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  • Head of zipper maker YKK sees the end of production shift in Asia

    TOKYO -- Manufacturers are moving production bases from country to country in search of lower labor costs, and the garment industry, which faces some of the world's stiffest price competition, is no exception. But while a growing number of cloth

    September 20, 2014 01:00 pm JST
  • India and Japan beef up cyber security

    NEW DELHI -- India and Japan, the two countries ranked among the worst hit by online malware by Tokyo-based security provider Trend Micro, are working in tandem to reduce spam and malware email affecting the banking, government, telecommunications a

    September 19, 2014 11:48 pm JST
  • Anticipation for Modi's reforms fuels investment turnaround in India

    MUMBAI -- Business investment is roaring back in India as expectations grow for Prime Minister Narendra Modi's economic reforms. Whether this trend will continue, however, will likely depend on how swiftly Modi's government can deliver this much ant

    September 19, 2014 07:00 pm JST
  • The biggest risk for Modi may be retaliation

    HONG KONG -- Narendra Modi has passed the 100-day mark in office, and the Indian stock market continues to ride high on strong expectations that the new prime minister will push through tough reforms. Christopher Wood, managing director and equity s

    September 19, 2014 07:00 pm JST
  • India, Asean enhance free trade agreement

    NEW DELHI -- Four years after a free trade agreement relating to goods came into effect between India and the Association of Southeast Asian Nations, the trade partners have gone a step further with a supplementary trade in services and investment a

    September 19, 2014 12:34 pm JST
  • China to invest $20B in India over next 5 years

    NEW DELHI --China will invest $20 billion in India over the next five years as part of an economic package designed to deepen bilateral ties and counter U.S. and Japanese influence on the subcontinent. Chinese President Xi Jinping promised the

    September 19, 2014 07:00 am JST
  • Border showdown clouds China-India summit

    NEW DELHI -- A military standoff between Indian and Chinese troops in the Himalayas on Thursday served as a stark reminder of lingering tensions between the two major Asian powers, overshadowing a summit the same day that touted economic cooperation

    September 19, 2014 07:00 am JST
  • China, India cinch up economic ties

    NEW DELHI -- Indian and Chinese leaders rarely go out of their way to look chummy -- their countries still nurse a Himalayan border dispute, after all. Tell that to Narendra Modi and Xi Jinping, his eyebrow-raising birthday guest Wednesday. Chin

    September 18, 2014 05:35 am JST
  • Asian free trade agreement may leave India behind

    TOKYO -- Countries negotiating a comprehensive Asia-Pacific free trade pact might reach an agreement without India, whose low target for tariff liberalization has thrown a wrench into the talks. The proposed Regional Comprehensive Economic Partn

    September 18, 2014 04:39 am JST
  • Google pitches Android One to almost a billion Indian users

    NEW DELHI -- India's multi-billion-dollar smartphone market is heating up with the launch of Google's much-awaited $105 Android One smartphone initiative. Unveiled in Delhi by Sundar Pichai, Google's senior vice president for Android, Chrome and

    September 18, 2014 12:06 am JST
  • Sibling rivalry fuels Reliance's growth

    MUMBAI -- Mukesh and Anil Ambani, the feuding brothers who divided up the Reliance Group business empire between them, each seeks to enlarge their territory as India's change in government opens up new prospects. Among the country's three big co

    September 18, 2014 12:00 am JST
  • India's Reliance ADA welcomes more Japanese deals in power, mobile

    TOKYO -- Reliance ADA Group, one of India's biggest conglomerates, is seeking to work with Japanese partners in infrastructure and other new areas, Group Managing Director Amitabh Jhunjhunwala told The Nikkei recently. Jhunjhunwala also spoke about

    September 18, 2014 12:00 am JST
  • Yasuyuki Todo: Exclusive ties keep Asia's growth stuck in middle-income trap

    Low-income countries tend to demonstrate higher growth rates than rich ones. Because low-income countries have room to learn advanced technology and knowledge from developed nations, it is easier for them to produce imitation goods. Moreover, capita

    September 17, 2014 01:00 pm JST
  • Honda mulls new plant in India

    NEW DELHI -- Honda, which is targeting 6 million car sales worldwide in 2016, is preparing to build its third assembly plant in India, in Gujarat, the country's most industry-friendly state and Prime Minister Narendra Modi's political home turf. "

    September 17, 2014 03:00 am JST
  • Modi has India on track to faster growth: HSBC's Kidwai

    TOKYO -- From Naina Lal Kidwai's perspective, Indian Prime Minister Narendra Modi more or less lived up to the hype in his first 100 days in office. The head of HSBC's operations in India took notice of Modi's quick move to introduce a goods and

    September 16, 2014 07:00 pm JST
  • Peter Martin: Xi marks China's shifting priorities with India visit

    Chinese President Xi Jinping will arrive for talks in New Delhi this week, with India prominent on China's diplomatic radar for the first time in decades. In the context of Sino-Indian relations, this is quite a feat for Narendra Modi, India's prime

    September 16, 2014 07:00 pm JST
  • India's wholesale inflation dips to 5-year low; RBI rules out rate cut

    NEW DELHI -- India's wholesale price inflation for August this year has touched a nearly five-year low of 3.74%, but the nation will have to wait a little longer to see interest rates come down, as the Reserve Bank of India has made it clear that it

    September 16, 2014 06:20 pm JST
  • China taking steady steps toward Indian Ocean sea lane

    BEIJING -- China is steadily advancing efforts to create a sea lane through the Indian Ocean by actively investing in port facilities of South Asian countries. Under its "string of pearls" strategy, China wants to build a network of port and log

    September 15, 2014 02:52 am JST
  • US, emerging markets drive global recovery

    TOKYO -- While Japan's economy limps along, hobbled by a sales tax hike in April, the U.S and emerging economies are performing relatively well, helping drive a global recovery. Chrysler, which merged with Fiat of Italy following the U.S. carmak

    September 14, 2014 01:00 pm JST
  • India's JSW Steel now making high-quality auto-use steel sheet

    MUMBAI -- When India's JSW Steel partnered with Japan's JFE Steel five years ago, it was looking to gain some technological sophistication. JSW Steel is one of India's largest private-sector steel products makers, by capacity. It teamed up with

    September 14, 2014 07:00 am JST