Japan’s busy year on trade likely to shake up the economy for years to come
The nation’s deal makers are having a busy year, as the reincarnation of the Trans-Pacific Partnership moves a step closer to implementation and another trade pact may also be concluded.
RCEP nations unlikely to reach 'substantial agreement' on trade pact this year
The 16 mostly Asian countries negotiating what will be the world's largest free trade area might not be able to achieve their target of a substantive deal by the year's end, an official source familiar with the talks has said. Leaders of the countries participating ...
Bank of Japan downgrades economic growth and inflation forecast as its 2% goal remains out of reach
Speaking at a news conference, BOJ Gov. Haruhiko Kuroda denied that the revisions represented a large shift in the bank’s outlook.
Japan looks to use Pacific trade pact as shield from tough U.S. demands
Even without the participation of the world’s largest economy, the deal has been described as a game-changer.
Japan's job availability improves to fresh 44-year high in September
There were 1.64 openings for every job-seeker in the month, the highest level since January 1974 and up from 1.63 in August, according to the ministry.
Analysts predict Bank of Japan will maintain policy stance with focus growing on 10-year yield range
At meetings scheduled for this week, the Bank of Japan will maintain its policy settings, according to economists surveyed by Bloomberg, amid a growing view that the BOJ will eventually use greater flexibility in yield movements as a tightening measure. All 46 analysts surveyed expect ...
Canada said to be fifth country to ratify Japan-led CPTPP trade deal, with Australia close behind
A sprawling Pacific trade deal led by Japan is on the verge of kicking in provisionally after Canada announces its intention to be the fifth country to sign off on the pact.
GM proposes nationwide mileage standard, including requirement for zero-emissions vehicles
General Motors says it will ask the federal government for one national gas mileage standard, including a requirement that a percentage of auto companies' sales be zero-emissions vehicles. Mark Reuss, GM's executive vice president of product development, said the company will propose that a certain ...
Japan to skip planned tax hike for capital gains and dividends
The tax panels of the ruling parties have decided to skip a tax hike for capital gains and dividends in reforms for fiscal 2019, sources have said. Currently, capital gains and dividends are subject to a 20 percent tax, consisting of a 15 percent income ...
USTR to hold hearing in December over trade talks with Japan
The Office of the U.S. Trade Representative will hold a hearing on Dec. 10 regarding bilateral trade negotiations with Japan that Washington plans to launch in mid-January, according to the Federal Register. The event will take place after U.S. Trade Representative Robert Lighthizer suggested President ...
Tokyo inflation holds steady, offering little cheer for Bank of Japan
Tokyo's core consumer price inflation was unchanged in October from the previous month, government data showed Friday, offering little encouragement for Japan's central bank as it struggles to reach its ambitious 2 percent inflation target. The data comes ahead of the Bank of Japan's rate ...
