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  • Greg Priddy

    Oil market rebalancing -- the beginning of the end

    Since the second half of 2014, the world oil market has been on a roller coaster, as excessive global oil supply has proved to be very persistent. Demand growth has been reasonably good, with global growth in 2015 and 2016 above the recent trend lin

    February 24, 2017 07:00 pm JST
  • Interview

    Emerging-market demand yet to bottom out -- Komatsu CFO

    TOKYO -- Shares of Japan's Komatsu have risen fairly consistently since mid-2016, and the price is now 60% higher than the level a year ago. The investor enthusiasm was prompted by data showing the operating hours of its machinery in China have been

    February 24, 2017 06:40 pm JST
  • Uber, Grab locked in Bali street fight

    JAKARTA -- Bali, the popular Indonesian resort island, is the scene of an intensifying confrontation between ride-hailing companies and local tour businesses, including cab operators.Some areas in Bali have banned the use of ride-hailing apps offere

    February 24, 2017 12:10 pm JST
  • Daio Paper's home products profit seen swelling 40% next fiscal year

    TOKYO -- Daio Paper's home products segment is expected to generate a roughly 14 billion yen ($124 million) operating profit in the year ending March 2018, a 40% jump from the outlook for the current fiscal year, largely due to a domestic acquisitio

    February 24, 2017 06:55 am JST
  • E-learning combats Southeast Asia's teacher shortages

    TOKYO -- Southeast Asia is benefiting from increased adoption of e-learning, as information technology helps compensate for shortages of teachers and study materials.Filling the gapsIn a wooden school building in San Pablo, on the Philippine islan

    February 23, 2017 05:00 pm JST
  • ASEAN wants to seal a South China Sea deal with Beijing this year

    BORACAY, Philippines The Association of Southeast Asian Nations hopes to soon reach a deal with China on a "framework" for a code of conduct in the South China Sea, though some bloc members appear more enthusiastic about the idea than others."We are

    February 23, 2017 10:00 am JST
  • The odds against 'Ahok' in Jakarta's election runoff

    JAKARTA Despite his slight lead in early projections of the Jakarta gubernatorial election first round, the odds are stacked against incumbent Gov. Basuki Tjahaja "Ahok" Purnama winning a likely runoff in April.Purnama finished first with 43% of the

    February 23, 2017 10:00 am JST
  • Indonesian authorities battle 'fake news'

    JAKARTA Indonesians can breathe a bit easier, for now at least, as news readers get a respite from the politically charged coverage of the Jakarta gubernatorial campaign. The first round of voting ended peacefully on Feb. 15."Over the past few days,

    February 23, 2017 10:00 am JST
  • Artisans think outside of Jakarta's air-conditioned box

    JAKARTA Few visitors have anything good to say about Jakarta. Unendurable traffic grinds the city to a standstill at unpredictable hours, urban sprawl and ill-conceived developments blight the landscape, and towering shopping malls provide some of t

    February 23, 2017 10:00 am JST
  • North Korea facing Southeast Asian rift after murder

    KUALA LUMPUR -- The killing of Kim Jong Nam, half brother of North Korean leader Kim Jong Un, is threatening Pyongyang's relationship with the Association of Southeast Asian Nations as well as its access to the greater international community.At a T

    February 23, 2017 07:00 am JST
  • Grab cozying up to government

    JAKARTA -- Grab, the Singapore-based provider of a popular ride-hailing app, is trying to get close to the government of Indonesia in an apparent effort to push for looser regulations in the company's key market.At a press conference in a Jakarta ho

    February 22, 2017 04:30 pm JST
  • Conflicts of interest abound as Trump brand pivots to Asia

    JAKARTA/NEW YORK -- Plans for resorts and office towers bearing the brand of America's real-estate-mogul-turned-president are taking shape from the Middle East to Southeast Asia, expanding a business that he says his children will run but which rais

    February 22, 2017 12:00 pm JST
  • Southeast Asia warms to Japan Inc.'s refrigerated warehouses

    OSAKA -- Japanese logistics companies are tapping their abundant know-how to build advanced warehouses in Southeast Asia offering features such as temperature controls to meet the maturing needs of local consumers.Rising incomes in Asia spur more pe

    February 22, 2017 08:05 am JST
  • ASEAN wants South China Sea deal with Beijing this year

    BORACAY ISLAND, Philippines -- The Association of Southeast Asian Nations hopes to strike a deal with China on a "framework" for a code of conduct in the South China Sea by the middle of this year, though some members of the regional grouping appear

    February 21, 2017 11:38 pm JST
  • Remote 'off' switch to help Southeast Asians get car loans

    TOKYO -- Japan's Global Mobility Service is expanding its auto lease and loan services in Southeast Asia, which use information technology to remotely shut down the engines of cars whose owners are behind on payments.The services have been introduce

    February 21, 2017 06:00 pm JST
  • Freeport threatens legal action over Indonesia mine

    JAKARTA -- U.S. miner Freeport-McMoRan on Monday said it may seek arbitration against the Indonesian government if a dispute over its contract for a giant copper mine in Papua Province is not resolved within 120 days.The company said Freeport Indone

    February 20, 2017 06:35 pm JST
  • ASEAN prepares to gauge the Trump effect

    BORACAY ISLAND, Philippines -- The first major meeting of Association of Southeast Asian Nations (ASEAN) ministers this year will provide a window on the regional reaction to shifts expected in U.S. foreign policy following President Donald Trump's

    February 19, 2017 10:35 pm JST
  • Japan may offer military trucks to ASEAN

    TOKYO -- Japan, trying to enhance defense cooperation with Southeast Asia, wants to offer ASEAN nations second-hand transport vehicles from its Ground Self Defense Force.The government plans to pass a bill during the current Diet session that would

    February 19, 2017 01:30 am JST
  • Head of Freeport's Indonesian unit resigns

    JAKARTA -- U.S. miner Freeport-McMoran's Indonesian subsidiary announced the resignation of its President on Saturday, adding fresh uncertainty to its negotiations with the government over a ban on exports from its giant copper mine in Papua Provinc

    February 19, 2017 12:28 am JST
  • Elizabeth Pisani

    Jakarta rejects rent-a-mob politics, for now

    As populist politicians sweep to victory around the globe, the world's third-largest democracy, Indonesia, is bucking the trend. There, politicians who have shown they can deliver mundane things like health care and cleaner cities are running ahead

    February 18, 2017 09:10 pm JST