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  • Russia rushes to diversify import sources amid tensions with West

    MOSCOW -- Russia is scrambling to diversify the sources of its imports in response to the recent round of tit-for-tat sanctions between Moscow and the West. The U.S. and European countries imposed sanctions on Russia over the crisis in Ukraine a

    August 21, 2014 01:00 pm JST
  • Simon Smiles: Building Olympic stadiums is far easier than putting them to use later on

    With the World Cup over, most Brazilians would rather forget the host nation's performance. But the country will be faced with a daily reminder of the summer of 2014 because many of the specially constructed stadiums and associated infrastructure se

    August 21, 2014 12:00 am JST
  • Chilean copper mine tests Japan's ability to dig at the frontiers

    CASERONES, Chile -- A Chilean copper mine wholly owned by three Japanese companies went into full operation in late July. Worldwide, the demand for copper is shrinking, which puts this new mine immediately on the back foot. But these three companies

    August 20, 2014 01:00 pm JST
  • After delays, Nippon Steel's Brazil plant to make seamless pipe

    TOKYO -- Nippon Steel & Sumitomo Metal expects to begin mass-producing seamless steel pipe for oil exploration at its joint venture in Brazil within the year -- two and a half years later than planned. The joint venture with French steel giant V

    August 20, 2014 03:05 am JST
  • Mitsubishi Heavy to install subway line in Brazil

    TOKYO -- Mitsubishi Heavy Industries has been awarded a roughly 50 billion yen ($483 million) contract to build a subway line in Sao Paulo. It won the contract in cooperation with Mitsui & Co. from Brazilian concessionaire Move Sao Paulo, accord

    August 19, 2014 02:27 am JST
  • Panama Canal expansion not all good news for shipping companies

    TOKYO -- The Panama Canal turned 100 on Aug. 15. The world of shipping it serves today is a far cry from what it was when the shipping lane opened a century ago. The canal sees roughly 5% of all global maritime trade, linking the Atlantic and th

    August 18, 2014 07:00 pm JST
  • Emerging-market concerns cast cloud over Japanese stocks

    TOKYO -- In casting a keen eye over recent earnings reports issued by Japanese companies, investors are noting some troubling signs regarding future business conditions in emerging markets. The Nikkei Stock Average rebounded Monday on buying of

    August 12, 2014 04:15 am JST
  • Japan, China grain traders face off in Brazil

    SAO PAULO -- Japan's trading companies are trying to increase their production and purchases of soybeans and other grains in Brazil, amid growing competition with China for these commodities. A fierce international grain war is raging in Brazil,

    August 11, 2014 07:00 am JST
  • Chinese automakers driving ahead in South America

    BEIJING -- Chinese automakers are on the offensive in South America as they tout low-priced cars and eat away at the market dominance of European manufacturers. These automakers are investing in more production and expanding sales networks in So

    August 7, 2014 12:00 am JST
  • ANA to increase code-sharing with Brazil's TAM Airlines

    TOKYO -- All Nippon Airways will expand its code-sharing arrangement with Brazil's TAM Airlines for services connecting Japan and Brazil, part of its efforts to meet the diverse needs of travelers. For services to and from Brazil, ANA has partne

    August 6, 2014 11:48 pm JST
  • Suez becoming canal of choice for Asia-US shipments

    TOKYO -- For manufacturers in Asia, container ships remain the transport of choice for getting their goods to the East Coast of the U.S. Companies searching for cheaper, faster routes to the world's largest consumer market are finding the Suez Canal

    August 6, 2014 07:00 pm JST
  • Abe still jetting around with his 'top salesman' hat on

    TOKYO -- Japan's "top salesman" continues to trumpet the country's technology in meetings with foreign leaders. Prime Minister Shinzo Abe made his latest pitches in Latin America. Prior to that, he made the rounds of Oceania. Yet Abe -- and Japanese

    August 5, 2014 01:00 pm JST
  • Japan to support Brazilian offshore drilling, infrastructure

    BRASILIA, Brazil -- Japanese Prime Minister Shinzo Abe and Brazilian President Dilma Rousseff agreed Friday to pursue cooperation in areas including offshore oil drilling and grain transportation. Speaking to reporters after their summit here, A

    August 2, 2014 05:45 am JST
  • Abe goes prospecting in Latin America

    BRASILIA, Brazil -- Japanese Prime Minister Shinzo Abe is rounding out a five-nation Latin American tour on which he has pitched Japanese technology and investment with 70-odd business leaders in tow. The visits form a visible part of Tokyo's ef

    August 2, 2014 05:35 am JST
  • Hyundai eyes Mexican plant, other steps against strong won

    SEOUL -- The Hyundai Motor group is moving to build more cars to local specifications in growth markets, aiming to expand the scope of its global business while minimizing the impact of the strong won back home. It plans to construct its first M

    August 2, 2014 04:38 am JST
  • Abe, Xi crisscross globe in race for emerging-market deals

    TOKYO -- Japan's Shinzo Abe has set foot on every continent save Antarctica since returning to the prime minister's office, most recently South America. All this economic diplomacy is meant to keep pace with China. Chinese President Xi Jinping s

    August 2, 2014 01:49 am JST
  • Japan, Chile to deepen mining ties: leaders

    SANTIAGO -- Japanese Prime Minister Shinzo Abe and Chile's President Michelle Bachelet agreed here Thursday to seek stronger cooperation on developing the Andean nation's abundant mineral resources. Japan imports 48% of its copper and 87% of its

    August 1, 2014 05:59 am JST
  • Japanese businesses increasingly smitten with Colombia

    BOGOTA -- Japanese companies are lining up to tap into Colombia's wealth of natural resources and promising infrastructure projects, and the South American country is more than willing to welcome them. At the ninth Japan-Colombia Joint Economic

    July 31, 2014 07:00 pm JST
  • Simon Smiles: How to avoid Olympic white elephants

    The soccer World Cup is over, and most Brazilians would rather forget the host nation's performances. But the country will be faced with a daily reminder of the summer of 2014, because many of the specially constructed stadiums and associated infras

    July 31, 2014 01:00 pm JST
  • Chinese yuan coming up in the world

    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 31, 2014 12:00 am JST