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  • Hopes high as Afghan soccer league kicks off

    KUALA LUMPUR -- August is a busy month for domestic soccer around the world. The English Premier League, Spain's La Liga and Germany's Bundesliga all kicked off their new seasons in the second half of the month. And so did the Afghan Premier League.

    September 1, 2016 11:00 am JST
  • Islamic State under pressure in Afghanistan

    BISHKEK -- The strength and influence of Islamic State appear to be under pressure in Afghanistan, despite a deadly suicide bomb attack by an offshoot of the group in Kabul in July that killed 80 people and injured 231.The IS offshoot, which calls i

    August 31, 2016 04:30 pm JST
  • Chinese embassy in Kyrgyzstan hit in suicide bombing

    BISHKEK -- A suicide bomber drove a car into the gates of China's embassy in the capital of Kyrgyzstan Tuesday morning, killing the driver and injuring three employees.Kyrgyz authorities called it a "terrorist" attack. The injured, two of whom are s

    August 30, 2016 06:52 pm JST
  • Rainer Michael Preiss -- It's not clear sailing yet, but the worst may be over for Mongolia

    Most people know Mongolia in the context of Genghis Khan and the history of how one extraordinary man created an empire that would help shape world history. More recently, investors know it as the onetime darling of the global mining industry and a

    August 25, 2016 12:00 pm JST
  • Commentary

    Rainer Michael Preiss -- Bottom nears for Mongolia

    Most investors know about Mongolia in the context of Genghis Khan and the startling history of how one extraordinary man from a remote corner of the world created an empire that led the world into the modern age.More recently, Mongolia was the darli

    August 23, 2016 02:30 pm JST
  • Mongolia raises interest rate to 15% to fight currency slide

    Mongolia hikes up interest rates to a record level of 15%.

    DALIAN, China -- Mongolia's central bank has lifted the country's key interest rate by 4.5 percentage points to 15% in a desperate move to halt the home currency's decline amid capital flight triggered by plunging resource prices.Thursday's hike cam

    August 20, 2016 06:15 am JST
  • Commentary

    Raj Kumar Sharma -- Afghan uncertainty has Russia hedging its bets

    Afghanistan became Russia's neighbor in the second half of the 19th century when the Central Asian landmass came under the rule of the Czarist empire. Ever since, developments in Afghanistan have had security implications for Moscow.In its Foreign P

    August 2, 2016 03:50 pm JST
  • Energy majors look to Asia-Pacific for growth

    FRANKFURT, Germany/NEW YORK -- American and European energy giants have begun pouring money into the Asia-Pacific region to tap a growing market, especially as crude prices show signs of a modest recovery.Exxon Mobil of the U.S. announced July 21 th

    August 1, 2016 03:30 am JST
  • Abdication is not all that unusual in Asia

    BANGKOK Even before Imperial household sources revealed on July 13 that Japan's Emperor Akihito has contemplated vacating the throne within his lifetime, abdication was by no means unheard of in Asia.Bhutan and Cambodia have both seen painless abdic

    July 21, 2016 12:00 pm JST
  • ASEM delegates ask Beijing to play by the rules

    ULAANBAATAR Leaders from 51 Asian and European countries agreed to uphold a "rules-based" global order on July 16, at the end of a summit intended to focus on economic cooperation but dominated by discussion of geopolitical tensions and terrorism."A

    July 21, 2016 12:00 pm JST
  • ASEM affirms 'rules-based' order after South China Sea ruling

    ULAANBAATAR -- Leaders from 51 Asian and European countries agreed to uphold a "rules-based" global order on Saturday at the end of a summit intended to focus on economic cooperation but dominated by discussion on geopolitical tensions and terrorism

    July 16, 2016 09:09 pm JST
  • Eurasian leaders at ASEM back Erdogan amid Turkey's coup

    ULAANBAATAR -- European and Asian countries have called for the restoration of Turkey's "constitutional order" after a coup attempt shook up a major regional summit here.EU leaders, including German Chancellor Angela Merkel and Finish Prime Minister

    July 16, 2016 07:25 pm JST
  • Beijing eager to avoid isolation after South China Sea ruling

    ULAANBAATAR -- Japan and China agreed Friday to take a united stance on the global economy and the fight against terrorism, as Beijing seeks to rebuild its ties to the international community after disregarding a recent ruling over its claims in the

    July 16, 2016 06:20 am JST
  • Abe calls on Li to abide by South China Sea ruling

    ULAANBAATAR -- Japanese Prime Minister Shinzo Abe on Friday urged Chinese Premier Li Keqiang to respect the recent ruling by a Hague tribunal against Beijing's claims in the South China Sea, but Li simply retorted that Tokyo had no role in the dispu

    July 16, 2016 06:13 am JST
  • Japan to dispatch defense attache to Mongolia

    ULAANBAATAR -- The leaders of Japan and Mongolia agreed Thursday to cooperate in the fight against terrorism, with Japan to station a defense officer here to strengthen security ties between the two nations.Japanese Prime Minister Shinzo Abe met wi

    July 15, 2016 02:00 am JST
  • Japanese snacks taking on the world

    TOKYO -- Japan's declining birthrate is not good news for the country's traditional candy stores, but the dagashi, or penny candy, industry is finding new markets all across the globe.Small boxes of bubble gum with distinctive orange illustrations a

    July 13, 2016 03:00 pm JST
  • Mogi Badral Bontoi: Mongolia's new government could be in for a short honeymoon

    The resounding defeat of the Democratic Party in Mongolia's election came down to two key issues: the economy and unemployment.The left-wing Mongolian People's Party has capitalized on this to return to power after a four-year absence. Upon taking o

    July 7, 2016 12:00 pm JST
  • Commentary

    Mogi Badral Bontoi -- Mongolia's new government could face a short honeymoon

    Mongolia voted out the ruling Democratic Party on June 29, and returned the left-wing opposition Mongolian People's Party to power after a four-year absence, handing it a clear victory in parliamentary and local elections.With economic growth close

    July 2, 2016 01:07 am JST
  • Economy top priority for Mongolia's new ruling party

    ULAANBAATAR -- Fresh off its blowout victory in the parliamentary election, the Mongolian People's Party has begun selecting a prime minister and a cabinet as it prepares to turn the economy around.The MPP now must shoulder heavy responsibilities, s

    July 1, 2016 03:39 am JST
  • Sharp to boost solar cell business in Asia

    OSAKA -- Sharp is expanding its solar cell operations in Asia by building large-scale solar farms and selling home solar panels in new markets.The company is partnering with companies in Mongolia, the Philippines and Indonesia to build megasolar pow

    June 30, 2016 03:45 am JST