August 19, 2019
Latest News

Japan records a current surplus of $4.12 billion in December

 A worker walks next to containers piled up at the Aomi International Container Terminal in Tokyo, Japan, May 18, 2017 (reissued Aug 10, 2018). EPA-EFE FILE/FRANCK ROBICHON

A worker walks next to containers piled up at the Aomi International Container Terminal in Tokyo, Japan, May 18, 2017 (reissued Aug 10, 2018). EPA-EFE FILE/FRANCK ROBICHON

Tokyo, Feb 8 (efe-epa) - Japan recorded a current account surplus of 452.8 billion yen ($4.12 billion) in December, its fifty-fourth consecutive month of positive balance, the Japanese government announced on Friday.

The figure is 43.1 percent lower than that recorded in the same month in 2017 and 43.5 percent lower than the surplus obtained last November, according to data published by the Japanese Ministry of Finance.

The Japanese trade balance showed a surplus of 102 billion yen, which contrasts with the deficit of 547 billion yen recorded the previous month and represents a year-on-year decline of 69.2 percent.

Exports fell by 2.8 percent year-on-year to 7.06 trillion yen and imports increased by 1.6 percent to 6.85 trillion yen.

The balance of services recorded a deficit of 114.2 billion yen, a reduction of 41.12 percent year-on-year, in contrast to the surplus of 12.1 billion yen recorded in November.

The income account recorded in the last month of 2018 a positive balance of 404.9 billion yen, representing a decline of 34.7 percent over December 2017.

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

News history
China urges Trump to keep his word, allow business with Huawei in US

Beijing, Aug 19 (efe-epa).- Beijing on Monday urged Donald Trump to keep his word and allow companies in the United States to do business with Chinese tech...

Japan's trade deficit widened by 9.8 percent in July

Tokyo, Jul 19 (efe-epa).- Japan had a trade deficit of 249.6 billion yen ($2.35 billion) in July, a 9.8-percent increase compared to the same month last...

Trump acknowledges US' interest in buying Greenland from Denmark

Washington DC, Aug 18 (efe-epa).- The president of the United States on Sunday said that Greenland was strategically interesting for his country, although...

Trump defends China policy, says US economy is world's best

Washington, Aug 18 (efe-epa).- President Donald Trump on Sunday defended his strategy versus China, on whose goods Washington has imposed heavy tariffs as...

Lacunza to be Argentina's new treasury minister as Dujovne quits

Buenos Aires, Aug 18 (efe-epa).- President Mauricio Macri said Sunday that Hernan Lacunza "is the right person" to replace former Finance Minister Nicolas...

Anti-government rally in Hong Kong

By Steven Russolillo, Joanne Chiu and Eli Binder

Quito video art makes viewers reflect on migration, environment and memories

Quito, Aug 16 (efe-epa).- An unprecedented exhibition in the Ecuadorian capital is making viewers reflect on such concepts as migration, the environment and...

Delivery workers unite to protect themselves from Mexico City dangers

By Zoilo Carrillo

Woody Allen wraps up filming of new romantic comedy set in Spain

San Sebastian, Spain, Aug 16 (efe-epa).- American director Woody Allen on Friday completed shooting on his latest movie, a romantic comedy filmed in Spain...

UK government names Ataer Holdings preferred bidder for British Steel

By Oliver Griffin

Foreign tourism to Mexico up 7 pct. in 1st half of 2019

Mexico City, Aug 15 (efe-epa).- The number of foreign tourist arrivals in Mexico in the first half of 2019 rose 7 percent relative to the same period of...

Iran: US attempt to stop release of seized tanker an act of attempted piracy

Tehran, Aug 15 (efe-epa).- Iran on Thursday said the United States' unsuccessful attempt to prevent Gibraltar's authorities from releasing a seized Iranian...

Alibaba's sales jump 42%, beating expectations

By Stu Woo

Japanese economy starts feeling effects of diplomatic spat with South Korea

By Antonio Hermosin

Bogota has many advantages in attracting foreign investment

Bogota, Aug 14 (efe-epa).- In the past 10 years, Bogota has received some $20 billion in foreign investment via more than 1,100 projects that have created...

Wall Street plunges, Dow Jones down 3.05 pct.

New York, Aug 14 (efe-epa).- Wall Street closed Wednesday with heavy losses and the Dow Jones Industrial Average, the benchmark indicator, dropped 3.05...

Panama Canal optimistic after China gets reprieve on US tariffs

Panama City, Aug 14 (efe-epa).-The Panama Canal on Wednesday applauded the United States government's decision to postpone new tariffs on a range of Chinese...

ECLAC: FDI in Latin America up last year for 1st time since 2012

Santiago, Aug 14 (efe-epa).-Foreign direct investment in Latin America rose 13.2 percent in 2018, ending a five-year spell of FDI contraction, the Economic...

Germany's economy contracts by 0.1 percent in Q2

Berlin, Aug 14 (efe-epa).- Germany's economy contracted by 0.1 percent in the second quarter of 2019, the country's statistics office said in a statement...

Hong Kong court bans protests from airport

Hong Kong, Aug 14 (efe-epa).- A Hong Kong court on Wednesday ordered demonstrators to cease their protests at the city's airport and to stop interfering...

CBS, Viacom to merge, creating ViacomCBS

New York, Aug 13 (efe-epa).- CBS and Viacom announced on Tuesday a merger agreement that will reunite the two companies, which previously merged but then...

Brazil successfully completes auction of port terminals

Rio de Janeiro, Aug 13 (efe-epa).- The Brazilian government raised 148.5 million reais (about $37.5 million) on Tuesday from auctions of terminals on the...

Brazil teeters on brink of recession

Carlos Meneses Sanchez

US to delay imposing tariffs on some products from China

Washington, Aug 13 (efe-epa).- The US government said Tuesday it would hold off on imposing 10 percent tariffs on certain products imported from China until...

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