TOKYO, Oct. 6 (Xinhua) -- Tokyo shares surged by opening the trading Tuesday as investors' sentiment here was boost by overnight gains in overseas markets and a broad deal reached by the 12 members of the U.S.-led Trans-Pacific Partnership free trade talk.
At 9:15 a.m., the 225-issue Nikkei Stock Average skyrocketed 350.68 points, or 1.95 percent, from Monday to 18,356.17.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 25.11 points, or 1.72 percent, to 1, 489.03.
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TPP further opens New Zealand market for China, ROK
WELLINGTON, Oct. 6 (Xinhua) -- The Trans-Pacific Partnership (TPP) is set to change the way New Zealand deals not just with the other 11 TPP member nations, but with other major trading partners such as China.
A brief issued by the New Zealand government Tuesday set out some of the claimed benefits and disadvantages of the TPP agreement, comparing many of them to the New Zealand-China Free Trade Agreement (FTA).Full story
TPP deal sparks political row over New Zealand's "ugly compromises"
WELLINGTON, Oct. 6 (Xinhua) -- New Zealand government leaders hailed the agreement of the 12-nation Trans-Pacific Partnership ( TPP) deal on Tuesday, while opponents demanded to know what the country had traded away in the secretive five-year negotiations.
Prime Minister John Key said the TPP welcomed "New Zealand's biggest free trade agreement (FTA)," claiming it would boost the New Zealand economy by least 2.7 billion NZ dollars (1.75 billion U.S. dollars) a year by 2030.Full story
Pacific trade ministers "have successfully concluded" TPP trade talks -- U.S. trade representative
ATLANTA, Oct. 5 (Xinhua) -- Trade ministers of the United States and 11 other Pacific Rim countries "have successfully concluded" the Trans-Pacific Partnership (TPP) free trade talks, U.S. Trade Representative Michael Froman said Monday.
"After more than five years of intensive negotiations, we have come to an agreement that will support jobs, drive sustainable growth, foster inclusive development, and promote innovation across the Asia-Pacific region," Froman said at a closing press conference after about five days of round-the-clock TPP ministerial meeting was wrapped up here.Full story
