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  • Sprint starts mobile partnership talks with 2 US cable TV providers

    WASHINGTON -- Sprint, the fourth-largest mobile carrier in the U.S., has begun talks with two of the country's major cable television providers regarding a potential mobile business partnership, the Nikkei learned Monday. According to financial sour

    June 27, 2017 02:05 pm JST
  • Sino-Russian venture poised to chase Airbus, Boeing

    PARIS -- The sheer size of its home market and the infusion of advanced technology from Russia could elevate China's state-owned aircraft manufacturer to a serious rival for industry leaders Airbus and Boeing in the coming decades.China kept a low p

    June 27, 2017 09:10 am JST
  • Taiwan welcomes investment in offshore wind power: premier

    TAIPEI -- The Taiwan Strait will likely generate an annual 3 million kilowatts to 5 million kilowatts from wind power, Premier Lin Chuan said Monday, implying an upgrade to the previously targeted 3 million kilowatts in 2025, thanks to investment ap

    June 27, 2017 02:33 am JST
  • Market share survey shows China Inc. losing steam

    TOKYO -- Chinese companies' rise to the top of global markets seems to be losing momentum, according to Nikkei Inc.'s market share survey for 2016, as businesses battle over growing demand from emerging economies.Last year saw global market leaders

    June 26, 2017 12:23 pm JST
  • RBS to cut 443 jobs in UK, move many of them to India

    British lender Royal Bank of Scotland is planning to cut 443 jobs dealing with business loans and many of them will move to India, the bank said.The Edinburgh-based bank said the cuts were part of a restructuring aimed at becoming a smaller bank."We

    June 26, 2017 10:00 am JST
  • Japan enters the 5G mega-competition

    TOKYO -- Japanese telecommunications carriers and other corporations are racing to commercialize fifth-generation mobile technology ahead of the 2020 Tokyo Olympics.The envisioned 5G network would feature data-transmission speeds of up to 20 gigabit

    June 24, 2017 02:00 pm JST
  • Palladium price nears 16-year high

    TOKYO -- The international price of palladium, a precious metal used to purify automobile exhaust, has climbed to its highest territory in about 16 years as emerging-market demand for gasoline vehicles rises and producer countries reduce supply.Pall

    June 24, 2017 05:12 am JST
  • Satyajit Das

    Can Asia avoid financial instability from Fed tightening?

    The U.S. Federal Reserve has increased interest rates for the second time this year, with plans for further "data dependent" rises. The Fed also plans to reduce its balance sheet over time. The European Central Bank faces pressure to discontinue its

    June 23, 2017 09:00 am JST
  • Japan trio to develop small-jet engines with Pratt & Whitney

    LE BOURGET, France -- U.S. aerospace company Pratt & Whitney and a team of Japanese manufacturers including Mitsubishi Heavy Industries have agreed to develop next-generation engines for small commercial aircraft, aiming to install them in the incre

    June 23, 2017 04:46 am JST
  • US 'tight oil' tempts Asian producers

    SINGAPORE -- Asian energy companies look set to catch up to their peers with investments in U.S. unconventional oil production, the area which has dominated global energy merger and acquisition activity over the last 12 months.Asian oil producers ha

    June 22, 2017 09:08 pm JST
  • Jeff Bezos 'super optimistic' about paid-for journalism

    TURIN, Italy -- There was a time when printing a newspaper was a lucrative business. Large media organizations would invest in huge printing facilities and open overseas bureaus, making it difficult for newcomers without capital to compete. Those da

    June 22, 2017 06:13 pm JST
  • German towns attempt to cash in on 'red tourism'

    TRIER, Germany The German city where Karl Marx was born on May 5, 1818, is bracing for an onslaught of tourists from nominally communist China as the 200th anniversary of his birth approaches.Vineyard-surrounded Trier, home to 110,000 people, has re

    June 22, 2017 10:00 am JST
  • Rio Tinto taps Yancoal for Australian coal assets over Glencore

    SYDNEY -- Australian-British mining multinational Rio Tinto has decided to sell its steam coal-producing subsidiary Coal & Allied to China's Yancoal Australia, the company announced Tuesday, turning down a last-minute bid from Swiss commodity trader

    June 22, 2017 06:29 am JST
  • Chinese investor to buy 60% share of Parma

    MILAN (Reuters) -- Chinese businessman Jiang Lizhang has agreed to buy a 60 percent stake in Italian side Parma, who have just been promoted to the second tier, the club said on Wednesday.Parma also announced that former Argentina forward Hernan Cre

    June 22, 2017 06:16 am JST
  • Europe's Telia finds it hard to say goodbye to Asia

    ALMATY, Kazakhstan -- Stung by a corruption scandal over its investment in Uzbekistan, Scandinavian telecommunications company Telia declared in September 2015 that it would make a quick exit from the remainder of its once far-flung investments in A

    June 21, 2017 08:47 pm JST
  • China's stainless steel glut a new headwind for nickel

    TOKYO -- International nickel prices have remained soft in recent months, with the price of the metal for three-month delivery on the London Metal Exchange down 20% to around $8,900 per ton from its most recent high reached in late February.Although

    June 21, 2017 07:29 pm JST
  • Stocks shine worldwide following Fed rate hike

    TOKYO -- Stock indexes around the globe touched record highs in recent days as U.S. interest rates remain low despite a Fed hike as investors come to expect both low rates and economic expansion worldwide.Cash is also flowing into bond markets in se

    June 21, 2017 07:23 am JST
  • Belgian troops shoot person at Brussels station after blast: police

    BRUSSELS (Reuters) -- Belgian troops patrolling Brussels Central Station "neutralised" a person after a small explosion on Tuesday, a police spokesman said, adding that there were no other casualties and the situation was under control.He could not

    June 21, 2017 05:00 am JST
  • Mitsubishi Regional Jet unveiling subdued as interest flags

    LE BOURGET, France -- Japan's first home-grown jetliner faces stormy skies even before takeoff, as repeated development and delivery delays have pushed potential buyers toward increasingly attractive alternatives.Mitsubishi Aircraft, developer of th

    June 20, 2017 04:06 am JST
  • EU weighs scrapping Japanese tea, sake duties

    TOKYO -- Japan and the European Union are reportedly discussing ending EU duties on Japanese green tea and sake as part of an economic partnership agreement, a step likely to boost the agricultural exports that form a central part of Tokyo's growth

    June 20, 2017 12:14 am JST