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Trade asian news

Maria Siow - Japan sells itself as Global South’s China counterweight with whistle-stop tour of Africa, South Asia - scmp.com - Japan -  Tokyo - France - China - India -  Paris - Ivory Coast - Mozambique

Japan sells itself as Global South’s China counterweight with whistle-stop tour of Africa, South Asia

As well as stepping up engagement, Tokyo’s aim is to narrow the development gap among countries in the Global South – a term for a loose grouping of developing nations – according to Céline Pajon, head of Japan research at the French Institute of International Relations’ Centre for Asian and Indo-Pacific Studies in Paris.

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Nikkei staff writers - Yen surges to 151 against dollar on soft U.S. jobs data - asia.nikkei.com -  Tokyo - New York

Yen surges to 151 against dollar on soft U.S. jobs data

TOKYO -- The yen strengthened to the 151 level against the dollar in New York trading on Friday, the highest in more than three weeks, following the release of weaker-than-expected U.S. payroll data.

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YUSHO CHO - Nikkei staff writer - Corporate China suffers first profit decline in 5 years - asia.nikkei.com -  Tokyo - China

Corporate China suffers first profit decline in 5 years

TOKYO -- China's publicly traded companies took a net profit hit for the first time in five years in 2023, as a protracted property sector slump bled into other industries.

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Xi Jinping - Ursula Von - Nikkei staff writer - Xi Jinping's trip to Europe to center on trade as challenges 'pile up' - asia.nikkei.com - France - China - Hungary -  Paris - Serbia

Xi Jinping's trip to Europe to center on trade as challenges 'pile up'

PARIS -- Chinese President Xi Jinping is set to embark on his first European diplomatic tour in five years, starting in France before traveling on to Serbia and Hungary.

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Donald Trump - Dan Mangan - Trump Media auditor charged by SEC with 'massive fraud,' permanently barred from public company audits - cnbc.com

Trump Media auditor charged by SEC with 'massive fraud,' permanently barred from public company audits

The auditing firm for Trump Media and the auditor's owner were charged Friday with "massive fraud" by the Securities and Exchange Commission for work that affected more than 1,500 SEC filings, the federal regulator announced.

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How greater EU autonomy can boost relations with China - scmp.com - China - Usa - Washington - Germany - Eu

How greater EU autonomy can boost relations with China

Macron’s overall strategy reflects the inclination for Europe to autonomously manage ties with China, independent of the United States. Amid uncertainties in US politics, Europe now hesitates to prioritise Washington’s interests over its own, signalling a noteworthy shift.

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Ralph Jennings - Denny Roy - Taiwan, US enter ‘harder’ phase of trade talks as mainland China bristles - scmp.com - China - Taiwan - Usa - Philippines - Indonesia - state Hawaii - Vietnam

Taiwan, US enter ‘harder’ phase of trade talks as mainland China bristles

Negotiators from Taiwan and the United States concluded five days of complex talks over the second phase of their trade deal on Friday, with analysts predicting “harder” progress in negotiations due to the numerous labour, environmental and agricultural practices involved.

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Credit Agricole's first-quarter earnings jump as investment banking beats rivals - cnbc.com - France

Credit Agricole's first-quarter earnings jump as investment banking beats rivals

Credit Agricole, France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals.

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