Search results

Results 1 - 20 of 2078
  • Ivy League controversy

    Asian-Americans call for fairer college admissions system

    NEW YORK -- Elite U.S. universities continue to face claims that they discriminate against Asian-American applicants. In September, the Asian-American Coalition for Education requested an investigation into why Harvard University rejected an Asi

    October 10, 2015 01:00 pm JST
  • Indonesian transport

    Taxi operator needs a lift after buyout nixed

    JAKARTA -- Blaming "volatile market conditions," Indonesian investment company Saratoga Investama Sedaya said on Friday that it is canceling plans to buy Express Transindo Utama (ETU), the country's second-largest taxi operator. The announcement

    October 10, 2015 01:08 am JST
  • From sadness to wow

    Facebook launches reaction buttons beyond like

    SAN FRANCISCO (Reuters) -- Like it or not, Facebook Inc's trademark "like" button is set to get more expressive. Users will soon be able to do more than "like" posts. They will be able to love them and express sympathy, anger or sadness with ani

    October 9, 2015 09:06 am JST
  • World-wide PC shipments continue to slump

    World-wide personal computer shipments dropped in the September quarter as PC makers didn't receive much of a boost from Microsoft Corp.'s new operating system, Windows 10, according to a pair of data trackers Thursday. International Data Corp.

    October 9, 2015 08:57 am JST
  • Indonesia stimulus

    Energy price cuts lift shares

    JAKARTA - The Indonesian government's decision to cut key energy prices in its latest economic stimulus package briefly lifted investor sentiment on Thursday The Jakarta Composite Index rose more than 1% in early trading before paring most of th

    October 8, 2015 06:39 pm JST
  • TPP

    Deal signals emergence of a new global order

    ATLANTA -- Akira Amari, Japan's economy minister, was fuming. "This is no time for playing games," he told U.S. Trade Representative Michael Froman. "We must make the greatest possible concessions to sort out our differences. Otherwise, we'll ne

    October 8, 2015 12:00 am JST
  • Peter Tasker: Busted: How much further can commodities fall?

    Peak oil, peak commodities, the planet running out of food and natural resources ... It was only a few years ago that scary scenarios evoking the post-apocalyptic movie "Mad Max" were taken quite seriously in financial markets. Now the world is conf

    October 8, 2015 12:00 am JST
  • Japan's universities pitch in to help Asia tackle climate change

    TOKYO -- Japanese universities are supporting Asian countries, whose economies have grown in recent years, in their fight against global warming. Asia accounts for more than 40% of global greenhouse gas emissions. The ratio is projected to incre

    October 8, 2015 12:00 am JST
  • CEO in the news: Garuda's Arif gets rapid results from quick decisions

    JAKARTA -- When it comes to business, Indonesia is known for its slow way of doing things. But Arif Wibowo, Garuda Indonesia's chief executive, had no time to waste in turning around the troubled flag carrier. Now, less than a year since he took the

    October 8, 2015 12:00 am JST
  • Agreed at last

    It took more than five years of negotiations and concessions all around, but a basic agreement on the Trans-Pacific Partnership has been reached. This brings the creation of the world's largest free trade zone one step closer. The 12 TPP members

    October 8, 2015 12:00 am JST
  • TPP signals emergence of a new global order

    ATLANTA -- Akira Amari, Japan's economy minister, was fuming. "This is no time for playing games," he told U.S. Trade Representative Michael Froman. "We must make the greatest possible concessions to sort out our differences. Otherwise, we'll ne

    October 8, 2015 12:00 am JST
  • Patrick Pouyanne interview

    Total CEO eyes cutting costs, continuing Yamal LNG project

    PARIS -- Patrick Pouyanne, CEO of major French oil company Total, said in an interview with The Nikkei that his company is discussing with Japanese financial institutions how to raise funds for its Yamal liquefied natural gas project in northwestern

    October 7, 2015 11:00 pm JST
  • Indonesia transport

    Wijaya Karya leads high-speed rail venture

    JAKARTA -- Indonesia's state-owned construction company Wijaya Karya, or Wika, is entering a joint venture with three other state enterprises and a consortium from China to build the country's first high-speed railway. Bidding on the 140km rail

    October 7, 2015 10:00 pm JST
  • Venture capital

    Asian startups got more than $10 billion in April-June quarter

    SINGAPORE -- Asian venture capital-backed companies enjoyed 45% year-on-year growth in capital received during the second quarter of 2015, bringing in more than $10 billion in investments, according to a recent report by KPMG, an audit, tax and advi

    October 7, 2015 11:25 am JST
  • Nikkei PMI

    Software and services rises highest in September

    HONG KONG -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for September showed increased business activity in 10 out of the 19 industries monitored. The software and services sector saw the sharpest output growth in all industries,

    October 7, 2015 11:00 am JST
  • Indonesia markets

    Currency, stocks rise as U.S. Fed holds off

    JAKARTA -- Indonesia's troubled currency and stock markets rose sharply on Tuesday as speculation rose that the U.S. Federal Reserve will leave interest rates unchanged for the rest of the year. The rupiah strengthened by nearly 2% on Tuesday to

    October 6, 2015 10:15 pm JST
  • Graduating from OEM

    Southeast Asian bicycle brands gaining foothold in Western markets

    TOKYO/FRANKFURT -- Southeast Asia's sports bicycle brands are making inroads into developed markets. While Thailand's largest bicycle manufacturer, LA Bicycle, plans to export upscale models to Europe, Indonesia's major bicycle maker Insera Sena is

    October 6, 2015 07:00 pm JST
  • World Bank report

    Developing Asia growth to slow to 6.5% as China chill settles in

    SINGAPORE -- The World Bank expects the slowdown of the Chinese economy, though gradual, to continue to weigh on the growth of developing Asia in coming years. In its "East Asia and Pacific Economic Update" report issued Oct. 5, the bank lowered

    October 6, 2015 12:44 pm JST
  • TPP

    Partnership could be a blow and opportunity for Japanese farmers

    TOKYO -- Japanese farmers will probably find both new opportunities and new threats under the Trans-Pacific Partnership agreement, with rice and livestock as two crucial areas that will see major impacts. Japan currently caps tariff-free rice im

    October 6, 2015 04:04 am JST
  • World Bank cuts East Asia forecasts, cites China, US rate risks

    SINGAPORE (Reuters) - The World Bank cut its 2015 and 2016 growth forecasts for developing East Asia and Pacific, and said the outlook was clouded by the risk of a sharp slowdown in China and possible spillovers from expected increases in U.S. inter

    October 5, 2015 11:22 am JST