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Category: Business

Citigroup Senior Advisor: "We all would pitch in" to help Japan

CNBC's Amanda Drury reporting live from the Asia Society in New York on Wednesday, March 23, 2011.
Business

The Asia Society in New York played host Wednesday afternoon to a panel discussion entitled "Does Economic Nationalism Threaten the World Economy?" featuring former Director of the National Economic Council for the Obama Administration Larry Summers, Asia Society Trustee and Citigroup Senior Advisor William R. Rhodes and Kathleen Stephansen, Managing Director and Head of Economic Strategy at AIG.

Rising Food Prices: Eight Months and Counting…

East Timorese residents of Dili haul bags of rice as they loot empty homes during political turmoil in Dili, East Timor, in 2006. (Paula Bronstein/Getty Images)
Business Global food prices have risen to their highest levels ever recorded since the UN Food and Agriculture Organization began its price index more than 20 years ago. So how has Asia been impacted by these price increases?

Battle of the Banks: Bangladesh's Central Bank Fires Microfinance Pioneer Muhammad Yunus

Bangladesh's central bank fired Nobel Prize winner Muhammad Yunus on Wednesday, Mar. 2, 2011.
Business

Bangladesh's central bank has fired Nobel Laureate Muhammad Yunus, the celebrated microfinance pioneer who started lending small sums of money at Grameen Bank almost 30 years ago.

'Failed Policies' to Blame for Food Shortages, Expert Argues in WSJ

Business

Asia Society Food Security Task Force advisor reiterates his call for more investment in agriculture.

Profit Motive in Microfinance: A Debate

<i>A Fistful of Rice: My Unexpected Quest to End Poverty Through Profitability</i> by Vikram Akula. (Harvard Business Press, 2010)
Business

Is the creation of a large, for-profit enterprise the best way to take the benefits of microfinance to the millions of poor people who need it?

What About China?

A Chinese miner takes a break as he unloads coal from a train in Hefei, in eastern China's Anhui province on August 4, 2010. (STR/AFP/Getty Images)
Business

While the world cheered the dramatic rescue of miners in Chile, China's trapped miners were underground and under-reported.

UNGA Week in New York Brings a Visitor from Mongolia

Mongolia Prime Minister Sukhbaatar Batbold at Asia Society New York on September 21, 2010. (Suzanna Finlay/Asia Society)
Business

Asia Society hosted His Excellency Sukhbaatar Batbold, Prime Minister of Mongolia, for an intimate working dinner at its Park Avenue headquarters.

Burger King Goes Green and Drops Indonesian Palm Oil Giant

This photograph taken during a media trip organized by Sinar Mas on August 2, 2010 show a clearing burned by farmers according to area personnel near a peat land area at the vast palm oil concession of PT SMART, the palm oil unit of Sinar Mas on Borneo island. (Romeo Gacad/AFP/Getty Images)
Business Burger King has joined a list of big corporations by dropping Indonesian palm oil producing giant Sinar Mas Agro Resources and Technology (SMART).

Is Japan Failing to Capitalize on its 'Coolness?'

Male waiters, wearing women's clothes, pose for photographs at New Type cafe on February 25, 2010 in Tokyo, Japan. (Junko Kimura/Getty Images)
Business An editorial in the Daily Yomiuri titled, "Time to capitalize on 'Cool Japan' boom" criticizes the Japanese government's failure to turn Japan's popularity overseas into economic growth.

China Takes Japan's Place as World's Second Largest Economy

China's 100 yuan, or renminbi, notes, the largest denomination in Chinese currency. (Frederic J. Brown/AFP/Getty Images)
Business

China has taken Japan's place as the world's second largest economy behind the United States.