Jun 8, 2015

Current account logs surplus for 10th month straight

Japan posted a current account surplus for the 10th consecutive month in April, as declining crude oil prices pushed down imports and the weaker yen boosted income from abroad. The surplus stood at ¥1.326 trillion ($10.56 billion), the largest in five years for the ...

May 28, 2015

Militaries play nice in the South China Sea


Southeast Asian militaries are talking and sharing more as they seek to prevent accidents in the South China Sea, despite inertia from governments over territorial disputes with China. Even as China’s navy asserts its country’s claims in the contested sea, warning off other ships ...

May 18, 2015

Singapore calls on Iran to investigate tanker shooting incident

The Maritime and Port Authority of Singapore (MPA) said Monday that it has requested the Iranian maritime authorities to investigate an incident last week when Iranian vessels fired shots at a Singapore-flagged tanker in the Persian Gulf. Alpine Eternity, the vessel that came under ...

Seattle, like it or not, becomes Shell's Arctic base

May 15, 2015

Seattle, like it or not, becomes Shell's Arctic base

The arrival in Seattle Thursday of an oil rig Royal Dutch Shell is outfitting for oil exploration in the remote Arctic Ocean marks a pivotal moment for an environmental movement increasingly mobilized around climate change. Activists paddling out in kayaks to meet the rig ...