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  • Jonathan Hillman

    When Russia sold Alaska

    It was an epic swindling or a strategic bargain, depending on who you ask. When the U.S. took possession of Alaska from Russia, 150 years ago this week, it paid less than two cents an acre. Some economists have dubbed it a losing investment, while m

    October 17, 2017 07:00 am JST
  • Nepal takes central role in China-India gold smuggling

    KATHMANDU -- The silver car drove over 100km through the hairpin turns along the landslide-prone mountain road from Nepal's northern border with Tibet to Kathmandu, arriving in the capital just before midnight on Sept. 3. Hidden in the trunk was a p

    October 16, 2017 03:00 pm JST
  • Pakistan turns to Islamic finance market for support

    ISLAMABAD -- Pakistan's first international bond in a year is likely to be well received by investors, despite deepening concerns about the country's macroeconomic stability and deteriorating political risk profile, fund managers and economists said

    October 15, 2017 08:31 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
  • Interview

    Myanmar minister: Rohingya repatriation can begin in November

    NAYPYITAW -- Myanmar plans to begin letting Rohingya Muslim refugees who fled to neighboring Bangladesh during a military crackdown back into the country as early as next month, but at a glacial pace that would not complete the process for nearly a

    October 12, 2017 10:40 am JST
  • From household slavery to international activism

    TOKYO -- Rajkumari Chaudhari was only 9 when she started working as a domestic helper for a wealthy family in the Kanchanpur District in the west of Nepal. Her father died when she was 5 and with the family struggling to make ends meet, she was sent

    October 11, 2017 03:38 pm JST
  • Sreeram Chaulia

    Nobel award highlights Asia's nuclear challenge

    The award of the 2017 Nobel Peace Prize to the International Campaign to Abolish Nuclear Weapons is a pat on the back for transnational activists striving for a world free of atomic bombs. ICAN's fervent advocacy for the disarmament of the nine coun

    October 10, 2017 11:14 am JST
  • Japan's elder care schools struggle with new visa rules

    TOKYO -- The makeup of the classroom at Japan Welfare Education College in Tokyo has changed dramatically in just a couple of years.In over 30 years of operating, barely a single international student walked through the door. This year, nearly one i

    October 10, 2017 12:23 am JST
  • Pakistan ex PM fails to appear in court, son-in-law arrested

    ISLAMABAD (AP) -- Pakistan's former Prime Minister Nawaz Sharif failed to appear on Monday before an anti-graft tribunal where he was to be indicted on corruption charges along with several family members and co-defendants in the case.Meanwhile, aut

    October 9, 2017 09:27 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
  • Regional risks are brewing in Bangladesh's Rohingya camps

    COX'S BAZAR, Bangladesh The typical morning in Cox's Bazar might be described as tranquil. Boys and girls gather to peel the shells off shrimp brought in by small fishing boats. Tourists sit in quiet reflection on the beach, one of the world's longe

    October 5, 2017 10:00 am JST
  • Ahead of elections, Sharif's return heats up Pakistan politics

    NEW DELHI -- Now that former Prime Minister Nawaz Sharif has returned as leader of the ruling Pakistan Muslim League-Nawaz (PML-N), Pakistani politics has become more fractious ahead of next year's general elections.The Supreme Court disqualified Sh

    October 4, 2017 10:02 pm JST
  • World Bank says 64% of people who live in slums are in Asia

    SINGAPORE -- Around 64% of people who live in urban slums are in Asia, as the region experienced rapid rural-to-urban migration that has left millions of urban dwellers in poverty, according to the World Bank.East Asia, including China, was home to

    October 3, 2017 09:17 pm JST
  • Rohingya crisis raises risks of terrorism and social unrest

    COX'S BAZAR, Bangladesh -- The typical morning in Cox's Bazar might be described as tranquil. Boys and girls gather to peel the shells off shrimp brought in by small fishing boats. Tourists sit in quiet reflection on the beach, one of the world's lo

    October 3, 2017 01:30 pm JST
  • Myanmar foot-dragging leaves Rohingya in limbo

    YANGON -- Myanmar's worsening Rohingya refugee crisis is drawing increasing fire from the international community, but the government continues to drag its feet in verifying the residency of those who have fled, leaving displaced people to languish

    September 29, 2017 07:03 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
  • 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
  • Drone companies showcase 'smart guard' solutions for Indian borders

    NEW DELHI -- India is a potentially huge customer for drones to monitor vital installations, a coastline of more than 7,500km, and over 15,100km of borders with seven countries -- including old foes China and Pakistan.The country's land borders have

    September 23, 2017 02:51 pm JST
  • Interview

    Bangladesh minister rebuts Suu Kyi arguments on Rohingya

    DHAKA -- The United Nations and the Association of Southeast Asian Nations could have -- and should have -- intervened to prevent the "absolutely unprecedented" Rohingya refugee crisis, Bangladesh's state minister of foreign affairs said in an exclu

    September 22, 2017 07:36 pm JST
  • Bangladesh's garment industry braces for change

    DHAKA Bangladesh's climb up the ranks of the world's clothing exporters has lifted incomes for many in the world's eighth most-populous nation. But the trade preferences that have helped make Bangladesh the world's second-biggest apparel exporter ar

    September 21, 2017 10:00 am JST