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  • Police quiz sumo champion in violent bullying case

    TOKYO -- Japanese police on Friday questioned Harumafuji, one of Japan's four reigning sumo grand champions, over allegations that he seriously injured a junior wrestler outside the ring last month.The 33-year-old wrestler repeatedly punched Takanoi

    November 17, 2017 07:04 pm JST
  • Explorers' view of China's Belt and Road Initiative

    What is the reality of China's Belt and Road Initiative, on the ground? As widespread questions emerge about the true scale and scope of President Xi Jinping's most prominent foreign policy venture, we followed its route for 23,000km from Italy to C

    November 17, 2017 05:00 pm JST
  • Mongolian teachers strike puts government in a bind

    ULAANBAATAR -- A rolling strike by public school teachers in the Mongolian capital has left parents scrambling and pushed the government into an awkward position.Teachers at Ulaanbaatar's public schools and kindergartens are demanding higher wages.

    November 14, 2017 06:20 pm JST
  • European development bank eager to further cooperate with AIIB

    TOKYO -- The European Bank for Reconstruction and Development intends to expand its cooperation with the Asian Infrastructure Investment Bank to provide infrastructure to Central Asia and Transcaucasia, EBRD Vice President Pierre Heilbronn told The

    November 14, 2017 01:27 pm JST
  • Anthony Rowley

    China's BRI could be administrative nightmare

    A kind of new "Wild West" is opening up for China in Central Asia and beyond as Beijing pursues its ambitious Belt and Road Initiative across Eurasia. Policing this vast project may require a "sheriff" in the shape of a new multilateral institution.

    October 31, 2017 10:47 am JST
  • 'Iron silk road' threatens to sidetrack Russia

    BAKU -- The leaders of Turkey, Azerbaijan and Georgia officially opened Baku-Tbilisi-Kars railway here in the Azerbaijani capital on Monday, opening the possibility of a southern route for trade between China and Europe."Today we are opening an impo

    October 31, 2017 02:08 am JST
  • Bloodless Kyrgyz presidential election has China and Russia smiling

    MOSCOW -- China and Russia may be competing for influence in Central Asia, but neither will be disappointed with the outcome of Kyrgyzstan's recent presidential election. Former Prime Minister Sooronbai Jeenbekov won the Oct. 15 poll, marking the co

    October 21, 2017 06:15 pm JST
  • Outgoing leader's protege set to win Kyrgyz presidential election

    BISHKEK (Reuters) -- A protege of outgoing pro-Russian leader Almazbek Atambayev looked set for a surprise outright victory in Kyrgyzstan's presidential election on Sunday, despite polls having predicted a close runoff between him and an opposition

    October 16, 2017 09:29 am JST
  • Asia Super Grid: SoftBank's latest dream stretches over 6 countries

    TOKYO -- SoftBank Group is launching an ambitious project to build a huge power transmission network stretching over six countries in Asia.Even Son Masayoshi, the hard-charging CEO of the telecom and internet conglomerate, who is known for boasting

    October 13, 2017 12:59 pm JST
  • Nouriel Roubini

    Three scenarios for the global economy

    For the last few years, the global economy has been oscillating between periods of acceleration (when growth is positive and strengthening) and periods of deceleration (when growth is positive but weakening). After over a year of acceleration, is th

    October 12, 2017 01:00 pm JST
  • Central banks hedging against geopolitical risk with gold

    TOKYO -- Central banks around the world are adding to their gold stashes, particularly in emerging markets, as they try to shore up their currencies amid rising geopolitical tensions and, in some cases, to stave off U.S. economic pressure.The total

    October 11, 2017 04:30 pm JST
  • Kate Mallinson

    Kazakhstan must do more to convince foreign investors

    The latest drive by Kazakhstan to privatize many of its state-owned companies and reduce the government's role in the economy is off to a better start than previous efforts.Yet the efforts by President Nursultan Nazarbayev to modernize the resource-

    October 10, 2017 03:00 pm JST
  • Eswar Prasad and Karim Foda

    Economic breathing space is an opportunity to strengthen resilience

    The world economy has settled into a holding pattern, with a broad-based but plodding recovery underway characterized by weak productivity and investment growth. Both advanced and emerging market economies have maintained modest growth momentum, but

    October 8, 2017 07:00 pm JST
  • Mongolia ushers in new prime minister

    BEIJING -- The Mongolian legislature installed a new prime minister Wednesday, bringing into focus the potential implications for diplomatic relations with North Korea as well as neighboring Russia and China.Khurelsukh Ukhnaa, the deputy prime minis

    October 5, 2017 04:30 am JST
  • Mongolia names new PM, putting IMF package back on track

    ULAANBAATAR (Reuters) -- Mongolia's parliament confirmed the nomination of Ukhnaa Khurelsukh as prime minister on Wednesday, putting the country back on course to receive funds from a $5.5 billion economic rescue package from the International Monet

    October 4, 2017 06:18 pm JST
  • Nippon Express climbs aboard China's Belt and Road Initiative

    TOKYO -- Nippon Express and Kazakhstan's state railway company have teamed up to start carrying cargo from China's east coast, through Central Asia and on to Europe.The Eurasian rail route is likely to benefit from China's Belt and Road Initiative,

    September 30, 2017 12:09 pm JST
  • Nicholas Spiro

    Emerging Asia investors may finally be turning more cautious

    Despite the dramatic escalation of tensions on the Korean peninsula and the resolve of the U.S. Federal Reserve to withdraw monetary stimulus, Asian government debt is still benefitting from hefty inflows. This year's cumulative inflows are already

    September 28, 2017 01:00 pm JST
  • Tristan Kenderdine: The Caspian Sea is the best bet for China's 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 dreamed of an alternativ

    September 28, 2017 10:00 am JST
  • Thailand and Mongolia embracing Japanese 'Kosen' schools

    TOKYO/BANGKOK -- Japanese kosen are designed to turn teenagers into professional technicians through five years of intensive training. Established after World War II to help industrialize Japan's economy, the vocational high schools are now attracti

    September 27, 2017 04:18 pm JST
  • Global trade, China will buoy Asia's growth to 5.8% in 2018

    MANILA -- China's better-than-expected economic expansion and a rebound in global trade will buoy growth in Asia, the Asian Development Bank said in a report on Tuesday.In its Asian Development Outlook Update, the regional lender forecast 5.9% growt

    September 26, 2017 10:30 am JST