As the rest of the world grapples with rising living costs, China is facing the opposite problem: falling prices. In July, the world’s second-largest economy officially slipped into deflation for the first time in two years as consumer prices fell 0.3 percent. Prices had already flatlined...
The yield on the 10-year Treasury bond is reaching highs not seen since 2007, and it’s happening just as the U.S. Treasury is issuing more debt more quickly than predicted. One effect is that longer-term debt is becoming more expensive. There are many reasons for this...
Narita airport, one of Tokyo’s main international gateways, projects an image of efficiency and service characteristic of Japan’s economic prominence. But beneath the surface, there is a long and troubled history of farmland being seized and lives being lost over the...
MANILA, Philippines — Plans for the start of the FIBA Basketball World Cup in Okinawa, Japan, were unaffected Thursday after a North Korean rocket launch prompted an alert ordering some residents to evacuate. News conferences and practices for the eight teams that are beginning...
SEOUL: South Korean police arrested on Thursday (Aug 24) at least 14 people who entered a building housing the Japanese embassy in Seoul during a protest against Tokyo’s release of water from the Fukushima nuclear plant, an organiser and a Reuters witness said. The protest came...
