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  • Frederic Neumann

    Asian markets, beware Fed actions

    There is an eerie air of calm in Asian markets. After years of easy money, much of which found its way into Asia, the U.S. Federal Reserve is finally applying the brakes. Investors seem to be cheering the prospects of higher dollar interest rates. F

    March 21, 2017 04:30 pm JST
  • South Korea, U.S. nuclear envoys to meet Wed. over North Korean threat

    SEOUL (Kyodo) -- South Korea's and the United States' top nuclear envoys will meet Wednesday in Seoul to discuss a joint response to North Korea's development of nuclear weapons and ballistic missiles, South Korea's Foreign Ministry spokesman said T

    March 21, 2017 03:53 pm JST
  • Paul Donovan

    China's exports do not include inflation

    The price of goods leaving Chinese factories rose 7.8% in the year to February. This acceleration of producer prices has raised fears among some investors that China could meaningfully add to global inflation pressures. This is not likely. The price

    March 21, 2017 03:30 pm JST
  • Asia most represented region on Forbes' list

    NEW YORK/TOKYO -- The number of billionaires across the world topped 2,000 for the first time ever, with the Asia-Pacific region home to more than anywhere else, 720 to be precise, according to Forbes' annual rich list.In the list released on Monday

    March 21, 2017 12:41 pm JST
  • US to ban some airline passengers from carrying larger electronics

    WASHINGTON (Reuters) -- Passengers traveling on certain U.S.-bound foreign airline flights will have to check electronic devices larger than a cell phone once U.S. authorities formalize a new ban in response to an unspecified terrorism threat, U.S.

    March 21, 2017 12:22 pm JST
  • Toshiba must jump through hoops to regain market trust

    TOKYO -- While it was inevitable given Toshiba's financial implosion, recent credit rating downgrades have made the company's fight for survival even more difficult. As new problems at U.S. nuclear unit Westinghouse Electric continue to surface, the

    March 21, 2017 07:20 am JST
  • Wall St drifts lower; investors worry about tax-cut delay

    NEW YORK (Reuters) -- Wall Street drifted lower on Monday as investors worried that President Donald Trump's plan to cut taxes and boost the economy could take longer than previously expected.The U.S. stock market has been on a record-setting spree

    March 21, 2017 06:29 am JST
  • Trump budget sends mixed signals to nuclear industry

    NEW YORK -- Though the U.S. nuclear industry welcomes President Donald Trump's plan to resume work on the country's sole disposal site for spent fuel, proposed cutbacks to research spending worry a sector already fretting about a dimming business pr

    March 21, 2017 03:35 am JST
  • FBI head Comey says no evidence of Trump wiretapping claim

    WASHINGTON (Reuters) -- The head of the FBI said on Monday he had seen no evidence to support a claim by U.S. President Donald Trump that former president Barack Obama had wiretapped his 2016 election campaign.Before FBI Director James Comey began h

    March 21, 2017 01:35 am JST
  • China not to join U.N. talks on treaty to ban nuclear arms

    BEIJING (Kyodo) -- China said Monday it will not participate in U.N. negotiations beginning next week in New York on a treaty outlawing nuclear weapons.China, one of the five major states possessing nuclear arms, sent its officials to a preparatory

    March 20, 2017 08:57 pm JST
  • Vandana Hari

    OPEC keeps US shale guessing on cuts -- but the answer is clear

    Saudi Energy Minister Khalid al-Falih walked in the footsteps of his predecessor, Ali al-Naimi, at a prominent annual oil industry conference in Houston on March 7 to again deliver a warning to investors in the U.S. shale patch, albeit in a milder t

    March 20, 2017 07:00 pm JST
  • North Korea rocket-engine test shows "meaningful" progress - South Korea

    SEOUL (Reuters) -- North Korea's latest rocket-engine test showed "meaningful" progress, South Korea said on Monday, while an analyst said it was a dangerous step towards the North's goal of developing a rocket that could hit the United States.The N

    March 20, 2017 06:46 pm JST
  • Thomas Wright

    Trump takes allies back to 19th century global order

    The administration of U.S. President Donald Trump poses a unique and difficult challenge for Washington's democratic allies because of its "America First" foreign policy and cavalier treatment of leaders around the world.For more than 70 years, the

    March 20, 2017 02:00 pm JST
  • Asia stocks mixed, dollar slips as Fed continues to weigh

    SINGAPORE (Reuters) -- Asian stocks were mixed on Monday in thin trade, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less hawkish-than-expected comments continued

    March 20, 2017 01:07 pm JST
  • Tillerson ends China trip with warm words from President Xi

    BEIJING (Reuters) -- With warm words from Chinese President Xi Jinping on Sunday, U.S. Secretary of State Rex Tillerson ended his first trip to Asia since taking office with an agreement to work together with China on North Korea and putting aside t

    March 19, 2017 03:15 pm JST
  • Boxing in the dark lets shy Tokyoites awaken inner 'b-monsters'

    TOKYO -- A fresh twist on boxing fitness is helping even inhibited Tokyoites get in shape. This 36-year-old reporter recently stopped by a studio in the capital's Aoyama district to throw some punches. Boxing-based exercise is nothing new, but this

    March 19, 2017 03:00 pm JST
  • Tillerson says Trump looks forward to enhancing understanding with China

    BEIJING (Reuters) -- U.S. Secretary of State Rex Tillerson told Chinese President Xi Jinping on Sunday that President Donald Trump looks forward to enhancing understanding with China and the opportunity for a visit in the future.Xi said he was glad

    March 19, 2017 01:00 pm JST
  • Tillerson agrees with China tensions over N. Korea now very high

    BEIJING (Kyodo) -- U.S. Secretary of State Rex Tillerson said Saturday he agreed with China that tensions over North Korea are now very high, although sharp differences remain between Washington and Beijing over how best to rein in an increasingly a

    March 19, 2017 02:04 am JST
  • G-20 finance chiefs drop wording on protectionism, keep currency pledges

    BADEN-BADEN, Germany (Kyodo) -- Financial chiefs of the Group of 20 nations on Saturday dropped the phrase they would "resist all forms of protectionism" from a joint statement released after their two-day meeting in Baden-Baden, Germany. The G-20 r

    March 19, 2017 01:54 am JST
  • Apple CEO Tim Cook calls for more global trade with China

    BEIJING (Reuters) -- Apple Chief Executive Tim Cook expressed support for globalisation and said China should continue to open its economy to foreign firms, while speaking at a forum in Beijing on Saturday."I think it's important that China continue

    March 18, 2017 08:34 pm JST