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  • Investors question Uber's value amid disarray

    PALO ALTO -- Disarray at Uber Technologies has led investors to question the company's heretofore massive value and added urgency to America's top ride-hailing service's search for a new CEO.The top post has sat vacant since founder Travis Kalanick

    August 24, 2017 04:01 am JST
  • Emerging nations pivot toward monetary easing

    NEW YORK/SAO PAULO -- Emerging nations are jumping on the monetary easing bandwagon just as advanced nations head toward tightening, taking advantage of slower inflation and a reduced risk of capital flight to nurse their economies back to health.Em

    August 24, 2017 02:09 am JST
  • Japan Tobacco staking growth on emerging markets

    TOKYO -- Japan Tobacco's pending purchase of a Philippine peer's tobacco assets continues a series of emerging-market acquisitions that have come to define the manufacturer's global strategy as growth in more developed cigarette markets plateaus.The

    August 23, 2017 06:11 am JST
  • China overtakes Venezuela as Cuba's largest trading partner

    MEXICO CITY -- Supported by exports of cars and electric equipment, China has overtaken Venezuela to become Cuba's largest trading partner, according to Cuba's National Statistics Office.Venezuela -- which has close political connections with the is

    August 21, 2017 06:01 pm 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
  • Chinese companies expanding presence in Brazil

    SAO PAULO -- Infrastructure investment by Chinese companies in Brazil is gathering steam as economic activity stagnates in the South American country.HNA Group signed a deal in July to partially acquire the rights to manage Rio de Janeiro-Galeao Int

    August 12, 2017 08:59 pm JST
  • Toyota to build Corolla sedans in US, not Mexico

    NAGOYA, Japan -- Toyota Motor intends to produce the Corolla at a newly announced U.S. factory, shifting plans for the compact car away from a plant under construction in Mexico that instead will be used for the Tacoma pickup truck, President Akio T

    August 5, 2017 04:35 am JST
  • Fiat India goes for aggressive pricing of Jeep to revive fortune

    NEW DELHI (NewsRise) -- Fiat Chrysler Automobiles' Jeep brand on Monday announced competitive prices for its Compass sport-utility vehicle in India, as the automaker seeks to revive its fortunes in one of the world's fastest-growing markets where it

    July 31, 2017 09:27 pm JST
  • Indian new tax erodes Godrej profit as retailers cut stocks

    MUMBAI (NewsRise) -- Godrej Consumer Products, controlled by billionaire Adi Godrej, reported a surprise 8.9% decline in first-quarter profit, after retailers cut down stocks of Cinthol soaps and Good knight mosquito repellents ahead of a major tax

    July 31, 2017 07:57 pm JST
  • Japan to keep reduced tariffs on imports from China, Brazil

    TOKYO -- Japan's Finance Ministry plans to expand the preferential tariff program as early as fiscal 2019 to prevent a spike in import levies on goods from China and other key trade partners.The expansion would cover roughly 600 items from emerging

    July 25, 2017 06:45 am JST
  • Vandana Hari

    OPEC needs clearly defined endgame to tame oil glut

    The biggest problem with last November's landmark agreement among OPEC and some major non-OPEC oil producers to reduce output is that it lacks a clearly defined measure of success. The world's inventory overhang has persisted through the first six m

    July 24, 2017 04:19 pm JST
  • Japanese telecom groups support smart farming abroad

    TOKYO -- Japanese telecommunications groups will use their expertise in "internet of things" technologies to support farming abroad.SoftBank Group will help rice growers in Colombia increase production. In a pilot study starting this month, sensors

    July 15, 2017 06:41 am JST
  • Troubles for top beef exporters feed higher global meat prices

    TOKYO -- Fatter prices for all types of meat may be on the cards as religious and health concerns threaten to curtail supply from the world's top beef exporting countries and leading importer China seeks to satisfy its appetite with other sources.In

    July 12, 2017 05:29 pm JST
  • China's CITIC Agri Fund buys Dow corn seed assets for $1.1 billion

    BEIJING (Reuters) -- A Chinese fund part-owned by congolomerate CITIC Ltd has paid $1.1 billion for some of Dow Chemical Co's corn seed business in Brazil, in a further sign of China's fast-expanding role in the global seed sector.The deal includes

    July 12, 2017 04:02 pm JST
  • TPP 11 to discuss writing US out of trade pact

    TOKYO -- Representatives of the 11 countries trying to salvage the Trans-Pacific Partnership trade and investment agreement will meet in Japan next week to discuss in depth for the first time how to proceed without America.The negotiators will gathe

    July 8, 2017 05:01 am JST
  • Nicholas Borroz: China and the US should cooperate in Latin America

    Mexico has alternatives to the U.S., Ildefonso Guajardo, the country's economy minister, made clear in recent comments amid demands by Washington to renegotiate the North American Free Trade Agreement. He suggested his country could shift its trade

    June 29, 2017 10:00 am JST
  • Monsanto exec sees China becoming reliant on corn imports

    TOKYO -- Chinese agriculture is in transition, with homegrown genetic modification techniques and "digital agriculture" on the way.U.S.-based Monsanto, the world's biggest supplier of seeds, has been at the forefront of global farming innovations. I

    June 28, 2017 12:11 pm JST
  • Taiwan sags under unrelenting Chinese diplomatic pressure

    TAIPEI -- China is on a relentless drive in ramping up diplomatic pressure on Taiwan by chipping away at the island's small remaining network of allies. China's latest move in a strategic soft power offensive against what it sees as a renegade provi

    June 22, 2017 07:32 pm JST
  • The AIIB adds members and distances itself from Beijing

    JEJU, South Korea/BEIJING The Chinese-led Asian Infrastructure Investment Bank admitted three new members on June 16 at the institution's second annual meeting, lifting its roster to 80 even as the bank continues its cautious approach in deploying c

    June 22, 2017 10:00 am JST
  • Taiwan alarmed by Chinese overtures to its diplomatic allies

    TAIPEI/BEIJING After Panama became the latest country to sever diplomatic relations with Taiwan in favor of China on June 13, Taipei fears Beijing will step up its drive to recruit the island's remaining friends in Central and South America.The Taiw

    June 22, 2017 10:00 am JST