Japan's Renown will next spring launch a brand of affordable clothing in an effort to cultivate a younger customer base and bounce back from struggling department store sales.The apparel maker will release a rough outline of the brand as ea

    April 21, 2017 05:50 am JST
  • China eases overseas yuan remittance rules as outflow recedes

    SHANGHAI -- China has lifted a cap on overseas yuan transfers for banks in Beijing and Shanghai as capital outflows and the currency's depreciation have moderated, but what comes next remains anyone's guess.The People's Bank of China notified banks

    April 21, 2017 03:45 am JST
  • China successfully launches cargo spacecraft

    BEIJING -- China succeeded in putting a cargo spacecraft into orbit Thursday night to carry fuel and material to its space laboratory.The launch is another step for China toward its goal of establishing its own space station as it works to become th

    April 21, 2017 03:40 am JST
  • Beijing may cut crude oil to Pyongyang, says Chinese expert

    BEIJING -- China likely will halt crude oil exports to North Korea should Pyongyang conduct its sixth nuclear test, a prominent Chinese expert told The Nikkei, signaling a tougher attitude by Beijing toward its rogue neighbor.A nuclear test or the l

    April 21, 2017 02:00 am JST
  • Corporate China will always find a way to borrow

    HONG KONG -- Where there is a will there is a way. Cash-hungry Chinese companies apparently continue to leverage up despite Beijing's vow to rein in excessive credit growth and curb nonstandard lending amid increasing reported cases of bankruptcy.A

    April 20, 2017 11:00 pm JST
  • Paradise hopes Winter Olympics thaws South Korea-China ties

    INCHEON, South Korea -- Paradise Group Chairman Philip Chun said Thursday its newly opened integrated casino resort would be affected by political tensions between South Korea and China, but he hoped the 2018 PyeongChang Winter Olympics would help m

    April 20, 2017 10:18 pm JST
  • Gold price edges up to five-month high, widens spread between platinum

    TOKYO/HONG KONG -- Rising tensions over North Korea and Syria are pushing nervous investors to place their money in the safe haven of gold, lifting the price of the precious metal and widening the spread between it and platinum.Benchmark New York go

    April 20, 2017 08:30 pm JST
  • Chinese financial stocks hit hard by 'regulatory storm'

    HONG KONG -- Financial stocks are faring increasingly worse on Chinese stock markets due to a wave of stricter regulations by banking, securities and insurance authorities.Investors fret that a tighter grip, including curbs on high-risk trading, wou

    April 20, 2017 06:38 pm JST
  • Interview

    Fanuc chairman sees great potential in China

    BEIJING -- Japanese machine tool makers are battling for attention in areas such as integrating robots with the internet of things at the 15th China International Machine Tool Show, which kicked off on Monday in Beijing.Yoshiharu Inaba, chairman and

    April 20, 2017 05:00 pm JST
  • China tax cuts end Hong Kong share losses

    HONG KONG (Nikkei Markets) -- Hong Kong stocks headed for their first gains in four days after China announced fresh tax cuts, with traders saying that current global uncertainty had already been priced in.The Hang Seng Index rose 0.4% to 23,921.39

    April 20, 2017 02:50 pm JST
  • Asian startups step out of Silicon Valley's shadow

    TOKYO/JAKARTA -- Nur Dwi Sasi's daily commute to her workplace in South Jakarta used to be a daunting task. The 47-year-old office worker had to walk in the scorching heat to catch a jam-packed minibus before changing to another, equally crowded bus

    April 20, 2017 12:00 pm JST