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  • Asian methanol prices near 7-month lows

    TOKYO -- Prices for methanol, a basic chemical used to produce synthetic resins and adhesives, have declined in Asia as Southeast Asian supplies rebound and Chinese demand slumps. The spot price of methanol shipped to China, the main market, has

    March 18, 2014 11:50 pm JST
  • Japanese companies turn water into yen overseas

    TOKYO -- From Asia to the Middle East, Japanese companies are moving into markets where water demand is surging. Last month, Hitachi started building a large water desalination plant at the mouth of the Shatt-al-Arab river in Basra, Iraq's secon

    March 17, 2014 01:00 pm JST
  • Malaysia drawing fire as missing-jet mystery drags on

    KUALA LUMPUR -- The Malaysian government is enduring a barrage of criticism from exasperated families and journalists for delayed information disclosure and conflicting reports as the drawn-out search for a missing passenger jet continues. The B

    March 14, 2014 05:41 am JST
  • Millions join crowdsourcing search for missing plane

    SILICON VALLEY -- At least 2 million people have joined a crowdsourcing effort to scour satellite images for clues in the search for the missing Malaysia Airlines plane. The effort is taking place on a website operated by DigitalGlobe, a U.S. co

    March 14, 2014 04:27 am JST
  • Aeon to double Asian spending in next 3 years

    TOKYO -- Japan's Aeon aims to invest nearly 400 billion yen ($3.85 billion) in Asia from fiscal 2014 to fiscal 2016, doubling its previous three-year spending plan in a bid to capture a chunk of the region's 1-billion-strong middle-class market.

    March 14, 2014 04:06 am JST
  • ASIA'S NEXT VANGUARD 2014: Samsung: The son also rises

    SEOUL -- Lee Jae-yong is all but guaranteed to lead Samsung Electronics into the future. His father, Lee Kun-hee, heads the Samsung group of South Korea and is the owner-chairman of Samsung Electronics. He has run the company with an iron fist b

    March 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Ho bets on 'eternal' Chinese consumption

    SINGAPORE -- Ho Kwon Ping, executive chairman of Banyan Tree Holdings, an operator of upscale hotels and resorts based out of Singapore, is banking on China. He expects the Chinese government will move to bolster personal spending. Banyan Tree i

    March 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Thailand's 'Whiskey King' gives regional expansion a shot

    BANGKOK -- Charoen Sirivadhanabhakdi, chairman of Thai Charoen Corp. Group, a major conglomerate with Thai Beverage at its core, is widely known at home as the "Whiskey King." He has his eyes on a wider share of the Association of Southeast Asia

    March 13, 2014 12:00 am JST
  • Missing plane adds to worries of struggling Malaysia Airlines

    TOKYO -- As the search continued for the Malaysia Airlines passenger jet, its mysterious disappearance cast a shadow on a carrier that has already had its share of troubles. The incident comes as established players in the Southeast Asian nation

    March 13, 2014 12:00 am JST
  • Malaysian aircraft's disappearance remains a mystery

    KUALA LUMPUR -- Concerted international efforts have yet to unravel what Malaysian authorities are calling an "unprecedented" aviation mystery: the sudden disappearance of a Beijing-bound Malaysia Airlines flight. Flight MH370, a Boeing 777-200,

    March 13, 2014 12:00 am JST
  • Toyota Tsusho makes bid for Malaysia's top can maker

    TOKYO -- Toyota Tsusho has offered to buy a majority stake in Malaysia's Kian Joo Can Factory, a move that would expand the Japanese trading house's consumer products business in Southeast Asia. Nagoya-based Toyota Tsusho is seeking 51% of the c

    March 12, 2014 11:47 pm JST
  • Japanese IT firms seizing on Southeast Asian demand

    TOKYO -- Leading Japanese information technology companies aim to meet the rapidly growing demand for information systems in Southeast Asia by readying a number of relatively inexpensive products and services. The firms, which are competing with

    March 12, 2014 05:07 am JST
  • Stolen passports likely not linked to terrorists: Malaysian police

    KUALA LUMPUR -- A 19-year-old Iranian who used a stolen passport to board the now-missing Malaysia Airlines flight has no apparent ties to terrorist organizations, according to Malaysian police. Pouria Mehrdad underwent departure screening Frida

    March 12, 2014 04:02 am JST
  • Clues elusive in disappearance of Malaysian jet

    KUALA LUMPUR -- Three days after a Malaysia Airlines passenger jet vanished from radar screens on its way from here to Beijing, large-scale search-and-rescue efforts have uncovered few clues to what a top Malaysian aviation official calls an unprece

    March 11, 2014 04:43 am JST
  • Missing plane adds to worries of struggling Malaysia Airlines

    TOKYO -- As the search continued Monday for a Malaysia Airlines passenger jet, the mysterious disappearance cast a shadow on a carrier that has already had its share of troubles. Flight 370 took off from Kuala Lumpur with 239 passengers and crew

    March 11, 2014 01:45 am JST
  • Investing in Southeast Asia gets riskier

    TOKYO -- Rising costs in Southeast Asia have made the region's business investment environment more challenging. Sitting on the terrace of his mansion in Singapore, Jim Rogers speaks on Yoma Strategic Holdings, a Myanmar property developer. The

    March 10, 2014 07:00 pm JST
  • Global community springs into action on missing Malaysian jet

    BEIJING/WASHINGTON -- China has sent naval vessels to the area where the Beijing-bound Malaysia Airlines jet fell off the radar, while U.S. authorities have offered their help in the investigation. According to China's Xinhua News Agency, the Ch

    March 10, 2014 03:23 am JST
  • Woody Epstein: Probabilities and possibilities

    We have more than our share of extreme natural disasters in Asia. Earthquakes and tsunamis, volcanic eruptions and typhoons. The severity and costs are impossible to predict. Drawing up effective emergency plans is a Sisyphean task. How should w

    March 7, 2014 03:30 pm JST
  • Japan to help Southeast Asia set up oil reserves

    TOKYO -- The Japanese government will assist Southeast Asian countries in establishing strategic petroleum reserves, an initiative aimed at reducing the risks of supply disruptions and stabilizing prices. The Ministry of Economy, Trade and Indus

    March 7, 2014 04:05 am JST
  • Probabilities and possibilities

    We have more than our share of extreme natural disasters in Asia. Earthquakes and tsunamis, volcanic eruptions and typhoons. The severity and costs are impossible to predict. Drawing up effective emergency plans is a Sisyphean task. How should w

    March 6, 2014 12:00 am JST