Economy of Japan

An unexpected drop in German industrial production in December, as well as a decline in exports, cast a shadow over the outlook for Europe's biggest economy, analysts said on Feb. 9.

The Bank of Japan on Jan. 29 said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up a stumbling economic recovery.

Japan's economy minister Akira Amari said on Jan. 28 he was stepping down over graft allegations, dealing a major blow to Prime Minister Shinzo Abe who faces a key leadership vote later this year.

Detroit's world famous North American International Auto Show (NAIAS) opened to the public last week for the 27th time. Daily Hürriyet picked the best of the show, which runs through Jan. 24.

The most popular 

Lexus LC 500

Turkey's foreign trade deficit narrowed by 25 percent year-on-year in the first 11 months of 2015 thanks to the decline in imports amid the drop in the oil price, according to data revealed by the Turkish Statistics Agency (TÜ?K) on Dec. 31. 

The deficit narrowed to $57 billion in the January-November period compared to the same period of 2014. 

Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago, data showed on Nov. 16, dealing a fresh blow to his drive to kick start weak growth and end years of deflation.

Over the first five months of 2015, Serbia posted a surplus of EUR 483 million in agriculture and food trade with the world.

At the same time, imports of these products to the country has increased,

The Turkish unit of Toyota Motor Corp saw first-half exports slump by 30 percent to 42,433 units after a weaker ruble hit Russia?s car market, but it hopes to pare losses with sales domestically and to Europe, the unit?s chief executive has said. 

Toyota and Nissan, Japan's two top automakers, on June 25 said they will recall more than three million more cars globally because of concerns over airbags involved in eight deaths worldwide.

Japanese automaker Honda on June 22 confirmed a new death linked to an exploding air bag crisis, bringing the global total to eight fatalities -- that has sparked the recall of millions of vehicles.

The company said a woman in Los Angeles died in September last year after the faulty inflator in a 2001 Honda Civic ruptured, firing metal shrapnel at her.