Business Topics

May 28, 2015

Japan to suggest China dismantle ATM 'trade barriers'

Japan said in a report on unfair trade practices that it plans to urge China to revise regulations on ATMs and information and telecommunications systems for sale to Chinese banks. In the 2015 report, the Ministry of Economy, Trade and Industry described regulations on ...

May 27, 2015

TPP meeting ends without setting date for ministerial session

Chief negotiators from countries involved in the proposed Trans-Pacific Partnership free trade initiative wrapped up their latest round of negotiations in Guam on Wednesday, without setting a date for a ministerial meeting to reach a broad agreement. The 12 countries in the negotiations have ...

May 27, 2015

Kuroda faces opposition even after BOJ extended price target

Even the Bank of Japan’s recently extended time frame for achieving its inflation target may be too optimistic, according to some members of the BOJ Policy Board. A few members said at the central bank’s April 30 meeting that inflation would not reach 2 ...

May 26, 2015

Business lobbies to send joint delegation to China in November

Keidanren and two other business associations will send a delegation to China in November in hopes of strengthening economic cooperation between the two countries. It will be the first time for the three bodies — Keidanren, the Japan Chamber of Commerce and Industry and ...

Japan slides back into trade deficit, erasing March surplus

May 25, 2015

Japan slides back into trade deficit, erasing March surplus

Japan swung back into a trade deficit in April after logging its first surplus in almost three years in March, but the shortfall shrank drastically year on year, thanks to stronger exports and lower energy bills, official data showed Monday. The monthly deficit came ...

May 24, 2015

BOJ chief Kuroda stays on message at ECB Forum in Portugal

Bank of Japan Gov. Haruhiko Kuroda said Saturday at a forum in Portugal that Japan is overcoming the deflation that has plagued its economy for nearly two decades, according to the text of his speech released Sunday by the central bank. Referring to “positive ...

U.S. Senate OKs fast-track trade authority for Obama

May 23, 2015

U.S. Senate OKs fast-track trade authority for Obama

In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration’s hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House. Senate passage of the trade bill capped two weeks ...

May 21, 2015

Status of economy tops agenda at BOJ policy meeting

The Bank of Japan started a two-day policy meeting Thursday at which it is expected to debate whether to raise its opinion on the Japanese economy. The nine-member Policy Board is expected to leave its monetary easing policy intact after delaying the deadline for ...