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  • Japan offers aid to Bangladesh to alleviate Rohingya refugee crisis

    COX'S BAZAR, Bangladesh (Kyodo) -- Japanese Foreign Minister Taro Kono met his Bangladeshi counterpart Abul Hassan Mahmud Ali and pledged $18.6 million in humanitarian aid to improve conditions for Rohingya Muslim refugees who fled violence in neig

    November 19, 2017 09:24 pm JST
  • Thomas Mayer

    Hold prices stable or save the euro, the ECB must choose

    The European Central Bank has decided to reduce its monthly asset purchases by half to 30 billion euros ($34.9 billion), as of the beginning of next year. The purchases are to last until at least September 2018, or longer if need be.Interest rates a

    November 19, 2017 07:00 am JST
  • Governments keep global climate deal on track despite U.S. pullout

    BONN, Germany (Reuters) -- Almost 200 nations kept a 2015 global agreement to tackle climate change on track on Saturday after marathon talks overshadowed by U.S. President Donald Trump's decision to pull out.Fijian Prime Minister Frank Bainimarama,

    November 18, 2017 07:28 pm JST
  • Japan's big new trade deals still face tricky endgame

    TOKYO -- As major trade agreements with Pacific Rim economies and Europe edge closer to taking effect in 2019 as hoped for Japan, hurdles remain at home and abroad before the country can reap the benefits. The 11 Trans-Pacific Partnership members re

    November 18, 2017 06:24 am JST
  • Electric cars not ready for mass production yet: Toyota chairman to Spiegel

    FRANKFURT (Reuters) -- Battery-powered cars are not ready for mass production yet, the chairman of Japan's Toyota Motor Corp told a German magazine, adding that he did not see U.S. electric vehicle pioneer Tesla as a role model."Battery-powered cars

    November 18, 2017 03:48 am JST
  • Japanese satellite to beam down emissions data for emerging Asia

    BONN, Germany -- Japan plans to launch a satellite to track greenhouse gases, aiming to help less-developed Southeast Asian countries and Pacific islands confront climate change. Environment Minister Masaharu Nakagawa unveiled the plan on Wednesday

    November 16, 2017 01:46 pm JST
  • France, Germany urge more action on climate after Trump quits

    BONN, Germany (Reuters) -- The leaders of Germany and France promised to limit the use of coal on Wednesday and urged more global action to combat global warming after U.S. President Donald Trump pulled out of the 2015 Paris agreement.German Chancel

    November 16, 2017 12:59 pm JST
  • Singles Day shows that the 'Alibaba effect' has global legs

    SHANGHAI China's Singles Day festival on Nov. 11 generated a record 168.3 billion yuan ($25.3 billion) in sales on Alibaba's online platforms, up 39% from a year earlier, the e-commerce conglomerate said."More than $25 billion of [gross merchandise

    November 16, 2017 10:00 am JST
  • Japan, EU agree to finalize trade pact by yearend

    TOKYO -- Japan and the European Union will work toward signing their economic partnership agreement by the end of the year by removing contentious provisions on corporate-government disputes from the deal.In separate phone conversations Wednesday wi

    November 16, 2017 04:38 am JST
  • Indonesia and Malaysia fire back at EU in palm oil war

    JAKARTA/KUALA LUMPUR -- Indonesia and Malaysia are considering joint action to counter possible European Union restrictions on the import of palm oil. The two countries, which account for 82% of global palm oil output, raised the issue of import res

    November 15, 2017 07:09 pm JST
  • While courting Trump, Japan casts net wider for trade deals

    TOKYO -- Japan is enlarging its network of free trade partners both through huge bilateral deals and multilateral groups like the Trans-Pacific Partnership, an approach that contrasts with America's pursuit of two-way ties targeting "unfair" relatio

    November 15, 2017 01:00 pm JST
  • Interview

    Al Gore faults Japan for subsidizing coal

    TOKYO -- Al Gore says China is taking center stage not only in economic terms but also in the climate debate as the U.S. and Japan fail to exercise strong leadership."President Xi Jinping has made a very bold commitment to position China as the worl

    November 15, 2017 11:48 am JST
  • Japan eyes new farm aid to soften blow from trade deals

    TOKYO -- The Japanese government is moving to greenlight roughly 300 billion yen ($2.64 billion) in spending this fiscal year to help farmers facing low-cost imports under new free trade agreements.This would come on top of the money that began to b

    November 15, 2017 07:05 am JST
  • Japan and EU clear way for trade pact by year's end

    TOKYO -- Japan and the European Union are expected to finalize an economic partnership agreement within the year by shelving provisions on resolving investment disputes, a major sticking point in the negotiations.The two sides will affirm that cours

    November 15, 2017 02:27 am JST
  • The 'Alibaba effect' goes global

    SHANGHAI -- China's Singles Day festival on Saturday generated a record 168.3 billion yuan ($25.3 billion) in sales on Alibaba's online platforms, up 39% from a year earlier, the e-commerce conglomerate said."More than $25 billion of [gross merchand

    November 13, 2017 07:14 pm JST
  • IHS Markit sees 'alternative' data fueling growth, president says

    HONG KONG -- Analytics provider IHS Markit calculates that its growth will stem from the rising need to combine financial information with "alternative" types of data as companies seek to make strategic decisions or fulfill regulatory requirements,

    November 13, 2017 09:00 am JST
  • Next-gen motorbikes recognize your face and balance themselves

    TOKYO -- Japanese motorcycle makers, struggling with a shrinking and graying market, are desperate to attract a new generation of riders. They are hoping that flashy new technologies -- including electric power, self-balancing capabilities and inter

    November 12, 2017 03:21 pm JST
  • Takata set to deliver restructuring plan this month

    TOKYO -- Japan's Takata looks to file a turnaround plan with a Tokyo court by Nov. 27 that would have the scandal-rocked air bag maker sell nearly all operations to U.S. peer Key Safety Systems as soon as next spring.The companies are thought to be

    November 11, 2017 03:03 am JST
  • Indorama Ventures buying plastic feedstock maker in Portugal

    BANGKOK -- Thai petrochemical company Indorama Ventures said Thursday it will acquire a Portuguese plant making a feedstock for PET, one of the most commonly used plastics.The plan is to purchase Artlant PTA, which produces purified terephthalic aci

    November 10, 2017 01:19 am JST
  • Tata Motors' profit beats estimates as Jaguar Land Rover sales surge

    MUMBAI (NewsRise) -- Tata Motors, India's top automaker by revenue, reported a three-fold jump in second-quarter net profit that exceeded estimates after sales at its British luxury unit Jaguar Land Rover surged.Consolidated net profit for the quart

    November 9, 2017 09:50 pm JST