Abe, Canada's Justin Trudeau extol TPP trade pact without U.S.
Japan Times -- Apr 30
Canadian and Japanese leaders on Sunday jointly trumpeted a rebooted Pacific trade pact that came into effect at the start of the year, without the United States.

The Trans-Pacific Partnership (or CPTPP) removed trade barriers among 11 nations representing nearly 500 million consumers in the Asia-Pacific region in a bid to counter China’s growing economic influence.

U.S. President Donald Trump withdrew from it in 2017 before it was ratified.

At a joint press conference in Ottawa, visiting Japanese Prime Minister Shinzo Abe and his host, Prime Minister Justin Trudeau, said the pact has “benefitted tremendously” citizens and businesses of member nations, including Canada and Japan.

“Continuing to move forward on freer and more open trade according to the rules that we can all agree on is something that we need more in the world,” Trudeau said.

The CPTPP “stands in stark contrast” to rising protectionism sparked by the United States, he said, noting that Canadian beef exports to Japan have tripled in recent months “while the Americans do not have that kind of access.”

News source: Japan Times
Aug 21
Japan's current bubble tea craze has sent tapioca imports soaring to meet the demand for the drink made with cold milk and tapioca balls. (Asahi)
Aug 21
Japan has approved shipments of a high-tech material to South Korea for the second time since imposing export curbs last month, two sources told Reuters news agency, ahead of talks between government officials this week to resolve a bitter dispute stemming from their wartime past. (aljazeera.com)
Aug 21
Up to 3.41 million people, accounting for about 5 percent of Japan’s total labor force, are estimated to be working as freelancers, according to a recent survey conducted by the government. (Japan Times)
Aug 18
Japan will tighten control over foreign investments in domestic companies involved in semiconductors and other high-tech industries by focusing on the purchase of shares that carry voting rights, Nikkei learned Saturday. (Nikkei)
Aug 10
LCD maker Japan Display has escaped immediate bankruptcy by lining up 80 billion yen ($758 million) in aid from Chinese investors, but the company remains dogged by uncertainty over the long-delayed rescue. (Nikkei)
Aug 10
Japan's economy grew at a faster-than-expected clip in the second quarter, official data showed on Friday, helped by celebrations to usher in a new imperial era. (Japan Today)
Aug 10
Earnings season in Japan is highlighting a recent plunge in inbound spending and its impact on drugstore chains, cosmetics makers and department stores previously favored by big-spending Chinese tourists. (Nikkei)
Aug 09
To much of the world Japan is the home of video games. (newsonjapan.com)
Aug 08
Japan Post Bank appears set to place a limit on over-the-counter international cash transfers to better address money laundering. (NHK)
Aug 07
A government panel decided Tuesday to end Saturday delivery for standard mail to deal with a labor shortage at Japan Post Co and a drop in demand due to increased use of the internet. (Japan Today)