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  • Stephen Grenville: Low oil prices provide a fleeting chance for reform

    If the global price of oil had jumped by 50%, there is little doubt that economic commentators would be calling it a disaster for world growth. The price has in fact fallen by more than 50% since last June, but this ray of good news has not yet pier

    January 22, 2015 12:00 am JST
  • On legal thin ice

    Taxi dispatch apps fighting for piece of Vietnam

    TOKYO -- More Vietnamese are using taxi dispatch apps on their smartphones. But the Vietnamese government is hinting that it may more tightly regulate the fledgling industry. And one municipality has introduced its own "official" competing app.

    January 16, 2015 01:00 pm JST
  • Iron ore

    Fortescue under scrutiny as Australian crisis deepens

    BANGKOK -- Debt laden Fortescue Metals Group, the world's fourth largest iron ore miner by production volume, is coming under growing market scrutiny amid slowing economic growth in China, the biggest importer of the commodity. Iron ore prices f

    January 15, 2015 07:45 pm JST
  • Commodity market

    Oil, nonferrous metals continue slide

    TOKYO -- International prices of crude oil, copper and other commodities keep falling, as worries persist that demand may slow in China and other emerging markets. Dubai crude, the benchmark for the Asian market, dropped to $42.60 a barrel on We

    January 15, 2015 07:01 am JST
  • Curtis S. Chin and Jose B. Collazo: Asia infrastructure needs reform, not more development banks

    Amid talk of the "Asian century," one of the most important questions is how best to finance the continent's tremendous infrastructure needs. Whether crumbling roads in the Philippines or power blackouts in India, the region's physical infrastructur

    January 15, 2015 12:00 am JST
  • Venezuela's reverse oil shock

    Embattled Maduro calls on foreign friends

    SAO PAULO -- As his country's economy reels from the plunge in the price of crude oil, Venezuelan President Nicolas Maduro is on a diplomatic tour to drum up support from its biggest donor and to strengthen ties with fellow OPEC members. "Good n

    January 9, 2015 07:34 am JST
  • China aims to double trade with Latin America in next 10 years

    BEIJING (Kyodo) -- China is seeking to double the value of its trade with Latin America within the next 10 years, President Xi Jinping said Thursday, as the world's second-largest economy steps up its influence in a region seen traditionally as the

    January 8, 2015 08:09 pm JST
  • Shifting strategy

    Takeda to tout new drugs in emerging markets

    TOKYO -- Takeda Pharmaceutical is shifting the emphasis of its marketing activities in China, Russia and Brazil from off-patent drugs to newly developed treatments. To date, the company's business model for emerging economies has been to emphasi

    January 8, 2015 04:31 am JST
  • Global risk

    Crude shock could squeeze spending in exporting countries

    CAIRO -- Falling crude oil prices may be a boon to the global economy as a whole, but the accelerating pace of declines since the start of the year is raising concerns among oil-producing countries, which could be forced to take such measures as spe

    January 7, 2015 05:49 am JST
  • From Asia to the world

    Japanese truckmakers to export more Asian output

    TOKYO -- Japanese commercial-vehicle manufacturers are exporting more of their Asian output to the rest of the world in order to stabilize production volumes and cultivate new markets in Africa and elsewhere. In Thailand, Isuzu Motors will incre

    January 5, 2015 02:26 am JST
  • Brand power

    Seeking to boost recognition, Nissan turns to sports sponsorship

    TOKYO -- Nissan Motor is stepping up its efforts to boost its brand image around the globe by becoming a sponsor of major sporting events. The Japanese automaker signed a contract earlier this year to sponsor the UEFA Champions League from this

    January 3, 2015 01:00 pm JST
  • Emerging global risks

    Ebola, terrorism and the return on capital

    In 2014, Russo-U.S. ties soured, the extremist Islamic State group turned terrorism uglier, and Ebola killed thousands and frightened millions. These and other threats appeared quickly and sent ripples far and wide. Russia is heavily involved in

    December 31, 2014 01:00 pm JST
  • Curtis S. Chin and Jose B. Collazo

    Asia infrastructure needs reform not more development banks

    Amid talk of the "Asian century," one of the most important questions is how best to finance the continent's tremendous infrastructure needs. Whether crumbling roads in the Philippines or power blackouts in India, the region's physical infrastructur

    December 29, 2014 12:00 pm JST
  • Nicaragua canal

    China helping build Panama alternative

    SAO PAULO - Nicaragua's coming canal will link the Atlantic and Pacific oceans and rival Panama's. Work on the new waterway, which will be funded by a China looking to expand its presence in the region, began Monday. Jostling for influence in th

    December 25, 2014 07:00 pm JST
  • Keith B. Richburg: Obama opens the door to Cuba -- with implications for Asia

    President Barack Obama's dramatic announcement of the U.S.'s diplomatic rapprochement with Cuba was a bold stroke. It underscores Obama's preference for engaging rather than isolating countries with which the U.S. has major differences. The move als

    December 25, 2014 12:00 am JST
  • Taxiing for takeoff

    Brazil's Embraer eyes new turf in Asia

    SAO PAULO -- The world's third-largest airplane maker, Embraer, will step up its business targeting airlines in Asia's rapidly growing markets, hoping to win orders for regional jets ahead of newcomers. The Brazilian company is particularly inte

    December 23, 2014 07:31 am JST
  • Keith B. Richburg

    For Obama and the world, Cuba gamble holds promise of rich rewards

    President Barack Obama's dramatic Dec. 17 announcement of America's diplomatic rapprochement with Cuba, after five decades of sanctions and hostility, was a bold stroke reminiscent of President Richard Nixon's opening to China. Coming so soon after

    December 22, 2014 01:00 pm JST
  • Putin under pressure

    Beleaguered Russia faces a crossroads

    TOKYO -- Vladimir Putin's willingness to give ground and seek harmony with the West may determine not only the future of Russia but also global security down the road. Nine months after the annexation of most of the Crimean peninsula from Ukrain

    December 18, 2014 07:00 pm JST
  • Weakening Brazilian currency

    Sugar, coffee slide on bets of increased exports

    TOKYO -- International prices for sugar and coffee beans are falling on expectations that the Brazilian real's decline in value versus the dollar will prompt greater exports from the major producer of the commodities. The New York futures price

    December 18, 2014 04:15 am JST
  • UN talks agree building blocks for new-style climate deal in 2015

    LIMA (Reuters) -- About 190 nations agreed on Sunday the building blocks of a new-style global deal due in 2015 to combat climate change amid warnings that far tougher action will be needed to limit increases in global temperatures. Under the de

    December 14, 2014 06:18 pm JST