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  • Joko Widodo takes the reins in Indonesia

    JAKARTA -- Joko Widodo, the former governor for Jakarta, on Monday formally took the oath of office and became the seventh president of Indonesia. During his five-year tenure, he hopes to implement fiscal reform, reduce corruption and tackle pov

    October 20, 2014 02:00 pm JST
  • Jokowi inaugurated as Indonesia's new president

    JAKARTA (Kyodo) -- Joko Widodo was on Monday sworn in as Indonesia's seventh president, replacing Susilo Bambang Yudhoyono. In a brief inauguration ceremony before the 692-member People's Consultative Assembly, the upper house, Jokowi, the popul

    October 20, 2014 01:10 pm JST
  • For Indonesia's new president, it's time to get dirty

    Having won the most bitterly contested election in Indonesia's history, Joko Widodo will be inaugurated on Monday as Indonesia's seventh president. The challenges he faces are immense: an economy that is dehydrating as the river of cheap money from

    October 19, 2014 01:00 pm JST
  • Signs of bubble collapse appearing in emerging Asia

    TOKYO -- The imminent normalization of U.S. monetary policy may spell bad news for investors. How bad? According to a recent report by the International Monetary Fund, the shift could see market players lose 8%, or $3.8 trillion, on their bond portf

    October 19, 2014 07:00 am JST
  • Widodo's meeting with Subianto lifts stocks

    JAKARTA -- Indonesia's main stock index jumped nearly 2% on Friday after the incoming president, Joko Widodo, who assumes office on Oct.20, publicly met his defeated rival Prabowo Subianto for the first time since July's election. The Jakarta Co

    October 17, 2014 10:11 pm JST
  • Widodo reviewing fuel price hike plans

    JAKARTA -- Joko Widodo will tread carefully in cutting Indonesia's expensive fuel subsidies after his Oct. 20 inauguration as the country's next president, according to a leading member of his transition team. "We will calculate in detail the poli

    October 17, 2014 09:00 pm 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 that the combined gross domestic product of the seven bigg

    October 17, 2014 07:00 pm JST
  • Kahlil Rowter: Strong winds ahead for Indonesia's new president

    Joko Widodo, the winner of Indonesia's July presidential election, has had an unusually long transition to the presidency, which he assumes Oct. 20. That should have provided helpful time for preparation. But it is already clear that he faces mounti

    October 17, 2014 07:00 pm JST
  • India-focused investor makes foray into Indonesia fast food market

    JAKARTA -- Everstone Capital, a Singapore-based private equity investor with a focus on India, is buying into two fast food chains in Indonesia. The fund acquired a 51% stake in Indonesia's Domino's Pizza franchise from food and fashion retailer

    October 17, 2014 01:45 pm JST
  • Nehru, Tang: Democratic despair masks hope in Southeast Asia

    Under pressure from elites and other interest groups in Indonesia, Myanmar and Thailand, democracy appears to be in retreat in Southeast Asia. These setbacks should be seen as temporary. Over the long term, democratic forces will prove too strong to

    October 16, 2014 11:00 pm JST
  • Facebook founder smartens up for Asia tour

    JAKARTA/NEW DELHI -- Facebook founder and CEO Mark Zuckerberg looked unusually well-dressed in recent meetings with two of Asia's newest leaders as he pledged to assist authorities in boosting Internet usage. Zuckerberg on Oct. 10 met Indian Pri

    October 16, 2014 12:00 am JST
  • Indonesia holds promise, pitfalls for 7-Eleven

    JAKARTA -- In Indonesia's capital, 7-Eleven is not your typical "grab and go" convenience store. It is more like a cafe: Customers sit at tables, eating packaged meals and sipping Slurpee frozen drinks. The store has air conditioning and free Wi-Fi.

    October 16, 2014 12:00 am JST
  • Anders Corr: China threat requires an Asian NATO

    China's increasing belligerence in the East and South China seas, and toward India, has fundamentally destabilized the security dynamics of Asia. Japan is seeking a closer alliance with India and is likely seeking advanced offensive weapons from the

    October 16, 2014 12:00 am JST
  • Asia's coffee cravings contribute to inflated bean prices

    TOKYO -- Asia's growing taste for java means that high trading prices for coffee beans may not change anytime soon. A gloomy harvest outlook for Brazil, the world's No. 1 coffee grower, pushed up New York's benchmark contract to 200 cents per po

    October 16, 2014 12:00 am JST
  • Indonesia meets IKEA

    JAKARTA -- The world's largest furniture retailer, IKEA, is looking to emerging Asian markets for growth after a prolonged economic slowdown in Europe and has arrived in Indonesia. The iconic Swedish company opened its first store on Wednesday i

    October 15, 2014 11:37 pm JST
  • Indonesia rubber woes highlight infrastructure deficits

    JAKARTA -- Amid a sustained fall in global rubber prices, the head of Indonesia's main rubber producers' group has warned that the industry faces decline unless President-elect Joko Widodo takes urgent action to improve the country's infrastructure.

    October 15, 2014 07:00 pm JST
  • ASEM's 10th summit most important yet

    Asia matters -- for Europe. And Europe matters -- for Asia. That is why the Asia-Europe Meeting (ASEM) was created in 1996. That is why it has become the key forum for dialogue and cooperation between Europe and Asia. And that is why on Oct. 16 and

    October 15, 2014 06:40 pm JST
  • Frederic Neumann: Asia should keep cutting subsidies

    That reforms are urgently needed in Asia to keep growth humming along is not exactly a secret. And it is easy to dismiss efforts so far as feeble, at best. Leaders throughout the region have made many ambitious promises on this front, but implementa

    October 15, 2014 09:30 am JST
  • Japan dotted with volcanoes that could erupt at any time

    TOKYO -- The recent eruption of Mount Ontake, Japan's worst postwar volcanic disaster, provided graphic evidence of the threat posed by active volcanoes. Japan has 110 active volcanoes, some 7% of the world total. Active volcanoes are those that

    October 14, 2014 07:00 pm JST
  • Japanese conductors nurture young orchestras across Asia

    TOKYO -- Japanese conductors are investing their time and energy to train orchestras in Myanmar, Vietnam, Indonesia and other parts of Asia. The goal is to help make classical music more popular in the region. One of these is Yunosuke Yamamoto

    October 14, 2014 07:00 am JST