Search results

Results 1 - 20 of 961
  • Recyclers eye Southeast Asia's rising piles of junked cars

    HANOI -- The motorization of Southeast Asia is clogging the streets with more cars and filling the air with more exhaust. But there is also another problem looming in the form of illegally junked cars and car parts. Roughly 1 million cars will b

    October 31, 2014 04:52 am JST
  • Palm oil helps Astra's troubled auto business

    JAKARTA -- Astra International, Indonesia's largest distributor of cars and motorcycles, has offset shortfalls in its core automotive business with strong performances in its palm oil and coal units. "Discounting in the car market continues to h

    October 31, 2014 01:11 am JST
  • Impending Indonesian fuel hike already depressing the market

    JAKARTA -- Investors in Indonesia are girding themselves for an upcoming fuel price hike that is expected to dent consumer demand in the short term as a long-standing economic distortion caused by energy subsidies is corrected. Shares of major c

    October 30, 2014 10:20 pm JST
  • Once-bankrupt Japanese movie studio revives with Asian market's help

    TOKYO -- Japanese movie studio Nikkatsu is performing a comeback drama in the Asian theater. Nikkatsu once thrived thanks to a series of blockbuster films, including "Taiyo no Kisetsu" ("Season of the Sun"), in which legendary Japanese actor Yuj

    October 30, 2014 07:00 pm JST
  • Ex-Asean head warns of 'slow' economic integration

    BANGKOK -- Progress toward economic integration of the Association of Southeast Asian Nations will likely be slow due to a lack of strong leadership, according to Surin Pitsuwan, former secretary general of Asean and one of the architects of its pla

    October 30, 2014 01:00 pm JST
  • Indonesian power project on hold as opponents dig in their heels

    Plans by government and businesses in Indonesia and Japan to build a large coal-fired power plant on the island of Java have hit a roadblock amid protests by residents and environmentalists. "I don't want to sell this land even if they offer mor

    October 30, 2014 05:55 am JST
  • Singapore Airlines charts new course for cash-burning Tigerair

    SINGAPORE -- Singapore Airlines is coming to the rescue of its Tiger Airways unit, a low-cost carrier scarred by competition in one of the world's toughest short-haul markets: Southeast Asia. Singapore-based Tigerair has been turning tail after

    October 30, 2014 02:18 am JST
  • Indonesia also in Son's sights

    JAKARTA -- Fueled by recent success stories in China and India, hopes are rising for a big investor payoff in Indonesia as well. The latest bet comes from SoftBank, the Japanese Internet giant, which has said it will lead a $100 million investment i

    October 30, 2014 12:00 am JST
  • Australia wheat attracts Asian investment

    SYDNEY/JAKARTA -- Japanese trading houses are expanding exports of wheat from Australia to Southeast Asia, where demand for the grain is increasing. Mitsubishi Corp. in July acquired 80% of shares in Olam Grains Australia, which holds a 32.5% s

    October 30, 2014 12:00 am JST
  • Nurturing orchestral youth

    TOKYO -- Japanese conductors are investing time and energy in orchestras in Myanmar, Vietnam, Indonesia and across the region. The goal is to help make classical music more popular. Conductor Yunosuke Yamamoto gives lessons to Myanmar's Yangon-b

    October 30, 2014 12:00 am JST
  • Daniel Twining: Upending the new global order

    The world has a new G-7. The Group of Seven once comprised the world's leading industrialized economies -- in North America, Europe and Japan. Now, the International Monetary Fund calculates the combined gross domestic product of the seven biggest e

    October 30, 2014 12:00 am JST
  • Japanese tech breathing new life into coal

    TOKYO -- Two Japanese companies are helping their counterparts in Asia find ways to put the region's abundant but low-quality coal to use as both a fertilizer and energy source. Heavy equipment maker IHI is building a test plant in Indonesia and

    October 30, 2014 12:00 am JST
  • Currencies of emerging economies face uncertain future

    Speculators are becoming cautious about buying high-yield, emerging-market currencies as the U.S. prepares to end its quantitative easing program. Buying of these currencies, which had been popular among individual investors in the rich world, a

    October 30, 2014 12:00 am JST
  • Indonesia's new cabinet gets down to work

    JAKARTA -- Indonesian President Joko Widodo on Oct. 26 unveiled his cabinet, a group widely seen as clean and capable. With his team in place, the new president can now set about realizing Widodo's vision for the next five years. The new leaders

    October 30, 2014 12:00 am JST
  • New development bank marks China's rising ambitions

    BEIJING/MANILA -- The Oct. 24 agreement to form a China-led development bank was a result of Beijing's push for more influence in the international financial order and its bid to secure more resources. Twenty-one nations, including China, India

    October 30, 2014 12:00 am JST
  • Indonesia's motorcycle show overshadowed by looming fuel hike

    JAKARTA -- Indonesia's biggest motorcycle exhibition opened in Jakarta Wednesday, testing consumer confidence in the world's third largest market for motorcycles as the country confronts fuel hikes and an economic slowdown. The Indonesian Motorcyc

    October 29, 2014 11:42 pm JST
  • Indonesia's new cabinet ready to get to work

    JAKARTA -- Indonesia President Joko Widodo unveiled his cabinet on Sunday, and the overwhelming impression is that it is a club of the most able and incorruptible. With this team, the new president can now get to work on his vision for the next five

    October 28, 2014 07:00 pm JST
  • Benn Steil: How the Fed roils emerging markets

    In April 2013, Ukraine was carrying a massive current-account deficit of 8%, and was desperate for dollars to pay for vital imports. Yet on April 10, then-President Viktor Yanukovych's government rejected terms set by the International Monetary Fund

    October 28, 2014 07:00 pm JST
  • Big shopping malls taking root in Asia's suburbs

    TOKYO -- In a reflection of rising car ownership, large suburban-style shopping malls are popping up in China and Southeast Asia, with Japanese companies among the builders. Japanese real estate giant Mitsui Fudosan will invest roughly 1.8 billi

    October 28, 2014 06:45 am JST
  • New cabinet shows Indonesia's corporate links to Japan

    JAKARTA -- Having worked his way up through local politics, Indonesia's new president still needs to make connections on the world stage. But Joko "Jokowi" Widodo's cabinet holds a number of familiar faces for Japanese industry. Vice President J

    October 28, 2014 05:25 am JST