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Stocks took another plunge after one-day rebound on the Tokyo Stock Exchange Monday, dampened by a steep fall in U.S. equities late last week. The 225-issue Nikkei average tumbled 459.18 points, or 2.12 percent, to end at 21,219.50, a level unseen since Oct. 29 on ...
Diversification, integration and the roles of trader and investor
There are some who have explained, in somewhat academic terms, the sōgō shōsha's upstream-downstream integration process by dividing it into two concepts: "diversification" and "integration." Weight of nontrading roles Simply, what is occurring is the business divisions' units are applying and combining such nontrading functions as ...
Farm products produced in Aomori Prefecture promoted at Paris trade event
A trade fair kicked off in Paris on Saturday to promote apples and other agricultural products from Aomori Prefecture. "This is the first public relations event in Europe for Aomori-grown apples," Ikuo Sasaki, vice governor of the prefecture, said during the opening ceremony. "We hope this ...
How the arrest of a Huawei executive deepens the conflict between Beijing and Washington
The arrest of a prominent Chinese telecommunications executive has driven home why it will be so hard for the administration of U.S. President Donald Trump to resolve its deepening conflict with China. The arrest of Meng Wanzhou, Huawei Technologies Co.'s chief financial officer, has heightened ...
South Korea's parliament has ratified a revised bilateral free trade agreement with the United States on Friday, the trade ministry said, paving the way for the deal to come into effect on Jan. 1, with the main impact on automakers. Under the revision, the countries ...
Before her dramatic arrest in Canada, few in the U.S. had heard of Meng Wanzhou. Meng, 46, is chief financial officer and deputy chairwoman of the board of Chinese telecom company Huawei Technologies Co. She now faces extradition to the U.S. on charges of trying ...
Japan's Upper House approves free trade pact with EU by majority vote
The Diet on Saturday approved an economic partnership agreement with the European Union that's set to create a free trade bloc accounting for 30 percent of world output. The Upper House passed the pact by a majority vote at a plenary session, with support mainly ...
U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned to Monday
A Canadian prosecutor urged a Vancouver court to deny bail to a Chinese executive at the heart of a case that is shaking up U.S.-China relations and worrying global financial markets. Meng Wanzhou, the chief financial officer of telecommunications giant Huawei and daughter of its ...
Huawei arrest another sign of Trump administration's disjointed diplomacy
When Donald Trump flew back from a summit with China in Buenos Aires, he hailed it as "amazing" and raised hopes of a breakthrough on ending a trade war. That same day, Canada was arresting a top Chinese executive on a U.S. request, enraging Beijing ...
Chinese telecommunications giant Huawei Technologies Co. Ltd.'s chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to people familiar with the probe. The United States has ...
'Shocking' Huawei arrest threatens to upend Trump-Xi trade truce
On the same day Presidents Donald Trump and Xi Jinping struck a truce in the U.S.-Chinese trade war in Argentina, Canadian authorities made an arrest that now threatens to make the conflict much worse. The U.S. is seeking the extradition of Meng Wanzhou, chief financial ...
The Finance Ministry has decided to cut import tariffs on whey, a basic ingredient of liquid baby formula, in April next year, sources with knowledge of the matter said Wednesday. The move comes after the health ministry lifted a ban on domestic production and sales ...
