Tag - trade

 
 

TRADE

Scallops from Hokkaido are served at an event in Sao Paulo on Sunday to promote Japanese seafood.
BUSINESS
Jan 15, 2024
Japan promotes fishery products at event in Brazil
The move is meant to cut reliance on the Chinese market after Beijing banned seafood imports from Japan last year.
The continued demand for and access to banned Nvidia chips underlines the lack of good alternatives for Chinese firms despite the nascent development of rival products from Huawei and others.
BUSINESS / Tech
Jan 15, 2024
China's military and government acquire Nvidia chips despite ban
The sales by largely unknown Chinese suppliers highlight the difficulties Washington faces.
U.S. President Joe Biden and his South Korean counterpart, Yoon Suk-yeol, visit a Samsung semiconductor factory in Pyeongtaek, South Korea, in May 2022.
COMMENTARY / World
Jan 14, 2024
South Korea's economic strategy amid the U.S.-China rivalry
If the world is to avoid incurring increasingly high costs from fragmentation, the U.S. and China must learn how to coexist and engage in fair competition.
A Royal Air Force Typhoon aircraft takes off to join the U.S.-led coalition to conduct airstrikes against military targets in Yemen on Friday.
WORLD
Jan 12, 2024
U.S. and U.K. airstrikes pound Yemen as Mideast conflict spreads
Houthi rebels have carried out a growing number of attacks on what they deem to be Israel-linked shipping in the Red Sea.
The yen's exchange rate against the dollar on Wednesday. The yen declined from ¥103 against the dollar in 2020 to as little as ¥151 in late 2023.
COMMENTARY / Japan
Jan 11, 2024
Is a weak yen good for Japan’s economy?
The yen's fast depreciation is boosting overseas investment and sectors like tourism, but could also trigger inflation. In response, the BOJ should raise interest rates.
The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024
Xi Jinping’s solution for China’s economy risks triggering new trade war
Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
Huawei caused a stir in the U.S. and China last August when it released a smartphone with a 7nm processor made by Shanghai-based SMIC.
BUSINESS / Tech
Jan 5, 2024
Huawei teardown shows 5nm laptop chip made in Taiwan, not China
The firm caused a stir last August when it released a smartphone with a processor that was only a few years behind the cutting edge.
Yemenis chant slogans and wave Palestinian flags during a march in solidarity with the people of Gaza, in Yemen's Houthi-controlled capital Sanaa on Dec.15, 2023. The Houthis have been firing on ships allegedly linked to Israel in the Red Sea in avowed solidarity with Palestinians in Gaza.
WORLD / Politics
Jan 4, 2024
U.S., allies warn Houthis of 'consequences' of ship attacks
Warning comes as freight rates spike due to re-routing of vessels around Africa to avoid the Red Sea, where the Iran-backed militant group is active.
Cargo ships wait in the anchor zone to cross the Panama Canal from the Pacific entrance near Panama City, Panama, on Sept. 1, 2023. Ships have been waiting for days as the congestion to cross from both sides increase due to intense droughts in the country.
WORLD / Society
Jan 3, 2024
Saving the Panama Canal will take years and cost billions, if it’s even possible
Climate change-induced drought is limiting the number of ships on the waterway, which handles about 46% of containers moving from Northeast Asia to the U.S. East Coast.
The Maersk Sentosa container ship sails southbound to exit the Suez Canal on Dec. 21.
BUSINESS / Companies
Jan 3, 2024
Maersk decides Red Sea too unsafe for its ships for now
The decision to reroute vessels from the vital trade corridor was made after another of its container ships came under attack from Houthi militants.
The guided-missile destroyer USS Mason steams through the Atlantic Ocean. Tehran's dispatch of a warship to the Red Sea takes the projection of Iranian power in the region to another level but it is unlikely to want direct confrontation — its old frigate is no match for the U.S.-led maritime task force patrolling the waters off Yemen.
WORLD / Politics
Jan 3, 2024
Iran’s Red Sea power play raises fears of trade disruption
Tehran's dispatch of a warship to the region emboldens Yemen's Houthis, who are attacking vessels headed to or owned by firms in Israel.
The ASML headquarters and factory in Veldhoven, Netherlands
WORLD / Politics
Jan 2, 2024
U.S. pushed Dutch tech company to block Chinese sales
ASML had licenses to ship three top-of-the-line deep ultraviolet lithography machines to Chinese firms until January, when new Dutch restrictions took full effect.
A Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea in this photo released on Nov. 20.
WORLD / Politics
Dec 29, 2023
U.S. allies reluctant on Red Sea task force
Italy and Spain have issued statements appearing to distance themselves from Operation Prosperity Guardian.
Supporters hoist a giant Taiwan national flag during a campaign rally for Kuomintang ahead of Taiwan's presidential election, in Taipei on Saturday.
ASIA PACIFIC / Politics
Dec 27, 2023
Whisky and a coal 'shack': Taiwan election is not only about China
The candidates are exchanging blows over everything from property disputes to whether drinking whiskey is out of touch.
An image from Dec. 9 appears to show the Russian container ship Angara, sanctioned by the U.S., unloading cargo at Najin port while containers from North Korea await loading at an adjacent pier.
WORLD
Dec 27, 2023
Ghost ships at reawakened North Korea port put Ukraine in peril
The vessels are suspected to be delivering arms to Russia that eventually make their way to the frontlines of Vladimir Putin's invasion.
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
COMMENTARY / World
Dec 25, 2023
The yuan is finally showing some muscle in international trade
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
Former Defense Minister Itsunori Onodera
JAPAN
Dec 25, 2023
Japan must further ease arms export rules, ex-defense chief says
Itsunori Onodera said he would press ahead with ruling coalition discussions on broadening the scope of allowable exports.
Prime Minister Fumio Kishida meets with Saudi Arabian Crown Prince Mohammed bin Salman in Jeddah, Saudi Arabia, in July.
COMMENTARY / Japan
Dec 24, 2023
Japan is critical to linking the Indo-Pacific and the Middle East
As Japan enters the Year of the Dragon, it has an opportunity to link the Indo-Pacific and the Middle East in a way that benefits everyone.
The SKS Doyles crude oil tanker sails through the Suez Canal on Thursday.
WORLD
Dec 24, 2023
Iran dismisses U.S. intelligence tying it to Red Sea attacks
The White House said that Iran was "deeply involved” in the planning of the Houthi attacks and has supplied weapons, financial support and training.
A Houthi fighter stands on the Galaxy Leader cargo ship in the Red Sea in a photo released Nov. 20.
WORLD
Dec 23, 2023
U.S. says Red Sea patrol will be able to thwart Houthi attacks
The force will patrol "the Red Sea and the Gulf of Aden to respond to and assist as necessary commercial vessels,” Maj. Gen. Pat Ryder said.

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