Manpreet Gill, Senior Investment Strategist at Standard Chartered Bank, attributes the decline of Japanese shares to the lack of a TPP agreement during U.S. President Barack Obama's visit to Tokyo.» Read More
TOKYO, April 21- Japan suffered its worst annual trade deficit in March as exports growth slowed to its weakest in a year, suggesting a rapid loss of economic momentum that may prompt policy makers into early action as a national sales tax hike puts more strain on growth.
BEIJING— Asian stocks were mixed Monday in light trading after Japan reported a jump in its trade deficit and investors looked ahead to economic data this week from China and Korea. Oil declined but stayed above $104 per barrel amid concern over simmering tensions in Ukraine.
SINGAPORE, April 21- Chicago wheat fell more than 2 percent on Monday to its lowest in almost a week, while corn slid for a third consecutive session as improved U.S. weather pressured grain prices. Chicago Board of Trade wheat for May delivery slid as much as 2.2 percent to $6.76-1/ 4 a bushel, its lowest since April 15.
Frank Lavin, CEO at Export Now, discusses the issue of agriculture and auto subsidies between Japan and the U.S. amid negotiations of the Trans-pacific Partnership (TPP).
PARIS, April 21- Mark Karpeles, CEO of failed bitcoin exchange Mt. Speaking from her home in Switzerland last week, Anne, 57, said Karpeles was a "terrible" student, but was admitted to Mensa, a global society of those with a high IQ, as a teenager.
TOKYO, April 21- In June 2011, when customers of now-bankrupt bitcoin exchange Mt. Gox agitated for proof that the Tokyo- based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science fiction novel "The Hitchhikers Guide to the Galaxy".
TOKYO, April 21- Japan's annual export growth slowed sharply in March due to weaker shipments to China, casting doubt that a recovery in external demand could help offset the impact of the April 1 sales tax hike. Ministry of Finance data showed that exports rose 1.8 percent in March from a year earlier, following a 9.8 percent annual gain in the previous month.
TOKYO— Japan's trade deficit surged nearly 70 percent to a record 13.75 trillion yen in the last fiscal year, the third straight year of deficit, as exports failed to keep pace with surging energy costs.
Richard Jerram, Chief Economist at the Bank of Singapore, explains the factors that led Japan to post a disappointing 1.8 percent annual rise in March exports.
SHANGHAI/ BEIJING, April 20- Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand out, yet don't always have the money to splurge on a top-end model.
*Japan, U.S. say big differences remain on key issues. *Negotiators meet again on Monday before U.S.- Japan summit. Breaking a U.S.- Japan deadlock over access to Japan's farm and auto markets is seen as key to finalising the Trans-Pacific Partnership, a 12- nation trade bloc that would stretch from Asia to Latin America.
SENIOR ADMINISTRATION OFFICIAL NOT LOOKING TO CONCLUDE AGREEMENT ON TRADE IN TOKYO, IT'S AN ONGOING EFFORT.
Talks between the U.S. and Japan are making progress and will resume again on Monday, Japan's economy minister said.
Two of Japan's largest banks have stepped back from Russia in recent weeks, bankers and executives told the Financial Times.
Markets in Europe, the U.S. and many countries in Asia were closed for the holiday. On Thursday, global stocks were subdued after Google and IBM reported weak results, even though General Electric was optimistic and Goldman Sachs and Morgan Stanley beat expectations.
TOKYO, April 18- Core consumer prices in Tokyo, a leading indicator of nationwide inflation, probably rose the most in 22 years in April after an increase in Japan's sales tax drove up prices across the board, a Reuters poll showed on Friday.
U.S.-Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan's economy minister said.
*U.S. willing to let Japan keep some farm tariffs- Japan media. WASHINGTON/ TOKYO, April 18- U.S.- Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan's economy minister said, as negotiators struggle to narrow gaps ahead of a summit between the countries' leaders.
Vice President Joe Biden on topics including the situation in Ukraine and trade negotiations, an Obama administration official said.
*Safe-haven bids on yen unwound on hopes for Ukraine initiative. TOKYO, April 18- The yen slipped to 10- day lows against the dollar on Friday after speculators unwound some safe-haven trades following upbeat U.S. economic data and on hopes for a diplomatic initiative seeking an end to violence in Ukraine.