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pain </a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Viewpoints/Edward-Alden-Solving-the-global-steel-glut-means-sharing-the-pain"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/magazine/20160505/20160505_steel_3/4426394-1-eng-GB/20160505_steel_3_medium_thumbnail.jpg" width="120" alt=""/></a> <p> The steel industry is once again in crisis. Led by China, global steelmaking capacity has doubled in the past 15 years, while demand has slumped. The consequences in many countries are falling prices, idled production, bankruptcies and job losses. T</p> <div class="date-area">May 5, 2016 12:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Tech-Science/The-internet-of-things-will-require-global-cooperation-says-Bosch-exec">The internet of things will require global cooperation, says Bosch exec </a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Tech-Science/The-internet-of-things-will-require-global-cooperation-says-Bosch-exec"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201604/0421t2/20160421_struth/4390136-1-eng-GB/20160421_Struth_medium_thumbnail.jpg" width="120" alt=""/></a> <p> FRANKFURT, Germany As industries around the globe turn their attention to the internet of things -- a network of items connected through the internet -- cooperation among countries and companies is becoming much more important, according to Werner</p> <div class="date-area">May 5, 2016 12:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Politics-Economy/Malaysia-s-central-bank-slaps-the-state-s-investment-fund-with-a-fine">Malaysia's central bank slaps the state's investment fund with a fine</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Politics-Economy/Malaysia-s-central-bank-slaps-the-state-s-investment-fund-with-a-fine"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0503t/20160503_1mdb/4443983-1-eng-GB/20160503_1MDB_medium_thumbnail.jpg" width="120" alt=""/></a> <p> KUALA LUMPUR Days after Malaysia's state investment fund 1Malaysia Development Berhad missed an interest payment on a bond, it was dealt another blow in the form of a fine for flouting central bank directives.Bank Negara, the nation's central bank</p> <div class="date-area">May 5, 2016 12:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Politics-Economy/Companies-cash-in-on-China-s-green-ambitions">Companies cash in on China's green ambitions</a></h2> <div class="column-layout"> <p> SHANGHAI As China strengthens its resolve to improve air quality, overseas companies are gearing up to seize business opportunities.Some have already tapped into China's growing market for environmental technology and solutions. Japan's Mitsubishi</p> <div class="date-area">May 5, 2016 12:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Politics-Economy/Why-Japan-lost-the-Australian-sub-deal-to-France">Why Japan lost the Australian sub deal to France</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Politics-Economy/Why-Japan-lost-the-Australian-sub-deal-to-France"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201604/0426t/20160426soryu2/4410890-1-eng-GB/20160426Soryu2_medium_thumbnail.jpg" width="120" alt=""/></a> <p> SYDNEY Japan's hopes of winning its first big overseas defense contract since it lifted self-imposed restraints on such deals two years ago have been dashed. The $38.6 billion contract to help Australia build naval submarines went instead to Frenc</p> <div class="date-area">May 5, 2016 12:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/International-Relations/Abe-Merkel-differ-over-fiscal-stimulus-ahead-of-G-7-summit">Abe, Merkel differ over fiscal stimulus ahead of G-7 summit</a></h2> <div class="column-layout"> <p> BERLIN (Kyodo) -- Japan and Germany remained apart Wednesday over whether fiscal stimulus is needed to support the flagging global economy, but agreed to continue the discussion at an upcoming Group of Seven summit, Japanese officials said."We had p</p> <div class="date-area">May 5, 2016 11:45 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Business/Companies/Asia-expansion-tops-duty-free-leader-Dufry-s-to-do-list">Asia expansion tops duty-free leader Dufry's to-do list</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Business/Companies/Asia-expansion-tops-duty-free-leader-Dufry-s-to-do-list"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0504t/20160504_dufry1/4447573-3-eng-GB/20160504_dufry1_medium_thumbnail.jpg" width="120" alt=""/></a> <p> GENEVA -- Dufry, a Swiss company that runs duty-free shops, has been doing quite a lot of shopping of its own. Since 2008, it has acquired peers in North and South America, Europe and Russia. Now it has its sights set on Asia.Over the past two decad</p> <div class="date-area">May 4, 2016 08:52 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Markets/Currencies/Yen-steady-below-18-month-high-pauses-after-rally">Yen steady below 18-month high, pauses after rally</a></h2> <div class="column-layout"> <p> SINGAPORE (Reuters) -- The yen backed off from an 18-month high against the dollar on Wednesday, having lost some steam