Japan's 2Q business investment up 11% despite economic slowdown

December 1, 2015 by · Comments Off on Japan's 2Q business investment up 11% despite economic slowdown 

TOKYO, Dec. 1 — Capital spending by Japanese firms rose 11.2 percent in the July to September period from a year earlier, the government said Tuesday, a bright spot for the economy as it slipped back into recession in the fiscal second quarter.

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Increase in informers' reward to check drugs smuggling

August 11, 2015 by · Comments Off on Increase in informers' reward to check drugs smuggling 

NEW DELHI, Aug. 10 — In order to check smuggling of narcotics, the Finance Ministry has increased monetary rewards given to informers and government officers for giving tip off leading to its seizure.

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Germany to increase public spending in next three years

March 4, 2015 by · Comments Off on Germany to increase public spending in next three years 

BERLIN, March 4 — German federal government said on Tuesday that it would spend an additional 5 billion euros (about USD5.59 billion) in the next three years to help local communities improve infrastructure and boost investment.

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Japan marks record trade deficit of 12.78T yen in 2014

January 26, 2015 by · Comments Off on Japan marks record trade deficit of 12.78T yen in 2014 

TOKYO, Jan. 26 — Japan posted a record trade deficit of 12.78 trillion yen (USD108.57 billion) in 2014, as the yen's drop and growing demand for liquefied natural gas pushed up import costs amid the prolonged halt of nuclear power plants, the government said Monday.

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Export duty on oil in Russia to decrease by US$ 57.3 to US$ 112.9 per ton on Feb 1 — ministry

January 16, 2015 by · Comments Off on Export duty on oil in Russia to decrease by US$ 57.3 to US$ 112.9 per ton on Feb 1 — ministry 

MOSCOW, Jan. 15 — The export duty on oil in Russia will go down by US$ 57.3 to US$ 112.9 per ton on February 1, said Alexander Sarkovich, leading Finance Ministry expert.

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Indonesian crude price declined in December 2014

January 8, 2015 by · Comments Off on Indonesian crude price declined in December 2014 

JAKARTA, Jan. 7 — The Indonesian crude price (ICP) saw a US$ 15.83 per barrel fall to US$ 59.56 per barrel in December 2014 from US$ 75.39 per barrel the previous month.

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Russia's Finance Ministry may purchase hard currency first quarter of 2015

December 31, 2014 by · Comments Off on Russia's Finance Ministry may purchase hard currency first quarter of 2015 

MOSCOW, Dec. 31 — Russia’s Finance Ministry may appear on the currency market in the capacity of a buyer in the first quarter of next year, Finance Minister Anton Siluanov told the Rossiya-24 round-the-clock television news channel in an interview.

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Lithuanian FinMin forecasts lower GDP growth in 2015

December 31, 2014 by · Comments Off on Lithuanian FinMin forecasts lower GDP growth in 2015 

VILNIUS, Dec. 31 — Lithuania's finance minister Rimantas Sadzius said on Tuesday foresaw Lithuanian economy to grow at 2.7-2.9 percent next year, 0.5-0.7 percentage points lower than official projections announced by the Finance Ministry in September.

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