China and Japan draw closer as Asia's diplomatic order shifts

China and Japan draw closer as Asia's diplomatic order shifts

Bitter territorial disputes over East China Sea islands and long-running grievances dating back to World War II have led to regular outbreaks of hostilities between China and Japan. At one point, ties became so bad that the two sides resorted to invoking Voldemort, the fictional villain in the Harry Potter books, in their verbal barbs […]

Hong Kong's Hang Seng leads gains in Asia as Trump Iran decision awaited

Hong Kong's Hang Seng leads gains in Asia as Trump Iran decision awaited

Stock markets in Asia were mostly higher Tuesday, buoyed by continued gains in the U.S. Monday even as investors await President Donald Trump’s decision on whether to withdraw from the Iran nuclear deal. Read: Trump says he’ll announce his Iran nuclear deal decision on Tuesday “Risk sentiment is back up a little right now,” said […]

Dollar hits new 2018 peak as stocks rally

Dollar hits new 2018 peak as stocks rally

Monday 18.00 BST What you need to know Dollar jumps to fresh high in 2018 Wall Street stocks climbing, buoyed by energy groups Oil at 4-year highs above $76 on Iran-US rhetoric European stocks firmer in wake of Nestlé-Starbucks tie-up Turkish lira sinks as EM currencies take a further hit Asia equities led higher by […]

Trump, Kim, Mongolia? A dream fades in the Switzerland of Asia

Trump, Kim, Mongolia? A dream fades in the Switzerland of Asia

As spring breathes fresh life into Mongolia, hopes that its capital Ulan Bator could soon be the stage for a different kind of thaw are melting fast. And for neutral observers in the country that had been nursing ambitions of becoming the ‘Switzerland of Asia’, it’s hard not to share Mongolians’ sense of missed opportunity. […]

Aeon plans to multiply its indoor theme parks across Asia

Aeon plans to multiply its indoor theme parks across Asia

TOKYO — Japanese retail group Aeon will be running more indoor theme parks abroad than at home by the end of this decade as it move to taps Asia’s expanding population of middle-class families. Subsidiary Aeon Fantasy has opened 459 indoor theme parks in Japan as of the end of February, which exceeds the 389 […]

Vermont National Guard deploying to Southwest Asia in June

Vermont National Guard deploying to Southwest Asia in June

CLOSE Maj. Gen. Steven Cray, adjutant general of the VT National Guard, announces on Friday May 4, 2018 that 60 air ambulance soldiers will be deployed. Glenn Russell, The Burlington Free Press Buy Photo 1st Sgt. Derek Lafarriere of the Vermont Army National Guard senior enlisted soldier in Charlie Company, a helicopter-borne air ambulance unit, […]

Asia: jobs policy vs the machines

Asia: jobs policy vs the machines

Concerns about the negative impact of technology on the labour market are not new. As early as 1817, at the beginning of the first industrial revolution, economist David Ricardo explained how jobs in the English textile industry were being lost as a result of the introduction of automatic weaving machines. The application of new technology […]

Asia Arms Itself in Global Defense Shift

Asia Arms Itself in Global Defense Shift

Want to receive this post in your inbox every morning? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. Military spending is on the rise worldwide — especially in Asia. With geopolitical tensions simmering across the region, the weight of global defense outlays is “clearly shifting” toward the […]