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Brazil minister sees annualized growth at 2% pace by year-end
CAMPOS DO JORDAO, Brazil (Reuters) — Brazil’s economy could be growing at a pace of 2 percent in annualized terms by year-end, reflecting drastic corporate debt-reduction efforts and slowing infl…
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Euro hits highest level since 2015
NEW YORK/SEATTLE (Bloomberg) — The euro rallied to its highest since January 2015 as European Central Bank President Mario Draghi took a pass on talking down the common currency in remarks at the J…
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Global Economy / Excuses won’t lead to Japan’s fiscal reform
Discussions over Japan’s fiscal reform are stalling. The theory of a U.S. economist who recommends “shelving tax increases” has attracted attention, and the government’s fiscal reconstruction… -
Japan looks to wood pulp to make lighter auto parts
KYOTO (Reuters) — The global push among carmakers to make ever lighter vehicles is leading some auto suppliers in Japan to turn to what seems like an unlikely substitute for steel — wood. Japanes… -
Laos looks to step up from LDC status by ’30
VIENTIANE — Laos is aiming to achieve an upgrade from its least developed country (LDC) status at the United Nations to a middle income country by 2030 through strengthening international economic p… -
Bird-shaped robot created to practice English conversation
HAMAMATSU (Jiji Press) — Japanese education software developer CAI Media Co. recently developed a bird-shaped robot for English learners to practice conversation, using artificial intelligence and i… -
Tokyo stocks expected to move narrowly this week as trading volume thins
TOKYO (Jiji Press) — Tokyo stocks are expected to move in a narrow range this week, with investors keeping a close watch on external factors. This week, the benchmark 225-issue Nikkei average fell…
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Western Balkans to strengthen economic ties
DURRES, Albania (AP) — Prime ministers from Western Balkans countries have gathered for an informal meeting to discuss deepening regional economic cooperation as part of the process for joining the…
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Never too old to code: Meet 82-yr-old developer
FUJISAWA, Kanagawa (AFP-Jiji) — When 82-year-old Masako Wakamiya first began working she still used an abacus for maths — today she is one of the world’s oldest iPhone app developers, a trailbla…
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Germany sees record 1st-half budget surplus
FRANKFURT (AFP-Jiji) — Germany notched up a record budget surplus between January and June, official figures showed Friday, as Europe’s largest economy continued to grow strongly. All the level…
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2 Seibu department stores to close
TOKYO (Jiji Press) — Seven & i Holdings Co. said Friday its subsidiary, Sogo & Seibu Co., will close the Seibu department stores in the eastern Japan cities of Funabashi and Odawara at the end of F…
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Yellen, Draghi mount defense of post-crisis financial rules
JACKSON HOLE, Wyo / WASHINGTON(Bl
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