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  • Countering Chinese clout

    Japan to offer first yen loan to Angola

    TOKYO -- The Japanese government will offer its first yen loan to Angola in a bid to help investments by Japanese businesses and counter China's growing clout in Africa, sources told The Nikkei on Friday. Tokyo will provide financial assistance

    March 27, 2015 02:00 pm JST
  • Encouraging investment

    Japan to help African nations streamline customs procedures

    TOKYO -- The Japanese government will assist developing countries in creating more efficient customs authorities, which should slash distribution times and costs and help Japanese companies expand in these markets. Japan will first dispatch cust

    March 19, 2015 02:00 am JST
  • Lupin deal

    Indian drugmaker taking reins of South Africa's Pharma Dynamics

    MUMBAI -- Lupin, an Indian producer of generic drugs, said it will make South Africa's Pharma Dynamics a wholly owned subsidiary. Lupin in 2008 acquired a 60% stake in Pharma Dynamics. The Indian company has struck a deal with the South African

    March 17, 2015 07:42 pm JST
  • Indonesia travel

    Tourist visas for 30 countries waived to boost foreign exchange

    JAKARTA -- Indonesia's government will waive visa requirements for 30 countries including China, Japan, South Korea, the U.S. as well as countries in Europe, the Middle East and Africa in the hope of attracting more tourists. Minister for Touris

    March 17, 2015 11:40 am JST
  • Bracing for capital flight

    Slide in emerging markets' currencies gains momentum

    LONDON/JAKARTA -- As low crude oil prices improve economic conditions, emerging markets are loosening their tight monetary stances and seemingly tolerating some currency depreciation to boost exports. The Brazilian real has weakened by 17% again

    March 14, 2015 06:28 am JST
  • Crude in flux

    Sweeping changes in global oil trade

    TOKYO -- The shale oil revolution in the U.S. has shifted the currents of the global oil trade in major ways. The U.S. is still the top importer of crude oil, but daily imports are nearly 30% below what they were a decade ago. During that same t

    March 11, 2015 03:03 am JST
  • Opportunities in Africa

    Indian companies eye enormous growth potential

    MUMBAI -- Indian companies are ramping up investments in Africa, eyeing growth opportunities and solidifying their footholds on the continent. Indian consumer products maker Godrej Consumer Products recently announced that it had raised its sta

    March 7, 2015 01:00 pm JST
  • Unsafe haven

    Russia's rating gets worse in R&I's country risk poll

    TOKYO -- The risk of investing in Russia has risen sharply, according to a report by Rating and Investment Information, a Japanese credit rating agency. A plunge in the value of the ruble and the toll of Western sanctions imposed on Russia in re

    March 5, 2015 06:20 am JST
  • Carmen M. Reinhart

    Are negative real interest rates the 'new normal'?

    Some questions can only be answered by examining the broad sweep of history. Over the past 150 years, "world" real interest rates have ventured into negative territory (yielding less than the rate of inflation) on a sustained basis on only four occa

    March 5, 2015 12:00 am JST
  • Carmen M. Reinhart: Are negative real interest rates the 'new normal'?

    Some questions can only be answered by examining the broad sweep of history. Over the past 150 years, "world" real interest rates have ventured into negative territory (yielding less than the rate of inflation) on a sustained basis on only four occa

    March 5, 2015 12:00 am JST
  • Thai Airways

    New chief struggles to refresh national carrier

    BANGKOK -- Thai Airways International's recruitment of the former chief of the country's stock exchange in an attempt to breathe new life into its ailing business has not convinced the market that the carrier is on the path to recovery. The airl

    March 2, 2015 07:00 pm JST
  • Godrej in Africa

    Indian group lifts stakes in hair care units

    MUMBAI -- Godrej Consumer Products, an Indian household and personal care goods company, is beefing up investment in Africa. The company said it raised its stakes in the South African and Mozambican subsidiaries of Darling Group Holdings -- a So

    February 26, 2015 07:00 pm JST
  • Expanding in Africa

    Tokio Marine & Nichido to tie up with South Africa's Hollard

    TOKYO -- Tokio Marine & Nichido Fire Insurance will enter a partnership with South Africa's Hollard Insurance Group to gain a foothold in the relatively untouched African market. Established in 1980, the Hollard group offers life and nonlife ins

    February 25, 2015 02:57 am JST
  • Fallout from China's economic slump

    Copper, nickel prices down 10% in 2015

    TOKYO -- International prices for copper and nickel are down 10% or so since the start of the year and remain sluggish due largely to a prolonged slowdown in growth of Chinese demand, which accounts for 40% of global demand. Copper is currently

    February 24, 2015 04:15 am JST
  • Drug-resistant malaria

    Experts warn of disease's deadly spread in Asia

    As virulent, drug-resistant strains of malaria spread in Asia, governments in the Asia-Pacific region must redouble their efforts to eradicate the disease, amid the growing risk that these new forms will spread to South Asia, China and Africa, accor

    February 20, 2015 01:00 pm JST
  • Growth market seen

    Japan to offer yen loans for east African logistics hub

    TOKYO -- The Japanese government will lend more than 100 billion yen ($833 million) to developers of a logistics hub in east Africa to help Japanese companies move into the area, sources told The Nikkei. Tokyo in 2015 will provide yen loans of r

    February 15, 2015 02:00 am JST
  • Satoshi Ikeuchi

    Spread of radical Islamic ideology cannot be stopped by force

    The question of how to understand the Muslim world is taking on greater importance at the national, social and individual levels. The terrorist attack on the French newspaper Charlie Hebdo, the rise of Islamic State in Iraq and Syria, and the milita

    February 5, 2015 12:00 am JST
  • Satoshi Ikeuchi: Spread of radical Islamic ideology cannot be stopped by force

    The question of how to understand the Muslim world is taking on greater importance at the national, social and individual levels. The terrorist attack on the French newspaper Charlie Hebdo, the rise of Islamic State in Iraq and Syria, and the milita

    February 5, 2015 12:00 am JST
  • Passage to Africa

    Japanese automakers using India as export base

    NEW DELHI -- Japanese automakers are now actively exporting vehicles from their Indian factories to the African market. The plants are closer to Africa than their Japanese and Southeast Asian factories. The low-priced and small cars that are the

    January 28, 2015 06:26 am JST
  • Indian Ocean trade swells

    Indonesia becomes a base for reaching markets around the rim

    JAKARTA/DALIAN, China/MUMBAI -- An economic transformation is gathering pace around the Indian Ocean. Countries that encircle it are increasingly doing business with one another, creating what could soon become a new locus of global growth. And Indo

    January 23, 2015 07:00 pm JST