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  • ASIA'S NEXT VANGUARD 2014: Meet Hong Kong's Wong, the 'Magic Boy'

    HONG KONG -- Ricky Wong Wai-kay, chairman of Hong Kong Television Network, is nicknamed "Magic Boy." He has continued to challenge regulatory restraints in Hong Kong, a special administrative region of China known as one of the most business-friendl

    February 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: 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 27, 2014 12:00 am JST
  • Peugeot hoping to duplicate Asia-funded turnarounds seen at Jaguar, Volvo

    FRANKFURT -- PSA Peugeot Citroen is looking to emulate the turnarounds of two other European carmakers that have been fueled by the injection of Asian cash. The money-losing French automaker on Feb. 19 announced a capital tie-up that will incre

    February 27, 2014 12:00 am JST
  • China's online giants staging map app war

    SHANGHAI -- China's Internet giants are spending big to expand their mobile map operations as a way to reel in more of the country's smartphone users. Internet service providers have long relied on search engines and news sites to funnel users t

    February 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Singapore's Ho steers economy

    SINGAPORE -- Ho Ching, the chief executive of Singapore's government-owned investment fund Temasek Holdings, commands the economy with a cool head. Temasek has Singapore Telecommunications and other leading companies in its portfolio. It has be

    February 27, 2014 12:00 am JST
  • G-20 targets 2% GDP growth, frets over sustainability

    SYDNEY -- Group of 20 finance ministers and central bank chiefs agreed on Feb. 23 to set a goal of boosting their collective gross domestic product by more than 2% over the next five years. The unusual agreement by the world's leading economies

    February 27, 2014 12:00 am JST
  • China casts shadow over Hong Kong stocks

    HONG KONG -- Hong Kong stock prices have moved unpredictably in February because of concerns about China's slowing economy. The Hang Seng Index has remained slightly sluggish since the beginning of this year, partly due to global economic uncer

    February 26, 2014 07:00 pm JST
  • Group of Chinese seek compensation from Japanese firm for wartime forced labor

    BEIJING -- A group of 37 Chinese and their surviving families on Wednesday filed a suit seeking an apology and damages for wartime forced labor against Mitsubishi Materials and another Japanese firm with the first district court in Beijing. Acco

    February 26, 2014 02:00 pm JST
  • Chinese solar panel makers adding insurance in Japan

    TOKYO -- Solar panel companies in China are taking the offensive in the Japanese market, offering insurance to ease deep-seated anxiety about foreign-made products. Chinese producers JinkoSolar and Trina Solar are teaming up with Sojitz to sell

    February 26, 2014 05:50 am JST
  • PBOC reignites speculation over expansion of yuan's trading band

    HONG KONG -- Speculation has been reignited that the People's Bank of China will soon expand the yuan's trading band, following the central bank's Feb. 17-18 meeting, which PBOC Deputy Gov. Hu Xiaolian attended, to discuss the cross-border use of th

    February 25, 2014 07:00 pm JST
  • Park's diplomacy: productive or perilous for South Korea?

    SEOUL -- Scenes aired on live TV last week showed hundreds of tearful Koreans, separated since the peninsula was torn apart by war, throwing themselves into one another's arms. It was the first opportunity for North and South Korean family members t

    February 25, 2014 07:00 pm JST
  • Smaller Japanese companies stride into Africa with service-driven strategies

    TOKYO -- Midtier and smaller Japanese companies are zeroing in on new business opportunities in Africa. In doing so, they are finding that service, not size, is what really matters. BMC International, a provider of point-of-sale systems, has a

    February 25, 2014 07:00 pm JST
  • China's Xi rushes to tame foes before they can pounce on him

    BEIJING -- Traditionally, Chinese leaders take few chances right after assuming office, for fear of stepping on the toes of their still-influential predecessors. Coming up on the first anniversary of his emergence as president, Xi Jinping has alread

    February 25, 2014 01:00 pm JST
  • Uncertainty drives selling of China-linked stocks

    TOKYO -- Selling pressure on China-related issues is mounting in Japan's stock market due to a cloudy economic outlook and fears that tighter financial regulations there may hurt the real economy. The Nikkei Stock Average tumbled further Monday

    February 25, 2014 07:01 am JST
  • Shakeout in the offing for China's dairy industry

    SHANGHAI -- China's dairy industry is facing increasingly heavy pressure to restructure amid stricter food safety regulations, resulting in a wave of tie-ups and acquisitions as companies, large and small, try to survive. Chinese investment fund

    February 25, 2014 07:00 am JST
  • China's Xiaomi to expand into Singapore

    SINGAPORE -- Chinese low-cost smartphone maker Xiaomi will start selling smartphones in Singapore on Thursday, making its first stride in expansion beyond mainland China, Taiwan and Hong Kong. The company will roll out its popular model under th

    February 25, 2014 06:18 am JST
  • Investors continue exodus from emerging markets

    NEW YORK -- The outflow of money from emerging markets has not abated as investors fret about China's shadow banking problem, tensions in Ukraine and falling currencies of emerging nations. According to research firm EPFR Global, mutual funds an

    February 25, 2014 05:56 am JST
  • Chinese property shares tumble on lending crunch worries

    SHANGHAI -- Chinese real estate stocks took a beating Monday on news that a prominent bank has suspended some lending to property developers, stoking fears the sector may find itself cash-strapped down the road. Citing rapidly increasing risk am

    February 25, 2014 05:51 am JST
  • A smartphone tells a story of deeper China-Taiwan ties

    Rumors abound that the presidents of China and Taiwan -- Xi Jinping and Ma Ying-jeou -- will hold a historic meeting. But businesses are far ahead of politicians in trying to strengthen cross-strait relations, as symbolized by a gift recently given

    February 25, 2014 04:59 am JST
  • Feminine care goods give Unicharm much needed boost in China

    TOKYO -- By fretting over Unicharm's slowing diaper operations in China, investors may be overlooking a profitable segment in which the company is excelling. Best known for its Moony brand, Unicharm tops the Japanese market for disposable diaper

    February 25, 2014 01:49 am JST