Japan trade deficit surges to record on weak exports
Japan’s trade deficit ballooned to a record in the first half of the year as exports fell further in June, data showed today, ramping up pressure on the central bank to unveil fresh measures to boost the economy.
The figures come days after the government cut its fiscal year growth forecasts, blaming weak exports and a jump in imports as well as the negative impact of an April sales tax hike on consumer spending and business confidence.
Japan has seen widening trade deficits since the Fukushima nuclear crisis in March 2011 forced it to switch off its atomic reactors and turn to pricey fossil fuel imports to plug the energy gap.

Dev, Moon Moon chosen for ‘Mahanayak’ awards
Actor-turned-MPs Dev and Moon Moon Sen would be felicitated with the Mahanayak and Mahanayika Samman, the highest film award given by the West Bengal government. Chief Minister Mamata Banerjee will give the annual ‘Mahanayak Uttam Kumar Samman’ at Nazrul Mancha stadium tomorrow to felicitate the actors and technicians of the Bengali film industry.
On her Facebook page, Banerjee said veteran actress Mousumi Chatterjee and reigning Bengali film superstar Dev will be the recipients of this year’s ‘Mahanayak Samman’ while Moonmoon Sen will receive the ‘Mahanayika Samman’. Both Dev and Sen had won the recent Lok Sabha polls on a Trinamool ticket.

Nepal gears up for SAARC summit
After a political impasse over a new constitution caused a delay, Kathmandu is finally preparing to host the 18th South Asian Association for Regional Co-operation (SAARC) Summit in November.
"The SAARC Summit is a major foreign policy event. Since this is also related to the country's image and prestige, we have been working to make this event a grand success," Dinesh Bhattarai , Koirala's foreign relations adviser, told Khabar South Asia.
Concerned ministries now are taking steps to get the capital ready for the gathering of the regional b...
Concerned ministries now are taking steps to get the capital ready for the gathering of the regional b...
Three person IVF plans ‘progress’ in UK
The creation of babies using sperm and eggs from three people has moved a step closer in the UK.
A public review into the three person IVF technique has been broadly supportive, says the Department of Health.
But a number of technical and scientific details need to be finalised before the plans go before Parliament.
The move would be restricted to mitochondrial disease, affecting one in 6,500 UK babies born each year, reports BBC.
This may lead to muscle weakness, blindness, and heart failure.
Using the parents’ sperm and eggs plus an ...
The move would be restricted to mitochondrial disease, affecting one in 6,500 UK babies born each year, reports BBC.
This may lead to muscle weakness, blindness, and heart failure.
Using the parents’ sperm and eggs plus an ...
PM urges expatriates to invest in Bangladesh
Prime Minister Sheikh Hasina has urged the expatriate Bangladeshis, especially Sylhet diaspora, to invest in Bangladesh in a bigger volume.
“Our government has created an investment-friendly atmosphere in the country by providing various incentives to local and foreign entrepreneurs. You can exploit that scope by investing in a bigger volume,” she said.
The Prime Minister made the request when a five-member all party parliamentary delegation called on Prime Minister Sheikh Hasina at her hotel on Tuesday afternoon.
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The Prime Minister made the request when a five-member all party parliamentary delegation called on Prime Minister Sheikh Hasina at her hotel on Tuesday afternoon.
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Airlines cancel Israel flights over Gaza rocket threat
Major US, European and Canadian airlines canceled flights to and from Israel Tuesday, after a rocket fired from Gaza struck near its main international airport in Tel Aviv.
The cancelations highlighted heightened worldwide fears of a rocket hitting a passenger jet in the wake of last week’s downing of a Malaysia Airlines Boeing 777 over rebel-held eastern Ukraine with nearly 300 on board.
That incident underscored the vulnerability of commercial aircraft to surface-to-air missiles, even at cruising altitudes in excess of 30,000 feet.
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