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Japan PM Abe says pain from tax hike to be short-lived TOKYO: Japanese Prime Minister Shinzo Abe said on Thursday he expects the slump in household spending after the April sales tax hike to be short-lived.He also told a seminar that capital expenditure is picking up after a prolonged period of stagnation, voicing confidence that the positive effect of the government's stimulus policies is working its way through broader sectors of the economy.Copyright Reuters, 2014 ...

India train hits school bus, at least 11 children dead HYDERABAD: A passenger train rammed into a school bus in southern India on Thursday killing at least 11 children, with fears the death toll could rise further, officials said.A senior police officer said "11 students and the bus driver were killed", while a railway official said he feared as many as 25 children were dead after the collision in Telangana state.The train hit the bus at an unmanned railway crossing in the village of Masaipet ...
Surgeons remove 232 teeth from Indian teenager MUMBAI: Surgeons in Mumbai have removed 232 teeth from the mouth of an Indian teenager in what they believe may be a world-record operation, the hospital said Thursday.Ashik Gavai, 17, sought medical help for a swelling on the right side of his lower jaw and the case was referred to the city's JJ Hospital, where they found he was suffering from a condition known as complex odontoma, head of dentistry Sunanda Dhivare-Palwankar told AFP."We operated ...
Depleting Indian water reservoirs need rains to prevent crop loss: govt NEW DELHI: India's reservoirs are depleting fast and monsoon rains need to pick up now if they are to have enough water to prevent a drop in output of major winter crops such as wheat and rapeseed that are sown from October, a senior government official said.Rains in India, the world's second-biggest rice, wheat and sugar producer, were 15 percent below average in the week to July 16, an improvement from the previous week's shortfall ...
Late monsoon starts farmer ‘journey to hell’ INDIA: Indian farmer Asghar Bhura scrapes a living by growing sugarcane, but this year's late monsoon has left his tiny plot parched and he will earn nothing from his harvest. Bhura will have to go and work for a big grower to feed his family of six, making 250 rupees ($4.00) a day, as he did when India suffered its last severe drought in 2009. "I have no option but to become a bonded labourer ...
At least 38 killed in China highway collision: Xinhua BEIJING: At least 38 people were killed in a collision between a bus and a van carrying flammable liquids in southern China, state media reported on Saturday, the latest in a string of accidents that have fuelled anger over unsafe transport.The crash in Hunan province happened in the early hours of Saturday when the van drove into the back of the passenger coach, triggering a fire and explosion, the official Xinhua news agency said.Five people ...
Super typhoon kills eight in southern China: Xinhua BEIJING: A super typhoon has killed eight people in China since making landfall on Friday afternoon, state media said on Saturday, after hitting parts of the Philippines and leaving 77 dead.Typhoon Rammasun reached the southern Chinese island province of Hainan on Friday, before striking parts of the mainland later on Friday and early on Saturday, said the official Xinhua news agency.The government had ordered an all-out effort to prevent loss of life from the typhoon, ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln