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Asia Pacific

Southeast Asia: Prophet motive

Canada's third-largest insurer, Sun Life Financial, is boosting investment in Indonesia and Malaysia as income from Asia's biggest markets, China and India, has fallen.

Papua New Guinea: LNG ahead of schedule

The half-island nation of Papua New Guinea has shipped its first tanker of liquefied natural gas (LNG) to Japan. The $20 billion project by ExxonMobil PNG Ltd.

Singapore: Government with a smile

There has always been a hard edge to Singapore’s style of government. The popular description for it is “Gucci fascism.

Southeast Asia: VW steers toward Thailand

The eagles continue to gather as the 10-member Association of Southeast Asian Nations (ASEAN) approaches its rebirth as a European Union-like economic community next year.

India: Gold tames trade deficit

India’s efforts last year to reduce its runaway trade deficit by regulating the gold trade appear to have paid off. The country’s trade deficit was $10 billion in April, down from $18 billion in the same month last year. At the same time, exports grew 5.26% to $26 billion over $24 billion in April 2013.

South Korea: About-face on pension rules

Public opposition is forcing the government of South Korea to backtrack on giving monthly pensions to elderly dual citizens who live abroad more than 60 days a year.

Bangladesh: System tracks aid money

When international agencies give aid to a country for development projects, it is not always clear if the money gets to where it was intended or if the best use is made of it.
Japan: Debt numbers soar

Japan: Debt numbers soar

Japan’s national debt burst through a zeros boundary last week to reach 1.02 quadrillion yen.

Cambodia: Companies pressed to certify

The looming deadline next year for the 10 countries of the Association of Southeast Asian Nations (ASEAN) to become an integrated economy is beginning to have real effects.

India: Singh blocks U.S. investors

As one of his last acts as prime minister of India, Manmohan Singh has ignored a call from the opposition not to make significant decisions while the election is underway.