Japan posts current account surplus of $17.7 billion in May

TOKYO (Reuters) - Japan's current account surplus grew for the 15th straight month in May as a record primary income surplus more than offset the trade deficit, the Ministry of Finance said on Monday, reflecting an ongoing shift of the country's sources of ... ( read original story ...)

A New Chinese Buoy Is Causing Concern in Japan

Tokyo says a Chinese ship placed a small buoy in the Shikoku Basin along Japan’s southern continental shelf. Beijing says it is for tsunami observation. On July 5, Japan’s Chief Cabinet Secretary Hayashi acknowledged China’s placement of a small ... ( read original story ...)