Asia Market Insight

Anil Ambani - Questions and Answers

2009-08-09T19:51:00.001-07:00

In an email exchange with Paul Beckett, The Wall Street Journal's New Delhi bureau chief, Anil Ambani articulates why his company, Reliance Natural Resources, is battling Reliance Industries, controlled by his brother Mukesh, in the Supreme Court over a controversial gas deal., more

Patni Computer Profit Up 45%

2009-08-09T19:47:00.001-07:00

Patni Computer Systems posted a 45% rise in its second quarter consolidated net profit, and forecast revenue in dollar terms to rise sequentially., more

Air India Planning to Cancel Order for 6 Boeing 777s

2009-08-09T19:34:00.001-07:00

Air India, the loss-making national carrier, said it's planning to cancel orders for six Boeing Co. 777 planes., more

BSNL: Tower-Sharing Talks With Telecom Firms in Final Stages

2009-08-09T19:21:00.001-07:00

Bharat Sanchar Nigam said it is in the final stages of talks to share its telecommunications infrastructure with other service providers and expects to finalize deals soon., more

Aurobindo Pharma Profit Surges

2009-08-09T19:10:00.001-07:00

Aurobindo Pharma reported a surge in fiscal first-quarter consolidated net profit to 1.67 billion rupees ($34.6 million) from 164.2 million rupees a year earlier., more

Hindalco Profit Drops 31%

2009-08-09T19:00:00.001-07:00

Hindalco Industries, India's largest aluminum producer by output, posted a lower-than-expected 31% fall in fiscal first quarter net profit., more

India's Wine Woes Now Will Benefit Consumers Later

2009-08-09T18:51:00.001-07:00

Rajeev Samant, CEO of Sula Vineyards, on what ails vintners here and abroad and why tipplers in India will soon be spoiled for choice., more

Urban India Student PC Usage 71%: Survey

2009-08-09T18:49:00.001-07:00

A striking 71% of students in Indian metropolitan areas say they use personal computers, according to a new survey by information technology giant Tata Consultancy Services., more

Sensex Ends Up 1.8%, Highest Close in Over 12 Months

2009-08-09T18:40:00.001-07:00

Strong global cues and heavy institutional buying at the start of a new derivatives contract propelled Indian shares to their highest close in more than a year Friday., more

TVS Motor Profit Up on Lower Input Costs, Higher Sales

2009-08-09T18:22:00.001-07:00

TVS Motor beat market estimates with a more than twofold jump in its first quarter net profit as vehicle sales rose and raw material costs declined., more

Should the Private Sector Be More Involved in Government?

2009-08-09T18:16:00.001-07:00

Two Indian students on the WSJIDEBATE panel debate the role of specialists in governance after the appointment of Nandan Nilekani as the head of India's Unique ID Authority., more

Eight Reforms Needed for Independent Directors

2009-08-09T18:00:00.003-07:00

Arun Duggal, independent director and former CEO of Bank of America in India, on why independent directors are important and how their role needs to change., more

Private Airlines Call Off Strike

2009-08-09T18:00:00.001-07:00

India's private airlines have decided not to go ahead with their plan to suspend flights Aug. 18, their association said., more

Private Airlines Call Off Strike

2009-08-09T17:59:00.001-07:00

India's private airlines have decided not to go ahead with their plan to suspend flights Aug. 18, their association said., more

Shipping Corp May Buy Used Ships

2009-08-09T17:21:00.001-07:00

Shipping Corp. of India may buy four to five used ships later this year mainly to import coking coal under a planned joint venture with Steel Authority of India, a senior company executive said., more

India Minister: Will Protect Government Rights on Gas

2009-08-09T17:08:00.001-07:00

India's federal government has nothing to do with the "private dispute of two industries or industrialists" and will make all efforts to protect government and public interest in gas distribution, the oil minister said., more

No Proposal to Up Foreign Investment in Media, Banks

2009-08-09T17:00:00.001-07:00

The Indian government isn't looking at any proposal to increase the foreign direct investment limit in the banking and media sectors, Junior Commerce and Industry Minister Jyotiraditya M Scindia said., more

Bharti, MTN Extend Exclusive Talks

2009-08-09T16:51:00.001-07:00

Bharti Airtel said it has extended its exclusive merger talks with South Africa's MTN Group till Aug. 31 from July 31 earlier., more

