Trading houses eye slice of Japan's liberalized electricity market pie

Apr 27, 2016

Trading houses eye slice of Japan's liberalized electricity market pie

Major trading houses are strengthening their electricity businesses to take advantage of growing overseas demand and the liberalization of power retailing in Japan that started this month, industry officials say. Sumitomo Corp. has revised down its consolidated net profit estimate for the year that ...

Canberra all but rules out Japan sub bid: report

Apr 20, 2016

Canberra all but rules out Japan sub bid: report

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Canberra has all but eliminated the much-hyped Japanese bid to build the country’s 50 billion Australian dollar fleet of new submarines, a report by the Australian Broadcasting Corp. said Wednesday. The Cabinet’s National Security Committee reportedly discussed the bids by France, Germany and Japan ...

Iran asks EU to pressure U.S. to get access to WTO

Apr 17, 2016

Iran asks EU to pressure U.S. to get access to WTO

Iran, seeking European leverage to secure better terms from the United States following last year’s nuclear deal, asked the European Union to put pressure on Washington to let it into the global financial system. In a visit to Tehran by a high-powered EU team ...

Global finance leaders seek to bolster growth

Apr 15, 2016

Global finance leaders seek to bolster growth

The leaders of the International Monetary Fund and the World Bank pledged Thursday to redouble efforts to bolster shaky global growth prospects and combat increasing political attacks on free trade and other hallmarks of globalization. IMF Managing Director Christine Lagarde and World Bank President ...

Kerry defends TPP, hints candidates playing to Americans' trade fears

Apr 13, 2016

Kerry defends TPP, hints candidates playing to Americans' trade fears

U.S. Secretary of State John Kerry defended a 12-nation Pacific trade agreement on Tuesday against what he suggested was fear-mongering by the leading U.S. presidential candidates. Without mentioning Donald Trump by name, Kerry argued that the Trans-Pacific Partnership deal that the Obama administration negotiated ...

U.S. cites Chinese Internet filters as trade barrier

Apr 8, 2016

U.S. cites Chinese Internet filters as trade barrier

The American government has cited Chinese Internet controls as a trade barrier in a report that comes as Beijing tries to block its public from seeing news online about the finances of leaders’ families. Chinese filters, which block access to websites including the Google ...