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  • Leicester City hopes fairy tale wins fans in Asia

    SEOUL -- Fans, journalists and players around the world are coming to terms with the success of a team full of previously unknown names who have now become international stars thanks to Leicester City's unlikely victory in the English Premier League

    May 3, 2016 08:00 pm JST
  • Commentary

    Carla Hoorweg -- Building an Asia-wide fund market

    The achievement of a broad Asia-Pacific free trade area may remain a far-off goal, but real progress is meanwhile underway in the funds industry.The Asia Region Funds Passport, an initiative of the Asia-Pacific Economic Cooperation forum, is set to

    May 3, 2016 03:22 pm JST
  • Amazing Leicester celebrate fairytale title success

    LONDON (Reuters) -- Leicester City's Premier League title dream became reality on Monday as their only remaining challengers Tottenham Hotspur drew 2-2 at Chelsea to complete one of the greatest ever sporting achievements.The result provoked an outp

    May 3, 2016 07:48 am JST
  • Kishida stresses rule of law at S. China Sea in talks with Thai PM

    BANGKOK (Kyodo) -- Japan's Foreign Minister Fumio Kishida said Monday he agreed with Thai Prime Minister Gen. Prayut Chan-o-cha in Bangkok on the importance of resolving maritime security issues based on international law.Kishida told reporters afte

    May 2, 2016 09:10 pm JST
  • Interview

    ASEAN needs Schengen-like system: top Thai business school head

    BANGKOK -- If Southeast Asian countries want to make their common market more effectively function as a pan-regional economy, they should accelerate the free movement of people, according to the head of the region's top business school.In an intervi

    May 2, 2016 04:00 pm JST
  • Japan foreign minister voices support for ASEAN Economic Community

    BANGKOK (Kyodo) -- Japanese Foreign Minister Fumio Kishida met with his Thai counterpart Don Pramudwinai in Bangkok on Sunday, expressing support for an economic community formed by the 10-member Association of Southeast Asian Nations late last year

    May 1, 2016 10:56 pm JST
  • Foreign players descending on Japan's solar power market

    TOKYO -- Foreign energy companies are pouring into Japan for a slice of its solar power market, drawn by the high prices offered under the country's feed-in-tariff renewable energy program.Even though the Japanese government is lowering solar power

    April 30, 2016 03:35 am JST
  • Thailand's Central Group wins Vietnam's Big C for $1bn

    BANGKOK -- France's Casino Group announced Friday that it will sell its Big C supermarket operations in Vietnam to Thailand's retail giant Central Group for 1 billion euros ($1.14 billion).Big C Vietnam is one of the major retailers in Vietnam and o

    April 29, 2016 09:48 pm JST
  • Nissan launches regional R&D test facility in Thailand

    BANGKOK -- Nissan Motor has opened a Thai research and development hub complete with a testing facility.The Nissan Motor Asia Pacific R&D Test Center was built on a 6,600 sq. meter plot for a total of 1 billion baht ($28.5 million). Equipped with su

    April 29, 2016 05:24 am JST
  • Thai banks see profits plunge in Q1, cut rates to boost loans

    BANGKOK -- A prolonged slump in Thailand's economy has sent profits falling at its big four banks, prompting them to simultaneously make cuts to lending rates.Combined net profits at Bangkok Bank, Krung Thai Bank, Siam Commercial Bank and Kasikornba

    April 29, 2016 12:45 am JST
  • Water shortages spread misery along the Mekong

    KHON KAEN, Thailand Trucks packed with sugar cane raise clouds of dust as they cross a flat, parched field in northeast Thailand. The stout brown stalks they carry are among the last to be harvested outside Khon Kaen, the region's largest city. But

    April 28, 2016 12:00 pm JST
  • Water shortages spread misery along the Mekong

    KHON KAEN, Thailand -- Trucks packed with sugar cane raise clouds of dust as they cross a flat, parched field in northeast Thailand. The stout brown stalks they carry are among the last to be harvested outside Khon Kaen, the region's largest city. B

    April 28, 2016 12:00 pm JST
  • Commentary

    Brahma Chellaney: Policymakers must come to grips with Asia's looming water crisis

    The record drought that is ravaging large parts of Asia will end when the annual monsoon rains come in June. This will bring much-needed relief to those suffering in parched lands -- from the millions who live in Vietnam's Mekong Delta to more than

    April 28, 2016 12:00 pm JST
  • Brahma Chellaney: Policymakers must come to grips with Asia's looming water crisis

    The record drought that is ravaging large parts of Asia will end when the annual monsoon rains come in June. This will bring much-needed relief to those suffering in parched lands -- from the millions who live in Vietnam's Mekong Delta to more than

    April 28, 2016 12:00 pm JST
  • Japanese pop culture purveyors warm to piracy-heavy Thailand

    BANGKOK Japan's purveyors of pop culture are starting to take Thailand -- known as a hotbed of piracy -- more seriously as an export destination for the genuine article. Japanese publisher Kadokawa in March opened its first animation school in

    April 28, 2016 12:00 pm JST
  • Siam Cement sets sights on Vietnamese plant

    BANGKOK -- Industrial conglomerate Siam Cement Group is looking at operating its first cement plant in Vietnam as the next step in the company's expansion abroad. Vietnam is the only Southeast Asian country in the Mekong region for which the Tha

    April 28, 2016 01:57 am JST
  • Commentary

    George Magnus: Managing Asia's debt problem

    The Bank of Japan's interest rate setting meeting on April 28 is the focus of attention this week for many central bank watchers. For the rest of us, it is of fleeting significance: There is as much likelihood of monetary policy sparking a revival o

    April 27, 2016 07:00 pm JST
  • Widodo in 'host mode' affirms Jakarta's ASEAN commitment

    JAKARTA -- Indonesian President Joko Widodo was in a jovial mood on April 26 as he greeted a group of senior editors from Association of Southeast Asian Nations countries at his presidential palace and ushered them in to lunch. The buffet "worki

    April 27, 2016 03:00 pm JST
  • Nippon Paper eyes 'roasted' wood pellets as earnings source

    TOKYO -- Nippon Paper Industries will begin tests next spring on a process it plans to use to mass-produce efficient-burning wood pellets as a biomass fuel for electricity generation starting in fiscal 2018. The so-called torrefied wood gets its

    April 27, 2016 03:37 am JST
  • Malaysian market wrap

    Shares plunge, ringgit slides on 1MDB default

    KUALA LUMPUR (NewsRise) -- Malaysian shares ringgit chalked their worst single-day percentage loss in over three months Tuesday and the ringgit slipped, as a default by state investment fund 1Malaysia Development on its interest payment further sour

    April 26, 2016 07:37 pm JST