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Tag: Japan

Ruble Hits New Record Low; Europe Stocks Higher

Ruble Hits New Record Low; Europe Stocks Higher

FRANKFURT, Germany (AP) — The ruble hit a new record low against the U.S. dollar as weaker oil prices keep up the pressure on Russia’s slowing economy. European stocks and U.S. stock futures inched higher Monday, while Asian markets fell

Japan's Snap Election Shows Abenomics is Here to Stay

Japan's Snap Election Shows Abenomics is Here to Stay

(Reuters) – Japanese Prime Minister Shinzo Abe, brushing aside suggestions that a low turnout tarnished his coalition’s election win, vowed on Monday to stick to his reflationary economic policies, tackle painful structural reforms and pursue his muscular security stance. But

Diplomats Mobilise to Save France's Culinary Pride

Diplomats Mobilise to Save France's Culinary Pride

Aromatic truffles, smooth-as-silk foie gras, firm, springy oysters, mouth-wateringly tender beef and an almost infinite range of cheeses. The French have a worldwide reputation for gastronomic excellence. But while the country still boasts some of the globe’s finest restaurants, chinks

Economist: The Cyber Warfare Turning Worm

Economist: The Cyber Warfare Turning Worm

This article originally appeared in The Economist: When America dropped its two atom bombs, Little Boy and Fat Man, over Japan in August 1945, it launched the world into a devastating new era of warfare. Nearly 70 years later, humanity

UN Climate Summit Generated More CO2 Than Small Country

UN Climate Summit Generated More CO2 Than Small Country

The 12-day UN climate change summit in Peru has generated more carbon dioxide than an entire African country. The talks, aimed at reducing greenhouse gas emissions worldwide, generated more than 50,000 tonnes of CO2, as more than 12,500 politicians, green

Belgian Queen Fabiola’s Funeral Draws World Royalty

Belgian Queen Fabiola’s Funeral Draws World Royalty

Belgium on Friday laid to rest its much-loved former queen Fabiola, the widow of the popular King Baudoin, in a rain-lashed funeral ceremony attended by royals from across Europe and Asia. Japan’s Empress Michiko, Denmark’s Queen Margrethe, Sweden’s King Carl

Big Win Could Help Japan’s Abe Pursue Nationalist Goals

Big Win Could Help Japan’s Abe Pursue Nationalist Goals

TOKYO (AP) — A projected landslide victory for Japan’s ruling party in Sunday’s parliamentary elections could give Prime Minister Shinzo Abe political breathing space to push forward with his long-held nationalist agenda. While Abe has put the economy at the

European Stocks Falter As Oil Reaches New Lows

European Stocks Falter As Oil Reaches New Lows

European stock markets slid further on Tuesday following heavy losses across Asia, as oil prices struck fresh five-year lows before recovering slightly. The euro rallied against the dollar a day after the European single currency hit a two-year trough against

Ivory Prices Soar in China on New Demand: Report

Ivory Prices Soar in China on New Demand: Report

NAIROBI, Kenya (AP) — Street prices for illegal ivory are soaring in China, where newly wealthy middle and upper class citizens are buying carved ivory and whole tusks as a status symbol of their riches, a report released Tuesday found.

Jobs Jump in November but Outlook Remains Guarded

Jobs Jump in November but Outlook Remains Guarded

The economy added 321,000 jobs in November–a dramatic jump from October. Overall the economy is creating many more jobs, but the outlook remains guarded. Unemployment stayed constant at 5.8 percent because the jobs count is based on the survey of

Japan Starts Chemical Weapon Destruction in China

Japan Starts Chemical Weapon Destruction in China

A Japanese-built facility in China on Monday began destroying the largest cache of World War II chemical weapons abandoned in the country, Tokyo officials said, in a rare case of co-operation between the two countries. The facility has been built

Directed Deep Impact: The Next Arms Race?

Directed Deep Impact: The Next Arms Race?

If a 440-kiloton atomic bomb exploded on the earth today, people would notice. After all, the A-bomb that exploded about 1900 feet over Hiroshima, Japan, on August 6, 1945, was only around 16 kilotons; even so, it killed at least

China Blew $6.8 Trillion in Wasted Investments

China Blew $6.8 Trillion in Wasted Investments

A new report from a Chinese government agency finds that the country has wasted $6.8 trillion invested in “ghost cities,” abandoned apartment buildings and highways to nowhere. The staggering amount accounts for half of all Chinese investment in the economy

After Nuclear Phase-Out, Germany Debates Scrapping Coal

After Nuclear Phase-Out, Germany Debates Scrapping Coal

After deciding to scrap nuclear power, Germany is pondering saying goodbye to coal, its biggest energy source but also its top polluter and main threat to ambitious climate goals. Chancellor Angela Merkel’s government is split on the issue, which pits

Tech Start-up Fundings Crash 40% since April

Tech Start-up Fundings Crash 40% since April

TechCrunch is the leading website to follow technology start-up fundings. As a tool to identify funding trends, Todd Schneider updates a weekly chart called the “TechCrunch Bubble Index” (TCBI) to track the trend in new fundings. High-tech companies have been