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  • April 19, 2014
  • Last updated: 11:56am
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  1. Business - Economy - TRADE

    Japan and the United States face off in crucial trans-Pacific trade negotiations

    Posted Apr 09th 2014, 02:03pm by Reuters in Tokyo

    ... on Monday, overcoming sticking points on beef and cars that had threatened to stymie a deal, and agreed to work towards signing it as soon as possible. “Clearly we are looking for a level of ambition ... per cent on imports of passenger cars and 25 per cent on light trucks. “Japan and the United States are dominant among parties participating in TPP talks in terms of economy.” Japan's ...

  2. Business - Economy - TRADE

    Japan’s trade deficit shrinks as exports rise 9.8pc

    Posted Mar 19th 2014, 11:15am by Reuters

    ... Reuters in Tokyo Japan’s exports rose 9.8 per cent last month from a year earlier as shipments recovered from a Lunar New Year slowdown, Ministry of Finance data showed on Wednesday. The rise in exports fell short of a 12.4 per cent gain expected by economists in a Reuters poll, and was led by brisk shipments of cars. It followed a 9.5 per cent year-on-year increase in January. ...

  3. Business - Economy - TRADE

    EU set to offer to remove tariffs on nearly all imports from US

    Posted Feb 07th 2014, 03:49pm by Reuters

    ... week. All moves to lower the cost of trade are seen as beneficial for companies, particularly carmakers with US and European plants such as Ford Motor, General Motors and Volkswagen. EU cars imported into the US are charged a 2 per cent duty, while the EU sets a 10 per cent duty on US cars. Including even higher duties for trucks and commercial vans, the burden for carmakers amounts ...

  4. News - China - TRADE

    China’s FAW signs deal to build vehicles in Algeria

    Posted Nov 10th 2013, 08:24pm by Agence France-Presse in Algiers

    ... of a car plant in the western region of Oran. Renault had asked for a production monopoly in the country for at least three years, which was rejected. Launched in 1953, FAW employs 130,000 people worldwide producing buses, cars and lorries. In last year, it had a turnover of US$61 billion (HK$473 billion), according to company figures. ...

  5. Business - China Business - TRADE

    China and Europe make up after averting subsidy row

    Posted Oct 25th 2013, 01:11pm by Reuters

    ... but Beijing threatened sanctions on goods including German cars and French wine. Both sides agreed a minimum price for panels from China in July. In a goodwill gesture, the EU hopes China will halt ...

  6. Business - Economy - TRADE

    Japan faces record run of deficits

    Posted Sep 17th 2013, 02:05pm by Reuters

    ... and fuel-efficient cars and iconic electronic gadgets such as Sony's Walkman. Today, however, no turnaround is in sight. Even though increased fuel imports since the March 2011 Fukushima nuclear ...

  7. Business - Economy - TRADE

    Weaker yen sees Japan exports hit 3-year high

    Posted Aug 19th 2013, 09:58am by Reuters

    ... Reuters in Tokyo Sales of cars, electronics to the US drive growth but world's third-largest economy books trade deficit in July as imports rise on dearer oil Weaker yen sees Japan exports hit 3-year high Japanese exports rose last month at the fastest annual pace in nearly three years as the benefits of a weak yen finally started to take hold, and brisk sales of cars ...

  8. News - China - TRADE

    Hollande urges co-operation between Beijing, EU

    Posted Jun 09th 2013, 12:00am by Reuters

    ... to an escalating trade dispute that began with solar panels but has since spread to European wines and cars. Speaking at a conference with Japanese business representatives in Tokyo, Hollande said ... that the tit-for-tat dispute will spread to the car sector. Europe's official car industry association said on Friday that Beijing might look into a complaint about luxury cars imported from the EU. ...

  9. Business - Economy - TRADE

    China to impose anti-dumping duties on European chemical

    Posted Jun 27th 2013, 02:43pm by Reuters in Beijing

    ... 36.9 per cent, it added. The announcement concluded an investigation into the product started in June last year. China may look into a complaint about luxury cars imported from the EU, fanning ...

  10. News - China - TRADE

    Germany rejects EU tariffs on Chinese-made solar panels in bid to avert trade war

    Posted May 28th 2013, 12:00am by AGENCIES, Teddy Ng

    ... trading partner, with exports to China worth €66.6 billion (HK$669 billion) last year, mostly cars, car parts, machinery and electrical goods. Hans Kundnani, of the European Council on Foreign ...




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