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  • China "strongly dissatisfied" with G7 statement on East, South China Seas

    BEIJING (Reuters) - China is "strongly dissatisfied" with the mention of the East and South China Sea issues in a Group of Seven (G7) statement, and the G7 allies should stop making irresponsible remarks, a Chinese foreign ministry spokesman said.Ch

    May 28, 2017 11:50 am JST
  • China attempts to fine-tune its control over coal and steel

    BEIJING -- China is still struggling to find a happy medium between market forces and a planned economy, and nowhere is this more obvious than in the coal industry.Convening a meeting of the standing committee of the State Council, China's cabinet,

    May 28, 2017 11:00 am JST
  • Top China official says Hong Kong's autonomy is not a licence to challenge Beijing

    HONG KONG (Reuters) -- A top Chinese official said on Saturday Hong Kong's high degree of autonomy must not be taken as a licence to confront Beijing, and urged the territory's government to implement contentious new national security laws.The comme

    May 28, 2017 01:03 am JST
  • Giving a voice to America's 'ignored' Asian immigrants

    NEW YORK -- It seemed fitting that Min Jin Lee, the South Korea born, Ivy League educated author of the recently published novel "Pachinko," would choose the curious tastes of Cuban-Chinese food for a chat over lunch in Manhattan. She knew exactly w

    May 27, 2017 01:30 pm JST
  • Abe pushing for more US deterrence in Asia

    TAORMINA, Italy -- By urging the U.S. to play a greater role in the Asia-Pacific region, Japanese Prime Minister Shinzo Abe seems to be hoping that Washington will serve as a deterrent to both North Korea's missile development and China's maritime a

    May 27, 2017 05:50 am JST
  • China's new yuan-fix scheme shows stable currency still top priority

    SHANGHAI -- A coming shift in how China sets the midpoint rate for yuan trading is meant first and foremost to curb pressure weakening the currency, staving off a resurgence in capital flight as the U.S. prepares to hike interest rates.The People's

    May 27, 2017 04:42 am JST
  • US, Japan agree to turn up heat on North Korea

    TAORMINA, Italy -- U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe agreed here Friday to ramp up pressure on North Korea for its continued missile tests, including through additional sanctions.North Korea is a global problem that

    May 27, 2017 01:57 am JST
  • Nissan nears sale of battery unit to Chinese fund GSR

    TOKYO -- Nissan Motor has entered the final stages of negotiation to sell its electric-vehicle battery unit to Chinese investment fund GSR group, The Nikkei learned Friday.The deal likely will be worth around 110 billion yen ($988 million). By procu

    May 27, 2017 01:31 am JST
  • Beijing changing yuan-fixing formula to curb currency slides

    BEIJING -- China's central bank is planning a new method for fixing the yuan's daily exchange rate against the U.S. dollar that aims to fend off rapid depreciation -- though at the expense of recent efforts to liberalize the country's financial mark

    May 27, 2017 12:21 am JST
  • Nanya Technology chief warns China could disrupt global chip market

    TAOYUAN, Taiwan -- The head of major Taiwanese memory chipmaker Nanya Technology on Friday warned that China's aggressive moves to foster its own chip capabilities could cause a serious supply glut and voiced concerns about Chinese companies' ongoin

    May 26, 2017 11:56 pm JST
  • Chinese project to build new Egyptian capital revived

    CAIRO -- A project by Chinese state companies to help build a new capital for Egypt is back on track after running aground earlier in a dispute over contract terms.The Egyptian investment and housing ministries have begun talks to finalize an agreem

    May 26, 2017 05:47 pm JST
  • Japan committed to push infrastructure exports

    TOKYO -- Japan's government is working to wrap up a revised strategy for promoting infrastructure exports. The focus is on comprehensive support for urban development projects -- from initial planning to regulatory development to fundraising.The gov

    May 26, 2017 04:00 pm JST
  • Hong Kong shares flat as oil slump counters positive US stock cues

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed as a slump in oil prices that dragged energy producers lower eroded gains stemming from Wall Street's sixth consecutive day higher.The Hang Seng Index was up less than 0.1% at 25,637

    May 26, 2017 03:14 pm JST
  • Japan, US tiptoe up to China's road as political winds shift

    TOKYO -- The U.S. and Japan are showing greater support for Chinese-led projects they once shunned, such as the Belt and Road Initiative and the Asian Infrastructure Investment Bank, a sudden change that betrays the governments' underlying motives.M

    May 26, 2017 02:05 pm JST
  • Yaskawa, Midea launching nursing-care robot business in China

    TOKYO -- With an eye on China's rapidly aging population, a Japanese industrial robotics maker and a Chinese home appliance company are joining to develop specialized equipment for elderly people and physical therapy patients.Japan's Yaskawa Electri

    May 26, 2017 01:00 pm JST
  • China agrees to boost U.S. imports

    BEIJING -- China has offered to buy more goods from the U.S. as it tries to curry favor with an American administration bent on reducing trade deficits with Beijing.The Commerce Ministry's report on trade relations with the U.S. released Thursday, o

    May 26, 2017 05:37 am JST
  • US sail-by in South China Sea puts heat back on Beijing

    WASHINGTON/BEIJING -- The U.S. Navy conducted its first freedom of navigation exercise near a Chinese-built artificial island in the South China Sea since President Donald Trump's inauguration, apparently in response to calls at home for the command

    May 26, 2017 05:13 am JST
  • Earnings preview

    Muji operator's profit seen climbing to record for March-May

    TOKYO -- Ryohin Keikaku, the Japanese company behind the Muji brand, will likely see operating profit rise 5% on the year to a first-quarter record of about 12 billion yen ($107 million) for the three months through May.Brisk sales of household item

    May 26, 2017 02:00 am JST
  • Geely underlines global ambitions in wake of Proton deal

    HONG KONG -- Top management of the listed arm of Zhejiang Geely Holding said they hope to turn the carmaker into a global player, just a day after its parent company announced a deal to acquire a 49.9% stake in Malaysia's struggling Proton Holdings.

    May 26, 2017 01:12 am JST
  • Lenovo's mobile woes hit fourth-quarter profits

    HONG KONG -- Lenovo Group, the world's largest personal computer maker by unit sales, reported sharply lower profits for the final quarter of its last fiscal year, as its mobile business continued to drag.The company, which ventured into the mobile

    May 26, 2017 12:25 am JST