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  • Panasonic's chief looks to Asia expansion, less central control

    TOKYO -- After salvaging his company from the sea of red ink, Panasonic President Kazuhiro Tsuga is pushing for a new management strategy for overseas expansion, especially in Asia. The aim is to decentralize electronics giant's decision-making proc

    April 22, 2014 01:30 pm JST
  • Japanese corporate buyers find India's rumor mill costly

    TOKYO --"India is a world of rumors." So said Tsutomu Une in a conversation at a New Delhi hotel in September 2011. At that time, Une was serving as chairman of Ranbaxy, the Indian subsidiary of Japanese drugmaker Daiichi Sankyo, where he was also

    April 22, 2014 01:01 pm JST
  • Pitfalls lie ahead for emerging-market investors

    TOKYO -- Some investors are returning to sluggish emerging-market stocks, but this may prove dangerous without real improvement in the economic climate. The Nikkei Stock Average retreated slightly Monday, but the mood is not bad after last week'

    April 22, 2014 05:44 am JST
  • Japanese banks to lend 55 billion yen to Indian petrochemical giant

    TOKYO -- Six private-sector Japanese banks, including Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking, will join forces with the state-owned Japan Bank for International Cooperation to extend a total of 55 billion yen ($530 million) in loan

    April 22, 2014 01:30 am JST
  • Culture clashes threaten quality standards for Japanese companies in India

    MUMBAI -- Many Japanese companies trying to do business in India are having problems, namely cultural differences over management styles. India's fast-growing market could mean huge business opportunities for foreign companies. But India has als

    April 21, 2014 07:00 pm JST
  • Mitsubishi, Tata Consultancy to merge IT operations in Japan

    TOKYO -- Mitsubishi Corp. and India's Tata Consultancy Services plan to combine IT services businesses in Japan. Three companies tied to the Japanese trading house and the Indian provider of information technology services will integrate by July

    April 21, 2014 02:00 am JST
  • Japanese online ad agencies reach out to smartphone users in Asia

    TOKYO -- Internet advertising agencies from Japan are venturing beyond the channel of personal computers to tap Asia's rapidly expanding smartphone advertising market. MicroAd, a subsidiary of leading online ad agency CyberAgent, will launch a s

    April 21, 2014 01:00 am JST
  • Weak China demand pulls down gold prices

    TOKYO -- Ukraine's crisis failed to boost gold prices. Investors tend to buy gold to protect their wealth during crises. But the price of the precious metal has remained flat because emerging economies are not buying. In particular, the closer s

    April 20, 2014 07:00 am JST
  • Japan to fund cancer-screening ventures in Asia, South America

    TOKYO -- The Japanese government will provide funding and other support for domestic companies looking to sell preventive health care equipment and services in emerging markets. The Ministry of Economy, Trade and Industry will select seven proje

    April 19, 2014 05:44 am JST
  • Japan aiming to grow nuclear plant exports with new pacts

    TOKYO -- Japan is discussing nuclear energy agreements with five more countries, making progress on a key component of the government's plan to boost exports of infrastructure, including nuclear power plants. It has already signed such deals wit

    April 19, 2014 05:01 am JST
  • Turnout high as Indians vote for change

    NEW DELHI-- Voters in 12 Indian states went to the polls Thursday on the biggest day of the country's general election, with 121 parliamentary seats up for grabs. Indians fed up with lackluster economic growth and rampant corruption are looking

    April 18, 2014 05:17 am JST
  • Indian parties out in force on social media stump

    With 200 million of India's 800-million-strong electorate online, political parties are turning eagerly to the Internet to get out the vote in an election of epic proportions. Parties have high hopes for social media's ability to help them conne

    April 18, 2014 04:50 am JST
  • Naphtha prices on rise in Asia as demand shifts from costly LPG

    TOKYO -- Prices for naphtha are trending higher in Asia, fueled by growing demand as petrochemical manufacturers move away from costly liquefied petroleum gas as the feedstock for their products. Naphtha, which has been moving in a high price ra

    April 18, 2014 03:17 am JST
  • Hitachi Zosen lands deal for Indian waste-to-energy plant

    OSAKA -- Hitachi Zosen has become the first Japanese company to win an order from India for a garbage incinerator, with local components helping to cut the price to 10% as much as in Japan. Work on the waste-to-energy plant, which will supply el

    April 18, 2014 12:46 am JST
  • Suzuki aims for car that gets 40km per liter

    TOKYO -- Suzuki Motor says it will create cars that can run for 40km per liter of gasoline by improving its existing technologies. The moves comes as Suzuki seeks to reinforce its presence in emerging economies, where demand for efficient cars i

    April 17, 2014 01:00 pm JST
  • Tata Consultancy refocusing on quality

    MUMBAI/TOKYO -- Tata Consultancy Services, India's largest IT services company, has enjoyed consistent success over the past several years. But as it reaches the limits of a business model reliant on force of numbers, it is aiming higher at more sop

    April 17, 2014 05:19 am JST
  • India may no longer be able to take advantage of restructured-loan magic

    Voting in general elections has begun in India, where expectations for a higher economic bounce are growing. Some of those expectations are coming from the Mumbai stock market, which has been booming this year. The benchmark CNX Nifty Index climbed

    April 17, 2014 12:00 am JST
  • Fast-growing Asian companies set to take on world

    IHH Healthcare, Jollibee Foods, VGI Global Media -- these companies are not exactly household names in most countries. And they are dwarfed by their Western counterparts, say, Hospital Corporation of America, McDonald's or Publicis Omnicom Group. Bu

    April 17, 2014 12:00 am JST
  • Emerging markets grow their own corporate giants

    To find the business giants of the future, The Nikkei Veritas has created a list of companies with high return on equity in emerging countries, as well as some that satisfy certain requirements, including high return on sales. VGI Global Media is

    April 17, 2014 12:00 am JST
  • Emerging-economy investors banking on reform

    As investors seek to identify emerging-market countries that are both politically stable and economically promising, a clear dividing line can be drawn between those that have good prospects for reform and those that do not. In Indonesia, Jakart

    April 17, 2014 12:00 am JST