TOKYO (Nikkei)--Ratan Tata announced in early August that he would step down as head of Tata Group and chairman of the group's holding company, Tata Sons Ltd., when he turns 75 in December 2012, and that a five-member panel would be set up to choose his successor.
TOKYO (Nikkei)--South Korean President Lee Myung-bak in early August conducted a drastic cabinet reshuffle, appointing Kim Tae-ho, former governor of South Gyeongsang, as new prime minister to replace Chung Un-chan and changing seven other ministers.
TOKYO (Nikkei)--Wei Jingshen in 1997. Wang Dan in 1998. Xu Wenli, Ngawang Choephel and Wang Ce in 2002.
TOKYO (Nikkei)--In late June, the Indian government finally took the decisive first step toward liberalizing petroleum product prices -- its long-term policy goal for energy pricing.
TOKYO (Nikkei)--In contrast to Russo-Japanese relations, which have long been frosty due to festering territorial disputes, South Korea and Russia have cultivated relatively friendly ties in recent years. But South Korea's second failed attempt to send a scientific satellite into space using Russian technology is putting a strain on the relationship, with the two countries blaming each other for the failure.