Trump Signs Trade Deal With Japan, Despite Calls for Impeachment

Trump and abe

President Donald Trump stated Wednesday that the United States and Japan have reached a limited trade deal in the midst of continued negotiations for a more thorough agreement. Most notably, $7 billion in agricultural products from the United States will become available while Japan will cut or remove tariffs on such products. Furthermore, the U.S. … Read more

Asian Stocks See Mixed Results Following Fed’s Unusual Repo Operation

Japan stocks

Stocks in the Asia Pacific region traded mixed on Wednesday, as investors gauged prospects for monetary policy after the Federal Reserve took action in re-balancing the money markets. Asian Markets Mixed There was no clear-cut direction in Asian equities on Tuesday. Japan’s benchmark Nikkei 225 index edged up 0.1% to 22,012.72. The Topix index, which … Read more

Risk Appetite Fuels Asian Stocks as Nikkei Surges to Four-Month High

Asian stocks

Asian stocks were mostly higher on Thursday, as the prospect of U.S.-China trade talks and more stimulus from the European Central Bank (ECB) fueled risk appetite across the region. Nikkei Leads Asia Rally Japanese stocks were at the center of Thursday’s early-morning rally, with the Nikkei 225 index rising 190.19 points, or 0.9% to 21,787.95. … Read more

Japan Second-Quarter GDP Revision Sparks Recession Fears

Japan

Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan’s GDP output later this year, plunging the country closer to recession. Japan GDP Revised Downward Japan’s gross domestic product … Read more