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  • Asian stocks rise as Fed maintains rate hike forecasts

    TOKYO -- Asian stocks broadly rose on Thursday, after the U.S. Federal Reserve maintained its forecasts for additional interest rate hikes through 2018, reducing concerns about a cash outflow from emerging Asian countries.The Nikkei Asia300 Index, w

    March 16, 2017 04:00 pm JST
  • Trump wants Toyota to build new plants in US

    AUSTIN, U.S. -- At a meeting with auto executives in Michigan on Wednesday U.S. President Donald Trump once gain asked Toyota Motor and rival carmakers to build plants in the country.Trump met with the heads of major automakers on a visit to the Mid

    March 16, 2017 02:10 pm JST
  • Hong Kong central bank raises interest rates after Fed move; shares watched

    HONG KONG (Reuters) -- The Hong Kong Monetary Authority on Thursday raised the base rate charged through its overnight discount window by 25 basis points to 1.25 percent.The move from Hong Kong's de facto central bank followed the U.S. Federal Reser

    March 16, 2017 11:28 am JST
  • Park's impeachment leaves South Korea adrift

    SEOUL South Korea's disgraced former President Park Geun-hye is gone. Hundreds of thousands took to the streets of Seoul to celebrate on March 11.The eight-member Constitutional Court ruled unanimously to uphold Park's impeachment on the grounds tha

    March 16, 2017 10:00 am JST
  • Federal judge in Hawaii puts Trump travel ban on hold

    HONOLULU (AP) -- Hours before it was to take effect, President Donald Trump's revised travel ban was put on hold Wednesday by a federal judge in Hawaii who questioned whether the administration was motivated by national security concerns.U.S. Distri

    March 16, 2017 10:00 am JST
  • With North Korea, Trump is showing capacity for careful deliberation

    Amid the sound and fury of President Donald Trump's first weeks in office, the new U.S. administration has been widely castigated for policy dysfunction, an insurgent view of international alliances and trade, and worrying signals about its approach

    March 16, 2017 10:00 am JST
  • Multinationals in Asia: Heineken's future depends on Southeast Asia

    HANOI/GENEVA The world's second-largest brewer, Heineken, is on the offensive in Southeast Asia.The Dutch company plans to expand production capacity more than tenfold at its Vietnamese plant, and has begun operating new plants in other locations li

    March 16, 2017 10:00 am JST
  • George Magnus: Have the US and China averted a trade war? Hardly

    Many Japanese might be reminded of their own thorny trade relations with the U.S. as they watch the current trade dispute between Washington and Beijing. But the tensions between the U.S. and China are in a different league because of their geopolit

    March 16, 2017 10:00 am JST
  • Toyota shows off its new self-driving test vehicle

    SONOMA, U.S. Toyota Motor on March 3 unveiled the latest version of a vehicle developed specifically for the research and development of autonomous driving.The vehicle was shown to the public for the first time at an event held at Sonoma Raceway in

    March 16, 2017 10:00 am JST
  • Women remain a marginalized presence in parliaments: study

    UNITED NATIONS -- Women remain heavily underrepresented in legislatures across the world, with Asia particularly falling behind with a 19.3% representation rate, a new report from the Inter-Parliamentary Union shows.The dearth of female voices among

    March 16, 2017 07:00 am JST
  • Fed raises rates as job gains, firming inflation stoke confidence

    WASHINGTON (Reuters) -- The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank's target.

    March 16, 2017 06:40 am JST
  • Wall St up as Fed raises rates but stays course

    NEW YORK (Reuters) -- U.S. stocks rose sharply on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected.The Fed, which raised its target rate by 25 basis points, or a quarter of a percentage point

    March 16, 2017 06:20 am JST
  • Japan braces for tough trade talks with old US hand

    WASHINGTON -- The man expected to become America's next chief trade negotiator indicated Tuesday that the new U.S. administration will put heavy pressure on Japan to make concessions in agriculture imports on the way toward a bilateral free trade ag

    March 16, 2017 05:55 am JST
  • Fed ratchets up rates, eyes 2 more hikes this year

    WASHINGTON -- The U.S. Federal Reserve raised interest rates for the first time in three months Wednesday and maintained its forecast of two more increases in 2017, continuing a shift toward tightening as inflation picks up.The central bank lifted i

    March 16, 2017 05:51 am JST
  • Chinese companies top list of biggest patent filers

    GENEVA -- China's ZTE became the biggest applicant for international patents for the first time in four years in 2016, followed by compatriot Huawei Technologies and U.S.-based Qualcomm, the World Intellectual Property Organization said Wednesday.Hu

    March 16, 2017 05:04 am JST
  • George Magnus

    What Fed's new tightening cycle holds for Asia

    The U.S. Federal Reserve raised interest rates for only the third time this decade at its Wednesday meeting. The policy rate now stands at 0.75-1%. The hike itself was heavily discounted, but markets were tuned in to the Federal Open Market Committe

    March 16, 2017 05:00 am JST
  • Stocks gain, dollar down as Fed sees gradual tightening

    NEW YORK (Reuters) -- U.S. stocks added to gains, while Treasury yields fell and the dollar weakened on Wednesday, after the Federal Reserve raised interest rates for the second time in three months but did not flag any plan to accelerate the pace o

    March 16, 2017 03:32 am JST
  • China's Li steers clear of friction with Washington

    BEIJING -- Premier Li Keqiang's measured words on China-U.S. relations after the closing of the annual congressional session suggest Beijing seeks to avoid rocking the boat ahead of a change in party leadership this year.Common interests"China-U.S.

    March 16, 2017 03:30 am JST
  • Rising rates squeeze US financing ops of Japan carmakers

    TOKYO -- Climbing interest rates in America are putting Japanese automakers' leasing and loan operations there in a crunch, crimping a source of profit that has helped compensate for stalled new-car sales."Right now, what we're most afraid of is an

    March 16, 2017 02:00 am JST
  • Premium iPhone 8 will come with curved OLED screens: source

    TAIPEI -- The most expensive handsets in the upcoming iPhone 10th anniversary range will feature advanced organic light-emitting diode screens that have curved edges, to be solely provided by Samsung Electronics, a source familiar with the design sa

    March 15, 2017 10:45 pm JST