Latest news with #Asian
Yahoo
11 minutes ago
- Business
- Yahoo
Japan Won't Fixate on July 9 in US Trade Talks, Akazawa Says
(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. Security Concerns Hit Some of the World's 'Most Livable Cities' One Architect's Quest to Save Mumbai's Heritage From Disappearing JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off Roads NYC Congestion Toll Cuts Manhattan Gridlock by 25%, RPA Reports Taser-Maker Axon Triggers a NIMBY Backlash in its Hometown Japan won't fixate on the looming date for so-called reciprocal tariffs to go back to higher levels, Tokyo's top trade negotiator said, signaling that the Asian nation stands ready for the possibility that talks will drag on. 'To avoid any misunderstanding, I would like to confirm that I have not said at all that July 9 is the deadline for negotiations between Japan and the US,' Economic Revitalization Minister Ryosei Akazawa told reporters on Friday in Tokyo. 'Japan and the US are in regular communication through various channels, and we will continue to consider what is most effective and engage in appropriate consultations.' Akazawa deflected a question over whether Japan will seek an extension of the deadline for the across-the-board tariffs. The US is poised to return the duties to their original levels on July 9 for many nations, which would mean an increase to 24% from 10% at present for Japan. US Treasury Secretary Scott Bessent has indicated the US may grant an extension to countries that are negotiating in good faith. Asked what Japan would do if the levy returns to 24% or the US puts out a different level unilaterally past the deadline, Akazawa hinted at optimism for an extension. 'We are proceeding with the negotiations in good faith and so we understand that various matters will proceed under that premise,' he said after attending a ruling Liberal Democratic Party's tariff task force meeting. The task force didn't urge him to seek an extension of the July 9 deadline, either, Akazawa said. 'In negotiations, setting a deadline and trying to wrap things up by a certain date weaken your position,' he said. 'Once you try to wrap up negotiations, you will have no choice but to accept the outcome.' Japanese Prime Minister Shigeru Ishiba and US President Donald Trump failed to reach a deal earlier this week on the sidelines of the Group of Seven leaders' summit in Canada, despite holding three phone calls to discuss the tariffs prior to their in-person meeting. Akazawa on Friday said he's yet to schedule the next round of negotiations with his US counterparts and that Japan won't set a specific deadline for the talks. He once again described the trade discussions as similar to 'walking through fog,' a phrase he used before the G-7 gathering. The Japanese trade negotiator also hinted at some trouble in vying for time with the US when various matters including rising tensions in the Middle East compete for Washington's attention. 'It is also possible that the US side may find it difficult to allocate sufficient time domestically to make substantial progress in the Japan-US negotiations,' Akazawa said. 'This is truly the case for both sides. We are not solely doing the tariff negotiations.' Akazawa spoke a day after Ishiba met with opposition party leaders, who came away from the conference with the notion that Japan's trade surplus in autos with the US is a sticking point between the two sides. As with other nations, Japan has also been slapped with a 25% tariff on cars and related parts as well as a 50% levy on steel and aluminum. 'Both Japan and the US have national interests that can't be compromised,' Akazawa said. 'Protecting the profits of the automotive industry, which is our key industry, is in Japan's interest.' --With assistance from Akemi Terukina. (Updates with more comments from Akazawa.) Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? The US Has More Copper Than China But No Way to Refine All of It Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? How a Tiny Middleman Could Access Two-Factor Login Codes From Tech Giants ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Times
18 minutes ago
- Business
- Business Times
Japan won't fixate on July 9 in US trade talks
[TOKYO] Japan won't fixate on the looming date for so-called reciprocal tariffs to go back to higher levels, Tokyo's top trade negotiator said, signalling that the Asian nation stands ready for the possibility that talks will drag on. 'To avoid any misunderstanding, I would like to confirm that I have not said at all that July 9 is the deadline for negotiations between Japan and the US,' Economic Revitalisation Minister Ryosei Akazawa told reporters on Friday (Jun 20) in Tokyo. 