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  • Escaping the wage cage

    June 19, 2014 12:00 am JST
  • Turkish lira, Indian rupee plunge on Iraq crisis

    TOKYO -- Growing uncertainty over turmoil in Iraq sent the Turkish lira and Indian rupee to six-week lows against the U.S. dollar Tuesday on the Tokyo market, as soaring oil prices cast a shadow over two economies highly dependent on Middle Eastern

    June 18, 2014 02:42 am JST
  • Asia bracing for return of devastating El Nino

    TOKYO -- Researchers are raising the alarm that this year's climate conditions are eerily similar to those seen in 1997, when the worst El Nino phenomenon on record caused extreme drought and floods. Surface ocean data sent from the Jason-2 sate

    June 17, 2014 04:32 am JST
  • Students studying abroad around the world top 4M

    TOKYO -- The number of students studying at institutions of higher education abroad has doubled over the past 12 years to top 4 million, according to Unesco. While students from Asian emerging economies, such as China, India and Vietnam, have in

    June 16, 2014 07:00 pm JST
  • Frederic Neumann: Modi's first big test -- a budget that works

    India is riding high. Justifiably so. May's election delivered a stunning mandate to new Prime Minister Narendra Modi and his Bharatiya Janata Party, or BJP, to implement far-reaching reforms. We believe these are urgently needed to restore the coun

    June 16, 2014 07:00 pm JST
  • Japan to launch carbon offset scheme with India

    TOKYO -- Japan plans to sign a deal with India that will allow Japanese companies to earn carbon credits by helping India cut greenhouse gases. The two countries plan to agree at an upcoming summit meeting that they should accelerate negotiation

    June 16, 2014 02:00 pm JST
  • Is North Korea working on more compact nuclear weapons?

    TOKYO -- Since April, North Korea has shown signs of preparing for its fourth nuclear test. It is not easy to pick up slight indications of nuclear explosions conducted deep underground, or to press for facts from the regime. Nevertheless, scientist

    June 14, 2014 01:00 pm JST
  • GM stepping up its game in emerging markets

    NEW YORK -- General Motors plans to cut a higher profile in such emerging markets as Thailand, Indonesia and India, seeking to temper its heavy reliance on the U.S. and China. Until now, GM has lumped all markets outside North America, South Ame

    June 14, 2014 06:33 am JST
  • Iraq tensions deal heavy blow to Indian oil stocks

    SINGAPORE -- India's benchmark Sensex stock index saw its third-sharpest drop so far this year Friday, falling 348.04 points to 25,228.17, with state-run oil companies hit especially hard. The market opened on buying, thanks to such factors as t

    June 13, 2014 11:45 pm JST
  • Daimler to ramp up Asian sales of trucks, buses

    TOKYO -- Daimler has plans to greatly boost Asian sales of commercial vehicles over the next few years, says Wolfgang Bernhard, who heads the truck and bus division. The German company already claims the world's No. 1 spot in commercial vehicles

    June 13, 2014 06:08 am JST
  • India ready for e-commerce revolution

    MUMBAI -- Online shopping is expanding in India. Domestic shopping-site operators have been growing in the country, and Amazon.com of the U.S. in 2013 began operating there. It is expected that the market will expand nearly fourfold over the nex

    June 12, 2014 07:00 pm JST
  • Bangladesh striving to develop economy: prime minister

    DHAKA -- Neighborly relations are difficult to maintain in global politics. But Bangladesh will always do its best to be friendly with all, Prime Minister Sheikh Hasina said. In a recent interview with The Nikkei, she stressed that Bangladesh ha

    June 12, 2014 07:00 am JST
  • More developing-world workers joining middle class

    GENEVA -- More than half the workers in developing nations will reach middle-class or higher income levels by 2018, predicts the International Labor Organization. The United Nations agency said in its recently released global employment trends r

    June 12, 2014 04:24 am JST
  • Repressive policies stoke Asean drug problem

    The Association of Southeast East Asian Nations strategy to become "drug free" by 2015 is failing dramatically. In the last decade, opium cultivation has doubled, drug use -- especially of methamphetamines, a powerful synthetic stimulant -- has incr

    June 12, 2014 12:00 am JST
  • Is North Korea working on more compact nuclear weapons?

    TOKYO -- Since April, North Korea has shown signs of preparing for its fourth nuclear test. It is not easy to pick up slight indications of nuclear explosions conducted deep underground, or to press for facts from the regime. Nevertheless, scientist

    June 12, 2014 12:00 am JST
  • Bangladesh striving to develop economy: prime minister

    DHAKA -- Neighborly relations are difficult to maintain in global politics. But Bangladesh will always do its best to be friendly with all, Prime Minister Sheikh Hasina said. In a recent interview with The Nikkei, she stressed that Bangladesh ha

    June 12, 2014 12:00 am JST
  • Passenger car sales up in India after long decline

    MUMBAI -- Indian sales of passenger vehicles climbed 3% on the year to 207,953 units in May, the first positive movement in nine months, as hopes for economic reform under new Prime Minister Narendra Modi started to thaw consumer sentiment. Tota

    June 11, 2014 03:19 am JST
  • Hopes for Modi give Indian stocks continued momentum

    MUMBAI -- Indian stocks have been riding high recently, with the Bombay Stock Exchange Sensex index hitting its record high for the third straight trading day Monday. Expectations for Narendra Modi and his new government have seen the index rise mor

    June 10, 2014 07:00 pm JST
  • China, West eager to get in Modi's good graces

    NEW DELHI -- Despite lingering concerns that he may prove a hard-liner on foreign policy, the world's big powers are in a hurry to make connections with the new Indian prime minister and economic reformer-in-chief. For his part, Narendra Modi se

    June 10, 2014 05:28 am JST
  • Indian consumer goods stocks on the rise

    MUMBAI -- Shares of automobile and other consumer goods companies continue to climb in India, buoyed by investor confidence fueled by the launch of pro-business Prime Minister Narendra Modi's new government. The Indian exchange added to gains Mo

    June 10, 2014 12:20 am JST