India Exports Down in June; July PMI at 55.3

2009-08-09T16:47:00.001-07:00

India posted robust manufacturing activity, suggesting government efforts to spur the economy have helped demand at home., more

Panasonic Posts Loss

2009-08-09T16:35:00.001-07:00

Panasonic swung into the red in the fiscal first quarter ended June 30 as soft demand for electronics and costs related to early retirement programs weighed on its bottom line., more

Malaysian Lawyers Denounce Crackdown

2009-08-09T16:21:00.001-07:00

The main lawyers' organization in Malaysia said the police reaction to a rally against a tough detention law shows the government is abusing power., more

Souring Loans Weigh on HSBC's Results

2009-08-09T16:08:00.001-07:00

HSBC Holdings reported a 57% drop in first-half net profit from souring consumer and company loans in the U.S. and elsewhere, but said financial markets may have already hit their low point., more

Suzuki, Daihatsu Post Profit Drops

2009-08-09T16:00:00.001-07:00

Profits at Suzuki and Daihatsu plunged on reduced sales, but their focus on mini cars helped keep the two auto makers in the black., more

The New Bank Branch: Internet Cafés and Rent-a-Rooms

2009-08-09T06:51:00.001-07:00

Big banks are closing branches and focusing on sales of high-margin products. Meanwhile, innovative small banks are getting creative to compete, more

Will Viral Video Kill the Music Video?

2009-08-09T06:47:00.001-07:00

The recent JK Wedding video and Jon Rawlinson's fish-tank video show that fan creations can spike sales better than marketing efforts. Would there be more viral goodness if the record labels loosened their grip?, more

Japanese Electronics Companies Seek New Ways to Survive

2009-08-09T06:08:00.001-07:00

Finding cost cutting has its limits, behemoths like NEC Electronics and Hitachi look to buyouts, joint ventures, and other ways to raise capital, more

GM's China Auto Sales Soar 78%

2009-08-09T06:05:00.001-07:00

Thanks to strong demand for locally made Cadillacs, Buicks, and Wuling-brand minivans, GM's car sales in China surged in July vs. a year ago, more

Nissan Unveils the Leaf, Its New Electric Car

2009-08-09T05:51:00.001-07:00

Nissan Chief Ghosn is betting the car, which runs 100 miles on a single charge, will quickly become a mass market hit, more

Cash For Clunkers Helps Ford To July Gain

2009-08-09T05:47:00.001-07:00

Ford Motor Co. on Monday will post a single-digit sales gain over the same month a year ago, the first monthly sales gain the automaker has posted since 2007., more

Panasonic Posts Losses But Boosts Sales Overseas

2009-08-09T05:08:00.001-07:00

Demand for consumer electronics remains weak, but the expansion of Panasonic's appliance business abroad is a definite bright spot, more

MGM Mirage Faces Macau Review

2009-08-09T05:00:00.001-07:00

New Jersey's gaming commission reopened MGM Mirage's license to run a casino in Atlantic City for review, citing an investigation into its relationship with Pansy Ho, its business partner in Macau., more

OCBC Profit Rises 10% on Income

2009-08-09T04:52:00.001-07:00

Oversea-Chinese Banking's second-quarter net profit rose 10%, as higher income helped offset an increase in bad-debt charges for Singapore's third-largest bank by assets., more

Panasonic Posts Loss

2009-08-09T04:10:00.001-07:00

Panasonic swung into the red in the fiscal first quarter ended June 30 as soft demand for electronics and costs related to early retirement programs weighed on its bottom line., more

Strike Talks at Car Maker Break Off

2009-08-09T04:00:00.001-07:00

Talks to end a months-long strike at South Korean auto maker Ssangyong . broke off, with management threatening to take steps toward liquidation unless the union accepts a compromise offer on layoffs., more

Australia Aims to Avoid Housing Bubble

2009-08-08T21:51:00.001-07:00

While much of the world grapples with a housing slump, Australian policymakers are starting to worry about the opposite problem: A housing bubble., more

Everbright Securities Aims for $1.6 Billion IPO

2009-08-08T21:47:00.001-07:00

Everbright Securities hopes to raise as much as $1.6 billion in what would be the latest big initial public offering in China., more

