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  • Climate talks

    US, China hold key to reaching deal

    PARIS -- The success of the climate change summit that began here Monday will hinge on whether the U.S. and China, the top two greenhouse gas emitters and representatives of developed and developing countries, can see eye to eye. U.S. President

    December 1, 2015 06:35 am JST
  • Hong Kong stocks

    West China Cement gains on consolidation deal

    HONG KONG -- Shares of West China Cement surged here Monday on news of a major consolidation in which the company would buy four Anhui Conch Cement subsidiaries for 4.59 billion Hong Kong dollars ($603 million) using newly issued stock. West Chi

    December 1, 2015 06:00 am JST
  • Climate talks

    World leaders unite to tackle climate change

    PARIS -- Global leaders gathered here Monday for a climate summit pledged to stand together against the threat of global warming, setting in motion frantic diplomatic efforts to reach a new, more sweeping agreement. "Paris must be the start of

    December 1, 2015 05:35 am JST
  • Water treatment

    Toray expands global business with filtration membranes

    TOKYO -- Toray Industries is looking to the growth markets of Asia and the Middle East to swell its business of filtration membranes for water treatment, aiming to double annual sales in this sector to 100 billion yen ($808 million) by 2020. The

    December 1, 2015 05:15 am JST
  • IMF gives China's currency prized reserve asset status

    WASHINGTON (Reuters) -- The International Monetary Fund on Monday, as expected, admitted China's yuan into its benchmark currency basket in a victory for Beijing's campaign for recognition as a global economic power. The IMF executive board's d

    December 1, 2015 04:51 am JST
  • Chinese equities

    Poultry producers soar on ban of French imports

    HONG KONG -- Shares in Shenzhen-listed poultry producers rallied Monday on news that China would temporarily block imports of some French chicken as a precaution against bird flu. Shandong Xiantan rose 10% to close at 39.77 yuan ($6.22), its fir

    December 1, 2015 04:17 am JST
  • Streaming video

    Alibaba to adapt manga into Chinese online dramas

    TOKYO -- E-commerce giant Alibaba Group Holding is branching out into producing live-action dramas based on Japanese manga and anime for streaming in its home market of China. The first series will be "Dragon Zakura," about a motorcycle gang mem

    December 1, 2015 03:30 am JST
  • Chinese stocks

    Investors watch for reforms as economic meeting draws near

    HONG KONG -- Investors are unsure of the direction that the Chinese stock market will move amid speculation that Beijing will consider financial reforms at a key economic policy meeting that will be held soon. The Shanghai Composite Index closed

    December 1, 2015 12:17 am JST
  • Aneka Tambang

    Losses rise with weak rupiah, low metal prices

    JAKARTA -- With the rupiah weak and commodity prices low, Indonesia's state-owned mining company Aneka Tambang announced on Nov.28 a 1.03 trillion rupiah ($72 million) net loss for the first three quarters, worse than the 590 billion rupiah in the s

    November 30, 2015 10:20 pm JST
  • Climate summit starts in Paris aiming for global emissions deal

    PARIS (Kyodo) -- A U.N. climate change summit started in Paris on Monday aiming for a global agreement on curbing greenhouse gas emissions, with leaders from about 150 countries ready to inject fresh momentum into what are certain to be grueling two

    November 30, 2015 08:30 pm JST
  • Soaring startups

    Billion-dollar 'unicorns' thrive on radical ideas, big backers

    TOKYO -- The startup world is full of unicorns, and while most of these not-so-mythical creatures -- defined as new ventures with a valuation of $1 billion or more -- can be found in the U.S., more and more are cropping up in China. As of Octobe

    November 30, 2015 07:00 pm JST
  • John McBeth

    So far yet so close to Paris, El Nino riles Indonesians

    As global leaders gathered in Paris on Monday for the United Nations-sponsored summit on climate change, matters at the heart of the summit and global rallies demanding action from leaders were playing out on the other side of the world, in rain-soa

    November 30, 2015 06:15 pm JST
  • Asian equities

    China stocks rebound after sharpest drop since August

    HONG KONG -- Chinese stocks rose slightly Monday, after dropping more than 5% on Friday amid regulatory probes into major brokerages. The benchmark Shanghai Composite Index fell 3.2% at one point early Monday afternoon but recovered gradually to

    November 30, 2015 05:37 pm JST
  • Anita Inder Singh

    UK policy contradictions ignore Asian security concerns

    On Nov. 12 Narendra Modi, prime minister of democratic India, addressed the British parliament, less than a month after a speech to the same audience by Xi Jinping, president of authoritarian China. The invitations reflect the U.K.'s sometimes contr

    November 30, 2015 04:50 pm JST
  • Northeast Asia diplomacy

    Time for Beijing, Seoul, Tokyo to cooperate, says ex-South Korea premier

    SEOUL -- China, South Korea and Japan have reached a point where they are capable of repairing their strained trilateral relations and moving toward closer cooperation, former South Korean Prime Minister Lee Hong-koo told a conference here on Monday

    November 30, 2015 03:00 pm JST
  • Wristwatch industry

    China's slowdown felt in sales of Swiss timepieces

    GENEVA -- The Swiss watch industry has long enjoyed an overwhelming dominance in the global watch market. But weaker demand in China has begun affecting the exports of Swiss-made watches. Following the debut of the Apple Watch and other smartwatches

    November 30, 2015 01:00 pm JST
  • World leaders to launch bid for climate breakthrough in Paris

    PARIS (Reuters) -- World leaders will launch an ambitious attempt on Monday to hold back the earth's rising temperatures, urging each other to find common cause in two weeks of bargaining meant to steer the global economy away from dependence on fos

    November 30, 2015 09:06 am JST
  • China Resources Beer, Tsingtao Brewery

    End of growth has country's top two brewers battling it out

    DALIAN, China -- Competition is heating up between China's top two breweries. And with the country coming off its first-ever year of declining beer sales, the battle to win more customers has an air of urgency to it. Industry leader China Resour

    November 30, 2015 07:00 am JST
  • China's demographic shift

    More seniors, babies present opportunity for Japanese companies

    TOKYO -- Japanese companies are investing in China to prepare for demographic changes, seeking to capitalize on a rapidly aging population and a potential baby boom with the loosening of the one-child policy. China has around 212 million people

    November 30, 2015 02:15 am JST
  • Lauren Johnston

    China's well-timed middle-income diplomacy

    China strongman President Xi Jinping presides over the world's largest developing country -- and since last year its largest economy in terms of purchasing power parity. This unique status, and its likely limited lifespan, may underscore Beijing's r

    November 29, 2015 08:00 pm JST