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  • Sreeram Chaulia

    Panama's wake-up call for Taiwan

    The decision by Panama on June 12 to sever diplomatic ties with Taiwan should ring alarm bells for the island territory that is officially known as Republic of China. With just 20 countries left that recognize Taipei, its fight to win official inter

    June 15, 2017 07:45 pm JST
  • Indonesia's Kalla: TPP has lost its 'allure' without US

    Indonesia has lost its motivation to join the Trans-Pacific Partnership due to the U.S. withdrawal from the trade pact, the Southeast Asian country's vice president said in an interview."The allure of the TPP for Indonesia was the fact that the U.S.

    June 15, 2017 10:00 am JST
  • Taiwan alarmed by Chinese overtures to its diplomatic allies

    TAIPEI/BEIJING -- After Panama announced Tuesday it is severing ties with Taiwan in favor of China, Taipei fears that the mainland will ramp up efforts to recruit the island's remaining friends in Central and South America.The Taiwanese president's

    June 14, 2017 06:00 am JST
  • Taiwan says feels sorry, angry as Panama switches diplomatic ties to China

    TAIPEI (Reuters) -- The Taiwan government said on Tuesday it feels very angry and sorry that Panama has switched diplomatic ties to China and that it will not compete with China in a diplomatic money game.The comments from the foreign affairs minist

    June 13, 2017 12:36 pm JST
  • Panama breaks with Taiwan as it establishes ties with China

    PANAMA CITY (Reuters) -- Panama's government said on Monday it had broken diplomatic ties with Taiwan as it established formal relations with China.In a statement, the Panamanian government said it recognized there was "only one China in the world"

    June 13, 2017 10:59 am JST
  • Nehginpao Kipgen

    Federalism, peace process on Suu Kyi's Canada agenda

    At the invitation of Canadian Prime Minister Justin Trudeau, Myanmar's State Counselor Aung San Suu Kyi is making her first trip to Canada as her country's de facto leader, from June 5 to 9. The two leaders plan to meet on June 7.The meeting is sign

    June 6, 2017 12:41 am JST
  • The Future of Asia 2017

    Indonesia has 'lost interest' in TPP without US, vice president says

    TOKYO -- Indonesia has lost its motivation to join the Trans-Pacific Partnership, due to the U.S. withdrawal from the trade pact, the Southeast Asian country's vice president told the Nikkei Asian Review in an interview on Monday."The allure of the

    June 5, 2017 06:38 pm JST
  • World Bank says trade, manufacturing to boost 2017 global growth

    WASHINGTON (Reuters) -- The World Bank on Sunday maintained its forecast that global growth will improve to 2.7 percent this year, citing a pickup in manufacturing and trade, improved market confidence and a recovery in commodity prices.The update o

    June 5, 2017 09:10 am JST
  • Nikkei tops 20,000 for 1st time in 18 months

    TOKYO -- Stocks opened higher on the Tokyo Stock Exchange Friday, lifting the benchmark Nikkei stock average above the 20,000 mark for the first time in 18 months.The 225-issue Nikkei Stock Average rose 279.28 points in morning trade, from Thursday

    June 2, 2017 07:05 pm JST
  • OPEC extends oil output cut by nine months to fight glut

    VIENNA (Reuters) -- OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three y

    May 25, 2017 08:50 pm JST
  • SoftBank invests $100m in Brazilian ride-hailing app 99

    QUITO, Ecuador -- Japan's SoftBank Group has agreed to invest $100 million in Brazilian ride-hailing app provider 99, the startup said on Wednesday.The Brazilian company is expected to use the fresh funds to expand its reach in Latin America.99 has

    May 25, 2017 10:58 am JST
  • Cobalt and lithium are ones to watch in 2017

    SYDNEY Cobalt may be the most interesting commodity to watch in 2017.With global carmakers committed to producing more electric vehicles amid changes in battery technologies, Macquarie Research has projected that demand for cobalt-cathode batteries

    May 25, 2017 10:00 am JST
  • 'TPP 11' are working to save the trade deal, but members remain far apart

    HANOI The remaining members of the Trans-Pacific Partnership trade deal showed at least some level of unity in a statement May 21, but the outlook for a "TPP 11" version of the trade pact after the U.S. bailed on the deal looks hazy as gaps remain o

    May 25, 2017 10:00 am JST
  • Brazilian ride-hailing app 99 raises $100m from SoftBank

    SAO PAULO (Reuters) -- Japan's SoftBank Group Corp agreed to invest $100 million in Brazilian ride-hailing app 99, the startup said on Wednesday, capping off a fund-raising round totaling more than $200 million.Press representatives for 99 declined

    May 25, 2017 06:35 am JST
  • 'TPP 11' make show of unity, but members remain far apart

    HANOI -- The remaining members of the Trans-Pacific Partnership showed some level of unity in a statement Sunday, but the outlook for a "TPP 11" version of the trade pact after the U.S. ditched the deal looks hazy amid gaps on some issues.Ministers

    May 22, 2017 02:40 am JST
  • Gordon French: As domestic returns wane, Japanese investors should go south

    If finance was science fiction, Japanese pension funds and insurance companies would be the inhabitants of a planet where the most precious commodity -- return on investment -- has all but disappeared. Now they must leave behind their familiar plane

    May 18, 2017 10:00 am JST
  • Japan to push for 'TPP 11' by year-end

    TOKYO -- Japan on May 21 will call on the 10 other remaining members of the Trans-Pacific Partnership to come to a general agreement by the end of the year on implementing an accord without the U.S. It will make the push during a meeting in Vietnam.

    May 14, 2017 02:00 am JST
  • Bulk carriers' freight rates plunge 40% in a month

    TOKYO/HONG KONG -- China and its piles of iron ore have pressured shipping companies to cut freight rates around the globe. In the past month, rates for bulk carriers have plunged 40% -- largely because China is in no rush to import more.The index f

    May 11, 2017 04:00 pm JST
  • TPP members agree to go on minus US, but differ on terms

    TORONTO -- The 11 remaining Trans-Pacific Partnership members agreed over two-day talks here to resuscitate the trade pact without the U.S., but differences remained over the shape the new deal would take.The gathered representatives agreed to "keep

    May 5, 2017 02:20 am JST
  • New Pacific trade pact goes against the protectionist tide

    AUCKLAND With international trade deals around the world breaking down, a new pact among 14 Pacific nations offers hope of progress even if its impact is likely to be mostly symbolic.Australia, New Zealand and 12 smaller island nations are to sign t

    May 4, 2017 10:00 am JST