Japan

Japan and the European Union say they’re close to agreement on a broad free-trade deal. It would be the largest such pact for the EU. The two trading partners have been hammering out this deal since 2013, but negotiations have taken on new urgency recently.  Click the audio player above to hear the full story.

Another day, another major Japanese conglomerate in financial trouble. This time, Toshiba. The company has announced it’s lost so much money, there’s “substantial doubt about the company’s ability to continue as a going concern.” What’s next for the company and for Japanese mega corporations like it? Click the audio player above to hear the full […]

Secretary of State Rex Tillerson begins a swing through Asia today. He’ll talk with leaders about the North Korean nuclear threat and bilateral trade deals. Tillerson’s first stop is Japan, where Prime Minister Shinzo Abe is preparing to combat the country’s shortage of skilled labor with a new proposal — free education for some students. […]

Toshiba, a fixture of Japan Inc. for more than a century, is in big trouble — to the tune of $6.3 billion. The company announced that whopping loss after the market closed in Tokyo today, and that may not be the worst yet. Some news reports say Toshiba might not survive in its current form. […]

Prime Minister Abe will meet with President Trump tomorrow.