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  • Investors shun Asian stocks amid North Korea risk

    SINGAPORE -- The escalating war of words between the U.S. and North Korea has rattled previously bullish investors, spurring a broad-based exodus from Asian stocks that had been riding high on a global flood of liquidity.Asian markets sank across th

    August 11, 2017 11:42 pm JST
  • Sportswear brand Li Ning to open fewer, bigger stores

    HONG KONG -- Li Ning's future will lie in fewer, bigger stores as the Chinese sportswear maker looks to reposition its brick and mortar stores in the face of e-commerce competition.With a network of some 6,300 stores across China, the Hong Kong-list

    August 11, 2017 11:36 pm JST
  • Hong Kong stocks dragged to weekly loss as North Korea tensions rage

    HONG KONG (Nikkei Markets) -- Hong Kong shares snapped to their first weekly loss in five weeks, as investor sentiment in one of the region's best-performing equity markets this year succumbed to tensions between the U.S. and North Korea.The Hang Se

    August 11, 2017 08:11 pm JST
  • ASEAN AT 50

    ASEAN is looking good, but now looking up to China and India

    TOKYO -- The first 50 years of the Association of Southeast Asian Nations should be regarded as an overall success, but its future is anything but certain. Sandwiched between China and India, ASEAN could find itself overwhelmed economically by these

    August 11, 2017 07:27 pm JST
  • Citi sees Thailand potential as regional banking hub

    BANGKOK -- Thailand has the potential to become a regional banking hub if it pushes through some more reforms, according to Darren Buckley, outgoing Citi country head for Thailand, Myanmar, Cambodia and Laos. "A strong regional banking hub here is v

    August 11, 2017 06:00 pm JST
  • SAIC, GM ready Indonesian minivans to take on Japanese juggernauts

    JAKARTA -- SAIC Motor and General Motors will roll out strategic compact minivans together in Indonesia, hoping to make a crack in the overwhelming dominance of Japanese automakers in this major Southeast Asian economy.All in the familyThe Chinese a

    August 11, 2017 01:12 pm JST
  • Two years after yuan shock, what lessons has China learned?

    SHANGHAI -- Friday marks two years since China shook the world with three consecutive devaluations of the yuan. The move triggered capital flight and downward pressure on the yuan, keeping Chinese authorities on the guard ever since.The currency is

    August 11, 2017 12:03 pm JST
  • Japan agency, 3 Chinese municipalities sign economic pacts

    CHENGDU, China -- A Japanese export promotion agency has signed agreements with a trio of Chinese municipalities on economic cooperation, covering efforts to mutually boost trade and investment.Hiroyuki Ishige, chairman of the government-backed Japa

    August 11, 2017 06:34 am JST
  • Wanda turns toward equity market as China tightens debt spigot

    DALIAN, China -- Real estate giant Dalian Wanda Group grew its empire by pursuing scale through leverage, but Beijing's recent crackdown on overseas investments is forcing the Chinese conglomerate to reorganize assets and maximize market value for f

    August 11, 2017 06:33 am JST
  • Choosy Asians lift Japan's rice exports to record high

    TOKYO -- Japanese rice exports climbed 28% on the year to 5,589 tons for the six months ended in June, an all-time high for the first half, but growth is slowing as often exorbitant prices drive consumers to cheaper alternatives.The largest share we

    August 11, 2017 06:09 am JST
  • Interview

    Sanctions, not bluster, can 'hit a nerve' on Pyongyang: expert

    NEW YORK -- Deterring Pyongyang's nuclear and missile threats requires pressure from "painful" economic sanctions such as those enacted recently by the United Nations Security Council, a Northeast Asia expert from a U.S. nonprofit think tank told Th

    August 11, 2017 04:18 am JST
  • Moon's best-laid plans for North-South peace go awry

    SEOUL -- North Korea's second test of an intercontinental ballistic missile July 28 shattered South Korean President Moon Jae-in's hopes for dialogue and threw a wrench into his foreign policy revolving around a path to reconciliation.Pyongyang anno

    August 11, 2017 04:13 am JST
  • Itochu to help China's Bosideng think outside the down jacket box

    TOKYO -- Itochu will aid Chinese clothing company Bosideng International Holdings in expanding its lineup beyond the down jackets that now generate roughly 70% of its sales.The Japanese trading house and China's Citic group hold stakes in Bosideng u

    August 11, 2017 03:24 am JST
  • Foreign scrutiny 'impacting Chinese dealmakers'

    HONG KONG -- The drive for protectionism and growing hostility to foreign investments are forcing Chinese dealmakers to revise their strategies when acquiring assets abroad.The U.S. is mulling strengthening the role of the Committee on Foreign Inves

    August 11, 2017 01:33 am JST
  • Investors cheer China Mobile's special dividend, solid sales

    HONG KONG -- Shares in China Mobile, the territory's biggest mobile service provider, on Thursday soared as much as 5.84% to their highest level in more than four months in intraday trade, after the company announced a special dividend plan.During t

    August 10, 2017 09:09 pm JST
  • China's 'baijiu' maker drinks to higher earnings

    GUANGZHOU -- Kweichow Moutai, the biggest producer of distilled Chinese liquor baijiu, is rapidly boosting earnings thanks to a strategic change toward targeting individual consumers.Kweichow, based in Guizhou Province, saw both sales and profit sta

    August 10, 2017 05:40 pm JST
  • Philippine News Agency takes down Xinhua's South China Sea commentary

    MANILA -- A Xinhua News Agency commentary critical of the Philippines' arbitration victory in a territorial dispute with China made its way to a Philippine News Agency website, triggering an investigation and social media backlash.Following the onli

    August 10, 2017 04:44 pm JST
  • Asian music sensations break the sound barrier

    Move over, K-pop. South Korea has been a dominant force in Asian entertainment for about a decade, but a powerful combination of economic development and social media is changing the game. From Southeast Asia to China, other countries are producing

    August 10, 2017 03:30 pm JST
  • Hong Kong stocks hit by US - North Korea tensions as heavyweights fall

    HONG KONG (Nikkei Markets) -- Hong Kong shares were on course for this year's worst day on elevated geopolitical tensions after North Korea said it is considering launching intermediate missiles into waters near the U.S. territory of Guam.North Kore

    August 10, 2017 02:21 pm JST
  • Muji seems to have outgrown Japan

    TOKYO -- Ryohin Keikaku, the operator of the Muji chain, is quickly shifting from a Japanese retail chain to a multinational brand that caters to design-conscious crowds around the world. In July, overseas Muji stores exceeded the number of those in

    August 10, 2017 12:46 pm JST