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  • Drastic Uzbek devaluation whets appetite for wider reform

    TASHKENT -- Uzbekistan's moves to devalue and partly float its currency mark the country's first step toward much-anticipated reforms to wipe out the black market in foreign exchange and liberalize the economy. However, the next steps to come remain

    September 14, 2017 07:20 pm JST
  • Tristan Kenderdine

    Caspian Sea is China's best bet for Belt and Road

    Most attention on China's Belt and Road Initiative has so far centered on northern rail routes through Russia and Central Asia and investments in Mediterranean and Indian Ocean seaports. But policymakers in Beijing have long dreamt of an alternative

    September 14, 2017 11:00 am JST
  • Successful Tajikistan bond debut could encourage neighbors

    ALMATY -- Tajikistan has raised $500 million with its first international bond issue to help fund the construction of the world's tallest dam after years of failed attempts to attract foreign investment for the project.The move by Central Asia's mos

    September 11, 2017 03:39 pm JST
  • IMF deal at root of Mongolian PM ousting

    BEIJING -- Mongolia's parliament voted Thursday to remove Prime Minister Jargaltulga Erdenebat from office, citing his lack of competence to run the government. The move was initiated and supported by his own ruling party.At the root of the ousting

    September 9, 2017 06:03 am JST
  • Mongolian parliament ousts prime minister in latest reshuffle

    ULAANBAATAR (Reuters) -- Mongolia's parliament voted to oust Prime Minister Jargaltulga Erdenebat, its website said late on Thursday, after his ruling Mongolian People's Party (MPP) was defeated in a July presidential election.No prime minister of M

    September 8, 2017 06:08 am JST
  • Pasture degradation threatens Mongolia's cashmere industry

    NOMGON SOUM, Mongolia In the Mongolian Gobi Desert, Batchuluun's herd of more than 1,000 goats produces valuable cashmere wool that enables him to support a family of five in a traditional ger, or tent. It is equipped with solar panels, a TV and sma

    September 7, 2017 10:00 am JST
  • Kazakh capital seeks center stage with Syria peace talks

    ASTANA -- In its 20 years as Kazakhstan's capital, Astana has attracted a range of labels. Some observers have described its high-rise office blocks and themed shopping malls as a futuristic vision for urban living amid the harsh steppes of central

    September 1, 2017 11:45 pm JST
  • Nuclear fuel bank readies for opening in Kazakhstan

    ALMATY/EDINBURGH, U.K. - The world's first internationally managed nuclear fuel reserve is to set open on Aug. 29 in eastern Kazakhstan. Proponents have championed the reserve as a vital safety measure at a time of heightened international tensions

    August 27, 2017 02:15 pm JST
  • Trump implores South Asia to step up on Afghanistan

    NEW DELHI -- Unveiling a new strategy on Afghanistan that is thin on specifics, U.S. President Donald Trump on Tuesday leaned on Pakistan and India to do more to help the war-ravaged country defeat terrorist forces."We can no longer be silent about

    August 23, 2017 05:13 am JST
  • Trump commits to more troops in Afghanistan, vows 'fight to win'

    WASHINGTON (Reuters) -- President Donald Trump opened the door on Monday night to an increase in U.S. troops in Afghanistan as part of a retooled strategy for the region, overcoming his own doubts about America's longest war and vowing "a fight to w

    August 22, 2017 11:47 am JST
  • Mongolian pasture degradation threatens cashmere industry

    NOMGON SOUM, Mongolia -- In the Mongolian Gobi Desert, Batchuluun's herd of more than 1,000 goats produces valuable cashmere wool that enables him to support a family of five in a traditional ger, or tent. It is equipped with solar panels, a TV and

    August 5, 2017 11:00 am JST
  • Uzbekistan opens door to Central Asian integration

    KELES STATION, Uzbekistan -- A train pulls slowly out of Tashkent's shiny railway station, only to grind to a halt half an hour later at Keles, on the Uzbek side of the border with Kazakhstan."It will now stand idle here for an hour or so until Uzbe

    August 3, 2017 01:30 pm JST
  • Mongolians love their Prius hybrids

    ULAANBAATAR -- An authorized Toyota Motor dealership stands out along a road that takes us from an airport here to the city center.We stop at the Munkhada dealer for a look-see, and a service manager tells us matter-of-factly that the level of custo

    July 19, 2017 11:48 am JST
  • Mongolia's new president promises an economic shake-up

    ULAANBAATAR New Mongolian President Battulga Khaltmaa has promised an economic overhaul that could see the former communist state move away from neighboring China and closer to other world powers.Battulga, a member of the leading opposition Democrat

    July 13, 2017 10:00 am JST
  • New Mongolian president promises pragmatic diplomacy

    ULAANBAATAR -- Mongolian President Battulga Khaltmaa's inaugural address Monday suggested a practical approach to foreign affairs, an area where the new leader could be aided by a former sumo grand champion whose name has surfaced as a potential adv

    July 11, 2017 05:27 am JST
  • Interview

    Ex-sumo champ wants to become bridge between Mongolia, Japan

    ULAANBAATAR -- A former sumo grand champion from Mongolia hopes to parlay his fame in Japan into closer relations between the two countries, a goal dovetailing with the new president's aim of diversifying a landlocked economy reliant on far larger n

    July 11, 2017 05:26 am JST
  • Mongolia's incoming President Battulga pledges economic balance

    ULAANBAATAR -- With Battulga Khaltmaa of Mongolia's leading opposition Democratic Party set to assume the presidency Monday, the former communist state could begin to significantly restructure its economy, reducing its reliance on neighboring China

    July 10, 2017 02:16 am JST
  • Mongolian opposition leader Battulga declares victory in presidential runoff

    ULAANBAATAR -- Battulga Khaltmaa, 54, of Mongolia's opposition Democratic Party, has declared victory in Friday's presidential runoff, thanking voters and pledging to work for development and national unity.Ahead of an official announcement from the

    July 8, 2017 03:58 pm JST
  • Mongolians return to polls in runoff presidential vote

    ULAANBAATAR -- Mongolia's two top finishers in last month's election are heading into the country's first-ever presidential runoff, with the outcome hinging on 30% of the voters who initially chose a third candidate.Battulga Khaltmaa of the leading

    July 7, 2017 02:44 am JST
  • Mongolian voters book a return trip to the polls

    ULAANBAATAR Mongolia is headed for the first runoff presidential election in its history, after all three candidates failed to secure an outright majority in voting on June 26.Battulga Khaltmaa of the leading opposition Democratic Party came in firs

    June 29, 2017 10:00 am JST