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  • Slippery commodity

    Crude oil prices may face protracted slump

    TOKYO -- International crude oil prices have continued to tumble since this past summer, with U.S. crude oil futures declining to half the record high of $147 a barrel set in 2008. Lower oil prices will lead to improvements in corporate earnings

    November 23, 2014 01:00 pm JST
  • Halal medicine

    Drugmakers seek new opportunities in Islamic world

    DUBAI -- As the population and economic clout of the Muslim world continues to grow, pharmaceutical companies are putting more effort into developing medicines that comply with Islamic law. Demand for advanced medical treatment has been growing

    November 21, 2014 07:00 pm JST
  • Islamic State: The new face of terror

    In its quest to acquire manpower and support for its operations in Syria and Iraq, the Islamic State militant group is making deep inroads into Asia -- and achieving a level of success that al-Qaida could only have dreamed of. The growing presence o

    November 20, 2014 12:00 am JST
  • Kamal Alam: Syria offers clues to Islamic State's future in Asia

    One of the more remarkable documents found in the Osama bin Laden compound included a letter to the Islamic State group of Iraq and Syria cautioning Abu Musab al-Zarqawi over his group's extreme violence. The insurgency in Fallujah and Tal Afar

    November 20, 2014 12:00 am JST
  • G-20 leaders vow to tackle Ebola impact on global economy

    BRISBANE, Australia (Kyodo) -- Leaders from the Group of 20 economies issued a statement Saturday pledging to fight the Ebola pandemic, a move suggesting they see the outbreak in West Africa as a serious downside risk to the world economy. The s

    November 15, 2014 06:30 pm JST
  • Non-state actors starting to undermine US security structure

    TOKYO -- Twenty-five years since the end of the Cold War, the international community faces growing security threats from non-state actors, such as militants and computer hackers. Among the many such organizations, the violent Islamic State (IS)

    November 13, 2014 01:00 pm JST
  • Europe cashing in on Middle East railway projects

    DUBAI -- The Middle East is going on a railway-building spree, and the world's biggest makers want in. Railway car and facility providers from Europe, which have strong historical ties with the Middle East, are leading the race to capitalize on

    November 13, 2014 12:00 am JST
  • Keith B. Richburg: Facing 'pathological hatred' at home, Obama may find he can still lead during his Asia tour

    U.S. President Barack Obama arrived in Asia this week a damaged leader, weakened at home after midterm elections saw his Democratic Party rejected across the board and, most crucially, his Republican opponents take control of the Senate for the firs

    November 13, 2014 12:00 am JST
  • Oil prices still sliding as global economy slows

    TOKYO -- Dubai crude oil prices -- the benchmark for Asian markets -- continue to decline due to growing concerns about a sluggish world economy coupled with weak oil demand in China. On Tuesday, the price slid $1.80 from the previous day to $78

    November 12, 2014 05:34 am JST
  • Europe cashing in on Middle East's ambitious railway projects

    DUBAI -- The Middle East is going on a railway-building spree, and the world's biggest makers want in. Railway car and facility providers from Europe, which have strong historical ties with the Middle East, are leading the race to capitalize on

    November 10, 2014 07:00 am JST
  • Keith B. Richburg: Asia provides refuge from 'Obama derangement syndrome' -- but then what?

    U.S. President Barack Obama arrives in Asia in the coming days a damaged leader, weakened at home after midterm elections saw his Democratic Party rejected across the board and, most crucially, his Republican opponents take control of the U.S. Senat

    November 7, 2014 07:30 pm JST
  • The highs and lows of China's massive tourist wave

    BANGKOK -- From Paris to Pretoria, and from New York to Yorkshire, the biggest tourism trend in decades is the explosive boom in mainland Chinese travelers, who now outnumber -- and more importantly, outspend -- all other tourists. Perhaps most amaz

    November 7, 2014 07:00 pm JST
  • UK automakers use storied names to lift themselves from funk

    TOKYO -- Britain's premium automakers Jaguar Land Rover and Aston Martin have whipped their businesses into shape. The power of their brands is seen as the main driver of their resurgence. At a Jaguar Land Rover factory in Solihull, about two ho

    November 6, 2014 01:00 pm JST
  • Israel courting Japan, China on investment, exports

    TEL AVIV -- Israel is seeking to strengthen its business relationships with Asian countries at a time when its ties with traditional partners in the West are starting to fray over political issues. A delegation of some 30 members from Israel's p

    November 6, 2014 05:50 am JST
  • Cosmo, Spain's Cepsa creating Abu Dhabi oil, gas developer

    TOKYO -- Cosmo Oil and Spanish energy company Cepsa will establish a joint venture next month for collaborative development of oil and gas fields in Abu Dhabi. The major Japanese oil distributor already has a number of concessions in Abu Dhabi.

    November 6, 2014 03:53 am JST
  • An Asian post-election checklist for Obama

    Just days after the Nov. 4 midterm election transformed the U.S. political landscape by handing control of Congress to Republicans, President Barack Obama will land in Asia for a series of summits with regional and world leaders. The timing is signi

    November 5, 2014 07:00 pm JST
  • Yves Tiberghien: Should the world yawn, cheer or fear November's summits?

    For a week in November, an unusual cluster of globally significant economic summits will take place in the Asia-Pacific region: the annual Asia-Pacific Economic Cooperation meeting in Beijing (Nov. 10-11), the East Asia Summit and the Association of

    November 4, 2014 09:00 pm JST
  • Isuzu's first-half profit seen down 14%

    TOKYO -- Isuzu Motors likely beat forecasts for the April-September half, with group operating profit totaling an estimated 78 billion yen ($709 million) or so, down 14% on the year but 8 billion yen above guidance, on strong sales in Japan, the Mid

    October 31, 2014 02:00 am JST
  • Japan's Cookpad to acquire Middle East recipe purveyor

    TOKYO -- Recipe website operator Cookpad is putting the Middle East on the menu, seeking to carve out a presence in the burgeoning market by purchasing a Lebanese counterpart. The Japanese company will buy all the shares in Netsila SAL, which op

    October 30, 2014 02:00 am JST
  • Saudi Aramco lowers LPG prices 17-22%

    TOKYO -- Saudi Arabia's state-run oil company has cut the contract price for November shipments of liquefied petroleum gas to Asia by 17-22% from the previous month. Saudi Aramco's decision was influenced by the recent plunge in crude oil prices

    October 30, 2014 01:59 am JST