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  • Ebola impacting resource development

    FRANKFURT, Germany -- The Ebola outbreak in West Africa has forced resource developers to delay projects in the region, raising concerns that economic growth in the area could be depressed. ArcelorMittal, the world's largest steelmaker, began pr

    August 21, 2014 12:00 am JST
  • Echoes of SARS in market analysts' Ebola reports

    TOKYO -- The outbreak of the deadly Ebola virus in West Africa is emerging as a possible trigger for risk aversion among investors. Brokerages are issuing reports on how the hemorrhagic fever could affect the financial markets. Depending on how the

    August 21, 2014 12:00 am JST
  • Ebola impacting resource development in Africa

    FRANKFURT, Germany -- The Ebola outbreak in West Africa has forced resource developers to delay projects in the region, raising concerns that economic growth in the area could be depressed if the epidemic drags on. ArcelorMittal, the world's lar

    August 15, 2014 04:53 am JST
  • Echoes of SARS in market analysts' reports on Ebola

    TOKYO -- The outbreak of the deadly Ebola virus in West Africa is emerging as a possible trigger for risk aversion among investors. Brokerages are issuing reports on how the hemorrhagic fever could affect the financial markets. Depending on how the

    August 14, 2014 05:00 pm JST
  • WHO approves experimental treatments to combat Ebola

    GENEVA/WASHINGTON -- With the outbreak of Ebola in West Africa spinning out of control, the World Health Organization on Tuesday endorsed the use of untested drugs to curb the epidemic. The highly unusual step by the world health body reflects t

    August 13, 2014 02:58 am JST
  • NTT to buy Australia's Oakton for $160M, boost cloud services

    TOKYO -- Major Japanese telecommunications provider NTT is set to buy an Australian consulting and technology company through its South African subsidiary, as it looks to strengthen its cloud computing business overseas. Nippon Telegraph and Tel

    August 12, 2014 02:00 pm JST
  • Ebola outbreak deaths in West Africa top 1,000: WHO

    NAIROBI (Kyodo) -- The death toll from the Ebola virus outbreak in West Africa has reached 1,013 as of Friday, according to the World Health Organization's latest update. The dead are among 1,848 confirmed or suspected cases of infection with Eb

    August 12, 2014 12:15 pm JST
  • Spreading Ebola epidemic has widening economic ramifications

    GENEVA -- The World Health Organization declared Friday that the Ebola epidemic is an international health emergency. Although the outbreak is concentrated in West Africa, a case of Ebola infection has been confirmed in the Middle East. Given th

    August 9, 2014 04:08 am JST
  • WHO declares Ebola outbreak int'l public health emergency

    GENEVA (Kyodo) -- The World Health Organization declared Friday the Ebola virus outbreak in West Africa a public health emergency of international concern. "This is the largest, most severe outbreak in the nearly four decades' history of the dis

    August 9, 2014 12:16 am JST
  • Tokyo-Mitsubishi UFJ ties up with South African bank

    LONDON -- The Bank of Tokyo-Mitsubishi UFJ is tying up with FirstRand Bank of South Africa to capitalize on FirstRand's customer base and to expand lending opportunities in the African country and other growth markets in Sub-Saharan Africa. This

    August 8, 2014 02:00 pm JST
  • US offers new military, economic support to Africa

    WASHINGTON -- The U.S. pledged $110 million a year in military support and $33 billion in new investments for Africa at a multilateral summit on Wednesday, seeking to counterbalance China's influence in the region. The series of associated meeti

    August 8, 2014 04:35 am JST
  • GM entering the fray in Southeast Asia, India

    BANGKOK/SINGAPORE/SHANGHAI -- General Motors shifted its international headquarters from Shanghai to Singapore on Tuesday, taking a step toward challenging Japanese dominance in Southeast Asia and South Asia. Now that the company has bounced bac

    August 6, 2014 03:17 am JST
  • Frank-Jurgen Richter: Infrastructure -- the invisible hand in full view

    We all use the infrastructure around us without usually noticing it, just as we ignore our skeleton unless we suffer a strain. Recently in Asia, I have read calls for greater support for local industries to mimic the German Mittelstand model of rely

    August 4, 2014 01:00 pm JST
  • Abe, Xi crisscross globe in race for emerging-market deals

    TOKYO -- Japan's Shinzo Abe has set foot on every continent save Antarctica since returning to the prime minister's office, most recently South America. All this economic diplomacy is meant to keep pace with China. Chinese President Xi Jinping s

    August 2, 2014 01:49 am JST
  • Japan to aid Mozambique in natural gas development

    TOKYO -- Japan and Mozambique are expected to agree Thursday on a comprehensive package of assistance aimed at helping the sub-Saharan African nation develop its natural gas fields, some of the world's largest. Japan's trade ministry will offer

    July 31, 2014 05:26 am JST
  • Hunt for yield heats up: subprime loans, anyone?

    TOKYO -- With long-term interest rates at historic lows in much of the rich world, investors are reaching eagerly for exotic sovereign bonds and even repackaged loans to questionable borrowers. Monetary policy in the U.S., Europe and Japan has s

    July 29, 2014 04:18 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
  • NTT pivoting to cloud computing overseas

    TOKYO -- Nippon Telegraph and Telephone is working to make cloud computing the core of its information technology business outside Japan, selling off a subsidiary handling equipment sales while building up data center infrastructure and personnel.

    July 23, 2014 04:33 am JST
  • Japanese officer in line to lead piracy task force

    TOKYO -- An officer from Japan's Self-Defense Forces will assume command of the multinational naval task force fighting pirates off the coast of Somalia around May of next year. Command of the task force rotates among participating countries eve

    July 22, 2014 01:37 am JST
  • Frederic Neumann: Developing Asia eyes boom in south-south funding sources

    The world's changing, again. For years, developing countries -- or, in today's parlance, "emerging and frontier markets" -- received the bulk of their external funding from multilateral agencies, such as the World Bank and the Asian Development Bank

    July 21, 2014 07:00 pm JST