Latest Japan News

Global markets gain on Huawei grace period

May. 21, 2019 8:32 AM EDT

BEIJING (AP) — Most global stock markets rose Tuesday after the U.S. government issued a 90-day grace period on its order to bar U.S. firms from selling to Chinese telecom gear maker Huawei. The reprieve eases the immediate hit on U.S. suppliers and has at least temporarily quelled investors' anxiety over...

IOC confident Tokyo can resolve complaints over budget cuts

May. 21, 2019 8:18 AM EDT

TOKYO (AP) — The heads of some international sports federations complained this month that Tokyo Olympic organizers were cutting too deeply to save money. One said the cost reductions could make venues look cheap, reminding of deep, last-minute budget slashing at the 2016 Rio de Janeiro Olympics. John...

Asian stocks mixed after Wall Street fall on Huawei anxiety

May. 21, 2019 2:03 AM EDT

BEIJING (AP) — Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. Benchmarks in Shanghai, Seoul and Sydney advanced, while Tokyo and Hong Kong declined. Anxiety over U.S.-Chinese trade tension was reignited by Washington's...

Asian stocks mixed after Wall Street fall on Huawei anxiety

May. 21, 2019 12:49 AM EDT

BEIJING (AP) — Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. Benchmarks in Shanghai and Seoul advanced, while Tokyo, Hong Kong and Sydney declined. Anxiety over U.S.-Chinese trade tension was reignited by Washington's...

Japan wrestling with Trump going to sumo during state visit

May. 21, 2019 12:32 AM EDT

TOKYO (AP) — Plans for U.S. President Donald Trump to check out the ancient Japanese sport of sumo wrestling during a state visit are raising security issues for organizers. Japanese Prime Minister Shinzo Abe is eager to have Trump and his wife, Melania, attend the final day of a 15-day tournament on May...

Packing his bags: Trump plans jet-setting summer of travel

May. 20, 2019 4:41 PM EDT

WASHINGTON (AP) — Four days in Tokyo. Then it's off to see Queen Elizabeth before a jaunt to Normandy, France, and perhaps time in Ireland. A return trip to Japan? Why not. And throw in Seoul. Then it's back to France for President Donald Trump for a summit with world leaders. The homebody president is...

World shares mixed with no easing of China-US trade dispute

May. 20, 2019 6:58 AM EDT

BANGKOK (AP) — Shares declined in Europe on Monday after a mixed day in Asia in the absence of positive updates on the trade standoff between the U.S. and China. Britain's FTSE 100 lost 0.7% at 7,297.67 while Germany's DAX declined 1.2% to 12,091.38. The CAC 40 in France shed 1.2% to 5,374.14. Wall Street...

Japan economy expands 2%, 2nd straight quarter of growth

May. 20, 2019 12:35 AM EDT

TOKYO (AP) — Japan's economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansion, according to government data released Monday. The Cabinet Office said seasonally adjusted real gross domestic product, the total value of a nation's goods and services, grew...

The Latest: Tariff agreement hailed by business groups

May. 18, 2019 6:23 AM EDT

WASHINGTON (AP) — The Latest on President Donald Trump and U.S. trade tariffs (all times local): 4:50 p.m. Mexico's National Chamber of the Iron and Steel Industry is congratulating the country's officials on the agreement reached with the United States on ending steel and aluminum tariffs. The chamber...

Q&A: Is there a way out of the US-China trade fight?

May. 18, 2019 12:27 AM EDT

WASHINGTON (AP) — The United States and China have been trading punches over trade for months. And the slugfest has only intensified this month. Claiming that the Chinese had reneged on earlier commitments in trade negotiations, the United States on May 10 more than doubled tariffs on $200 billion in...