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  • Fast-growing Asian companies set to take on world

    IHH Healthcare, Jollibee Foods, VGI Global Media -- these companies are not exactly household names in most countries. And they are dwarfed by their Western counterparts, say, Hospital Corporation of America, McDonald's or Publicis Omnicom Group. Bu

    April 17, 2014 12:00 am JST
  • Emerging markets grow their own corporate giants

    To find the business giants of the future, The Nikkei Veritas has created a list of companies with high return on equity in emerging countries, as well as some that satisfy certain requirements, including high return on sales. VGI Global Media is

    April 17, 2014 12:00 am JST
  • Economic growth is (mostly) for the young

    With a median age of just 23.5, the Philippines appears to have a bright economic future in store. A young country can look forward to a "demographic dividend" in the form of a growing working-age population, and relatively fewer old people requi

    April 17, 2014 12:00 am JST
  • JT seen topping profit target on rush to beat sales tax hike

    TOKYO -- Japan Tobacco Inc. likely generated a group operating profit of 645 billion yen ($6.26 billion) for the year ended March 31, up 21% on the year and marking a third straight year of record black ink. The figure beats the projected 638 bi

    April 16, 2014 05:54 am JST
  • Obama asks Putin to urge pro-Russia militants to back down in Ukraine

    WASHINGTON (Kyodo) -- U.S. President Barack Obama urged Russian President Vladimir Putin on Monday to use his influence to get pro-Russia militants in eastern Ukraine to leave government and police buildings they have seized, the White House said.

    April 15, 2014 01:17 pm JST
  • Stephen Grenville: IMF ignores its own data on emerging economies

    Christine Lagarde, managing director of the International Monetary Fund, told the Group of 20 summit in St. Petersburg last September: "Just as some advanced economies have begun to gather momentum, many emerging markets are slowing." With this warn

    April 15, 2014 01:00 pm JST
  • EU to expand sanctions against Russia over Ukraine

    BRUSSELS (Kyodo) -- The European Union agreed at a meeting of foreign ministers Monday to expand the scope of asset freezes and visa bans against Russian officials in the wake of heightening tensions in eastern Ukrainian cities. The EU council

    April 15, 2014 10:00 am JST
  • Nickel, palladium prices rising amid Ukraine turmoil

    TOKYO -- International prices of nickel and palladium are climbing amid worries about supplies from Russia, a major producer of both metals, in light of the geopolitical turmoil in Ukraine. If the U.S. and Europe toughen their economic sanctions

    April 15, 2014 05:30 am JST
  • Nuclear reactors on the rise in Asia

    TOKYO -- Three years after the Fukushima disaster, the future role of nuclear power in Japan remains unclear, but in many other countries, the importance of atomic energy is only increasing. With no prospect of major new projects in the domestic

    April 14, 2014 07:00 am JST
  • G-20 warns Ukraine crisis could thwart economic growth goal

    WASHINGTON (Kyodo) -- Group of 20 finance chiefs acknowledged Friday the tottering economic situation in Ukraine threatened by Russia's intervention, and its fallout, as a risk that could hamper their efforts to achieve the economic growth target th

    April 12, 2014 01:00 pm JST
  • Takeda seen logging first operating profit gain in 4 years

    TOKYO -- Takeda Pharmaceutical Co. is expected to report its first operating profit increase in four years for the 12-month period ended March 31 on strong overseas drug sales, without reflecting the large sum the company was recently ordered to pay

    April 12, 2014 02:00 am JST
  • Japan to brief G-20 on sales tax hike, stimulus measures

    WASHINGTON -- Finance ministers and central bank chiefs from the Group of 20 are gathering here Thursday for a meeting that will test the world's leading economies' commitment to growth amid tensions over Ukraine. Russia, which has been excluded

    April 10, 2014 11:22 pm JST
  • No one taking helium shortage lightly

    TOKYO -- A global shortage of helium gas has ramifications that go far beyond spoiling the fun of party balloons. Helium is a precious resource obtained as a byproduct from natural gas processing, and its uses range from the manufacture of semic

    April 10, 2014 12:00 am JST
  • Philippines seen reaping benefits of young blood

    TOKYO -- With a median age of just 23.5, the Philippines appears to have a bright economic future in store. A demographically young country can look forward to a growing population of working-age people. By 2020, the Southeast Asian nation is se

    April 9, 2014 05:06 am JST
  • Western companies rethinking Russia

    LONDON/NEW YORK -- Exxon Mobil and Ford are part of a growing list of Western multinationals halting or scaling down operations in Russia and Ukraine as Moscow's standoff with the West over the former Soviet republic drags on. Exxon's plans to d

    April 9, 2014 02:52 am JST
  • The lure of Asian hegemony, and the trap of attrition

    DALIAN, China -- In the beginning of March, as pro-Russian forces were taking over Crimea building by building, the Ukrainian government hurriedly arranged for the delivery of an uncompleted hovercraft from the Feodosiya Shipyard. The Zubr hovercraf

    April 7, 2014 07:00 pm JST
  • Nissan's Datsun relaunch seen as key to carmaker's global success

    TOKYO -- As far as business years go, fiscal 2013 was a good one for Japan's automakers -- except for Nissan Motor. Various issues saw Nissan reduce its earnings projections for fiscal 2013, but the company is aiming to make a comeback year out

    April 7, 2014 01:00 pm JST
  • The productivity tightrope

    April 3, 2014 12:00 am JST
  • Japan irks US by going easy on Russia

    TOKYO -- The Ukraine crisis is straining relations between Japan and its most important ally, the U.S. American frustration is growing over Tokyo's reluctance to penalize Russia for its expansionism. Some on the other side of the Pacific are saying

    April 1, 2014 02:00 pm JST
  • China moves briskly toward closer relationship with Europe

    BRUSSELS/THE HAGUE, Netherlands -- China's President Xi Jinping paid an unprecedented visit to the European Union's headquarters here Monday, as Beijing and the EU work toward deeper trade and strategic ties. Xi met with European Council Preside

    April 1, 2014 05:33 am JST