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  • Searight and Shearer

    Pence shows why Southeast Asia counts, for US and the world

    While the potential for crisis on the Korean Peninsula is dominating the first visit to Asia by U.S. Vice President Mike Pence, his stop in Jakarta on Wednesday is also important for America's long-term interests in the region as a whole. The visit

    April 19, 2017 08:20 pm JST
  • Indonesia media tycoons in legal drama over soap opera deal

    JAKARTA -- The heated battle for dominance in Indonesia's television market has grown even hotter, with two tycoons locked in a legal wrangle that could have consequences that reach beyond their core media businesses.Rajawali Citra Televisi Indonesi

    April 18, 2017 09:17 pm JST
  • Christian governor, former minister in tight race in Jakarta election

    JAKARTA -- The runoff election for governor of Jakarta will take place on Wednesday, and it should mark the end of a tumultuous campaign that has led to a rise in religious tension in the world's largest Muslim-majority nation.Former Education Minis

    April 18, 2017 06:44 pm JST
  • Southeast Asian capitals bristle at Trump's trade probe

    SINGAPORE -- The Trump administration's order to probe U.S. trading partners for unfair practices has provoked outrage in the Southeast Asian nations under scrutiny, and threatens to deepen a divide that leaves the region more exposed to Chinese inf

    April 18, 2017 02:00 am JST
  • Asian palm oil producers slam EU moves to restrict market access

    JAKARTA -- Indonesia and Malaysia, which produce more than 80% of the world's palm oil, are resisting proposals by European parliamentarians that could limit their access to the second biggest palm oil market after India.Government ministers from Ma

    April 17, 2017 07:00 am JST
  • Cherry blossoms lure Southeast Asians to Japan

    JAKARTA -- With Chinese tourists' shopping spree losing steam, Southeast Asian visitors are starting to take up the slack and provide new business opportunities for Japan's tourism industry.Southeast Asian tourists seem to come to Japan in spring, w

    April 15, 2017 11:00 pm JST
  • World Bank boosts 2018 growth outlook for emerging East Asia

    SINGAPORE -- The World Bank on Thursday upgraded its economic growth forecast for 2018 for emerging countries in East Asia to 6.1%, up from the 6.0% it projected six months earlier.The bank said expanding infrastructure investment, rebounding demand

    April 13, 2017 11:44 am JST
  • Harsh rules running ride apps off the road in Southeast Asia

    JAKARTA -- New government regulations and outright crackdowns on drivers are threatening to choke the growth of ride-hailing apps in Southeast Asia.Going viralThe apps, a prime example of the sharing economy, were expanding rapidly in the region up

    April 13, 2017 11:34 am JST
  • ASEAN and Japan aim to foster startups in Southeast Asia

    TOKYO Venture capital investment is booming in Southeast Asia, boding well for the region's startups. And there is greater scope for collaboration between businesses in the region and in Japan to make innovation happen.That was the message at the AS

    April 13, 2017 10:00 am JST
  • Price spikes feared as Asia's aging oil fields dry up

    SINGAPORE A global focus on rising oil output in the U.S. has overshadowed an important trend elsewhere in the market. Falling oil production in Asia is forecast to accelerate as major fields dry up, which will stiffen demand for foreign barrels and

    April 13, 2017 10:00 am JST
  • Miner Freeport-McMoRan cleared to export from Indonesia -- for now

    JAKARTA The long-running dispute between U.S. miner Freeport-McMoRan and the Indonesian government saw something of a breakthrough recently, with Jakarta clearing the company's local unit to resume -- temporarily, at least -- exports of copper conce

    April 13, 2017 10:00 am JST
  • North Korea-US saber rattling ramps up tension in Asia

    TOKYO North Korean leader Kim Jong Un walked slowly onto the center of the stage on April 11, as North Korea's parliament, the Supreme People's Assembly, the highest organ of government, opened in Pyongyang.Clad in a Mao suit, his hair cut short, Ki

    April 13, 2017 10:00 am JST
  • South Korea's export recovery is on thin ice

    HONG KONG Despite a sustained rebound in exports since November, South Korea's manufacturing ended the first quarter with even more contraction, thanks to a souring relationship with its biggest trading partner China and political uncertainty at hom

    April 13, 2017 10:00 am JST
  • The ADB forecasts the slowest Asian growth since 2001

    MANILA Asia's growth will fall to its slowest pace since 2001 this year amid policy uncertainty in advanced economies and an outflow of capital, according to the Asian Development Bank.In its 2017 Asian Development Outlook, released on April 6, the

    April 13, 2017 10:00 am JST
  • Stephen Grenville: Better financing can turn Indonesia's infrastructure mess into an opportunity

    In October 2018, Indonesia will host the annual meetings of the International Monetary Fund and the World Bank in the Balinese resort area of Nusa Dua. This is an important occasion: These annual talks take place outside Washington only every third

    April 13, 2017 10:00 am JST
  • Alipay operator Ant Financial enters Indonesian market

    JAKARTA -- Ant Financial Services, the payments affiliate of Chinese internet giant Alibaba Group Holding, announced Wednesday a push into Indonesia by establishing a joint venture with local media conglomerate Elang Mahkota Teknologi.The joint vent

    April 13, 2017 12:10 am JST
  • Garuda Indonesia replaces CEO after graft scandal, profit plunge

    JAKARTA -- The Indonesian government on Wednesday announced the appointment of a new chief executive at Garuda Indonesia after a global graft scandal and plunging profits shook the flag carrier.Pahala Mansury, currently a director at Bank Mandiri, I

    April 12, 2017 11:30 pm JST
  • South Korea's export recovery is on thin ice

    HONG KONG -- Despite a sustained rebound in exports since November, South Korea's manufacturing ended the first quarter with even more contraction, thanks to a souring relationship with its biggest trading partner China and political uncertainty at

    April 12, 2017 06:30 pm JST
  • Nicholas Spiro

    Asian corporate bond rally has gone too far

    For an indication of just how resilient emerging market assets have been since the upset victory of Donald Trump in the U.S. presidential election, look no further than Asian corporate bonds.Asia's emerging markets, which account for 45% of the main

    April 11, 2017 10:00 pm JST
  • Senior Indonesian graft investigator attacked by unidentified men

    JAKARTA (Kyodo) -- A senior investigator of Indonesia's Corruption Eradication Commission was attacked early Tuesday in North Jakarta by unidentified men with a chemical substance, the commission's spokesman said.Investigator Novel Baswedan is under

    April 11, 2017 12:12 pm JST