NEWSWORTHY
Japan seeks WTO panel over South Korea's stainless steel bar duties
Japan has asked the World Trade Organization to set up a dispute settlement panel to challenge South Korea's 14-year-old anti-dumping duties on Japanese stainless steel bars. South Korea in 2004 imposed anti-dumping duties of 15.39 percent on imported Japanese stainless steel bars, which are used ...
Japan's current account stays in black at ¥1.85 trillion but down from April '17
Japan reported a current account surplus of ¥1.85 trillion ($16.86 billion) in April — marking the 46th straight month of a positive figure for the economic indicator — as a result of the country's robust exports, government data showed Friday. But the surplus shrank by ...
U.S. trade deficit with Japan not necessarily the bugbear painted by Trump
The protectionist tune on trade that U.S. President Donald Trump often sings is hardly a unique problem for Japanese policymakers who have long faced pressure over Japan's strength in exporting everything from vehicles to video games all over the globe. But often lost in these ...
Still reasons for optimism despite trade fears, says Panama Canal CEO
Although a war of words over tariffs has intensified between China and the United States, there is still good reason to be optimistic about prospects for global trade, the administrator and CEO of the Panama Canal Authority said in an interview with The Japan ...
Japan posted a goods trade surplus of ¥3.41 billion ($32.1 million) in February amid continued strength in exports, but rising energy imports weighed on the black ink, government data showed Monday. The trade surplus came as exports rose 1.8 percent from a year earlier to ...
The World Trade Organization on Wednesday selected Junichi Ihara, Japan's representative in Geneva, as the next chairman of the WTO General Council. Ihara, who will hold the post for a one-year term, becomes the second Japanese to head the General Council following Shotaro Oshima, who ...
Japan's trade balance swung to a deficit of ¥943.4 billion ($8.9 billion) in January, falling into the red for the first time in eight months after imports rose due largely to the higher cost of natural resources, government data showed Monday. The deficit was still ...
Did a fear of 'losing out' push Trump to alter his stance on the TPP trade deal?
One of the first actions U.S. President Donald Trump took after being sworn in on Jan. 20 last year was to "permanently withdraw" the United States from the Trans-Pacific Partnership, then a 12-nation free trade agreement that he blasted as costing American jobs. During the ...
Exports to Asia help Japan mark trade surplus for sixth month in row
Japan ran a trade surplus of ¥113.36 billion in November amid strong exports to Asia — staying in the black for the sixth straight month — but the figure shrank from a year earlier as energy imports jumped, according to government data released Monday. Robust ...
The United States, European Union and Japan were set to announce a joint effort on Tuesday in Argentina aimed at confronting China over its excess industrial capacity and other trade practices, a source close to the discussions said. Trade officials from the two countries and ...
After bumper year this year, China's import growth seen tumbling in 2018
The pace of China's import growth is set to slow in 2018 following a boom this year. Inbound shipments will expand just 5 percent in 2018 after surging 14.9 percent this year, according to a Bloomberg survey of economists. Slower infrastructure investment, tighter monetary policy, ...
The Japanese Chamber of Commerce and Industry is urging Taiwan to ease its ban on food imports from five prefectures imposed as a result of the Fukushima nuclear disaster. In its annual white paper released Friday, the Taipei branch of the business group expressed hope ...
