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  • Asia scrambles to put up defense amid global cyberattacks

    SINGAPORE -- Asian countries have managed to escape the global ransomware attacks over the weekend largely unscathed, but they are well aware of their vulnerabilities amid the growing popularity of smartphones and work culture in the region.Respondi

    May 17, 2017 06:10 am JST
  • Southeast Asia building up maritime defenses

    MANILA -- From Singapore to the Philippines, Southeast Asian nations are spending big on submarines and other vessels to ramp up their naval capabilities amid rising tensions in the South China Sea.The five major Southeast Asian countries have all i

    May 17, 2017 02:30 am JST
  • Japan to support export of coal, gas power technologies

    TOKYO -- Japan's industry ministry is set to support domestic industry's efforts to export low-emission gas and coal thermal power generation systems to developing countries.The program includes support for Japanese power companies' feasibility stud

    May 16, 2017 02:30 pm JST
  • Mitsubishi Jakarta factory to strive for Ghosn targets

    TOKYO -- Mitsubishi Motors is reinforcing production centers in Southeast Asia as part of its attempts to recover from last year's gas mileage data-falsification scandal.Having joined the Renault-Nissan Motor alliance, Mitsubishi is under pressure t

    May 16, 2017 02:00 pm JST
  • Itochu's streamlined Dole business returns to profit

    TOKYO -- Japanese general trading house Itochu is pressing ahead with a strategic selection and concentration policy for its Dole fresh produce and packaged foods business, which it purchased four years ago. Thanks partly to cost reductions due to a

    May 16, 2017 09:00 am JST
  • Thai Airways flies into turbulence with Q1 profit down 47%

    BANGKOK -- Thailand's ailing flag carrier Thai Airways International flew into turbulence in the first quarter with a 47% decline in net profit for the Jan.-March period, typically its peak season.Total revenue came in at 49.8 billion baht ($1.4 bil

    May 16, 2017 12:12 am JST
  • Advertising boost drops airfare at budget carrier

    BANGKOK -- On a recent flight aboard AirAsia from the Thai capital to Singapore, I unexpectedly saw a dazzling array of colorful cosmetics ads adorning the overhead storage bin doors.All of the ads are written in Chinese. They promote face masks, fo

    May 15, 2017 06:20 pm JST
  • MUFG to appoint its first foreign external board members

    TOKYO -- Mitsubishi UFJ Financial Group has decided to appoint Tarisa Watanagase, the former governor of the Bank of Thailand, and American lawyer Toby Myerson as its first foreign outside board members.MUFG has been expanding its overseas operation

    May 15, 2017 04:45 pm JST
  • US business schools losing edge to Asia

    TOKYO -- The Trump factor is just one reason why U.S. business schools are starting to lose their appeal in Asia, recent findings show.Nearly two-thirds of U.S. business schools say applications from international students have fallen this year. By

    May 13, 2017 03:00 pm JST
  • Rubber maker Sri Trang eyes 20% capacity boost this year

    BANGKOK -- Sri Trang Agro-Industry, the world's largest producer of natural rubber, plans to increase annual capacity by 20% to 2.9 million tons by year-end to take advantage of a market recovery.The company accounts for about 30% of output in its h

    May 13, 2017 02:00 am JST
  • One country's slump isn't ruining the Asia300 profit party

    HONG KONG -- The Asia300 -- Nikkei's curated selection of listed corporate standouts from across the region, excluding Japan -- took another knock last year, when its members' combined net profit suffered its first back-to-back decline in two decade

    May 11, 2017 06:00 pm JST
  • Bangkok's Chinatown at heart of heritage battle

    BANGKOK -- It is Friday night and Soi Nana is ablaze with lights. Most of the shop houses that line this 400-meter-long road in Bangkok's Chinatown have thrown their doors open. A photo exhibition about migrant workers is opening at Cho Why, a cultu

    May 11, 2017 01:00 pm JST
  • One country's slump isn't ruining the Asia300 profit party

    HONG KONG The Asia300 -- Nikkei's curated selection of listed corporate standouts from across the region, excluding Japan -- took another knock last year, when its members' combined net profit suffered its first back-to-back decline in two decades.

    May 11, 2017 10:00 am JST
  • Carlos Ghosn goes for glory with tie-up in Southeast Asia

    BANGKOK Carlos Ghosn knows what his automobile empire is missing, and he is on a mission to get it.The elusive piece of the puzzle is a larger slice of the Southeast Asian market. In Ghosn's nearly 20 years at the helm, the Renault-Nissan Alliance h

    May 11, 2017 10:00 am JST
  • Eye-opening Japan experience helped a Thai tycoon build an empire

    BANGKOK In 1955, an 18-year-old Thai found himself overwhelmed by the dazzle and bustle of a Japanese city. One minute, he was standing in a sea of neon lights in Shinsaibashi, a busy shopping district in Osaka. The next, he was looking at a subway

    May 11, 2017 10:00 am JST
  • ADB finds the 'Asian century' tantalizingly close

    YOKOHAMA, Japan In just five decades, Asia has changed beyond recognition, the Asian Development Bank was keen to inform participants at its 50th annual meeting, held in Yokohama from May 4.A promotional video played repeatedly during the four-day e

    May 11, 2017 10:00 am JST
  • Asian exports are healthy, but some see a downturn looming

    HONG KONG Exports have been growing at a healthy pace in Asia, and the region's manufacturing sector started the second quarter on a stronger footing, with all except two of the 12 economies surveyed by The Nikkei registering broad-based improvement

    May 11, 2017 10:00 am JST
  • Thitinan Pongsudhirak

    Trump promotes a 'pivot in Asia'

    It was bound to happen. With one brief trans-Pacific phone call to Thai Prime Minister Prayuth Chan-ocha, U.S. President Donald Trump replaced the playbook that has governed U.S.-Thairelations over the past decade with one that is likely to reorient

    May 10, 2017 09:55 pm JST
  • Nikkei Asia300 Index slips on caution after Trump fires Comey

    HONG KONG (Nikkei Markets) -- Asian stocks edged lower Wednesday as caution reigned after U.S. President Donald Trump abruptly dismissed the nation's top law enforcement official and as investors took profits in South Korean shares following preside

    May 10, 2017 08:14 pm JST
  • Thai Airways plans to expand yen financing

    HONG KONG -- Thai Airways International is looking at financing in Japanese yen and other currencies to reduce costs and offset the impact of a stronger U.S. dollar on its earnings.Thailand's flagship carrier pays nearly half of its operating expens

    May 10, 2017 07:50 pm JST