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  • Smuggled Chinese goods fuel tensions in Russia-led Asian bloc

    ALMATY -- Kyrgyzstan's free-trade partners have long turned a blind eye to the smuggled Chinese goods that slipped through its borders but a political spat between it and Kazakhstan has brought the issue to the fore.For two months, Kazakhstan closed

    December 15, 2017 04:47 pm JST
  • Mongolian women drive rise in organic cosmetics

    ULAANBAATAR -- A group of female entrepreneurs is developing a new use for the tens of millions of yaks, goats and sheep on Mongolia's vast steppes -- a range of organic cosmetics and skin creams, often based on traditional recipes, that is rapidly

    December 10, 2017 10:00 am JST
  • Sreeram Chaulia

    India reaches out to Asia's heartlands

    The inauguration of the Shahid Beheshti port in Chabahar, southeastern Iran, by President Hassan Rouhani this week is a landmark event for the country which has sought to develop it since the time of the last Shah in the 1970s.To Iran, which aims to

    December 5, 2017 12:21 pm JST
  • Willem H. Buiter

    The case for getting rid of high-denomination bank notes

    I previously discussed the merits of going cashless to enable central banks, including the Bank of Japan, to set interest rates at more negative levels. While that may not happen any time soon, eliminating large denomination paper currency notes --

    December 4, 2017 11:30 am JST
  • China's Belt and Road sparks a battle of the breadbaskets

    TOKYO/ALMATY, Kazakhstan China's regionwide infrastructure drive is quickly proving to be a game changer in the grain trade.The shift in the landscape was apparent when the Kazakh agriculture minister visited Beijing in early November. "Kazakhstan i

    November 30, 2017 10:00 am JST
  • Japanese telecom KDDI enjoys growth in crisis-battered Mongolia

    TOKYO -- Mongolia's economic crisis of of the past two years has proved one thing: smartphones sell even during a downturn.The East Asian country has few industries other than farming and mining, but it already has mobile phone subscribers in excess

    November 29, 2017 01:00 pm JST
  • Asia Insight

    China's Belt and Road sparks battle of the breadbaskets

    TOKYO/ALMATY, Kazakhstan -- China's regionwide infrastructure drive is quickly proving to be a game changer in the grain trade.The shift in the landscape was apparent when the Kazakh agriculture minister visited Beijing earlier this month. "Kazakhst

    November 28, 2017 01:07 pm JST
  • Japan and UK to collaborate on missile development

    TOKYO -- Japan will team with the U.K. to develop an air-to-air missile, Tokyo's first defense equipment project with a partner other than the U.S. and a potential turning point for the country's arms export policy.The planned weapon will incorporat

    November 24, 2017 11:32 am JST
  • Uzbek push for stronger ties may change face of Central Asia

    SAMARKAND, Uzbekistan -- Uzbekistan's efforts to forge improved relations with its neighbors -- representing a sharp turnaround from its past isolationism -- could significantly increase Central Asia's influence on the international stage.Earlier th

    November 23, 2017 11:30 am JST
  • 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