Japanese robot maker taps China’s demand for automation

Local partner crucial as Yaskawa Electric leads the way for other makers YURI MASUDA, Nikkei staff writer TOKYO -- As China's production lines become increasingly automated, several Japanese industrial robot makers have established partnerships with local players, eager to increase their presence in the world's largest manufacturing market. Since 2015, Yaskawa Electric, one of the top … Continue reading Japanese robot maker taps China’s demand for automation

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Russia squeezing US out as agricultural superpower

The US is being pushed out of the grain market as Russia's bumper wheat harvest has dragged down prices to record lows. Russian agricultural exports are booming thanks to a weaker national currency and massive investment. “We are pushing America aside in some markets, and we are satisfied with this,” said Russia’s Agriculture Minister Aleksandr Tkachev. … Continue reading Russia squeezing US out as agricultural superpower

World’s Largest Investment Fund to Exit Oil Stocks

The world’s largest investment fund is on the brink of dumping its petrochemical assets   Norway's Sovereign Wealth Fund, the largest investment portfolio on the planet by a wide margin, is set to divest any and all interests in the extraction, processing and sale of fossil fuels, an announcement that has stunned financial markets around the globe. Said to contain some $35 … Continue reading World’s Largest Investment Fund to Exit Oil Stocks

Technology changing travel habits for millions of Chinese

Over 700 million traveled over the 8-day holiday break, with 6m going abroad; Russia and Southeast Asia were the most popular destinations By Ben Kwok Phew – you can almost sense the relief on the mainland after China’s ‘Golden Weekend’ officially ended on Sunday. Over the eight-day-long holiday China enjoyed a tourism boom with an … Continue reading Technology changing travel habits for millions of Chinese

Russia’s visa relaxation shows focus on Far East investment

Authorities say the Vladivostok free trade zone has attracted several hundred companies and about US$6.1 billion in investment pledges By Inga Velanskaya Russia will expand its simplified visa regime to eight airports in the Far East region of the country by the end of this year, reflecting a drive by Moscow to further open up … Continue reading Russia’s visa relaxation shows focus on Far East investment