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  • Kemal Dervis

    The Limits of Economic Optimism

    WASHINGTON, DC -- As the annual spring meetings of the World Bank and the International Monetary Fund commence, the world's economic future appears brighter than it has in some time. The international financial institutions, not to mention many priv

    April 24, 2017 04:30 pm JST
  • Chinese, Americans, French venture farther distances in Japan

    TOKYO -- East Japan Railway and NTT Data jointly conducted a survey on how foreign travelers to Japan move around while they are in the country. The companies hope data gleaned from the survey will be used to rejuvenate small towns across Japan. The

    April 24, 2017 03:40 pm JST
  • Humphrey Hawksley

    UK election could accelerate unravelling of EU

    France has become the latest European country to propel a far-right politician to within reach of leadership after the weekend victory of anti-European and anti-Immigration Marine Le Pen in the first round of the French presidential election. Le Pen

    April 24, 2017 02:25 pm JST
  • French election buoys L'Occitane, other Europe-linked stocks

    HONG KONG -- French cosmetics maker L'Occitane International and other Europe-reliant companies saw their shares rise in Hong Kong on Monday, after the first round of France's presidential election helped dispel concerns about Continental business c

    April 24, 2017 01:30 pm JST
  • Philip Gordon

    France's stage is set for final vote with consequences for the world

    This time at least, the pollsters got it right. Whatever the final tallies, the first round of France's presidential election on April 23 confirmed what the polls had indicated for weeks -- that Emmanuel Macron and Marine Le Pen would emerge from a

    April 24, 2017 11:50 am JST
  • Euro jumps, shares rally on French election relief

    SYDNEY (Reuters) -- The euro vaulted to five-month peaks in choppy Asian trading on Monday after the market's favoured candidate won through the first round of the French election, reducing the risk of a Brexit-like shock and sparking a mass unwindi

    April 24, 2017 09:30 am JST
  • France's next leader: centrist Macron vs. far-right Le Pen

    PARIS (AP) -- Centrist Emmanuel Macron and far-right populist Marine Le Pen advanced Sunday to a runoff in France's presidential election, remaking the country's political landscape and setting up a showdown over its participation in the European Un

    April 24, 2017 07:30 am JST
  • Euro jumps 2 percent as Macron-Le Pen set to contest French runoff

    The euro jumped to its highest since mid-November in early trading on Sunday, after early projections indicated that centrist Emmanuel Macron and far-right Marine Le Pen had made it to the second round of the French presidential election.Markets had

    April 24, 2017 04:50 am JST
  • France's Macron appears set for Elysee in runoff with Le Pen

    PARIS (Reuters) -- Centrist Emmanuel Macron and far-right leader Marine Le Pen are set to face each other in a May 7 runoff for the French presidency after coming first and second in Sunday's first round of voting, according to multiple projections.

    April 24, 2017 04:44 am JST
  • Mitsubishi Heavy doubling down on Areva with fresh investment

    TOKYO -- Mitsubishi Heavy Industries has reached a broad agreement to purchase about 15% of French nuclear energy giant Areva's reactor unit, venturing deeper into a business with uncertain prospects that has sent others pulling out.The Japanese eng

    April 24, 2017 04:10 am JST
  • Projections say Macron, Le Pen go through to runoff in French vote

    PARIS (Reuters) -- Centrist Emmanuel Macron and far-right leader Marine Le Pen are set to face each other in a May 7 runoff for the French presidency after coming first and second in Sunday's first round of voting, early projections indicated.In a r

    April 24, 2017 03:06 am JST
  • France votes in cliffhanger presidential election

    PARIS (Reuters) -- Voting began in France on Sunday in the first round of a bitterly fought presidential election that is crucial to the future of Europe and a closely-watched test of voters' anger with the political establishment.Nearly 47 million

    April 23, 2017 06:06 pm JST
  • Asia's venture capital firms learn Silicon Valley tricks

    BANGKOK -- On March 10, at the SXSW event in Austin, Texas, in the U.S., self-driving electric car maker NIO revealed plans to make a near-fully autonomous electric car commercially available in the U.S. by 2020, aiming at becoming one of the first

    April 23, 2017 12:00 pm JST
  • Thomas Mayer

    The exchange rate manipulator

    While U.S. President Donald Trump seems to have made his peace on trade issues with China, Peter Navarro, his chief adviser in trade matters, has zeroed in on Germany. The Germans use the weak euro to exploit their trading partners, he said. Mr. Nav

    April 23, 2017 07:00 am JST
  • 2017 Shanghai motor show cuts a more modest figure

    SHANGHAI -- The 17th Shanghai International Automobile Industry Exhibition kicked off on April 19, with more than 1,000 automakers and other industry players showcasing their latest products.This year's event, the world's largest auto show, strikes

    April 22, 2017 07:00 pm JST
  • G-20 finance chiefs fret over protectionism, seek inclusive growth

    WASHINGTON (Kyodo) -- Financial chiefs from the Group of 20 major economies on Friday voiced concern over protectionism and agreed to work together in seeking more sustainable and inclusive growth amid geopolitical risks. After two days of talks in

    April 22, 2017 02:58 pm JST
  • Indian elevator market ascending quickly

    TOKYO -- The Indian elevator market is growing fast as the government pushes to increase the supply of apartments for the rising middle class. To capture the robust demand in the world's second most populous country, domestic and foreign elevator co

    April 22, 2017 02:00 pm JST
  • Corporate Japan's acquisition costs hit 11-year high

    TOKYO -- Acquisitions ended up costing Japanese companies more in fiscal 2016 than at any other time in the past decade, with rising stock prices and intense bidding wars giving targets' valuations a boost.Including the price of acquired shares and

    April 22, 2017 01:00 pm JST
  • Mitsubishi Heavy to deliver last of ill-fated cruise ships early

    TOKYO -- Mitsubishi Heavy Industries will move up the delivery of the last of a pair of large cruise ships that have caused huge losses.Germany's Aida Cruises, part of cruise giant Carnival, intends to place the ship into service in late June. The d

    April 22, 2017 06:30 am JST
  • Fujitsu shifts gears toward network management technology

    TOKYO -- Japanese tech giant Fujitsu will triple its spending on research and development for network management technology to 15 billion yen ($137 million) over three years.Fujitsu is developing a system that can flexibly manage companies' networks

    April 22, 2017 03:59 am JST