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  • Edward Alden: Solving the global steel glut means sharing the pain

    The steel industry is once again in crisis. Led by China, global steelmaking capacity has doubled in the past 15 years, while demand has slumped. The consequences in many countries are falling prices, idled production, bankruptcies and job losses. T

    May 5, 2016 12:00 pm JST
  • Bird flu scare takes bite out of NH Foods' profit

    OSAKA -- Net profit at Japan's NH Foods, also known as Nipponham Group, fell 30% for the year ended March 31 after an avian influenza outbreak led to hefty write-downs on the company's Turkish poultry unit.Group net profit totaled 21.7 billion yen (

    May 3, 2016 02:00 am JST
  • Dovish Fed, oil rally buoy emerging-market currencies

    TOKYO -- Currencies in emerging countries are firming up against the dollar as a pickup in oil prices boosts investor confidence and the U.S. Federal Reserve looks less likely to raise interest rates for the time being.The Brazilian real and the Tur

    April 29, 2016 06:00 am JST
  • Commentary

    Edward Alden: How to solve the global steel glut

    The steel industry is once again in crisis. Led by China, global steelmaking capacity has doubled in the past 15 years, while demand has slumped. The consequences in many countries are falling prices, idled production, bankruptcies and job losses. U

    April 19, 2016 05:00 pm JST
  • G-20 starts 2-day meeting, study ways to lift slowing economy

    WASHINGTON (Kyodo) -- Finance chiefs from the Group of 20 economies started a two-day meeting Thursday to discuss ways to support global economic growth amid financial market instability and a slowdown in emerging countries. During the gathering

    April 15, 2016 08:31 am JST
  • Turkish soap-maker Evyap breaks with tradition in Malaysia

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    April 14, 2016 12:00 pm JST
  • Turkish soap-maker Evyap breaks with tradition in Malaysia

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    April 14, 2016 12:00 pm JST
  • Mitsubishi Electric plans air conditioner plant in Turkey

    TOKYO -- Mitsubishi Electric on Wednesday announced it will open a household air conditioner development and production site in Turkey at a projected cost of 7 billion yen ($64 million). Construction will begin by this fall in the province of Ma

    April 14, 2016 03:00 am JST
  • Sprint could still ding SoftBank on road to recovery

    TOKYO -- U.S. cellular provider Sprint remains far from profitability despite some cost-cutting success, threatening to soil parent SoftBank Group's balance sheet if its value dips too far. SoftBank shares ended Thursday, and thus fiscal 2015, a

    April 1, 2016 02:00 am JST
  • Japanese fabric makers find eager market in Middle East

    TOKYO -- Japan's Mitsubishi Rayon, Kuraray and other leading fabric makers are preparing to enhance sales of their quality materials to the Middle Eastern market, to be used for traditional garments. Made-in-Japan fabrics, many of them featuring cut

    March 28, 2016 07:00 pm JST
  • Japanese detained in Turkey for trying to join Islamic State: reports

    CAIRO (Kyodo) -- Turkish security forces have detained a Japanese man attempting to join the Islamic State extremist group near the Syrian border, Turkish media reported Wednesday. The 23-year-old man was detained with several Syrians late Tuesd

    March 24, 2016 01:40 pm JST
  • Knowledge is power at top Turkish science school

    ISTANBUL -- Established in 1773 during the Ottoman Empire, Istanbul Technical University is one of Turkey's top science schools. The university's Energy Institute emphasizes research and development, as well as efficiency improvements, in order to t

    March 24, 2016 12:00 pm JST
  • Knowledge is power at top Turkish science school

    ISTANBUL Established in 1773 during the Ottoman Empire, Istanbul Technical University is one of Turkey's top science schools. The university's Energy Institute emphasizes research and development, as well as efficiency improvements, in order to tr

    March 24, 2016 12:00 pm JST
  • Suicide bomber hits Istanbul's most popular pedestrian street

    ISTANBUL--A deadly suicide bombing ripped through Istanbul's most popular pedestrian thoroughfare Saturday morning, Governor Vasip Sahin said, stoking fears of mounting urban terrorism as back-to-back bombings have recently targeted major Turkish ci

    March 19, 2016 07:42 pm JST
  • EU, Turkey seal deal to return migrants

    BRUSSELS (Reuters) -- The European Union sealed a controversial deal with Turkey on Friday intended to halt illegal migration flows to Europe in return for financial and political rewards for Ankara. The accord aims to close the main route by wh

    March 19, 2016 12:31 pm JST
  • Second car bomb in a month kills 27 in Turkish capital Ankara

    ANKARA (Reuters) -- A car bomb killed at least 27 people at a crowded transport hub in the Turkish capital of Ankara on Sunday and wounded at least 75 more, the second such attack in the administrative heart of the city in less than a month. The

    March 14, 2016 04:38 am JST
  • EU welcomes bold Turkey plan to stop migrants, defers decision

    BRUSSELS (Reuters) - European Union leaders welcomed Turkey's offer on Monday to take back all migrants who cross into Europe from its soil and agreed in principle to Ankara's demands for more money, faster EU membership talks and quicker visa-free

    March 8, 2016 11:26 am JST
  • Frederick Neumann

    G-20 meeting highlighted obstacles facing governments trying to revive growth

    Any hopes for a quick fix to the world's economic travails were quickly dashed. At their meeting in Shanghai last weekend, G20 finance ministers and central bank governors failed to come up with a "grand bargain" that might have eased investor conce

    February 29, 2016 03:20 pm JST
  • Japan-Turkey team

    Consortium offers up to $20bn for Turkmenistan gas project

    TOKYO -- A consortium of Japanese and Turkish companies is offering in the neighborhood of $15 billion to $20 billion for an order to build natural-gas-processing facilities in Turkmenistan. Central to the project is construction of facilities d

    February 29, 2016 01:31 am JST
  • Gist of communique by G-20 finance chiefs

    SHANGHAI (Kyodo) -- The following is the gist of a communique released Saturday by the Group of 20 finance ministers and central bank governors after their two-day meeting in Shanghai. The G-20 finance chiefs: -- recognize the global recover

    February 27, 2016 09:47 pm JST