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  • 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
  • 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
  • G-20 upbeat on world economy, affirms coordination over risks

    WASHINGTON (Kyodo) -- Finance chiefs from the Group of 20 major economies agreed Friday to step up coordination in better coping with risk factors to the world economy such as North Korea, amid signs that 2017 will be the best year for global growth

    October 14, 2017 08:13 pm JST
  • 'TPP 11' should preserve all agreed-upon rules: ex-US trade chief

    TOKYO -- As the 11 remaining parties to the Trans-Pacific Partnership work to ratify the trade deal, possibly by November, a former U.S. trade representative warns that the pact could be severely weakened unless efforts are made to keep "high standa

    October 13, 2017 12:37 pm JST
  • Cuba plants medical diplomacy flag in Thailand

    NONTHABURI, Thailand -- In state-of-the-art laboratories set in a lush, green landscape -- and with help from communist-ruled Cuba -- nearly 200 researchers and technicians are paving the way for Thailand to take an ambitious stride into the expandi

    October 12, 2017 05:47 pm JST
  • Nouriel Roubini

    Three scenarios for the global economy

    For the last few years, the global economy has been oscillating between periods of acceleration (when growth is positive and strengthening) and periods of deceleration (when growth is positive but weakening). After over a year of acceleration, is th

    October 12, 2017 01:00 pm JST
  • Frederic Neumann

    TPP to rise from the ashes

    The Trans-Pacific Partnership agreement is clinging on. Despite the U.S. withdrawal from the pact earlier this year, the other 11 members are still aiming for ratification -- for good reason: Even without the world's largest economy, the agreement s

    October 12, 2017 10:00 am JST
  • Chinese steelmakers lift demand for high-quality iron ore

    TOKYO -- Heavier purchases of high-grade iron ore by Chinese steelmakers since last year have fueled record price premiums over low-grade ore, a shift driven by the country's stronger environmental regulations.Spot prices for Australian high-grade o

    October 11, 2017 01:07 am JST
  • Eswar Prasad and Karim Foda

    Economic breathing space is an opportunity to strengthen resilience

    The world economy has settled into a holding pattern, with a broad-based but plodding recovery underway characterized by weak productivity and investment growth. Both advanced and emerging market economies have maintained modest growth momentum, but

    October 8, 2017 07:00 pm JST
  • 'Nikkei' cuisine gets prime seat at world culinary table

    NEW YORK -- From New York to London to Barcelona, there is growing enthusiasm among diners for "Nikkei" cuisine, a culinary style that has its origins in the late 1800s among Japanese emigrants to Peru.Like immigrants elsewhere, the Japanese who set

    October 7, 2017 08:00 pm JST
  • Unraveling the mystery of 'missing' inflation

    TOKYO -- A burning question is keeping global economy watchers preoccupied: What explains the increasingly prevalent combination of stronger growth and low inflation? This mystery could have big implications for central banks eyeing the exit from mo

    October 5, 2017 01:00 pm JST
  • Bitcoin is a bellwether of anti-government sentiment

    TOKYO An startling proposal is being discussed in Seoul: nationalizing the Samsung group, the largest family-owned conglomerate, or chaebol, in South Korea.Under the plan, Samsung Electronics Vice Chairman Lee Jae-yong, the de facto leader of the gr

    October 5, 2017 10:00 am JST
  • GM to combine Asian, Latam operations as it ramps up electric

    BEIJING (Reuters) -- General Motors Co said on Tuesday it will combine operations outside of China and North America into a new organization based in Detroit, further scaling back its presence in money-losing markets as it ramps up spending on elect

    October 4, 2017 02:14 am JST
  • Beware the return of big government

    TOKYO -- There is a stunning plan being discussed in Seoul. The scheme, if realized, would nationalize Samsung Group, the largest family-owned conglomerate, or chaebol, in South Korea.Samsung Electronics Vice Chairman Lee Jae-yong, the de facto lead

    September 30, 2017 11:24 am JST
  • Mitsui OSK's huge floating gas terminal detoured to Turkey

    TOKYO -- Mitsui O.S.K. Lines will put its massive new offshore liquefied natural gas terminal to work in Turkey this year, instead of its original destination in Uruguay, owing to delays with the South American project. The Japanese shipping line or

    September 29, 2017 05:05 am JST
  • Toyota to produce Yaris subcompact in Brazil

    NAGOYA, Japan -- Toyota Motor is pouring 1 billion reals ($316 million) into a new Brazilian production line for the Yaris, which the Japanese automaker sees as ideally positioned to take advantage of growing demand.An existing factory in Sorocaba,

    September 27, 2017 10:31 am JST
  • North Korea's isolation grows as even friends turn up the heat

    TOKYO/IRBIL, Iraq -- African and Middle Eastern countries that have enjoyed security and economic ties with North Korea are rethinking their positions, underscoring the swelling international push to tighten the dragnet around the isolated regime fo

    September 27, 2017 06:47 am JST
  • North Korea accuses US of declaring war; drawing Washington scorn

    NEW YORK -- Accusing the U.S. of declaring war on North Korea, the country's foreign minister said Monday that Pyongyang has all options on the table, including shooting down American bombers not inside its airspace. The White House rejected North K

    September 26, 2017 02:28 pm JST
  • Trump issues travel restrictions on North Korea, Venezuela in expanded ban

    WASHINGTON (Reuters) -- President Donald Trump on Sunday slapped new travel restrictions on citizens from North Korea, Venezuela and Chad, expanding the list of countries covered by his original travel bans that have been derided by critics and chal

    September 25, 2017 09:36 am JST
  • NAFTA talks intensify; US set to unveil demands on key issues

    OTTAWA (Reuters) -- Talks to update the North American Free Trade Agreement looked set to intensify on Saturday as U.S. negotiators prepared for the first time to unveil their demands on some of the Trump administration's most challenging issues.Tea

    September 24, 2017 12:03 am JST