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  • TPP impasse

    Breakthrough needed by end of month

    LAHAINA, Hawaii -- Japan, the U.S. and other Pacific Rim nations negotiating a trade and investment pact have managed to propose holding another ministerial meeting in late August in a desperate attempt to keep a deal from collapsing. But there

    August 2, 2015 12:30 am JST
  • TPP negotiation

    Full text of statement by ministers from TPP countries

    LAHAINA, Hawaii (Kyodo) -- The following is the full text of a joint statement released Friday by ministers from the 12 countries negotiating the Trans-Pacific Partnership free trade initiative after their four-day talks in Hawaii. We, the trade

    August 1, 2015 06:12 pm JST
  • Pacific trade talks enter make-or-break final day in Hawaii

    LAHAINA, Hawaii (Kyodo) -- Negotiations for a Pacific Rim trade agreement entered the final day Friday on the Hawaiian island of Maui, with trade ministers rushing to secure a deal to create the most ambitious free trade zone in a generation. Th

    August 1, 2015 09:40 am JST
  • TPP talks go down to the wire

    Drug, dairy issues defy attempts at compromise

    LAHAINA, Hawaii -- Rifts over protections for drug development data and dairy market access remained as the U.S., Japan and 10 other nations engaged in what are seen as pivotal late-stage negotiations on the Trans-Pacific Partnership trade agreement

    August 1, 2015 02:33 am JST
  • Take our mine, please!

    Sumitomo, Vale sell Aussie coal mine for less than $1

    SYDNEY -- Japanese trading house Sumitomo Corp. has sold its interest in Australian coal mine Isaac Plains for practically nothing. Local mining company Stanmore Coal said it bought the entire stake from Sumitomo and Brazilian company Vale for 1

    August 1, 2015 02:10 am JST
  • TPP talks

    Malaysia, Vietnam to ease investment rules

    LAHAINA, Hawaii -- Emerging countries will relax regulations on foreign investment in a wide range of areas under a draft agreement by the 12 nations hashing out the Trans-Pacific Partnership free trade pact. Malaysia would let foreign companies

    July 31, 2015 02:00 am JST
  • TPP debate rages

    Japan's offer on dairy imports unlikely to satisfy New Zealand

    LAHAINA, Hawaii -- Japan is considering setting a 70,000-ton quota for low-tariff imports of dairy products from the U.S., Australia and New Zealand under the Trans-Pacific Partnership trade agreement, but Wellington is objecting to the figure as to

    July 30, 2015 12:29 am JST
  • Cutting through disputes

    TPP nations near deal on 70-year copyright protection

    LAHAINA, Hawaii -- Trade ministers from the 12 nations negotiating the Trans-Pacific Partnership pact are expected to agree on protecting copyrighted content for 70 years after the death of the creator, with plans to allow some exemptions based on t

    July 29, 2015 11:15 pm JST
  • Roadblock in Malaysia?

    Ministers meet for a final TPP push

    Lahaina, HAWAII -- Ministerial-level talks began here Tuesday that could end with 12 nations concluding an agreement that would make it easier for corporations and investors to ship products, conduct business and buy assets across borders. Even if t

    July 29, 2015 05:50 pm JST
  • Pacific trade talks in final stretch as ministers meet in Hawaii

    LAHAINA, Hawaii (Kyodo) -- Talks on a multilateral Pacific free trade agreement are entering the final stretch with trade ministers from 12 countries set to gather Tuesday for make-or-break bargaining toward creating the world's largest free trade z

    July 29, 2015 01:23 pm JST
  • George Magnus

    TPP can help but not transform Asia's trade funk

    It has become almost an annual ritual for the International Monetary Fund to lower its projections for economic growth in emerging countries, including those in Asia, still the most dynamic part of the emerging universe. A key factor in recent downg

    July 29, 2015 11:45 am JST
  • TPP talks

    Emerging economies to open up public works projects to foreign companies

    LAHAINA, Hawaii -- Countries such as Malaysia, Vietnam and Australia will offer foreign companies the opportunity to participate in public works projects under an agreement reached by negotiators of the Trans-Pacific Partnership trade pact. The

    July 29, 2015 04:25 am JST
  • China worries

    Greenback gains ground as flight from emerging markets quickens

    TOKYO -- The renewed sell-off in Chinese equities has hastened an investor retreat from emerging markets and resource-rich nations, sending some of their currencies to their lowest in more than a decade. Meanwhile, this flight to safety has push

    July 29, 2015 04:00 am JST
  • Daniel Wu

    TPP progress could reinvigorate Asian togetherness

    Signs that the Trans-Pacific Partnership talks could advance to an agreement in principle by the end of the year might give new life to negotiations for an alternative regional free-trade pact. In particular, Indonesia has shown new keenness to

    July 28, 2015 05:45 pm JST
  • U.S. upgrades Malaysia, Cuba in trafficking report

    WASHINGTON (Reuters) -- The United States upgraded Malaysia in an annual report on human trafficking on Monday despite calls by human rights groups and nearly 180 U.S. lawmakers to keep the Southeast Asian country on a list of worst offenders in fai

    July 27, 2015 10:20 pm JST
  • WTO members seal trillion-dollar IT trade deal

    WASHINGTON (Reuters) -- World Trade Organization (WTO) members finalized a deal on Friday to cut tariffs on $1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment. The

    July 24, 2015 01:12 pm JST
  • NZ central bank cuts rates, expects more easings as economy slows

    WELLINGTON (Reuters) -- New Zealand's central bank cut its policy rate by a quarter percentage point on Thursday in response to a slowing economy, and looks set to return rates to levels during the depths of the global financial crisis. The New

    July 23, 2015 11:55 am JST
  • Hot, dry and desperate

    El Nino should have faded out in spring, but it now looks like the world's most formidable "little boy" will hang around his Pacific playground through autumn. The weather phenomenon is causing deadly heat waves in South Asia, while Southeast As

    July 23, 2015 12:00 am JST
  • Brahma Chellaney: Water (problems), water (problems) everywhere

    The centrality of water is a recurring theme in various religions. The Bible -- largely written amid water scarcity -- associates drought with the wrath of God. "By means of water," says the Quran, "we give life to everything." Hindu gods and goddes

    July 23, 2015 12:00 am JST
  • Frozen Down Under, or: How to kill a cane toad

    QUEENSLAND -- Australians love to scare overseas visitors with lurid tales of the deadly snakes, spiders, sharks and crocodiles lying in wait for them at the beach or in the bush. There is no doubt these dangerous creatures add a frisson of exciteme

    July 23, 2015 12:00 am JST