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  • Editor’s Picks / 11 May 2016 at 23:58 GMT

    Obama's historic Hiroshima visit may overshadow G7 talkfest

    Nikkei Asian Review
    The Japanese government is rescheduling some of the events at the G7 summit at the end of May as Tokyo and Washington draw up final details for President Barack Obama's historic visit to Hiroshima. Many are concerned that Obama's Hiroshima visit could overshadow the G7 summit, a chance for Japan to bask in the diplomatic limelight. Obama plans to lay flowers at the Hiroshima Peace Memorial and visit the adjoining museum. He will make a statement calling for a nuclear-free world and referring to Nagasaki, the other city that suffered an atomic bombing.
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  • Editor’s Picks / 04 May 2016 at 1:22 GMT

    South Korea agrees on projects worth billions for post-sanctions Iran

    Nikkei Asian Review
    South Korea and Iran are set to pursue joint projects involving energy, railways and other infrastructure totalling $37.1bn as part of economic cooperation agreed on between the countries' presidents. “Seoul will re-establish investments and expand bilateral trade to help Iran quickly rebuild its economy and achieve growth,” said President Park Geun-hye following a summit with her counterpart in Tehran. The countries look to bolster their economic activities following the lifting of sanctions on Iran. Park is the first South Korean president to visit Iran since 1962. China's Xi Jinping has already visited Iran, and Japan's Shinzo Abe is mulling a trip this year. South Korea hopes to capture the country's demand for infrastructure first to get a leg up on Japan.
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  • Editor’s Picks / 18 February 2016 at 0:19 GMT

    Trade with Pyongyang could succeed where sanctions have failed

    South China Morning Post
    North Korea is the only country known to have conducted nuclear tests this century, which points to an unwavering ambition to achieve long-range ballistic nuclear deterrence. The response so far is for more sanctions: the blunt tool that hasn’t proved to work. China is in a quandary. Beijing opposes sanctions that would precipitate a humanitarian disaster. To change North Korea, sanctions are necessary but not sufficient. In addition, Beijing should see fit to give financial fair wind to North Korea’s special economic zones and infrastructural development, particularly those that link up with China. The historian Thucydides reduced human motivation for war to “fear, honour and profits”. His insight can apply to North Korea’s belligerence.
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  • Editor’s Picks / 08 February 2016 at 2:11 GMT

    North Korean rocket launch angers neighbours and US

    Reuters
    North Korea launched a long-range rocket carrying what it called a satellite, drawing renewed international condemnation just weeks after it carried out a nuclear bomb test. Critics of the rocket program say it is being used to test technology for a long-range missile. South Korea and the United States said they would explore whether to deploy an advanced missile defense system in South Korea "at the earliest possible date".
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  • Editor’s Picks / 18 January 2016 at 4:57 GMT

    Lifting of Iran sanctions: The force awakens

    The Straits Times
    The deal signed between Shi'ite-ruled Iran and the US, Britain, France, Russia, China plus Germany lifts years of crippling sanctions. With that, Iran will re-enter the world stage. It can claim back billions of dollars worth of its assets frozen overseas, resume exporting oil, rejoin the international banking system and import the software and infrastructural equipment it needs to grow. Iran's moderate President Hassan Rouhani was elected on the promise of getting rid of the sanctions. Post-sanctions, it is estimated that Iran can log annual growth rates of as much as 6%. To borrow a phrase from a blockbuster movie, Iran is about to become a force awakened.
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  • Editor’s Picks / 14 July 2015 at 2:28 GMT

    Deadline passes, but Iran deal edges closer

    Nikkei Asian Review
    For days, Iran and six world powers have been close to a deal to give Tehran sanctions relief in exchange for limits on its nuclear programme. Diplomats from all sides said they hoped for a breakthrough in the coming hours. And diplomats said there were contingency plans for an announcement ceremony in the event of a deal, which would open the door to ending sanctions that have crippled Iran's economy, in exchange for curbs on its nuclear programme. A deal could allow Iran to expand oil sales into an already oversupplied market. Oil markets appear to be expecting a deal soon.
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  • Editor’s Picks / 13 July 2015 at 12:15 GMT

    The 'once-in-a-lifetime' Iran opportunity

    The Telegraph
    Iran and opportunity may not seem to be obvious bedmates but the likely lifting of sanctions could open a world of possibility in the resource-rich Middle East state, writes Andrew Critchlow. While it is easy to brand Iran as just yet another "petroodollar" economy given it is the world's fourth largest oil producer and has the second largest stockpile of natural gas, there is far more to the economy. With a well-developed industrial base and a large population, it ranks 27th in the global economic order and a nuclear deal will see the opening up of a country that with foreign investment and capital could come to rival and even surpass near neighbour Turkey with the telecommunications sector and banking in particular set for massive strides forwards.
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  • Editor’s Picks / 06 July 2015 at 22:39 GMT

    Oil price tanks on Greek vote, China worries

    The Australian Financial Review
    Oil prices suffered their biggest selloff in five months on Monday, falling as much as 8% as Greece's no vote and China's stockmarket woes sparked a spiral of losses. Brent fell below $60/barrel mark for the first time since April. Adding to the pressure on oil, Iran and global powers were trying to meet a July 7 deadline on a nuclear deal, which could bring more supply to the market if sanctions are eased. The deadline could be extended again, officials said. Commodities were sucked into the turmoil that has seen Chinese shares fall as much as 30% since June.
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  • Article / 28 April 2015 at 4:49 GMT

    Uranium powers on, whether we like it or not

    Business writer and editor
    Australia
    Uranium powers on, whether we like it or not
    Nobody talks much about uranium prices for obvious reasons –there us still plenty of ethical talk around the production and investment in the nuclear material. But prices are coming back, as China and India show their keenness to make U308 part of their energy mix and and the Japanese reactors come back on line.
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  • Editor’s Picks / 21 January 2015 at 3:15 GMT

    Oil prices aren't the only factor in energy's future

    CNBC
    Oil prices and oversupply may be the energy buzzwords of the past few months, but what will people in the sector be talking about in five, 10 or even 20 years' time? As the World Economic Forum in Davos gets under way, Katy Barnato of CNBC takes a look at one of this year's key themes – energy, and future possibilities for the sector. Some of the possibilities include the energy demand from India, whose rate of growth is expected to exceed China's, and nuclear safety fears, such as the security risks posed by emerging nuclear powers.
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