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Business

Japan economy grows in 2013, but concerns loom

TOKYO: Japan's economy logged its best performance in three years as Premier Shinzo Abe's growth blitz drove the expansion, but weak second-half data and an April sales tax rise are likely to dampen hopes for a firm recovery.

Business

Japan economy logs best growth in three years

TOKYO: Japan's economy put in its best performance in three years during 2013, expanding by 1.6% as Prime Minister Shinzo Abe's growth blitz rippled through the world's number-three economy.

Business

Philippine economy soars to 6.5% in Q4 2013 despite being hit by typhoon

MANILA: The Philippine economy was one of the fastest-growing in Asia last year after shrugging off devastating natural disasters and expanding at a “remarkable” pace in the final quarter, the government said.

Business

Toyota sells 9.98 mil vehicles in 2013, stays world's No 1

Toyota outpaced rivals General Motors and Volkswagen last year to retain the title of world's biggest automaker with sales of 9.98 million vehicles, according to figures released Thursday.

Business

A new way of assembling things, called metamaterials

SINGAPORE: A new way of assembling things, called metamaterials, may in the not too distant future help to protect a building from earthquakes by bending seismic waves around it. Similarly, tsunami waves could be bent around towns, and soundwaves bent around a room to make it soundproof.

Business

Japan's record budget spending highlights balancing act

TOKYO: Japanese Prime Minister Shinzo Abe on Tuesday secured cabinet approval for a draft budget for the next fiscal year that aims to split the benefits of higher tax revenue between trimming fresh borrowing and stimulating the economy with record spending.

Business

Japan’s record budget spending highlights balancing act

Japanese Prime Minister Shinzo Abe on Tuesday secured cabinet approval for a draft budget for the next fiscal year that aims to split the benefits of higher tax revenue between trimming fresh borrowing and stimulating the economy with record spending.

Business

Christmas joy in Cebu

Even after natural disasters, Philippines island remains a lovely destination

Business

Japan revises down 3Q economic growth

TOKYO: Japan's economic growth slowed markedly in July-September, revised data showed Monday, highlighting the challenges facing Tokyo's bid to fire up the world's third-largest economy.

Business

Japanese firms showcase green vehicles

TOKYO: The Tokyo Motor Show kicks off Wednesday with Japanese automakers showcasing their latest electronic technology and green cars aimed at the growing low-emissions sector.