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  • Ajinomoto heats up its frozen food business with Windsor

    TOKYO -- Ajinomoto aims to whip up more business in the U.S. by acquiring Windsor Quality Holdings, a leading frozen food company based in Texas. The Japanese seasonings maker, which announced the roughly $800 million deal Sept. 10, intends to u

    September 18, 2014 12:00 am JST
  • Japan's SMBC finds partner to help build Islamic finance business

    LONDON -- Japan's Sumitomo Mitsui Banking Corp. is ready to expand lending in countries where Islamic finance prevails. The Japanese bank on Sept. 15 signed a memorandum of understanding with the Islamic Corporation for the Insurance of Investme

    September 16, 2014 02:30 pm JST
  • Star Alliance rivals SkyTeam, oneworld close gap on global sky leader

    NEW YORK -- Three airline groups are intensifying their battle over which will take leadership of the skies. Though Star Alliance has been firmly in the lead, SkyTeam and oneworld are gaining ground by expanding services through the addiction of new

    September 16, 2014 01:00 pm JST
  • Dubai developers have big plans, literally, for 2020 expo

    DUBAI -- Property developers in Dubai are going all-out to ensure that, if nothing else, visitors to the world expo there in 2020 will have plenty of cool places to shop and play. Emaar, the emirate's government-affiliated, and largest, property

    September 13, 2014 01:00 pm JST
  • War on terror could weaken Obama's pivot to Asia

    WASHINGTON -- President Barack Obama's decision to begin airstrikes in Syria may negatively impact Asia, as the resurgent focus on the war on terror could divert the U.S. attention at a time when the region needs more American engagement. Obama o

    September 12, 2014 07:00 pm JST
  • Ajinomoto heats up its frozen food business with Windsor deal

    TOKYO -- Ajinomoto aims to whip up more business in the U.S. by acquiring Windsor Quality Holdings, a leading frozen food company based in Texas. The Japanese seasonings maker, which announced the roughly $800 million deal Wednesday, intends

    September 12, 2014 01:00 pm JST
  • Obama preparing airstrikes on Islamist militants in Syria

    WASHINGTON (Kyodo) -- U.S. President Barack Obama said Wednesday he is set to approve airstrikes against Islamic State militants in Syria in addition to Iraq, where U.S. planes have bombed the group since August. Obama revealed the plan as part

    September 11, 2014 11:56 am JST
  • Security risks spreading as extremists regain power, take to Internet

    TOKYO -- It has been 13 years since the terrorist attacks on the U.S. on Sept. 11, 2001. Al-Qaida leader Osama bin Laden is dead, but amid the political turmoil after the Arab Spring, Islamic extremists have begun expanding their activities again. T

    September 11, 2014 12:00 am JST
  • Viruses: Nanoscopic takers (and possibly givers) of life

    TOKYO -- The Ebola outbreak in West Africa has claimed more than 1,500 lives and continues to accelerate, prompting the World Health Organization to call it an international public health emergency. In Japan, dengue fever has reappeared for the firs

    September 11, 2014 12:00 am JST
  • Ashvin Dayal: Resilience to climate change a must

    Climate change creates unique public health challenges in the developing world. Fluctuations in temperature, precipitation and humidity can exacerbate chronic problems such as drought or contribute to weather shocks such as larger and more frequent

    September 11, 2014 12:00 am JST
  • Steve Vickers: Companies thought they understood risk -- they didn't

    The attacks in New York on Sept. 11, 2001, ended an era in which companies and individuals felt immune from threats, forcing them to reappraise their vulnerabilities and broaden their conceptions of risk. The nature of the 9/11 attacks -- on proper

    September 11, 2014 12:00 am JST
  • The shadow of 9/11

    Following the Sept. 11, 2001, attacks by al-Qaida, the U.S. launched a "war on terror," eventually destroying the militant Islamic group's stronghold in Afghanistan and killing its leader, Osama bin Laden. But this did little to halt the rise in

    September 11, 2014 12:00 am JST
  • Nissan targets 10% market share in Africa

    TOKYO -- Nissan Motor is cultivating business in African countries such as Morocco and Kenya, aiming to expand its market share of just over 7% on the continent to 10% by the year ending March 2017. Africa's auto market stands at around 1.6 mill

    September 9, 2014 02:52 am JST
  • Mitsubishi wins Qatar order for communications satellite

    TOKYO -- Mitsubishi Electric said Monday that it has received an order for a communications satellite from Qatar's state-owned satellite operator. This represents the first satellite order from a Middle Eastern customer to a Japanese company. It

    September 9, 2014 02:29 am JST
  • Major Asian airlines struggle to shake off low-cost competitors

    SINGAPORE/HONG KONG/MANILA -- The increasing popularity of budget carriers is shaking up major Asian airlines, causing their market dominance to fade. Singapore Airlines logged a net profit of 360 million Singapore dollars ($288 million) last fi

    September 4, 2014 12:00 am JST
  • Tourist hot spots

    The number of travelers going abroad reached 1.035 billion in 2012, surpassing 1 billion for the first time, according to the U.N. World Tourism Organization. In 2013, the number increased 5%, to 1.087 billion. Europe remains the most popular touris

    September 4, 2014 12:00 am JST
  • 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
  • Viruses: nanoscopic takers (and possibly givers) of life

    TOKYO -- The Ebola outbreak in West Africa has claimed more than 1,500 lives and continues to accelerate, prompting the World Health Organization to call it an international public health emergency. In Japan, dengue fever has reappeared for the firs

    August 29, 2014 07:00 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
  • 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