Mainland Chinese shares continued to head lower on Thursday, leading the rest of Asia down as concerns over the market's steep slide spread. The benchmark Shanghai Composite was down 3.6% to 3,380.31 points despite aggressive measures by regulators such as banning big investors from selling stocks to boost the flagging market.
Mainland Chinese shares continued to slide on Wednesday, falling more than 8% on opening. The slump came despite more moves by China's regulators to try and stabilize the recently volatile market.
Fitch cut its credit rating for heavily indebted Japan by one notch on Monday, saying it has not done enough to plug a budget gap left by its decision to delay the second stage of a sales tax hike.
Winston Churchill dispatched 1,700 troops to the Falkland Islands in 1942 out of concern that the Japanese were planning to invade the territory and interfere with critical sea routes in the South Atlantic. In support of this plan Tokyo allegedly was prepared to hand control of the Falklands to Argentina, according to a piece in the Daily Telegraph, credited to Julian Ryall, from the Japanese capital.
Japanese single malt whiskey has been named the world’s best for the first time by a prestigious guide, which also declined to place a scotch in its top ranking. The Yamazaki Single Malt Sherry Cask 2013 was described as “thick, dry, as rounded as a snooker ball” by Jim Murray’s Whisky Bible, which awarded it a record-matching 97.5 points out of 100. The latest guide was released Monday.
The International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of weaker growth in core Euro zone countries, Japan and big emerging markets like Brazil.
Nations agreed on measures Thursday to toughen scrutiny of future Japanese bids to kill whales in the name of scientific research, which critics say is a cover for commercial hunts.
Japan's economy shrank 1.8% in the April-to-June period, worse than forecast and raising more questions about the government's economic policy. The official data confirmed that the world's third largest economy suffered its sharpest quarterly contraction since the 2011 earthquake disaster.
Heads of Government of the fourteen Caribbean Community (CARICOM) “were heartened” by their Japanese counterpart’s Shinzo Abe positive response to a number of issues raised during their one-day summit in Guyana.
According to the Sunday Express wartime prime minister Winston Churchill feared the opening of a new front in the Falkland Islands and was so concerned about the matter that he sent about 1.000 soldiers to protect the Islands and ensure Britain would not have to retake them.