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  • In first, 3 Asian schools crack Times Higher Education top 30

    JAKARTA -- For the first time, three Asian universities are in the top 30 of the 2018 World University Rankings published by Times Higher Education.The rankings cover more than 1,000 universities worldwide and are arguably the best-known and most pr

    September 7, 2017 06:45 pm JST
  • Immigration, exports hand Australia 26th recession-free year

    SYDNEY -- Australia has logged its 26th year without an economic recession and is poised to keep growing, fueled by robust immigration and a strong free-trade network in Asia.Real gross domestic product increased 0.8% on the year for the April-June

    September 7, 2017 07:00 am JST
  • Tepco, Chubu Electric to buy more Aussie LNG

    TOKYO -- The fuel supply joint venture between Tokyo Electric Power Co. Holdings and Chubu Electric Power will begin buying liquefied natural gas from the Wheatstone development project in Australia, diversifying its purchases amid tensions in the M

    September 7, 2017 02:53 am JST
  • Australia economy rebounds in Q2 amid infrastructure bonanza

    SYDNEY (Reuters) -- Australia's economy rebounded last quarter as consumers and government spent freely after a weather-beaten start to the year, while a long downturn in mining investment finally loosened its deadening grip on growth.Wednesday's GD

    September 6, 2017 11:34 am JST
  • RCEP hits snags on continued discord over tariffs

    KUALA LUMPUR -- The 16 countries negotiating the Regional Comprehensive Economic Partnership have given up on finalizing the trade deal in 2017 as planned amid persistent differences over tariffs and other conditions, dealing yet another setback to

    September 6, 2017 02:21 am JST
  • Kiwi beef Japan's flavor of the month

    TOKYO -- In a country known for gastronomic indulgence, not least its love of fatty, marbled wagyu beef, it may come as a bit of a surprise to see the burgeoning popularity of lean New Zealand meat.But as demand for lean cuts rises from an increasin

    September 5, 2017 07:21 pm JST
  • William Pesek

    Australia hurt by currency 'Cold War' from Fed, ECB and BOJ

    Australia's central bank governor Philip Lowe did not make it to last month`s Federal Reserve annual summit in Jackson Hole, Wyoming. But judging from the buzz at central banking's answer to Davos, Lowe will be dealing with the fallout from those di

    September 4, 2017 11:00 am JST
  • Tea Leaves

    Progress on the bumpy road to democracy

    A decade ago, I traveled to East Timor, also known as Timor-Leste, to look at the condition of roads and other infrastructure in Asia's newest country. I was working with the Asian Development Bank at the time, and returned in 2010 for a follow-up v

    August 31, 2017 10:00 am JST
  • Progress on the bumpy road to democracy

    A decade ago, I traveled to East Timor, also known as Timor-Leste, to look at the condition of roads and other infrastructure in Asia's newest country. I was working with the Asian Development Bank at the time, and returned in 2010 for a follow-up v

    August 31, 2017 10:00 am JST
  • 'TPP 11' to freeze drug data protection demanded by US

    SYDNEY -- With the U.S. now out of the Trans-Pacific Partnership, the remaining 11 members have effectively agreed to suspend rules involving pharmaceutical date protection sought by Washington as they try to revive the regional trade pact.During a

    August 31, 2017 03:58 am JST
  • Citic may halt Australian iron ore project, chairman warns

    HONG KONG -- Chinese conglomerate Citic may have to suspend an Australian iron ore project, Chairman Chang Zhenming told reporters Tuesday.Citic is embroiled in a court case over royalty payments with Australian resource developer Mineralogy, from w

    August 30, 2017 04:55 am JST
  • Interview

    Former Australian PM: China-US can rein in Pyongyang

    As political tensions escalate in and around the dynamic Asia-Pacific region, John Howard, Australia's prime minister from 1996 to 2007, recently sat down with the Nikkei Asian Review to share his views on current events. Edited excerpts follow.Q: A

    August 29, 2017 10:02 am JST
  • CBA probe marks latest black eye for Aussie banking

    SYDNEY -- Australia's financial services watchdog is investigating how the country's biggest bank may have ignored suspected money laundering activity, the latest in a series of scandals hitting top lenders."The Australian community's trust in the b

    August 29, 2017 07:20 am JST
  • CBS to buy troubled Australian broadcaster Ten Network

    CANBERRA (AP) -- Troubled Australian television broadcaster Ten Network will be sold to U.S. giant CBS Corp. subject to regulatory approval of foreign ownership, the Sydney-based company's administrator said on Monday.New York-based CBS had "entered

    August 28, 2017 01:29 pm JST
  • China in East Timor; concern in Indonesia and Australia

    DILI -- China is increasing its influence in East Timor as the small Southeast Asian nation's relations with its traditional aid providers weaken.East Timor gained its independence in 2002 and has since received assistance from Japan, the U.S. and A

    August 26, 2017 11:07 pm JST
  • Australian airlines reorient to China following domestic slump

    SYDNEY -- As domestic travel runs into headwinds, Australia's leading airlines are seeking to land Chinese customers with new sales channels and new routes to the major Asian market.Qantas, the country's flag carrier, is seizing all the opportunitie

    August 26, 2017 12:52 pm JST
  • Sumitomo carving out larger New Zealand timber supply

    TOKYO -- Sumitomo Corp. seeks a 60% increase in its New Zealand lumber capacity by the year ending in March 2020, as the Japanese trading house anticipates growing demand in China and other parts of Asia.Sumitomo subsidiary Summit Forests New Zealan

    August 26, 2017 04:52 am JST
  • Polls go to Australians in same-sex marriage vote

    MELBOURNE -- In America, it took a ruling by the nation's highest court. In Britain and France, among many other nations, it came down to a simple vote in parliament.No country, however, has addressed the issue of same-sex marriage in quite the same

    August 24, 2017 11:58 pm JST
  • Mastering Business in Asia

    Asia schools itself in the art of business

    SINGAPORE/HONG KONG -- There are plenty of metrics to chart Asia's economic rise over the last two decades, ranging from economic growth rates and industrial output to tourist numbers and car sales. Less noticed, but just as striking, is the emergen

    August 24, 2017 12:00 pm JST
  • Asia schools itself in the art of business

    SINGAPORE/HONG KONG There are plenty of metrics to chart Asia's economic rise over the last two decades, ranging from economic growth rates and industrial output to tourist numbers and car sales. Less noticed, but just as striking, is the emergence

    August 24, 2017 10:00 am JST