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  • Japan urges more of Latin America to join TPP

    TOKYO -- Japan is encouraging more countries from Central and South America to join the reworked Trans-Pacific Partnership trade pact, in hopes of both capturing the potential of these markets and pressuring the U.S. to return to a framework it left

    May 23, 2018 03:41 am JST
  • William Pesek

    Argentina should set alarm bells ringing in Asia

    Argentina's return to financial chaos might seem remote to Indonesia's Joko Widodo, but the rupiah's decline tells a different, and more troubling, story. And not just for Jakarta, but New Delhi and perhaps Beijing as well.Rising U.S. yields combine

    May 21, 2018 07:00 am JST
  • With TPP ratification in sight, Abe raises banner of free trade

    TOKYO -- The reworked Trans-Pacific Partnership trade agreement moved a little closer to enactment after a nod from Japan's parliament Friday, a boost to multilateralism as a counterweight to the increasingly self-interested U.S. and China.Japan's l

    May 19, 2018 05:35 am JST
  • Brazil calls for Japan-South America economic partnership

    TOKYO -- South America's Mercosur trade bloc looks to begin economic partnership talks with Japan as soon as November, Brazil's foreign minister said Friday, calling trade with Asia essential to regional economic health as the U.S. embraces protecti

    May 19, 2018 01:20 am JST
  • Indonesia and Brazil fall off easing track as capital bleeds out

    NEW YORK/MIAMI, U.S. -- Rising U.S. interest rates have started drawing investment capital out of emerging markets like Indonesia and Brazil, sending monetary authorities on the defensive against runaway currency depreciation.Indonesia's central ban

    May 18, 2018 03:53 am JST
  • Taiwan's isolation deepens as China flexes diplomatic muscle

    TAIPEI/BEIJING -- Taiwan suffered another diplomatic blow as longtime ally the Dominican Republic broke off relations with Taipei in favor of mainland China, a testament to an effective international campaign by Beijing to peel away the island's fri

    May 2, 2018 04:46 am JST
  • Taiwan loses ally as Dominican Republic chooses ties with China

    TAIPEI -- Taiwan has lost another ally, reducing the total to just 19 worldwide, after the Dominican Republic said it would establish diplomatic relations with China, officials in Taipei and Beijing confirmed Tuesday. The Central American country wa

    May 1, 2018 04:04 pm JST
  • Taiwan condemns China's deal to establish ties with Dominican Republic

    TAIPEI (Reuters) -- Taiwan's foreign minister, Joseph Wu, on Tuesday strongly condemned news that China had established diplomatic ties with the Dominican Republic.The Caribbean nation has been a diplomatic ally of Taiwan.Its decision to switch alle

    May 1, 2018 10:39 am JST
  • China's Didi Chuxing launches ride service in Mexico

    SAN FRANCISCO (Reuters) -- Chinese ride-hailing firm Didi Chuxing on Monday began offering its service in the Mexican city of Toluca, the company said, setting up a potentially costly battle with rival Uber Technologies Inc in a key Latin American m

    April 23, 2018 11:32 pm JST
  • China and South Korea seek free trade deal with Mercosur

    SAO PAULO -- China and South Korea are seeking to establish free trade agreements with Mercosur in a strategic response to Washington's increasingly protectionist stance.These East Asian initiatives have resonated well in a region where Washington i

    April 22, 2018 01:14 am JST
  • Thailand's CP Foods inks deal for advanced Brazilian shrimp farm

    BANGKOK -- Charoen Pokphand Foods, Thailand's largest shrimp producer, has agreed to acquire a 40% stake in Brazil-based peer Camanor Produtos Marinhos for $17.5 million, taking its first step into the South American market.The deal, in which CP Foo

    April 19, 2018 01:09 am JST
  • Japan to host G-20 Osaka summit on June 28-29 next year

    TOKYO (Kyodo) -- The Japanese government said Monday it will host the summit of the Group of 20 advanced and emerging economies in Osaka on June 28-29 next year as the country assumes the group's rotating presidency for the first time.Chief Cabinet

    April 2, 2018 06:21 pm JST
  • US, South Korea on verge of trade deal: Trump

    WASHINGTON (Reuters) -- The United States and South Korea could announce a trade deal next week that would cover an exemption from U.S. steel and aluminum tariffs and other trade issues, President Donald Trump and his commerce secretary said on Frid

    March 24, 2018 06:02 am JST
  • Trump's tariff snub clouds US relations with Japan

    TOKYO -- Japan has crafted its diplomatic and economic strategy around the close relationship Prime Minister Shinzo Abe has forged with U.S. President Donald Trump, but it appears those bonds are becoming frayed by trade frictions."I'll talk to Prim

    March 24, 2018 05:44 am JST
  • Posco looks for charge from electric vehicle batteries

    SEOUL -- Posco is striking deals with local companies in Chile, Australia and China to boost production of battery materials for electric vehicles as it diversifies its business amid headwinds in its mainstay steel business such as new U.S. tariffs.

    March 24, 2018 04:40 am JST
  • Trump's steel and aluminum tariffs take effect

    WASHINGTON/TOKYO -- Brushing aside international outcries, Donald Trump has let his controversial steel and aluminum tariffs take effect. The U.S. president says the import taxes will help his country reduce its trade deficit and create American job

    March 23, 2018 03:23 pm JST
  • Toyota prepares ethanol-fueled hybrids for Brazil

    SAO PAULO -- Toyota Motor unveiled a prototype of an ethanol-fueled Prius hybrid here Monday, positioning it as a more fitting alternative to electric cars in countries where charging infrastructure remains underdeveloped.The flexible-fuel hybrid ca

    March 21, 2018 01:20 am JST
  • G-20 members voice concerns about rising protectionism

    BUENOS AIRES -- Concerns over protectionism and how it could harm the world economy were discussed at the latest G-20 meeting, which kicked off in the Argentine capital of Buenos Aires on Monday.The meeting included finance ministers and central ban

    March 20, 2018 12:45 pm JST
  • Trump negotiating with several countries over tariffs: White House

    WASHINGTON (Reuters) -- President Donald Trump is negotiating with a number of countries over the possibility of providing exemptions to new U.S. tariffs on steel and aluminum imports, the White House said on Friday."He's ... working with a number o

    March 17, 2018 08:24 am JST
  • The 'TPP 11' is signed, and ready to welcome more members

    SANTIAGO, Chile The revised Trans-Pacific Partnership trade pact was signed on March 8 in Chile's capital. The deal is positioned to serve as a critical bastion against the U.S. administration's protectionist policies as the pact is set to take effe

    March 15, 2018 10:00 am JST