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  • Brahma Chellaney: Energy challenges test water-stressed Asia

    Asia is attracting more attention than ever before, in large part because of its re-emergence after a two-century decline. Amid the world's ever-growing energy focus, Asia's serious energy challenges have driven sharpening oil-and-gas competition th

    February 27, 2014 02:00 pm JST
  • Panasonic posts vice president in India

    OSAKA -- Panasonic said Wednesday that it will station its new executive vice president in India to seek opportunities for growth in developing Asia. From his new post in Delhi, Yoshihiko Yamada, now a senior managing director, will take charge

    February 27, 2014 12:38 am JST
  • Emerging-market investor exodus continues

    NEW YORK -- Money continues pouring out of emerging markets as investors fret about China's shadow banking problem, tensions in Ukraine and changes in currency values. According to research firm EPFR Global, mutual funds and hedge funds that inv

    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
  • Energy challenges test water-stressed Asia

    Asia is attracting more attention than ever before, in large part because of its re-emergence after a two-century decline. Amid the world's ever-growing energy focus, Asia's serious energy challenges have driven sharpening oil-and-gas competition th

    February 27, 2014 12:00 am JST
  • Low-price superstars

    MUMBAI/BEIJING/GUANGZHOU -- Indian smartphone maker Micromax may not be well-known in the West, but make no mistake, it is a name to remember. The company already outsells Apple at home and is gaining fast on Samsung Electronics. Now it wants more.

    February 27, 2014 12:00 am JST
  • 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
  • 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
  • ASIA'S NEXT VANGUARD 2014: Suh naturally looks to China

    SEOUL -- Suh Kyung-bae has his eyes on China. The chairman of AmorePacific, South Korea's leading cosmetics maker, is looking to capitalize on the popularity of his country in the neighboring nation. AmorePacific has enjoyed steady growth in ove

    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
  • Ranbaxy suspends shipments at 2 Indian plants

    TOKYO -- Ranbaxy Laboratories has temporarily suspended shipments of pharmaceutical ingredients at two plants in India, parent company Daiichi Sankyo said Tuesday. Earlier, the U.S. Food and Drug Administration banned shipments from Ranbaxy's fa

    February 26, 2014 02:07 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
  • Honda shifts into higher gear in India with second auto plant

    TAPUKARA, India -- Honda Motor's ambitious plans for India's passenger car market gathered speed on Monday as the automaker began operating its second auto plant in the country. The new Tapukara facility in the state of Rajasthan doubles Honda's

    February 25, 2014 05:10 am JST
  • Toshiba wins Indian contract for cutting-edge turbine generators

    TOKYO -- Toshiba said Monday that it will supply two 800,000kw steam turbine generators and auxiliary equipment for a planned conventional power plant in India. An 18.6 billion yen ($179 million) contract was awarded by NTPC, India's largest sta

    February 25, 2014 01:07 am JST
  • G-20 sets target of 2%, shares sense crisis for sustainable growth

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

    February 24, 2014 07:00 pm JST
  • India's Tata Motors faces make-or-break moment in its home market

    MUMBAI -- The death of a veteran auto executive brought in to boost domestic sales has left India's Tata Motors scurrying to recast its strategy. Karl Slym, the company's managing director, died last month after falling from a hotel room in Bang

    February 24, 2014 07:00 pm JST
  • Fading Japan

    TOKYO -- Time was when Japan was so much more economically powerful than any other Asian nation that many reports on the region's economy excluded the Land of the Rising Sun. This was the only way to ensure accurate analyses. But the term "Asia exce

    February 23, 2014 01:00 pm JST
  • Weak emerging economy currencies hit Japan Inc.

    TOKYO -- Japanese companies are being affected by the declining value of some emerging economy currencies. Unicharm anticipates a profit fall of 5 billion yen ($48.31 million) in fiscal 2013 through March 31, because of the depreciation of the I

    February 23, 2014 07:00 am JST
  • Mitsubishi Fuso to offer Indian-made trucks in 15 markets

    TOKYO -- Mitsubishi Fuso Truck and Bus will bring five strategic trucks built in India to Bangladesh, Indonesia and around a dozen other countries by the end of the year. The trucks have been developed and produced in cooperation with German par

    February 22, 2014 12:51 am JST