Tag - trade

 
 

TRADE

Japan's exports have been "picking up recently," the government said in its latest monthly economic assessment, its first upward revision since May,
BUSINESS
Aug 28, 2023
Japan improves view on exports for first time in three months
The Cabinet Office report cited the boost to auto shipments from easing supply issues and the bottoming out of demand for semiconductor-related goods.
Japan Tobacco's headquarters in Tokyo
JAPAN / Politics
Aug 27, 2023
Ukraine puts Japan Tobacco unit on list of war supporters
Kyiv's national corruption agency criticized the company for continuing its business activities in Russia and paying a large amount of tax to Moscow.
Customers shop at a seafood market in Beijing on Friday.
JAPAN
Aug 26, 2023
Russia hopes to raise seafood exports to China after Japan ban
Russia is already one of the biggest marine product suppliers to China, with 894 Russian companies allowed to export seafood.
Vendors carry lobster at a seafood market in Shanghai, China, on Friday.
BUSINESS
Aug 25, 2023
Japan fishing industry reels after China’s seafood embargo
The average price of fresh Aomori tuna at the Toyosu market in Tokyo fell 24% on Aug. 25 from the previous day to ¥9,383 per kilogram.
People visit Semicon China, a trade fair for semiconductor technology, in Shanghai in 2021
BUSINESS
Aug 24, 2023
China quietly hires overseas chip talent as U.S. tightens curbs
The revamped recruitment drive is said to offer perks including home-purchase subsidies and typical signing bonuses of $420,000 to $700,000.
A customer shops at a sushi counter at the Food Le Parc supermarket in Hong Kong.
BUSINESS / Economy
Aug 24, 2023
Hong Kong restaurants brace for cost jump after Japan seafood ban
The saga is yet another headache for the city’s restaurant industry, which is still suffering from the effects from pandemic curbs and a worker shortage.
Members of the Self-Defence Forces during a ceremony in Tokyo in 2017
JAPAN
Aug 23, 2023
Government advocates allowing export of some lethal weapons
The ruling coalition will discuss how to revise the guidelines for the country's three principles on defense equipment transfers.
Sushi made with fish imported from Japan at a Japanese supermarket in Hong Kong on Wednesday.
JAPAN
Aug 23, 2023
China's sushi fans flounder over Fukushima water release
Chinese sushi lovers have expressed reservations after Japan kicked off plans for the disposal of wastewater from the stricken Fukushima No. 1 plant.
U.S. Commerce Secretary Gina Raimondo testifies during a Senate Appropriations Committee hearing on China in Washington last May.
BUSINESS / Economy
Aug 23, 2023
U.S. commerce chief to be latest Cabinet official to visit China
U.S. Commerce Secretary Gina Raimondo will visit China next week at the invitation of her Chinese counterpart.
JAPAN
Aug 23, 2023
China and Hong Kong to toughen import restrictions on Japan foods
Of Japan's exports of agricultural, forestry and fishery products and food items, 36% went to mainland China and Hong Kong in total in 2022.
A bulk carrier at the Panama Canal on April 19
BUSINESS / Economy
Aug 22, 2023
Historic drought and hot seas slow Panama Canal shipping
Restrictions already are sending China-U.S. spot shipping prices up as much as 36% amid soaring sea temperatures.
Containers in a shipping terminal at the Honmoku pier in Yokohama in June
BUSINESS / Economy
Aug 17, 2023
Japan logs first export decline in over two years
The value of exports fell in July from a year earlier, retreating for the first time since February 2021.
The cargo ship Super Bayern, carrying Ukrainian grain, in the Black Sea off Kilyos near Istanbul last year
WORLD / ANALYSIS
Aug 17, 2023
Russian raid off Turkey's coast tests Erdogan's resolve
Armed marines raided a Turkish-based vessel on Sunday some 60 kilometers off Turkey's northwest coast, in international waters but near Istanbul.
Moscow has begun testing its new digital ruble with consumers this week.
BUSINESS / Tech
Aug 16, 2023
Russia tests digital ruble for sanctions evasion and social control
Development of the digital ruble took off after Western sanctions blocked Russia from parts of the global banking system.
An S-400 surface-to-air missile system outside the town of Gvardeysk, near Kaliningrad, Russia, in March 2019. The S-400 is one of the defense items India has procured from Russia.
COMMENTARY / World / Geoeconomic Briefing
Aug 15, 2023
A new tide of weapons imports, production and development
Some countries are beginning to diversify when looking for partners for their arms needs.
Japan’s economy has expanded at a much faster pace than forecast, despite weak domestic consumption.
BUSINESS / Economy
Aug 15, 2023
Japan’s GDP grows at 6% on strong exports as consumption falters
Capital spending by businesses was flat, versus forecasts of a 0.4% increase, while private consumption unexpectedly declined by 0.5%.
The impact of China's latest metal curbs will likely be limited, experts say, as the United States is already looking for alternative supply chains.
ASIA PACIFIC / Politics / ANALYSIS
Aug 11, 2023
China’s gallium curbs to have limited impact on U.S. defense
China said the recent export controls are necessary to safeguard national security, but experts believe this is a way for the country to hit back at U.S.
U.S. President Joe Biden speaks at an event in Albuquerque, New Mexico, on Wednesday.
WORLD / Politics
Aug 11, 2023
New U.S. rules on China investments fail to offer clear guidance
The Treasury Department’s 46-page notice released alongside the order includes at least 80 separate questions about how it should structure the program.
A bulk carrier transits through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama, on April 19.
BUSINESS / Economy
Aug 11, 2023
Drought-hit Panama Canal lets more unbooked ships pass
Around 70% of canal traffic comes from or goes to the U.S., where retailers like Walmart, Amazon and Target prep for winter holiday sales.
U.S. President Joe Biden in Washington on July 21. On Wednesday, Biden signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips, and require government notification in other technology sectors.
WORLD / Politics
Aug 10, 2023
Biden orders ban on U.S. investment in key Chinese technologies
The order restricts investments in semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.

Longform

Bear attacks have dominated Japanese news headlines in recent months, with 13 people so far having been killed by the animals.
Japan’s bears have been on their killing spree for more than 100 years