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  • The productivity tightrope

    April 3, 2014 12:00 am JST
  • Singapore sovereign wealth fund GIC opens Brazil office

    SINGAPORE -- Singapore's sovereign wealth fund, GIC, opened an office in Sao Paulo to boost its investments in Latin America. The fund, which manages Singapore's foreign reserves, is a growing force in emerging markets, including Brazil. The ne

    April 2, 2014 07:00 pm JST
  • Huawei posts 34% net profit gain for fiscal 2013

    WUKAN, China -- Huawei Technologies Co.'s net profit rose 34% to 21 billion yuan ($3.46 billion) for the fiscal year ended Dec. 31, thanks to brisk sales of information systems and smartphones. Sales grew 9% to 239 billion yuan, according to the

    April 1, 2014 01:00 am JST
  • Indian generics maker to buy Mexican eye drug manufacturer

    TOKYO -- Indian generic-drug manufacturer Lupin will acquire Laboratorios Grin, a Mexican producer of ophthalmic medication, giving Lupin a foothold in a fast-growing market. Lupin will purchase all of Grin's outstanding shares for an undisclose

    April 1, 2014 12:10 am JST
  • Daikin heats up air conditioning business in Latin America

    OSAKA -- Major air conditioner manufacturer Daikin Industries plans to build new plants in Brazil, Mexico and Argentina next fiscal year, aiming to play catch-up in a region it has neglected. Latin America was essentially a blank in the Japanese

    March 30, 2014 07:00 am JST
  • Nations around the world jostle to carve up Antarctic resources

    TOKYO -- As summer sea ice levels continue to drop year by year, interest in developing undersea natural resources and opening new shipping routes through the Arctic region has been growing. While in Antarctica, at the other side of the world, some

    March 27, 2014 12:00 am JST
  • Nations around the world jostle to carve up Antarctic resources

    TOKYO -- As summer sea ice levels continue to drop year by year, interest in developing undersea natural resources and opening new shipping routes through the Arctic region has been growing. While in Antarctica, at the other side of the world, some

    March 27, 2014 12:00 am JST
  • Breakthrough sheds light on birth of the universe

    TOKYO -- Scientists have announced the first ever detection of so-called gravitational waves that are believed to have been generated in the first fraction of a second after the universe sprang into existence 13.8 billion years ago. The dis

    March 19, 2014 07:03 pm JST
  • Mitsubishi Motors readying new pickup for emerging markets

    TOKYO -- Mitsubishi Motors will launch the new version of its best-selling Triton pickup truck in a range of emerging markets in fiscal 2014, with a focus on Thailand. Drivers in more than 100 countries besides Japan, the U.S. and China will hav

    March 10, 2014 01:31 am JST
  • European retailers step up presense in emerging markets

    GENEVA -- Major European retailers are stepping up their presences in emerging markets, such as India, Brazil and Russia, in a bid to capture a share of these rapidly growing economies. Major French retailer Carrefour said Wednesday that it was

    March 6, 2014 07:00 pm JST
  • Emerging markets: agile or fragile?

    SINGAPORE -- Emerging nations are shivering. The U.S. decision to pump less money into the economy has triggered a massive outflow of speculative cash from these markets. Geopolitical risk is also spreading as tensions intensify between Russia and U

    March 6, 2014 12:00 am JST
  • Japan's trading houses reshuffling asset holdings

    TOKYO -- Japan's major trading houses are speeding up the process of shifting their asset holdings, selling off unprofitable stocks to move into nonresource fields less prone to market cycles. The weak yen and heavy investing have caused total a

    March 5, 2014 05:17 am JST
  • Panasonic, Rakuten to use Linkedin site for recruitment

    TOKYO -- Major Japanese companies such as Panasonic and Rakuten plan to log on to Linkedin for recruiting purposes, seeing the social networking site as a smart way to reach talent around the world. The site, operated by California-based Linkedi

    March 5, 2014 02:51 am JST
  • YKK to build product development centers chiefly in Asia

    TOKYO -- YKK Group will set up five product development centers primarily in Asia in fiscal 2014, a move aimed at speeding up development of new products that cater to local consumers, the company announced Tuesday. The Tokyo-headquartered firm

    March 5, 2014 12:30 am JST
  • Future of video games is online and in emerging countries

    TOKYO -- Major video game companies from China and South Korea are putting their energies into emerging countries, where the popularity of smartphones and personal computers are bringing about a boom in online gaming. While Japan's video game giants

    March 3, 2014 07:00 pm JST
  • Rakuten, Line want to overturn world of traditional phone calling

    TOKYO -- Smartphone chat apps are taking enormous revenue bites out of traditional mobile voice communications. And they are just getting started. On Feb. 26, Line, the Tokyo-based operator of the free call and messaging app of the same name,

    February 28, 2014 01:00 pm JST
  • Emerging-market investor exodus continues

    NEW YORK -- Money continues pouring out of emerging markets as investors fret about China's shadow banking problem, tensions in Ukraine and changes in currency values. According to research firm EPFR Global, mutual funds and hedge funds that inv

    February 27, 2014 12:00 am JST
  • Investors continue exodus from emerging markets

    NEW YORK -- The outflow of money from emerging markets has not abated as investors fret about China's shadow banking problem, tensions in Ukraine and falling currencies of emerging nations. According to research firm EPFR Global, mutual funds an

    February 25, 2014 05:56 am JST
  • Obama seeks North American 'united front' on TPP

    WASHINGTON -- The leaders of the U.S., Canada and Mexico will push together for a quick but ambitious cross-Pacific trade deal and are likely to bring their combined pressure to bear on Japan and other Asian partners. The trio, partners in the 2

    February 21, 2014 06:58 am JST
  • Antarctic penguins, meet your neighbors: the Chinese

    BEIJING -- China, ever keen to exploit natural resources in nearby waters, is also looking much farther afield -- to the Antarctic. The country is actively investing in scientific research in the icy region. On Feb. 8, China opened its fourth An

    February 20, 2014 07:00 pm JST