Search results

Results 1 - 20 of 156
  • Foreign companies accelerate cheap yen funding

    TOKYO -- Non-Japanese companies have been raising more funds in yen this year, with low interest rates lifting samurai loans to a record high in the first half. U.S. and European banks cut back on lending after the 2008 financial crisis, leading

    July 24, 2014 02:02 am 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
  • Fighter jet makers duel over emerging markets

    PARIS/LONDON -- At this year's Farnborough International Airshow, one of the world's largest aircraft exhibitions, Boeing and Airbus competed for passenger jet orders in spectacular fashion. But the sidelines of the show, which closed Sunday, double

    July 22, 2014 07:00 am JST
  • Sumitomo plans Saudi sales bases for construction machinery

    TOKYO -- Japanese trading house Sumitomo has set up a 50-50 joint venture in Saudi Arabia with the Abdul Latif Jameel group to market heavy construction equipment made by Komatsu. The venture will open eight offices in major Saudi cities by 2016

    July 22, 2014 02:54 am JST
  • Chinese yuan raising global profile

    HONG KONG -- Companies the world over are increasingly using China's currency to make settlements for trade and investment as they seek to hedge risk and do more business with the massive Chinese market. Yuan-denominated settlements as a proport

    July 19, 2014 04:24 am JST
  • US crude exports could shake up global oil market

    TOKYO -- The recent partial lifting of a ban on crude oil exports by the U.S. government has sparked ripples in major oil markets, as it has the potential to drastically change the flow of crude around the globe. The easing move was reported in

    July 17, 2014 12:00 am 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
  • Iraq's northern conflict casts pall over economic reconstruction

    DUBAI, United Arab Emirates -- Fierce battles continue to rage between Iraqi forces and the Islamic State militia in northern Iraq. As the conflict has yet to spill over into the country's south, where a number of large oil fields are concentrated,

    July 11, 2014 07:00 pm JST
  • China puts its foreign aid at over $14 billion for 2010-2012

    BEIJING -- The Chinese government on Thursday released a white paper on foreign aid that says it appropriated 89.34 billion yuan ($14.3 billion) from 2010 to 2012 for foreign assistance. China provided assistance to 121 countries, being especial

    July 11, 2014 02:00 pm JST
  • Capitaland to add two more serviced apartments in Middle East

    SINGAPORE -- Ascott, a serviced apartment operator owned by Singapore's property giant Capitaland, announced that it will open two more properties in Saudi Arabian city of Jeddah. Ascott is aggressively expanding in the Middle East, where demand for

    July 10, 2014 06:00 pm JST
  • Nick Garcia: Rhino horns and global security

    Looking for a secondhand AK-47 and ammunition? Bring about $500 to the black market in northern Thailand. Short of cash? Try selling some rhinoceros horn. An easily pocketable 500-gram chunk could buy up to 90 of the automatic rifles and a few c

    July 10, 2014 12:00 am JST
  • Middle East, Asia airports jockeying for status of global hub

    DUBAI -- Airports in the Middle East and Asia are increasing their presence, adding growing numbers of international passengers and building massive facilities. It is all part of a major shift of the world's travel gateways, from the West to the Eas

    July 10, 2014 12:00 am JST
  • Emirates' perpetually fresh fleet puts heat on rivals

    NEW YORK -- Emirates has been shaking up the global airline industry. In just five years, the cash-rich carrier has doubled its international annual passenger count, to 44.5 million. One of the keys to its swift ascent: ambitious fleet renewals that

    July 10, 2014 12:00 am JST
  • China rocks boat with push for infrastructure bank

    BEIJING -- While the U.S. and China will try to highlight their economic cooperation at high-level talks here this week, their increasingly intense contest for hegemony over Asia's seas lurks just below the surface. A Chinese effort to create a

    July 8, 2014 04:10 am JST
  • Mitsubishi taking stake in Mideast water company

    TOKYO -- Mitsubishi Corp. and Mitsubishi Heavy Industries will join forces with the Japan Bank for International Cooperation to buy into Middle Eastern water management service provider Metito, aiming to build on its strong position in emerging mark

    July 8, 2014 02:00 am JST
  • US crude oil exports could spark change in global oil market

    TOKYO -- The recent partial lifting of a ban on crude oil exports by the U.S. government has sparked ripples in major oil markets, as it has the potential to drastically change the flow of crude oil around the globe. The partial removal of the e

    July 4, 2014 07:00 pm JST
  • The drive of Filipino migrants is a big part of the country's recent success

    MANILA -- Glenn Escalera, a 32-year-old Filipino engineer, recalls standing on the deck of a massive freighter, sailing under a pitch-dark sky off the coast of Somalia in the Gulf of Aden. As the ship moved through the pirate-infested waters, he tho

    July 3, 2014 12:00 am JST
  • Myanmar telecom bonanza spurs delight, dread

    YANGON -- From remote mountain villages to ramshackle country towns, wireless towers are rising rapidly across Myanmar as the country's new mobile telecommunications system takes shape. But just off bustling Banyar Dala Street in central Yangon, Ma

    July 3, 2014 12:00 am JST
  • What Asia's love of rhino horn means for global security

    If you ever want to buy a secondhand AK-47 and ammunition, it will set you back about $500 on the black market in northern Thailand. Short of cash? Try selling some rhinoceros horn. Just a 500-gram chunk of rhino horn, easily carried in a trouse

    July 2, 2014 01:00 pm JST
  • Tech ventures flourishing in Israel

    TOKYO -- The eyes of the tech world on venture companies in Israel. Even the U.S titan Google and Japanese online retail giant Rakuten are paying attention to the venture boom taking place in the country. The amount of funds raised by start-ups

    July 2, 2014 01:00 pm JST