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 ...)

Philippines, Japan to sign landmark defense deal Monday

The Philippines and Japan will sign a defense agreement on Monday that will allow their military forces to visit each other's soil, the Philippine president's communications office said on Sunday. President Ferdinand Marcos Jr. will witness the signing of ... ( read original story ...)