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  • Mexican minister calls for Japan cooperation to tap Asian market

    MEXICO CITY -- Mexican Economy Minister Ildefonso Guajardo said Thursday he hoped that Japanese businesses would support their Mexican peers in making forays into the Asian market. "We would like to cooperate with Japan in order to deepen our rel

    July 25, 2014 11:36 am JST
  • Abe to pitch Japan on Latin America tour

    TOKYO -- Japanese Prime Minister Shinzo Abe will kick off a tour of five Latin American countries Friday, aiming to use diplomacy to help domestic businesses branch out into the region while curbing an increasingly influential China. The trip wi

    July 25, 2014 04:17 am JST
  • By allowing more Mexican pork imports, Japan hopes to pressure U.S.

    TOKYO -- Japan is set to lift a ban on pork imports from some regions in Mexico and also offer easier preferential tariff treatment to pig meat from the North American country, government sources told The Nikkei on Thursday. Japanese Prime Minis

    July 24, 2014 04:00 pm JST
  • Weaponizing the world

    Military spending in 2013 showed year-on-year growth worldwide in all regions except for the U.S., Europe and Oceania. Increases were particularly high in emerging economies. China has nearly tripled its military spending over a decade, and now acco

    July 24, 2014 12:00 am JST
  • Xi swings by Latin America to make overtures

    BEIJING -- Aiming to raise China's regional profile, President Xi Jinping is using a tour through four nations of Latin America to bolster ties in trade and infrastructure development. Meeting with members of the Community of Latin American and

    July 23, 2014 02:07 am JST
  • Frederic Neumann: Developing Asia eyes boom in south-south funding sources

    The world's changing, again. For years, developing countries -- or, in today's parlance, "emerging and frontier markets" -- received the bulk of their external funding from multilateral agencies, such as the World Bank and the Asian Development Bank

    July 21, 2014 07:00 pm JST
  • Japan, Brazil to collaborate in tapping hard-to-reach offshore oil

    TOKYO -- The Japanese government is set to help Brazil with a large, deep-sea oil development project, sources told The Nikkei on Saturday. The assistance is to involve the provision of shipbuilding technologies that are vital for tapping the fuel.

    July 20, 2014 02:00 am JST
  • Chinese yuan raising global profile

    HONG KONG -- Companies the world over are increasingly using China's currency to make settlements for trade and investment as they seek to hedge risk and do more business with the massive Chinese market. Yuan-denominated settlements as a proport

    July 19, 2014 04:24 am JST
  • New BRICS bank reflects China's global ambitions

    BEIJING -- Diplomacy has never resembled soccer -- with its uncertainty, intensity and massive audiences -- as much as it did after a meeting of Brazil, Russia, India, China and South Africa in Fortaleza, Brazil, on Tuesday, just two days after the

    July 18, 2014 03:00 pm JST
  • Brazil, China sign power-grid, plane deals

    BRASILIA (Dow Jones) --China and Brazil signed a number of deals on Thursday, ranging from jet sales to power-grid investments, at the end of a summit meant to showcase a bigger global role for emerging economies. The agreements come as Chinese Pres

    July 18, 2014 01:39 pm JST
  • Japan, Chile to foster anti-disaster experts in Latin America

    TOKYO -- Japan and Chile plan to join hands to foster more disaster preparedness specialists in Latin American countries, including Peru, Columbia and El Salvador, over the next five years. To bring more of Japan's disaster-preparedness technolo

    July 17, 2014 02:00 pm JST
  • China's BYD to manufacture electric buses in Brazil

    GUANGZHOU -- Chinese automaker BYD announced plans Wednesday to manufacture electric buses in Brazil, broadening its push into the public transportation market as global demand for electric cars remains stuck in neutral. BYD said it will spend 2

    July 17, 2014 04:57 am JST
  • BRICS challenge US-led financial system with development bank

    FORTALEZA, Brazil -- The leaders of the world's five largest emerging markets have agreed to create an international development bank seen as intended to rival existing U.S.-led institutions. The new development bank is to be the first substanti

    July 17, 2014 02:42 am JST
  • Malaysia's Scomi Engineering joins $1.8 billion Brazil rail project

    KUALA LUMPUR -- Malaysia's Scomi Engineering said on Wednesday that it is building another monorail line worth 5.9 billion ringgit ($1.8 billion) in Sao Paulo, Brazil. The monorail technology company will take part in construction of the Sao Pau

    July 16, 2014 03:38 pm JST
  • BRICS to challenge global financial system with their own bank

    FORTALEZA, Brazil -- The leaders of Brazil, Russia, India, China and South Africa agreed Tuesday to create a new development bank. The so-called BRICS development bank will be headquartered in Shanghai, and its first president will be nominated

    July 16, 2014 12:15 pm JST
  • BRICS agree to base development bank in Shanghai

    FORTALEZA, Brazil (Dow Jones) -- The leaders of the Brics countries took another step toward carving a larger role for themselves in the global financial system when they agreed Tuesday to base a new development bank in Shanghai. The New Develop

    July 16, 2014 09:45 am JST
  • Russia eyes BRICS energy alliance

    FORTALEZA, Brazil -- Russian President Vladimir Putin is calling for establishing an energy alliance during a meeting underway here for leaders from the BRICS major emerging nations. The proposal centers on creating a shared fuel reserve and ene

    July 16, 2014 05:04 am JST
  • Putin seeks partnership from China, Latin America

    FORTALEZA, Brazil -- Russian President Vladimir Putin met with his Chinese counterpart and South American leaders in recent days, aiming to strengthen cooperation in the area of natural resources and prevent Moscow from becoming isolated in the inte

    July 16, 2014 04:16 am JST
  • Japan to help Caribbean states with energy, disaster prevention

    TOKYO -- Japan will provide support on issues such as energy to the members of the Caribbean Community, in a move to strengthen ties with the region and win votes for next year's United Nations Security Council elections. Japanese Prime Minister

    July 15, 2014 06:07 am JST
  • Leading emerging nations to discuss details of development bank plan

    SAO PAULO -- The key emerging countries of Brazil, Russia, India, China and South Africa are now plotting a move that could revitalize their global influence with the proposal of a new international lending institution. Leaders from the five nat

    July 14, 2014 01:00 pm JST