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Honda posts 18.8% rise in 1st-half group net profit

TOKYO, Japan - Tetsuo Iwamura, executive vice president of Honda Motor Co., attends a press conference in Tokyo on Oct. 28, 2014. The company lowered its group net profit outlook for the business year through March 2015 despite solid profit growth in the first half, amid faltering demand in Japan and some other Asian markets.

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Renesas to receive up to 200 bil. yen bailout

TOKYO, Japan - Yasushi Akao, president of Renesas Electronics Corp., speaks at a press conference in Tokyo on Dec. 10, 2012. Struggling Japanese chipmaker Renesas Electronics said the same day it will receive up to 200 billion yen in aid from a government-backed fund and private-sector firms to turn around its faltering business.

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Donors pledge over $5 billion in aid to Pakistan

TOKYO, Japan - Japanese Foreign Minister Hirofumi Nakasone (R) and Pakistani Foreign Minister Shah Mahmood Qureshi (L) attend a news conference at a Tokyo hotel on April 17 after a 49-member donors conference pledged over $5 billion in aid to Pakistan in a move to help the country bolster its faltering economy and combat terrorism.

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Donors pledge over $5 billion in aid to Pakistan

TOKYO, Japan - Japanese Foreign Minister Hirofumi Nakasone (R) and Pakistani Foreign Minister Shah Mahmood Qureshi (L) attend a news conference at a Tokyo hotel on April 17 after a 49-member donors conference pledged over $5 billion in aid to Pakistan in a move to help the country bolster its faltering economy and combat terrorism.

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Industry minister calls on big companies to lift wages

TOKYO, Japan - Economy, Trade and Industry Minister Toshihiro Nikai (standing) addresses a meeting of the Japan Business Federation in Tokyo on Sept. 10 where he urged major companies in Japan to lift wages to prop up the faltering economy.

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Wie fails to make cut versus men at Casio World Open

KOCHI, Japan - Michelle Wie attends a new conference Nov. 25 after failing by one shot to make the cut against the men after faltering with a 3-over-par 75 in the second round of the Casio World Open at Kochi Kuroshio Country Club in Kochi Prefecture.

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Wie fails to make cut versus men at Casio World Open

KOCHI, Japan - Michelle Wie is stunned at the 18th hole after missing a one-meter putt in the second round of the Casio World Open at Kochi Kuroshio Country Club in Kochi Prefecture on Nov. 25. She failed to make the cut against the men by only one shot after faltering with a 3-over-par 75 in the round.

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Asashoryu still in command at New Year sumo

TOKYO, Japan - Grand champion Asashoryu (L) maintains pole position at the New Year Grand Sumo Tournament after a routine win over faltering No. 4 maegashira Kakizoe on Jan. 14. The fiery 24-year-old from Ulan Bator needed to do little more than flex his muscles in a completely lopsided finale at Tokyo's Ryogoku Kokugikan. Asashoryu remains unbeaten in the first six days of the 15-day tournament.

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Musashimaru dumped to 2nd loss at Nagoya sumo

NAGOYA, Japan - Faltering grand champion Musashimaru (fore) is handed his second straight loss by veteran Takanonami at the Nagoya Grand Sumo Tournament at Aichi Prefectural Gymnasium on July 9.

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Ex-top economic adviser urges Japan to set inflation target

NEW YORK, United States - Laura Tyson, who served as head of the U.S. Council of Economic Advisers under the administration of former President Bill Clinton, speaks during an interview with Kyodo News in New York on Feb. 3. Tyson said Japan should set an inflation target as part of its efforts to shore up its faltering economy.

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Gov't urged to seek deregulation in 6 priority areas

TOKYO, Japan - Prime Minister Junichiro Koizumi (C) leafs through a report submitted by Yoshihiko Miyauchi (R), chairman of the Council for Regulatory Reform, at his official residence Dec. 11, as administrative reform minister Nobuteru Ishihara (L) looks on. The report called for an early deregulation in six priority areas to build a consumer-friendly society and revive the faltering economy.

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Shiokawa speaks after first-day session of APEC meeting

SUZHOU, China - Japanese Finance Minister Masajuro Shiokawa meets the press in Suzhou, China, on Sept. 8 after the first day's session of the two-day finance ministers' talks of the Asia-Pacific Economic Cooperation (APEC) forum. The Finance ministers from 21 Pacific Rim economies kicked off two days of talks the same day to discuss mutual cooperation in boosting the faltering global economy.

