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  • China's strategic stockpiling sways global copper market

    TOKYO -- China's veiled yet substantial moves on the copper market are making it difficult for watchers to read the direction of prices. In early October, copper was trading around the $6,600 level per ton on the London Metal Exchange, about a f

    October 24, 2014 07:00 pm JST
  • SAP setting up new base for innovation in Singapore

    SINGAPORE -- German software giant SAP announced Friday that it will open a new research-and-development center in Singapore. Through partnerships with client companies as well as universities, the SAP Innovation Center will pursue products and

    October 24, 2014 06:51 pm JST
  • When Bridgewater's Dalio speaks, people listen

    NEW YORK -- Ray Dalio, founder of Bridgewater Associates, the world's largest hedge fund, was born in the working-class borough of Queens, New York. His father was a saxophone player and his mother was a full-time homemaker. Now the superstar invest

    October 24, 2014 01:00 pm JST
  • Ray Dalio: US 'beautifully' deleverages but most places need more easing

    NEW YORK -- Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, guided his company through the Great Recession as many got burned. How did he do it? Last year, he released an animated video, "How the Economic Machine Works,

    October 24, 2014 01:00 pm JST
  • Famed US investor creates cartoon to explain economy

    NEW YORK -- Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, has made a cartoon that explains how the economy functions. In the YouTube video "How the Economic Machine Works," the American businessman analyzes three

    October 24, 2014 01:00 pm JST
  • EU leaders agree on deal to cut emissions, expand renewable energy

    BRUSSELS (Kyodo) -- European Union leaders have agreed to cut their greenhouse gas emissions by 40 percent from 1990 levels by 2030, European Council President Herman Van Rompuy said following the accord at a summit in Brussels on Thursday. The

    October 24, 2014 10:40 am JST
  • Global factors at play in Japan's battle with deflation

    TOKYO -- In its struggle to pull itself out of deflation, Japan faces market-triggered challenges beyond its borders and beyond its control. Recent developments in the U.S. and China, in particular, have the potential to drastically affect the count

    October 23, 2014 07:00 pm JST
  • Asia a bright spot in Japan's dim export picture

    TOKYO -- Japan's government and central bank are counting on export growth to help the economy overcome April's domestic-demand-dampening consumption tax hike. The latest figures show that despite a weak yen, overall shipments remain sluggish, thoug

    October 23, 2014 07:00 pm JST
  • Audi, Mercedes close in on BMW in luxury-car wars

    FRANKFURT, Germany -- BMW's global lead in premium vehicles is eroding amid robust demand for all of the top three marques. BMW's sales rose 9% on the year to 1.32 million vehicles for the January-September period as second-ranked Audi reported

    October 23, 2014 04:38 am JST
  • Stephen Grenville: Infrastructure spending fuels 'free lunch' debate

    The International Monetary Fund has joined growing calls from economists and international organizations for governments to step up infrastructure spending. The general case is compelling and looks set to be a point of unanimous agreement at the Nov

    October 23, 2014 12:00 am JST
  • Jon Liden: Ebola -- Asia's biggest fear is fear itself

    This is the big one. For the three West African countries at the heart of the Ebola crisis -- Guinea, Sierra Leone and Liberia -- the current outbreak of the deadly virus is heading for a catastrophe of unimaginable scale. With infection spreading e

    October 23, 2014 12:00 am JST
  • Recent turbulence a boon for value investors?

    TOKYO -- Financial markets around the globe have been seeing high levels of volatility lately, as jumpy investors scramble to reduce their risk exposure. Fears are becoming more discernible, said Michael Hartnett, a strategist at Bank of America

    October 23, 2014 12:00 am JST
  • Fears of new Europe crisis fueling market jitters: Sumner

    WASHINGTON -- Investor concerns about a possible return of the sovereign debt crisis in the eurozone are a major reason for the recent turbulence in the world's financial markets, according to Scott Sumner. Sumner, an economist who teaches at B

    October 22, 2014 07:00 pm JST
  • Big buyout causes concerns for property search operator Next

    TOKYO -- Japan's Next Co., operator of real estate website Home's, will spend 11 billion yen ($101 million) in November to buy Trovit Search, a Spanish search engine developer. The amount is equivalent to roughly 70% of Next's sales for the fiscal y

    October 21, 2014 07:00 pm JST
  • Ebola: Asia's biggest fear is fear itself

    This is the big one. For the three West African countries at the heart of the Ebola crisis -- Guinea, Sierra Leone and Liberia -- the current outbreak of the deadly virus is heading for a catastrophe of unimaginable scale. With infection spreading e

    October 21, 2014 01:00 pm JST
  • BBC to push global news brand in Southeast Asia

    TOKYO -- BBC Global News, the international news arm of British Broadcasting Corp., will aggressively promote its brand in Southeast Asia and plans to launch a Japanese-language version of its website in 2015, Chief Executive Officer Jim Egan said.

    October 21, 2014 02:35 am JST
  • Abe's cabinet nightmare looms over market

    TOKYO -- Japanese Prime Minister Shinzo Abe's economic program is likely to suffer a setback following the resignations of two Japanese cabinet ministers on Monday. Premiums for credit default swaps, which insure Japanese government bonds agains

    October 20, 2014 07:00 pm JST
  • Bad week for Japanese stocks ends amid jitters over tax hike

    TOKYO -- A 205-point drop Friday ended a short but painful week for Japanese equities, with the Nikkei Stock Average losing 5% in four sessions. The 768-point retreat made it the third-worst week this year for Japan's benchmark stock index.

    October 18, 2014 05:24 am JST
  • US, Japan muster new aid for Ebola fight

    WASHINGTON -- President Barack Obama is ready to appoint an official to oversee the response to a potential outbreak of Ebola fever in the U.S., while Japan began weighing additional support for fighting the disease. American anxiety about Ebola

    October 18, 2014 02:11 am JST
  • IndiGo gives Airbus green light for record 250 aircraft

    NEW DELHI -- Indian budget airline IndiGo has signed a record memorandum of understanding with Airbus for 250 single-aisle A320s - the largest number of aircraft ever ordered from the manufacturer. The deal adds to orders previously placed by In

    October 17, 2014 11:15 pm JST