ECONOMY – 2

Nov 12
Japan’s national debt hit a record ¥1,080,440.5 billion at the end of September, up ¥1,474.1 billion from three months before, the Finance Ministry said Friday. (the-japan-news.com)
Nov 12
The average financial assets held by Japanese households with two or more members this year rose 6.8 percent from the previous year to ¥11.51 million, a survey showed Friday. (the-japan-news.com)
Nov 11
Trade ministers from 11 Pacific Rim countries said they reached an agreement Saturday to proceed with the free-trade Trans-Pacific Partnership deal that was in doubt after U.S. President Donald Trump abandoned it. However, an immediate formal endorsement by the countries’ leaders meeting in Vietnam appeared unlikely. ()
Nov 11
The 11 current members of the Trans-Pacific Partnership free trade agreement have canceled a summit in Danang, central Vietnam, slated for Friday due to Canada's objection. (Jiji)
Nov 11
Japan's Economic Revitalization Minister says all the 11 signatory nations of the Trans-Pacific Partnership trade deal have reconfirmed their broad agreement to put the deal into effect without the United States. (NHK)

Nov 11
Japan's government and ruling bloc will hold full-fledged discussions on a plan to give companies tax incentives to raise wages by 3 pct or more under fiscal 2018 tax reform measures, informed sources said Friday. (Jiji)
Nov 10
The US Agriculture Department says US pork exporters to Japan will face tariff disadvantages if 11 countries reach a broad agreement on the Trans Pacific Partnership free trade deal, or TPP. (NHK)
Nov 09
The remaining 11 countries in the Trans Pacific Partnership (TPP) trade deal will discuss a proposal for an agreement in principle to proceed after the withdrawal of the United States, Japanese Economy Minister Toshimitsu Motegi said on Thursday. (Reuters)
Nov 09
The Japanese economy expanded for a 58th consecutive month in September to mark the second-longest recovery in postwar history, government data shows, but sluggish wage growth and consumption belie the statistical milestone's significance for most people. (Nikkei)
Nov 09
A World Trade Organization (WTO) dispute settlement panel in Geneva, Switzerland has ruled in Japan's favor in a dispute over South Korean restrictions on imports of Japanese seafood imposed after the 2011 Fukushima nuclear disaster. The panel notified the two sides of the result on 18 October. (seafoodsource.com)

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