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China's March exports rise 30.6% as global demand revives
BEIJING (AP) ??" China's exports rose 30.6% over a year ago in March as global consumer demand strengthened and traders watched for signs of what President Joe Biden might do about reviving tariff war talks with Beijing.Exports rose to $241.1 billion, decelerating from the dramatic 60.6% rebound in the first two months of 2021, customs data showed Tuesday. Imports rose 38.1% over a year ago to $227.3 billion in a sign of reviving Chinese activity.
That is a "positive signal that global economic and trade activities are recovering and market confidence increasing," a... Read More
Asian shares gain despite virus worries; China exports rise
TOKYO (AP) ??" Asian shares were mostly higher on Tuesday with hopes growing for a global economic rebound despite surging coronavirus cases in many places.China reported its exports rose nearly 31% in March, in line with expectations but weaker than the 60% growth seen in the first two months of the year.
The rising trade activity reflects higher demand in overseas markets even as some countries reimpose precautions to counter rising numbers of new infections.
Japan's benchmark Nikkei 225 gained 1.0% in morning trading to 29,832.50. South Korea's Kospi... Read More
Japan to start releasing Fukushima water into sea in 2 years
TOKYO (AP) ??" Japan's government decided Tuesday to start releasing massive amounts of treated radioactive water from the wrecked Fukushima nuclear plant into the Pacific Ocean in two years ??" an option fiercely opposed by local fishermen and residents.The decision, long speculated but delayed for years due to safety concerns and protests, came at a meeting of Cabinet ministers who endorsed the ocean release as the best option.
The accumulating water has been stored in tanks at the Fukushima Daiichi plant since 2011, when a massive earthquake and tsunami damaged its... Read More
Late president's book outlines vision for Japan's Nintendo
TOKYO (AP) ??" Nintendo's late president Satoru Iwata oversaw the video-game maker's global growth as Super Mario and Pokemon became household names."Ask Iwata" was published after his death from cancer in 2015 at age 55. This month, VIZ Media is publishing the English translation of the book, which came out in Japanese in 2019.
"On my business card, I am a corporate president. In my mind, I am a game developer. But in my heart, I am a gamer," Iwata once said, one of many quotes that stand out in the book.
Throughout the book, Iwata outlines his vision for... Read More
Biden wants infrastructure deal, but GOP doubts persist
WASHINGTON (AP) ??" President Joe Biden wants Congress to know he's sincere about cutting a deal on infrastructure, but Republican lawmakers have deep-seated doubts about the scope of his proposed package, its tax hikes and Biden's premise that this is an inflection point for the U.S. as a world power.Biden met Monday afternoon with a bipartisan group of lawmakers and tried to assure them that the Oval Office gathering was not "window dressing." One of the core disputes is over what counts as infrastructure in his $2.3 trillion proposal.
"I'm prepared to negotiate as... Read More
Top Stories in Business/Finance
- China's March exports rise 30.6% as global demand revives
- Asian shares gain despite virus worries; China exports rise
- Japan to start releasing Fukushima water into sea in 2 years
- Late president's book outlines vision for Japan's Nintendo
- Biden wants infrastructure deal, but GOP doubts persist
- Microsoft buying speech recognition firm Nuance in $16B deal
- Fox stands behind Tucker Carlson after ADL urges his firing
- US budget deficit jumps to record $1.7 trillion this year
- Biden tells execs US needs to invest, lead in computer chips
- Drivers wanted: Record demand at Uber as vaccinations rise
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