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  • Getting realistic about retirement

    We all like stories with happy endings. "Work hard and then retire easy" is one example. In Asia we certainly get the work part right. But securing the fairy tale ending -- of travel, hobbies and time with family and friends -- will require a bi

    February 6, 2014 12:00 am JST
  • Demographic clocks ticking all across Asia

    East Asia's demographic clock is ticking, and it's loudest in Japan. But by the middle of the century South Korea may face an equal aging challenge, with China not far behind. Meanwhile, few East Asians are confident of an adequate standard of livin

    February 6, 2014 12:00 am JST
  • Kakao hopes to be talk of South Korea's stock market

    SEOUL -- The South Korean company behind the popular smartphone call and chat app KakaoTalk plans to go public next year, according to Lee Sirgoo, the company's co-CEO. Kakao aims to make an initial public offering in May 2015, Lee said. The

    February 6, 2014 12:00 am JST
  • Lenovo aims to repeat PC trick with Motorola buy

    BEIJING -- Chinese personal computer giant Lenovo Group said Jan. 30 it will buy Motorola Mobility, a mobile device maker, from Internet search giant Google, just days after announcing it was acquiring IBM's low-end server business. In less than

    February 6, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Cheung Kong's Li: Guessing game continues on succession

    HONG KONG -- Li Ka-shing is not through cashing in on his success yet. His son Victor may have to wait to take center stage. "I am ready to retire, but have no immediate plans to do so," Hong Kong tycoon Li Ka-shing said in a late November inter

    February 6, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Is Uno sitting on a house of cards?

    JAKARTA -- Sandiaga Uno heads the Saratoga group, a relatively new Indonesian conglomerate that has in recent years seen high growth. Saratoga Investama Sedaya, an investment company at the heart of the group, went public in 2012. It suffered a loss

    February 6, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: QL's Chia does not mince around

    SINGAPORE -- Chia Song Kun's rags-to-riches story begins in a poor fishing village. Malaysia's QL Resources, Asia's largest minced fish producer, is headed by Chia Song Kun, the founder and managing director of the company. Chia started his vill

    February 6, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Fernandes refuses to let go of Japan

    SINGAPORE -- AirAsia CEO and founder Tony Fernandes has not finished with Japan. Southeast Asia's leading budget airline will be back in the land of the rising sun, Fernandes insists. AirAsia last year pulled out of Japan, dissolving a partnersh

    February 6, 2014 12:00 am JST
  • Half of South Korean firms in Japan pessimistic about 2014

    SEOUL -- South Korean companies operating in Japan are painting a grim picture of business in 2014, expecting an unfavorable won-yen exchange rate to sour profits. Half of such firms polled by the Korea International Trade Association in late Ja

    February 5, 2014 02:23 am JST
  • Asia betting big on 'casino-omics' for tourism growth

    TOKYO -- Hoping to replicate Singapore's tourism success story, Asian nations are in a race to develop their own resorts that offer accommodations, shopping opportunities and gambling. On Jan. 22, about 140 business chiefs from the Japanese real

    February 5, 2014 02:16 am JST
  • New blood feeds fresh competition in Korean convenience stores

    SEOUL -- Two of South Korea's biggest supermarket operators are ushering in another stage of growth for the convenience store industry here. Last month, the Shinsegae group bought With Me, which runs 88 convenience stores. It plans to scale up the

    February 5, 2014 02:00 am JST
  • Chinese, Russian oil companies vie for firmer foothold in Mideast

    TOKYO -- Russian and Chinese oil and gas companies are cutting a stronger profile in the Middle East as U.S. rivals increasingly channel their energies into North America's shale gas boom. Iraq, which after Saudi Arabia boasts the region's large

    February 5, 2014 01:58 am JST
  • North Korea's warmer words toward South Korea stir concern

    SEOUL -- There have been signs from North Korea recently of a warming attitude toward South Korea. The difficulty is in assessing what North Korea's intentions are this time. On Jan. 16, North Korea announced an "important proposal," suggesting

    February 4, 2014 07:00 pm JST
  • Philippines hopes Pangilinan can make a pipeline for peace

    MANILA -- Does Manuel Pangilinan hold the key to solving a territorial dispute between the Philippines and China? The government in Manila thinks so. Politicians in the Philippines are looking to Pangilinan, chairman of Philex Mining, for advice

    February 4, 2014 05:00 pm JST
  • Ang angles for San Miguel diversification

    MANILA -- Ramon Ang is considered an effective and powerful leader who can "execute the country's national strategy all alone" in the Philippines. The president of San Miguel oversees his company's domination of the domestic beer market. San Miguel

    February 4, 2014 05:00 pm JST
  • Vietnam's Vuong aims to fight back

    HANOI -- Pham Nhat Vuong has found strength in adversity. Vingroup, a major Vietnamese property developer, on Christmas Eve opened a shopping and entertainment complex, named Vincom Mega Mall Times City, in Hanoi. The facilities were swamped wit

    February 4, 2014 05:00 pm JST
  • China investment pours into Vietnam textile industry on free trade hopes

    HANOI -- Chinese companies are showing strong interest in Vietnamese textile companies, with an eye toward using the Southeast Asian country as an export base for the U.S. once the Trans-Pacific Partnership free trade agreement is in force. Viet

    February 3, 2014 01:00 pm JST
  • Nippon Steel & Sumitomo Metal turns profit tables on Posco

    TOKYO -- Nippon Steel & Sumitomo Metal is emerging stronger from its merger, leaving South Korean rival Posco behind in terms of profitability, thanks to stronger demand at home and successful cost-cutting. The Japanese steelmaker released stell

    February 3, 2014 01:00 pm JST
  • Namco Bandai finds winning combo in exporting pop idol show, game

    TOKYO -- Japanese toymaker Namco Bandai Holdings is bringing its popular girl-oriented "Aikatsu!" TV animation and trading card game overseas. So far, it has proved a hit in Hong Kong and South Korea, and now the company hopes to repeat this success

    February 1, 2014 01:00 pm JST
  • Lenovo aims to repeat PC trick with Motorola buy

    BEIJING -- Chinese personal computer giant Lenovo Group said Thursday it will buy Motorola Mobility, a mobile device maker, from Internet search giant Google, just days after announcing it was acquiring IBM's low-end server business. In les

    January 31, 2014 07:00 pm JST