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Japan PM says he will tell G20 Japan to pursue growth and fiscal discipline TOKYO: Japanese Prime Minister Shinzo Abe said on Wednesday he will tell a Group of 20 nations summit this week that Japan is pursuing policies that will ensure economic growth and maintain fiscal discipline.Abe told reporters Japan could not rebuild its public finances without boosting economic growth.Leaders of the G20 developed and emerging economies will meet in St. Petersburg on Thursday and Friday.Copyright Reuters, 2013 ...

Abbott vows Australia's focus will be Asia SYDNEY: Australian election frontrunner Tony Abbott Wednesday vowed Asia will be his main foreign policy focus if he assumes office, as an influential media group turned on incumbent Prime Minister Kevin Rudd.The conservative Abbott, whose diplomatic credentials came under fire this week after he said the Syria conflict was "baddies versus baddies", is on track to win Saturday's poll.His first travel priorities would be Indonesia, China, Japan and South Korea, he said in an interview ...
6.5 quake hits east Japan: USGS TOKYO: A strong 6.5 magnitude earthquake hit eastern Japan on Wednesday, the US Geological Survey said, but local authorities said there was no risk of a tsunami.The quake struck at 0018 GMT at a depth of 404 kilometres (251 miles), the USGS said."The epicentre is in the Pacific, hundreds of kilometres (miles) south of Tokyo. We see no risk of a tsunami," a spokesman for the Japanese weather agency said.Fukushima operator TEPCO reported there were ...
Top Chinese official sacked for graft: Xinhua BEIJING: Top Chinese economic official Jiang Jiemin has been sacked as head of the body overseeing state-owned companies for "suspected serious disciplinary violations", the official Xinhua news agency reported Tuesday.The phrase is normally used as code for corruption in China, and the move comes as the country's leaders step up a campaign against graft.Xinhua cited the powerful Organisation Department of the ruling Communist party.Jiang was removed from office as head of the State-owned Assets Supervision ...
Basketball Rodman returns to N. Korea to see 'friend' Kim BEIJING: Flamboyant former NBA star Dennis Rodman returned to North Korea on Tuesday to visit his "friend" leader Kim Jong-Un, playing down speculation he would try to help free a jailed American.Kenneth Bae, 44, has been held prisoner in the North since November, and Rodman had said last week that he might seek the man's release.But speaking to reporters at Beijing airport en route to the North Korean capital, Rodman said "I haven't been promised ...
China, ASEAN can put up ‘diamond decade’: Premier Li NANNING: China and member countries of the Association of Southeast Asian Nations (ASEAN) have the ability to build a "diamond decade," Chinese Premier Li Keqiang said at the opening ceremony of the 10th China-ASEAN Expo Tuesday.The past ten years have witnessed a golden decade of China-ASEAN cooperation, with bilateral trade volume increasing fivefold and the scale of cross-investment expanding threefold, Li said while giving a keynote speech.China and ASEAN member countries have similar goals and ...
Dozens injured after tornado hits eastern Japan KOSHIGAYA: Several dozen people were injured when a tornado ripped through parts of eastern Japan on Monday, tearing off roofs and uprooting buildings.Footage on public broadcaster NHK showed a number of homes destroyed, upturned cars, schools with shattered windows and a warehouse that had been lifted from its foundations and hurled into other buildings in Koshigaya, north of Tokyo.An AFP journalist in the city saw roof tiles scattered all over the streets, with locals outside ...

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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln