Search results

Results 1 - 20 of 312
  • Vijay Sakhuja

    Why Russia may find no Asian support for Arctic bailout

    Russia is in recession, hit by mounting inflation and a nearly 40% plunge in the value of the ruble. Hoping to shore up its struggling, energy-dependent economy, the government has invited three Asian countries -- China, India and Vietnam -- to part

    January 23, 2015 01:00 pm JST
  • Daniel Yergin: Crude's discount days are numbered

    WASHINGTON -- Crude oil prices will turn upward again next year as U.S. output declines, predicts energy expert Daniel Yergin. The author of "The Prize," a Pulitzer Prize-winning history of the oil industry, Yergin serves as vice chairman of IHS, a

    January 22, 2015 12:00 am JST
  • Stephen Grenville: Low oil prices provide a fleeting chance for reform

    If the global price of oil had jumped by 50%, there is little doubt that economic commentators would be calling it a disaster for world growth. The price has in fact fallen by more than 50% since last June, but this ray of good news has not yet pier

    January 22, 2015 12:00 am JST
  • Japanese scrambles against Chinese planes hit quarterly record high

    TOKYO (Kyodo) -- Japan scrambled fighter jets 164 times in response to Chinese aircraft approaching Japanese airspace in the October to December period last year, marking a record high for a three-month period, the Defense Ministry's Joint Staff sai

    January 20, 2015 08:15 pm JST
  • Chinese infrastructure exports

    Li Keqiang -- No. 2 official, No. 1 salesman

    BEIJING -- Chinese Premier Li Keqiang has been something akin to a traveling salesman of late, making the rounds abroad to peddle Chinese infrastructure exports under Beijing's "One Belt and One Road" initiatives. The initiatives refer to the cr

    January 17, 2015 01:00 pm JST
  • Interview with Daniel Yergin

    Oil guru sees prices rebounding next year

    WASHINGTON -- The price of crude oil will turn upward again next year as U.S. output comes down, predicts energy expert Daniel Yergin. The author of "The Prize," a Pulitzer Prize-winning history of the oil industry, Yergin serves as vice chairma

    January 17, 2015 05:22 am JST
  • Collapsing crude

    Get ready for crises, says Ed Hyman

    TOKYO -- Crude oil's price plunge has investors worried about global financial and capital market convulsions. "It seems reasonable to assume that the current plunge in oil will lead to crises," Wall Street's top economist, Ed Hyman of Evercore

    January 16, 2015 07:00 pm JST
  • Humphrey Hawksley: A Eurasian zone for Russia to create or destroy

    With little fanfare, much disinterest and some ridicule, a new regional grouping was established on Jan. 1, with the grand vision of creating an economic zone stretching from the Atlantic to the Pacific. The declared aim of the Eurasian Economic

    January 15, 2015 12:00 am JST
  • Curtis S. Chin and Jose B. Collazo: Asia infrastructure needs reform, not more development banks

    Amid talk of the "Asian century," one of the most important questions is how best to finance the continent's tremendous infrastructure needs. Whether crumbling roads in the Philippines or power blackouts in India, the region's physical infrastructur

    January 15, 2015 12:00 am JST
  • Russia, 'fragile five' eat into their foreign reserves

    TOKYO -- The foreign currency reserves of Brazil, Russia and four other big emerging countries fell 6% in the second half of 2014 from the preceding six months. The fall came as the countries' monetary authorities attempted to defend their home curr

    January 15, 2015 12:00 am JST
  • Natural gas

    Turkmenistan faces competition from Russia as China's largest supplier

    ALMATY, Kazakhstan -- Once known mainly for its remoteness and belligerent tribesmen, Turkmenistan has emerged as a major natural gas producer -- and China's largest supplier. Only five years after a 1,818km pipeline between the two countries opened

    January 14, 2015 01:00 pm JST
  • Japanese stocks

    Foreign players move windfall as oil prices slide

    TOKYO -- Crude oil prices continue to lose ground, making Japanese stocks gyrate at the start of the new year. Global investors are also hesitant to make bets due to fears over disturbances in emerging economies and the possibility of default of hig

    January 14, 2015 01:00 pm JST
  • Foreign currency crunch

    Reserves in Russia, other emerging countries sliding

    TOKYO -- Foreign currency reserves of six major emerging countries, including Brazil and Russia, fell 6% in the second half of 2014 from the preceding six months due to interventions aimed at supporting their own currencies. The decrease is the

    January 8, 2015 01:50 pm JST
  • Humphrey Hawksley

    A Eurasian zone for Russia to create or destroy

    With little fanfare, much disinterest and some ridicule, a new regional grouping was established on Jan. 1, with the grand vision of creating an economic zone stretching from the Atlantic to the Pacific. The declared aim of the Eurasian Economic

    January 8, 2015 01:00 pm JST
  • International cooperation

    Japan pitches in as hunt intensifies for AirAsia jet

    PANGKALAN BUN, Indonesia -- The Japan Self-Defense Forces have stepped up their assistance in the search for the AirAsia jetliner that crashed into the sea off the Indonesian coast, part of a growing international effort with 12 countries sending in

    January 8, 2015 06:01 am JST
  • Shifting strategy

    Takeda to tout new drugs in emerging markets

    TOKYO -- Takeda Pharmaceutical is shifting the emphasis of its marketing activities in China, Russia and Brazil from off-patent drugs to newly developed treatments. To date, the company's business model for emerging economies has been to emphasi

    January 8, 2015 04:31 am JST
  • Cheap crude brings stock jitters to the new year

    TOKYO/CAIRO/MUMBAI -- The plunge in crude oil prices is making investors risk-sensitive, prompting them to ditch stocks and park money in relatively safe assets as 2015 gets underway. In Japan, the Nikkei Stock Average closed 3.02% lower on Jan.

    January 8, 2015 12:00 am JST
  • Global risk

    Crude shock could squeeze spending in exporting countries

    CAIRO -- Falling crude oil prices may be a boon to the global economy as a whole, but the accelerating pace of declines since the start of the year is raising concerns among oil-producing countries, which could be forced to take such measures as spe

    January 7, 2015 05:49 am JST
  • Eurasia Group ranking

    Eurozone politics poses biggest risk in 2015

    NEW YORK -- The politics of Europe poses the greatest risk to the global community in 2015, according to an annual ranking released Monday by Eurasia Group, a leading U.S. political risk consultancy. Anti-European Union parties are expected to g

    January 6, 2015 07:41 am JST
  • Peter Tasker

    The oil factor: apocalypse postponed

    Whatever happened to peak oil? As recently as May 2014, Dr. Jeremy Leggett, former adviser to the U.K. government and co-arranger of the high-level Trans-Atlantic Dialogue on Energy Security, was warning that dependence on "increasingly expensive fo

    January 5, 2015 07:00 pm JST