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  • PM Abe urges Ukraine to enforce cease-fire as fighting persists

    TOKYO (Kyodo) -- Prime Minister Shinzo Abe on Monday called on Ukrainian Foreign Minister Pavlo Klimkin to implement a cease-fire between Ukrainian government forces and pro-Russian separatists in the eastern part of Ukraine, as fighting persists ev

    March 3, 2015 01:01 am JST
  • Russian opposition leader Nemtsov shot dead in Moscow

    MOSCOW (Reuters) -- Russian opposition politician Boris Nemtsov, an outspoken critic of President Vladimir Putin and Russia's involvement in the war in Ukraine, was shot dead steps from the Kremlin in central Moscow late on Friday. Nemtsov, 55,

    February 28, 2015 10:52 am JST
  • Ruble troubles

    Russia pulls down Asia steel, coal prices

    TOKYO -- Prices of Asian steel and coal are falling. Cheaper raw materials from Russia are flooding markets since the oil price slump helped push a plummeting ruble down further. The ruble stands at around 61 against the dollar, having declined

    February 27, 2015 07:00 pm JST
  • Rare transpeninsular cooperation

    North Korea may carry Russian power to South Korea

    MOSCOW -- Russia and North Korea have agreed to advance a large energy project to transmit surplus power from Russia's Far East to North Korea as well as to South Korea. The agreement is meant to promote energy cooperation between Moscow and Pyongya

    February 26, 2015 06:00 pm JST
  • A step forward

    Takeda on front foot after rough start for president

    TOKYO/SINGAPORE -- Takeda Pharmaceutical is stepping up its emerging-market business, an area where it has lagged behind, as President Christophe Weber finally starts to look ahead after spending months on damage control. Japan-based Takeda open

    February 26, 2015 04:49 am JST
  • Rough sailing ahead for Arctic shipping route

    DALIAN, China -- The Arctic Ocean, which many people had hoped would serve as a nautical shortcut lopping thousands of miles off international shipping routes, has seen a falloff in ship traffic, partly due to geopolitical changes. The number of

    February 26, 2015 12:00 am JST
  • Tata Power coal deal

    Indian utility links with Russian producer

    MUMBAI -- Tata Power on Monday said it had signed a memorandum of understanding with Siberian Coal Energy Company, a leading Russian coal producer and exporter, to cooperate in the energy business. The Indian electricity company is expected to s

    February 24, 2015 07:00 pm JST
  • 2022 Winter Olympics

    China may be set for ski boom

    BEIJING -- Olympic fever is growing in Zhangjiakou. Located roughly 160km northwest of the Chinese capital, the city is bidding to co-host the 2022 Winter Games with Beijing. Should they get the nod over their only other rival -- Almaty, Kazakhstan

    February 23, 2015 07:00 am JST
  • Ukraine fears spread of war after blast in eastern city

    NIZHNYAYA KRYNKA/KHARKIV, Ukraine (Reuters) -- Ukraine said on Sunday it feared unrest could spread beyond territory held by pro-Russian separatists, after an explosion killed two people at a memorial rally in an eastern city far from the front line

    February 23, 2015 04:36 am JST
  • One year on

    Ukraine crisis reveals changing global order

    TOKYO -- On Feb. 23, 2014, anti-government protesters in Ukraine ousted the corrupt, pro-Russian President Viktor Yanukovych. Russian President Vladimir Putin reacted by annexing the Crimean Peninsula and intervening in the country's eastern regions

    February 23, 2015 03:33 am JST
  • South Korean, Japanese cargo wanted

    New Silk Road taking shape with freight train from Yellow Sea to Kazakhstan

    LIANYUNGANG, China -- China on Wednesday will begin twice-weekly freight service along a 5,600km railway between Lianyungang, Jiangsu Province, and resource-rich Kazakhstan. The new transport corridor is part of Chinese President Xi Jinping's Silk R

    February 22, 2015 07:00 am JST
  • BRICs in flux

    Ex-Goldman guru says it's India's time to shine

    The so-called BRICs grouping of developing countries -- comprising Brazil, Russia, India and China -- helped drive the global economy after the financial crisis erupted in 2008. But the dynamics among these nations are changing, with powerhouse Chin

    February 19, 2015 01:00 pm JST
  • Obama reiterates resolve to defeat Islamic State militants

    WASHINGTON (Kyodo) -- U.S. President Barack Obama reiterated his resolve Wednesday to defeat extremists including Islamic State militants ahead of a ministerial meeting Thursday on eradication of violent extremism and terrorism. "We will ultimat

    February 19, 2015 11:32 am JST
  • Ex-Goldman guru says it's India's time to shine among BRICs

    The so-called BRICs grouping of developing countries -- comprising Brazil, Russia, India and China -- helped drive the global economy after the financial crisis erupted in 2008. But the dynamics among these nations are changing, with powerhouse Chin

    February 19, 2015 12:00 am JST
  • Rebels fighting for more territory ahead of Ukraine ceasefire: Kiev military

    VUHLEHIRSK, Ukraine (Reuters) -- Fighting intensified in eastern Ukraine on Saturday as separatist rebels tried to seize more territory before a ceasefire takes effect at midnight, the Ukrainian military said. The truce envisages the creation of

    February 14, 2015 11:22 pm JST
  • Second chance for peace

    Ukraine signs truce with pro-Russian rebels

    MOSCOW/MINSK, Belarus -- The Ukrainian government signed its second cease-fire deal with pro-Russian rebels on Thursday, based on peace plans drawn up in an earlier four-country summit, but many issues still remain before the conflict there can come

    February 13, 2015 07:04 am JST
  • Japan's tourism trade

    Tourist spend up and forecast to hit $33B in 2020

    TOKYO -- Japan's inbound tourism trade is expected to surge to about 4 trillion yen ($33.6 billion) per year in 2020 thanks to the Tokyo Olympics and other events. Spending by international visitors increased in 2014, with the latest Japan Tour

    February 2, 2015 01:00 pm JST
  • Ruble collapse

    Russian travelers shun Southeast Asia as currency crisis bites

    PATTAYA -- It is Friday night in the heart of Pattaya, the famous and colorful Thai beachside resort town that became an irresistible lure for Russian tourists during the energy boom that followed the 2008 global financial crisis. But on the cit

    January 30, 2015 01:00 pm JST
  • UN study

    Geopolitical risks cooling investment globally

    TOKYO -- Cross-border investment sank to a five-year low in 2014 as money fled sanction-hit Russia, the increasingly unstable Middle East and North Africa, a United Nations study shows. Direct overseas investment fell 8% to $1.26 trillion last y

    January 30, 2015 01:46 am JST
  • More restructuring

    Sony to ax another 1,000 workers in smartphone segment

    TOKYO -- Sony plans to cut an additional 1,000 employees in its smartphone business, mainly in Europe and China, under an effort to bring the segment into the black. The Japanese electronics giant had announced last October that it would elimina

    January 28, 2015 01:50 am JST