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Asia Pacific

New Zealand: Neutrality fruitful for Kiwis

New Zealand is set to benefit from keeping its head down and not getting involved in imposing sanctions on Russia for Moscow’s meddling in Ukraine.

South Korea: Investors flock to yuan

The convertibility of the Chinese currency, the yuan, and attractive interest rate offered by Chinese lenders has pumped up foreign currency deposits in South Korean domestic banks.
Hong Kong: Cloud hangs over generation

Hong Kong: Cloud hangs over generation

Hong Kong’s young people are among the unhappiest in Asia.

India: PM seeks nuclear energy deal

India’s new prime minister, Narendra Modi, is playing Japan and South Korea against each other in his quest for modern civil nuclear generation technology.

China: Sex tape probe nets jail term

Doing credible due diligence on potential Chinese partner companies is a nightmare.
Japan: Corporate taxes cut

Japan: Corporate taxes cut

The Japanese government plans to cut the corporate tax rate by five percentage points over the next five years, bringing it to about the same level as Germany's 29.95% by 2020.

Bangladesh: Remittances rise

Remittances by overseas Bangladeshi workers last month rose by 15.9% over June, despite a sharp drop in the number of people working abroad.

South Korea: Part-timers’ ranks grow

The number of South Koreans with part-time jobs has jumped by over 9% in the last year to close to two million people.

Philippines: Workers summoned home

Libya is close to a full-blown civil war, but Filipino workers say they have a “better chance of surviving” there than at home in the Philippines.

Vietnam: Coffee exports perk up

Vietnam could become the world's leading supplier of coffee within a few years, if only it can deal with the problem of low-quality beans.