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Business 26 Aug 2014 | 6:37 AM

Remote, gas-rich islands on Indonesia's South China Sea frontline

RANAI Indonesia: The word "sleepy" could have been invented for Ranai, the largest town in Indonesia's remote and sparsely populated Natuna archipelago.

Business 28 Jul 2014 | 7:47 AM

Satellites and seafood: China keeps fishing fleet connected in disputed waters

TANMEN China: On China's southern Hainan island, a fishing boat captain shows a Reuters reporter around his ageing vessel. He has one high-tech piece of kit, however: a satellite navigation system that gives him a direct link to the Chinese coastguard should he run into bad weather or a Philippine or Vietnamese patrol ship when he's fishing in the disputed South China Sea.

Business 10 Feb 2011 | 12:00 AM

Somali pirates capture supertanker with US$150mil worth of oil

NAIROBI, Kenya: Somali pirates captured a Greek-flagged supertanker carrying an estimated $150 million worth of oil to the Gulf of Mexico, the second successful attack against an oil tanker by sea bandits in two days, officials said.

Business 01 Nov 2010 | 12:00 AM

Vietnam chooses Japan as partner to mine rare earth minerals

HANOI, Vietnam: Vietnam has chosen Japan as a partner to mine rare earth metals and develop nuclear power in the Communist country, Japanese Prime Minister Naoto Kan said Sunday.

Business 04 Oct 2010 | 12:00 AM

Asia-EU summit to address global economic problems(update)

BRUSSELS: European and Asian leaders, including Malaysian Prime Minister Datuk Seri Mohd Najib Tun Abdul Razak, will seek common ground on ways to fix and regulate the global financial market but will likely be bogged down by such issues as market restrictions and trade surpluses during three days of summits.

Business 22 Sep 2010 | 12:00 AM

Report: Toyota’s China unit fined for bribery

HONG KONG: Toyota Motor Corp's Chinese auto finance unit has been fined by the authorities in the city of Hangzhou for alleged involvement in commercial bribery, China's i>Xinhua News Agency/ireported on Tuesday.

Business 22 Sep 2010 | 12:00 AM

China-Japan spat could derail gas drilling talks

TOKYO: Should the escalating spat between Japan and China over disputed islands evolve into a full-blown diplomatic battle, the economic fallout could include derailing delicate talks over developing potentially lucrative undersea gas fields between the two Asian giants.

Business 16 Nov 2009 | 12:00 AM

How powerful is the jellyfish? Seems to be very

KOKONOGI, Japan: A blood-orange blob the size of a small refrigerator emerged from the dark waters, its venomous tentacles trapped in a fishing net.

Business 11 Jul 2007 | 12:00 AM

Trawler fishermen asked to switch to aquaculture

Trawler fishermen are being encouraged to give up their operations and move into aquaculture or deepsea fishing.