Japan records smallest trade gap since June ’13

Finally, some good news for Japan: the country’s trade deficit was considerably slimmer than anticipated as exports rose at their fastest pace in eight months. The trade deficit came in at Y710bn in October, the smallest shortfall since June 2013 and down 26 per cent from Y961bn a month before. Analysts had expected the trade Read more about Japan records smallest trade gap since June ’13[…]

Obama says momentum building on ‘historic’ trans-Pacific trade deal

(Reuters) – U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the first leg of an eight-day Asia tour. U.S officials had ruled out a major announcement on the ambitious 12-country Trans-Pacific Partnership (TPP) in Beijing, where Obama will attend the Read more about Obama says momentum building on ‘historic’ trans-Pacific trade deal[…]