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Japan logs first trade deficit since 2015

Japan logged a trade deficit last year for the first time since 2015, with export growth slowing amid tensions between the country's two biggest trading partners -- China and the United States. Japan logged the deficit of 1,203 billion yen ($11 billion) in 2018 after two years of surplus,...

China, Europe follow Brazil's Bolsonaro onto Davos stage

China and Europe take centre stage at Davos on Wednesday, a day after Brazil's hard-right President Jair Bolsonaro promised reform and respect for the environment to the world's business elite. Top billing at the World Economic Forum will go to Chinese Vice President Wang Qishan, a key...

Sony to shift UK HQ to avoid Brexit disruption

Sony will shift its European headquarters from Britain to the Netherlands to avoid Brexit-related customs issues, but operations at its current UK company will remain unchanged, a company spokesman said Wednesday. "We are moving the location of our European headquarters' registration to the...

Asian markets swing as dealers battle uncertainty

Asian markets fluctuated Wednesday following a negative lead from Wall Street as investors grow nervous about the chances of success in China-US trade talks ahead of a crunch meeting next week. The mood remains cautious, with the rally that has characterised the start of the year stuttering...