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APEC finance ministers open 2-day talks on global economy

SUZHOU, China - Finance ministers from 21 Pacific Rim economies gather in Suzhou, China, on Sept. 8 to discuss mutual cooperation in boosting the faltering global economy. Sixth from left is Japanese Finance Minister Masajuro Shiokawa. The ministers of the Asia-Pacific Economic Cooperation (APEC) forum kicked off two days of talks on the same day.

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APEC finance ministers open 2-day talks on global economy

SUZHOU, China - The finance ministers of the Asia-Pacific Economic Cooperation (APEC) forum gather in Suzhou on Sept. 8 for a two-day meeting to discuss mutual cooperation in boosting the faltering global economy.

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Shiokawa concerned about stock falls

TOKYO, Japan - Finance Minister Masajuro Shiokawa speaks at a news conference at the Finance Ministry on Aug. 31. He expressed concern about the recent fall in stock prices but ruled out any quick cure to fix the faltering stock market.

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Ruling coalition policy-makers agree on need for extra budget

TOKYO, Japan - Policy-makers from the tripartite ruling coalition meet in Tokyo on Aug. 6. They agreed on the need for an extra budget for the current fiscal year to help buoy the faltering economy.

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Japan's economy in serious stage: Mori

TOKYO, Japan - Prime Minister Yoshiro Mori (C) on March 15 addresses the first meeting of a government-ruling coalition task force set up to map out emergency measures to rev up the nation's faltering economy and buoy the slumping stock market. He said Japan's economy is ''in a serious stage'' in view of worrying economic prospects and slowing U.S. growth. At left is Finance Minister Kiichi Miyazawa.

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Former Sogo Chairman Mizushima denies lawsuit charges

TOKYO, Japan - Hiroo Mizushima, former chairman of faltering department store operator Sogo Co., meets the press Nov. 2 after appearing in a Tokyo court to defend himself in damages suits brought against him and 18 other former Sogo executives by the store's management. ''In no sense whatsoever was there any illegality involved,'' he said.

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Panel submit policy recommendations

Hirotaro Higuchi (L), chairman of the Economic Strategy Council, presents his panel's policy recommendations to Prime Minister Keizo Obuchi (R) on Wednesday Oct. 14. The panel urged the government to pump 'tens of trillions of yen' into the nation's troubled banking industry and called for an additional stimulus package of more than 10 trillion yen to rev up the faltering economy.

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China's faltering "zero-COVID" policy

Passengers wait to board a train at a railway station in Shanghai on Dec. 12, 2022, as China faces new challenges after relaxing its "zero-COVID" policy.

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China's faltering "zero-COVID" policy

Photo taken on Dec. 12, 2022, shows closed restaurants and shops in a high-speed railway station in Beijing, as China faces new challenges after relaxing its "zero-COVID" policy.

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China's faltering "zero-COVID" policyh

A passenger wearing a face shield looks at her smartphone while waiting to board a train at a railway station in Shanghai on Dec. 12, 2022, as China faces new challenges after relaxing its "zero-COVID" policy.

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China's faltering "zero-COVID" policy

Passengers wearing face masks wait to board a train at a railway station in Shanghai on Dec. 12, 2022, as China faces new challenges after relaxing its "zero-COVID" policy.

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China's faltering "zero-COVID" policy

A medical worker sits on a chair in front of PCR testing booths in Beijing on Dec. 12, 2022, as China faces new challenges after relaxing its "zero-COVID" policy.

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China's faltering "zero-COVID" policy

A worker pulls a cart on a deserted street in downtown Beijing on Dec. 12, 2022, where a surge in outbreaks tests China's easing of its "zero-COVID" policy.

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China's faltering zero-COVID policy

Residents wearing face shields walk on a street in Beijing on Dec. 12, 2022, where a surge in outbreaks tests China's easing of its "zero-COVID" policy.

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China's faltering "zero-COVID" policy

Photo taken on Dec. 12, 2022, shows a deserted commercial area in downtown Beijing, as China faces new challenges after relaxing "zero-COVID" policy.

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China's faltering zero-COVID policy

A woman and a child wearing face masks walk along a deserted street in downtown Beijing on Dec. 12, 2022, as China faces new challenges after relaxing "zero-COVID" policy.

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China's faltering zero-COVID policy

Residents line up for fever outpatient service at a hospital in central Beijing on Dec. 12, 2022, as China faces new challenges after relaxing "zero-COVID" policy.

