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  • Europe's Telia finds it hard to say goodbye to Asia

    ALMATY, Kazakhstan -- Stung by a corruption scandal over its investment in Uzbekistan, Scandinavian telecommunications company Telia declared in September 2015 that it would make a quick exit from the remainder of its once far-flung investments in A

    June 21, 2017 08:47 pm JST
  • China's stainless steel glut a new headwind for nickel

    TOKYO -- International nickel prices have remained soft in recent months, with the price of the metal for three-month delivery on the London Metal Exchange down 20% to around $8,900 per ton from its most recent high reached in late February.Although

    June 21, 2017 07:29 pm JST
  • Stocks shine worldwide following Fed rate hike

    TOKYO -- Stock indexes around the globe touched record highs in recent days as U.S. interest rates remain low despite a Fed hike as investors come to expect both low rates and economic expansion worldwide.Cash is also flowing into bond markets in se

    June 21, 2017 07:23 am JST
  • Belgian troops shoot person at Brussels station after blast: police

    BRUSSELS (Reuters) -- Belgian troops patrolling Brussels Central Station "neutralised" a person after a small explosion on Tuesday, a police spokesman said, adding that there were no other casualties and the situation was under control.He could not

    June 21, 2017 05:00 am JST
  • Mitsubishi Regional Jet unveiling subdued as interest flags

    LE BOURGET, France -- Japan's first home-grown jetliner faces murky skies even before takeoff, as repeated development and delivery delays have pushed potential buyers toward increasingly attractive alternatives.Mitsubishi Aircraft, developer of the

    June 20, 2017 04:06 am JST
  • EU weighs scrapping Japanese tea, sake duties

    TOKYO -- Japan and the European Union are reportedly discussing ending EU duties on Japanese green tea and sake as part of an economic partnership agreement, a step likely to boost the agricultural exports that form a central part of Tokyo's growth

    June 20, 2017 12:14 am JST
  • Greece blocks EU statement on China human rights at U.N.

    BRUSSELS/ATHENS (Reuters) -- Greece has blocked a European Union statement at the United Nations criticizing China's human rights record, a decision EU diplomats said undermined efforts to confront Beijing's crackdown on activists and dissidents.The

    June 19, 2017 02:06 pm JST
  • Japan's five steps to a 5G world

    TOKYO -- Japan's mobile carriers are gearing up for the global shift to fifth-generation wireless communications.The new technology offers a chance for Japan to re-emerge as a key player in the industry. For this to happen, Japanese companies will h

    June 18, 2017 07:51 pm JST
  • Brendan Sobie

    Mongolia must open up to avoid aviation embarrassment

    Mongolia is to get a new international airport next year. The $580 million project, overseen by the Japan International Cooperation Agency, is a large investment for a country of only 3.1 million people and a gross domestic product of just $12 billi

    June 18, 2017 12:00 pm JST
  • Paul Mortimer-Lee

    Why the ECB and other central banks are being so cautious

    The recent ECB meeting was very dovish despite great growth. Why are the ECB and other central banks, currently so cautious? They say you can have too much of a good thing -- is that true with the current degree of accommodation?There are a number o

    June 18, 2017 07:00 am JST
  • European foods may become cheaper in Japan

    TOKYO -- Japanese consumers one day could find themselves paying less for pasta, chocolate and cookies from Europe.Japanese negotiators taking part in talks for the Japan-EU Economic Partnership Agreement, which are expected to conclude soon, are co

    June 18, 2017 02:02 am JST
  • Horiba to support development of self-driving vehicles

    KYOTO, Japan -- Horiba is broadening its services to automakers to include support for the development of self-driving vehicles.The Japanese manufacturer of precision instruments for measurement and analysis intends to offer test-driving services to

    June 17, 2017 04:52 am JST
  • Helmut Kohl, father of German reunification, dies at 87

    BERLIN (Reuters) -- Former Chancellor Helmut Kohl, the architect of Germany's 1990 reunification and mentor to Angela Merkel, has died at age 87, his Christian Democratic Union party (CDU) said on Friday.The mass-selling newspaper Bild reported that

    June 17, 2017 02:38 am JST
  • Brahma Chellaney

    'Homegrown' power plan will boost Indian nuclear industry

    The Indian government recently approved the construction of 10 commercial nuclear power reactors of indigenous design, initiating the largest building program in the world since the 2011 Fukushima nuclear disaster in Japan. The global nuclear power

    June 16, 2017 09:00 am JST
  • Greece gets credit lifeline, IMF joins bailout

    LUXEMBOURG (Reuters) -- Euro zone governments threw Greece another 11th-hour credit lifeline on Thursday worth $9.5 billion and sketched new detail on possible debt relief as the IMF finally offered to help out after two years of hesitation.The 8.5

    June 16, 2017 08:53 am JST
  • Eurogroup deal on Greece gives positive market signal-Greek Finance Minister

    LUXEMBOURG (Reuters) -- Greece said on Thursday a deal ending months of an impasse on its bailout programme offered markets greater clarity on future debt reprofiling for the indebted country and ease its return to debt markets.Finance Minister Eucl

    June 16, 2017 08:51 am JST
  • UN launches second round of nuclear ban talks

    UNITED NATIONS -- Delegates from more than 80 countries kicked off a second and possibly final round of negotiations Thursday on an international treaty to ban nuclear weapons, seeking to adopt a final text by the July 7 end of the conference."As we

    June 16, 2017 05:30 am JST
  • BP, Reliance aim to reign upstream and downstream in India

    MUMBAI -- Reliance Industries and British oil major BP are broadening their partnership to keep up with India's unquenchable thirst for fuel.The companies on Thursday said they will invest a total of $6 billion to develop a trio of projects over the

    June 16, 2017 01:47 am JST
  • AIIB future rests on shedding Beijing influence

    TOKYO -- The China-led Asian Infrastructure Investment Bank will hold its second annual general meeting between June 16-18 on South Korea's Jeju Island. The bank, which has stuck to careful driving in its first year, looks ready to gain speed in yea

    June 15, 2017 02:19 pm JST
  • Humphrey Hawksley: British election sows fresh doubt for Asian investors

    After a historic miscalculation by Prime Minister Theresa May, Britain's general election has ended inconclusively, with no single party winning enough seats to form a majority government. The final outcome will only be known in coming weeks, but al

    June 15, 2017 10:00 am JST