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  • Obama seeks North American 'united front' on TPP

    WASHINGTON -- The leaders of the U.S., Canada and Mexico will push together for a quick but ambitious cross-Pacific trade deal and are likely to bring their combined pressure to bear on Japan and other Asian partners. The trio, partners in the 2

    February 21, 2014 06:58 am JST
  • Antarctic penguins, meet your neighbors: the Chinese

    BEIJING -- China, ever keen to exploit natural resources in nearby waters, is also looking much farther afield -- to the Antarctic. The country is actively investing in scientific research in the icy region. On Feb. 8, China opened its fourth An

    February 20, 2014 07:00 pm JST
  • Global shipping

    It's Europe against Asia

    FRANKFURT/BEIJING -- Europe's shipping industry is realigning itself to better compete against Asian rivals. Germany's Hapag-Lloyd, the world's sixth-largest container line, has merged with No. 20 CSAV of Chile to become the fourth-largest operator.

    February 20, 2014 07:00 am JST
  • G-20 heavyweights to urge reform for fragile emerging markets

    TOKYO -- The plight of developing economies facing capital flight is expected to be a major focus of the Group of 20 meeting of finance ministers and central bank governors opening in Australia Saturday, but opinions vary widely on the main causes a

    February 20, 2014 06:25 am JST
  • Calsonic's operating profit from Americas may hit record

    TOKYO -- Calsonic Kansei's operating profit from the Americas for the year ending March 31 could match a record 8.1 billion yen ($78.4 million) set in fiscal 2005. This marks a sharp turnaround from a 1.5 billion yen operating loss suffered in t

    February 20, 2014 03:08 am JST
  • Mitsubishi, Colombian firm team in Asian instant-coffee sales

    TOKYO -- Mitsubishi Corp. is partnering with a major Colombian food producer to launch sales of instant coffee in Asia. As early as this spring, the Japanese trading house will set up a joint venture company in Malaysia with Colombia's Grupo Nut

    February 18, 2014 02:11 am JST
  • Crazy weather disrupting economic activity worldwide

    LONDON -- A merciless cold snap gripping the U.S., blizzards burying Japan, record rainfall inundating the U.K., and droughts searing South America. Abnormal weather patterns are wreaking havoc across the world, and while the impact on production is

    February 15, 2014 06:33 am JST
  • Keep an eye on the commodities price conundrum

    It's a bit of a puzzle. Growth in the biggest emerging markets, China included, has slowed in recent months. The dollar, meanwhile, has been gaining strength. In principle, this should send commodity prices tumbling. And yet they are generally h

    February 13, 2014 12:00 am JST
  • Global copper shortage expected to last through summer

    TOKYO -- Copper is expected to remain in short supply globally until this summer, despite there being a surplus of copper ore, according to industry officials. A lack of refining capacity will likely cause a rise in copper metal prices. Copper i

    February 13, 2014 12:00 am JST
  • Investors flee the Fragile Five for the PIIGS

    NEW YORK -- Funds specializing in emerging country stocks are losing their investors. Fast. Blame the sharp declines in the value of certain currencies -- a trend that took hold at the beginning of this year. The outflow of money from funds inve

    February 12, 2014 01:00 pm JST
  • Japanese car insurers look overseas

    TOKYO -- Japanese nonlife insurance companies are stepping up efforts to expand their automobile insurance businesses overseas. They aim to find new business opportunities by taking advantage of the know-how they have accumulated in Japan. The d

    February 11, 2014 01:00 pm JST
  • Hopes dim for Brazil's infrastructure after blackout

    SAO PAULO -- With the World Cup only four months away, a recent massive power outage in Brazil has fueled concerns about the country's sluggish progress on much-needed infrastructure improvements. Tuesday afternoon's blackout affected some 6 milli

    February 8, 2014 07:00 am JST
  • Developed nations bring back investors as emerging economies lose luster

    TOKYO -- Since the 1990s until recently, Japan's individual funds have had great success with emerging economies. This, however, appears to be changing as emerging economies lose their appeal for many investors. The focus is again on developed count

    February 6, 2014 01:00 pm JST
  • Chinese moves obfuscate grain outlook

    TOKYO -- China, the world's leading importer of cereals, has shaken up the grain market with a series of unexpected moves. The Asian country's behavior has led to a change in trade patterns, with U.S. soybean prices staying solid at a time when

    February 6, 2014 12:00 am JST
  • Lenovo aims to repeat PC trick with Motorola buy

    BEIJING -- Chinese personal computer giant Lenovo Group said Jan. 30 it will buy Motorola Mobility, a mobile device maker, from Internet search giant Google, just days after announcing it was acquiring IBM's low-end server business. In less than

    February 6, 2014 12:00 am JST
  • End of easy-money era exposing flaws of emerging economies

    NEW YORK -- Strains on emerging markets are growing apparent as the U.S. Federal Reserve slowly retreats from quantitative easing, accelerating outflows of money from these markets. The situation resonates with famed investor Warren Buffett's ma

    February 4, 2014 06:43 am JST
  • Lenovo aims to repeat PC trick with Motorola buy

    BEIJING -- Chinese personal computer giant Lenovo Group said Thursday it will buy Motorola Mobility, a mobile device maker, from Internet search giant Google, just days after announcing it was acquiring IBM's low-end server business. In les

    January 31, 2014 07:00 pm JST
  • International grain prices sway to China's whims

    TOKYO -- The eyes of international grain markets are on China now more than ever as the world's leading importer of cereals has made some unexpected moves in recent months. Even though the soy harvest in Brazil has begun, China is still taking

    January 30, 2014 01:00 pm JST
  • Inflation-wary emerging economies go for rate hikes

    NEW DELHI -- Fighting inflation has become a new mantra for emerging economies like India, Brazil, Turkey and Indonesia as U.S. moves to curtail quantitative easing help weaken their currencies, pushing up the cost of imported goods in these countri

    January 29, 2014 02:00 am JST
  • Market focus turns to emerging economy risks

    TOKYO -- Risk-averse sentiment has spread in recent days as investors assess the effectiveness of measures in emerging economies to avert crises. In China, high-yield asset investment products called "wealth management products (WMPs)" looked at

    January 28, 2014 07:00 pm JST