Article Abstract:
Aiwa America Inc, the New Hersey subsidiary of Tokyo, Japan-based Aiwa Company Ltd, will introduce in the US several consumer video equipment. The products include digital video disc players, small and large television sets and video cassette recorders. The introductions indicate that Aiwa America is diversifying from its traditional audio business and is aiming to establish itself as a distributor of complete home entertainment systems.
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Article Abstract:
The Japanese Ministry of Finance reports that the country's international trade surplus in Oct 1999 declined by 14.4%, which translates to 1169.1 billion yen on a customs basis, in comparison to the same period in 1998. The decline is attributed to a rise in imports as well as in crude oil prices. The rate of decrease in imports for Oct 1999 was at 1.9% which is the lowest after a 0.9% drop was reported in Jun 1998.
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Article Abstract:
International trade statistics for Feb 2000 has revealed Japan's first current-account surplus in 13 months. The figures, amounting to 1.474 trillion yen, represent an increase of 33.3% from Feb 1999 figures. The surplus is attributed to the surging exports to Asia. To correct the trade gap, the country's principal trading partners, particularly the US, are strongly suggesting enhancing demand in Japan.
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