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  • Wall St drifts with eyes on Fed; Intel drops

    NEW YORK (Reuters) -- U.S. stocks ended little changed in light volume on Monday, with traders eyeing a Federal Reserve meeting expected to result in an interest rate increase later this week.The S&P 500 traded in its tightest range of the year, in

    March 14, 2017 06:41 am JST
  • Bridgestone targets 5-6% annual profit growth in Americas, says vice president

    TOKYO -- Bridgestone will aim for operating profit growth of 5-6% annually in its mainstay North and South American business, Executive Vice President Akihiro Eto told The Nikkei.The Americas segment is a major earnings driver, with operating profit

    March 14, 2017 04:00 am JST
  • Trump plans to host China's Xi in April at Florida resort -reports

    WASHINGTON (Reuters) -- U.S. President Donald Trump is planning to host Chinese President Xi Jinping at a two-day summit next month at his Florida Mar-a-Lago resort, according to media reports.The two-day meeting is tentatively scheduled for April 6

    March 14, 2017 12:27 am JST
  • Interview

    Oil producers to keep pumping up prices: Showa Shell CEO

    TOKYO -- International crude oil prices are hovering around $50 a barrel. The Nikkei recently spoke with Showa Shell Sekiyu CEO Tsuyoshi Kameoka about the prospects for oil prices and for producing countries to work together to curtail output. Q: Oi

    March 13, 2017 04:00 pm JST
  • Thai central bank chief says not worried if Fed raises US rates

    BANGKOK (Reuters) -- Thailand's central bank is not worried if the Federal Reserve raises U.S. interest rates this week and it expects no impact on Thai financial markets, the governor said on Monday.The central bank has not found any unusual capita

    March 13, 2017 01:48 pm JST
  • Boeing China plant to deliver 100 737s a year, first in 2018: Xinhua

    SHANGHAI (Reuters) -- Boeing Co's new 737 completion plant in China will aim to deliver 100 planes a year, with the first expected to take place in 2018, China's official Xinhua news agency said.Construction on the factory, which Boeing will operate

    March 13, 2017 01:29 pm JST
  • South Korea, US begin annual military exercise amid North Korea tensions

    SEOUL (Kyodo) -- South Korea and the United States began their annual joint military exercise on Monday amid heightened tensions with North Korea following its latest test-firing of ballistic missiles.The two-week exercise, known as Key Resolve, com

    March 13, 2017 12:57 pm JST
  • Asian shares edge up but caution prevails ahead of Fed

    TOKYO (Reuters) -- Asian shares rose on Monday, taking their cue from gains on Wall Street after strong U.S. job data, though the mood was cautious as oil prices plunged to 3 1/2-month lows on fresh worries of oversupply.A confluence of major events

    March 13, 2017 11:49 am JST
  • Interview

    Riding high in US, Subaru takes it 'slow and steady' in Asia

    TOKYO -- The 2010s have been kind to Fuji Heavy Industries, the company better known by its Subaru auto marque. After years of swift growth, its global vehicle sales surpassed the 1 million mark in 2016.The catch is that most of those sales were mad

    March 13, 2017 08:00 am JST
  • Japanese banks shedding government bonds

    TOKYO -- Japanese banks are shedding government bonds at an accelerating pace, slashing their total holdings at the end of January to a 14-year low.The value of Japanese government bonds held by domestic banks was 79.59 trillion yen ($693 billion) a

    March 13, 2017 03:00 am JST
  • Daniel Twining

    India's optimism a useful antidote to Western pessimism

    Americans suffering a crisis of confidence about the future of their country's democratic institutions under President Donald Trump could use a dose of Indian-style optimism. The country's Prime Minister Narendra Modi, elected on a populist platform

    March 12, 2017 04:50 pm JST
  • Subaru's loving its American customers

    TOKYO -- Subaru maker Fuji Heavy Industries is on a roll. By focusing on the U.S. market, it has increased unit sales 50% over the past five years. And its operating margin is a fat 15%.Its American customers seem happy. "I've just replaced my BMW w

    March 12, 2017 01:00 pm 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 Vietnam plant, and has begun operating new plants in other locations li

    March 12, 2017 12:00 pm JST
  • Guntram Wolff

    Europe should lead the way with multilateralism

    The U.S. and Europe are more than allies. They share a long-standing and multifaceted partnership. And the future of U.S.-Europe relations is of fundamental importance for the global economy. However, this close connection has been under strain sinc

    March 12, 2017 07:00 am JST
  • Investors already trying to get ahead of Fed

    TOKYO -- With the U.S. Federal Reserve all but certain to hike its benchmark rate next month, global investment money is already making its way to more attractive investment destinations.Market participants now see a 90% or so chance that the Federa

    March 12, 2017 01:55 am JST
  • Shang-Jin Wei

    Navigating America's economic-policy shocks

    NEW YORK -- With a series of tax and trade moves being considered in the United States this year, emerging-market economies are likely to face devaluation pressure and volatility.Three sources of US-fueled economic uncertainty, in particular, will r

    March 11, 2017 06:45 pm JST
  • Interview

    WeWork sets sights on Asia

    NEW YORK -- Co-working industry leader WeWork has set its sights on Asia for a major expansion. Established in New York in 2010 and valued at $16 billion by investors, the private startup has grown its network to more than 100 locations. Already in

    March 11, 2017 02:00 pm JST
  • Wall St ends up; jobs data points to economic strength

    NEW YORK (Reuters) -- U.S. stocks rose on Friday after a solid jobs report pointed to strength in the domestic economy and supported expectations the Federal Reserve will raise interest rates next week.Indexes ended lower for the week, however, with

    March 11, 2017 08:06 am JST
  • Japan trade deal a 'very high priority': US commerce chief

    WASHINGTON -- The U.S. regards negotiating a trade agreement with Japan as a "very high priority," Commerce Secretary Wilbur Ross told reporters here Friday.Though President Donald Trump pulled the U.S. out of the 12-nation Trans-Pacific Partnership

    March 11, 2017 07:00 am JST
  • UN thanks Japan for South Sudan peacekeeping mission

    UNITED NATIONS -- The United Nations expressed appreciation Friday for Japan's five years of peacekeeping efforts in South Sudan following Tokyo's decision to withdraw troops at the end of May.Japanese peacekeepers have "been performing a very valua

    March 11, 2017 07:00 am JST