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  • Ai Ohara: More businesses are doing the right thing

    Private companies are tying up with a United Nations organization to improve the lives of the Cambodians who work in their garment factories and who supply cotton to the industry. The arrangement is helping female factory workers earn diplomas by st

    August 4, 2014 01:00 pm JST
  • Itochu targets Myanmar, India with Thai CP Group's backing

    TOKYO -- Japanese trading company Itochu plans to cultivate markets in Myanmar and India by leveraging its new alliance with Thai conglomerate Charoen Pokphand Group, President Masahiro Okafuji told The Nikkei. "We've formed various partnerships

    August 4, 2014 02:31 am JST
  • China gaining on Japan in Asia University rankings

    TOKYO -- Japan had the most universities in the top 100 institutions listed in the Asia University Rankings 2014, compiled by the U.K's Times Higher Education magazine in June. But other countries are nipping at its heels. Japan had 20 universi

    August 2, 2014 10:30 pm JST
  • India's Modi emphasizes cooperation with US

    NEW DELHI -- Prime Minister Narendra Modi discussed the importance of cooperation on economic and security issues with U.S. Secretary of State John Kerry on Friday. Modi, who will visit the U.S. in September, expressed interest in taking the bil

    August 2, 2014 12:53 am JST
  • India's Modi set to land in a Nepal wary of his embrace

    KATHMANDU -- On paper, India and Nepal have been friends since 1950. But no Indian prime minister has come calling in Kathmandu for 17 years. Narendra Modi, India's new leader, will change that when he arrives in Nepal's capital on Sunday for a two-

    August 1, 2014 07:00 pm JST
  • US tries to reset relations with India

    NEW DELHI -- The U.S. is making a serious effort to mend fences with India after an embarrassing diplomatic row and revelations of American spying on the now-ruling party. Secretary of State John Kerry joined Indian External Affairs Minister Sus

    August 1, 2014 05:07 am JST
  • Amazon.com, local e-commerce giant raise stakes in India

    MUMBAI -- The race to win over India's online shoppers heated up this week, with Amazon.com announcing a major investment in the country and local rival Flipkart Internet raising $1 billion in fresh capital. Amazon on Wednesday unveiled plans to

    August 1, 2014 12:40 am JST
  • Singaporean fund GIC buys into top Indian e-tailer Flipkart

    SINGAPORE -- The sovereign wealth fund that manages Singapore's foreign reserves has invested in Indian e-commerce company Flipkart. GIC took part in Flipkart's latest round of fundraising, which collected a total of $1 billion. That is apparent

    July 31, 2014 07:00 pm JST
  • New Indonesian, Indian governments have shots at real change: Fitch Ratings

    KUALA LUMPUR -- Fitch Ratings sees major opportunities for the new governments in Indonesia and India to lift potential growth rates. Thomas Rookmaaker, the international rating agency's lead analyst for a number of countries including those two

    July 31, 2014 06:00 pm JST
  • India's Tata group to sink $35B into new fields

    MUMBAI -- The Tata group, India's largest conglomerate, plans to invest $35 billion over the next three years in select fields to fortify business in new areas. It will focus on retail, defense and aerospace, finance, and property and infrastruc

    July 31, 2014 01:57 am JST
  • Tejraj M. Aminabhavi: Biofuels promise a cleaner future

    Today, more than ever, global warming is a hot topic. The rapid depletion of fossil fuel reserves, skyrocketing oil prices and increasing greenhouse gas emissions have prompted scientists to search for eco-friendly alternatives, such as biofuels.

    July 31, 2014 12:00 am JST
  • Chinese yuan coming up in the world

    HONG KONG -- Companies the world over are increasingly using China's currency to make settlements for trade and investment as they seek to hedge risk and do more business with the massive Chinese market. Yuan-denominated settlements as a proport

    July 31, 2014 12:00 am JST
  • Nepal tourism hit hard by crises in mountaineering, casino industries

    KATHMANDU -- Temba Tsheri Sherpa, managing director of expedition operator Dreamers' Destination Treks and Expedition, was shocked when he heard reports of a deadly avalanche on Mount Everest's Khumbu Icefall, but confident that the April 18 disaste

    July 31, 2014 12:00 am JST
  • Honda eyes first record profit in 7 years in fiscal 2014

    TOKYO -- Honda Motor on Tuesday upgraded its full-year net profit guidance by 5 billion yen ($48.6 million) to 600 billion yen, with brisk Japanese sales of new compacts and minicars seen overcoming a slump after April's consumption tax hike. Th

    July 30, 2014 03:54 am JST
  • Sumitomo partners with Indian gas company in LNG

    TOKYO -- Sumitomo Corp. has teamed up with Indian state-owned natural gas distributor GAIL in the supply of liquefied natural gas. The companies are both involved in an LNG export project in the U.S. state of Maryland. Under the agreement announ

    July 29, 2014 03:47 am JST
  • Tracking India's black money

    NEW DELHI -- Within 24 hours of assuming office on May 26, India's new Prime Minister Narendra Modi set up a special investigative team to go after the huge amount of black money squirreled away by rich Indians in overseas tax havens. In 2012, t

    July 28, 2014 01:00 pm JST
  • State-owned energy, financial entities dominant in Asia

    TOKYO -- State-controlled enterprises have a huge presence in Asia, and their influence is especially strong in finance, energy and other fields essential to development. In China, state-owned or government-affiliated entities occupy nearly 90%

    July 27, 2014 01:00 pm JST
  • Latin American autoparts makers straddling Pacific

    TOKYO -- Autoparts and materials manufacturers from Latin America are gaining a foothold in Asia through business with global carmakers, helping to turn the region into more than just the so-called backyard of the U.S. Mexico has surfaced as a m

    July 26, 2014 05:22 am JST
  • Need for security network growing in Asia

    TOKYO -- When a flotilla of ships of the Russian Pacific Fleet called at the Vietnamese naval base at Cam Ranh in June, it was a clear indication that Vietnam was courting Russia in a bid to counter China's growing clout. The port call followed

    July 25, 2014 02:40 pm JST
  • Foreign companies accelerate cheap yen funding

    TOKYO -- Non-Japanese companies have been raising more funds in yen this year, with low interest rates lifting samurai loans to a record high in the first half. U.S. and European banks cut back on lending after the 2008 financial crisis, leading

    July 24, 2014 02:02 am JST