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  • Fresh sanctions on Russia to keep ruble in a funk

    TOKYO -- New sanctions on Moscow are likely to keep the Russian ruble slumping, market watchers say. In response to the downing of a Malaysia Airlines jet over Ukraine, which Western countries have blamed on Kremlin-backed separatists, the Europ

    July 31, 2014 01:00 pm JST
  • Amid territorial row, Japan's sanctions on Russia lacking bite

    TOKYO -- While Europe and the U.S. dial up sanctions to punish Russia for its support of pro-Moscow rebels in eastern Ukraine, Japan is stepping more gingerly as it hopes to advance negotiations over disputed islands. Tokyo is eager to show that

    July 31, 2014 05:21 am JST
  • Stepped-up sanctions seen hurting Russian economy

    MOSCOW -- Escalated sanctions introduced by the U.S. and the European Union are expected to debilitate Russia's key industries, including finance, oil and arms, possibly causing the country's economy to shrink next year. In light of the downing

    July 31, 2014 03:24 am JST
  • Appetite for yen still low despite Ukraine, Mideast strife

    TOKYO -- Even as the conflicts in Ukraine and the Middle East burn hotter, investors are less eager to buy the Japanese currency than in previous periods of elevated geopolitical risk, amid expectations that Japan's central bank will continue large-

    July 31, 2014 12:14 am JST
  • Global new car sales up 3% in April-June

    TOKYO -- New car sales in major global markets rose 3% in the April-June period. Sales were strong in China and the U.S., but weaker in emerging economies. Data compiled from automobile manufacturers associations and research companies in l

    July 30, 2014 07:00 pm JST
  • U.S. announces additional sanctions on Russia

    WASHINGTON (Kyodo) -- The United States announced Tuesday that it will impose additional sanctions on Russian energy, arms and financial sectors to increase pressure on Moscow to end its support for separatists in eastern Ukraine. "Today, and bu

    July 30, 2014 09:20 am JST
  • U.S. welcomes Japan's additional sanctions on Russia

    TOKYO (Kyodo) -- The United States on Tuesday thanked Japan for unveiling additional sanctions on Russia in the wake of the downing of a Malaysian airliner in an area controlled by pro-Moscow separatists in Ukraine, according to the Foreign Ministry

    July 29, 2014 06:12 pm JST
  • Japan moves to counter China, Russia influence in Caribbean

    PORT OF SPAIN, Trinidad and Tobago -- Japan's prime minister met here Monday with leaders and top officials representing 14 Caribbean nations, in a bid to shore up ties in a region where Russia and China have recently made robust overtures of their

    July 29, 2014 04:24 am JST
  • Japan announces additional sanctions on Russia over Ukraine

    TOKYO (Kyodo) -- Japan will impose additional sanctions on Russia for failing to defuse the crisis in Ukraine, where the recent downing of a Malaysia Airlines jet killed all 298 people aboard, the government said Monday. Assets held in Japan by

    July 28, 2014 08:09 pm JST
  • Need for security network growing in Asia

    TOKYO -- When a flotilla of ships of the Russian Pacific Fleet called at the Vietnamese naval base at Cam Ranh in June, it was a clear indication that Vietnam was courting Russia in a bid to counter China's growing clout. The port call followed

    July 25, 2014 02:40 pm JST
  • Fighting continues in Ukraine a week after jet crash

    MOSCOW -- There are no signs that fighting between Ukrainian forces and pro-Russian rebels will subside about a week after a passenger airliner was shot down in their combat zone, killing all 298 on board. Ukraine's military said Wednesday that

    July 24, 2014 05:05 am JST
  • Weaponizing the world

    Military spending in 2013 showed year-on-year growth worldwide in all regions except for the U.S., Europe and Oceania. Increases were particularly high in emerging economies. China has nearly tripled its military spending over a decade, and now acco

    July 24, 2014 12:00 am JST
  • Moscow scurries to deflect blame for Malaysia Airlines crash

    MOSCOW -- Russian leaders asserted Monday that responsibility for the downing of Malaysia Airlines Flight MH17 lies with Ukraine, seeking to refute charges that pro-Russian rebels are to blame for the crash that claimed nearly 300 lives. Interna

    July 22, 2014 07:00 am JST
  • Frederic Neumann: Developing Asia eyes boom in south-south funding sources

    The world's changing, again. For years, developing countries -- or, in today's parlance, "emerging and frontier markets" -- received the bulk of their external funding from multilateral agencies, such as the World Bank and the Asian Development Bank

    July 21, 2014 07:00 pm JST
  • Responsibility for downed jet still unclear

    MOSCOW -- Ukraine and Russia are engaged in an information war over a passenger jet shot down over eastern Ukraine, which may make it all the more difficult to discover what actually happened. The U.S. and European nations consider it most likel

    July 19, 2014 05:22 am JST
  • Transport chief says ill-fated jet took 'approved' course

    SINGAPORE -- Malaysia's transport minister is defending the flight path taken by the Malaysia Airlines jet that crashed in eastern Ukraine, saying other carriers cross the same airspace. "Fifteen out of 16 airlines in the Association of Asia Pac

    July 19, 2014 04:39 am JST
  • Commodity prices rise in wake of Ukraine crash

    TOKYO -- Amid increased geopolitical risks following the crash of a Malaysia Airlines jetliner in eastern Ukraine, many commodities such as wheat and platinum were bid up on the international market. Crude oil prices soared in June, when the sit

    July 19, 2014 04:31 am JST
  • 181 bodies found at crash site of downed airliner in Ukraine

    KIEV, Ukraine (Kyodo) -- Ukrainian authorities said Friday that 181 bodies have so far been found in a rebel-controlled area of eastern Ukraine where a Malaysian Airlines plane with 298 people on board crashed on Thursday. Ukraine Foreign Minist

    July 19, 2014 02:17 am JST
  • International airlines avoid Ukraine airspace

    TAIPEI -- Major international airlines said Friday they are avoiding Ukrainian airspace, while China and the U.S. banned flights over the area after a Malaysia Airlines jetliner was shot down hours earlier. U.S. officials said Malaysia Airlines

    July 18, 2014 05:10 pm JST
  • Malaysian plane with 298 aboard downed over Ukraine

    KIEV, Ukraine (Kyodo) -- A Malaysia Airlines passenger plane crashed Thursday in a rebel-controlled area of eastern Ukraine, apparently killing all 283 passengers and 15 crew aboard, according to Ukrainian officials, with U.S. media reports quoting

    July 18, 2014 05:00 pm JST