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(MENAFN - AFP) Japanese inflation slowed again in December, official data showed on Friday, as weak consumer spending and falling energy prices challenge Tokyo's war on deflation, hiking pressure on the Bank of Japan to unleash more stimulus.

But an uptick in factory output suggests that the world's number-three economy may be crawling out of recession, analysts said, as ...

(MENAFN - AFP) Honda is probing a deadly crash in the United States possibly linked to exploding air bags blamed for killing at least five people, and which sparked the recall of millions of vehicles worldwide.

The unidentified driver of a 2002 Honda Accord died in a crash last week in Houston, Texas, and the cause may have been a faulty airbag inflator produced by embattled ...

(MENAFN - AFP) Asian stock markets were mixed in early trading Friday, with Tokyo's main index rising after Japanese data showed inflation slowed in December but industrial output rebounded.

Tokyo's gains were in line with a broad overnight rally on Wall Street, after the Federal Reserve signalled that growth and job creation in the world's top economy remained robust and ...

(MENAFN - AFP) A combative US President Barack Obama unveiled plans to increase government spending, in defiance of his Republican opponents controlling Congress.

Rolling out budget proposals for the coming year that would increase spending by $74 billion above an agreed cap, Obama challenged newly empowered Republicans to back measures designed to help the middle class.

Visiting ...

(MENAFN - AFP) After its rapprochement with the United States, the steadfastly communist Cuba could further dismantle nearly six decades of isolation by shaking hands with another old enemy, the International Monetary Fund.

The IMF, the world's crisis lender but also an economic policy disciplinarian, does not have an especially good reputation in Havana.

Cuba, like ...

(MENAFN - AFP) President Barack Obama's administration hopes to increase funding to Central America to $1 billion next year as part of a drive to boost relations with southern neighbors, bolster security and stem illegal immigration.

"On Monday, President Obama will request from Congress $1 billion to help Central America's leaders make the difficult reforms and investments ...

(MENAFN - AFP) Japanese core consumer inflation slowed for a fifth straight month in December on lower energy costs and slack consumer spending, according to data released Friday.

Inflation in December, excluding volatile prices of fresh food, rose from year-earlier levels to 2.5 percent, less than the 2.7 percent recorded in November, data from the internal affairs ministry ...

(MENAFN - AFP) The US Senate on Thursday approved a bill authorizing construction of the controversial Keystone XL oil pipeline from Canada to the United States, a Republican priority that faces a presidential veto.

After weeks of sometimes fierce debate, the bill passed with 62 votes to 36, with nine Democrats defying President Barack Obama to support a project that would ...

(MENAFN - AFP) Amazon surprised the market Thursday with a quarterly profit far better than anticipated for the online giant known for investing for the long term.

Amazon posted earnings of $214 million in the fourth quarter as sales jumped 15 percent to $29.3 billion, swinging to profit after two consecutive losing quarters.

Shares in Amazon shot up 7.8 percent to ...

(MENAFN - AFP) Google on Thursday reported that its profit jumped in the recently ended quarter, but the leap fell short of market expectations.

The Internet colossus reported net profit up 41 percent year-over-year at $4.76 billion in the final three months of 2014. The profit translates to $6.88 per share, below the consensus forecast of $7.11 per share.

Revenues ...

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