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  • Vladimir Miklashevsky

    Troubled former Soviet republics may face further currency turmoil

    Weak commodity prices caused by the ending of the U.S. Federal Reserve's quantitative easing program and China's economic slowdown are dramatically reshaping emerging markets. For the former republics of the Soviet Union, forced to adjust to rising

    February 8, 2016 09:15 pm JST
  • Russian society

    'The Fool' symbolizes justice gone awry in Putin's Russia

    MOSCOW -- "The Fool," a 2014 film by Russian director Yury Bykov, does not have a happy ending. The main character, the honest but foolish Dima, is beaten up by people he is desperately trying to help. The film has received good reviews from int

    February 8, 2016 01:00 pm JST
  • Ruble trouble

    JT's overseas profit drops 10% as Russian currency tumbles

    TOKYO -- Steep declines in the Russian ruble have dealt a blow to Japan Tobacco's earnings, as the global cigarette company does a brisk business in the country and surrounding region. With its overseas operating profit falling nearly 10%, the compa

    February 5, 2016 02:20 am JST
  • Adm. James Stavridis: Transparency and collaboration will reduce military tension in Asia

    We are at the start of a dangerous arms race in Asia as nations in the region respond to rising and more assertive military power in China and growing instability on the Korean Peninsula. And the American "Pacific pivot" is failing to gain traction

    February 4, 2016 12:00 pm JST
  • Oil prices

    Dubai crude hits 3-week high on output cut views

    TOKYO -- Crude oil prices rebounded Monday as speculators anticipating reduced production got back into the game. April deliveries of Dubai crude advanced to a three-week high of $30.90 in the afternoon, rising 20 cents from the end of last week

    February 2, 2016 04:02 am JST
  • Crude oil prices

    OPEC sounding out Moscow to cut output

    LONDON -- With crude oil prices hovering at 12-year lows, OPEC members have begun approaching Russia and other non-OPEC oil-rich countries to team up to tackle the situation. A rumor that Saudi Arabia had proposed to Russia that it cut its oil

    February 1, 2016 07:00 pm JST
  • James Stavridis

    Defense transparency and collaboration will help Asia avoid war

    We are at the start of a dangerous arms race in Asia as nations in the region respond to rising and more assertive military power in China and growing instability on the Korea Peninsula. And the American "Pacific pivot" is failing to gain traction i

    February 1, 2016 07:00 am JST
  • Saudi Aramco gears up for massive public offering

    FRANKFURT Saudi Aramco, the world's largest oil company, intends to make an initial public offering, causing a stir. The listing, if implemented, will likely be the biggest IPO the global stock market has ever seen. The Saudi Arabian government-ow

    January 28, 2016 12:00 pm JST
  • Closer ties fail to boost Russia-China trade

    LONDON Russia has been trying to strengthen political and commercial ties with China in the last few years, partly in response to strained relations with the West over the crisis in Ukraine and, more recently, developments in Syria. A landmark

    January 28, 2016 12:00 pm JST
  • Plunging indexes mark ominous start for 2016

    Markets around the world are in a tailspin. The perfect storm of a U.S. interest rate hike, a Chinese slowdown and plummeting crude oil prices means the outlook for the world economy is dismal. If investor fears continue to grow, the global economy

    January 28, 2016 12:00 pm JST
  • Space and the military

    Eyeing China, Japan and US move to extend life of ISS

    TOKYO -- Japan and the U.S. agreed on Dec. 22 to extend the use of the International Space Station until 2024, four years longer than initially planned. Behind this agreement lies concern that mothballing the ISS as scheduled would leave China as th

    January 28, 2016 07:00 am JST
  • Recovery risks

    Plunging indexes mark ominous start for 2016

    Markets around the world are in a tailspin. The perfect storm of a U.S. interest rate hike, a Chinese slowdown and plummeting crude oil prices means the outlook for the world economy is dismal. If investor fears continue to grow, the global economy

    January 27, 2016 05:30 pm JST
  • Japan-Russia relations

    Peace treaty won't solve territorial row, Moscow foreign minister says

    MOSCOW -- Russian Foreign Minister Sergey Lavrov told reporters Tuesday that signing a peace treaty with Japan is not "synonymous" with a solution to the two countries' territorial dispute. No progress will be made unless Japan acknowledges the

    January 27, 2016 06:15 am JST
  • Nissan-Renault CEO interview

    Ghosn sees 'healthy' growth in maturing Chinese auto market

    TOKYO -- China's auto market will continue expanding at a healthy rate of 5-6% a year, says Nissan Motor CEO Carlos Ghosn, painting a relatively rosy picture amid concern over the sputtering mainland economy. China should no longer be lumped in

    January 26, 2016 07:15 am JST
  • Japanese homebuilders

    Iida Group sets up shop in US, Russia

    TOKYO -- Iida Group Holdings is looking abroad as an aging population erodes domestic demand, hoping to use the expertise in affordable housing that drove its growth to attract customers in markets such as the U.S. and Russia. The builder of det

    January 26, 2016 03:15 am JST
  • Russian economy contracts 3.7% in 2015, slump set to continue

    MOSCOW (Reuters) -- Russia's economy contracted by 3.7 percent in 2015, preliminary data showed on Monday, with a slew of activity indicators suggesting the slump is far from over. Russia is struggling to dig itself out of recession at a time wh

    January 25, 2016 10:19 pm JST
  • South Korea, US agree to cooperate eyeing 5-way talks on North Korea

    SEOUL (Kyodo) -- South Korean Foreign Minister Yun Byung Se and U.S. Secretary of State John Kerry agreed Sunday to cooperate with each other with an eye on possibly holding five-way talks with China, Japan and Russia over North Korea's nuclear ambi

    January 24, 2016 09:32 pm JST
  • Abe agrees with Putin to arrange unofficial visit to Russia

    TOKYO (Kyodo) -- Prime Minister Shinzo Abe agreed Friday with Russian President Vladimir Putin to arrange an unofficial visit to Russia, possibly in spring, prior to a trip to Japan by the Russian leader. In their 40-minute telephone talks, Abe

    January 22, 2016 10:52 pm JST
  • BRICS

    Resource, currency plunges leave Brazil, Russia in bind

    SAO PAULO/MOSCOW -- Resource producers Russia and Brazil, key members of the BRICS bloc of promising emerging markets, face similar predicaments as sinking oil prices erode revenue and currency depreciation feeds inflation. Public discontent is risi

    January 22, 2016 04:30 am JST
  • Russia's Putin 'probably' approved London murder of ex-KGB agent Litvinenko - UK inquiry

    LONDON (Reuters) -- President Vladimir Putin probably approved a 2006 Russian intelligence operation to murder ex-KGB agent Alexander Litvinenko with radioactive polonium-210 in London, a British inquiry concluded on Thursday, prompting a row with M

    January 22, 2016 12:40 am JST