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  • Knife attack

    US, South Korea scrambling to limit repercussions

    SEOUL/WASHINGTON -- The U.S. and South Korean governments acted quickly to contain possible diplomatic fallout from Thursday's attack on the American ambassador in Seoul, with officials from both countries confirming lockstep cooperation. The tw

    March 6, 2015 05:03 am JST
  • Grim domestic prospects

    Japan's casualty insurers look overseas for growth

    TOKYO -- The dismal outlook for the domestic nonlife insurance market, a result of a shrinking population, drove Sompo Japan Nipponkoa's decision to invest in a French reinsurance behemoth. The Japanese insurer plans to take a 15% interest in Sc

    March 6, 2015 03:43 am JST
  • Opinion & Analysis

    Japan's cyberthreats -- lessons from the US

    Japan is about to enter the brave new world of modern cybersecurity. The threats are coming, ready or not, especially -- but not exclusively -- from China and North Korea. The question is, how ready will Japan be when the next big wave of hackers hi

    March 5, 2015 07:00 pm JST
  • U.S. ambassador to S. Korea injured by knife-wielding assailant

    SEOUL (Kyodo) -- U.S. Ambassador to South Korea Mark Lippert was attacked and injured by a knife-wielding man in downtown Seoul on Thursday morning, but the U.S. State Department said his injuries are not life threatening. The assailant, report

    March 5, 2015 04:00 pm JST
  • U.S. ambassador to S.Korea attacked during speech

    WASHINGTON (Reuters) -- The U.S. State Department said the American ambassador to South Korea, Mark Lippert, was injured in an assault during a breakfast speech in Seoul but that his injuries were not life threatening. "We strongly condemn this

    March 5, 2015 08:55 am JST
  • Google

    Translation service found wanting in Myanmar

    YANGON -- Google kicked off a program on Saturday to improve accuracy in Myanmar of Google Translate, a popular service covering about 90 languages. Google's Love Your Language program was launched in Yangon with a translate-a-thon intended to i

    March 5, 2015 12:15 am JST
  • Divergent monetary policies spell rough ride for yen

    TOKYO -- In the first two months of the year, the yen has traded between 115 and 120 against the dollar. As was the case last year, developments in Japanese and U.S. monetary policies are likely to be key to exchange rates. In 2014, the Japanese

    March 5, 2015 12:00 am JST
  • Higher banana prices highlight risk of crop 'clones'

    TOKYO -- Produce prices are often influenced by the weather, but there is another -- and more serious -- reason behind the recent hike in banana prices. In late January, growers and major Japanese trading companies reached a rough agreement on l

    March 5, 2015 12:00 am JST
  • Kazuo Ueda: Rapid recovery poses its own risks

    News about finance and the economy from all over the world is making headlines: Crude oil prices have been dropping since late last year, global asset prices are in an adjustment phase, the Swiss National Bank scrapped the cap on the Swiss franc's v

    March 5, 2015 12:00 am JST
  • Daniel Ang: Natural gas brings investment opportunities -- if you know where to look

    Natural gas prices have collapsed just as hard as crude oil prices. But because the gas is perpetually in crude's shadow, the investment opportunities it offers are often overlooked. Unlike with crude, trends in natural gas prices and inventory

    March 5, 2015 12:00 am JST
  • Nicholas Spiro: Investors should tread carefully in emerging Asian bonds

    Investor sentiment toward government debt markets in developing economies has been fairly bleak since May 2013. That month, the U.S. Federal Reserve stunned markets by announcing its intention to wind down its asset purchase program. Last year w

    March 5, 2015 12:00 am JST
  • China needs more transparency in applying antitrust rules

    It is worth noting that many of the companies China has recently charged with antitrust violations are foreign. Qualcomm, a major U.S. chip supplier for mobile phones, was fined 6.08 billion yuan ($969 million) by China's National Development and Re

    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
  • Ukraine needs defense aid, foreign minister says

    TOKYO -- Shelling continues in eastern Ukraine despite a cease-fire between pro-Russian separatists and government forces, Foreign Minister Pavlo Klimkin told The Nikkei on March 2. He reiterated his call for international aid to help his country de

    March 5, 2015 12:00 am JST
  • Southeast Asian market key

    Japan defense official becomes pitchman for arms sales

    TOKYO -- Japan's Defense Ministry has up to now had no need for bureaucrats with business sense, but it has a new challenge on its plate: promoting sales of Japanese defense equipment overseas. The change comes nearly a year after the government

    March 4, 2015 07:00 pm JST
  • Down on their luck

    Macau slump stings US casino operators

    NEW YORK -- American casino operators' efforts to diversify their revenue sources have hit a snag in Macau. For years, Wynn Resorts, Las Vegas Sands and MGM Resorts International have been making large investments in the Chinese territory. A ste

    March 4, 2015 07:00 pm JST
  • Sun Pharmaceutical

    Indian company to buy GSK's opiates business in Australia

    MUMBAI -- Major Indian generic drugmaker Sun Pharmaceutical Industries said it will buy British pharmaceutical company GlaxoSmithKline's Australia-based opiates business. Sun Pharma plans to expand its overseas business through an aggressive buyout

    March 4, 2015 04:48 pm JST
  • Slow China sales hit Samsung

    Apple tops again in global smartphone sales

    SILICON VALLEY, Calif. -- Apple overtook South Korea's Samsung Electronics in worldwide smartphone sales in the October-December quarter of last year, climbing to the top spot for the first time in three and a half years. According to U.S. marke

    March 4, 2015 04:40 pm JST
  • Weapons exports

    Japan government, private sector clash over industry development

    TOKYO -- A chasm is growing between the Japanese government and its domestic defense industry. Nearly a year after the Abe administration introduced principles to allow for the export of defense equipment, relaxing a decades-old self-imposed ban on

    March 4, 2015 01:00 pm JST
  • Debate on trade bill at U.S. Congress may be delayed: reports

    WASHINGTON (Kyodo) -- The chief of a U.S. Senate panel handling trade issues suggested Tuesday there would be further delay in debating a bill to grant President Barack Obama fast-track authority to sign trade deals, according to U.S. reports. "

    March 4, 2015 12:52 pm JST