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Japan introduces new departure tax for visitors to bolster tourism drive

Japan introduces new departure tax for visitors to bolster tourism drive

2019-01-07 10:54

Japan on Monday began collecting a departure tax of 1,000 yen (9 U.S. dollars) from individual travelers departing the country.

Fed "will be patient" with rate hikes: Powell

Fed "will be patient" with rate hikes: Powell

2019-01-07 09:06

Jerome Powell, chairman of U.S. Federal Reserve (Fed), said on Friday that the Fed "will be patient" while it weighs future interest rate hikes.

New York City raises minimum wage to 15 USD

New York City raises minimum wage to 15 USD

2019-01-06 09:40

New York City has raised its minimum wage to 15 U.S. dollars an hour this year in an effort to fight against poverty.

Tory members prefer no-deal Brexit to PMs plan, poll says

Tory members prefer no-deal Brexit to PM's plan, poll says

2019-01-05 11:04

A poll of the British Conservative Party members has showed that more than half would choose no-deal Brexit over the Brexit deal by PM Theresa May.

Japan to announce new era name on April 1: Abe

Japan to announce new era name on April 1: Abe

2019-01-05 11:03

Japan will announce its new era name on April 1, one month before the abdication of Emperor Akihito.

Trump digs in on border wall, as partial shutdown continues

Trump digs in on border wall, as partial shutdown continues

2019-01-05 10:09

U.S. President Donald Trump said Friday that he's prepared for a partial government shutdown to last for months or years.

Money transport drivers continue strike action in Germany

Money transport drivers continue strike action in Germany

2019-01-04 16:32

3,000 employees in Germany's cash and valuable goods services sector went on a nationwide strike demanding an increase of 1.50 euros in hourly wage.

U.S. manufacturing activity grows slower last month

U.S. manufacturing activity grows slower last month

2019-01-04 13:39

Economic activity in the manufacturing sector slowed significantly in the United States in December.

U.S. mortgage applications tumble amid concerns over economic outlook

U.S. mortgage applications tumble amid concerns over economic outlook

2019-01-04 10:26

Mortgage applications in the U.S dropped sharply last week, as homebuyers were concerned about a slower economic growth.

Malaysia seeks greater cooperation with China to boost railway industry

Malaysia seeks greater cooperation with China to boost railway industry

2019-01-03 16:29

Malaysia welcomes Chinese firms's expertise and investment as the Southeast Asian country seeks to become a regional railway manufacturing hub.

Slowdown in sight for U.S. economy in 2019 as uncertainty intensifies

Slowdown in sight for U.S. economy in 2019 as uncertainty intensifies

2019-01-03 14:31

U.S. economic growth is expected to slow down in 2019 due to factors including the diminishing effect of fiscal stimulus.

Ethiopia to commission 6 Chinese-built industrial parks before end of July

Ethiopia to commission 6 Chinese-built industrial parks before end of July

2019-01-03 11:06

Ethiopia plans to commission six industrial parks, which are constructed by Chinese firms, before the end of July, an Ethiopian official said.

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