Hong Kong to Sell First Bonds Since '04

2009-08-08T21:08:00.001-07:00

The Hong Kong government plans to sell local-currency bonds as early as September, its first bond sales since 2004., more

Suzuki, Daihatsu Post Profit Drops

2009-08-08T21:00:00.001-07:00

Profits at Suzuki and Daihatsu plunged on reduced sales, but their focus on mini cars helped keep the two auto makers in the black., more

Malaysian Lawyers Denounce Crackdown

2009-08-08T20:51:00.001-07:00

The main lawyers' organization in Malaysia said the police reaction to a rally against a tough detention law shows the government is abusing power., more

Souring Loans Weigh on HSBC's Results

2009-08-08T20:47:00.001-07:00

HSBC Holdings reported a 57% drop in first-half net profit from souring consumer and company loans in the U.S. and elsewhere, but said financial markets may have already hit their low point., more

China Tests U.S. Lead in Manufacturing

2009-08-08T20:10:00.001-07:00

China is on its way to surpassing the U.S. as the world's largest manufacturer far sooner than expected., more

China Tests U.S. Lead in Manufacturing

2009-08-08T20:08:00.001-07:00

China is on its way to surpassing the U.S. as the world's largest manufacturer far sooner than expected., more

Resource Shares Lead Stocks Higher

2009-08-08T19:52:00.001-07:00

Asian markets ended mostly higher, with commodity shares in the lead as data showed Chinese manufacturing activity continued to gather pace. Shanghai rose 1.5%., more

Shipping Corp May Buy Used Ships

2009-08-08T19:50:00.003-07:00

Shipping Corp May Buy Used Ships

2009-08-08T19:50:00.001-07:00

Private Airlines Call Off Strike

2009-08-08T19:23:00.001-07:00

India's private airlines have decided not to go ahead with their plan to suspend flights Aug. 18, their association said., more

India Minister: Will Protect Government Rights on Gas

2009-08-08T19:18:00.001-07:00

India Exports Down in June; July PMI at 55.3

2009-08-08T19:00:00.001-07:00

India's exports continued to sink in June but a separate survey showed manufacturing activity remained robust in July, evidence that fiscal incentives and rate cuts helped boost demand at home and offset a marked slowdown in external trade., more

No Proposal to Up Foreign Investment in Media, Banks

2009-08-08T18:52:00.001-07:00

Bharti, MTN Extend Exclusive Talks

2009-08-08T18:47:00.001-07:00

Bharti Airtel said it has extended its exclusive merger talks with South Africa's MTN Group till Aug. 31 from July 31 earlier., more

Strike Talks at Car Maker Break Off

2009-08-08T17:13:00.001-07:00

Strike Talks at Car Maker Break Off

2009-08-08T17:05:00.001-07:00

Mitsubishi UFJ, Autos Lead Gains

2009-08-08T16:55:00.001-07:00

Asian stock markets were mixed Monday with Mitsubishi UFJ and auto makers outperforming on better-than-expected results, but the Nikkei was down 0.3%., more

China Tests U.S. Lead in Manufacturing

2009-08-08T16:10:00.001-07:00

China is on its way to surpassing the U.S. as the world's largest manufacturer far sooner than expected., more

OCBC Profit Rises 10% on Income

2009-08-08T16:00:00.001-07:00

Oversea-Chinese Banking's second-quarter net profit rose 10%, as higher income helped offset an increase in bad-debt charges for Singapore's third-largest bank by assets., more

Eight Reforms Needed for Independent Directors

2009-08-08T06:51:00.001-07:00

Arun Duggal, independent director and former CEO of Bank of America in India, on why independent directors are important and how their role needs to change., more

Wesfarmers CEO Focuses on Performance

2009-08-08T06:47:00.001-07:00

The CEO of Wesfarmers says a turnaround of the Australia conglomerate's Coles division can be achieved with emphasis on a performance culture., more

Hong Kong to Sell First Bonds Since '04

2009-08-08T06:09:00.001-07:00

The Hong Kong government plans to sell local-currency bonds as early as September, its first bond sales since 2004., more

Australia Aims to Avoid Housing Bubble

2009-08-08T06:04:00.001-07:00

While much of the world grapples with a housing slump, Australian policymakers are starting to worry about the opposite problem: A housing bubble., more

