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  • Malaysia's IHH Healthcare sees Q2 net profit jump 33%

    KUALA LUMPUR -- IHH Healthcare's net profit for the April-June period surged 33% year-on-year to 209 million ringgit ($66 million). Malaysia's leading hospital management company attributed the performance to greater patient volumes and increased ca

    August 29, 2014 02:50 pm JST
  • Turkmenistan gas plant project latest sign of pickup in Japanese-Turkish cooperation

    ISTANBUL -- A Japanese-Turkish consortium has clinched a roughly $1.5 billion contract to build a large gas-to-liquids plant in Turkmenistan. Analysts say the arrangement could pave the way for more Japanese and Turkish companies to advance further

    August 28, 2014 01:00 pm JST
  • KidZania CEO sees opportunity in Asia's education ethic

    MEXICO CITY -- From Sao Paulo to Moscow, KidZania is expanding around the world. It is particularly keen to branch out in Asia, where large cities and education-minded families spell vast opportunities for the children's theme park operator. CEO

    August 28, 2014 12:00 am JST
  • KidZania CEO values Asia's education ethic

    MEXICO CITY -- KidZania is rapidly expanding around the world, especially in Asia. CEO and founder Xavier Lopez spoke recently with the Nikkei about his company's plans for Asia. Excerpts from the interview follow.Q: Why have you opened so many faci

    August 21, 2014 07:00 pm JST
  • Russia rushes to diversify import sources amid tensions with West

    MOSCOW -- Russia is scrambling to diversify the sources of its imports in response to the recent round of tit-for-tat sanctions between Moscow and the West. The U.S. and European countries imposed sanctions on Russia over the crisis in Ukraine a

    August 21, 2014 01:00 pm JST
  • Cronyism skews Turkey's growing wealth

    ISTANBUL -- Dogged by rising criticism for a perceived authoritarian streak, Recep Tayyip Erdogan has presided over a decade of growth that has left the Turkish economy bigger but also highly distorted. Since May, the prime minister has unabashe

    August 21, 2014 12:00 am JST
  • Erdogan's aimless foreign policy strains ties

    ISTANBUL -- Turkey prides itself on being the Middle East's lone Islamic democracy and aspires to regional hegemony. But the NATO member at the crossroads between Europe and the Middle East has fallen out with its neighbors, partly because it has mi

    August 21, 2014 12:00 am JST
  • Turkey becoming Japan Inc.'s gateway to Central Asia

    ISTANBUL -- Japanese companies are increasingly using Turkey as a steppingstone leading to the resource-rich markets of Central Asia and the Caucasus. The region boasts a wealth of natural gas, minerals and other resources, and its economies are

    August 19, 2014 03:32 am JST
  • Turkey not isolated, seeks active diplomatic role: Erdogan adviser

    ISTANBUL -- Turkey will remain active in foreign affairs, particularly in its own region, under its new president, says Ibrahim Kalin, senior foreign policy adviser to Prime Minister Recep Tayyip Erdogan. Erdogan became the country's first direc

    August 14, 2014 03:35 am JST
  • Turkey's aimless foreign policy strains ties

    ISTANBUL -- Turkey prides itself on being the Middle East's lone Islamic democracy and aspires to regional hegemony. But the NATO member and crossroads between Europe and the Mideast has fallen out with its neighbors, partly because it has misread t

    August 14, 2014 03:24 am JST
  • Cronyism skews Turkey's growing wealth

    ISTANBUL -- Dogged by rising criticism for a perceived authoritarian streak, Recep Tayyip Erdogan has presided over a decade of growth that has left the Turkish economy bigger but also highly distorted. Since May, the prime minister has unabashe

    August 13, 2014 04:10 am JST
  • Education key to Turkey's continued rise: ex-central banker

    ISTANBUL -- Investments in modern infrastructure have made Turkey the emerging economic power it is today, but it needs to keep moving up the value chain, argues Guven Sak, managing director of the influential Ankara-based think tank Tepav. Sak,

    August 13, 2014 12:31 am JST
  • Erdogan vows to wield real power as Turkey's new president

    ISTANBUL -- Having won the nation's first direct presidential election on Sunday, Turkish Prime Minister Recep Tayyip Erdogan will serve a five-year term with the possibility being re-elected to another. Although Turkey's constitution grants the

    August 12, 2014 06:40 am JST
  • Erdogan wins Turkey's 1st presidential election

    CAIRO (Kyodo) -- Recep Tayyip Erdogan won Turkey's first direct presidential election Sunday after serving as prime minister for more than a decade. With 100 percent of the votes counted, the 60-year-old from the ruling AK Party won a victory b

    August 11, 2014 08:30 am JST
  • China had role in Japan's failed Turkey arms deal

    TOKYO -- Nearly three months after lifting its long-standing arms embargo, Japan recently approved plans to supply missile parts to the U.S. and joint military research with a British company. Behind the scenes, however, there was a deal that fell t

    August 7, 2014 12:00 am JST
  • China seen behind Japan's failed Turkey arms deal

    TOKYO -- Nearly three months after lifting its long-standing arms embargo, Japan recently approved plans to supply missile parts to the U.S. and conduct joint military research with a British company. Behind the scenes, however, there was a deal tha

    August 3, 2014 01:00 pm JST
  • Weaponizing the world

    Military spending in 2013 showed year-on-year growth worldwide in all regions except for the U.S., Europe and Oceania. Increases were particularly high in emerging economies. China has nearly tripled its military spending over a decade, and now acco

    July 24, 2014 12:00 am JST
  • Carmakers in Turkey boost exports as domestic sales falter

    ISTANBUL -- Capitalizing on the depreciation of the lira, automakers operating in Turkey are stepping up exports to offset weak domestic demand. Ford Otosan, set up jointly by Ford Motor of the U.S. and Koc Holding, a leading industrial conglom

    July 21, 2014 01:00 pm JST
  • Turkish, Emirates in top 5, Japanese carriers rebound in Nikkei Business survey

    TOKYO -- A survey of flier satisfaction conducted for the first time in two years by Nikkei Business magazine again gave the top marks to Singapore Airlines. The latest poll of about 6,600 business travelers saw Japanese airlines ranked second and t

    July 17, 2014 12:00 am JST
  • Erdogan to run in Turkey's first direct presidential election

    ISTANBUL -- Turkish Prime Minister Recep Tayyip Erdogan said Tuesday that he will run in the country's first direct election for president in the coming months, aiming to cement his power with a fresh popular mandate. The move could allow Erdoga

    July 2, 2014 04:45 am JST