Asian stocks shuddered again Thursday, led by sharp drops in Hong Kong and South Korea, which were catching up to global market turmoil after being shut for Lunar New Year holidays.
TOKYO -- Japan's economy contracted at a worse than expected 1.4 percent annual pace last quarter as Prime Minister Shinzo Abe's lavish stimulus policies failed to counter anemic consumer demand and sluggish exports.
The Bank of Japan on Friday said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up a stumbling economic recovery.
Japan's trade deficit fell to its lowest level in four years in 2015, the Finance Ministry reported Monday, as import costs dropped thanks to the collapse in oil prices.
Chinese state energy giant CNOOC has cut its targeted output for 2016, the first such move in over a decade, as fears grow over the health of the Chinese economy and plunging oil prices.
Ukraine said on Wednesday it would launch the first test shipments of goods this week to Kazakhstan that would bypass Russia because of the Kremlin's new trade embargo on Kiev.
Thiago Motta and Maxwell each scored as Paris Saint-Germain picked up where it left off before the midseason break with a 2-0 win over Bastia in the French league Friday.
Democratic Progressive Party (DPP) presidential candidate Tsai Ing-wen on Tuesday announced campaign promises including a Trans-Pacific Partnership (TPP) task force and new time-varying electricity rates that incentivize peak-period saving.
An Australian law requiring cigarettes to be sold in plain packaging has received a boost after an international tribunal said it would not hear a tobacco company's legal challenge.
Australia will introduce an entrepreneur visa and offer tax breaks for start-ups, the government said Monday as it tries to unleash an "ideas boom" to move the economy away from dependence on mining.