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  • Southeast Asian summit statement packs less of a punch on China

    MANILA The Association of Southeast Asian Nations is celebrating 50 years of togetherness this year, but the focus at its latest summit was how the bloc would handle an issue that divides its members: territorial friction with Beijing in the South C

    May 4, 2017 10:00 am JST
  • New Pacific trade pact goes against the protectionist tide

    AUCKLAND With international trade deals around the world breaking down, a new pact among 14 Pacific nations offers hope of progress even if its impact is likely to be mostly symbolic.Australia, New Zealand and 12 smaller island nations are to sign t

    May 4, 2017 10:00 am JST
  • Vietnam to launch covered warrants in Q3

    HO CHI MINH CITY -- The local stock exchange plans to launch covered warrants in the third quarter to expand investment choice and attract more foreign capital to the market.Foreign investors are only allowed to hold 30-49% of some companies. As suc

    May 3, 2017 10:35 pm JST
  • ADB to launch infrastructure project referee program

    MANILA -- The Asian Development Bank plans to start a program to mediate conflicts between public and private sector entities in Asia's infrastructure developments. The bank will announce the program at its annual meeting, which starts Thursday in Y

    May 3, 2017 04:00 pm JST
  • The ADB faces up to new challenges

    TOKYO -- Asia has seen remarkable growth in recent decades, but it still needs to improve power grids, roads, waterworks and other infrastructure, both to sustain that growth and as a result of it. Asian economies also need to attract private-sector

    May 3, 2017 01:00 pm JST
  • Interview

    ADB chief sees 'even bigger role' for multilateral lenders

    MANILA -- Asian Development Bank President Takehiko Nakao sees three key ways in which the institution has paved the way for the region's economic emergence. He sat down with The Nikkei to talk about the lender's five-decade track record and what th

    May 3, 2017 12:20 pm JST
  • Vietnam manufacturing PMI falls to 54.1 in April

    TOKYO -- The Nikkei Vietnam Manufacturing Purchasing Managers' Index, or PMI, fell to 54.1 in April from March's 22-month high of 54.6.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."A record rise

    May 3, 2017 09:30 am JST
  • Talks kick off on 'TPP 11' pact minus US

    TORONTO -- Remaining signatories to the Trans-Pacific Partnership launched their first full-fledged negotiations Tuesday afternoon on a so-called TPP 11 trade pact without American participation as new senior partner Japan hoped for an agreement thi

    May 3, 2017 04:45 am JST
  • Job offers up in Indonesia, China: Tokyo staffing agency

    TOKYO -- Job offers jumped in Indonesia and China but dropped in Vietnam and South Korea during the January-March quarter, according to JAC Recruitment, a Tokyo-based employment agency that places highly specialized workers at the overseas sites of

    May 3, 2017 03:20 am JST
  • Tight labor, pollution in ASEAN spook Japan makers: Survey

    TOKYO -- Japanese manufacturers regard Southeast Asia as the most important region for their business, but they are leery about labor shortages and pollution there, a recent survey by Japan's Mizuho Research Institute revealed.The think tank conduct

    May 1, 2017 07:30 pm JST
  • Aeon plans wave of store openings in emerging Asia

    TOKYO -- Japanese retailer Aeon is preparing to open more small grocery stores in burgeoning Asian economies such as Cambodia and Vietnam, which have been growing at a 6%-plus clip in recent years. The company plans to open 30 stores in Cambodia, i

    May 1, 2017 01:00 pm JST
  • ASEAN makes concession to China

    MANILA -- In a nod to Beijing's lobbying, Southeast Asian leaders concluded a summit here on Saturday by avoiding references to China's island-building in the South China Sea and to a landmark arbitration ruling that rendered such projects illegal.T

    April 30, 2017 12:15 pm JST
  • ASEAN summit opens with concerns over threats to peace, stability

    MANILA (Kyodo) -- Leaders of the Association of Southeast Asian Nations kicked off their summit Saturday with Philippine President Rodrigo Duterte expressing concerns over threats to regional peace and stability, while also stressing the need to tac

    April 29, 2017 04:08 pm JST
  • Mazda counts on SUVs to traverse tough US market

    TOKYO -- Mazda Motor will tackle the rugged terrain of the American market with sport utility vehicles, hoping to ensure profit growth this fiscal year.The U.S. market is presenting automakers with a host of challenges, such as slowing new-car sales

    April 29, 2017 05:15 am JST
  • Earnings preview

    Daikin seen cruising to fourth straight record annual profit

    OSAKA -- Japanese air conditioner maker Daikin Industries likely enjoyed a fourth consecutive year of record profit in the fiscal year ended March, thanks largely to robust sales in Asian emerging markets.The 230 billion yen ($2.06 billion) operatin

    April 29, 2017 02:00 am JST
  • Kavi Chongkittavorn

    ASEAN at 50: Carry on soul searching?

    The slogan of ASEAN 2017 under its Philippine chairmanship -- "Partnership for Changes, Engaging the World" -- is telling. After five decades of existence, the Association of Southeast Asian Nations continues to do what it has always done best -- so

    April 28, 2017 11:50 pm JST
  • ASEAN airs 'grave concern' over North Korea missile tests

    MANILA -- The Association of Southeast Asian Nations on Friday became the latest body to voice anxiety over rising tensions in the Korean Peninsula. In a statement, ASEAN foreign ministers expressed their "grave concern over the escalation of tensio

    April 28, 2017 05:30 pm JST
  • Sharp to boost output of smartphone camera parts

    OSAKA -- Sharp will boost output of smartphone camera modules by adding production in Japan and acquiring a controlling stake in a Vietnamese manufacturing partner, with the aim of eventually doubling segment sales.The Japanese electronics company w

    April 28, 2017 05:00 am JST
  • Japan pursues currency swaps with ASEAN members

    TOKYO -- Japan seeks to establish bilateral currency swap frameworks with members of the Association of Southeast Asian Nations as a hedge against tight fund supplies in a financial crisis and also as a counter to the growing influence of the yuan.T

    April 28, 2017 04:50 am JST
  • Asia-Pacific leads global business travel

    BANGKOK -- Business travel within Asia is growing at twice the pace of the rest of the world and looks set to overtake the top-spending Americas within 10 years, according to research by the World Travel and Tourism Council, a leading industry body,

    April 27, 2017 11:20 pm JST