Republicans in Congress challenge Fed's independence

| Feb 28, 2015

Republicans in Congress challenge Fed's independence

After unemployment and deflation, Federal Reserve Chair Janet Yellen finds herself in her toughest battle yet, fighting a push by Congress to assert itself over monetary policy. Newly in control of both houses on Capitol Hill, Republicans accuse the Fed of misguided policies and ...

Near Bali, Lombok invests in Sharia tourism

| Feb 23, 2015

Near Bali, Lombok invests in Sharia tourism

A short hop from the bars and nightclubs of Bali, a Saudi family holidaying on Lombok hears the call to prayer wafting over the self-styled “island of 1,000 mosques.” Lombok is at the center of an Islamic tourism drive. Indonesia is home to the ...

Sony faces struggle to find growth path

| Feb 20, 2015

Sony faces struggle to find growth path

by Shinya Ajima

Sony Corp. has unveiled its latest multiyear business plan, including spinning off its 36-year-old Walkman portable music player unit to cut costs, but it is unclear whether the reforms will be enough to secure growth. Kazuo Hirai, chief executive of the electronics and entertainment ...

NTT Docomo bundles mobile and broadband, shaking up sector

| Feb 17, 2015

NTT Docomo bundles mobile and broadband, shaking up sector

NTT Docomo Inc. is set to launch a discount mobile phone price plan bundled with broadband communications that use the fiber-optic networks of Nippon Telegraph and Telephone Corp. group companies, in a move that’s expected to spur competition in the industry. The nation’s largest ...

Display of ancient tablets fuels looting debate

| Feb 13, 2015

Display of ancient tablets fuels looting debate

by Daniel Estrin

At first glance, the ancient Babylonian tablets on exhibit for the first time at a Jerusalem museum look like nothing more than pockmarked lumps of clay. But the 2,500-year-old treasures from present-day Iraq have become part of a thorny archaeological debate over how to ...