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  • Vandana Hari

    Is OPEC about to make the biggest mistake of the year?

    Less than two weeks before OPEC ministers gather in Vienna to decide the fate of crude production cuts beyond the March 2018 expiry of the current agreement, doubts have begun to surface about whether the organization will deliver on its promise. Fr

    November 21, 2017 01:00 pm JST
  • New tuberculosis drug making its way to India and Russia

    TOKYO -- With tuberculosis killing 1.67 million people every year, Otsuka Pharmaceutical is expediting deliveries of a new drug called Delamanid to India and other developing countries that are desperate for a cure.Along the way it has been forming

    November 19, 2017 11:03 pm JST
  • China's Geely targets Russian market with new Belarus plant

    MINSK/MOSCOW (Reuters) -- A joint venture between Belarus and Chinese carmaker Geely on Friday unveiled a plant producing Belarussian-made vehicles, targeting the Russian market.The investment is a measure of growing political ties between China and

    November 18, 2017 03:40 am JST
  • A diverse company needs diverse staff, says Mitsui & Co. chief

    Diversified businesses need diverse human resources to thrive, Mitsui & Co. President and CEO Tatsuo Yasunaga said. "People are the source of our innovation and progress."The Japanese trading house dates back to 1876. Throughout its history, Yasunag

    November 16, 2017 10:00 am JST
  • Putin links Japan-U.S. alliance to peace treaty with Russia

    DANANG, Vietnam (Kyodo) -- Russian President Vladimir Putin said Saturday that Japan's security obligations to its allies must be assessed when discussing a pending post-World War II peace treaty between Moscow and Tokyo.Putin has previously raised

    November 12, 2017 12:36 pm JST
  • Trump's isolation stands out as APEC leaders embrace multilateralism

    DANANG, Vietnam - The two-day gathering of the leaders of the Asia-Pacific Economic Cooperation closed on Saturday afternoon with a declaration of collective support for free trade and inclusive economic growth.The leaders focused mainly on trade an

    November 12, 2017 03:51 am JST
  • APEC statement addresses Trump criticism of 'unfair trade'

    DANANG, Vietnam -- Leaders of the Asia-Pacific Economic Cooperation (APEC) member states called for reciprocal trade and a fight against "all unfair trade practices" on Nov. 11, a move heavily influenced by complaints from U.S. President Donald Trum

    November 11, 2017 09:28 pm JST
  • APEC leaders agree to address 'unfair trade practices'

    DANANG, Vietnam (Reuters) -- Asia-Pacific leaders on Saturday agreed to address "unfair trade practices" and urgently called for the removal of "market distorting subsidies," in contrast to communiques they have issued in the past.A joint statement

    November 11, 2017 08:59 pm JST
  • Abe, Putin keep ball rolling on economic deal for disputed islands

    DANANG, Vietnam -- Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin agreed Friday to continue negotiating toward economic cooperation in a disputed set of islands, with Abe also calling for Moscow's support in pressuring North

    November 11, 2017 07:51 am JST
  • Big week ahead for Asia's politics and economy

    TOKYO -- Leaders from the Asia-Pacific Economic Cooperation forum and the Association of Southeast Asian Nations will hold a string of meetings over the course of the next seven days in what is shaping up to be a week that could decide the future po

    November 9, 2017 10:34 am JST
  • Global Management Forum

    Diverse talent makes the difference for conglomerates: Mitsui CEO

    TOKYO -- Diversified businesses need diverse human resources to thrive, Mitsui & Co. President and CEO Tatsuo Yasunaga told a conference on Tuesday."People are the source of our innovation and progress," Yasunaga told the Nikkei Global Management Fo

    November 7, 2017 01:58 pm JST
  • Anthony Rowley

    China's BRI could be administrative nightmare

    A kind of new "Wild West" is opening up for China in Central Asia and beyond as Beijing pursues its ambitious Belt and Road Initiative across Eurasia. Policing this vast project may require a "sheriff" in the shape of a new multilateral institution.

    October 31, 2017 10:47 am JST
  • 'Iron silk road' threatens to sidetrack Russia

    BAKU -- The leaders of Turkey, Azerbaijan and Georgia officially opened Baku-Tbilisi-Kars railway here in the Azerbaijani capital on Monday, opening the possibility of a southern route for trade between China and Europe."Today we are opening an impo

    October 31, 2017 02:08 am JST
  • Adventurer sparks Eurasian rebirth of hiking tourism

    YEREVAN, Armenia -- The international group of young adventurers who set up operations in a disused building on the outskirts of Dilijan National Park, a two hours' drive north of the Armenian capital, do not quite look like game-changers.Indeed, th

    October 28, 2017 11:30 am JST
  • Asia-Pacific overtakes US as home to most billionaires

    HONG KONG -- With 162 newcomers joining the billionaire club in 2016, the Asia-Pacific region has surpassed the U.S. for the first time as the home of the world's super-rich, according to a study released Thursday by the Swiss private bank UBS and g

    October 27, 2017 02:37 am JST
  • Russian and Chinese heads of state to meet in first half of Nov

    MOSCOW (Reuters) -- Russian President Vladimir Putin on Thursday held a telephone conversation with his Chinese counterpart Xi Jinping, and the two leaders agreed to meet in the first half of November, the Kremlin said.The meeting will take place on

    October 27, 2017 01:36 am JST
  • Jonathan Hillman: How to acquire territory -- it's not like buying Alaska anymore

    It was an epic swindling or a strategic bargain, depending on who you ask. When the U.S. took possession of Alaska from Russia on Oct. 18, 150 years ago, it paid less than two cents an acre. Some economists have dubbed it a losing investment, while

    October 26, 2017 10:00 am JST
  • New wave of cyber attacks hits Russia, other nations

    KIEV/MOSCOW (Reuters) -- Cyber attacks using malware called "BadRabbit" hit Russia and other nations on Tuesday, affecting Russian Interfax news agency and causing flight delays at Ukraine's Odessa airport.While no major outages were reported, the U

    October 25, 2017 05:50 am JST
  • Shinzo Abe, the "comeback kid" of Japanese politics

    TOKYO -- Despite being born into Japan's political royalty, Shinzo Abe, 63, is a man of drive and determination.That may not be so surprising. Perhaps he needs to live up to the legacy of his father Shintaro, a former foreign minister, or that of hi

    October 22, 2017 11:56 pm JST
  • North Korea says to continue nuclear tests: RIA

    MOSCOW (Reuters) -- A North Korean diplomat said on Friday that Pyongyang intended to continue its nuclear testing programme in the interests of self-defence and accused U.S. President Donald Trump of playing "nuclear football," the RIA news agency

    October 21, 2017 02:29 am JST