Jul 6, 2015

Asia-Pacific cities are driving the global economy

From the West Coast of the Americas, spanning cities including Vancouver, San Francisco and Lima, to Auckland, Jakarta and the metropolises of Hong Kong, Shanghai and Tokyo, the 100 biggest metropolitan centers across the region make up one fifth of the global economy, or ...

Jul 2, 2015

Japan, U.S. might resume TPP talks next week

The Japanese and U.S. governments are considering resuming working-level talks related to the Trans-Pacific Partnership negotiations on July 9, according to informed sources. Through the talks, Tokyo and Washington hope to find common ground on pending issues on the multilateral free trade deal, including ...

Cameron tells EU new terms needed

Jun 26, 2015

Cameron tells EU new terms needed

British Prime Minister David Cameron told European Union leaders Thursday he needs a new deal to keep Britain as a member, opening a struggle over the bloc’s future at a summit preoccupied with keeping Greece from crashing out. Freshly re-elected last month, Cameron faces ...

China hints it will end ivory trade

Jun 26, 2015

China hints it will end ivory trade

In the struggle to curb the slaughter of elephants, conservationists are hailing as a possible game-changer the unexpected pledge by a senior Chinese official to stop the ivory trade in a country whose vast, increasingly affluent consumer market drives elephant poaching across Africa. Now ...

Jun 24, 2015

Amari says TPP agreement is possible in July

Economic and Fiscal Policy Minister Akira Amari said Wednesday the 12 countries negotiating a Pacific Rim free trade initiative can reach a broad agreement by the end of July, as U.S. Congress has neared passage of a bill that is crucial to concluding the ...

Trade could make or break Obama pivot to Asia

| Jun 18, 2015

Trade could make or break Obama pivot to Asia

Critics have long predicted that President Barack Obama’s policy to shift America’s focus toward Asia is doomed. The legislative battle over his trade agenda could prove the acid test. Legislation to smooth the way for a free-trade pact with 11 other Asia-Pacific nations hit ...

Trade deficit shrank 76.5% in May compared with year earlier

Jun 17, 2015

Trade deficit shrank 76.5% in May compared with year earlier

The trade deficit shrank 76.5 percent in May from a year earlier to ¥216.0 billion as declining crude oil prices continued to push down imports, the government said Wednesday. But the trade balance remained in the red for the second consecutive month, due partly ...