Toyota decides to withdraw from Russian business
International Business News – Toyota has decided to withdraw from the Russian business. The Russian-Ukrainian conflict has caused prolonged supply chain disruptions and financial sanctions have made it more difficult to continue business. Mazda has also begun negotiations with its…
Kazakhstan to increase horsemeat exports to Japan
International Business News – According to Kazakh Agricultural Network, nine new Kazakh companies have obtained the right to export horse meat to Japan. Nine more Kazakh meat processing companies have been included in the list of companies authorized to export…
Japan’s trade deficit hits record high in first half of 2022
International Business News – The preliminary value of trade statistics for the first half of 2022 (January to June) announced by the Ministry of Finance of Japan on the 21st (subject to customs clearance) shows that the trade balance of…
Wuxi opens regular cargo route to Osaka, Japan
International Business News – On June 19, Wuxi regular cargo route to and from Osaka was officially opened. At 12:20 on the same day, a plane full of electronic components, medical devices and other goods took off from Sunan Shuofang…
Japan’s Osaka Expo site to build a ring-shaped roof
International Business News – The Japan International Exposition Association announced on the 13th the outline of the huge ring-shaped roof “RING” with a circumference of 2 kilometers to be built with wood in the 2025 Osaka-Kansai Expo site. Not only…
Shinzo Abe: Betting on TPP to deal with China’s rise
International Business News – Hiroyuki Nishimura: Japanese Prime Minister Shinzo Abe surprised New Yorkers. On November 17, 2016, just 9 days after the US presidential election, the then Japanese Prime Minister visited Donald Trump’s private residence “Trump Tower” on Fifth…
Japan’s trade deficit in first half of 2022 hits largest since 1979
International Business News – On July 21, the Japanese Ministry of Finance released a preliminary report on trade statistics for the first half of 2022 (January to June), showing that the trade balance (exports minus imports) was a deficit of…
Japan’s machine tool exports to China turned positive in June
International Business News – On June 21, the June machine tool order value (determined value) published by the Japan Machinery Industry Association (referred to as the Japanese Trade Union) showed that the order value for China increased by 24% year-on-year…
Japan’s December 2021 core machinery orders fell month-on-month
According to data released by the Cabinet Office on 18th, the seasonally adjusted core machinery order volume in December 2018 was 862.6 billion yen (1 yen about 0.009 US dollars), down 0.1% from the previous month, due to a significant…
Coinbase launches Japanese market trading
The Japanese legal person of Bitcoin and virtual currency trading intermediary and American giant Coinbase Global said on the 19th that it has participated in the Japanese domestic market and started trading. Nao Kitazawa, the president of the Japanese corporation…