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  • North Korea has changed tack on abductions: Mongolian leader

    TOKYO -- North Korea's stance on past state-sponsored kidnappings of Japanese nationals has "changed for the better," says Mongolian President Tsakhiagiin Elbegdorj, adding that he believes its new search for missing Japanese will yield some results

    July 24, 2014 04:11 am JST
  • Japan's KDDI, Sumitomo set out to develop Myanmar's wireless frontier

    TOKYO/YANGON -- Wireless carrier KDDI and trading house Sumitomo Corp. have set up a joint venture to enter Myanmar's nascent mobile communications market. The Japanese companies announced July 16 plans to invest some 200 billion yen ($1.97 bill

    July 24, 2014 12:00 am JST
  • Weaponizing the world

    Military spending in 2013 showed year-on-year growth worldwide in all regions except for the U.S., Europe and Oceania. Increases were particularly high in emerging economies. China has nearly tripled its military spending over a decade, and now acco

    July 24, 2014 12:00 am JST
  • Japan, Mongolia agree on free trade accord

    TOKYO (Kyodo) -- Japan and Mongolia reached a substantive free trade agreement on Tuesday featuring Ulan Bator's abolition of its tariffs on most Japanese automobiles in 10 years. The size of the bilateral trade is relatively small, but Tokyo ap

    July 22, 2014 11:38 pm JST
  • Japan, Mongolia to reach broad agreement on trade pact

    TOKYO -- The Japanese and Mongolian governments are expected to agree on the rough outline of an economic partnership agreement when Prime Minister Shinzo Abe and President Tsakhiagiin Elbegdorj meet Tuesday. The two sides likely reached a conse

    July 22, 2014 04:46 am JST
  • Japan's KDDI, Sumitomo set out to develop Myanmar's wireless frontier

    TOKYO/YANGON -- Major wireless carrier KDDI and trading house Sumitomo Corp. have established a joint venture to enter Myanmar's nascent mobile service market. The Japanese companies on Wednesday announced they will invest some 200 billion yen (

    July 17, 2014 07:00 pm JST
  • Pact cools Afghan confrontation -- for now

    KABUL -- An agreement brokered by U.S. Secretary of State John Kerry has defused the political crisis over the results of Afghanistan's contentious election that had threated to pull the country apart, but the situation remains volatile. Former

    July 17, 2014 12:00 am JST
  • Gregory Poling: Asia's democratic growing pains

    Asia analysts have spent a considerable amount of time wringing their hands over the perceived retreat of democracy and its institutions in the region. Contested elections in Cambodia and Malaysia in 2013 fed this sense of gloom, and Thailand's mili

    July 17, 2014 12:00 am JST
  • Pact cools Afghan confrontation -- for now

    KABUL -- An agreement brokered by U.S. Secretary of State John Kerry has defused the political crisis over the results of Afghanistan's contentious election that had threatened to pull the country apart, but the situation remains volatile. Forme

    July 14, 2014 07:00 pm JST
  • Afghan 'sheep stuffing' hubbub plays out on social media

    KABUL -- The jubilation that swept through Afghanistan after the first round of the presidential election has quickly been replaced by simmering tension, as the country's first democratic transfer of power since 2001 struggles to gain legitimacy.

    July 1, 2014 01:00 pm JST
  • Noodle giant Indofood cooking up global strategy

    JAKARTA -- Indofood Sukses Makmur, Indonesia's largest instant noodle maker, is getting ready to take on other parts of the world, launching production in Serbia and considering building a factory in Kazakhstan. A supermarket in downtown Cairo i

    June 28, 2014 05:10 am JST
  • Japan's Ministop quitting Kazakh market

    TOKYO -- Japanese convenience store operator Ministop said Monday that it is pulling out of Kazakhstan, citing a change of heart by local partner Lancaster Group following a shift in economic conditions since the February devaluation of the local cu

    June 24, 2014 03:33 am JST
  • Escaping the wage cage

    June 19, 2014 12:00 am JST
  • Malaysia makes $8B oil, gas investment in Turkmenistan

    KUALA LUMPUR -- Malaysia has invested $8 billion to boost its oil and gas production in Turkmenistan. The investment was unveiled by Prime Minister Najib Razak at the end of his two-day official visit to Ashgabat, the capital of Turkmenistan, la

    June 16, 2014 05:20 pm JST
  • Japan exporting cutting-edge vegetable factories

    TOKYO -- Japanese companies are increasingly looking to export their state-of-the-art vegetable factories and aquaculture facilities. Taikisha has received an order from a client in Southeast Asia to build a lettuce factory by the end of next ye

    May 31, 2014 01:00 pm JST
  • ADB shifts focus to fostering growth of middle class

    ASTANA, Kazakhstan -- The Asian Development Bank is redefining its principal mission, as healthy economic growth in many Asian countries reduces poverty sharply and expands the ranks of the middle class. The ADB is now shifting the focus of its

    May 11, 2014 07:00 am JST
  • Japan's Keio University plans all-English courses

    TOKYO -- Japan's Keio University will in fall 2016 enable students in the economics department to take all classes in English. Students will be able to take a wide range of business-related courses, and serve internships at numerous companies an

    May 10, 2014 07:00 am JST
  • ADB to bolster lending capacity

    ASTANA--The Asian Development Bank is boosting its lending power in an effort to accelerate poverty reduction in the region. Speaking Friday at the opening press conference in the ADB 47th Annual Meeting 2014, President Takehiko Nakao said t

    May 2, 2014 08:30 pm JST
  • Mongolia's green power pioneers keep Asian Super Grid dream alive

    ULAN BATOR -- There is another name for Mongolia: Land of the Eternal Blue Sky. Take the country's many hours of sunshine and add its wild, windswept steppes, and you would think it is a renewable energy paradise. In reality, 95% of Mongolia's p

    April 24, 2014 12:00 am JST
  • Malaysia's Khazanah Nasional dips deeper into Turkey

    KUALA LUMPUR -- Malaysia's state-owned investment fund, Khazanah Nasional, has increased its investment in Turkey to over $2 billion, it said in a statement. Khazanah has spent $1.4 billion since 2008 through companies under its holding through inve

    April 22, 2014 12:00 pm JST