as position squaring set in after its sharp rally since last week.The dollar held steady near 106.55 yen, having pulled up from T</p> <div class="date-area">May 4, 2016 01:18 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/International-Relations/In-Belgium-and-France-Abe-promises-help-in-terror-fight">In Belgium and France, Abe promises help in terror fight</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/International-Relations/In-Belgium-and-France-Abe-promises-help-in-terror-fight"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0503n/0503n-abe-michel/4445890-1-eng-GB/0503N-Abe-Michel_medium_thumbnail.jpg" width="120" alt=""/></a> <p> BRUSSELS/PARIS -- Visiting Japanese Prime Minister Shinzo Abe and his Belgian counterpart Charles Michel agreed Tuesday to establish a bilateral dialogue on counterterrorism and hold the first session this year.Speaking at Egmont Palace in Brussels,</p> <div class="date-area">May 4, 2016 02:00 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Business/Trends/Foreign-operators-battle-for-Asian-airports-amid-privatization-wave">Foreign operators battle for Asian airports amid privatization wave</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Business/Trends/Foreign-operators-battle-for-Asian-airports-amid-privatization-wave"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502n/0502n-siem-reap-airport/4441028-1-eng-GB/0502N-Siem-Reap-Airport_medium_thumbnail.jpg" width="120" alt=""/></a> <p> TOKYO -- Competition for Asian airports is heating up as privatization offers new opportunities, with experienced European airport operators seeking a bigger slice of an $80 billion market.Kansai Airports, a consortium led by Japanese rental company</p> <div class="date-area">May 3, 2016 01:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Business/Trends/Is-Leicester-s-5-000-1-upset-the-greatest-sporting-shock">Is Leicester's 5,000-1 upset the greatest sporting shock?</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Business/Trends/Is-Leicester-s-5-000-1-upset-the-greatest-sporting-shock"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0503t/20160502-leicester-2/4443439-1-eng-GB/20160502-leicester-2_medium_thumbnail.jpg" width="120" alt=""/></a> <p> LONDON (Reuters) -- At the start of the English football season last August, bookmakers in Britain were offering odds of 5,000-1 against Leicester City winning the Premier League.5,000-1? Now, let's put that into perspective.The bookies offered odds</p> <div class="date-area">May 3, 2016 08:16 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Business/Trends/Amazing-Leicester-celebrate-fairytale-title-success">Amazing Leicester celebrate fairytale title success</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Business/Trends/Amazing-Leicester-celebrate-fairytale-title-success"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0503t/20160503-leicester/4443428-1-eng-GB/20160503-leicester_medium_thumbnail.jpg" width="120" alt=""/></a> <p> LONDON (Reuters) -- Leicester City's Premier League title dream became reality on Monday as their only remaining challengers Tottenham Hotspur drew 2-2 at Chelsea to complete one of the greatest ever sporting achievements.The result provoked an outp</p> <div class="date-area">May 3, 2016 07:48 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/International-Relations/Abe-visiting-Europe-faces-tough-push-for-G-7-policy-consensus">Abe, visiting Europe, faces tough push for G-7 policy consensus</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/International-Relations/Abe-visiting-Europe-faces-tough-push-for-G-7-policy-consensus"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502n/0502n-abe-renzi/4441220-1-eng-GB/0502N-Abe-Renzi_medium_thumbnail.jpg" width="120" alt=""/></a> <p> FLORENCE, Italy/BERLIN -- Japanese Prime Minister Shinzo Abe hopes to convince Europe's reluctant leaders to take fiscal action to bolster the global economy, but forging a policy consensus remains a tall order."The G-7 needs to send a strong messag</p> <div class="date-area">May 3, 2016 06:11 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/International-Relations/ADB-may-let-emerging-countries-raise-stakes">ADB may let emerging countries raise stakes</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/International-Relations/ADB-may-let-emerging-countries-raise-stakes"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502n/0502n-nakao/4443092-2-eng-GB/0502N-Nakao_medium_thumbnail.jpg" width="120" alt=""/></a> <p> FRANKFURT, Germany -- The Asian Development Bank appears open to allowing emerging countries to boost their stakes when the bank's capital is increased, potentially shifting the balance of power at an institution now led by Japan and the U.S.Emergin</p> <div class="date-area">May 3, 2016 06:00 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/Economy/For-G-7-consensus-on-oil-market-proves-a-slippery-beast">For G-7, consensus on oil market proves a slippery