Japan

Asian markets rise on optimism about US-China trade war

TOKYO (AP) — Asian shares rose Tuesday as investors found reason to be cautiously optimistic again about the potential for progress in the costly trade war between the U.S. and China.

Japan’s benchmark Nikkei 225 rose 1.1% in afternoon trading to 20,491.03. Australia’s S&P/ASX 200 added 0.6% to 6,481.60, while South Korea’s Kospi gained 0.7% to 1,930.54. Hong Kong’s Hang Seng inched up 0.1% to 25,707.14. The Shanghai Composite added 1.7% to 2,911.62.

Asian shares tumble as US-China trade war renews uncertainty

TOKYO (AP) — Asian shares tumbled Monday after the latest escalation in the U.S.-China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump might say next.

Japan’s benchmark Nikkei 225 started plummeting as soon as trading began and stood at 20,234.87 in the morning session, down 2.3%. Australia’s S&P/ASX 200 slipped 1.5% to 6,427.20. South Korea’s Kospi lost 1.7% to 1,916.14. Hong Kong’s Hang Seng dropped 3.3% to 25,309.37, while the Shanghai Composite was down 1.2% at 2,862.87.

Seoul will push to boost US military alliance

TOKYO (AP) — The Latest on South Korea ending an intelligence-sharing deal with Japan (all times local):

3:20 p.m.

South Korea says it will push to bolster its military alliance with the United States amid worries that its decision to terminate its intelligence-sharing deal with Japan would weaken the Seoul-Washington alliance.

Senior presidential official Kim Hyun-chong also told reporters Friday that South Korea will try to bolster its own defense capability by introducing military satellites and other reconnaissance assets.

Japan leader says SKorea canceling intel deal damages trust

TOKYO (AP) — Japanese Prime Minister Shinzo Abe on Friday said South Korea’s decision to cancel a deal to share military intelligence is damaging mutual trust, and he vowed to work closely with the U.S. for regional peace.

Abe also accused Seoul of not keeping past promises. The military agreement started in 2016.

“We will continue to closely coordinate with the U.S. to ensure regional peace and prosperity, as well as Japan’s security,” he said, ahead of his departure for the Group of Seven summit of industrialized nations in France.

Asian shares mostly rise after Wall Street rally on Huawei

TOKYO (AP) — Asian shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers.

That decision appeared to inspire a buying mood among investors eager for any signs of progress in the trade war between the U.S. and China.

Japan’s exports fell in July for 8th straight month

TOKYO (AP) — Japan’s exports fell for the eighth straight month in July as worries continued about President Donald Trump’s trade policies denting Asian economic growth.

Ministry of Finance data released Monday showed exports and imports fell in July, compared to the same month a year ago. Exports fell 1.6%, while imports slid 1.2%, resulting in a trade deficit of 249.6 billion yen ($2.35 billion).

Global markets have been in turmoil because of Trump’s trade war with China. A slowdown in China is certain to hurt other regional economies, including Japan’s.

Asian shares rise as investors watch trade war, economies

TOKYO (AP) — Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump’s trade war and growing worries about slowing economies around the world.

Japan’s benchmark Nikkei 225 rose 0.6% in early trading to 20,532.95. Australia’s S&P/ASX 200 gained 0.8% to 6,454.40, while South Korea’s Kospi was 0.4% higher at 1,934.78. Hong Kong’s Hang Seng rose 0.9% to 25,734.22. The Shanghai Composite added 0.3% to 2,823.82.

Asian shares mixed amid ongoing worries about US-China trade

TOKYO (AP) — Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about U.S.-China trade conflict.

Japan’s benchmark Nikkei 225 recouped early losses to be up 0.3% at 20,456.96 in morning trading. Australia’s S&P/ASX 200 inched down nearly 0.1% to 6,402.40, while South Korea’s Kospi fell 0.8% to 1,923.56. Hong Kong’s Hang Seng added 0.8% to 25,701.58. The Shanghai Composite gained 0.7% to 2,834.85.

Evacuations And Cancelled Flights As Japan Braces For Tropical Storm

TOKYO, Japan, Aug 15 (NNN-AGENCIES) – Japan has been hit by heavy rain, as the country braces for a severe tropical storm, with hundreds of flights cancelled and large areas evacuated.

Storm Krosa is expected to make landfall Thursday afternoon, on the southern island of Shikoku.

More than 400,000 people have been evacuated from the region, while many trains were halted and highways closed.

Almost 700 flights have been cancelled, affecting travel during the summer holiday season.

Asian shares rise on US plan to delay some China tariffs

TOKYO (AP) — Asian shares were mostly higher Wednesday after the U.S. said it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items typically on holiday shopping lists.

Japan’s Nikkei 225 added 1.2% in early trading to 20,691.10, while Australia’s S&P/ASX 200 rose 0.5% to 6,598.50. South Korea’s Kospi gained 1.3% to 1,951.33. Hong Kong’s Hang Seng rose 1.3% to 25,618.67. The Shanghai Composite edged up 0.9% to 2,822.30.

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