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  • China takes clean energy lessons from Portugal's EDP

    LISBON -- China Three Gorges is expanding a foothold in clean energy in Portugal, where it has been the biggest shareholder in Energias de Portugal, a local utility company, since 2012.CTG, a Chinese state-owned energy company, bought 49% of EDP's s

    August 17, 2017 12:10 pm JST
  • Russia, Ukraine trade blame in likely tech leak to Pyongyang

    MOSCOW -- Evidence that Soviet rocket engines played a key role in North Korea's missile development has Russia and Ukraine each lobbing allegations that the other supplied those critical parts, deepening the tensions that might have produced the ap

    August 17, 2017 05:20 am JST
  • Japan Market Pulse

    Tokyo stocks getting little love from oil-rich nations

    TOKYO -- The Japanese stock market has been stuck in slow motion of late, apparently failing to garner much interest from overseas investors such as sovereign wealth funds of oil-producing countries.The benchmark Nikkei Stock Average edged down 0.12

    August 17, 2017 04:29 am JST
  • Trump disbands business councils after CEOs exit in protest

    WASHINGTON/NEW YORK (Reuters) -- U.S. President Donald Trump disbanded two high-profile business advisory councils on Wednesday after corporate CEOs quit in protest at his remarks blaming violence in Charlottesville, Virginia, not only on white nati

    August 17, 2017 03:56 am JST
  • Trump praises North Korea's Kim for 'wise' decision on Guam

    WASHINGTON (Reuters) -- U.S. President Donald Trump on Wednesday praised North Korean leader Kim Jong Un for a "wise" decision not to fire missiles towards the U.S. Pacific territory of Guam, which has eased escalating tension between the two countr

    August 17, 2017 03:31 am JST
  • Foreign financial institutions set sail for Japan once more

    TOKYO -- Foreign financial institutions that fled Japan en masse following the 2008 global financial crisis are charting courses back, smelling demand from banks struggling under negative interest rates, and the government is welcoming them.Toronto-

    August 17, 2017 02:08 am JST
  • Japan's financial companies looking to Frankfurt, Amsterdam as next EU centers

    TOKYO -- Japanese megabanks and other financial establishments are reorganizing their operations in Europe out of concern about the U.K.'s expected departure from the European Union in 2019. Their biggest fear is losing the "passporting" rights they

    August 16, 2017 05:12 pm JST
  • Radu Magdin

    How Eastern Europe views China's Belt and Road Initiative

    Central and Eastern European countries, or CEE, are currently facing a tough choice within the European Union: deeper integration led by Germany and France or political marginalization. With Western Europe and the U.S. growing apart and favoring ver

    August 16, 2017 02:00 pm JST
  • Japan Market Pulse

    North Korea prompts silent retreat from junk bonds

    TOKYO -- The threats arising from Pyongyang's provocations and the U.S. central bank's looming decision to shrink asset holdings are quietly sapping the appetite to invest in junk bonds, a trend that could ensnare Japanese equities.Signs of the shif

    August 16, 2017 04:48 am JST
  • London Metal Exchange faces turning point as trading dwindles

    TOKYO -- Despite its status as the global benchmark for nonferrous metals, the nearly 140-year-old London Metal Exchange is struggling to stem a decline in trading volume amid pressure from parent Hong Kong Exchanges and Clearing to turn things arou

    August 15, 2017 04:46 pm JST
  • North Korea's Kim holds off on Guam plan; U.S says it can intercept missile

    SEOUL/WASHINGTON (Reuters) -- North Korea's leader has delayed a decision on firing missiles towards the U.S. territory of Guam while he watches the actions of the United States a little longer, the North's state media said on Tuesday, as Washington

    August 15, 2017 10:24 am JST
  • Michael O'Sullivan and David Skilling

    Rising rates pose challenge for Asia's trading economies

    At the 10th anniversary of the start of the global financial crisis, the remedies put in place to staunch its financial and economic effects remain. However, in a sign that the global economy has stabilized, central bankers are signaling the end of

    August 15, 2017 09:00 am JST
  • Germany's Kuka arms self-driving cart for bigger factory role

    TOKYO -- Kuka, one of the world's leading makers of industrial robots, is expanding its lineup with a self-driving assistant capable of picking parts off shelves and handing them to human workers.The Germany-based group, which came under the wing of

    August 15, 2017 06:08 am JST
  • French food group Danone's shares rise after bid speculation report

    PARIS (Reuters) -- Shares in French food group Danone rose on Monday after the New York Post newspaper said in a report over the weekend that Danone could be a takeover target.Danone's shares were up 1.5 percent at 65.86 euros at 1030 GMT, valuing t

    August 15, 2017 12:14 am JST
  • Angel Gurria

    Making the digital age work for ASEAN

    Southeast Asia is one of the world's most dynamic regions, with vast endowments of natural resources, an increasingly diversified economy, an expanding middle class and growing global influence. With the launch of the ASEAN Economic Community in 201

    August 14, 2017 09:00 am JST
  • Japan lags behind on free trade, despite EU partnership

    TOKYO -- The share of Japan's total trade which is covered by free trade pacts or economic partnership agreements will stand at a little more than 30% when its EPA signed with the European Union takes effect, according to data from the Japan Externa

    August 13, 2017 12:54 am JST
  • Tata Motors and Volkswagen Group halt partnership talks

    MUMBAI -- India's Tata Motors and Skoda Auto, part of Germany's Volkswagen Group, have called off talks of a partnership that would have involved sharing manufacturing facilities and car platforms.The companies said the sorts of collaboration discus

    August 11, 2017 09:09 pm JST
  • BBC mulling micropayments for news site, executive says

    TOKYO -- The British Broadcasting Corp. could start charging for news on the web to offset flagging advertising revenue, the head of a commercial unit tells The Nikkei.BBC Global News is considering such options as a "micropayment" system offering a

    August 11, 2017 07:25 am JST
  • JR East, Abellio clinch UK rail franchise

    TOKYO -- East Japan Railway, Dutch rail operator Abellio and Japanese trading house Mitsui & Co. won a license to operate the U.K.'s West Midlands rail network starting in December, it was announced Thursday, marking JR East's first time running tra

    August 11, 2017 07:21 am JST
  • Foreign scrutiny 'impacting Chinese dealmakers'

    HONG KONG -- The drive for protectionism and growing hostility to foreign investments are forcing Chinese dealmakers to revise their strategies when acquiring assets abroad.The U.S. is mulling strengthening the role of the Committee on Foreign Inves

    August 11, 2017 01:33 am JST