Japan Logs 1st Trade Deficit in 4 Months in May
Japan posted a goods trade deficit of 40.72 billion yen about ($389 million) in May for the first red ink in four months
Tokyo - QNA
Japan posted a goods trade deficit of 40.72 billion yen about ($389 million) in May for the first red ink in four months, the government said Monday, with the balance weighed down by sluggish exports amid a slowdown in overseas economies.
The value of exports dropped 11.3% from a year earlier to 5.09 trillion yen, down for the eighth straight month, led by declines in steel exports to the United States as well as smaller shipments of semiconductors and other electronic parts, according to Japan's (Kyodo) News Agency.
Imports plunged 13.8% to 5.13 trillion yen for the 17th consecutive monthly fall, as the value of crude oil imports plunged 30.6% , the Finance Ministry said in a preliminary report.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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