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  • Shenzhen is becoming the go-to destination for digital mavericks

    For the technology creative classes, global politics might not be as big of a deal as we imagine.While Japanese Prime Minster Shinzo Abe and Chinese President Xi Jinping remain at odds over several unresolved regional issues, digital innovators in T

    October 12, 2017 10:00 am JST
  • For China, monetary policy takes backseat to growth

    HONG KONG With Chinese President Xi Jinping kicking off his second term at the Communist Party congress starting Oct. 18, economists expect authorities to take few if any steps to tighten monetary policy so as not to rattle the economy.Most responde

    October 12, 2017 10:00 am JST
  • Brahma Chellaney: Democracies must rally to curb China's Indian Ocean ambitions

    The Indian Ocean, with its crowded and in some cases contested sea lanes, is becoming the focus of international maritime rivalry as various powers joust for advantage and influence in one of the global economy's most vital transit routes.As if to h

    October 12, 2017 10:00 am JST
  • Editorial: It's time for the leaders of Japan and China to trade visits

    After a long impasse in their 45-year diplomatic relationship, Japan and China are now holding meaningful government exchanges. While this is partly because the North Korea situation has made close communication between Tokyo and Beijing extremely i

    October 12, 2017 10:00 am JST
  • Xi poised to solidify power as prelude to key congress kicks off

    BEIJING -- The Chinese Communist Party is about to elevate President Xi Jinping's authority by amending the party constitution to include his political doctrines as a guiding principle, possibly with his name attached, at the twice-a-decade national

    October 12, 2017 06:38 am JST
  • Alibaba heading into emerging markets in duel with Amazon

    SHANGHAI -- Alibaba Group Holding, locked in an intensifying battle with Amazon.com of the U.S., is strengthening its runaway lead in China and pushing harder for growth in Southeast Asia, India and other emerging markets.On Tuesday, the Chinese onl

    October 12, 2017 05:56 am JST
  • Politics looms behind lapse of China-Korea currency swap deal

    BEIJING/SEOUL -- A currency swap agreement between China and South Korea had expired as of Wednesday despite both sides earlier expressing their willingness to renew it.The pact has been renewed twice since it took effect in April 2009. The just-exp

    October 12, 2017 04:59 am JST
  • Alibaba, Tencent lead as China's mobile payments triple

    GUANGZHOU -- Mobile payments in China roughly tripled on the year to 23.04 trillion yuan ($3.49 trillion) in the April-June quarter, with local tech giants Alibaba Group Holding and Tencent Holdings dominating more than 90% of this fast-growing mark

    October 12, 2017 01:17 am JST
  • New Hong Kong leader proposes small business tax cut, housing help

    HONG KONG -- Chief Executive Carrie Lam on Wednesday laid out a broad vision for Hong Kong in her first policy address since she assumed the city's highest office, pledging to help the middle class by lowering the tax rate on small businesses and pr

    October 11, 2017 11:21 pm JST
  • Indorama Ventures buying DuPont-Teijin polyester film business

    BANGKOK -- Thailand's Indorama Ventures, the world's largest maker of the resin known as PET, has agreed to buy a joint venture between U.S. group Dow DuPont and Japan's Teijin.The target business, DuPont Teijin Films, makes high-end polyethylene te

    October 11, 2017 09:51 pm JST
  • Nikkei Asia300 Index advances as Samsung extends gains

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, as heavyweight Samsung Electronics extended gains ahead of its preliminary third-quarter earnings.The Nikkei Asia300 Index rose 0.7% to 1,337.13.Asian equities also got a boost from

    October 11, 2017 08:28 pm JST
  • Developers pull Hong Kong shares down from near 10-year high

    HONG KONG (Nikkei Markets) -- Hong Kong stocks retreated after a volatile trading session on Wednesday, with a gauge of property developers dropping the most in two weeks amid concern over the outlook for home prices.The Hang Seng Index fell 0.4% to

    October 11, 2017 08:05 pm JST
  • China appoints new top graft-busters at key financial regulators

    BEIJING (Reuters) -- China's Communist Party has named new top officials to lead anti-corruption agencies at the country's banking and insurance regulators as it makes final preparations for a twice-a-decade party congress later this month. Lin Guoy

    October 11, 2017 04:44 pm JST
  • Alibaba launches $15 bn overseas R&D drive

    BEIJING (Reuters) -- China's top e-commerce firm, Alibaba Group Holding, is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce, logistics and cloud technology.Th

    October 11, 2017 04:33 pm JST
  • Central banks hedging against geopolitical risk with gold

    TOKYO -- Central banks around the world are adding to their gold stashes, particularly in emerging markets, as they try to shore up their currencies amid rising geopolitical tensions and, in some cases, to stave off U.S. economic pressure.The total

    October 11, 2017 04:30 pm JST
  • China's Communist Party kicks off key plenary session

    BEIJING -- The seventh plenary session of the 18th Central Committee of the Communist Party got underway in the capital of the world's most populous nation on Wednesday. The session is expected to last four days.Key items on the agenda include a dra

    October 11, 2017 03:50 pm JST
  • Hong Kong market nearly flat after new leader's speech

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed after a choppy morning session Wednesday, with property developers giving up early gains as investors digested Chief Executive Carrie Lam's debut policy address.The Hang Seng Index w

    October 11, 2017 02:46 pm JST
  • Building a car for the smartphone generation

    TOKYO -- When Daniel Kirchert became head of Nissan Motors' luxury brand Infiniti in China in 2013, he installed three air purifiers in his small Beijing office. He had been in China for more than 10 years, first as a rising star at BMW, where he ov

    October 11, 2017 01:30 pm JST
  • Cover story

    China goes all out to be king of the electric car

    GUANGZHOU/TOKYO -- After spending a dozen years working as a successful executive in the auto industry in China, Daniel Kirchert had something of a revelation. It was 2015, and the veteran of BMW and Nissan Motor was awed by a wave of change washing

    October 11, 2017 01:30 pm JST
  • Alibaba market cap tops Amazon for 1st time in 28 months

    NEW YORK -- The market value of Alibaba Group Holding briefly exceeded that of Amazon.com on Tuesday for the first time in 28 months on the New York Stock Exchange.The Chinese e-commerce company's market capitalization has been steadily growing as s

    October 11, 2017 01:23 pm JST