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  • Indian rupee resilient on narrower current-account deficit

    TOKYO -- The Indian rupee is holding firm against the dollar as India's current-account deficit declines and expectations grow for Prime Minister Narendra Modi's economic policies. The U.S. Federal Reserve plans to end its quantitative monetary

    September 30, 2014 07:00 pm JST
  • Myanmar rice exports on track for threefold growth target

    YANGON -- Myanmar is well on its way to meeting the government's goal of tripling rice exports in five years, as improving diplomatic ties expand the country's export markets. The government aims to increase rice exports to about 4 million tons

    September 30, 2014 01:25 pm JST
  • Software developer Adobe to shutter China R&D center

    BEIJING -- U.S. software developer Adobe will close its research and development facility in China within the year, apparently due to worsening earnings and rising costs. Its Beijing unit announced the move on its official microblog. The roughly

    September 30, 2014 02:01 am JST
  • Central banks, governments in tug-of-war in emerging markets

    MUMBAI -- Concerns about central banks' ability to keep the global economy on an even keel are rising, both in big emerging-markets, where monetary authorities' independence is under pressure, and in advanced economies, which are facing a difficult

    September 29, 2014 01:00 pm JST
  • Consumer goods makers plant seeds of growth in Indian villages

    MUMBAI -- Consumer goods manufacturers are tapping the vast potential of India's farming villages with specially tailored products and sales tactics. Hindustan Unilever is already cultivating the rural village market, selling single-use packets

    September 29, 2014 01:00 pm JST
  • Western luxury fashion set on cracking Indian market

    NEW DELHI -- A few months ago, a group of wealthy industrialists and other businessmen gathered in a plush Mumbai hotel suite to pore over a selection of John Lobb handmade welted shoes that cost up to $12,000 a pair. It may just be a temporary

    September 27, 2014 01:00 pm JST
  • Modi tries diplomatic juggling act with US, China

    NEW DELHI -- Indian Prime Minister Narendra Modi is making his first official trip to the U.S., one of the world powers he is sizing up in terms of their potential for economic and security cooperation. Modi's summit with President Barack Obama

    September 27, 2014 03:37 am JST
  • Three more auto plants in India for Magna International

    NEW DELHI -- Canadian autoparts giant Magna International has announced two new plants for the Sanand region of India's Gujarat state to fabricate seating, body and chassis systems. Magna also announced a 50:50 joint venture with Tata AutoComp i

    September 26, 2014 08:49 pm JST
  • Brahma Chellaney: Tibet is the real source of Sino-Indian friction

    The sprawling, mountainous country of Tibet was annexed by China in the 1950s, eliminating a historical buffer with India. Today, the region remains at the heart of Sino-Indian problems, including territorial disputes, border tensions and water feud

    September 26, 2014 07:00 pm JST
  • Japan Post to offer new option for sending parcels to Asia

    TOKYO -- Japan Post will launch this fall an international parcel delivery service covering China, India and Southeast Asia, using the logistics network of French partner Geopost. Japan Post's international mail service already handles packages.

    September 26, 2014 05:05 am JST
  • India assembling team to attract Japanese investment, companies

    NEW DELHI -- The Indian government will set up a special team early next month that will report directly to the prime minister and focus on encouraging investment from Japan and supporting Japanese companies doing business here. In an unusual mo

    September 26, 2014 04:51 am JST
  • As Asia gets its wheels on, better public transit would be a boon

    TOKYO -- Japanese and other companies stand to benefit from the new opportunities that could open up in Asia for improving public transportation, catalyzed by a recent study showing how much major cities would benefit economically from easing traffi

    September 26, 2014 03:52 am JST
  • Abe laying new groundwork for UN Security Council ambitions

    NEW YORK -- Addressing the United Nations General Assembly on Thursday, Japanese Prime Minister Shinzo Abe mapped out his vision for reforming the powerful Security Council as the world body nears its 70th birthday. "It is my wish, with the 70th

    September 26, 2014 02:34 am JST
  • Maruti Suzuki yet to fix date for minority shareholders' voting on Gujarat plant

    NEW DELHI -- Automotive industry leader Maruti Suzuki India has yet to announce a date for minority shareholders to vote on a plan for its Japanese parent company, Suzuki Motor, to establish a manufacturing subsidiary in Gujarat. Suzuki Motor re

    September 25, 2014 09:50 pm JST
  • India overtaking China as top cotton producer

    NEW DELHI -- India is set to overtake its largest neighbor, China, as the world's top cotton producer for the first time in three decades with a record 12.5 million hectares under cultivation and improved yields from genetically-modified varieties i

    September 25, 2014 07:49 pm JST
  • Daniel Twining: India, the global swing state for US and China

    As U.S. President Barack Obama prepares to meet Indian Prime Minister Narendra Modi at the end of this month, just a couple of weeks after Chinese President Xi Jinping's grand tour of South Asia, the world will be watching for clues about the future

    September 25, 2014 01:00 pm JST
  • ArcelorMittal to fight back against rivals in US market

    CALVERT, Ala. -- ArcelorMittal, the world's largest steelmaker, sees the U.S. as the key battlefield for regaining lost ground in the global steel market. After growing into a giant thanks to many large acquisitions, the Luxembourg-based steelma

    September 25, 2014 01:00 pm JST
  • Ritesh Kumar Singh: India needs to refocus its trade policy

    Trade accounts for a large proportion of India's gross domestic product. Yet Prime Minister Narendra Modi's government in July refused to sign the World Trade Organization's global agreement on trade facilitation, which had been accepted by the prev

    September 25, 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. One reason for this is that they can borrow advanced technology and know-how from developed nations and use it to churn out cheaper imitation goods. In addition, capital in

    September 25, 2014 12:00 am JST
  • REITs expand reach in Asia

    SINGAPORE -- As Thailand's first real estate investment trust prepares for its listing on Oct. 1, more Asian markets are moving to open their doors to the high dividend securities, with new attention turning toward India and China. REITs have pr

    September 25, 2014 12:00 am JST