June 25, 2019
Latest News

Japan records current account surplus for 53rd consecutive month in November

 Containers are loaded onto a cargo vessel as another departs from the Aomi International Container Terminal, a port for import and export, in Tokyo, Japan, Jan 25 2017 ( Dec 27 2018). EPA-EFE/KIMIMASA MAYAMA

Containers are loaded onto a cargo vessel as another departs from the Aomi International Container Terminal, a port for import and export, in Tokyo, Japan, Jan 25 2017 ( Dec 27 2018). EPA-EFE/KIMIMASA MAYAMA

Tokyo, Jan 11 (efe-epa) - Japan recorded a current account surplus of 757.2 billion yen ($6.987 billion) in November, its 53rd consecutive positive balance month, the government announced on Friday.

The figure is 43.5 percent lower than in Nov. 2017, and 42.2 percent lower than last October's surplus, according to data published by the Japanese Ministry of Finance.

Japan had a trade balance deficit of 559 billion yen ($5.2 billion), which contrasts with the surplus of 199 billion yen ($1.8 billion) a year earlier.

Exports increased by 1.9 percent year-on-year to 6.1 billion yen ($63.95 million), while imports increased by 13.5 percent to 7.4 billion yen ($69 million).

The balance of services recorded a surplus of 12.1 billion yen ($111 million dollars), down 36 percent year-on-year. That figure contrasts with October's 233 billion yen ($2.15 billion dollars) deficit.

The country had an income account balance of 1.43 billion yen ($13.28 million) in November, a year-on-year increase of 8.2 percent.

The transfer deficit was 134.6 billion yen ($1.24 billion), down 35.2 percent from the negative balance recorded a year earlier, and down 26.3 percent from the previous month.

The balance of payments reflects payments and income from foreign trade in goods, services, rents, and transfers, and is considered one of the broadest trade indicators of a country.

News history
Nissan shareholders approve corporate governance reform

Tokyo, Jun 25 (efe-epa).- The shareholders of Nissan Motor on Tuesday approved the reform of its management to prevent a concentration of power such as that...

Future of LatAm development depends on sustainability

By Alfonso Fernandez

Iran: A nation under pressure

Iran is in the midst of an economic crisis as a result of continued economic sanctions imposed by the United States.

Death toll rises to 28 in Cambodia building collapse

Bangkok Desk, Jun. 24 (efe-epa).- The death toll from the weekend collapse of a seven-story building in Cambodia’s seaside resort city of Sihanoukville has...

China urges mutual respect, working under WTO rules to reach an agreement

Beijing, Jun 24 (efe-epa).- The president of China is set to urge his United States counterpart for mutual respect and working under the rules of the World...

IOC signs sponsorship deals with Coca-Cola, Mengniu until 2032

Madrid, Jun 24 (efe-epa).- The International Olympic Committee (IOC) on Monday said it had signed sponsorship agreements with the Coca-Cola company and...

Pensions reform: A reviled subject for Japan's Abe government

By Antonio Hermosin Gandul.

First Chinese national elected head of UN food agency

By Belén Delgado

Southeast Asian countries find common ground on world's largest trade deal

By Noel Caballero

Southeast Asian leaders meet in Bangkok to talk free trade, sustainability

Bangkok, Jun 22 (efe-epa).- The leaders of the Association of Southeast Asian Nations on Saturday gathered in Bangkok for a summit to discuss economic...

Latin America needs innovation, planning for sustainability

Washington, Jun 21 (efe-epa).- Latin America faces big challenges in social and environmental sustainability, especially with regard to climate change,...

Coke and Pepsi want to sell you bottled water without the bottle

By Jennifer Maloney

As Chennai city dries up, India stares down growing water crisis

By David Asta Alares.

Vietnam finds itself at a crossroads in the US-China trade war

By Eric San Juan

Apple explores shift away from China

By Yoko Kubota and Tripp Mickle

US bars civilian flights over Iran-controlled airspace amid military tension

Washington, Jun 21 (efe-epa).- The United States aviation regulator on Thursday prohibited commercial airlines of the country from flying in an overwater...

Nissan announces new members of board

Tokyo, Jun 21 (efe-epa).- Japanese automaker Nissan Motor Company on Friday announced the nominees for the board of directors and its new corporate...

Trump: I expect congressional Democrats will do right thing, approve USMCA

Washington, Jun 20 (efe-epa).- President Donald Trump said Thursday that the ratification of the newly renegotiated trade treaty with Mexico and Canada...

Slack shares jump 49.54 pct. on going public without IPO

New York, Jun 20 (efe-epa).- Slack Technologies Inc. on Thursday tried a different approach from other firms wanting to go public by listing its shares...

US-China tension affects Latin America technology, UN official warns

By Luís Lima

Gaudi, flamenco and sun: Spain is sold in China as the ideal film set

By Paula Escalada Medrano.

34th ASEAN summit kicks off in Bangkok with economy, security topping agenda

By David Latona

Mexico's Senate ratifies USMCA in extraordinary session

Mexico City, Jun 19 (efe-epa).- Mexico's Senate on Wednesday ratified a trilateral trade deal meant to supersede the North American Free Trade Agreement...

Fed keeps US interest rates unchanged

Washington, Jun 19 (efe-epa).- The United States Federal Reserve on Wednesday left its benchmark interest rate unchanged despite President Donald Trump's...

I agree Welcome to news4europe.eu. We use cookies to improve your online experience. Find out more.