China Tests U.S. Lead in Manufacturing

2009-08-08T05:53:00.003-07:00

China is on its way to surpassing the U.S. as the world's largest manufacturer far sooner than expected., more

Everbright Securities Aims for $1.6 Billion IPO

2009-08-08T05:53:00.001-07:00

Everbright Securities hopes to raise as much as $1.6 billion in what would be the latest big initial public offering in China., more

MGM Mirage Faces Review Over Macau

2009-08-08T05:10:00.001-07:00

Protesters in Malaysia Are Detained

2009-08-08T05:00:00.001-07:00

Malaysia detained dozens of antigovernment protesters following a sweeping weekend demonstration in Kuala Lumpur., more

Thousands Mourn Filipino Ex-President

2009-08-08T04:51:00.001-07:00

Mourners wept as they paid their last respects at the wake of former President Corazon Aquino on Sunday, with some pledging to carry on her legacy by protecting the democracy she helped install 23 years ago., more

9 U.S., NATO Troops Die in Afghanistan

2009-08-08T04:47:00.001-07:00

Afghan insurgents killed nine foreign soldiers -- six of them Americans -- on Saturday and Sunday, in one of the deadliest weekends in Afghanistan for the U.S. and its allies since the fall of the Taliban in 2001., more

U.N.: Afghan Civilian Deaths Up 24%

2009-08-08T04:09:00.001-07:00

The U.N. said the number of civilians killed in Afghanistan has jumped 24% so far this year, with airstrikes and bombings by insurgents the biggest killers., more

Urban India Student PC Usage 71%: Survey

2009-08-08T04:00:00.001-07:00

A striking 71% of students in Indian metropolitan areas say they use personal computers, according to a new survey by information technology giant Tata Consultancy Services., more

HTC Gets Pinched by Competitors

2009-08-07T21:51:00.001-07:00

Handset maker HTC said it now expects revenue to fall this year because of product delays and a drop in contract orders., more

In Japan, Lenders Face Headwinds

2009-08-07T21:47:00.001-07:00

Japan's banks showed signs of recovery in their fiscal first-quarter results, but while the nation's biggest lender reported profit gains, other bank results showed a difficult operating environment persists., more

Sales Dip at Japan's Drug Makers

2009-08-07T21:15:00.001-07:00

Japan's leading pharmaceutical makers reported slower earnings growth, dragged down by falling sales due to a strong yen and a limited pipeline of new drug launches., more

China Aims to Keep Markets Open

2009-08-07T21:00:00.001-07:00

China started formal complaints at the WTO against U.S. and EU trade barriers, seeking to keep markets open to its exports., more

Hatoyama Upholds Political Tradition

2009-08-07T20:51:00.001-07:00

Yukio Hatoyama could bring sweeping changes to Japan if his opposition party prevails in coming elections, ushering in an independent course in foreign affairs., more

Security Forces Targeted in Kashmir

2009-08-07T20:47:00.001-07:00

Suspected rebels killed an Indian paramilitary troop and wounded two others in Indian Kashmir's main city, the first time security forces have been targeted this year., more

RBS Nears Deal to Sell Asian Assets

2009-08-07T20:10:00.001-07:00

Royal Bank of Scotland is close to sealing a long-anticipated deal to sell some of its Asian assets to Australia & New Zealand Banking Group., more

Plague Outbreak in Chinese Town

2009-08-07T20:09:00.001-07:00

Thousands of people have been placed under quarantine in a town in northwest China after a man died of pneumonic plague and 11 others were confirmed infected with the deadly lung infection., more

Talks Fail at South Korean Car Maker

2009-08-07T19:54:00.001-07:00

Talks to end a months-long strike at ailing Ssangyong Motor broke off, with management threatening to take steps toward bankruptcy unless the union accepts a compromise offer on layoffs., more

England's Cricketers Raze Australia

2009-08-07T19:48:00.001-07:00

England reach 116-2 before bad light ends play on second day after Australia collapsed from 126-1 to 263 all out., more

Nissan Unveils New Electric Car

2009-08-07T19:34:00.001-07:00

The Japanese car maker's CEO said he isn't worried that the company's new electric vehicle will face stiff competition from hybrid cars offered by rival companies., more

