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  • 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
  • Abe greets Chinese Premier Li at Asia-Europe summit

    MILAN (Kyodo) -- Japanese Prime Minister Shinzo Abe exchanged greetings with Chinese Premier Li Keqiang on Thursday during a gathering of Asian and European leaders, a senior government official said Friday. Abe and Li, the second-highest rankin

    October 17, 2014 08:36 pm JST
  • Daniel Twining: Upending the new global order

    The world has a new G-7. The Group of Seven once comprised the world's leading industrialized economies -- in North America, Europe and Japan. Now, the International Monetary Fund calculates that the combined gross domestic product of the seven bigg

    October 17, 2014 07:00 pm JST
  • 1,300 new jobs at Volvo factory in Sweden

    FRANKFURT -- Volvo Cars, which is owned by Chinese carmaker Geely, is employing 1,300 new workers at its Gothenburg factory in Sweden. The workers will make a new sport utility vehicle, XC90. Production is expected to start early next year.

    October 17, 2014 01:30 pm JST
  • No consensus on what lies ahead for nervous markets

    TOKYO -- Global investors seem torn between confidence that equities are simply undergoing a correction and despair at the prospect of the end of an easy-money-fueled bull run. The Dow Jones Industrial Average tumbled more than 200 points early

    October 17, 2014 05:14 am JST
  • Sanyo Shokai-Burberry breakup to spark battle over retail spaces

    TOKYO -- The looming end of a 40-year partnership between Sanyo Shokai and British fashion house Burberry next June is jolting the apparel industry here, with the prime retail space that Burberry products now occupy in department stores across the n

    October 17, 2014 03:27 am JST
  • Markets seized by panic attacks as transition looms

    TOKYO -- Unable to fathom investing without the Federal Reserve's monetary stimulus and aware that the global economy is dependent on U.S. growth, financial markets are on edge. Every bit of bad news, from weak economic indicators to the spread of E

    October 17, 2014 03:07 am JST
  • Insecurity hangs over Thai generals as they take world stage

    As he boarded the plane from Bangkok to Milan Oct. 14 for the 10th annual Asia-Europe Meeting (ASEM), Thailand's new Prime Minister Prayuth Chan-ocha was no doubt feeling optimistic about his government's prospects. The visit to Italy highlights the

    October 16, 2014 01:00 pm JST
  • Japanese carmakers adding foreign-built models to domestic lineups

    TOKYO -- Japanese automakers are moving to bring models they build abroad to their home market amid the weakening of the yen, a sign that these companies are steadily establishing global production systems immune to exchange rate fluctuations. In

    October 16, 2014 03:25 am JST
  • ASEM's 10th summit most important yet

    Asia matters -- for Europe. And Europe matters -- for Asia. That is why the Asia-Europe Meeting (ASEM) was created in 1996. That is why it has become the key forum for dialogue and cooperation between Europe and Asia. And that is why on Oct. 16 and

    October 15, 2014 06:40 pm JST
  • Asia-Europe summit will seek peaceful ends to thorny conflicts

    BRUSSELS -- European and Asian leaders are expected to agree on the need to bring international conflicts to peaceful ends under international law when they meet for a summit here this week. The biennial meeting, known as the ASEM summit, will t

    October 15, 2014 05:11 am JST
  • Mumbai and London tighten financial links

    NEW DELHI -- India and the U.K . have launched a partnership to strengthen links between their financial service industries and improve business interaction between Mumbai and London, two of the world's key commercial hubs. The U.K.-India Financ

    October 14, 2014 10:14 pm JST
  • Stephen Grenville: Infrastructure spending fuels 'free lunch' debate

    The International Monetary Fund has joined a growing call 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 No

    October 14, 2014 07:00 pm JST
  • Thailand's coup leader works to win over EU's diplomats

    BRUSSELS -- Thailand's military leaders may have swapped their army fatigues for silk suits after their May 22 coup, but at least in Europe, some governments have indicated that the newly established class of civilian-styled generals is not fooling

    October 14, 2014 07:00 pm JST