- 18 Apr 2011:Japan voters critical of Kan's response, support disaster taxes (Apr 18) - Bloomberg (via Businessweek)Japanese voters are critical of Prime Minister Naoto Kan's handling of the crisis at a crippled nuclear plant and support raising taxes to finance rebuilding plans after last month's earthquake and tsunami, surveys show.
- 15 Apr 2011:The reserves increase as Beijing buys dollars and other foreign currency to restrain the rise of its yuan as export revenues and investment pour into its economy. In freer trading, that flood of cash would push up the yuan's value against the dollar, making Chinese exports more expensive abroad.
- 12 Apr 2011:The deficit for the first three months of 2011 stood at US$1.02 billion, according to the latest data by the General Administration of Customs. China has said that it is working towards increasing domestic demand and becoming less reliant on exports to sustain its growth.
- 30 Mar 2011:Firms across the world fear shortages of parts that used to be made in the Japanese factories now shuttered because of power and water shortages, or because of road and port closures, following the quake and the floods. And carmakers, whose products often contain some 20,000 individual parts, are expected to be among those worst hit.
- 24 Mar 2011:The effects of the earthquake and tsunami have thrown a shadow over Japan's exports. Exports rose 9% in February 2011 from a year earlier, but those figures don't reflect the impact from the earthquake which hit on March 11.
- 18 Mar 2011:Earlier this week, the yen hit its highest level since World War II against the US dollar, adding to fears over Japan's recovery. The yen weakened to 81.81 against the US dollar after news of the plan.
- 2 Mar 2011:Growing global demand has fuelled a surge in US manufacturing activity, which last month (Feb. 2011) accelerated at its fastest rate in almost seven years, according to the Institute of Supply Management.
- 25 Feb 2011:Asian currencies were set for a weekly decline, led by the Taiwan dollar and South Korea's won, as an uprising in Libya pushed up oil prices and sapped demand for emerging-market assets.
- 22 Feb 2011:Eurozone manufacturing and service activity in February 2011 hit levels last seen in July 2006 but inflation, an increasing concern, also jumped sharply, a closely watched survey has shown.
- 18 Feb 2011:The European Parliament has ratified a free-trade pact between the EU and South Korea - clearing the way for the deal to come into effect from July.
- 15 Feb 2011:At its current rate of growth, analysts see China replacing the US as the world's top economy in about a decade.
- 10 Feb 2011:German exports rose 0.5% in December to round out a year of strong growth, increasing 18.5% in 2010, figures show.
- 8 Feb 2011:Japan's economy will emerge from a lull soon and is certain to pull out of deflation over time, a Bank of Japan policymaker said, offering a somewhat upbeat take on the outlook on budding signs of a recovery.
- Taiwan's dollar rose past NT$29 against the greenback for the first time since 1997 on speculation the central bank is letting the currency strengthen as foreign funds buy the island's assets.
- 17 Jan 2011:Singapore's exports rose at a slower pace in December, ending a year in which shipments jumped the most since 2003 as the global economic recovery boosted demand for the island's goods.
- 7 Jan 2011:The monetary authority has been limiting gains in the Taiwan dollar toward the close of trading almost every day since April.
- 3 Jan 2011:Factory output growth eased in India and China in December, but strengthened in South Korea and Taiwan, narrowing a gap in manufacturing activity between much of developing Asia and the region's emerging economic giants.
- 19 Dec 2010:Germany's economy is fueling the euro region's recovery as declining unemployment encourages consumer demand and companies boost investment, helping counter weaker exports.
- 15 Dec 2010:The currency rose as much as 2.3% to NT$29.890 versus the greenback, its highest since October 1997, before trimming its gain to close at NT$30.45.
- 10 Dec 2010:China's exports for November 2010 were up 34.9% versus a year earlier, compared with an expected 25%. In October the increase was only 22.9%.
