Government Business And Finance

China defends sanctions work after report of NK oil transfer

Dec 27, 2017

China's foreign ministry has defended its enforcement of U.N. sanctions against North Korea following reports Chinese ships improperly transferred oil to North Korean vessels at sea

Japan Cabinet OKs record $46 bln defense budget

Dec 22, 2017

Prime Minister Shinzo Abe's Cabinet has approved Japan's biggest $46 billion defense budget to bolster ballistic missile defense capability

Bank of Japan keeps easy credit stance as inflation eludes

Dec 21, 2017

Japan's central bank opts to keep its ultra-lax monetary policy unchanged as inflation eludes

Most Asian shares lower as US tax passage fails to impress

Dec 21, 2017

Asian shares mostly lower after passage of US tax overhaul, China economy meeting

Philippine navy chief removed for questioning frigate deal

Dec 20, 2017

The Philippine defense secretary says he has removed the navy chief from his post after the latter defiantly opposed an already-approved deal to buy two frigates from a South Korean shipbuilder and caused delays to the acquisition of the warships

Chinese leaders promise more imports, less financial risk

Dec 20, 2017

Chinese leaders have promised to increase imports and reduce risks in their financial system following an annual economic planning meeting

Conservation group says Japan aiding in illegal ivory trade

Dec 20, 2017

A conservation group says Japan's lax controls over its domestic stock of ivory are encouraging illegal exports to other countries and undermining efforts to end trafficking in elephant tusks

Asian stocks higher after Wall Street gains on tax cut hopes

Dec 19, 2017

Asian stocks are higher after Wall Street climbed on growing investor certainty U.S. lawmakers will approve a tax cut

Report: Rich will get still richer unless policies change

Dec 15, 2017

World Inequality report says rich bound to get still richer with widening disparities in global incomes, wealth unless policies change

Global stocks mixed as investors await US tax deal

Dec 15, 2017

World stock markets are mixed as investors waited to see if U.S. politicians could pass tax reform legislation before Christmas

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