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  • Oil exporters hit by falling crude prices, supply issues

    DUBAI -- Falling crude oil prices are threatening oil-reliant economies around the world, as the benchmark North Sea Brent price hovers at its lowest level in about four years. Crude oil prices have already fallen below fiscal break-even points for

    October 24, 2014 07:00 pm JST
  • Pyongyang looking to give economy a boost

    SEOUL -- North Korea's move to beef up ties with Russia was apparently prompted by a lack of progress on economic development, a priority as important as its nuclear program. To bolster economic development, Pyongyang set up in June a ministry c

    October 23, 2014 06:12 am JST
  • Russia's rail project in North Korea gets rolling

    MOSCOW -- A Russian-led railway project has kicked off in North Korea, marking the latest effort between Moscow and Pyongyang to deepen ties. High-ranking officials from both sides held meetings this year, agreeing on economic cooperation across

    October 23, 2014 05:44 am JST
  • Stephen Grenville: Infrastructure spending fuels 'free lunch' debate

    The International Monetary Fund has joined growing calls from economists and international organizations for governments to step up infrastructure spending. The general case is compelling and looks set to be a point of unanimous agreement at the Nov

    October 23, 2014 12:00 am JST
  • Daniel Twining: Upending the new global order

    The world has a new G-7. The Group of Seven once comprised the world's leading industrialized economies -- in North America, Europe and Japan. Now, the International Monetary Fund calculates that the combined gross domestic product of the seven bigg

    October 17, 2014 07:00 pm JST
  • How Putin's tenacity over Ukraine worked for him

    TOKYO -- On the morning of Sept. 3, Russian President Vladimir Putin's private phone rang during his visit to Russia's Far East. The caller was Ukrainian President Petro Poroshenko, who wanted to talk to Putin about a cease-fire in the eastern part

    October 16, 2014 01:00 pm JST
  • Russia pushing to shore up influence over Caspian Sea

    ALMATY, Kazakhstan -- Russia has strengthened its influence over oil and gas exports from the Caspian region after a summit with the other four nations bordering the inland sea produced an outline agreement on the key principles to regulate maritime

    October 16, 2014 12:00 am JST
  • Asia-Europe summit will seek peaceful ends to thorny conflicts

    BRUSSELS -- European and Asian leaders are expected to agree on the need to bring international conflicts to peaceful ends under international law when they meet for a summit here this week. The biennial meeting, known as the ASEM summit, will t

    October 15, 2014 05:11 am JST
  • China to put Russia on fast track to high-speed rail

    TOKYO -- A planned $10 billion Russian high-speed rail system is a key project covered under the strengthened cooperation that Russia and China agreed to Monday. The China Railway Construction Corp., railcar manufacturer CSR and other government

    October 15, 2014 03:49 am JST
  • Russia using natural gas to shake Japan-West alliance

    MOSCOW -- Hurt by economic sanctions, Russia is offering Japan low-cost natural gas to lure the country away from the Western coalition determined to punish Moscow for its interference in Ukraine. Japan has been struggling with higher electricit

    October 15, 2014 03:39 am JST
  • China extends helping hand to Russia as sanctions take toll

    BEIJING -- China is strengthening economic ties with Russia in areas ranging from finance and IT to rail and energy, providing support to a Russian economy strained by Western sanctions. Chinese Premier Li Keqiang, visiting Russia, met with Prim

    October 15, 2014 02:27 am JST
  • Russia pitches undersea gas pipeline to Japan

    MOSCOW -- Russia has proposed building a pipeline to transport natural gas to Japan, an offer apparently aimed at strengthening economic ties between the two countries amid stiff economic sanctions imposed on Moscow by the West. The plan to con

    October 15, 2014 02:00 am JST
  • Stephen Grenville: Infrastructure spending fuels 'free lunch' debate

    The International Monetary Fund has joined a growing call from economists and international organizations for governments to step up infrastructure spending. The general case is compelling and looks set to be a point of unanimous agreement at the No

    October 14, 2014 07:00 pm JST
  • Kazakh bond return paves way for corporate borrowers

    ASTANA -- The return of Kazakhstan to the international bond market after a 14-year absence has stirred investors' appetite for its long-awaited notes and paved the way for a resumption of international issues by local companies. "The placement

    October 10, 2014 01:00 pm JST
  • Uranium prices rebound on supply concerns

    TOKYO -- The international spot price of uranium has firmed up considerably due to concerns about supply disruptions in Russia and Kazakhstan and as Japan moves toward restarting some nuclear reactors. The benchmark U.S. price of yellowcake, a w

    October 9, 2014 04:54 am JST
  • Charles King: Making sense of 'messy' modern geopolitics

    "The world has always been messy," President Barack Obama said recently. "In part, we're just noticing now because of social media and our capacity to see in intimate detail the hardships that people are going through." This was an instance in

    October 9, 2014 12:00 am JST
  • In sanctions, Gazprom executive sees a 'double standard'

    MOSCOW -- Economic sanctions imposed on Russia in response to the Ukraine crisis are illogical, according to Alexander Medvedev, deputy chairman of Gazprom's management committee.The senior executive of the Russian state-owned gas company spoke with

    October 9, 2014 12:00 am JST
  • Ukraine sanctions diverting Russian gas to China

    MOSCOW -- Russia's decision to export natural gas from two big gas fields in eastern Siberia exclusively to China underscores the nation's growing reliance on its southern neighbor amid economic sanctions by the U.S. and Europe over the Ukraine cris

    October 9, 2014 12:00 am JST
  • Abe, Putin plan to meet on fringes of APEC summit

    TOKYO (Kyodo) -- Japanese Prime Minister Shinzo Abe agreed with Russian President Vladimir Putin in phone talks Tuesday that they will try to meet on the sidelines of a summit of the Asia-Pacific Economic Cooperation forum in Beijing in November, th

    October 7, 2014 09:28 pm JST
  • Russia boosts gold reserves to soften sanctions

    MOSCOW -- Russia, holder of the world's fifth largest stash of foreign currencies, is increasing its gold purchases. One reason for this is the country's increasing wariness of the dollar and euro now that Russia has come under U.S. and European san

    October 7, 2014 01:00 pm JST