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Japan faces first trade deficit since 1980

http://i.telegraph.co.uk/multimedia/archive/02117/tokyo_2117847b.jpgJapan is expected to reveal its first trade deficit since 1980 on Wednesday. The shortfall comes as the world’s third largest economy has been struggling to adjust to a strong yen, a eurozone crisis and the impact of natural disasters. More >

JAL names ex-pilot as new president

http://www.google.com/hostednews/afp/media/ALeqM5hcl18nhquiMxLhb5SJ6wOiW_1Oxw?docId=photo_1326794125640-1-0&size=s2Japan Airlines (JAL) on Tuesday named a former pilot as the company’s new president as the once-troubled carrier continues on its flightpath to recovery. More >

Japan ‘very concerned’ over Iran tension

http://www.google.com/hostednews/afp/media/ALeqM5h349InkV_fQMpbI_Z5DBOvNCX1CA?docId=photo_1326217327847-1-0&size=s2Japan’s foreign minister, on a Gulf tour to seek assurances over oil supplies, said Tuesday that Tokyo was “very concerned” by escalating tensions with Iran and called for a diplomatic solution. More >