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INTERNATIONAL > U.S.

U.S., Japan engaged in “war of nerves” over forex policy

Yomiuri wrote that the “war of nerves” between the U.S. and Japan over foreign exchange policies is escalating, as the yen’s value against the U.S. dollar surged to the mid-105 level on Tuesday. The paper wrote that Washington’s policy turnaround from its effective approval of the weak yen is behind the yen’s rapid appreciation and that the Treasury Department’s recent….Read more

INTERNATIONAL > U.S.

Japanese, Chinese, ROK finance ministers discuss U.S. warning on forex policy

Asahi wrote that the finance ministers and central bank governors of Japan, China, and South Korea discussed at their meeting on Tuesday in Frankfurt the recent move by United States to put them on its new currency watch list. Finance Minister Aso said Japan’s foreign exchange policy will not be restricted by the U.S. designation.

  • May 4, 2016
  • , Asahi , p.4
  • summary

ECONOMY > External Relations

U.S. puts Japan, other nations on currency watch list

Weekend papers wrote that the Treasury Department released a semi-annual report on the foreign-exchange policies of major U.S. trading partners, in which Japan, China, Germany, and other nations were put on a watch list. The USG will monitor their forex practices to gauge whether they provide an unfair trade advantage over the U.S. Noting that the report called the yen’s….Read more

  • May 1, 2016
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  • summary

ECONOMY

JR Tokai to set up U.S. subsidiary for Texas shinkansen project

Yomiuri wrote in its economic news section on page 10 that Central Japan Railway Co. (JR Tokai) is making final arrangements to establish a U.S. subsidiary in Dallas, Texas, by July to provide technological assistance in bringing the shinkansen high-speed rail system to Texas, linking Dallas and Houston in about 90 minutes. The company plans to dispatch about 20 engineers….Read more

  • January 21, 2016
  • , Yomiuri
  • JMH Summary

INTERNATIONAL > East Asia & Pacific

AIIB inaugurated

All Sunday papers reported on the inauguration on Saturday in Beijing of the Asian Infrastructure Investment Bank (AIIB) amid worldwide concern over the slowing Chinese economy. Asahi wrote that Japan remains cautious about the possibility of participating in the bank. The paper conjectured that the United States is making efforts to effectuate the TPP agreement as a new economic framework….Read more

  • January 19, 2016
  • , All national papers
  • JMH Summary
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INTERNATIONAL > East Asia & Pacific

Japan to resume economic dialogue with China after more than five years

Today’s Sankei front-paged arrangements being worked out between Japan and China to resume high-level economic dialogue later this month for the first time in almost 66 months. A vice premier in charge of economic affairs, the foreign minister, and other senior Chinese officials will visit Tokyo to discuss the response to the recent financial market instability, bilateral coordination on the….Read more

  • January 19, 2016
  • , Sankei
  • JMH Summary

INTERNATIONAL

AIIB inaugurated

All papers ran inside-page reports on the inauguration on Saturday in Beijing of the Asian Infrastructure Investment Bank (AIIB) amid worldwide concern over the slowing Chinese economy. Asahi wrote that Japan remains cautious about the possibility of participating in the bank, quoting Finance Minister Aso as saying on Friday that there has been no change in Tokyo’ s position. The….Read more

  • January 17, 2016
  • , All national papers
  • JMH Summary
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ECONOMY

Iranian oil minister confident sanctions will be lifted

(Yomiuri: October 6, 2014 – p.4) On October 4, Iranian oil minister Zangeneh revealed in an exclusive interview with Yomiuri that the major oil producing country will “make an announcement at a briefing for foreign companies in London on February 22 and 23 of next year” on a new contract procedure for oil and natural gas development. The minister demonstrated….Read more

  • October 6, 2014
  • , Yomiuri
  • JMH Translation
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