Malaysian Protesters Clash With Police

2009-08-07T17:27:00.001-07:00

Malaysian riot police fired tear gas and water cannons in clashes with thousands of antigovernment demonstrators protesting a long-standing law allowing detention without trial., more

Three U.S. Troops Die in Afghanistan

2009-08-07T16:50:00.001-07:00

Militants in eastern Afghanistan attacked U.S. forces with gunfire after a roadside bomb hit their convoy. Three American troops were killed in the attack., more

Thousands Mourn Filipino Ex-President

2009-08-07T16:34:00.001-07:00

Plague Outbreak in Chinese Town

2009-08-07T16:24:00.001-07:00

Thousands of people have been placed under quarantine in a town in northwest China after a man died of pneumonic plague and 11 others were confirmed infected with the deadly lung infection., more

Talks Fail at South Korean Car Maker

2009-08-07T16:09:00.001-07:00

Talks to end a months-long strike at ailing Ssangyong Motor broke off, with management threatening to take steps toward bankruptcy unless the union accepts a compromise offer on layoffs., more

Nissan Unveils New Electric Car

2009-08-07T16:03:00.001-07:00

The Japanese car maker's CEO said he isn't worried that the company's new electric vehicle will face stiff competition from hybrid cars offered by rival companies., more

RBS Nears Deal to Sell Asian Assets

2009-08-07T06:51:00.001-07:00

Royal Bank of Scotland is close to sealing a long-anticipated deal to sell some of its Asian assets to Australia & New Zealand Banking Group., more

England's Kings of Swing Demolish Australia

2009-08-07T06:08:00.001-07:00

England reach 116-2 before bad light ends play on second day after Australia collapsed from 126-1 to 263 all out., more

Security Forces Targeted in Kashmir

2009-08-07T06:00:00.001-07:00

Suspected rebels killed an Indian paramilitary troop and wounded two others in Indian Kashmir's main city, the first time security forces have been targeted this year., more

Malaysian Protesters Clash With Police

2009-08-07T05:58:00.001-07:00

Malaysian riot police fired tear gas and water cannons in clashes with thousands of anti-government demonstrators protesting a long-standing law allowing detention without trial., more

Philippines Ex-President Aquino Dies

2009-08-06T21:51:00.001-07:00

Corazon Aquino, who helped bring down a dictator as leader of the "People Power" revolution and became president of the Philippines in 1986, died Saturday in Manila at age 76., more

Hatoyama Upholds Political Tradition

2009-08-06T21:47:00.001-07:00

Yukio Hatoyama could bring sweeping changes to Japan if his opposition party prevails in coming elections, ushering in an independent course in foreign affairs., more

China Aims to Keep Markets Open

2009-08-06T21:08:00.001-07:00

China started formal complaints at the WTO against U.S. and EU trade barriers, seeking to keep markets open to its exports., more

Aggressive Australia Put England on Back Foot

2009-08-06T21:00:00.001-07:00

Cricket: Ricky Ponting's side look to make up lost time after rain-delayed the start, and close day one on 126-1 after winning the toss at Edgbaston., more

U.N.: Afghan Civilian Deaths Up 24%

2009-08-06T20:51:00.001-07:00

The U.N. said the number of civilians killed in Afghanistan has jumped 24% so far this year, with airstrikes and bombings by insurgents the biggest killers., more

Japan's Drug Makers See Sales Slow

2009-08-06T20:47:00.001-07:00

Japan's leading pharmaceutical makers reported slower earnings growth, dragged down by falling sales due to a strong yen and a limited pipeline of new drug launches., more

HTC Gets Pinched by Competitors

2009-08-06T20:08:00.001-07:00

Handset maker HTC said it now expects revenue to fall this year because of product delays and a drop in contract orders., more

Sony Is Still Feeling the Recession's Bite

2009-08-06T20:00:00.001-07:00

The electronics and entertainment giant posted a $271 million quarterly loss on a 19% drop in revenue, putting more pressure on CEO Stringer, more

Vital Signs: Employment Still Looks Weak

2009-08-06T18:36:00.001-07:00

On deck: ISM indexes, construction spending, car sales, personal income, pending home sales, factory orders, and the employment report, more

Is China Leading a Global Recovery?

