U.S. and China dust off corporate deals before signing trade pact
The U.S. and China are finalizing a bevy of long-running corporate deals ahead of a high-profile ceremony next week to sign a trade deal, which the world's two largest economies are seeking to cast as a major breakthrough and a marked warming in their ...
Japan-U.S. pact takes effect to promote goods, digital trade
Japan lowered its import duty on U.S. beef from 38.5 percent to 26.6 percent and will cut it down to 9 percent in fiscal 2033.
China's factory activity expands for second month as output and export orders pick up
Manufacturing activity in China expanded for a second straight month in December as seasonal demand and signs of progress in trade talks with Washington boosted factories' output and order books. China's official Purchasing Managers' Index (PMI) was unchanged at 50.2 in December from November, the ...
Japan's beer exports to South Korea down 99 percent on year in November
Beer exports by Japan to South Korea in November stood at ¥6.96 million, down 99.1 percent from a year earlier, the Finance Ministry said Thursday. The November exports remained very weak due to continued boycotts of Japanese products in South Korea, reflecting the soured bilateral ...
Hit by weak exports to China, Japan ran ¥82 billion trade deficit in November
Japan logged a goods trade deficit of ¥82.08 billion ($749 million) in November, hit by weak exports to China amid a slowdown in the world's second-largest economy, government data showed Wednesday. The trade deficit followed a revised ¥15.66 billion surplus in October, according to a ...
Russia to invest $500 mllion in Syrian port and build grain hub, Interfax reports
Russia plans to invest $500 million in the Syrian port of Tartus and build a grain hub there to boost its presence on Middle East markets, Interfax news agency cited Deputy Prime Minister Yury Borisov as saying on Tuesday. Russia, the world's largest wheat exporter, ...
The current account surplus rose 38.0 percent in October from a year earlier, as imports dropped faster than exports amid falling crude oil prices and the prolonged U.S.-China trade conflict, government data showed Monday. The surplus came to ¥1.82 trillion, marking the 64th straight month ...
Japan may expand swine fever vaccination areas to unaffected prefectures
Agriculture minister Taku Eto on Friday suggested the possibility of expanding the swine fever vaccination program to cover prefectures where the infectious disease hasn't entered yet. Six unaffected prefectures have asked the agriculture ministry for vaccinations, which started being carried out in infected prefectures last ...
Japan and South Korea to hold first talks on trade controls since Tokyo curbed tech exports
Senior trade officials from Japan and South Korea will meet on Dec. 16 to discuss Tokyo's tightened controls on technology-related exports to its Asian neighbor, industry minister Hiroshi Kajiyama said Thursday. The talks, to be held in Tokyo, will be the first of their kind ...
Japanese cosmetic giant Shiseido gambles on 'Made in Japan'
On wasteland once used for earthquake drills in the small town of Otawara, Tochigi Prefecture, Shiseido has built its first domestic factory in 36 years, hoping to capitalize on a boom for "Made in Japan" cosmetics. Japan's cosmetics industry faces huge competition not only from ...
U.S. and Japan to discuss next trade talks in early 2020, USTR says
The United States and Japan will begin consultations early next year in order to enter negotiations on a broader trade agreement than the one signed in October, the Office of the U.S. Trade Representative said in a statement on Wednesday. U.S. Trade Representative Robert Lighthizer ...
Japan hopes U.S. trade deal will provide bulwark against Trump's unpredictability
The U.S.-Japan trade agreement is a gamble for Tokyo and will show whether concluding such a deal with Trump is a sufficient insurance policy that discourages him from making future demands.
