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  • Stephen Grenville: How to reboot world trade talks

    Expanding trade has been the lynchpin of globalization. Total world trade rose from 42% of global gross domestic product in 1980 to 62% in 2007, according to the International Monetary Fund. Trade slowed during the 2008 crisis and since then has bar

    September 2, 2014 01:00 pm JST
  • Iron ore prices seen falling 10% in October-December quarter

    TOKYO -- The price Japanese steelmakers pay for iron ore in the October-December period will likely drop more than 10% from the prior three months, for a third straight quarterly decline. Japanese prices are calculated from spot prices of Austra

    September 2, 2014 01:43 am JST
  • For Toyota Australia, court victory raises questions of what might have been

    SYDNEY -- As Toyota Motor heads for a withdrawal from Australian production, a court ruling has offered a glimpse at how things might have turned out differently. In December, a federal court blocked the Japanese company's Australian unit from s

    September 1, 2014 12:00 pm JST
  • Sekisui House kicks off housing phase of Sydney redevelopment project

    OSAKA -- Sekisui House has begun constructing residential buildings in what marks the start of the second stage of the huge Central Park redevelopment project in downtown Sydney. The Japanese homebuilder and a Singapore-based property developer

    August 30, 2014 02:15 am JST
  • Foreign players capitalizing on China's food scares

    SHANGHAI/DALIAN, China -- Foreign food companies are rushing to the Chinese market to cash in on growing consumer concerns about the country's chronic food safety woes. The latest move saw Fonterra Co-operative Group, New Zealand's top dairy com

    August 29, 2014 01:00 pm JST
  • Global supply glut puts coal producers under pressure

    BANGKOK -- It has been a tough year for commodities, particularly large-volume bulk commodities, but none face as much of a challenge as coal. Prices for both thermal coal and metallurgical coal for steelmaking have languished for the past two t

    August 29, 2014 01:00 pm JST
  • Business of surrogate mothers brought into global spotlight

    TOKYO -- The recent news of an Australian couple who allegedly refused to adopt a disabled baby from a Thai surrogate mother, and of a surrogacy scandal involving a Japanese man in Thailand, have brought the issue of surrogacy into the global spotli

    August 28, 2014 01:00 pm JST
  • Top Japanese trading houses retooling portfolios

    TOKYO -- Japan's leading trading companies are speeding up sales of unprofitable assets to secure funds for new investments, especially as traditional areas of investment such as natural resources slump. These companies have been investing heavi

    August 28, 2014 05:33 am JST
  • East Asian free-trade talks stumble over tariff rates

    TOKYO -- Sixteen Asia-Pacific nations negotiating a free-trade pact were unable to settle on a common target for tariff elimination at a ministerial meeting Wednesday in Naypyitaw, making a conclusion by the end of next year unlikely. This marke

    August 28, 2014 03:50 am JST
  • Asean entrepreneurs of Chinese descent expanding presence in acquisitions overseas

    TOKYO -- Direct investment from Southeast Asia to the rest of the world has been increasing steadily, led by companies owned and managed by entrepreneurs of Chinese descent. Companies in five major members of the Association of Southeast Asian N

    August 28, 2014 12:00 am JST
  • Backlash builds over Australian university reforms

    SYDNEY -- Australia's conservative government is facing growing political obstacles to its controversial plan to cut $5.42 billion in funding to the country's universities. How the proposed changes will affect Australia's ability to attract over

    August 28, 2014 12:00 am JST
  • Australian politician provokes ire with China slurs

    BANGKOK -- Global business executives, especially those in the mining industry, tend to say only positive things about China for the benefit of their corporate interests. But not Clive Palmer, the Australian mining magnate whose increasingly outrage

    August 27, 2014 07:00 pm JST
  • Australian students get 'immersed' in Asian languages

    SYDNEY -- An increasing number of Australian schools are introducing "immersion education," in which students learn core academic subjects, such as mathematics and history, in a foreign language. Compared with other countries where immersion ed

    August 23, 2014 01:00 pm JST
  • Kansai Electric to take stake in Aussie LNG project

    OSAKA -- Kansai Electric announced Wednesday it will acquire a partial interest in a liquefied natural gas project in Australia. The electric company will buy 1.2% of the stake in the Ichthys LNG project now held by Japan's top energy explorer,

    August 21, 2014 03:07 am JST
  • Is Asia's richest man pulling out of China?

    HONG KONG -- On May 8, Cheung Kong (Holdings) announced that it wanted to buy Australia's Envestra for 2.37 billion Australian dollars ($2.2 billion) in cash. The offer, made by a consortium formed with two group companies, represented a 16.8% premi

    August 21, 2014 12:00 am JST
  • Chugoku Electric to invest in Aussie coal

    OSAKA -- Chugoku Electric Power is acquiring a partial interest in an Australian coal mine -- the latest of many moves by Japanese power companies toward conventional energy with nuclear reactors still on lockdown after the 2011 disaster. The ut

    August 19, 2014 05:51 am JST
  • John Edwards: Coming monetary tightening will expose G-20's vulnerabilities

    Whether or not it is a formal part of the agenda for the Group of 20 finance ministers and central bankers in Cairns, Australia, in September (or Washington, D.C., in October), there is little doubt that the biggest global economic problem today is

    August 18, 2014 01:00 pm JST
  • New Zealand's Key likely to win third term

    Sydney -- New Zealand's strong economy is likely to help the ruling National Party win a major victory in a September general election. Increasing inflationary pressures pushed the country's central bank to start tightening monetary policy from

    August 17, 2014 07:00 am JST
  • Asean-size window of opportunity opening up for Japan

    Association of Southeast Asian Nations members and other regional players have held a series of ministerial-level meetings in Myanmar's capital, Naypyitaw. While disputes over islands in the South China Sea were a major focus of the discussions, par

    August 14, 2014 12:00 am JST
  • IHI to build 30 billion yen power plant in Australia

    TOKYO -- IHI has been awarded a contract to supply three gas turbine systems worth about 30 billion yen ($290 million) to an Australian power plant, the engineering company announced Tuesday. IHI will install three LM6000 turbines based on a Gen

    August 13, 2014 02:00 am JST