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  • Asia can withstand an early Fed taper

    The U.S. economy is holding up better than expected. Job growth has accelerated in recent months, and GDP expanded impressively in the third quarter. The Fed may thus decide to ease up on quantitative easing in the coming months. True, inflation is

    November 28, 2013 01:00 pm JST
  • Resource crisis threatens Asia's rise

    Asian economies facing a domestic resource crunch are being forced increasingly to rely on imported mineral ores, timber and fossil fuels, bringing international supplies under pressure and triggering price volatility. Yet Asia, paradoxically, is th

    November 28, 2013 01:00 pm JST
  • China tangles with US, neighbors over lines in the sky

    WASHINGTON -- America has flouted China's attempt to control air traffic over a swath of the East China Sea, an area already crisscrossed by competing territorial claims, by dispatching two unarmed B-52 bombers. China's newly announced air defen

    November 28, 2013 07:00 am JST
  • Toshiba enters China's growing air purifier market

    TOKYO (Nikkei) -- Toshiba Home Appliances has begun selling air purifiers in China and expects to account for 5% of all Japanese-made models sold there in the first year alone. The Toshiba group company's optimism is based on the unique design o

    November 28, 2013 03:06 am JST
  • Korean cosmetics companies give Asia a makeover

    HANOI -- Cosmetics makers from South Korea are expanding their reach to the rest of Asia, heating up competition in a market projected to grow past 10 trillion yen ($98.7 billion) by 2017."Look at how your skin is dry," said a cosmetics clerk at a s

    November 28, 2013 12:00 am JST
  • Is Hu Chunhua heading for national leadership?

    GUANGZHOU, China -- "Guangdong's development is not yet well-balanced. I want to do something to help it," says Hu Chunhua, the province's party chief, whenever he meets leaders from abroad. This province, which has been headed by Hu since late

    November 28, 2013 12:00 am JST
  • China's billionaire investor a lot like Buffett

    SHANGHAI -- They call Guo Guang-chang "China's Buffett." The allusion is to Warren Buffett, the American billionaire investor. Guo Guangchang is chairman of the Fosun Group, a Shanghai-based private investment company he founded in 1992 with thr

    November 28, 2013 12:00 am JST
  • Are we seeing the emergence of 'dictator' Xi?

    HONG KONG -- The major message from the recent meeting of China's top officials is not about the economy, but about a political power struggle and the strengthened position of Xi Jinping, according to veteran China-watcher Willy Lam. Speaking to

    November 28, 2013 12:00 am JST
  • China tries to take some air out of its potential real estate bubble

    SHANGHAI (Nikkei) -- The Chinese government is tightening rules for home purchases as skyrocketing real estate prices nationwide portend a housing bubble. Prices of new residential buildings in Shanghai jumped 21.4% on the year in October, accor

    November 28, 2013 12:00 am JST
  • China may be on cusp of liberalizing financial markets

    SHANGHAI (Nikkei) -- President Xi Jinping's government is facing mounting pressure to reinforce the country's financial watchdogs and set up a deposit insurance system. If he does not heed the warnings, the country's financial infrastructure, which

    November 28, 2013 12:00 am JST
  • Asian powerhouses get serious on security

    TOKYO (Nikkei) -- Observers of East Asian security issues have a new conundrum to chew on: How will the nature of Japan and China's new military councils affect regional politics? Japan and China are boosting their security capabilities as tensi

    November 28, 2013 12:00 am JST
  • Asia can withstand an early Fed taper

    The U.S. economy is holding up better than expected. Job growth has accelerated in recent months, and GDP expanded impressively in the third quarter. The Fed may thus decide to ease up on quantitative easing in the coming months. True, inflation is

    November 28, 2013 12:00 am JST
  • Resource crisis threatens Asia's rise

    Asian economies facing a domestic resource crunch are being forced increasingly to rely on imported mineral ores, timber and fossil fuels, bringing international supplies under pressure and triggering price volatility. Yet Asia, paradoxically, is th

    November 28, 2013 12:00 am JST
  • Taiwan, China steal Japan's thunder in carbon nanotubes

    TOKYO -- Decades ago, Japanese scientists were the first to discover carbon nanotubes. Today, however, the leading innovations in this field are coming from elsewhere, including Taiwan, China and the U.S. Taiwanese and Chinese companies are star

    November 28, 2013 12:00 am JST
  • China's Wahaha throws its weight behind 'baijiu' liquor business

    SHANGHAI -- Hangzhou Wahaha Group, China's largest beverage company, is getting into "baijiu," China's most popular liquor. It recently tied up with a distillery in Guizhou Province, the home of baijiu production, and plans to market the liquor thro

    November 27, 2013 07:00 pm JST
  • Current pollution rules not enough to clear Beijing's skies

    The Huairou district 50km north of central Beijing is famous mainly for two things -- having a portion of the Great Wall and its magnificent view of the Beijing skyline. One of these claims to fame is becoming more rare. One day in early Novembe

    November 27, 2013 01:00 pm JST
  • Shanghai stocks struggle to rise amid concerns of economic slowdown

    HONG KONG -- Shanghai stocks are losing steam, cooled by a lack of favorable factors. Earlier this month, there was a short bump in the market thanks to announced reforms decided at the third plenary session of Communist Party of China's Centra

    November 27, 2013 01:00 pm JST
  • Two US bombers enter China's new air defense zone

    WASHINGTON -- The U.S. Department of Defense announced Tuesday that two U.S. B-52 bombers flew through the controversial air defense identification zone set up by China over the East China Sea without giving advance notice to Beijing. According

    November 27, 2013 01:00 pm JST
  • China starts antitrust probe into Qualcomm

    SILICON VALLEY/BEIJING -- The Chinese government has launched an antitrust investigation into Qualcomm, the American computer chip maker said. Qualcomm was "not aware of any charge" by the National Development and Reform Commission that it

    November 27, 2013 09:32 am JST
  • Daikin aims to double sales in emerging markets

    OSAKA (Nikkei) -- Daikin Industries Ltd. hopes to double sales in emerging markets to 300 billion yen ($2.92 billion) by fiscal 2015 with the help of some generous capital investment. The air conditioner giant announced Tuesday a new medium-term

    November 27, 2013 03:43 am JST