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  • Closer to normalization

    Lifting economic barriers next challenge for US, Cuba

    SAO PAULO -- Although many in Cuba are looking forward to growth in the tourism industry with the normalization of relations with the U.S., sanctions limiting trade and investment will not be easy to lift. In January, Washington relaxed restrict

    July 2, 2015 02:13 am JST
  • US, Cuba restoring diplomatic ties after 54 years

    HAVANA/WASHINGTON (Reuters) -- The United States and Cuba on Wednesday formally agreed to restore diplomatic ties that had been severed for 54 years, fulfilling a pledge made six months ago by the former Cold War enemies. U.S. President Barack O

    July 2, 2015 01:54 am JST
  • George Magnus: Greece will cast long political shadows

    If Greece were in Asia, it would be the seventh largest economy, of little geopolitical consequence and soon to be overtaken by Bangladesh and Vietnam. Greece's size, however, is not the right metric to use when gauging its significance in Europe's

    July 2, 2015 12:00 am JST
  • Frederic Neumann: Greek turmoil is not without risks to Asia

    The coming weeks will prove critical for Greece's membership of the eurozone. For Asia, the immediate impact of a potential "Grexit" should be manageable. A powerful policy response by major central banks and comfortable reserve buffers in the regio

    July 2, 2015 12:00 am JST
  • Editorial: Seize the chance to wrap up the TPP talks

    The time has come to finally conclude negotiations over the proposed Trans-Pacific Partnership agreement. The U.S. Congress has at last passed a bill granting President Barack Obama trade promotion authority, also known as fast track, which is s

    July 2, 2015 12:00 am JST
  • US-Cuba deal to restore ties to be unveiled on Wednesday

    WASHINGTON/HAVANA (Reuters) -- The United States and Cuba have reached an agreement to reopen embassies and restore diplomatic ties severed more than five decades ago, and the historic deal will be unveiled on Wednesday, U.S. officials said on Tuesd

    July 1, 2015 11:53 am JST
  • Diplomatic itinerary

    Taiwanese president to visit Central America in July

    TAIPEI -- Taiwanese President Ma Ying-jeou is slated to visit the island's three Central American allies -- Dominican Republic, Haiti and Nicaragua -- during an eight-day trip starting July 11. Vice Foreign Minister Simon Ko told reporters in Ta

    June 29, 2015 08:20 pm JST
  • Yes or no to Europe?

    Greece's Tsipras calls referendum to break bailout deadlock

    ATHENS/BRUSSELS (Reuters) -- Greek Prime Minister Alexis Tsipras called a referendum on austerity demands from foreign creditors on Saturday, rejecting an "ultimatum" from lenders and putting a deal that could determine Greece's future in Europe to

    June 27, 2015 12:16 pm JST
  • Cuba investment

    New US foreign policy opens path to growth

    SAO PAULO -- While the U.S. and Cuba struggle to normalize their diplomatic relations, foreign businesses are increasingly eager to tap into the tourist dollars to be found in the small island nation. As the number of visitors rises, so too is the n

    June 20, 2015 01:00 pm JST
  • China invests heavily to keep iron ore prices down

    BANGKOK -- The price of iron ore has been a dizzying roller-coaster ride since the second half of 2014. After sliding to a 10-year trough of $47.60 per ton in April, it has regained about 25%. But those looking for upside should beware. The comm

    June 18, 2015 12:00 am JST
  • Editorial: Asia must cope with changes in global economy

    Sweeping changes are coming to the global economy. The U.S. is recovering. Meanwhile, China and other emerging nations, which have driven the global economy for the last few years, face headwinds. An interest rate hike by the U.S. Federal Reserve is

    June 18, 2015 12:00 am JST
  • Commodities eye

    Heavy Chinese investment in mining to keep iron ore prices soft

    BANGKOK -- The price of iron ore has been on a dizzying roller-coaster ride since the second half of 2014. After sliding to a 10-year trough of $47.60 per ton in April, it has regained about 25%. But those looking for more upside should beware.

    June 15, 2015 01:00 pm JST
  • Combating climate change

    Weak plans mean world set to overshoot temperature goal, says IEA

    LONDON (Reuters) -- Countries' current pledges for greenhouse gas cuts will fail to achieve a peak in energy-related emissions by 2030 and likely result in a temperature rise of 2.6 degrees Celsius by the end of the century, the International Energy

    June 15, 2015 09:01 am JST
  • Yottabytes getting the jump on pirates

    TOKYO -- The year is 2050. An employee at Lloyd's of London is sitting at her desk observing real-time images from an unmanned aerial vehicle (UAV) the company deployed to follow a cargo ship it had insured. She picks up the phone and contacts the s

    June 11, 2015 12:00 am JST
  • The buzz about drones

    Drones can be used for a variety of purposes, from military to business and recreation. They are an exciting and increasingly affordable new technology, and many expect them to bring about an industrial revolution in the air. But the stealthy, unman

    June 11, 2015 12:00 am JST
  • Michael Schrage: The uncharted territory between autonomy and ethics

    Few U.S. military assets inspire the executive-branch swagger that unmanned aerial vehicles -- also known as drones -- do. "If I'm president of the United States and you're thinking about joining al-Qaida or ISIL, I'm not going to call a judge,"

    June 11, 2015 12:00 am JST
  • James Coyne: Regulators race to keep up

    When a remotely piloted aircraft loaded with radioactive sand was found on the Japanese prime minister's office late April, it raised alarm over the security risks posed by the growing number of unmonitored drones buzzing around. When it comes t

    June 11, 2015 12:00 am JST
  • Targeting Russia, Brazil

    Mitsubishi Heavy to step up overseas compressor ops

    TOKYO -- Mitsubishi Heavy Industries will step up its compressor business in emerging markets, especially in Russia and Brazil, as part of efforts to boost natural resource-related orders. Mitsubishi Heavy plans to establish a joint venture with

    June 6, 2015 11:50 pm JST
  • Soccer scandal offers chance for change

    TOKYO -- FIFA's Executive Committee met cheers and jeers when it announced Russia would host the 2018 World Cup, and Qatar 2022. Officials from other candidate countries wondered what kind of lucrative deals had been made under the table. For ma

    June 4, 2015 12:00 am JST
  • Soccer scandal

    FIFA must turn corruption charges into opportunity for change

    TOKYO -- In December 2010, the FIFA Executive Committee announced which countries it had chosen to host two upcoming World Cup tournaments. Russia got the nod for the 2018 event, and Qatar was chosen for 2022. Something, however, was a bit off:

    June 1, 2015 01:00 pm JST