Southeast Asian corporate profits weather Trump tariff storm

BANGKOK/SINGAPORE/HANOI -- Net profits of listed Southeast Asian companies grew last year as big players in key industries like aviation and chemicals benefited from retooling their groups while the blow from U.S. tariffs proved lighter than feared.


Japanese head overseas ahead of summer's fuel surcharge spike

TOKYO -- More than half a million Japanese are expected to go overseas during the Golden Week holiday starting at the end of this month as they change vacation plans to avoid rises in fuel surcharges on international flights in the summer.


'Generational' smoking phase out in Maldives faces cloudy future

MALE -- When Aik Ahmed Easa started high school in the Maldives, students like him could buy all the cigarettes they could pay for, even while in school uniform, from any retailer.


Japan chemical, material makers' profit outlook darkens on oil crisis

TOKYO -- High oil prices due to the conflict in the Middle East have taken a toll on Japanese corporate profits, with roughly 40% of major chemical and materials companies being hit with earnings forecast downgrades for the year ended in March.


Japan Post Insurance sets up first overseas subsidiary in New York

TOKYO -- Japan Post Insurance has established its first overseas subsidiary in New York, the life insurer said Thursday, looking to more closely monitor U.S. investment operations carried out in partnership with private equity firm KKR.


Asia's next economic crisis may come from youth unemployment

Syed Munir Khasru ( www.syedmunirkhasru.org ) is chairman of IPAG Asia Pacific, a Melbourne-based think tank.


AI startup trains Chinese humanoid robots in Japanese hospitality

TOKYO -- Japanese artificial intelligence startup Zeals is introducing Chinese humanoid robots that can perform tasks like guiding patients in hospitals, adopting a born-in-China, raised-in-Japan strategy as robot development lags at home.


China embraces spring break for schools. Will it boost consumption?

GUANGZHOU -- Local governments in China are adopting longer spring break holidays for school students, hoping extra time-off will encourage more family outings and help boost consumption.


After 30 years in Japan, Starbucks has remade cafe culture

TOKYO -- Starbucks Coffee will mark 30 years in Japan in August, and during that time it has grown from an upstart from the U.S. to the nation's largest cafe chain with over 2,000 stores.


Japan's Marubeni buys US aircraft parts dealer DASI to gear up for servicing

TOKYO -- Japanese trading house Marubeni has taken full ownership of U.S. aircraft parts inventory firm DASI in a deal worth tens of billions of yen (10 billion yen equals $63 million).