'Japan and the US are in regular communication through various channels, and we will continue to consider what is most effective and engage in appropriate consultations.' Akazawa deflected a question over whether Japan will seek an extension of the deadline for the across-the-board tariffs. The US is poised to return the duties to their original levels on July 9 for many nations, which would mean an increase to 24 per cent from 10 per cent at present for Japan. US Treasury Secretary Scott Bessent has indicated the US may grant an extension to countries that are negotiating in good faith. Asked what Japan would do if the levy returns to 24 per cent or the US puts out a different level unilaterally past the deadline, Akazawa hinted at optimism for an extension. 'We are proceeding with the negotiations in good faith and so we understand that various matters will proceed under that premise,' he said after attending a ruling Liberal Democratic Party's tariff task force meeting. The task force didn't urge him to seek an extension of the July 9 deadline, either, Akazawa said. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up 'In negotiations, setting a deadline and trying to wrap things up by a certain date weaken your position,' he said. 'Once you try to wrap up negotiations, you will have no choice but to accept the outcome.' Japanese Prime Minister Shigeru Ishiba and US President Donald Trump failed to reach a deal earlier this week on the sidelines of the Group of Seven leaders' summit in Canada, despite holding three phone calls to discuss the tariffs prior to their in-person meeting. Akazawa on Friday said he's yet to schedule the next round of negotiations with his US counterparts and that Japan won't set a specific deadline for the talks. He once again described the trade discussions as similar to 'walking through fog,' a phrase he used before the G-7 gathering. The Japanese trade negotiator also hinted at some trouble in vying for time with the US when various matters including rising tensions in the Middle East compete for Washington's attention. 'It is also possible that the US side may find it difficult to allocate sufficient time domestically to make substantial progress in the Japan-US negotiations,' Akazawa said. 'This is truly the case for both sides. We are not solely doing the tariff negotiations.' Akazawa spoke a day after Ishiba met with opposition party leaders, who came away from the conference with the notion that Japan's trade surplus in autos with the US is a sticking point between the two sides. As with other nations, Japan has also been slapped with a 25 per cent tariff on cars and related parts as well as a 50 per cent levy on steel and aluminium. 'Both Japan and the US have national interests that can't be compromised,' Akazawa said. 'Protecting the profits of the automotive industry, which is our key industry, is in Japan's interest.' BLOOMBERG
Time of India
29 minutes ago
- Science
- Time of India
Meet this year's #Unstoppable21
The young talents nominated by the TOI jury come from different parts of India, spanning categories from sports to science. The youngest is 5 years old, while some are already stars in their field. Tired of too many ads? go ad free now Vaibhav Suryavanshi (14), Tajpur The youngest IPL debutant and record-breaking centurion from Bihar stunned the world with a 35-ball hundred and a strike rate over 200, earning praise as the 'future of Indian cricket' Anmol Kharb (18), Faridabad She led Indian women's team to its maiden gold at the 2024 Badminton Asia Team Championships. By 12, she had clinched the U-17 AllIndia Ranking title. Dhinidhi Desinghu (14), Bengaluru She was the youngest member of the Indian contingent at the 2024 Paris Olympics. She has smashed records and won 11 medals at the 2025 National Games. Esha Singh (20), Hyderabad She became India's youngest national champion in 10m air pistol at 13. She has since bagged many world and Asian medals and emerged as one of India ' s brightest shooters. Tanvi Patri (14), Bengaluru She was Asian U15 badminton singles champion in 2024 at 13. She won her first U8 title in 2018 in China and, in the following year, won eight titles across age categories. Mayank Pandhari (20), Bengaluru A gold medallist at the International Biology Olympiad and science prodigy, he ' s known for research in cancer biology and RNA therapeutics. He ' s now doing research on breast cancer. Aditya Kumar Jha (16), Mumbai This teen innovator is making low-cost, AI-powered diagnostic tools for early liver disease and cancer detection that are accessible to all. Anirudh Nautiyal (20), Vadodara He has created a robotic bomb disposal arm named 'VENOM'. This pioneer of youth-led defence tech in India has been lauded by Prime Minister Narendra Modi. Krisha Janaswamy (19), Mumbai A cancer researcher, she developed a selftest device for cervical cancer that was top 5 at IIT Bombay's Bio-Hackathon and is now patent-filed and funded by ICMR. Tired of too many ads? go ad free now Sooryagayathri (19), Vatakara She catapulted to fame at 9 with her rendition of 'Hanuman Chalisa'. The singer from Kerala has performed in multiple countries, including the US, UK, and Singapore. Uthara Unnikrishnan (20), Chennai She won the National