Tag - trade

 
 

TRADE

Japan's exports in November fell for the first time in three months, dragged down by China-bound chip shipments, underscoring worries that slowing overseas economies will complicate policymakers' efforts to wind back on stimulus.
BUSINESS / Economy
Dec 20, 2023
Japan’s exports dip as global slowdown puts pressure on recovery
Exports fell 0.2% from a year earlier despite weakness in the yen, dashing economists' hopes for a 1.4% increase and support from overseas demand.
Recent attacks on vessels in the Red Sea by the Iran-aligned Houthi militant group have forced shipping companies to reroute around the Cape of Good Hope to avoid the Suez Canal.
BUSINESS / Companies
Dec 20, 2023
Companies rush to avert Red Sea attacks as shipping rates rise
They are exploring alternative routes to avoid the region where the Houthi militant group is actively targeting vessels.
Sacks of coffee beans at a storage unit in the Sidama region of Ethiopia.
BUSINESS / Companies
Dec 20, 2023
Coffee firms switch sources, evading impact of EU deforestation law
Under the new law, importers of various commodities and products that use them must prove goods did not originate from deforested land.
Rahm Emanuel, U.S. ambassador to Japan, eats scallops from Hokkaido at Yokota Air Base in Tokyo.
JAPAN
Dec 19, 2023
U.S. TV commercials to promote Japanese scallops
The move comes after demand from the Chinese market evaporated when China introduced a blanket ban on Japanese fishery products in August this year.
A worker inspects semiconductor chips at a chip-packaging plant in Ipoh, Malaysia, in 2021. Malaysia currently accounts for 13% of the global market for semiconductor packaging, assembly and testing.
BUSINESS / Tech
Dec 18, 2023
Chinese firms look to Malaysia to assemble high-end chips
Dearth of advanced chip-packaging services in China leads firms to venture abroad amid U.S. sanctions.
People take shelter in the Khreshchatyk metro station during an air strike alarm in Kyiv on Thursday amid the Russia invasion of Ukraine.
JAPAN
Dec 15, 2023
Japan expands sanctions over Russia's Ukraine invasion
Tokyo added to its sanctions list 57 organizations in Russia and six others in countries.
Salmon on sale in Sapporo on Dec. 1. The region has been hit hard by a Chinese ban on Japanese seafood products following the release into the ocean of treated, tritium-laced water from the Fukushima No. 1 nuclear power plant.
JAPAN / Society / Regional Voices: Hokkaido
Dec 15, 2023
Hokkaido to face issues around Rapidus, seafood and '2024 problem'
An influx of foreign residents is expected in Chitose, while China's ban on marine products continues to hurt the region.
Prime Minster Fumio Kishida joins ASEAN leaders for a family photo before the start of the ASEAN-Japan summit in Jakarta in September.
JAPAN / Politics
Dec 14, 2023
With eye on China, Japan and ASEAN to unveil ‘new vision’ for ties
The three-day summit will see the two sides launch a wide range of cooperation initiatives.
U.S. Commerce Secretary Gina Raimondo and Chinese Vice Premier He Lifeng meet for talks in Beijing on Aug. 29.
COMMENTARY / World
Dec 12, 2023
The Washington-Beijing tech war is just getting started
U.S. Commerce Secretary Raimondo emphasizes the need to prevent China from accessing cutting-edge technology, citing national defense concerns.
A wheat farm outside Scott City, Kansas
BUSINESS
Dec 10, 2023
U.S. raises wheat-export forecast with China buying most in decade
American shipments of the soft red winter wheat variety will rise to the biggest in a decade, reflecting "several large recent export sales” to China.
Chinese leader Xi Jinping receives European Commission President Ursula von der Leyen and European Council President Charles Michel ahead of the 24th EU-China Summit in Beijing on Thursday.
ASIA PACIFIC / Politics
Dec 8, 2023
Amid trade and Ukraine concerns, EU takes strong stance in Beijing
Europe’s top two officials visited China with a list of economic grievances, calling on Beijing to improve market access and cut trade imbalances.
Taiwan's Chief trade negotiator John Deng. Taipei is seeking to expand U.S. trade talks, as the island faces challenges from China in its effort to join the CPTPP.
WORLD / Politics
Dec 6, 2023
Taiwan looks to expand U.S. trade deal to counter isolation
The island’s trade officials are talking with their U.S. counterparts about broadening the scope of their current arrangement, reached earlier this year.
Ursula von der Leyen, president of the European Commission, speaks during the Summit on Methane and Other Non-CO2 Greenhouse Gases on day three of the COP28 climate conference in Dubai on Saturday.
WORLD / Politics
Dec 6, 2023
EU takes tough line to China to level economic playing field
The EU fears China's weakened economic recovery may drive an uptick in exports
Former British Prime Minister Boris Johnson signing the Brexit trade deal with the EU in London on Dec. 30, 2020.
BUSINESS / Companies
Dec 6, 2023
Three years on, U.K. factories still face Brexit challenges
A survey by trade body Make U.K found that 90% of businesses felt post-Brexit trading arrangements were still disrupting trade with the EU.
A container ship is seen near the Panama Canal, in Panama City on Saturday.
BUSINESS
Dec 5, 2023
Panama canal jam sends ships sailing continents out of way
The canal is being squeezed shut by drought, and the bottleneck will only worsen in the coming months as Panama enters its annual dry season.
Overseas fish buyers participating in a business tour organized by the Japan External Trade Organization visit a fish market in the city of Aomori on Monday.
BUSINESS
Dec 4, 2023
Overseas fish buyers begin business trip in Japan
JETRO organized the tour to help fishery business operators find alternative buyers in the wake of China's ban on Japanese marine products.
The USS Carney guided-missile destroyer transits Egypt's Suez Canal on Oct. 18.
WORLD / Politics
Dec 4, 2023
U.S. warns Iran-backed Houthis after attacks on Red Sea shipping
The attack on two commercial ships in international waters in the Red Sea marked a significant escalation in the threat to shipping in the area.
A worker at the Ford F-150 Lightning plant in Dearborn, Michigan in April last year. New government rules will try to shift more production of electric vehicle batteries and the materials that power them to the United States.
BUSINESS
Dec 2, 2023
U.S. sets limits on Chinese content to receive EV tax credits
The guidelines establish a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
A Walmart worker organizes products for the Christmas season in 2016.
BUSINESS / Companies
Nov 30, 2023
Walmart shifts to India and reduces imports from China
The shift shows how the rising cost of importing from China and escalating political tensions are pushing U.S. firms to import more from other countries.
The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released on Nov. 20.
WORLD / Crime & Legal
Nov 30, 2023
Red Sea attacks on ships spark safety concerns for sailors
Commercial ships face increasing dangers after armed groups have attacked and seized vessels in waters around the Red Sea and off the coast of Yemen.

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