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  • China in South Pacific

    Making overtures to island nations in strategic backyard

    BEIJING -- China is offering generous financial support to countries in the South Pacific in hopes of strengthening its economic and military influence and eclipsing the Taiwanese and American presence in the region. President Xi Jinping met Sat

    November 24, 2014 03:08 am JST
  • Slippery commodity

    Crude oil prices may face protracted slump

    TOKYO -- International crude oil prices have continued to tumble since this past summer, with U.S. crude oil futures declining to half the record high of $147 a barrel set in 2008. Lower oil prices will lead to improvements in corporate earnings

    November 23, 2014 01:00 pm JST
  • Garment industry shift

    Vietnam emerges as next big factory floor

    TOKYO/YANGON -- Cost-sensitive garment businesses around the world increasingly regard Vietnam as a top choice for production, in anticipation of a trans-Pacific trade deal that would eliminate tariffs on clothes entering the U.S. A factory esta

    November 22, 2014 06:41 am JST
  • US bond sales

    Alibaba issues $8B in corporate bonds

    NEW YORK -- Alibaba Group Holding issued $8 billion in corporate bonds here Thursday, one of the largest single issuances of dollar-denominated bonds by an Asian company. The Chinese e-commerce giant issued two $2.25 billion portions, one in fiv

    November 22, 2014 05:26 am JST
  • Lithium-ion batteries

    Marubeni sells US electrode carbons in Asia

    TOKYO -- Japanese trading house Marubeni has broadened its battery business, selling advanced electrode materials for use in lithium-ion batteries to battery manufacturers in South Korea and China. The materials come from EnerG2, based in Seattl

    November 22, 2014 01:17 am JST
  • Japanese automakers race ahead

    Toyota leads pack with record net profit

    TOKYO -- Japanese automakers enjoyed solid earnings for the fiscal 2014 first half, helped by a weak yen and robust North American market, while recall woes and unfavorable exchange rates eroded profits at U.S. and South Korean rivals. The Nikke

    November 21, 2014 02:13 am JST
  • Washington, the AIIB and Taiwan

    US not fighting China-backed fund, senior official says

    TAIPEI -- Striking a reconciliatory tone, a senior U.S. diplomat said Thursday that Washington is not trying to undermine Chinese efforts to create a fund aimed at helping develop infrastructure in Asia. The statement by Kurt Tong, U.S. principl

    November 20, 2014 06:00 pm JST
  • New low-cost manufacturers

    US, Mexico identified as increasingly competitive

    TOKYO -- The U.S. and Mexico have emerged as new low-cost manufacturing economies, but Brazil and other emerging nations have seen their cost competitiveness decline, according to a report by the Boston Consulting Group. The U.S.-based cons

    November 20, 2014 01:00 pm JST
  • Emerson's $21M commitment

    US electrical engineering company opens pair of Singapore facilities

    SINGAPORE -- Emerson of the U.S. on Tuesday opened two facilities in Singapore, including a sensor manufacturing plant. The electrical engineering company's total investment of $21 million is aimed at better serving Asian customers in the oil and ga

    November 20, 2014 10:24 am JST
  • Islamic State: The new face of terror

    In its quest to acquire manpower and support for its operations in Syria and Iraq, the Islamic State militant group is making deep inroads into Asia -- and achieving a level of success that al-Qaida could only have dreamed of. The growing presence o

    November 20, 2014 12:00 am JST
  • Kamal Alam: Syria offers clues to Islamic State's future in Asia

    One of the more remarkable documents found in the Osama bin Laden compound included a letter to the Islamic State group of Iraq and Syria cautioning Abu Musab al-Zarqawi over his group's extreme violence. The insurgency in Fallujah and Tal Afar

    November 20, 2014 12:00 am JST
  • Joshua Walker: Reimagining the US-Japan alliance

    On the cusp of the 70th year since the end of World War II, the U.S.-Japan relationship could benefit from closer scrutiny. The alliance has weathered many storms over the decades, and it is important to celebrate its past achievements. But it is ev

    November 20, 2014 12:00 am JST
  • Gi-Wook Shin: Can Asia emulate Silicon Valley?

    The city of Cupertino, California, is only about 15km from Stanford University, where I teach and live. It is home to the headquarters of Apple, a global leader in the computer and smartphone industries. It is also home to many Indian and Chinese en

    November 20, 2014 12:00 am JST
  • Taiwan must balance US, China when talking trade

    TAIPEI -- Taiwan President Ma Ying-jeou said last week that Taiwan will make the utmost efforts to secure its early participation in both the Trans-Pacific Partnership, a U.S.-led set of free trade negotiations that excludes China, and the Regional

    November 20, 2014 12:00 am JST
  • 2020 Olympics

    GE sees big opportunity in Japan

    TOKYO -- General Electric sees the 2020 Tokyo Olympic as a big opportunity for the U.S.-based company to expand its footprint in Japan, according to CEO Jeffrey Immelt. GE held "Tokyo 2020 and Beyond" in the capital on Wednesday. Immelt spoke du

    November 19, 2014 08:20 pm JST
  • Obama's uphill battle

    US president's armored car and gum-chewing drew lots of attention in China

    TOKYO - U.S. President Barack Obama was standing silently beside Chinese President Xi Jinping, who had a tight smile plastered on his face. Just then, Russian President Vladimir Putin came to stand on the other side of the Chinese leader. It was

    November 19, 2014 07:00 pm JST
  • Standard & Poor's

    JGB rating hinges on structural reforms

    SINGAPORE -- Japanese Prime Minister Shinzo Abe said Tuesday night that he will postpone next October's consumption tax hike from 8% to 10% and dissolve the lower house on Friday. He made the announcement during a press conference at the prime minis

    November 19, 2014 07:00 pm JST
  • 7.8M cars affected

    Recall of Takata air bags expanded to whole of US

    LOS ANGELES -- U.S. authorities have ordered a nationwide recall of vehicles with faulty air bags made by Takata of Japan. So far, more than 7.8 million cars have been recalled. A senior official at the National Highway Traffic Safety Administra

    November 19, 2014 05:40 pm JST
  • Tax time-out

    Abe finds global sympathy for delay

    TOKYO -- The world is greeting Prime Minister Shinzo Abe's decision to postpone a tax increase on consumers with a mixture of relief that the Japanese economy will be spared another blow and concern about the fiscal repercussions. In China and S

    November 19, 2014 05:34 am JST
  • Actavis deal

    Mizuho helping with $45B bridge loan for Allergan takeover

    TOKYO -- Mizuho Bank is joining JPMorgan Chase and Wells Fargo in financing Actavis' purchase of fellow U.S. drugmaker Allergan, a sign of Japanese lenders' rising prominence in the deals business. The three banks will provide a $45 billion brid

    November 19, 2014 12:33 am JST