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S. Korea's real GDP grows 0.3 pct in Q3 on quarter

STORY: S. Korea's real GDP grows 0.3 pct in Q3 on quarter DATELINE: Oct. 27, 2022 LENGTH: 00:01:32 LOCATION: Seoul CATEGORY: ECONOMY SHOTLIST: 1. various of the Bank of Korea 2. various of the container port 3. various of manufacturing 4. various of the container port STORYLINE: South Korea's real gross domestic product (GDP), adjusted for inflation, grew 0.3 percent in the July-September quarter compared to the previous quarter, Bank of Korea (BOK) data showed on Thursday. The real GDP kept rising for the ninth successive quarter since the third quarter of 2020, but it was down from the quarter-over-quarter increase of 0.6 percent in the first quarter and 0.7 percent in the second quarter. Private consumption and facility investment contributed to the GDP expansion, but the faltering export led to lower economic growth. Net export dragged down the GDP growth by 1.8 percentage points in the third quarter, while private consumption and facility investment lifted the growth rate by 0.9 percentage points a

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U.S. dollar hegemony adds to economic challenges facing African countries: Nigerian expert

STORY: U.S. dollar hegemony adds to economic challenges facing African countries: Nigerian expert DATELINE: Aug. 6, 2022 LENGTH: 00:02:29 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of Nigeria's capital city 2. various of center for China studies office in Abuja 3. SOUNDBITE (English): CHARLES ONUNAIJU, Director, Center for China Studies, Nigeria STORYLINE: The U.S. economy contracted for the second straight quarter, with growth falling at a 0.9 percent annual rate in the April-June period. This has sparked a new debate about the faltering economy in the U.S. A Nigerian expert said this could be a very worrying trend, as African countries that rely on the U.S. market may face greater economic challenges due to the U.S. dollar hegemony. SOUNDBITE (English): CHARLES ONUNAIJU, Director, Center for China Studies, Nigeria "There is a broad understanding among economists that when there is a contraction in two consecutive quarters, as in the case of the United States, there is an obvious danger."

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GLOBALink | Chinese economy wins global vote of confidence

STORY: Chinese economy wins global vote of confidence DATELINE: June 18, 2022 LENGTH: 0:01:43 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): KRISTALINA GEORGIEVA, IMF Managing Director 2. SOUNDBITE 2 (English): ANEEL SALMAN, Economist at Comsats University Islamabad 3. SOUNDBITE 3 (English): BORGE BRENDE, World Economic Forum President 4. SOUNDBITE 4 (Chinese): JERRY ZHANG, Chief executive officer, Standard Chartered Bank (China) 5. SOUNDBITE 5 (English): AADITYA MATTOO, World Bank East Asia and Pacific Chief Economist STORYLINE: A series of recently-released economic barometers indicate that the Chinese economy has bounced back after having weathered shocks of the latest COVID-19 resurgence, revealing resilience and certainty in the still faltering global recovery. China's foreign trade rebounded in May. Its total imports and exports went up 9.6 percent year on year to 3.45 trillion yuan (510 billion U.S. dollars) last month on top of April's 0.1-percent expansion. As C

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Gov't urged to seek deregulation in 6 priority areas

TOKYO, Japan - Prime Minister Junichiro Koizumi (C) leafs through a report submitted by Yoshihiko Miyauchi (R), chairman of the Council for Regulatory Reform, at his official residence Dec. 11, as administrative reform minister Nobuteru Ishihara (L) looks on. The report called for an early deregulation in six priority areas to build a consumer-friendly society and revive the faltering economy.

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Asashoryu still in command at New Year sumo

TOKYO, Japan - Grand champion Asashoryu (L) maintains pole position at the New Year Grand Sumo Tournament after a routine win over faltering No. 4 maegashira Kakizoe on Jan. 14. The fiery 24-year-old from Ulan Bator needed to do little more than flex his muscles in a completely lopsided finale at Tokyo's Ryogoku Kokugikan. Asashoryu remains unbeaten in the first six days of the 15-day tournament. (Kyodo)

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Wie fails to make cut versus men at Casio World Open

KOCHI, Japan - Michelle Wie attends a new conference Nov. 25 after failing by one shot to make the cut against the men after faltering with a 3-over-par 75 in the second round of the Casio World Open at Kochi Kuroshio Country Club in Kochi Prefecture. (Kyodo)

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Wie fails to make cut versus men at Casio World Open

KOCHI, Japan - Michelle Wie is stunned at the 18th hole after missing a one-meter putt in the second round of the Casio World Open at Kochi Kuroshio Country Club in Kochi Prefecture on Nov. 25. She failed to make the cut against the men by only one shot after faltering with a 3-over-par 75 in the round. (Kyodo)

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Industry minister calls on big companies to lift wages

TOKYO, Japan - Economy, Trade and Industry Minister Toshihiro Nikai (standing) addresses a meeting of the Japan Business Federation in Tokyo on Sept. 10 where he urged major companies in Japan to lift wages to prop up the faltering economy. (Kyodo)

