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Nov 17 2014
Written by William Mauldin | Posted on The Wall Street Journal

The Obama administration will fall well short of its goal of doubling exports in five years. But it is hoping to secure a longer-run victory on the trade front with sweeping new agreements in the next two years.

Nov 14 2014

For Immediate Release:
November 14, 2014
Contact: Colin Dunn
info@americanautocouncil.org
(202) 400 - 2609

AAPC Statement on Trade Promotion Authority

 

Nov 14 2014
Written by Michael Hunter | Posted on Financial Times

The yen neared its weakest level in seven years on Thursday and Tokyo’s stock indices once more outperformed their Asian peers with the prospect of a snap election continuing to hold sway over the country’s markets.

Speculation that Shinzo Abe, Japan’s prime minister, could seek to confirm his mandate for extended stimulus and delay a second scheduled increase in consumption tax set for next October continued to dominate sentiment.

Nov 10 2014
Written by Shawn Donnan | Posted on Financial Times

The Obama administration faces pressure to include currency provisions in a new Pacific Rim trade pact, with Republicans and Democrats citing swings in the yen as cause for action.

The White House has been trying to avoid addressing the issue in talks with Japan and 10 other countries over a Trans-Pacific Partnership (TPP), since a bipartisan majority in Congress called last year for any resulting pact to include provisions to ban currency manipulation.

Nov 06 2014
Written by Yoko Kubota | Posted on The Wall Street Journal

Toyota Motor Corp. said it expects record profit in its current fiscal year, buoyed by a weaker yen that helps exports and a model lineup that is steaming ahead in the U.S.

The world’s largest auto maker by vehicle sales turned in another blockbuster quarter powered by sales of its profitable sport-utility vehicles in the U.S. Toyota’s July-September net profit rose 23% from a year earlier to ¥539 billion yen ($4.7 billion), topping profit at global rivals Volkswagen AG and General Motors Co.