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  • Where do you find gold bulls? In China shops

    TOKYO -- Global patterns of gold consumption are changing. China in 2013 overtook India as the world's largest consumer of gold. Falling prices and rising Chinese incomes spurred demand for jewelry, while consumption in India has slowed. Gold fu

    January 28, 2014 07:00 pm JST
  • Amazon expands in India with second warehouse

    MUMBAI -- Online retailer Amazon.com plans to open next month a second distribution center in India as the country's e-commerce market takes off. The facility will be built on a 14,000 sq.-meter site near Bangalore and be ready for operations th

    January 28, 2014 01:00 pm JST
  • Investors pull out of stocks in emerging Asian markets

    SHANGHAI -- Stocks in many emerging markets in Asia declined Monday as the uncertainty created by the Argentine peso's plunge last week spread and concerns grew about the outlooks of these economies as the U.S. scales back its quantitative easing pr

    January 28, 2014 05:00 am JST
  • Sony joint venture to cut cost of filing patents in U.S.

    TOKYO -- Sony will participate in a new joint venture that aims to slash by up to half the amount of money companies typically shell out to prepare for a U.S. patent filing. The new firm will be established in Tokyo around mid-February with a ca

    January 28, 2014 12:53 am JST
  • Tanjung gets back to his roots for success

    JAKARTA -- One thing sets apart Chairul Tanjung as a tycoon in Indonesia: He's an ethnic Indonesian. Chinese-owned conglomerates have long dominated the Indonesian economy. CT, founded by Tanjung, is an exception to the rule. While conglomerates

    January 27, 2014 05:00 pm JST
  • Salim spreads his wings overseas

    JAKARTA -- Foreign expansion will test Anthony Salim this year. The head of Indonesia's major conglomerate Salim Group also serves as the president and CEO of Indofood Sukses Makmur, the country's biggest food maker. Attention is being paid to w

    January 27, 2014 05:00 pm JST
  • Sugiarto sees life beyond cars

    JAKARTA--Prijono Sugiarto must diversify income streams this year as president of Astra International. One of Indonesia's largest conglomerates, Astra assembles and sells vehicles in collaboration with Japanese automakers Toyota Motor and Daihat

    January 27, 2014 05:00 pm JST
  • Report suggests Tata Motors' chief Slym committed suicide

    SINGAPORE -- Karl Slym, managing director of India's largest automaker Tata Motors, died Sunday in Bangkok. Indian media outlet Hindustan Times said his death could have been a suicide, citing police. A three-page note written in English was fou

    January 27, 2014 03:55 pm JST
  • Indian production of Japanese amphibious plane on the table

    NEW DELHI -- Japan and India will discuss local manufacturing of an amphibious search-and-rescue aircraft in light of New Delhi's wish to lower the 10 billion yen ($95 million) price tag for importing a finished plane. In a Saturday joint news c

    January 27, 2014 02:14 am JST
  • India's central bank ponders target for tamping down inflation

    MUMBAI -- The Reserve Bank of India is thinking about setting an inflation target as part of a monetary policymaking overhaul. Reforms under consideration at the South Asian nation's central bank also include making policy decisions by committee

    January 26, 2014 01:00 am JST
  • Panasonic to release tablets in India

    OSAKA -- Panasonic believes South Asia may hold the key to revitalizing its faltering business in mobile devices. The Japanese consumer electronics giant plans to release tablets and regular cell phones in India this year, and sell smartphones i

    January 25, 2014 04:50 am JST
  • Japanese ATM firms making a push into emerging markets

    TOKYO -- Japanese ATM manufacturers, seeing few growth opportunities on the homefront, are making a beeline for emerging markets, where burgeoning middle-income households are bolstering demand for the machines. Telecommunications equipment maker

    January 25, 2014 04:33 am JST
  • Hitachi to build desalination plant in India

    TOKYO -- Hitachi will start construction this year on a large-scale desalination plant at an industrial park in western India, with the facility to begin supplying water in about two years. The total project is estimated at $600 million. Japan B

    January 25, 2014 02:00 am JST
  • Japan, India won't close nuclear deal at summit

    TOKYO -- Japanese Prime Minister Shinzo Abe and his Indian counterpart, Manmohan Singh, will agree Saturday to continue talks on a nuclear energy pact, but differences over nonproliferation safeguards will prevent the leaders from declaring a done d

    January 25, 2014 01:52 am JST
  • Japan to finance subway, energy projects in India

    TOKYO -- Prime Minister Shinzo Abe is expected to inform Indian counterpart Manmohan Singh that Japan will provide yen loans totaling about 210 billion yen ($2 billion) for construction of subway lines and energy-conservation projects when the two m

    January 24, 2014 07:00 am JST
  • Nissan, Renault fusing production, development on global scale

    TOKYO -- Nissan Motor and Renault will take their alliance a step further by pooling their manufacturing facilities and bringing production and development departments under joint operations management. The partners aim to cut more than 400 bill

    January 24, 2014 02:50 am JST
  • Premchai faces Myanmar hurdles

    BANGKOK -- Premchai Karnasuta, president of Italian-Thai Development, has spearheaded to make his company a major general contractor in Southeast Asia. Generally viewed as a businessman who is outspoken and acts boldly, Premchai is resolved to this

    January 23, 2014 05:00 pm JST
  • CK's Supamas is Myanmar-bound

    BANGKOK -- CK Power, one of Thailand's major private electric power companies, expects sales to grow 20% on the year for 2014. CKP is led by Managing Director Supamas Trivisvavet, 39. Trivisvavet stressed that she would search for promising proj

    January 23, 2014 05:00 pm JST
  • Dhanin has Thailand's deepest pockets

    BANGKOK -- Thailand's richest man, Dhanin Chearavanont, is eyeing the auto market. Dhanin's Charoen Pokphand Group is the largest business conglomerate in Thailand. It is engaged in a wide variety of operations, ranging from food to distribution

    January 23, 2014 05:00 pm JST
  • Thailand's 'Whiskey King' gives regional expansion a shot

    BANGKOK -- Charoen Sirivadhanabhakdi, chairman of Thai Charoen Corp. Group, a major conglomerate with Thai Beverage at its core, is widely known at home as the "Whiskey King." He has his eyes on a wider share of the Association of Southeast Asia

    January 23, 2014 05:00 pm JST