Search results

Results 1 - 20 of 244
  • Keith B. Richburg

    For Obama and the world, Cuba gamble holds promise of rich rewards

    President Barack Obama's dramatic Dec. 17 announcement of America's diplomatic rapprochement with Cuba, after five decades of sanctions and hostility, was a bold stroke reminiscent of President Richard Nixon's opening to China. Coming so soon after

    December 22, 2014 01:00 pm JST
  • Putin under pressure

    Beleaguered Russia faces a crossroads

    TOKYO -- Vladimir Putin's willingness to give ground and seek harmony with the West may determine not only the future of Russia but also global security down the road. Nine months after the annexation of most of the Crimean peninsula from Ukrain

    December 18, 2014 07:00 pm JST
  • Weakening Brazilian currency

    Sugar, coffee slide on bets of increased exports

    TOKYO -- International prices for sugar and coffee beans are falling on expectations that the Brazilian real's decline in value versus the dollar will prompt greater exports from the major producer of the commodities. The New York futures price

    December 18, 2014 04:15 am JST
  • UN talks agree building blocks for new-style climate deal in 2015

    LIMA (Reuters) -- About 190 nations agreed on Sunday the building blocks of a new-style global deal due in 2015 to combat climate change amid warnings that far tougher action will be needed to limit increases in global temperatures. Under the de

    December 14, 2014 06:18 pm JST
  • Falling oil prices

    Still no sign of a bottom

    TOKYO -- The price of crude oil continues to fall, and while cutbacks to U.S. shale oil production could help bring supply in line with demand, the effect will likely take time to spread. West Texas Intermediate, the U.S. benchmark, has dropped

    December 13, 2014 05:59 am JST
  • 2014 earnings

    Bridgestone seen rolling to record profit on brisk US demand

    TOKYO -- Bridgestone's operating profit is on track to hit a record 480 billion yen ($3.98 billion) or so this year, up 10% from 2013 and 5 billion yen more than projected earlier, thanks to brisk demand in the Americas. Tires used in new automo

    December 11, 2014 02:46 am JST
  • Emerging-market currencies

    Ruble hitting bottom on crude's decline, sanctions

    TOKYO -- Currencies of resource-rich emerging economies, such as the Russian ruble, have been weakened considerably by the drop in crude oil prices and other developments, fueling concerns of inflation and mushrooming external debt. Crude prices

    December 10, 2014 07:16 am JST
  • Geothermal power

    Japan to aid in Europe-led development in Latin America

    LIMA, Peru -- The Japan International Cooperation Agency will provide technical assistance to a geothermal power development project being launched in Latin America by Germany and the European Union. The deal will be formally announced Monday by

    December 6, 2014 04:32 am JST
  • Coal in Mozambique

    Mitsui to help develop mine, rail system, port all at once

    TOKYO -- Mitsui & Co. will make a major investment in Mozambique involving a coal mine, railway and port facilities, hoping to aid the country's infrastructure development. The Japanese trading house will target a mine in Moatize, to the northwe

    December 5, 2014 06:10 am JST
  • Emerging-market woes hit automakers

    GUANGZHOU, China -- Economic and political uncertainties are hurting new-car sales in emerging economies. This is putting pressure on global automakers that have pinned their growth hopes on these markets. The number of new cars sold worldwide i

    December 4, 2014 12:00 am JST
  • Tejraj M. Aminabhavi: Carbon -- a versatile gift from nature

    Carbon is available in many different forms: carbon dioxide, methane gas, coal, petroleum and natural gas. It is the active element of photosynthesis -- a key process for all living matter that combines water, sunlight and carbon dioxide to create u

    December 4, 2014 12:00 am JST
  • Pesticide, seed majors target hungry Asian, South American markets

    FRANKFURT, Germany/NEW YORK -- Major Western agricultural pesticide and seed companies are working to expand in China, India, South America and other emerging markets where food demand is soaring. But with competition also mounting, these businesses

    December 4, 2014 12:00 am JST
  • The great peacekeeping divide

    As the world grapples with increasing regional strife, demand for U.N. peacekeeping operations to contain and resolve conflicts is stronger than ever. How these missions are funded and supplied sheds light on global economic realities. While advance

    December 4, 2014 12:00 am JST
  • Panasonic, Daikin stand to gain

    Japan to invest $10 million in US green fund with eye to Latin America

    TOKYO -- The Japan International Cooperation Agency, a semigovernmental body, will invest $10 million in a green private equity fund in the U.S., looking to support Japanese companies' expansion in Latin America. Chinese and South Korean compani

    December 3, 2014 02:00 pm JST
  • Smartphone glut

    AT&T working to diversify revenue sources

    NEW YORK -- AT&T is accelerating efforts to diversify its revenue sources. It will launch cellphone services in Mexico and expand into new businesses such as home security. The U.S. telecom giant announced Nov. 7, as part of its new growth strat

    November 28, 2014 07:00 pm JST
  • Declining crude prices

    Trouble ahead for autocracies that bank on oil reserves

    TOKYO -- There could be big trouble ahead for oil-producing autocracies. The sharp decline in international oil prices that has already battered their economies could weaken these governments' power bases. Flush with foreign currency earnings fr

    November 28, 2014 01:00 pm JST
  • Brazilian real

    Optimism over next finance minister, China rate cuts lift currency

    TOKYO -- The Brazilian real seems to be taking a breather from its rapid descent, aided by market expectations for the nation's next finance minister and rate cuts in China. The real traded in the lower end of the 2.50 range against the dollar W

    November 27, 2014 07:08 am JST
  • Crude oil prices are in for a protracted slump

    TOKYO -- International crude oil prices have been tumbling since summer, with U.S. crude oil futures declining to half the record high of $147 a barrel set in 2008. Lower oil prices will help improve corporate earnings and lead to a future uptur

    November 27, 2014 12:00 am JST
  • Global agriculture

    Pesticide, seed majors target hungry Asian, South American markets

    FRANKFURT/NEW YORK -- Major Western agricultural pesticide and seed companies are working to expand in China, India, South America and other emerging markets where food demand is soaring. But with competition also mounting, these businesses are pump

    November 26, 2014 01:00 pm JST
  • Global auto sales

    Economic, political woes slow new-car sales in developing nations

    GUANGZHOU, China -- Economic and political uncertainties have slammed the brakes on new-car sales in emerging economies, and winning over these markets has once again become a pressing goal for the world's automakers. The number of new cars sold

    November 25, 2014 04:27 am JST