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Musashimaru dumped to 2nd loss at Nagoya sumo

NAGOYA, Japan - Faltering grand champion Musashimaru (fore) is handed his second straight loss by veteran Takanonami at the Nagoya Grand Sumo Tournament at Aichi Prefectural Gymnasium on July 9. (Kyodo)

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China's 2015 GDP growth at 6.9%, weakest in 25 years

Wang Baoan, commissioner of China's National Bureau of Statistics, attends a press conference in Beijing on Jan. 19, 2016, to discuss gross domestic product data for 2015. The Chinese economy grew 6.9 percent from a year earlier, posting its slowest pace of expansion in a quarter of a century, dragged down by lethargic industrial activity and faltering exports. (Kyodo) ==Kyodo

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Ex-top economic adviser urges Japan to set inflation target

NEW YORK, United States - Laura Tyson, who served as head of the U.S. Council of Economic Advisers under the administration of former President Bill Clinton, speaks during an interview with Kyodo News in New York on Feb. 3. Tyson said Japan should set an inflation target as part of its efforts to shore up its faltering economy.

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Donors pledge over $5 billion in aid to Pakistan

TOKYO, Japan - Japanese Foreign Minister Hirofumi Nakasone (R) and Pakistani Foreign Minister Shah Mahmood Qureshi (L) attend a news conference at a Tokyo hotel on April 17 after a 49-member donors conference pledged over $5 billion in aid to Pakistan in a move to help the country bolster its faltering economy and combat terrorism. (Kyodo)

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Donors pledge over $5 billion in aid to Pakistan

TOKYO, Japan - Japanese Foreign Minister Hirofumi Nakasone (R) and Pakistani Foreign Minister Shah Mahmood Qureshi (L) attend a news conference at a Tokyo hotel on April 17 after a 49-member donors conference pledged over $5 billion in aid to Pakistan in a move to help the country bolster its faltering economy and combat terrorism. (Kyodo)

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Honda posts 18.8% rise in 1st-half group net profit

TOKYO, Japan - Tetsuo Iwamura, executive vice president of Honda Motor Co., attends a press conference in Tokyo on Oct. 28, 2014. The company lowered its group net profit outlook for the business year through March 2015 despite solid profit growth in the first half, amid faltering demand in Japan and some other Asian markets. (Kyodo)

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Shiokawa speaks after first-day session of APEC meeting

SUZHOU, China - Japanese Finance Minister Masajuro Shiokawa meets the press in Suzhou, China, on Sept. 8 after the first day's session of the two-day finance ministers' talks of the Asia-Pacific Economic Cooperation (APEC) forum. The Finance ministers from 21 Pacific Rim economies kicked off two days of talks the same day to discuss mutual cooperation in boosting the faltering global economy.

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APEC finance ministers open 2-day talks on global economy

SUZHOU, China - Finance ministers from 21 Pacific Rim economies gather in Suzhou, China, on Sept. 8 to discuss mutual cooperation in boosting the faltering global economy. Sixth from left is Japanese Finance Minister Masajuro Shiokawa. The ministers of the Asia-Pacific Economic Cooperation (APEC) forum kicked off two days of talks on the same day.

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Shiokawa concerned about stock falls

TOKYO, Japan - Finance Minister Masajuro Shiokawa speaks at a news conference at the Finance Ministry on Aug. 31. He expressed concern about the recent fall in stock prices but ruled out any quick cure to fix the faltering stock market.

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Japan's economy in serious stage: Mori

TOKYO, Japan - Prime Minister Yoshiro Mori (C) on March 15 addresses the first meeting of a government-ruling coalition task force set up to map out emergency measures to rev up the nation's faltering economy and buoy the slumping stock market. He said Japan's economy is ''in a serious stage'' in view of worrying economic prospects and slowing U.S. growth. At left is Finance Minister Kiichi Miyazawa.

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Former Sogo Chairman Mizushima denies lawsuit charges

TOKYO, Japan - Hiroo Mizushima, former chairman of faltering department store operator Sogo Co., meets the press Nov. 2 after appearing in a Tokyo court to defend himself in damages suits brought against him and 18 other former Sogo executives by the store's management. ''In no sense whatsoever was there any illegality involved,'' he said.

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Panel submit policy recommendations

Hirotaro Higuchi (L), chairman of the Economic Strategy Council, presents his panel's policy recommendations to Prime Minister Keizo Obuchi (R) on Wednesday Oct. 14. The panel urged the government to pump 'tens of trillions of yen' into the nation's troubled banking industry and called for an additional stimulus package of more than 10 trillion yen to rev up the faltering economy. ==Kyodo