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  • Prachi Priya: India's manufacturing dream requires radical reality check

    Indian Prime Minister Narendra Modi has made much of the country's potential to become a global manufacturing hub. On his official visit to Washington recently, Modi's use of the catchphrase, "Make in India, sell anywhere," was a key part of his pit

    October 23, 2014 12:00 am 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 23, 2014 12:00 am JST
  • Asia faces bubble trouble as Fed pulls back

    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 23, 2014 12:00 am JST
  • India back in favor with private equity firms

    KOLKATA -- After a five-year lull, investors are taking a renewed interest in Indian private equity, putting $17.73 billion into such funds so far this year, up from $10.89 billion for all of 2013. PE funds completed $7.86 billion in mergers and acq

    October 23, 2014 12:00 am JST
  • Bye-bye to the tuk-tuk? Three-wheelers lose luster in Asia

    MUMBAI/JAKARTA -- Three-wheeled vehicle production appears to be on the wane in Asia as four-wheeled cars and motorcycles become the rides of choice, and because of environmental concerns. India's Crisil Research projects that sales of cargo-car

    October 22, 2014 07:00 pm JST
  • India's first smart city takes shape

    NEW DELHI -- Gujarat, one of India's largest manufacturing hubs and Prime Minister Narendra Modi's home state, is the site of the country's first smart city built from scratch. Launched in 2007, Gujarat International Finance Tec-City (GIFT) is M

    October 22, 2014 02:00 pm JST
  • High growth in Asia-Pacific of high net worth individuals

    SINGAPORE -- The wealth held by high net worth individuals (HNWIs) in emerging Asia is predicted to grow at about 12.3% annually from 2013 to 2016, and at about 8.4% for their counterparts in more mature Asian economies, according to the Asia-Pacifi

    October 21, 2014 09:07 pm JST
  • India embarks on LED energy-saving plan

    NEW DELHI -- LED lamps use much less energy than conventional lighting, but they cost a lot more to buy. So the Indian government has embarked on an ambitious plan to essentially pay people to replace their old bulbs with LED lamps. The plan is

    October 20, 2014 07:40 pm JST
  • Jordi Martin: Innovation is changing how the world works, be ready

    Flying into Tianjin, China's fourth-largest city, I could see from the air just how big China's major cities are. This was early September and I was in this metropolis of 14 million for the World Economic Forum's "Annual Meeting of the New Champ

    October 20, 2014 01:00 pm JST
  • The myth of China's strategic shrewdness

    TOKYO --Imagine if just a few days before China's leader Xi Jinping made his first official visit to Japan, the Chinese navy entered the Japanese territory around Senkaku Islands in the East China Sea. Should it happen, tensions would boil over, mak

    October 20, 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
  • Indian bank invites Japanese to invest in its mutual funds

    TOKYO -- India's ICICI Bank will sell mutual funds linked to Indian stocks in Japan, aiming to tap into the abundant savings of Japanese households. The bank, the largest in India's private sector, has partnered with Tokyo-based Eastspring Inves

    October 18, 2014 06:02 am JST
  • IndiGo gives Airbus green light for record 250 aircraft

    NEW DELHI -- Indian budget airline IndiGo has signed a record memorandum of understanding with Airbus for 250 single-aisle A320s - the largest number of aircraft ever ordered from the manufacturer. The deal adds to orders previously placed by In

    October 17, 2014 11:15 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
  • Indian shoppers drop 'can't touch, won't buy' mantra

    NEW DELHI -- Led by companies such as Flipkart and, e-commerce has begun to flourish in India as consumers outgrow a "can't touch, won't buy" approach that had subdued online growth. Bangalore-based Flipkart, the largest e-commerce co

    October 17, 2014 03:00 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
  • SoftBank to pump $650M into India's Snapdeal

    TOKYO -- SoftBank will invest $650 million in Snapdeal to gain a 30%-plus stake in the Indian e-commerce giant, apparently with a vision of turning it into a "second Alibaba." An agreement will likely be reached as early as this month. Snapdeal

    October 17, 2014 06:28 am JST
  • Suzuki shipping cars by rail in India to save time, money

    TOKYO -- Suzuki Motor has begun shipping finished automobiles by rail from a plant in northern India, aiming to reduce transportation costs and enhance its competitiveness. The automaker's Indian subsidiary, Maruti Suzuki, began working with a s

    October 16, 2014 04:07 am 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
  • The story's in the fabric

    Kantha are works of embroidery hand-stitched by women across Bengal, which spans the Indian state of West Bengal and Bangladesh. White cloth is embroidered with plant, animal and other motifs. A multitude of splendid colors brings the designs to lif

    October 16, 2014 12:00 am JST