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  • Tapping the brakes

    Soft sales forcing Mitsubishi Motors to curtail Russian output

    TOKYO -- Mitsubishi Motors will idle a plant in Russia for two weeks to adjust production amid plunging sales in the country. The Japanese automaker will suspend assembly lines for its own brand at PCMA Rus, a joint venture with French automaker

    April 18, 2015 03:42 am JST
  • Seeking common ground

    G-7 shows united front on China, Russia

    LUEBECK, Germany -- The Group of Seven foreign ministers sought to display their unity by reaching some consensus on China and Russia here Wednesday, while avoiding more contentious issues such as the new China-led development bank. G-7 members

    April 16, 2015 04:09 am JST
  • Joint declaration

    G-7 ministers speak out on Chinese maritime expansionism

    LUEBECK, Germany -- The Group of Seven foreign ministers issued their first joint declaration focusing on maritime issues Wednesday, prompted by Chinese expansionism in its neighboring waters. The G-7 countries will "continue to observe the situ

    April 16, 2015 02:40 am JST
  • Humphrey Hawksley: Russia's 'Go East' policy shakes up Asia

    For several years now, Russia and China, with very different methods, have been testing their strengths in areas each considers to be in its legitimate arc of influence. Russia's approach is more raw, focusing on military muscle and energy suppl

    April 9, 2015 12:00 am JST
  • Higher Russian output, China stocks cause nickel market meltdown

    TOKYO -- Nickel prices have slumped of late, with a number of factors pushing prices down. Russia, a major producer, is not helping matters. Nickel futures on the London Metal Exchange are trading around $14,000 per ton, down 8% from the end of

    April 9, 2015 12:00 am JST
  • Classroom controversy

    Japanese textbooks toe government line on disputed islands

    TOKYO -- For the first time, all middle-school social studies textbooks in Japan will refer to the Senkaku Islands and Takeshima, adhering to guidelines that insist they be described as Japanese territory, an education ministry review shows. The

    April 7, 2015 06:09 am JST
  • Bear hug

    Vietnam to forge trade pact with Russia

    HANOI -- Vietnam and Russia have agreed to sign a free trade accord by June, a move that would nearly triple bilateral trade to $10 billion by 2020. Vietnamese Prime Minister Nguyen Tan Dung reached an agreement with visiting Russian counterpart

    April 7, 2015 04:09 am JST
  • Hard-liners stand in the way

    Iran agreement still needs to be finalized

    LAUSANNE, Switzerland -- A framework agreement reached Thursday by Iran and six global powers after a negotiating marathon could help to curb Iran's nuclear development effort. But antagonists are already lining up against a final agreement . "T

    April 3, 2015 03:20 pm JST
  • Born in the USA

    Honda hopes to get mojo working with all-American Civic

    NEW YORK -- Honda Motor used the New York International Auto Show to unveil the new model Civic, revealing a car that was completely designed and developed in the U.S. and which will also be manufactured in America. This is the first complete ma

    April 3, 2015 02:12 am JST
  • Slashing red tape

    Common standards to streamline trade in fuel cell cars

    TOKYO -- International safety standards for fuel cell cars will be drawn up by June to allow the sale of zero-emissions vehicles across 51 markets sight unseen. Japan, European countries, South Korea, Thailand, Australia, Russia and others are c

    April 3, 2015 01:08 am JST
  • Reforms a must as cracks appear in emerging economies

    Economic problems are becoming increasingly conspicuous in many emerging nations. The main trouble is slowing real growth, which, when combined with a worsening labor market and inflation, can create a volatile mix that has in some cases triggered s

    April 2, 2015 12:00 am JST
  • Eyes on June OPEC meeting

    Ruble holds firm as concerns ease

    TOKYO -- The ruble has stabilized. Unlike in December, the currency has not suffered a huge decline in value, even after U.S. ratings agencies downgraded Russia's sovereign credit rating and the country's central bank cut its key interest rate.

    April 1, 2015 07:00 pm JST
  • Nickel price declines

    Russia ups exports amid weak ruble

    TOKYO -- Nickel prices have slumped of late. A number of factors are pushing prices down. Russia, a major producer, is not helping matters. Nickel futures on the London Metal Exchange are trading at around $14,000 per ton, down 8% from the end o

    March 31, 2015 01:00 pm JST
  • Uzbekistan election

    Autocratic Karimov wins presidency again, with 90% vote

    TASHKENT -- Uzbekistan's long-serving President Islam Karimov secured a fourth five-year mandate in a March 29 presidential poll that reaffirmed his firm rule over Central Asia's most populous country, yet left unanswered doubts over its looming suc

    March 31, 2015 12:30 am JST
  • Tata Power

    Indian electricity company completes financing for hydro project in Georgia

    MUMBAI -- Indian electricity company Tata Power has completed the financing for its 187 MW hydroelectric joint venture project on the Adjaristsqali river in Georgia. The International Finance Corporation, Asian Development Bank, and European Bank

    March 26, 2015 10:03 pm JST
  • ICICI Bank

    Indian bank quits Russia

    MUMBAI -- ICICI Bank, India's largest private sector bank by assets and market capitalization, has left Russia after a decade following the sale on Mar. 17 of its wholly-owned subsidiary ICICI Bank Eurasia to Sovcombank, "an unrelated third-party Ru

    March 19, 2015 11:30 pm JST
  • New Cold War

    Dour economy prompts Russia moves

    SIMFEROPOL, Ukraine -- Russian actions are changing the European security situation and the world's unipolar system, centered around the U.S. The country is redrawing the dividing line between itself and Western Europe, a year after President Vladim

    March 19, 2015 01:00 pm JST
  • International tourism

    Visitors to Japan hit monthly record in February

    TOKYO -- A total of 1.38 million foreigners visited Japan in February, up 58% from a year earlier, the Japan National Tourism Organization said Wednesday. The figure is the highest ever for a single month since tracking of the statistics began i

    March 19, 2015 06:16 am JST
  • Humphrey Hawksley

    Russia's 'Go East' policy shakes up Asia

    For several years now, Russia and China, with very different methods, have been testing their strengths in areas each considers to be in its legitimate arc of influence. Russia's approach is more raw, focusing on military muscle and energy suppl

    March 16, 2015 01:00 pm JST
  • Two suspects detained over Nemtsov murder - Russian security chief

    MOSCOW (Reuters) -- Two suspects have been detained over the killing of Boris Nemtsov, Russian officials said, a week after he was shot dead near the Kremlin in the most high-profile killing of an opposition figure in years. The Investigative Co

    March 8, 2015 01:20 am JST