Imports declined in November on plunging crude oil prices

Dec 17, 2014

Imports declined in November on plunging crude oil prices

Imports dropped 1.7 percent in November from the year before to ¥7.08 trillion, declining for the first time in three months as crude oil prices plunged across the globe, government data showed Wednesday. The balance in goods trade remained in the red for the ...

Russia's shriveling economy becomes a global threat

Dec 17, 2014

Russia's shriveling economy becomes a global threat

by Josh Boak

Russia’s suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Japan, China, Europe and Latin America already ailing, fresh threats have emerged from Russia’s shriveled currency, its move to dramatically boost interest rates, the ...

Spate of bombings hits Ukraine military hub

Dec 10, 2014

Spate of bombings hits Ukraine military hub

The city of Kharkiv in Ukraine’s industrial east has stayed out of rebel hands but a mysterious spate of bombings has triggered fears that Russia is trying to destabilize this key defense hub. Barely a week goes by without another bombing reported against Ukrainian ...

Dec 8, 2014

TPP talks get back underway in Washington

Chief negotiators from 12 countries involved in the Trans-Pacific Partnership initiative resumed negotiations in Washington after their leaders reaffirmed last month they will conclude an agreement as soon as possible. The six-day working-level meeting started Sunday. This round follows a summit held Nov. 10 ...

India woos neighbors as China makes inroads

Dec 4, 2014

India woos neighbors as China makes inroads

India pledged a slew of regional investments at a South Asian summit last week, seeking to counter China’s growing economic inroads into its backyard as it remains embroiled in bitter rivalry with Pakistan. Indian Prime Minister Narendra Modi said South Asia’s largest economy would ...