Film Award for Best Female Playback Singer at 10 for 'Azhage', from the film 'Saivam'. She is trained in Carnatic, Hindustani classical, jazz, and R&B. Anirban Roy (15), Kolkata A flautist trained in Hindustani and Western classical music, he has received global recognition, including Asian African Award for Musical Excellence. Steven Samuel Devassy (19), Bengaluru A drumming prodigy who has performed with the likes of A R Rahman and Shivamani, he blends Indian percussion forms with Western rhythms. Samarth Chitta (13), Bengaluru A podcaster and author, he has published two books and turned childhood curiosity into an online platform that helps kids explore careers, ideas, and news. Austin Ajit (12), Bengaluru Austin had written 10 books on animals and environment by 11, channelling his passion for conservation and creating awareness about climate and environment. Anvi Vishesh Agrawal (5), Bhubaneswar A TEDx speaker, Guinness recordholder and an artist, Anvi uses her creativity to champion social causes and was nominated for the Nelson Mandela Leadership Award at Oxford. Jiya Doshi (17), Mumbai A young author and poet, she has written three acclaimed books and won the International Exceller Under 18 Writers Award and Golden Book Awards 2025. Vaibhav Shokeen (21), Delhi Collaborating with Stanford researchers, he helped develop a machine learning tool to diagnose schistosomiasis (a parasitic infection prevalent in some African countries). Ridhhaan Jaiin (11), Pune Founder of a global publishing platform, RidhzWorld Publishing, he has authored five books and helped 28 kids become authors. He holds six Asian and national records. Anoushka Jolly (15) Delhi At 13, she became the youngest entrepreneur to secure funding on Shark Tank India for her anti-bullying initiative, Kavach. She has also won the PM Rashtriya Bal Puraskar. Saiyam Mazumder (17) Guwahati The social activist and India's youngest snake rescuer, Saiyam is also an avid mountaineer and has won the PM Rashtriya Bal Puraskar award.
Winnipeg Free Press
30 minutes ago
- Sport
- Winnipeg Free Press
South Korea lifts 26-year ban on foreign goalkeepers in the K League
SEOUL, South Korea (AP) — A 26-year ban on foreign goalkeepers in South Korea's top soccer league has been lifted for the start of the 2026 season. Only Korean goalkeepers have been allowed to play in the K League, the oldest professional domestic league in Asia, since 1999. The rule was introduced in a bid to protect homegrown talent when there were only 10 professional clubs. The K League announced after a board meeting in Seoul this week that because there's now 26 professional clubs in the top two tiers of competition, there's enough room for international goalkeepers. 'The increase in the number of clubs means that there are enough opportunities for domestic goalkeepers to play even if foreign goalkeepers are allowed,' the board said in a statement. 'We considered the fact that with foreign player registrations restricted, the salary increase rate of domestic goalkeepers has increased disproportionately to outfield players.' There were reportedly concerns, due to the increased size of modern rosters which contain three or four goalkeepers, that there's a shortage of quality keepers in the country. The move will put the K League in line with other major Asian leagues in Japan, Saudi Arabia and China. Thursdays Keep up to date on sports with Mike McIntyre's weekly newsletter. ___ AP soccer:
Yahoo
41 minutes ago
- Sport
- Yahoo
South Korea lifts 26-year ban on foreign goalkeepers in the K League
Ulsan HD's Jo Hyeon-woo blocks a shot during the Club World Cup group F soccer match between Ulsan HD and Mamelodi Sundowns in Orlando, Tuesday, June 17, 2025. (AP Photo/John Raoux) SEOUL, South Korea (AP) — A 26-year ban on foreign goalkeepers in South Korea's top soccer league has been lifted for the start of the 2026 season. Only Korean goalkeepers have been allowed to play in the K League, the oldest professional domestic league in Asia, since 1999. The rule was introduced in a bid to protect homegrown talent when there were only 10 professional clubs. Advertisement The K League announced after a board meeting in Seoul this week that because there's now 26 professional clubs in the top two tiers of competition, there's enough room for international goalkeepers. 'The increase in the number of clubs means that there are enough opportunities for domestic goalkeepers to play even if foreign goalkeepers are allowed,' the board said in a statement. 'We considered the fact that with foreign player registrations restricted, the salary increase rate of domestic goalkeepers has increased disproportionately to outfield players.' There were reportedly concerns, due to the increased size of modern rosters which contain three or four goalkeepers, that there's a shortage of quality keepers in the country. The move will put the K League in line with other major Asian leagues in Japan, Saudi Arabia and China. ___ AP soccer:
