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August 15, 2024
 

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TRADE WAR

Japan Times
BUSINESS
Aug 16, 2019
China to counter latest U.S. tariffs, as Trump vows any deal will be struck on America's terms
China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese goods but called on the United States to meet it halfway on a potential trade deal, while U.S. President Donald Trump said any pact would have to be on America's terms.
Japan Times
BUSINESS
Aug 16, 2019
Japan regains status as top foreign holder of U.S. Treasurys
Japan surpassed China in June as the top holder of U.S. Treasurys after raising its holdings to a nearly three-year high, as the trade war between the world's two largest economies intensified.
Japan Times
BUSINESS
Aug 14, 2019
Trump bows to economic fears in move to delay China tariffs
U.S. President Donald Trump bowed to pressure from American businesses and concerns over the economic fallout of his trade war with China, delaying the imposition of new tariffs on a wide variety of consumer products including toys and laptops until December.
ASIA PACIFIC
Aug 7, 2019
China rare earths group supports counter-measures against U.S. 'bullying'
China's rare earths association said it would support Chinese counter-measures in the escalating trade row with the United States, which it accused on Wednesday of "bullying."
Japan Times
BUSINESS / Markets
Aug 6, 2019
Nikkei reverses losses as Beijing firms up yuan
Traders in Tokyo braced for slaughter Tuesday, but while blood flowed at the opening bell, stocks reversed their course and survived the day as the walking wounded.
Japan Times
BUSINESS / Markets
Aug 6, 2019
Amid global market turmoil, bitcoin becomes surprising sanctuary for investors
Investors the world over are finding an unusual place to hide as the trade war between the United States and China roils global markets: bitcoin.
Japan Times
BUSINESS
Aug 5, 2019
Yen spikes to highest against dollar in seven months amid U.S.-China trade feud
U.S. President Donald Trump's trade war with China is causing a flight to safety in currency markets, and the yen is once again taking the brunt of it.
Japan Times
BUSINESS
Aug 5, 2019
Japan firms join exodus from China's factories as tariffs bite
Top Japanese companies including Sony Corp., Ricoh Co. and Asics Corp. are orchestrating shifts in production away from China, joining manufacturers from other countries seeking to sidestep U.S. tariffs.
Japan Times
BUSINESS
Aug 5, 2019
Highlighting industry's troubles, Kobe Steel's shares take huge hit
Kobe Steel Ltd. tumbled as much as 13 percent in Tokyo to hit the lowest level in almost seven years after Japan's third-biggest steelmaker swung to a first-quarter loss and warned that full-year profit will collapse.
Japan Times
BUSINESS / ANALYSIS
Aug 2, 2019
Trump's tariffs on Chinese goods: Paid by U.S. importers, not by China
With U.S. President Donald Trump's announcement on Thursday of tariffs on another $300 billion of Chinese imports nearly all goods from the country are set to be subject to U.S. import taxes, which Trump says will generate billions of dollars in revenue from China for the U.S. Treasury.
Japan Times
BUSINESS
Aug 2, 2019
Trump resisted Treasury chief's proposal to warn China of new tariffs, tweeting even as they spoke
President Donald Trump ruled out giving Beijing advance notice of his intent to slap a new 10 percent tariff on $300 billion in Chinese goods in an Oval Office meeting before he announced the duties, according to several people familiar with the discussion.
Japan Times
BUSINESS / Companies
Jul 31, 2019
Huawei posts 23% sales growth as U.S. sanctions set to bite
Huawei Technologies Co. reported a 23 percent rise in revenue to 401.3 billion yuan (¥6.3 trillion) in the first half as the Chinese telecommunications giant withstood U.S. efforts to curb its business.
Japan Times
JAPAN / ANALYSIS
Jul 29, 2019
Incursion by Russian plane seen as test of Japan's collaboration with U.S. and South Korea
A Russian military plane's incursion into Japanese airspace last week seems to be viewed by many Japanese government officials as an attempt, assisted by China, to throw off balance the three-way collaboration among Japan, the United States and South Korea.
Japan Times
BUSINESS
Jul 29, 2019
Beijing says millions of tons of U.S. soy shipped to China in trade consensus
The United States has shipped several million tons of soybeans to China since the two countries' leaders met in June, Chinese state media said on Sunday, an apparent sign of goodwill before trade talks in Shanghai this week.
Japan Times
BUSINESS / Economy
Jul 27, 2019
Trump says China may try to delay trade deal until 2020 election
U.S. President Donald Trump on Friday offered a pessimistic view on reaching a trade deal with China, saying Beijing may not sign one before the November 2020 election in hopes a Democrat who will be easier to deal with, will win.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

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