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  • Wastepaper prices in Japan slip as China limits imports

    TOKYO -- Japanese wastepaper prices continue to fall as exports to China retreat amid Beijing's push to tighten environmental regulations.The wholesale purchase price -- at which wholesalers buy from collectors -- of used magazine paper is currently

    October 18, 2017 01:20 am JST
  • Sky-high real estate made Hong Kong Asia's priciest city: Julius Baer

    HONG KONG -- It is perhaps not surprising that Hong Kong, where even the top government official finds housing unaffordable, is the costliest metropolis in Asia.The semi-autonomous region of China jumped two places to lead 11 cities in an annual ran

    October 18, 2017 01:16 am JST
  • DRAM price to rise until 1Q of next year: Nanya Tech chief

    NEW TAIPEI CITY, Taiwan -- The president of Nanya Technology, a big Taiwanese memory chip maker, on Tuesday said the price of dynamic random access memory chips will continue to rise until the first quarter of 2018, thanks to robust demand from stro

    October 17, 2017 11:46 pm JST
  • Bridgestone puts profits above market share in China

    TOKYO -- Bridgestone, the world's largest tire maker, will not pursue a larger market share in China and instead will focus on products and customers that will enable good financial returns, the company's chief executive said.At a news conference on

    October 17, 2017 09:09 pm JST
  • Hong Kong stocks end flat on eve of China's 19th Party Congress

    HONG KONG (Nikkei Markets) -- Hong Kong shares ended little changed on Tuesday, reflecting caution as investors were guarded a day before the start of a key meeting of China's Communist Party in Beijing.The Hang Seng Index edged up just 0.02% to 28,

    October 17, 2017 08:59 pm JST
  • Chinese Communist Party to hold twice-a-decade congress Oct. 18-24

    BEIJING -- China's ruling Communist Party will hold its once-every-five year congress from Oct. 18 to 24, a senior official said Tuesday.During the congress, the party will amend its charter and select its top leadership immediately after, in widely

    October 17, 2017 08:29 pm JST
  • Hong Kong shares move cautiously before China's party congress

    HONG KONG (Nikkei Markets) -- Hong Kong stocks edged higher on Tuesday after a choppy morning session, with traders appearing to be cautious ahead of the start of a meeting of China's Communist Party on Wednesday.By midday, the Hang Seng Index had r

    October 17, 2017 02:35 pm JST
  • Fraser Howie

    Chinese private companies are an illusion

    The Chinese Communist Party brought some cheer to entrepreneurs in early October when for the first time it hailed the importance of the "entrepreneurial spirit" for the growth of the economy.Fine-sounding words indeed that perhaps even support the

    October 17, 2017 02:10 pm JST
  • Lithium prices surge as China pushes e-vehicles

    TOKYO -- Propelled by demand for batteries used in electric vehicles, spot prices of lithium have climbed more than 30% since the start of the year and will likely drive up the cost of the autos.The Chinese spot price of lithium carbonate, the bellw

    October 17, 2017 01:50 pm JST
  • China Inc. spending spree lifts Japanese manufacturers

    TOKYO -- Chinese companies are purchasing Japanese-made robots and heavy machinery at a brisk pace, a phenomenon some say is the result of an intensive push to modernize manufacturing in the country.In August, Chinese clients ordered 30.2 billion ye

    October 17, 2017 12:15 pm JST
  • FT Confidential Research

    China crackdown on pollution and housing to hit excavator sales

    A surge in excavator sales this year is giving way to slower growth, according to a survey of Chinese dealers conducted by FTCR.Short-term demand is being affected by government curbs on pollution; slowing housing investment is also taking its toll.

    October 17, 2017 11:00 am JST
  • Abe sends ritual offering to Yasukuni during autumn festival

    TOKYO (Kyodo) -- Prime Minister Shinzo Abe sent a ritual offering Tuesday to the war-linked Yasukuni Shrine, which has been a source of friction with Japan's neighbors that suffered from its wartime militarism.But Abe is likely to refrain from visit

    October 17, 2017 10:57 am JST
  • North Koreans in China feel the sting of sanctions

    DANDONG/BEIJING -- Flows of people and money between China and North Korea are slowing, as Beijing attempts to tame its rogue neighbor with banking controls and other restrictions.Nowhere is the shift more apparent than in Dandong, a border city in

    October 17, 2017 09:31 am JST
  • Mitsubishi Motors to rev up R&D, capital spending

    TOKYO -- Mitsubishi Motors plans to channel more than 600 billion yen ($5.34 billion) into capital spending and R&D over the three years through fiscal 2019, steering back toward growth investment after scandals forced the automaker to prioritize st

    October 17, 2017 06:09 am JST
  • Xi drives party elders into the shadows

    BEIJING -- China's retired political leaders have been keeping an unusually low profile ahead of the twice-a-decade Communist Party congress kicking off Wednesday, raising questions about how much influence these party elders still wield.Former Poli

    October 17, 2017 04:53 am JST
  • Japanese, Chinese, South Korean leaders set to host Trump

    WASHINGTON -- U.S. President Donald Trump will meet with leaders from at least five Asian countries during a tour of the region Nov. 3-14 that includes Japan, China and South Korea, the White House said Monday.The president begins in Hawaii, where h

    October 17, 2017 04:12 am JST
  • World steel demand forecast to grow for third year in 2018

    BRUSSELS -- Global steel demand appears likely to increase in 2018 for a third straight year, with Latin America, the Middle East and other emerging economies leading the way, a report by the World Steel Association shows.The international trade bod

    October 17, 2017 03:34 am JST
  • Hyundai's China sales cross recovery milestone in September

    BEIJING -- Hyundai Motor's monthly sales volume in China improved during September, suggesting a light at the end of a dark tunnel for the South Korean automaker, which Chinese consumers have punished for Seoul's decision to deploy a U.S. missile de

    October 17, 2017 02:44 am JST
  • Communist Party to add Xi philosophy to constitution

    BEIJING -- The Chinese Communist Party will amend its constitution to include the political thought and philosophy of President Xi Jinping in a move that further strengthens his hold on power.A proposal to make the changes was endorsed at the sevent

    October 17, 2017 12:51 am JST
  • Hong Kong stocks rise on China economic data, inflows

    HONG KONG (Nikkei Markets) -- Hong Kong stocks closed on Monday at their highest level since December 2007, as inflows from mainland China investors and benign consumer-price data helped lift sentiment. Financial and consumer stocks paced the gains.

    October 16, 2017 08:25 pm JST