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  • Gas-cooled reactors

    Japan hopes new model gives nuclear industry fresh spark

    TOKYO -- A "high-temperature gas-cooled reactor," or HTGR, which has been idle since Japan's March 2011 earthquake is set to be restarted. The Japan Atomic Energy Agency (JAEA) has applied to the Nuclear Regulation Authority for a safety review to f

    December 21, 2014 01:00 pm JST
  • Global oil market

    New tug of war for dominance

    TOKYO -- Citizens in Abu Dhabi were caught off guard in November, when the government announced it would begin charging fees for water usage for first time ever starting in January 2015. The Organization of Petroleum Exporting Countries, th

    December 21, 2014 07:00 am JST
  • Putin under pressure

    Beleaguered Russia faces a crossroads

    TOKYO -- Vladimir Putin's willingness to give ground and seek harmony with the West may determine not only the future of Russia but also global security down the road. Nine months after the annexation of most of the Crimean peninsula from Ukrain

    December 18, 2014 07:00 pm JST
  • Gulf oil production

    No plans to scale back investment

    DUBAI -- State-owned oil producers in the Persian Gulf are not planning to cut investments for increasing production despite low oil prices. Late last month, Khalid al-Falih, CEO of Saudi Arabian state-run Saudi Aramco, the world's largest oil p

    December 18, 2014 07:00 pm JST
  • OPEC discord as Saudis put market share above prices

    DUBAI -- OPEC's recent decision to keep crude oil output unchanged despite tumbling prices highlights Saudi Arabia's determination to solidify its position as the world's top oil exporter. The 12-member cartel now sees demand for OPEC-produced c

    December 18, 2014 12:00 am JST
  • Terrorists without borders

    Have hundreds of China's Uighurs joined Islamic State?

    BEIJING -- Thwarting terrorists is a constant preoccupation of China's leaders, who sit atop a nation of numerous ethnic minorities, some more restive than others. A recent news report suggests a troubling link between Uighur separatists and Islamic

    December 17, 2014 06:08 am JST
  • Russia raises rates in emergency move as ruble collapses

    MOSCOW (Reuters) - Russia's central bank raised its key interest rate to 17 percent from 10.5 percent early Tuesday in an emergency move to halt a collapse in the rouble as oil prices decline and the country's sanctions-hit economy slides toward rec

    December 16, 2014 11:30 am JST
  • Brahma Chellaney

    From a nonaligned to multialigned India?

    When a country hosts Chinese President Xi Jinping, Russian President Vladimir Putin and U.S. President Barack Obama in rapid succession for bilateral meetings, it demonstrates its ability to forge partnerships with rival powers and broker cooperativ

    December 15, 2014 05:30 pm JST
  • Misunderstood Muslims?

    Islam faces pressures from all sides

    TOKYO -- Saudi Arabia may soon lift the long-standing ban on women drivers. News reports in November said an advisory council to King Abdullah of Saudi Arabia had recommended allowing women to drive under certain conditions. According to the Shu

    December 15, 2014 01:00 pm JST
  • UN talks agree building blocks for new-style climate deal in 2015

    LIMA (Reuters) -- About 190 nations agreed on Sunday the building blocks of a new-style global deal due in 2015 to combat climate change amid warnings that far tougher action will be needed to limit increases in global temperatures. Under the de

    December 14, 2014 06:18 pm JST
  • Sino-Israel relations blossom

    Chinese Net giants meet their matches in Israeli IT startups

    SILICON VALLEY -- China and Israel are forging closer ties in the IT sector, fueled by growing partnerships between their high-tech industries. Officials from Alibaba Group, Tencent, Baidu and other major Chinese Internet firms have been seen vi

    December 14, 2014 01:00 pm JST
  • The oil sell-off continues

    Global equity markets get jitters

    TOKYO -- The drop in crude oil prices is unsettling stock markets around the world, not only because of its speed but also because of the difficulty of judging how good or bad it is for the global economy. Even veteran money managers are scratch

    December 13, 2014 07:39 am JST
  • Falling oil prices

    Still no sign of a bottom

    TOKYO -- The price of crude oil continues to fall, and while cutbacks to U.S. shale oil production could help bring supply in line with demand, the effect will likely take time to spread. West Texas Intermediate, the U.S. benchmark, has dropped

    December 13, 2014 05:59 am JST
  • OPEC discord

    For Saudis, market share matters more than prices

    DUBAI, United Arab Emirates -- OPEC's recent decision to keep crude oil output unchanged despite tumbling prices highlights Saudi Arabia's determination to solidify its position as a top oil-producing country. The 12-member cartel now sees deman

    December 11, 2014 05:58 am JST
  • Pertamina's $25B project

    Three energy heavyweights sign up to Indonesian refinery development

    JAKARTA -- Three global players in the energy industry Saudi Aramco, China's Sinopec and Japan's JX Nippon Oil & Energy Corporation are joining the $25 billion project, led by Pertamina, to expand Indonesia's refineries capacity. The four parties si

    December 10, 2014 07:00 pm JST
  • Oil prices

    Crude keeps sliding on prospects of oversupply, weak demand

    TOKYO -- Crude oil prices continue to fall amid an expected glut, stepped-up price competition among producers, and sluggish demand growth in major markets. West Texas Intermediate futures for January delivery traded for $62.25 a barrel Monday

    December 10, 2014 05:50 am JST
  • Oil prices

    Saudis now know better than to buck the market

    TOKYO -- OPEC's recent decision not to cut oil output despite sharply lower crude prices could owe to many factors, such as the U.S. shale boom and efforts to rein in Russia. But above all, it underscores the overwhelming power of the market. Sa

    December 9, 2014 07:39 am JST
  • Myanmar's transition to democracy

    Obama says reforms not complete, urges free and fair elections

    YANGON -- After a decade of sanctioning Myanmar, the President of the United States Barack Obama has for the first time officially called the country, which is also known as Burma, Myanmar. Obama had refused to use the name Myanmar in his first visi

    December 5, 2014 11:20 pm JST
  • Tejraj M. Aminabhavi: Carbon -- a versatile gift from nature

    Carbon is available in many different forms: carbon dioxide, methane gas, coal, petroleum and natural gas. It is the active element of photosynthesis -- a key process for all living matter that combines water, sunlight and carbon dioxide to create u

    December 4, 2014 12:00 am JST
  • 'Reverse oil shock' rattling world's oil producers

    VIENNA/TOKYO -- Oil-producing nations have been struggling for more than five months as falling oil prices send their currencies lower and spur inflation. They received a fresh blow when the Organization of the Petroleum Exporting Countries decided

    December 4, 2014 12:00 am JST