Business articles

Bank of Japan slashes annual inflation forecasts

The Bank of Japan on Thursday slashed its annual inflation forecast and once again delayed its timetable for hitting a two percent target as the economy struggles to gain traction despite years of stimulus.

Japan trade balance returns to surplus in June

Japan logged a trade surplus of nearly $4 billion in June, rebounding from a deficit the previous month, but its politically sensitive surplus with the United States slipped, government data showed Thursday.

US seeks to smooth trade relations with China in talks

After riding a wave of anti-trade feeling to the White House, the Trump administration is taking a more traditional approach to resolving issues with China: a formal structure of talks that makes gradual, sometimes glacial progress.

Microsoft cloud to help Baidu self-driving car effort

Microsoft’s cloud computing platform will be used outside China for collaboration by members of a self-driving car alliance formed by Chinese internet search giant Baidu, the companies announced on Tuesday.

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