Australian Prime Minister Scott Morrison delivers a speech at the Sydney Institute on Saturday.
International relations

Australia recognizes West Jerusalem as Israeli capital

Prime minister says embassy will not move until city's status is settled

16 December 2018
The 2011 Fukushima disaster sill looms large over Japan's nuclear industry, which has seen rising safety costs undermine its ability to compete for overseas projects.
Business trends

Japan risks losing nuclear prowess with Turkey project abort

Plans to pursue overseas opportunities stall as safety costs tower

5 December 2018
Japan's Prime Minister Shinzo Abe, left, and Turkey's then-Prime Minister Tayyip Erdogan shake hands after agreeing to deepen cooperation in nuclear power generation in Istanbul in October 2013.
Economy

Japan to scrap Turkey nuclear project

Post-Fukushima safety measures doubled costs for Mitsubishi and partners

4 December 2018
Pakistani Prime Minister Imran Khan has been making the rounds of "friendly countries" to seek a way out of economic turmoil. (Getty Images)
Economy

Pakistan turns to 'friends' after failing to secure IMF bailout

Analysts say Saudi and Chinese billions will not restore country's credibility

21 November 2018
Chinese tourists visit the Grand Palace in Bangkok. A sharp decline in Chinese visitors is forcing the Thai government to adjust its tourism strategy.
Business trends

Chiang Mai hotels up for sale as Chinese tour crowds dry up

Thailand confronts prospect of prolonged decline in mainland tourists

20 November 2018
Turkey's Yildiz Holding plans to sell its Godiva chocolate business spanning several big Asia-Pacific markets, hoping to complete a deal by the middle of next year. (Photo by Shihoko Nakaoka)
Business deals

Godiva's East Asia chocolate business up for sale

Mitsubishi Corp. and others among potential buyers from Turkey's Yildiz

16 November 2018
Indian Prime Minister Narendra Modi, right, and Iranian President Hassan Rouhani in New Delhi in February.
Opinion

India should foster Iran relations despite sanctions

Growing links with US vital to counter China but New Delhi also profits from Tehran ties

9 November 2018
U.S. President Donald Trump aims to squeeze Tehran while minimizing the effects on the American economy.
International relations

Japan, India and China among 8 exempt from Iran oil ban, US says

Trump reinstates all sanctions that were lifted by Obama in 2015 deal

6 November 2018
SoftBank Group CEO Masayoshi Son speaks at a news conference in Tokyo on Nov. 5. (Photo by Shinya Sawai)
Companies

SoftBank committed to Saudi-backed fund despite murder

Group announces 40% cut in telecom workforce to slash service fees

6 November 2018
SoftBank Group CEO Masayoshi Son, right, and Saudi King Salman meet in Saudi Arabia in March 2017.
Companies

SoftBank defies concerns over Saudi links with new investment

Investors expected to quiz CEO on future strategy as group posts results

5 November 2018
Asia's skin care market grew 20% in the three years to 2017, thanks partly to a whitening boom.
Business trends

In vogue in Asia: Skin lightening serums, lasers and apps

Companies from Japan to Israel cash in on a growing market

2 November 2018
China’s presence in the oil tanker market is becoming increasingly strong.
Commodities

Oil tanker freight rates surge in Asia

US sanctions prompt importers to switch from Iran to Africa

31 October 2018
A worker walks over newly made pipes at a cement plant in China. Chinese demand for cement is leveling off amid a glut.
Business deals

Taiwan Cement to invest $1.1bn in new Turkey joint venture

Proximity to Europe offers chance to ease reliance on Chinese market

27 October 2018
Pakistani Prime Minister Imran Khan, center right, attends a Saudi investment conference Tuesday that was boycotted by many international business and political figures.
Economy

Saudis throw Pakistan $6bn lifeline in return for show of support

Riyadh saves face with Khan's visit amid uproar over journalist's killing

25 October 2018
Stream article image
Business trends

MUFG opens Saudi branch amid controversy

Announcement comes 3 days after bank decided against president's Riyadh trip

24 October 2018
Saudi Arabia's Future Investment Initiative conference has been marred by suspicions of government complicity in the death of journalist Jamal Khashoggi.
Business deals

Sumitomo and Hyundai ink deals at Saudi Arabia's 'Davos'

Aramco and partners sign $34bn worth of memorandums

24 October 2018
SoftBank CEO Masayoshi Son, left, and Saudi Arabian Deputy Crown Prince Mohammed bin Salman, chairman of the Public Investment Fund.
Companies

Masayoshi Son will not speak at Saudi conference

SoftBank CEO with close ties to Mohammed bin Salman joins wave of cancellations

23 October 2018
Taiwanese regulators are tightening rules on Formosa bond issuances and investments due to growing risks stemming from declines in the value of emerging-market currencies.
Markets

Emerging-market bonds lose luster as capital flees

Debt issuance drops 25% as US rate hikes expose risks

21 October 2018
SoftBank Group CEO Masayoshi Son, right, and Saudi King Salman meet in Saudi Arabia in March 2017.
Business deals

Saudis change from patron to liability for Softbank's ambitions

Vision Fund secures $9bn credit line from Japanese and international banks

20 October 2018
A gas pump hangs from the ceiling at a gasoline stand in Seoul.
Economy

South Korea to cut gasoline tax to avert further spending slowdown

Latest measure expected to offset rising crude prices and help indebted households

17 October 2018
The U.S. government has recognized Jerusalem as the capital of Israel and moved its embassy earlier this year.
International relations

Australia's Jerusalem proposal puts Indonesia trade pact at risk

Morrison floats moving embassy while Muslim countries object

17 October 2018
U.S. President Donald Trump, right, has told his Secretary of State Mike Pompeo to visit Riyadh "immediately" to meet with Saudi King Salman.
International relations

Trump sends Pompeo to Saudi Arabia, while Asia markets stumble

Corporate leaders pull out of international conference hosted by crown prince

16 October 2018
Indian Prime Minister Narendra Modi, right, and Iranian President Hassan Rouhani talk during a reception in New Delhi on Feb. 17. Securing ample supplies of energy is a crucial matter for India to support its economic growth. 
International relations

India to keep importing oil from Iran, brushing off US pressure

Despite sanction threats, New Delhi puts priority on obtaining low-cost energy

11 October 2018
Saudi Crown Prince Mohammed bin Salman is ready to have additional investments made into SoftBank Vision Funds.
Business deals

Saudi Arabia to invest $45bn more in SoftBank funds

Kingdom likely to be a continued supporter of Son's investment vehicles

7 October 2018
SoftBank Group CEO Masayoshi Son, left, signs a solar power project agreement with Crown Prince of Saudi Arabia Mohammed bin Salman on March 28.
Economy

Saudis reportedly pull plug on solar farm project with SoftBank

Both sides say they continue to cooperate on solar energy endeavors

2 October 2018