- 6 Dec 2010:What a long, strange trip it's been for the South Korea-US free trade agreement. The two sides announced this weekend that they've reached a deal on revisions to the draft that was signed in 2007 but never ratified. It comes not a moment too soon, given the boost this will give to a US economy stumbling its way to recovery and with tensions rising on the Korean peninsula.
- 3 Dec 2010:Theoretically, that makes sense: The more dollars in the economy, the less valuable the currency. But from what we've seen - at least so far - the critics are wrong. The greenback's gains have been surprisingly good recently.
- 26 Nov 2010:"Japanese should have the courage to open the county much wider and compete globally, because Japan has no choice but to depend on foreign trade for survival..."
- 16 Nov 2010:October inflation hit a higher-than-expected 4.4%, up from September's 3.6%, the Bureau of Statistics said. It added that the government needed to do more to control price rises.
- 15 Nov 2010:China, the world's largest producer of rare-earth metals, will speed up exports of the minerals after delays disrupted supply, according to Japan's Trade Minister Akihiro Ohata.
- Instead of using China as a production base, Hynix in its early days produced a wide range of high-tech products in South Korea that it then exported to China and other countries.
- 22 Oct 2010:Rare earth metals are sprinkled in a vast number of the things that make the modern world go round - from iPods to windturbines, electric car engines to flat-screen TVs and smart-bombs. The reason you'll hear a lot about them is 1) because China currently controls 93-97% of the world's production and 2) because China is enforcing strict new quotas on the exports of rare earths which is pushing up global prices sharply.
- 14 Oct 2010:The US currency was quoted at 81.21 yen in early Thursday (October 14) trading in Tokyo - losing more ground against the Japanese currency after briefly recovering from a prior 15-year low of 81.37 yen struck in Sydney on Monday.
- 4 Oct 2010:The recent dust-up between China and Japan suggested how neighbours can have incompatible interests. But in business, things are often rather different. In one example, China's emergence as a producer of sophisticated technology is helping strengthen one of the few big microchip businesses left in Japan.
- 27 Sep 2010:Japan's export-led recovery has been constrained by the strong yen, which makes goods sold abroad more expensive and reduces the value of profits repatriated.
- 17 Sep 2010:The world's major industrial economies can't all export their way to prosperity.
- 16 Sep 2010:"China took the very important step in June of signaling that they're going to let the exchange rate start to reflect market forces. But they've done very, very little, they've let it move very, very little in the interim," said US Treasury Secretary Timothy Geithner.
- 15 Sep 2010:The central bank stepped in to sell yen and buy dollars, a day after the yen hit a 15-year high against the dollar. It is the first time in six years that the Bank of Japan has intervened.
- 14 Sep 2010:Russia applied to join the WTO's predecessor, the General Agreement on Tariffs and Trade or GATT, in June 1993 but remains the biggest economy outside the trade body and has previously accused the US of holding up its bid.
- 9 Sep 2010:The US trade deficit was smaller than expected in July, figures have shown, as exports reached their highest level in almost two years.
- 7 Sep 2010:China's deputy trade envoy, Chong Quan, rejected complaints that Beijing intentionally boosts its trade surplus by promoting exports while holding down imports. Speaking at a trade forum, Chong repeated promises to boost imports of resources and high-tech equipment and to ease costs for importers but announced no new initiatives.
- 1 Sep 2010:Many high-technology companies have run afoul of the US' Export Control System, which regulates the overseas sales of items that can be put to use for military or intelligence-gathering purposes.
- 31 Aug 2010:But analysts called the measures too timid in the face of the problems plaguing Japan's export-oriented economy.
- 18 Aug 2010:Now it's official. Taiwan's legislature on late Tuesday night approved the Economic Cooperation Framework Agreement, the landmark trade deal between China and Taiwan.
- 11 Aug 2010:The trade surplus for July 2010 grew to US$28.7 billion, well ahead of the US$20bn recorded in June and significantly more than analysts' forecasts. The data reflected a continued strong increase in exports, but the pace of growth in imports slowed sharply.
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