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Vai alla Scheda Paese »That’s what the world is, after all: an endless battle of contrasting memories.
— Haruki Murakami
That’s what the world is, after all: an endless battle of contrasting memories.
— Haruki Murakami
Japan is expected to post a primary budget deficit of ¥8.3 trillion in fiscal 2020, even if the nation’s gross domestic product continues 3 percent or higher growth in nominal terms, a Cabinet Office estimate showed Wednesday. The government agency came up with the larger primary deficit estimate than the ...
Japan should tap the potential of young workers and encourage more people in their 30s and 40s to become chief executive officers, as part of a reform to revitalize the economy toward 2030, a government task force said Wednesday. Amid the graying of its society, Japan also needs to step ...
The dollar gave up some of its early gains to trade around ¥113.60 in Tokyo trading late Wednesday, showing no clear direction due to a lack of fresh trading incentives. At 5 p.m., the dollar stood at ¥113.54-55, still up from ¥113.36-36 at the same time Tuesday. The euro was ...
The apparent death of the multinational trade deal could force Tokyo to negotiate one-on-one with the United States, provoking potentially bruising showdowns.
Japan reported on Jan 24 its first annual trade surplus since the 2011 Fukushima nuclear disaster sent the country’s energy import bills soaring.
U.S. President Donald Trump urged the chief executives of the Big Three U.S. automakers on Tuesday to build more cars in the country, pressing his pledge to bring jobs to America and discourage the car industry from investing in Mexico. Trump, who has threatened to impose 35 percent tariffs on ...
Mitsubishi Heavy Industries Ltd. said Tuesday that it will expand its operations related to supplying oil and gas-related machinery in the United States, where growth is expected thanks to the so-called shale revolution. The Japanese heavy machinery maker’s U.S. subsidiary, Mitsubishi Heavy Industries America Inc., recently set up a Houston-based ...
The government plans to form a new cross-ministry unit to handle all free trade negotiations following the U.S. withdrawal from the Trans-Pacific Partnership, a source said Wednesday. The new entity would handle continued dialogue over the now 11-nation TPP as well as an economic partnership agreement between Japan and the ...
Takata Corp. and 15 automakers have been sued by New Mexico’s attorney general for failing to protect consumers from exploding air bags. Takata and the carmakers have endangered hundreds of thousands of New Mexico residents by misrepresenting the existence and the extent of the defect, Attorney General Hector Balderas said ...
The benchmark Nikkei average rebounded sharply to end above 19,000 for the first time in three sessions on the Tokyo Stock Exchange Wednesday, thanks to an overnight rise in U.S. equities and the yen’s drop. The 225-issue Nikkei average jumped 269.51 points, or 1.43 percent, to close at 19,057.50. On ...
Japan posted its first trade surplus in six years in 2016 as imports slumped on falling energy prices, the Finance Ministry said Wednesday. The surplus stood at ¥4.07 trillion ($35.76 billion). The value of imports tumbled 15.9 percent to ¥65.97 trillion as crude oil and liquefied natural gas imports slid. ...
Toyota Motor Corp. said Tuesday it will invest $600 million and add 400 jobs at one of its U.S. plants, making the announcement a few weeks after U.S. President Donald Trump took aim at the automaker’s investments in Mexico. The project is part of Toyota’s plan to spend $10 billion ...
The threat from President Donald Trump to tax Mexican-made cars sold in the U.S. would throw the auto industry into disarray, analysts say, forcing uncomfortable choices: Raise car prices or swallow the cost. Stop selling Mexican-made cars in the U.S. but risk losing customers. Move production to the U.S. but ...
U.S. President Donald Trump on Tuesday revived two oil pipeline projects blocked by his predecessor on environmental grounds, signaling his determination to undo Barack Obama’s legacy. Trump gave a conditional go-ahead to the Keystone XL pipeline — which would carry oil from Canadian tar sands to U.S. refineries on the ...
The operations boss of Airbus declared Tuesday that the European aerospace giant was entering a “dangerous phase” because of Brexit, which could complicate its free movement of staff and products. Tom Williams, chief operating officer and president of commercial aircraft at Airbus, made the comments before British lawmakers on Parliament’s ...
Investment funds established by Toshiba Corp.’s main creditor banks may invest in the company’s flash memory unit as the conglomerate prepares to spin off the operation, sources have said. Toshiba, facing huge potential losses related to its U.S. nuclear business, is likely to hold a board meeting Friday to carry ...
Electronics giant Panasonic Corp. is seeking to sell up to 50 percent more TVs in Indonesia this year by offering online shopping and a greater variety of models. The company’s TV sales have been stagnant for three years. “We hope this year we can sell around 250,000 to 300,000 units,” ...
TOKYO/SYDNEY - Australia is leading a push to salvage a Pacific trade deal after US President Donald Trump formally withdrew as a signatory to the 12-nation accord.
The dollar shed some of its early losses but remained weaker at levels around ¥113.30 in Tokyo trading late Tuesday, after U.S. Treasury Secretary nominee Steven Mnuchin expressed concerns that a strong dollar may have negative effects on the U.S. economy. At 5 p.m., the dollar stood at ¥113.36-36, down ...
Business leaders around the world are closely watching the still-evolving policies of U.S. President Donald Trump, wondering how coming changes may affect their operations. Japan’s business community is no exception, most notably the auto sector, a key industry for the country. Since Trump attacked Toyota Motor Corp. on Twitter earlier ...
Stocks moved on a weak note on the Tokyo Stock Exchange Tuesday, weighed down by investor worries about the new U.S. government’s protectionist measures. The 225-issue Nikkei average shed 103.04 points, or 0.55 percent, to close at 18,787.99. On Monday, the key market gauge dived 246.88 points. The Topix index ...