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  • Trump, Xi to impact resource-dependent countries in 2017

    HONG KONG "Dr. Copper" -- global economists often use this nickname as they keep a close watch on the metal's price swings. Copper is used in a wide range of products, from home electronics to cars to power cables, and its price is an accurate bellw

    February 2, 2017 12:00 pm JST
  • Grumbling mounts over Kazakh showcase events

    ALMATY -- For Kazakhstan, 2017 is a year of eye-catching global events, including the world student games, opening on Sunday Jan. 29 in Almaty and an energy-focused international exposition running from June to September in Astana. The Kazakh capita

    January 28, 2017 11:00 am JST
  • Dinosaur fossils help solve a big mystery

    OSAKA They were the biggest of the big. With their long necks and tails, the sauropod subgroup of dinosaurs comprised the largest animals ever to roam on land, scientists say. Many grew to more than 20 meters in length and weighed over 10 tons. A fe

    January 26, 2017 12:00 pm JST
  • Guardian dogs conserve ecology of Mongolian steppes

    ULAANBAATAR -- Bruce Elfstrom got a first-hand look at the fragility of Mongolian nomads' existence while producing a documentary in 2004.Elfstrom, a biologist and outdoor adventurer, was camping with a film crew and some nomadic herder families on

    January 22, 2017 07:00 am JST
  • World Bank arm to make bond market debut

    TOKYO -- The World Bank Group will issue debt for the first time to help fund aid to the poorest countries in an effort to prevent terrorism and instability from spreading through the most fragile regions of the world.The International Development A

    January 10, 2017 07:10 am JST
  • Economic gods may be smiling again on Mongolia

    TOKYO The international financial community's confidence in the Mongolian government's ability to deliver reforms and service its debt may be improving after a long slump. That was the impression left by an investment conference in Tokyo on Dec. 7,

    December 22, 2016 12:00 pm JST
  • Spanish soccer sets goal of doubling Asian fan base

    TOKYO -- Spain's top professional soccer league aims to double its Asian viewership by 2020 with a series of media and internet partnerships to reach fans in the region, President Javier Tebas said.The chief of the Liga de Futbol Profesional, known

    December 20, 2016 02:50 am JST
  • Economic gods may be smiling again at Mongolia

    TOKYO -- The international financial community's confidence in the Mongolian government's capability in delivering reforms and debt services seems to be ameliorating after a long slump. That was an impression left by an investment-promotion conferen

    December 15, 2016 10:00 am JST
  • EU set to back Uzbekistan trade pact

    BRUSSELS -- The European Parliament looks set to approve a textile agreement with Uzbekistan on Wednesday despite continuing objections from human rights organizations which were previously able to rally opposition.The pact resolves the final missin

    December 13, 2016 06:50 pm JST
  • Demand for data drives KDDI's global expansion

    LONDON -- As cloud computing and mobile devices become increasingly data hungry, data centers are taking a central role in keeping internet traffic flowing.Telehouse, a subsidiary of one of the big three Japanese telecoms firms KDDI recently opened

    December 12, 2016 11:00 am JST
  • Uzbekistan's acting president wins election overwhelmingly

    MOSCOW (AP) -- Uzbek election officials say that acting President Shavkat Mirziyoyev has overwhelmingly won a tightly controlled presidential election.Mirziyoyev garnered 88.61 percent of the vote, according to the head of the Central Election Commi

    December 5, 2016 08:56 pm JST
  • Kazakh car-making drive wobbles as demand stalls

    ALMATY, Kazakhstan -- An attempt to diversify Kazakhstan's oil-based economy through a big expansion of the car assembly industry is stumbling over problems caused by low energy prices, which have hit economic growth, dried up funding and weakened l

    November 16, 2016 08:50 pm JST
  • Nervous Uzbekistan guns for soccer World Cup place

    ALMATY, Kazakhstan -- When residents of Tashkent, the Uzbek capital, lined the streets in September to register their grief at the passing of long-reigning autocrat Islam Karimov, prominent sportsmen led the way with tributes on state and social med

    November 13, 2016 01:00 pm JST
  • Nigel Gould-Davies

    Li's 'Eurasia' trip signals China's growing reach

    There is powerful symbolism in the eight-day tour by Chinese Premier Li Keqiang of Eastern Europe and Central Asia, encompassing Kyrgyzstan, Kazakhstan, Russia and Latvia. As well as bilateral meetings in each country, Li is also taking part in the

    November 5, 2016 07:00 pm JST
  • Mongolian investment pitch met with skepticism

    HONG KONG -- Not long ago, Mongolia was a darling of global investors, enjoying the highest economic growth in Asia. Now the economy is undergoing restructuring and belt tightening.While negotiations with the International Monetary Fund continue bac

    November 2, 2016 08:10 pm JST
  • Azerbaijan launches investment offensive as cheap oil looms

    ISTANBUL -- The oil-rich former Soviet republic of Azerbaijan is investing heavily abroad, with its sovereign wealth fund and state oil company scrambling to diversify as weak crude prices and ultralow interest rates worldwide put their finances at

    October 30, 2016 07:00 am JST
  • Japanese ramen chain eyes Mongolia, Greece in overseas expansion

    TOYAMA, Japan -- A ramen restaurant chain operator in Japan is going off the beaten path to target markets including Mongolia and Greece, with unique menu tweaks such as use of lamb in Mongolia.Tentakaku, which operates the Menya Iroha ramen restaur

    October 29, 2016 01:00 pm JST
  • US rate-hike prospects banish fears of a strong yen, for now

    TOKYO -- Market players worried about a stronger yen can rest easy for the time being as U.S. economic indicators grow brighter, spurring hopes of an interest-rate hike in that country by the end of the year.The yen weakened to around 105.46 to the

    October 29, 2016 04:49 am JST
  • Airbnb on the Mongolian steppe

    TOV PROVINCE, Mongolia On the vast green Mongolian grasslands, something unexpected is happening: Enterprising nomadic herders have started using Airbnb to reach out to a world beyond their pastures, promoting their humble yurts as accommodations to

    October 20, 2016 12:00 pm JST
  • Mongolian PM on mission to halve budget deficit ratio to 9%

    TOKYO -- Mongolian Prime Minister Jargaltulga Erdenebat aims to slash his government's budget deficit for fiscal 2017 in half, as a percentage of gross domestic product."We will review overall government spending to reduce the ratio of the deficit t

    October 15, 2016 11:45 pm JST