2009-08-06T18:08:00.001-07:00

, more

Yahoo: Losing the Geek Factor

2009-08-06T18:00:00.001-07:00

Surrendering search responsibilities to Microsoft will likely take a toll on Yahoo's engineering and innovation prowess, more

Why Korean Tech Firms Are Ahead of Rivals in Japan

2009-08-06T17:51:00.001-07:00

Korea's Samsung has been thriving as Japan's Sony and Sharp tread water. A weak won and strong yen are not the only explanation, more

Asia Market Insight

Anil Ambani - Questions and Answers

Patni Computer Profit Up 45%

Air India Planning to Cancel Order for 6 Boeing 777s

BSNL: Tower-Sharing Talks With Telecom Firms in Final Stages

Aurobindo Pharma Profit Surges

Hindalco Profit Drops 31%

India's Wine Woes Now Will Benefit Consumers Later

Urban India Student PC Usage 71%: Survey

Sensex Ends Up 1.8%, Highest Close in Over 12 Months

TVS Motor Profit Up on Lower Input Costs, Higher Sales

Should the Private Sector Be More Involved in Government?

Eight Reforms Needed for Independent Directors

Private Airlines Call Off Strike

Private Airlines Call Off Strike

Shipping Corp May Buy Used Ships

India Minister: Will Protect Government Rights on Gas

No Proposal to Up Foreign Investment in Media, Banks

Bharti, MTN Extend Exclusive Talks

India Exports Down in June; July PMI at 55.3

Panasonic Posts Loss

Malaysian Lawyers Denounce Crackdown

Souring Loans Weigh on HSBC's Results

Suzuki, Daihatsu Post Profit Drops

The New Bank Branch: Internet Caf&eacute;s and Rent-a-Rooms

Will Viral Video Kill the Music Video?

Japanese Electronics Companies Seek New Ways to Survive

GM's China Auto Sales Soar 78%

Nissan Unveils the Leaf, Its New Electric Car

Cash For Clunkers Helps Ford To July Gain

Panasonic Posts Losses But Boosts Sales Overseas

MGM Mirage Faces Macau Review

OCBC Profit Rises 10% on Income

Panasonic Posts Loss

Strike Talks at Car Maker Break Off

Australia Aims to Avoid Housing Bubble

Everbright Securities Aims for $1.6 Billion IPO

Hong Kong to Sell First Bonds Since '04

Suzuki, Daihatsu Post Profit Drops

Malaysian Lawyers Denounce Crackdown

Souring Loans Weigh on HSBC's Results

China Tests U.S. Lead in Manufacturing

China Tests U.S. Lead in Manufacturing

Resource Shares Lead Stocks Higher

Shipping Corp May Buy Used Ships

Shipping Corp May Buy Used Ships

Private Airlines Call Off Strike

India Minister: Will Protect Government Rights on Gas

India Exports Down in June; July PMI at 55.3

No Proposal to Up Foreign Investment in Media, Banks

Bharti, MTN Extend Exclusive Talks

Strike Talks at Car Maker Break Off

Strike Talks at Car Maker Break Off

Mitsubishi UFJ, Autos Lead Gains

China Tests U.S. Lead in Manufacturing

OCBC Profit Rises 10% on Income

Eight Reforms Needed for Independent Directors

Wesfarmers CEO Focuses on Performance

Hong Kong to Sell First Bonds Since '04

Australia Aims to Avoid Housing Bubble

China Tests U.S. Lead in Manufacturing

Everbright Securities Aims for $1.6 Billion IPO

MGM Mirage Faces Review Over Macau

Protesters in Malaysia Are Detained

Thousands Mourn Filipino Ex-President

9 U.S., NATO Troops Die in Afghanistan

U.N.: Afghan Civilian Deaths Up 24%

Urban India Student PC Usage 71%: Survey

HTC Gets Pinched by Competitors

In Japan, Lenders Face Headwinds

Sales Dip at Japan's Drug Makers

China Aims to Keep Markets Open

Hatoyama Upholds Political Tradition

Security Forces Targeted in Kashmir

RBS Nears Deal to Sell Asian Assets

Plague Outbreak in Chinese Town

Talks Fail at South Korean Car Maker

England's Cricketers Raze Australia

Nissan Unveils New Electric Car

Malaysian Protesters Clash With Police

The New Bank Branch: Internet Cafés and Rent-a-Rooms