-
Stocks hit by AI concerns as oil rises on tanker attack
-
US trade gap in May widens to biggest in over a year
-
Prince Harry, Elton John lose case against UK tabloid
-
France's Le Pen cleared to run for president but with ankle tag
-
Serena wants to play again before US Open, says coach
-
This year's El Nino likely to become record-breaker: top expert
-
Sign of the times: Harry Styles sets record with 12-night Wembley run
-
Kenya, Tanzania shut down protest anniversaries
-
France's Le Pen arrives in court for key ruling in race for president
-
Women pushed back to Afghanistan pin hopes on rare private sector jobs
-
Stocks mixed tracking AI concerns, as oil rises on tanker attack
-
Bomb attacks wound 18 in Damascus as Macron visits
-
Paris FC confirm Rosenior taking over as coach
-
Cuba slowly gets power back after third nationwide blackout in six months
-
Thousands without power in US Pacific islands after super typhoon
-
NATO summit showcases arms deals in push to win over Trump
-
Prince Harry to discover outcome of UK tabloids case
-
Seoul dives on tough day for Asia as Samsung fails to ease tech woes
-
Messi v Salah in World Cup last-16 showdown
-
Democrats push key US Senate candidate to quit over sex assault claim
-
Death toll from China storms rises to 15, hundreds injured
-
As South Korean Buddhism woos Gen Z, how hip is too hip?
-
Belgium boosted by Balogun furore: Tielemans
-
'Disappointed' Pochettino says Balogun row no excuse for US World Cup exit
-
Samsung expects 1,800% operating profit leap on AI boom
-
Seoul dives on mixed day in Asia as Samsung fails to ease tech woes
-
Belgium thrash USA to end World Cup dream and set up Spain showdown
-
Belgium dump US out of World Cup after Balogun row
-
France's Le Pen faces pivotal ruling in race for president
-
How US is using cash and threats to dump migrants in Africa
-
NATO allies seek to win over Trump after Iran ire
-
Democrat in key US Senate race denies sex assault claim
-
US leads international concern after China test-fires missile into Pacific
-
Samsung expects 1,800% leap in quarterly operating profit on AI boom
-
Close to tears and on his own as Ronaldo's World Cup dream ends
-
Camber Energy Provides Update on Commercialization of Its Patented Broken Conductor Protection Technology
-
Lavish Enterprises Unveils FleetPath's 50-State Compliance Engine: The Software That Keeps a Trucking Company Ready for a Government Audit Every Day, in All 50 States
-
Bridgeline Extends AI Commerce Momentum with 25th Deployment of HawkSearch Platform This Fiscal-Year
-
The Glimpse Group Sharpens Focus as a Pureplay Physical AI Company With Strategic Divestment
-
enVVeno Medical Secures Transformational U.S. Patent for enVVe System, Strengthening Competitive Moat Ahead of Launch of Historic FDA Pivotal Trial
-
NX3 Commercial Group Closes $27.5 Million Five-Property NNN Portfolio in Florida 1031 Exchange
-
KIFFIK Biomedical Appoints Dr. Mark Vreeke as Chief Technology Officer
-
374Water Appoints Charles "Chuck" Weiser as Chief Financial Officer
-
AM Technical Solutions Acquires Sequence, Inc., Expanding Life Sciences Engineering and Commissioning, Qualification, and Validation (CQV) Capabilities
-
Absentia Labs' Digital Liver Model Becomes First AI Drug Development Tool Accepted Into FDA Qualification Program
-
First Canadian Graphite Announces Significant New Discovery at Lac Guéret South
-
United States Antimony Corporation Announces Today "Wet Commissioning" of Its Radersburg Flotation Mill
-
Quartz Announces Phase 4 Drill Results Including 164 Metres of 0.72 g/t AuEQ (0.31 g/t Gold, 18 g/t Silver, 0.024 % Molybdenum and 0.04% Copper)
-
Polaris Announces Execution of Mixed Investment Agreement for the Three Mexico Projects
-
Lobe Sciences Files Management Information Circular for Annual General and Special Meeting on July 30, 2026
China tightens Japanese trade restrictions as spat worsens
China imposed export restrictions on 40 Japanese companies on Tuesday, citing national security concerns, as Beijing escalated a months-long row that has seen Chinese tourism to Japan plummet.
The spat between Asia's top two economies was sparked by comments by Prime Minister Sanae Takaichi in November that Japan could intervene militarily in any attack on self-ruled Taiwan.
The measures announced on Tuesday cover exports of "dual-use" items -- which can have civilian and military uses -- to 20 Japanese entities, including five subsidiaries of Mitsubishi Heavy Industries as well as Japan's space agency.
The commerce ministry added a further 20 Japanese organisations, including automaker Subaru, to a "watch list" requiring stricter reviews of exported items that could be used for military purposes.
"The above measures are aimed at curbing Japan's 'remilitarisation' and nuclear ambitions and are completely legitimate, reasonable and lawful," a commerce ministry statement said.
"Honest and law-abiding Japanese entities have nothing to worry about," it added.
A Japanese trade ministry official told AFP that Tokyo would "take appropriate measures" after analysing the impact of the new curbs. The Mainichi Shimbun daily reported that Japan had lodged a protest.
Takaichi's comments on Taiwan, which China views as its territory and has not ruled out taking by force, have enraged Beijing.
The most visible consequence is a sharp drop in Chinese visitors to Japan -- 61 percent in January -- after Beijing warned its citizens against going there.
In December, J-15 jets from China's Liaoning aircraft carrier twice locked radar on Japanese aircraft in international waters near Okinawa, according to Japan.
China has reportedly suspended imports of Japanese seafood. Japan's last two pandas were also returned to China last month.
Last month China announced tightened controls on exports to Japan for items with potential military uses.
This fuelled worries that Beijing may choke supplies of vital rare-earth minerals, some of which are included in China's list of "dual-use" goods.
- Shares tumble -
The latest move singles out dozens of Japanese industrial heavyweights including shipbuilding and aerospace firms.
Shares in Kawasaki Heavy Industries sank almost five percent in Tokyo, while Mitsubishi Heavy Industries shed close to four percent and IHI tumbled nearly seven percent.
Several of the firms listed are indeed active in the defence industry, manufacturing kit including ships, fighter jets and missiles for the Japanese military.
Japan has been shedding its strict pacifist stance, moving to obtain "counterstrike" capabilities and to ease rules on exporting lethal defence equipment.
Takaichi's government in December approved a record defence budget worth nine trillion yen ($58 billion) for the coming fiscal year to expand its military capabilities.
Takaichi told parliament on Friday that China was intensifying attempts to change the status quo "by force or coercion" in the East China Sea and the South China Sea.
"Strengthening our defence capabilities is essential to protect the lives and peaceful livelihoods of our citizens as we face the most severe and complex security environment since the end of (World War II)," Takaichi said Monday.
Japanese firms dealing with China were already struggling with delays in getting approvals, said Noriyuki Kawamura, professor emeritus of Japan-China relations at Nagoya University of Foreign Studies.
"With today's announcement, we can expect the process will be made even more stringent. I believe this will be a huge blow to companies involved," Kawamura told AFP.
A.O.Scott--AT