Archives: June 2008

More Toyota hybrids for China

Posted by: Ian Rowley on June 30

For all Toyota's recent success in China, it's fair to say the Prius isn't one of them. While Americans can't get enough of the gas-electric hybrid, Chinese sales, stymied by...

Chinese prefer to watch olympics on foreign-branded TVS

Posted by: Frederik Balfour on June 28

Nationalistic pride may be reaching unprecedented levels in China as the Beijing Olympic games approach, but their patriotic fervor doesn’t seem to extend as far as the television showroom. According...

Sony's Bad Luck

Posted by: Kenji Hall on June 27

Talk about bad timing. Sony's announcement yesterday that it will turn around its loss-making TV and videogame businesses this fiscal year and work to give nearly all of its gadgets...

Hard Times Ahead for India's Jet Airways

Posted by: Bruce Einhorn on June 27

India’s premier airline is facing tough times. Jet Airways, the top private-sector carrier in the country, made a name for itself providing service far and away superior to that offered...

Why the rich aren't like you and me

Posted by: Frederik Balfour on June 26

Want some sobering news? The rich keep getting richer and the super rich are getting super-super rich even faster than the rich. For those of us struggling to make...

PwC on Why Chinese Win Medals and Indians Don't

Posted by: Bruce Einhorn on June 25

Readers of this blog sometimes like to point to the dearth of Indian Olympic medal winners as some kind of big reflection of the country’s problems. Surely if India had...

Will HSBC and Lone Star Scrap KEB Deal?

Posted by: Ihlwan Moon on June 24

U.S. buyout fund Lone Star’s $6 billion deal to sell its 51% stake in Korea Exchange Bank (KEB) to HSBC could collapse unless they agree to extend a deadline for...

Cambodia's response to inflation: stop releasing figures

Posted by: Frederik Balfour on June 23

With Asian governments from Beijing to Manila to Delhi trying to tame the inflationary beast, the Cambodians have come up with a rather unusual solution of their own. According to...

Sony Shareholders Want to See the Money

Posted by: Kenji Hall on June 20

Show me the money. That’s what investors heckled Sony’s management about at the company’s annual shareholders meeting held today in Tokyo. What were their specific demands? Raise dividends and fully...

Private Indian airlines are the best carriers

Posted by: Manjeet Krpalani on June 19

The days of exceptional, stylish air travel are over, right? Wrong. Anyone travelled by Jet Airways recently? Do it. Jet is India's premier airline, domestic only till last year but...

Why I won't pay for broadband at five star hotels in Vietnam

Posted by: Frederik Balfour on June 19

Hands up all you readers who hate paying internet connection fees at five star hotels when there is a perfectly good cafe nearby with free Wi-Fi. Whenever I’m in Ho...

Pakistan trying to attract Chinese money

Posted by: Bruce Einhorn on June 19

Chinese investors may have had their share of difficulties in India, but going by the reception that one of China's top business leaders has just received in Pakistan, they're seeing...

Of Boats and Moles and Saving Face

Posted by: Kenji Hall on June 18

What do a sunken fishing boat and a few rocky islands inhabited by moles and ants have to do with diplomacy in Asia? A lot more than you’d think. First,...

eBay set to announce Vietnam deal

Posted by: Frederik Balfour on June 16

I'm quite excited at this, my first attempt to break a story by blogging. According to a well placed source with a tech venture capitalist outfit IDG in Vietnam, I...

Honda taps star power to boost fuel cell car

Posted by: Ian Rowley on June 16

I wrote an article recently which alluded to Honda's irritation at the way Prius-powered Toyota established itself as a green leader even though Honda launched the Insight, its first hybrid,...

Blogspotting: Tokyo Art Site Goes to NYC

Posted by: Kenji Hall on June 13

Rarely do I plug Web sites but I want to tip my hat to one: Tokyo Art Beat. This bilingual site is, in my opinion, the definitive, easy-to-use guide to...

Hong Kong pays dearly for Pollution

Posted by: Frederik Balfour on June 13

You don’t have to look any further than your window when searching for evidence of Hong Kong’s foul air. But for those of us clamoring for improvements to air quality...

