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  • Hong Kong's Goodbaby eyes growth in China, the West

    HONG KONG -- For Goodbaby International Holdings, it's time to grow. So the Hong Kong-listed baby-care product maker is overhauling its strategy, hoping to expand by vertically integrating its efforts across brands. It also is setting its sights on

    May 30, 2016 07:00 am JST
  • Nippon Steel moving to block new CEO at Brazil's Usiminas

    TOKYO -- Nippon Steel & Sumitomo Metal came out Thursday against a decision by Brazilian affiliate Usiminas to appoint a new CEO, suggesting renewed friction with Ternium over management of the steel producer.Nippon Steel and Ternium, a steel group

    May 27, 2016 05:30 am JST
  • G-7 appears split on solutions to tax avoidance

    TOKYO -- Tax avoidance likely will be a major topic at the Group of Seven summit later this week in light of the Panama Papers scandal, but these leading industrial nations may have trouble reaching an agreement on how best to address the problem."I

    May 25, 2016 05:41 am JST
  • Commodities eye

    Rising sugar price hits businesses

    BANGKOK -- Rising sugar prices, bolstered by the parched conditions across Asia's farming heartland, are beginning to affect a range of businesses including consumer goods companies and sugar production groups.Sugar was one of the few soft commoditi

    May 18, 2016 07:00 pm JST
  • China's rise challenges old guard in electronics

    TOKYO -- An electronics show in China ended in a huge success this year, underscoring the growing importance of "internet of things" technology and the need for Japanese, South Korean and Taiwanese companies to catch up in this field.The second CES

    May 16, 2016 02:43 am JST
  • Commodities eye

    Crude looks tentative on new perch in mid-$40s

    Singapore -- Crude futures touched year-to-date highs in April and held on to most of their gains entering May, despite major OPEC and non-OPEC producers gathered in the Qatari capital of Doha April 17 failing to agree on a production freeze in a la

    May 14, 2016 06:00 pm JST
  • Countries pledge to fight graft by revealing who owns companies

    LONDON (Reuters) -- Countries from Britain to Afghanistan pledged on Thursday to set up public registers of company ownership in a collective effort to make it harder to launder the proceeds of corruption around the globe. Prime Minister David C

    May 13, 2016 10:35 am JST
  • Brazil's Temer calls for unity, confidence for Brazil recovery

    BRASILIA (Reuters) -- Brazil's interim President Michel Temer called on his country to rally behind his government of "national salvation," hours after the Senate voted to suspend and put on trial his leftist predecessor, Dilma Rousseff, for breakin

    May 13, 2016 09:40 am JST
  • Brazil's Senate impeaches President Rousseff

    BRASILIA (AP) -- Brazil's Senate has voted 55-22 to impeach the South American giant's first woman president.President Dilma Rousseff is accused of using accounting tricks to hide large budget deficits.Rousseff will be suspended and replaced for up

    May 12, 2016 06:49 pm JST
  • Brazil's Senate poised to suspend Rousseff pending trial

    BRASILIA (Reuters) -- A majority of Brazil's Senate indicated on Thursday it will vote to put President Dilma Rousseff on trial for breaking budget laws, signalling the end of 13 years of rule by the country's leftist Workers Party.In a marathon ses

    May 12, 2016 04:57 pm JST
  • Saudi Arabia's fight to keep market share imperils production controls

    DUBAI/LONDON -- Saudi Arabia is digging in its heels on using oil production hikes to protect its global market share, threatening to derail measures to stabilize petroleum prices up for discussion at OPEC's June meeting.State-owned petroleum giant

    May 12, 2016 01:00 pm JST
  • Resource-poor nations thrive as tax havens

    TOKYO -- Many of the tax havens put under the spotlight by the Panama Papers furor are Caribbean islands with few resources and little industry that rely on this business for income, or countries such as Switzerland or Singapore that have made their

    May 11, 2016 02:00 pm JST
  • Tough challenges ahead for 'Chinese dream'

    TOKYO -- President Xi Jinping's much-touted "Chinese dream" of becoming a global power matching the U.S. faces tough challenges ahead, as the country struggles to avoid slipping into a prolonged period of economic stagnation. China weathered the

    May 11, 2016 01:00 pm JST
  • Japan looks to more than double investment treaty partners by 2020

    TOKYO -- The government here aims to sign investment treaties with a total of 100 countries and regions by 2020 to help Japanese businesses expand their global presence.Beginning with an agreement with Egypt in 1978, Tokyo has so far signed investme

    May 11, 2016 02:00 am JST
  • Chinese dominate 'Panama Papers'

    TOKYO -- Information on some 210,000 companies mentioned in the "Panama Papers" was revealed by The International Consortium of Investigative Journalists. The information shows that the number of businesses and individuals in China involved in setti

    May 10, 2016 01:46 pm JST
  • Further data on 'Panama Papers' tax evasion released online

    TOKYO (Kyodo) -- A group of journalists released online on Tuesday Japan time further information on leaked documents dubbed the "Panama Papers," which rocked the world by implicating key politicians and business leaders in massive tax evasion.The I

    May 10, 2016 03:30 am JST
  • Panama Papers shell companies to be revealed Tuesday

    TOKYO -- The names of 210,000 offshore companies appearing in the files known as the Panama Papers will be released soon by the group of journalists who analyzed and broke the news on the use of tax havens by prominent figures. The International Con

    May 9, 2016 11:10 pm JST
  • Japanese and Mexican business leaders keen for closer ties with TPP

    MEXICO CITY Business leaders in Japan and Mexico are looking forward to closer ties as a result of the Trans-Pacific Partnership trade agreement, which if ratified by all signatories, will lower trade barriers on a variety of goods and services be

    May 5, 2016 12:00 pm JST
  • A 3 trillion yen lesson in the risks of overinvesting

    TOKYO Japanese listed companies closing their books in March reported total impairment losses of more than 3 trillion yen ($28 billion) as of the end of April, according to Nikkei's own calculation.Impairment does not mean a loss of cash, and it do

    May 5, 2016 12:00 pm JST
  • Edward Alden: Solving the global steel glut means sharing the pain

    The steel industry is once again in crisis. Led by China, global steelmaking capacity has doubled in the past 15 years, while demand has slumped. The consequences in many countries are falling prices, idled production, bankruptcies and job losses. T

    May 5, 2016 12:00 pm JST