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  • Who wants to buy a Sony? India!

    TOKYO -- Sony's otherwise gloomy global business picture has one bright spot -- India. The struggling electronics giant has significantly expanded its presence in the country, thanks to its flourishing TV broadcast operations there. Son

    December 5, 2013 12:00 am JST
  • As Indian market grows more hospitable, foreign banks may go shopping

    MUMBAI, India -- Now that India has opened its doors wider to foreign financial institutions, some of the country's private banks could become prime acquisition targets. The Reserve Bank of India has hitherto blocked foreign banks from buying cont

    December 5, 2013 12:00 am JST
  • IT firms scramble into India's school market

    MUMBAI -- Foreign companies are stepping up marketing of their products for school education in India, hoping to take advantage of the Indian government's policy of raising the nation's educational level. Demand for education is strong especiall

    December 1, 2013 07:00 pm JST
  • Hitachi plotting M&A spree abroad

    TOKYO -- Hitachi said Friday that it plans to spend about 50 billion yen ($483 million) annually on mergers and acquisitions for its IT business to spur overseas expansion. Yutaka Saito, an executive officer in charge of the company's informatio

    November 30, 2013 07:00 am JST
  • Indian growth showing signs of flagging

    NEW DELHI -- Even as the government maintains a rosy outlook for the country's economic growth, a closer look at the latest data suggests otherwise. July-September gross domestic product rose just 4.8% on the year in real terms, according to off

    November 30, 2013 02:15 am JST
  • As Indian market grows more hospitable, foreign banks may go shopping

    MUMBAI, India -- India has opened its doors wider to foreign financial institutions, potentially turning some of the country's private banks into acquisition targets. The Reserve Bank of India has hitherto blocked foreign banks from buying contr

    November 28, 2013 07:00 pm JST
  • Asia can withstand an early Fed taper

    The U.S. economy is holding up better than expected. Job growth has accelerated in recent months, and GDP expanded impressively in the third quarter. The Fed may thus decide to ease up on quantitative easing in the coming months. True, inflation is

    November 28, 2013 01:00 pm JST
  • Resource crisis threatens Asia's rise

    Asian economies facing a domestic resource crunch are being forced increasingly to rely on imported mineral ores, timber and fossil fuels, bringing international supplies under pressure and triggering price volatility. Yet Asia, paradoxically, is th

    November 28, 2013 01:00 pm JST
  • Modi's operandi: Boost Indian industry

    NEW DELHI -- It's the economy, stupid. So believes Narendra Modi, the favorite to become India's next prime minister. Boosting domestic manufacturing and reducing dependence on other nations will be key to India's future, Modi, the Bharatiya Jan

    November 28, 2013 12:00 am JST
  • Korean cosmetics companies give Asia a makeover

    HANOI -- Cosmetics makers from South Korea are expanding their reach to the rest of Asia, heating up competition in a market projected to grow past 10 trillion yen ($98.7 billion) by 2017."Look at how your skin is dry," said a cosmetics clerk at a s

    November 28, 2013 12:00 am JST
  • Cyrus Mistry declares new era for Tata Group

    MUMBAI, India -- Last December Cyrus P. Mistry took over as chairman of Tata Sons, the holding company of India's largest conglomerate, Tata Group. All of India is holding its breath and watching closely to see how the titanic corporation changes, a

    November 28, 2013 12:00 am JST
  • Silver lining to gold's loss of favor?

    TOKYO -- Demand for silver coins and jewelry is growing because of the widespread perception that gold is overpriced. Annual sales of silver coins in the U.S. hit an all-time high in the middle of November. Sales of American Eagle Silver Coins p

    November 28, 2013 12:00 am JST
  • Asia can withstand an early Fed taper

    The U.S. economy is holding up better than expected. Job growth has accelerated in recent months, and GDP expanded impressively in the third quarter. The Fed may thus decide to ease up on quantitative easing in the coming months. True, inflation is

    November 28, 2013 12:00 am JST
  • Resource crisis threatens Asia's rise

    Asian economies facing a domestic resource crunch are being forced increasingly to rely on imported mineral ores, timber and fossil fuels, bringing international supplies under pressure and triggering price volatility. Yet Asia, paradoxically, is th

    November 28, 2013 12:00 am JST
  • 'Shamsung' smartphones strain India-China ties

    MUMBAI, India -- A looming problem for China-India economic relations looks like an iPhone, sounds like an iPhone and acts like an iPhone. But it isn't an iPhone. A flood of counterfeits and knockoffs from China, alongside legitimate goods, are

    November 27, 2013 07:00 pm JST
  • Daikin aims to double sales in emerging markets

    OSAKA (Nikkei) -- Daikin Industries Ltd. hopes to double sales in emerging markets to 300 billion yen ($2.92 billion) by fiscal 2015 with the help of some generous capital investment. The air conditioner giant announced Tuesday a new medium-term

    November 27, 2013 03:43 am JST
  • Nippon Steel expanding overseas supply network

    TOKYO (Nikkei) -- Nippon Steel & Sumitomo Metal will bolster its global supply capacity via the purchase of a U.S. steel sheet plant to keep up with Japanese automakers, which are aggressively expanding production abroad. Automakers want steelma

    November 27, 2013 02:19 am JST
  • Honda to launch 2nd diesel model in India

    TOKYO (Nikkei) -- Honda Motor said Tuesday that it will roll out a fully redesigned City small sedan in India in January, offering both gasoline and diesel versions. This will be the Japanese automaker's second diesel car in India following the

    November 26, 2013 10:33 pm JST
  • Treaty on nuclear tests by 2017 eyed

    TOKYO -- A treaty banning nuclear testing by 2017 is among the ambitions of the new chief of an organization for abolishing atomic weapons. Lassina Zerbo, the Executive Secretary of the Preparatory Commission for the Comprehensive Nuclear-Test-B

    November 26, 2013 07:00 pm JST
  • Asean's east-west roads clearing path to prosperity

    As it forges closer unity and moves toward an economic integration in 2015, the Association of Southeast Asian Nations is increasing its magnetic power to outsiders -- drawing avid overtures from India, Australia and the Middle East.   The Kalad

    November 26, 2013 07:00 am JST