For Indian Pharma, a Demoralizing Ranbaxy Deal

Posted by: Bruce Einhorn on June 12

The news that Japan's Daiichi Sankyo has acquired Ranbaxy, the leading Indian drugmaker, is a major blow to India's pharmaceutical ambitions. For many boosters of India’s pharma industry, it’s a...

Toyota seeks the ultimate battery

Posted by: Ian Rowley on June 12

A big chunk of the current debate over the future of hybrids and electric vehicles surrounds the readiness of lithium ion batteries. The next generation batteries are more powerful and...

Strange Bedfellows in Japan: Google, Apple and Yahoo

Posted by: Kenji Hall on June 10

Much has been said about Apple and Google’s awkward iPhone alliance. (On June 3, the Silicon Alley Insider touched on this very theme.) With Google’s move to customize its array...

Japan's Olympic swimmers want to wear Speedos

Posted by: Ian Rowley on June 09

An Olympic year is usually a great opportunity for sportswear manufacturers to show off their wares, but the run up to the Beijing Games this summer isn't going at all...

India's new sociology: RURBAN

Posted by: Manjeet Krpalani on June 09

Everyone thought that rural and urban India were too far apart, and never the twain would meet. The politicians especially thought that, and have been fighting their divisive electoral battles...

India's new sociology: being RURBAN

Posted by: Manjeet Krpalani on June 09

Everyone thought that rural and urban India were too far apart, and never the twain would meet. The politicians especially thought that, and have been fighting their divisive electoral battles...

"impartial, objective and fair"

Posted by: Dexter Roberts on June 06

It's just before the upcoming fourth Strategic Economic Dialogue between the U.S. and China--this time happening June 17-18 in Annapolis, Maryland and bringing together Treasury Secretary Henry Paulson and vice...

New Food Safety Regs in China

Posted by: Bruce Einhorn on June 06

With all that’s happened in China this year – the winter storms, the Tibet unrest, and the tragedy in Sichuan – the uproar about Chinese food safety seems far in...

South Korea Fines Intel

Posted by: Ihlwan Moon on June 05

Intel suffered a setback in South Korea where antitrust regulators ruled on June 5 that the world’s largest chipmaker abused its dominance to hamper competition. The Korea Fair Trade Commission...

Obama and India

Posted by: Bruce Einhorn on June 05

Last summer, before most people were paying much attention to the Democratic presidential contest in the U.S., Barack Obama had to apologize after a staffer issued a statement that tried...

Korean Unit Looms Large for GM

Posted by: Ihlwan Moon on June 04

With oil prices soaring and consumers moving away from trucks, General Motors’ 2002 acquisition of bankrupt Daewoo Motor in Korea looks increasingly smart. The Korean unit, now called GM Daewoo...

And the Winner of Japan's iPhone Sweepstakes is...

Posted by: Kenji Hall on June 04

Softbank scored a major coup today with its announcement that it has signed on to sell Apple’s iPhone in Japan. The deal gives the country's third-largest wireless operator the kind...

China telecom restructuring questions

Posted by: Dexter Roberts on June 03

For a long time, Beijing has been not so much trying to clip China Mobile's wings as introduce real competition and help the other telecom players become also viable including...

Record year for Japan's auto exports

Posted by: Ian Rowley on June 02

In this week's BusinessWeek, I've written an article looking at the contrast between slumping auto sales in Japan and increasing investment in new plants by local car makers. The investment...

China Unicom: Free at Last

Posted by: Bruce Einhorn on June 02

China Unicom, the country’s also-ran cellular player, has always had to operate with a major handicap. Back in the 1990s, Zhu Rongji, the economic czar who later became premier, wanted...

Japan Post's Electric Dreams

Posted by: Kenji Hall on June 01

With oil prices going through the roof, it’s not a bad time for Japan Post to be trying to wean itself off gas-powered cars. Japan’s recently privatized postal delivery system...

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Bloomberg Businessweek’s team of Asia reporters brings you the latest insights on business, politics, technology and culture from some of the world’s biggest and fastest-growing economies.

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