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U.S. probe of China’s Huawei includes bank fraud accusations linked to Iran sanctions-busting, sources say

via The Japan Times    Dec 07, 2018

Meng Wanzhou, executive board director of Huawei, attends a VTB Capital investment forum in Moscow in October 2014. | REUTERS

Chinese telecommunications giant Huawei Technologies Co. Ltd.’s chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the ...

Huawei arrest another sign of Trump administration’s disjointed diplomacy

via The Japan Times    Dec 07, 2018

A woman passes a Huawei store at a Shanghai mall on Thursday. | REUTERS

When Donald Trump flew back from a summit with China in Buenos Aires, he hailed it as “amazing” and raised hopes of a breakthrough on ...

Race to the bottom? India plans deep dive for seabed minerals

By Annie Banerji
- via The Japan Times    Dec 07, 2018

A manganese nodule | PARENT GERY / CC BY-SA 3.0 / VIA WIKIMEDIA COMMONS

In the 1870 Jules Verne classic “20,000 Leagues Under the Sea,” underwater explorer Captain Nemo predicted the mining of the ocean floor’s mineral bounty — ...

Abuse is the norm for Japan’s hometown tax donation system

By Philip Brasor,Masako Tsubuku
- via The Japan Times    Dec 07, 2018

An event to promote the original intention of the furusato n?zei (hometown tax donation) program is held in Tokyo in August. | KYODO

On Sept. 11, then-Internal Affairs and Communications Minister Seiko Noda gave a news conference at which she stated the government’s intention to revise laws for ...

ATM manufacturers in Japan see silver lining in industry’s woes in India

By Atul Ranjan
- via The Japan Times    Dec 07, 2018

People line up outside an ATM in New Delhi. | GETTY IMAGES / VIA KYODO

Even as India’s ATM industry struggles to cope with the rising cost of tightened compliance requirements aimed at boosting security standards, manufacturers expect demand for ...

Canada arrests CFO of Huawei Technologies amid reports of Iran sanction violations

via The Japan Times    Dec 06, 2018

A profile of Huawei's chief financial officer Meng Wanzhou is displayed on a Huawei computer at a company store in Beijing on Thursday. | AP

Canadian authorities said Wednesday that they have arrested the chief financial officer of China’s Huawei Technologies for possible extradition to the United States.China demanded her ...

Deputy governor says Bank of Japan has room to boost stimulus

via The Japan Times    Dec 05, 2018

Bank of Japan Deputy Gov. Masazumi Wakatabe said Wednesday the central bank should not hesitate to ramp up stimulus if risks to the economy threaten ...

Procurri’s technology meets all IT needs

   Oct 03, 2017

Singapore-based IT services provider Procurri has attracted the attention of the business world for its well-planned expansion around the world and its well-considered acquisitions and partnerships.

Peru’s oldest bank gears up for influx of foreign investment

By Karl Cryer
-    Jul 20, 2015

With middle-term economic growth forecasts looking bright, Peru's biggest bank is gearing up for an expected surge in foreign investment.

Peruvian law firms become first stop for Asian business

By Karl Cryer
-    Jul 20, 2015

Miranda & Amado, a law firm based in the Peruvian capital Lima, has seen increased interest from Asian companies wanting to operate in the country.




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