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Subscriber Content Read Preview

Myanmar Sanctions Put Rock Band in Hard Place
As the volume rises inside Myanmar for the U.S. and Europe to lift strict sanctions, some noise is also coming from an unlikely quarter: a local underground rock band.
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U.S. Attacks China Inc.
U.S. trade officials have launched a coordinated attack on the heavily protected and subsidized Chinese state-owned enterprises that are pounding U.S. companies not just in China but in competition globally.
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China Reinforces Energy Supplies
PetroChina agreed to buy a big slice of a shale-gas play in Canada from Shell, bolstering Beijing's footprint in North America's energy patch. Two other Chinese companies also sealed energy deals.
Earnings Drag on Tokyo, Seoul
Asian stock markets ended mixed, with Japanese and South Korean shares losing ground as investors digested earnings reports while Chinese stocks managed to overcome a lower opening; the Shanghai Composite Index gained 0.8%.
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Hutchison Whampoa Buys Orange Austria
Hutchison Whampoa agreed to buy Austria's third-largest mobile operator for about $1.71 billion in a move that will enable the Hong Kong conglomerate to expand its market share in Austria.
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Revolt Brews Against Tepco
Tokyo Electric Power and other utilities are starting to see revolt by some of their biggest customers as rising fuel costs and the shutdown of nuclear reactors push Japan's already-steep electricity costs even higher.
- In Electricity Market, Who's Got the Power?
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Sony Slashes Forecast
Sony said it veered into a fiscal third-quarter net loss of more than $2 billion and forecast a much wider full-year loss than previously expected, dragged down by losses in its TV business and the impact of the strong yen on its European operations.
- New CEO Reveals Fast-Forward Plans
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South Korea's Ruling Party Tries to Reshape Image
South Korea's ruling political party changed its name in the latest effort to reshape its scandal-marred image ahead of elections later this year.
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Amazon Launches New Website for India
Amazon.com announced its entry into the Indian online retail market with a new website, Junglee.com, which will enable customers to browse for products from a wide variety of stores and then shop for them either online or in person.
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VW to Bolster Southeast Asia Presence
Volkswagen has jumped on an opportunity to beef up its presence in Southeast Asia after its cooperation partner in Malaysia took a controlling stake in Proton, the country's national car maker.
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Panetta Draws Fire Over Afghan Shift
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Pakistan to Try Prime Minister
Philippine Strike Kills 3 Terrorists
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India Court Cancels Telecom Licenses
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Hackers Hit HSBC's Banking Sites
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Westpac to Cut 560 Jobs
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Japan Hardens Currency Rhetoric
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PetroChina Buys Stake in Shell Canada Asset
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Goldman Taps Co-Heads for Asian Unit
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HSBC to Shut U.S. Fund-Administration Unit
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Mazda Moves Deeper Into the Red
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Samsung: Court Rejects Apple Bid
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Wukan Vote Tests Waters on Grass-Roots Democracy
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Mining Heiress Boosts Stake in Fairfax
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Prosecutors Cite Sale of Secrets
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Kazakhstan Activists Jailed
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Lynas Gets Temporary Rare-Earth Refinery License
In China, Facebook Alternatives Thrive
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New China Life Plans $2.4 Billion in Bond Sales
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Ferry Sinks off New Guinea
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India Court to Continue Censorship Hearing

News by Country and Region

News from the Wall Street Journal and Dow Jones Newswires

Management

China Eyed as Next Educational Frontier
Dean John Quelch says China Europe International Business School is accelerating students' ability to take on more management and leadership responsibilities.
Power List
The top business leaders in Asia making headlines last week in select global and regional media. Powered by Dow Jones Factiva and edited for relevance and clarity.
Opinion
Joseph Sternberg: Lone Star and the Women of Korea
The country will lose a lot more than a few dollars if foreign investors stay away.
A Rare-Earths Opportunity
China risks paying a hefty price to defend a failed policy.
Sadanand Dhume: Weaning India Off Iran
Cooperating with U.S.-led sanctions against Tehran would bring New Delhi long-term dividends.
Heard on the Street
Tokyo's Fiscal Woes Don't Lead To Rome
Comparing Japan to Italy is neat shorthand for measuring the Asian nation's debt load. It's also misleading.
Australia's Banks Will Feel the Squeeze
Home or abroad, Australian banks can't catch a break.

China Real Time

China Watch: Yum's Challengers, After the Dalai Lama, Locusts Everywhere
Yum Brands battles to protect its slice of China, Tibetan unrest foreshadows life after the Dalai Lama, a swarm of 'locust' ad parodies makes a meme out of Hong Kong tensions.
Merkel No Pushover in Beijing
Video: Will Facebook Ever Enter China?
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India Real Time

Is India's Art Market Making a Comeback?
After a roller-coaster ride, India's art market seems to be on stable ground.
Review Round-Up: Gali Gali Chor Hai, the Anna Hazare-Inspired Film
What They Said: The Supreme Court's 2G Ruling
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Japan Real Time

In Electricity Market: Who's Got the Power?
In Tokyo, where buying electricity from the country's premier utility is an increasingly pricey proposition, buying power from a cheaper independent provider may seem like a good idea. Unfortunately, it's not so simple.
Japanese Drug Makers: A Tale of M&A
Picture Japan: Royal Greeting, TSE Glitch, Deadly Avalanche
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Korea Real Time

In Kaesong, NK Workers Prove Productive
The Kaesong Industrial Complex, an industrial park just inside North Korea where South Korea companies own factories that employ North Korean workers, has proven shock-proof despite heightened tensions in inter-Korean relations during the Lee Myung-bak administration.
Picture Korea: Freezing Weather and Korea's First Cruise Ship
Seoul Won't Answer Pyongyang, So We Will
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Southeast Asia Real Time

More Pun in the Philippines
The Philippines’ new catch phrase, coined to promote tourism, has stoked the imagination of the country’s playful populace.
Najib’s Twitter Following Grows
Food Fridays: Open Door Policy in Singapore
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WSJ.com International

The Wall Street Journal is now available in the following International Editions:
- WSJ.com Asia Edition
- WSJ.com Europe Edition

Rikuzentakata's Struggle
The city of Rikuzentakata was almost destroyed by the earthquake and tsunami that struck Japan in March. It is trying to rebuild but is struggling with slow progress and economic problems that predate the disaster. Will it recover? The Wall Street Journal is tracking the city's progress.
- Full coverage: Ruin and Rebirth