beast</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/Economy/For-G-7-consensus-on-oil-market-proves-a-slippery-beast"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502n/0502n-g7-energy-ministers/4440953-1-eng-GB/0502N-G7-energy-ministers_medium_thumbnail.jpg" width="120" alt=""/></a> <p> TOKYO -- Even as they stressed the need to maintain oil-sector investment, Group of Seven nations could not send a strong message on stabilizing petroleum prices because of policy differences, adding to doubts about the group's ability to put a floo</p> <div class="date-area">May 3, 2016 05:00 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/International-Relations/Submarine-contract-bolsters-Franco-Australian-ties">Submarine contract bolsters Franco-Australian ties</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/International-Relations/Submarine-contract-bolsters-Franco-Australian-ties"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502n/0502n-turnbull-valls/4441006-1-eng-GB/0502N-Turnbull-Valls_medium_thumbnail.jpg" width="120" alt=""/></a> <p> SYDNEY -- Australia's recent decision to award the contract for the nation's next-generation submarine fleet to a French warship builder has the two countries enjoying a honeymoon period.Australian Prime Minister Malcolm Turnbull and Manuel Valls, h</p> <div class="date-area">May 3, 2016 03:51 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/Policy-Politics/Abe-to-decide-on-tax-hike-after-G-7-summit">Abe to decide on tax hike after G-7 summit</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Politics-Economy/Policy-Politics/Abe-to-decide-on-tax-hike-after-G-7-summit"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502n/0502n-abe/4441574-1-eng-GB/0502N-Abe_medium_thumbnail.jpg" width="120" alt=""/></a> <p> FLORENCE, Italy -- Japan will decide whether to go ahead with a planned consumption tax hike based on discussions with world leaders at the Group of Seven summit in late May, Prime Minister Shinzo Abe said Monday. "I want to discuss what kind of mes</p> <div class="date-area">May 3, 2016 03:15 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Business/Companies/UK-firm-s-exec-slapped-in-South-Korea-over-deadly-sterilizers">UK firm's exec slapped in South Korea over deadly sterilizers</a></h2> <div class="column-layout"> <p> SEOUL (Reuters) -- An executive from British consumer goods giant Reckitt Benckiser was slapped during an emotional news conference as he apologised on Monday over deadly lung injuries linked to the use of humidifier sterilizers marketed by the firm</p> <div class="date-area">May 3, 2016 02:27 am JST</div> </div> </li> <li> <div class="sub-title">Commentary</div> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Viewpoints/Viewpoints/Nouriel-Roubini-The-global-growth-funk">Nouriel Roubini -- The global growth funk</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Viewpoints/Viewpoints/Nouriel-Roubini-The-global-growth-funk"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502t/20160502brazil/4439982-1-eng-GB/20160502brazil_medium_thumbnail.jpg" width="120" alt=""/></a> <p> NEW YORK -- The International Monetary Fund and others have recently revised downward their forecasts for global growth- yet again. Little wonder: The world economy has few bright spots - and many that are dimming rapidly.Among advanced economies, t</p> <div class="date-area">May 2, 2016 08:55 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035409/http://asia.nikkei.com/Business/Trends/Multinationals-under-fire-for-tax-avoidance">Multinationals under fire for tax avoidance</a></h2> <div class="column-layout"> <a href="/web/20160505035409/http://asia.nikkei.com/Business/Trends/Multinationals-under-fire-for-tax-avoidance"><img src="/web/20160505035409im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502t/20160502_google_ireland/4439794-1-eng-GB/20160502_google_ireland_medium_thumbnail.jpg" width="120" alt=""/></a> <p> TOKYO -- Revelations in last month's Panama Papers scandal brought widespread condemnation of companies and individuals using offshore companies to hide their profits from the prying eyes of the taxman.But for many, the scandal merely revealed the t</p> <div class="date-area">May 2, 2016 07:00 pm JST</div> </div> </li> </ul> </div> </div> <div class="result-sub"> <div class="result-box"> <h2>Sort by</h2> <ul> <li class="current">Newest</li> <li><a href="javascript:void(0)" onclick="return sort_by('relevance')">Relevance</a></li> </ul> </div> <div class="result-box"> <h2>Filter by</h2> <h3>Date</h3> <ul> <li class="current">All</li> <li><a href="javascript:void(0)" onclick="return facet_date('7days')">Last 7 days</a></li> <li><a href="javascript:void(0)" onclick="return facet_date('30days')">Last 30 days</a></li> <li><a href="javascript:void(0)" onclick="return facet_date('1year')">Last 1 year</a></li> </ul> </div> <div class="category-box js_see-more"> <h3>Genre</h3> <ul> <li class="current">All</li> <li><a href="javascript:void(0)" onclick="return facet_category('8')">Business</a></li> <li><a href="javascript:void(0)" onclick="return facet_category('3')">Economy</a></li> <li><a href="javascript:void(0)" onclick="return 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