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  • Building ties

    Japan mulls energy, infrastructure aid to Cuba

    TOKYO -- Japan is considering expanding developmental assistance to Cuba beyond just the agricultural and medical fields into energy- and infrastructure-related projects, in a bid to bolster ties with the Latin American nation. Tokyo plans to se

    May 25, 2015 02:00 am JST
  • Beer sales in emerging economies

    Major brewers toast growth in Asia, Latin America

    GENEVA -- Emerging economies are becoming increasingly important to leading global beer brands, as sales growth in the developed world is lagging. Top breweries around the world faced weak demand in the U.S. and Europe in the January-March quart

    May 23, 2015 01:00 pm JST
  • Subway, port projects

    Peru looking for foreign partners

    TOKYO -- Peru is undergoing a dramatic transformation. Trains, highways, ports and power plants are planned across the South American nation. The government, looking for private partners to invest in these projects, says it sees Peru's economy growi

    May 20, 2015 07:53 pm JST
  • China's Li brings investment boost to struggling Brazil

    BRASILIA (Reuters) -- Chinese Premier Li Keqiang came to the rescue of Brazil's slumping economy on Tuesday with trade, finance and investment deals worth tens of billions of dollars in energy, mining, aviation and the upgrade of dilapidated infrast

    May 20, 2015 10:03 am JST
  • New Development Bank chief

    Behind India's last-minute rethink

    NEW DELHI -- Indian banker K.V. Kamath may not be a big name in the world of international finance, but he has been chosen to lead the New Development Bank, also known as BRICS Bank, a Chinese government initiative. The Indian government, which

    May 19, 2015 01:00 pm JST
  • Stephen Schwarzman interview

    Leadership vital for emerging economies

    TOKYO -- Emerging economies are at a crossroads as growing expectations of a U.S. interest rate hike prompt speculation of a possible massive dollar repatriation. The slowing of China's economy is also a headwind for these economies. Speaking wi

    May 14, 2015 05:00 pm JST
  • Losing steam

    Wanted: New growth paradigm for emerging economies

    TOKYO -- When over a million Brazilians took to the streets of Sao Paulo in March and April to speak out against government corruption, the contrasting fashions of the protesters said perhaps as much as the slogans being shouted. Among the crowd

    May 14, 2015 03:00 pm JST
  • Is the global economy heading for the doldrums?

    TOKYO -- Worrisome signs have begun to emerge in the U.S. and China -- the main driving forces behind the world's economic growth. While the U.S. is expected to raise interest rates later this year, its economy decelerated sharply in the January

    May 14, 2015 12:00 am JST
  • Leadership vital for emerging economies: Blackstone CEO

    TOKYO -- Emerging economies are at a crossroads as growing expectations of a U.S. interest rate hike prompt speculation of a possible massive dollar repatriation. The slowing of China's economy is also a headwind for these economies. Speaking wi

    May 14, 2015 12:00 am JST
  • Editorial: Private sector essential to Asian infrastructure development

    Asia is now a driving force for the global economy. But if the region is to grow further, it is essential to press ahead with the infrastructure development that underpins industrial activity, improves people's livelihoods and facilitates the distri

    May 7, 2015 12:00 am JST
  • Mayweather? Pacquiao? A bout about the Benjamins

    LAS VEGAS -- Philippine boxing hero Manny Pacquiao lost the "Fight of the Century" to U.S. superstar boxer Floyd Mayweather Jr. in a unanimous judges' decision. The welterweight world championship unification bout, held May 2 at the MGM Grand Garden

    May 7, 2015 12:00 am JST
  • Ben Simpfendorfer: A golden era for midsize companies

    Midsize companies are Asia's new champions. Big multinationals and local conglomerates used to be the kings of the region's consumer goods business. They were able to build up in a way that no midsize company could hope to replicate. But size is

    May 7, 2015 12:00 am JST
  • 'Fight of the Century'

    Mayweather? Pacquiao? A bout about the Benjamins

    LAS VEGAS -- Philippine boxing hero Manny Pacquiao lost the "Fight of the Century" to U.S. superstar boxer Floyd Mayweather Jr. in a unanimous judges' decision. The welterweight world championship unification bout, held May 2 at the MGM Grand Garden

    May 6, 2015 02:45 pm JST
  • Beyond the basics

    Japanese foreign aid going upscale

    TOKYO -- Japan will focus on environmentally friendly vehicles, medical equipment and disaster management in its official development assistance to higher-income economies, hoping to help sell homegrown technologies. The Development Cooperation

    May 6, 2015 06:12 am JST
  • ADB-AIIB engagement

    Asia's development banks can learn to tango

    BAKU, Azerbaijan -- Led by Japan and the U.S., the Asian Development Bank (ADB) and the emerging Asian Infrastructure Investment Bank (AIIB) being created by China appeared destined for natural rivalry until on May 1 the two announced a detente that

    May 3, 2015 10:25 pm JST
  • Japan vows to boost ODA to Cuba in foreign ministers' talks

    HAVANA (Kyodo) -- Japanese Foreign Minister Fumio Kishida pledged on Saturday to boost Japan's official development assistance to Cuba as he met with his counterpart Bruno Rodriguez in Havana as the first top Japanese diplomat to visit the country.

    May 3, 2015 01:10 pm JST
  • Infrastructure development

    Japan hopes aid helps its companies get into Cuba

    TOKYO -- The Japanese government will expand its official development assistance to Cuba with grants for infrastructure and other large-scale development projects. The move is aimed at helping Japanese companies enter the country before Cuba and

    May 1, 2015 02:00 pm JST
  • Refocusing on efficiency

    Toyota reignites expansion drive with new plant tech

    TOKYO -- After a hiatus of about three years, Toyota Motor has decided to resume large-scale investments, starting with the opening of new plants in China and Mexico in 2018 and 2019. The Japanese carmaker will pack the factories with advanced t

    May 1, 2015 07:00 am JST
  • Godrej Consumer Products

    Africa, Latin America markets stand out in March quarter

    MUMBAI -- Indian consumer goods company Godrej Consumer Products said Tuesday it posted a 12.4% rise in fourth-quarter net profit to 2.66 billion rupees ($45.3 million), helped by robust growth in Africa and Latin America. Sales for the January-

    April 29, 2015 10:30 pm JST
  • Ben Simpfendorfer

    A golden era for midsize companies

    Midsize companies are Asia's new champions. It used to be that big multinationals and local conglomerates were the region's biggest consumer goods success stories. They were able to build and scale in a way that no midsize company could hope to repl

    April 26, 2015 01:00 pm JST