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  • Iron ore miners wonder who will crumble first

    BANGKOK -- Iron ore prices are down almost 40% this year, and many miners hope it has hit bottom. But recent events show that their problems may only get worse. Some weaker players are already failing, and experts forecast years of over-supply cause

    September 22, 2014 02:20 pm JST
  • Brazil needs a Thatcher (and it may get a Socialist one): fund exec

    SAO PAULO -- The Brazilian national soccer team's defeat on home soil at this year's World Cup had a curious side effect: It sent the country's stock market rallying. Frederico Mesnik, head of Brazilian fund management firm Humaita Investimentos, sa

    September 17, 2014 07:00 pm JST
  • Star Alliance rivals SkyTeam, oneworld close gap on global sky leader

    NEW YORK -- Three airline groups are intensifying their battle over which will take leadership of the skies. Though Star Alliance has been firmly in the lead, SkyTeam and oneworld are gaining ground by expanding services through the addiction of new

    September 16, 2014 01:00 pm JST
  • Woman power can add to Japan's growth: Lagarde

    TOKYO -- By helping women participate more in the workplace, Japan can add 0.25% to its economic growth rate each year, Christine Lagarde, managing director of the International Monetary Fund, said in Tokyo on Friday. Speaking at a forum titled

    September 12, 2014 02:25 pm JST
  • Nishikori among athletes who left Japan at young age

    TOKYO -- Kei Nishikori, the men's singles runner-up in the 2014 U.S. Open tennis tournament, is among a group of Japanese athletes who went overseas to train while in their early teens, improving their skills by competing with elite players from aro

    September 10, 2014 04:24 am JST
  • Vale chief sees iron ore prices recovering by year-end

    TOKYO -- Prices for iron ore have continued to fall due to a glut but will likely rebound this year, the head of Brazilian mining giant Vale told The Nikkei on Tuesday. Prices will probably recover to between $95 and $100 per ton by year-end, Pr

    September 10, 2014 02:36 am JST
  • Sumitomo Electric to build new Mexican autoparts plant

    OSAKA -- Sumitomo Electric Industries will construct a new autoparts plant in Mexico, anticipating growing demand there as major Japanese automakers continue to move into the country. The company said Monday that it will spend some 3 billion yen

    September 9, 2014 03:38 am JST
  • Itochu to buy half of Brazilian soy company

    TOKYO -- Itochu will take a 50% stake in Brazilian grain company Naturalle, which will seek to quadruple its annual collection of soybeans through its tie-up with the Japanese trading house. Naturalle breeds soybeans, sells their seeds to grower

    September 9, 2014 02:00 am JST
  • Ajinomoto decentralizing overseas ops

    TOKYO -- Japanese cuisine's growing popularity overseas is creating favorable business conditions for food makers. Companies such as Ajinomoto often face big hurdles to overseas expansion because culinary cultures vary from nation to nation. In

    September 8, 2014 01:00 pm JST
  • Takeda to start final dengue vaccine trials in fiscal 2015

    TOKYO -- Japan's Takeda Pharmaceutical plans to begin next fiscal year the last phase of clinical trials for a vaccine against dengue fever, paving the way for inoculation against the mosquito-borne disease. The vaccine, which uses attenuated li

    September 8, 2014 01:38 am JST
  • Stephen Grenville: How to reboot world trade talks

    Expanding trade has been the lynchpin of globalization. Total world trade rose from 42% of global gross domestic product in 1980 to 62% in 2007, according to the International Monetary Fund. Trade slowed during the 2008 crisis and since then has bar

    September 2, 2014 01:00 pm JST
  • Omron to buy Brazilian health care device maker NS

    TOKYO -- Medical equipment producer Omron will acquire Brazilian peer NS Industria de Aparelhos Medicos for about 10 billion yen ($95.1 million) through a subsidiary. The Japanese company has reached an agreement with current shareholders of NS.

    September 2, 2014 02:45 am JST
  • 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