JAPAN

International Monetary Fund (IMF) Managing Director Christine Lagarde

IMF chief urges U.S. to immediately resolve debt spat

IMF chief Christine Lagarde on Tuesday urged the United States to quickly resolve a political stalemate over raising the debt ceiling, warning that failure to reach an agreement would have serious consequences for the world economy.

The World's Most Impressive High Speed ?Bullet? Trains

The French TGV High Speed Train
The European Union defines High speed trains, also called Bullet trains for their appearance, with a speed limit of up to 250 kilometers per hour; while in the United States, Federal Railroad Administration identifies speed above 177 kilometers per hour for high speed trains.

Japan nuclear compensation bill passes key hurdle

A worker welds Toshiba Corp's Shielded Ion Exchange Module for a radioactive water treatment facility at the Keihin Product Operations in Yokohama
A lower house committee of Japan's parliament on Tuesday passed a bill to help Tokyo Electric Power pay billions of dollars in compensation to those hurt by the Fukushima nuclear disaster, ensuring a law will soon be in place to guarantee the utility's survival and get aid to victims.
More news
IBTimes Logo

TI forecasts modest third quarter

Texas Instruments Inc gave a lukewarm outlook for the current quarter, suggesting that back-to-school sales of computers and other consumer electronics would be weaker than normal.
Factory in Japan

Elusive Rebound Better Come Soon

American consumers, faced with grim job prospects and the looming threat of a national debt default, are in no position to support the global economy with a new wave of spending.
IBTimes Logo

BOJ Shirakawa: must closely watch recent yen rises

Bank of Japan Governor Masaaki Shirakawa said on Monday that the central bank needs to closely watch recent rises in the yen, which may hurt the country's economy by undermining exports, corporate revenue and sentiment.
IBTimes Logo

Stocks fall, gold at record high on US debt crisis

Stocks slipped while the Swiss franc rose and gold hit a record high on Monday as hopes for a political deal to avert a U.S. default began to fade, though investors were mostly seeking to protect their portfolios with no signs of panic selling.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.