NEWSWORTHY
Japan logged ¥231 billion trade deficit in July as oil prices climbed
Japan fell into red ink in the goods trade for the first time in two months in July as the cost of energy imports surged, government data showed Thursday. The ¥231.2 billion trade deficit followed the revised ¥720.8 billion surplus logged in June, the preliminary ...
Tokyo Stock Exchange firms expect first net profit fall in 3 years: survey
The nation's major companies are expecting the first decline in combined net profit in three years for the current business year ending next March, as they anticipate the effects of the U.S.-China trade spat, according to a survey released Wednesday. The survey by SMBC Nikko ...
Foreign Minister Taro Kono and his Peruvian counterpart Nestor Popolizio agreed Tuesday to join efforts to seek the early implementation of the Trans-Pacific Partnership free trade pact. Japan and Peru "are important partners in promoting free trade," Kono said during talks in Lima, while Popolizio ...
Turkish lira crash may affect some Japanese companies with operations there
Your next vacation in sun-drenched Turkey may now be a lot cheaper. On the flip side, corporate profits from selling goods locally are dwindling by the day when converted to home currencies. The effects of the imploding Turkish currency are now rippling through the boardrooms ...
After amassing vast amounts of power, Xi finds himself beset by economic, political challenges
As China's leaders gather for their annual Yellow Sea retreat, the country's political waters are looking choppy. President Xi Jinping, who is also the ruling Communist Party's leader, is beset by economic, foreign policy and domestic political challenges just months after clearing his way to ...
Ascending China seen trying to tap Japan to help challenge U.S. influence in region
Japan and China on Sunday marked the 40th anniversary of the signing of a treaty of peace and friendship between the two countries amid a period of warming ties and a changing dynamic in bilateral relations due to Beijing becoming a superpower. Recently, China has ...
Financial shock wave rattles Turkey, triggered by U.S. dispute and metals tariffs
A financial shock wave ripped through Turkey on Friday, when its currency nose-dived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. The lira tumbled 14 ...
Motegi hints that Japan asked U.S. for exemption from planned auto tariffs
Economic revitalization minister Toshimitsu Motegi indicated Friday that he has requested that the United States exempt Japan from a controversial plan to impose stiff tariffs on car and parts imports. "I made it clear to the U.S. side that it is indispensable for Japan and ...
Aisin Seki expects to take ¥40 billion hit if U.S. hikes auto tariffs
Aisin Seiki Co. said Friday it expects to take a hit of ¥30 billion to ¥40 billion if the United States raises tariffs on autos and auto parts. "Any dramatic change (in tariffs) would be a concern," Kiyotaka Ise, president of the auto parts giant, ...
Japan sticks to TPP, U.S. seeks bilateral deal in first round of trade talks
Japan and the United States were at odds Thursday over trade policy, with Tokyo calling for a U.S. return to the Trans-Pacific Partnership and Washington pushing for a bilateral trade deal. Speaking to reporters after meeting with U.S. Trade Representative Robert Lighthizer for the first ...
The crisis of the liberal international order
Trump's America is not the only threat to the LIO. Russia and China — and in particular China's geopolitical offensive — are both shaking its foundation.
Japan and U.S. to focus on auto and farm market access in first round of trade talks
The talks, expected to run through Friday in Washington, come as U.S. President Donald Trump threatens to impose additional tariffs of up to 25 percent on imported cars and parts.
