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24.06.25 - 04:12
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Japanese Market Sharply Higher (AFX)
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TOKYO (dpa-AFX) - The Japanese stock market is trading sharply higher on Tuesday, reversing some of the losses in the previous three sessions, following the broadly positive cues from Wall Street ......
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24.06.25 - 02:57
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Automotive Industry Imbalance Delays Trade Negotiations With Japan (ZeroHedge)
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Automotive Industry Imbalance Delays Trade Negotiations With Japan
Japan's auto exports remain the biggest obstacle in reaching a trade deal with the U.S., according to opposition leaders briefed by Prime Minister Shigeru Ishiba.
Yoshihiko Noda, head of the Constitutional Democratic Party, said after a Thursday meeting with Ishiba that the U.S. focus on the automotive trade deficit is the primary roadblock, according to Bloomberg.
“He didn't give a clear explanation, but it seems that the US has the strongest interest in the auto trade deficit,” Noda told reporters. “Various ideas were probably proposed, but there are differences in thinking regarding autos. So, he said a general consensus has yet to be reached.”
Despite two months of negotiations and a recent meeting between Ishiba and U.S. President Donald Trump at the G7 summit in Canada, no agreement has been made.
Japan's trade surplus with the U.S. reached ¥8.6 trillion ($59.3 billion) last year—82% of which came from autos...
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24.06.25 - 01:42
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Japan Stock Market Poised To End Losing Streak (AFX)
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TOKYO (dpa-AFX) - The Japan stock market has finished lower in three straight sessions, stumbling more than 530 points or 1.4 percent along the way. The Nikkei 225 now rests just above the 38,350-......
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