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  • Greg Priddy

    Oil market rebalancing -- the beginning of the end

    Since the second half of 2014, the world oil market has been on a roller coaster, as excessive global oil supply has proved to be very persistent. Demand growth has been reasonably good, with global growth in 2015 and 2016 above the recent trend lin

    February 24, 2017 07:00 pm JST
  • Interview

    Emerging-market demand yet to bottom out -- Komatsu CFO

    TOKYO -- Shares of Japan's Komatsu have risen fairly consistently since mid-2016, and the price is now 60% higher than the level a year ago. The investor enthusiasm was prompted by data showing the operating hours of its machinery in China have been

    February 24, 2017 06:40 pm JST
  • A Kazakh mining town races to reinvent itself

    ARKALYK, Kazakhstan Arkalyk, a town of fewer than 30,000 people in the central belt of Kazakhstan, wears its mining heritage proudly. By the municipal museum, a hunk of bauxite stands atop a plinth, close to the excavator bucket that tore it out of

    February 23, 2017 10:00 am JST
  • Praise for late Russian ambassador at UN, and row over tribute

    UNITED NATIONS -- U.N. Security Council diplomats mourned the sudden death of their Russian colleague Tuesday, observing a moment of silence and sharing statements of tribute before heading into a contentious debate on conflicts in Europe.Vitaly Chu

    February 22, 2017 07:30 am JST
  • Global pact to make customs procedures easy, transparent

    TOKYO -- A World Trade Organization pact designed to simplify and standardize customs procedures is expected to enter into force Wednesday, a boost to global trade amid worries of rising protectionism.The Trade Facilitation Agreement, adopted by WTO

    February 22, 2017 05:20 am JST
  • Investor money surging back into emerging markets

    LONDON -- Investors around the world are increasingly buying emerging market stocks and bonds as a pickup in the global economy has relieved earlier pessimism over U.S. President Donald Trump's protectionist policies.According to EPFR Global, which

    February 20, 2017 06:55 pm JST
  • Russia's Sakha Republic wants Japan's help tapping resources

    MOSCOW -- Japan can play a big role in the development of natural resources in the Republic of Sakha, the largest autonomous region of Russia, leader of the republic Yegor Borisov said in a recent interview with The Nikkei.Sakha has huge reserves of

    February 20, 2017 01:00 pm JST
  • Tillerson says US expects Russia to meet Ukraine commitments

    BONN, Germany (Reuters) -- U.S. Secretary of State Rex Tillerson said on Thursday that the United States was ready to work with Russia if it found common areas for cooperation, but said Moscow had to adhere to commitments made over Ukraine."As we se

    February 17, 2017 04:32 am JST
  • Flynn's exit casts pall over Trump administration

    WASHINGTON -- U.S. President Donald Trump faces an early stumble this week with the resignation of national security adviser Michael Flynn, a move with broad implications beyond efforts to mend fences with Russia.The former Army lieutenant general q

    February 15, 2017 08:30 am JST
  • Crude market still wary despite OPEC cuts

    TOKYO -- The promising start to OPEC's output reductions drew a muted reaction from the crude oil market amid uncertainty over future progress and ramped-up American shale oil production.The cartel reported Monday that 10 member countries had reduce

    February 15, 2017 04:00 am JST
  • Abe gets nod from Trump on Russia talks

    WASHINGTON -- President Donald Trump and Prime Minister Shinzo Abe spent their weekend doing more than just golfing and dining, as Abe worked to get the new U.S. leader to see Japan's point of view on potentially thorny diplomatic issues."It was lik

    February 14, 2017 07:30 am JST
  • OPEC hits record 90% compliance on crude output cuts

    LONDON -- OPEC member nations have slashed crude oil output at a rate largely fulfilling a November deal, but with shale oil suppressing prices, the cartel must decide whether to prolong its cuts and how to handle foot-dragging nonmember countries.T

    February 14, 2017 05:30 am JST
  • Japan Cash Machine looks beyond casinos in emerging markets

    OSAKA -- Japan Cash Machine will sell more currency-checking devices in emerging markets for non-gaming uses such as foreign exchange, aiming to diversify a business base now tilted heavily toward casino equipment.The Osaka-based company's validator

    February 12, 2017 03:00 pm JST
  • Decaying Kazakh mining town struggles to shift focus

    ARKALYK, Kazakhstan -- Arkalyk, a town of fewer than 30,000 people in the central belt of Kazakhstan, wears its mining heritage proudly. By the municipal museum, a hunk of bauxite stands atop a plinth, close to the excavator bucket that tore it out

    February 9, 2017 12:00 am JST
  • Should we let AI immortalize our thoughts, selves?

    MOSCOW -- There are always people in front of the statue of Alexander Pushkin, the great early 19th-century Russian poet, on Moscow's Arbat Street pedestrian mall.An old woman, asked whether she would like to speak with Pushkin, said she would indee

    February 6, 2017 01:00 pm JST
  • Ukraine president plans talks with Trump while in US

    MOSCOW -- Talks between Ukrainian President Petro Poroshenko and U.S. counterpart Donald Trump are being arranged for sometime this month, giving the European leader an opportunity to argue for maintaining sanctions on Russia as violence in eastern

    February 4, 2017 03:35 am JST
  • Mongolia's bumpy journey to independence

    HONG KONG Once the master of the Eurasian continent, controlling a fourth of the global land mass at its zenith, Mongolia was at the mercy of its powerful neighbors Russia and China in more recent times.Mongolia declared independence from its Qing d

    February 2, 2017 12:00 pm JST
  • Daniel Twining

    How Japan can 'win' with Trump

    Japan's Prime Minister Shinzo Abe was the first foreign leader to meet Donald Trump after his election as U.S. president last November. On Feb. 3, James Mattis will visit Japan on his first overseas trip as the new U.S. secretary of defense. This ea

    January 31, 2017 01:40 pm JST
  • Trump dials up world leaders in phone diplomacy offensive

    WASHINGTON -- U.S. President Donald Trump has gotten a number of world leaders on the phone since taking office, talking walls with Mexico, alliances with Russia, and defense spending with NATO allies -- but it remains to be seen how he might handle

    January 31, 2017 06:05 am JST
  • Trump talks to Putin, other world leaders about security threats

    WASHINGTON (Reuters) -- President Donald Trump discussed Syria and the fight against Islamic State with Russian President Vladimir Putin on Saturday in one of several calls with world leaders that the new U.S. president used to put his stamp on inte

    January 29, 2017 03:44 pm JST