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Japan's economy shrinks more than expected as US tariff hit looms

TOKYO, Japan: Japan's economy contracted for the first time in a year, shrinking at a faster pace than expected in the first quarter as steep U.S. tariffs cast a shadow over the export-dependent economy.

Data showed that the economy shrank at an annualized rate of 0.7 percent in the January-March period, far worse than the 0.2 percent decline forecasted by analysts.

The slump was driven by stagnant privat

Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the world's largest free trade area in response to U.S. President Donald Trump's tariff policies.

Swedish Minister for Foreign Trade Benjamin Dousa announced the proposal during a trade trip to Japan, stating that linking the EU with the Comprehensive and Progressive Agreement for Tra

"The world sees the medal....": PV Sindhu on her Olympic career

Pune (Maharashtra) [India], May 19 (ANI): India's two-time Olympic medalist shuttler PV Sindhu opened up on her win at the biggest sporting platform, saying that while the world sees the medal, a lot of things behind it go unseen.

Sindhu was speaking at FLAME University in Pune, Maharashtra on Sunday.

Speaking during the convocation address for the graduating batch of students, Sindhu summed up her hard j

Yosuke Kubozuka to star in 'Gomusin'

Los Angeles [US], May 19 (ANI): Yosuke Kubozuka has come on board for Gomusin, a Japan-UK-South Korea-set film, which will go on floors next year.

As per Deadline, 'Gomusin' will be the first project from Average Plus Productions, a new label set up by former Fremantle drama exec Nastasja Borgeot. Japan's Generation 11 is on board as a co-production partner on the movie, which Bryerly Long will direct.

Kubo

China imposes anti-dumping duties on imports of polyformaldehyde copolymer from EU, US, Japan, Taiwan

Beijing [China], May 19 (ANI): The Chinese Commerce Ministry has announced that China will impose anti-dumping duties on imports of polyformaldehyde copolymer originating in the United States, the European Union, Taiwan, and Japan from May 19 for five years, Xinhua reported.

An investigation has revealed that imports of polyformaldehyde copolymer from these nations have involved dumping, which caused damage to th

India launches diplomatic push to mobilize support against Pakistan

Seven delegations will visit various countries, including Russia, to present New Delhis anti-terror case against Islamabad

India has said it will send seven multi-party delegations to various countries as well as the United Nations Security Council to convey its case against alleged terrorism emanating from Pakistan.

"The All-Party Delegations will project India's national consensus and res

(SP)ITALY-IMOLA-AUTO-F1 GRAND PRIX

(250519) -- IMOLA, May 19, 2025 (Xinhua) -- Aston Martin's driver Fernando Alonso of Spain during the Formula One Emilia Romagna Grand Prix at the Autodromo Internazionale Enzo e Dino Ferrari race track in Imola, Italy, May 18, 2025. (Xinhua/Li Jing)

Uttarakhand Forest Department establishes state's first Cycad Garden at Haldwani

Haldwani (Uttarakhand) [India], May 19 (ANI): Uttarakhand Forest Department has established the state's first Cycad Garden at Haldwani. The garden is home to thirty-one different species of cycads, seventeen of which are classified as threatened.

The garden has been established on an area of over two acres with funding from the Japan International Cooperation Agency (JICA).

Of these, nine species are native

Indian markets open flat, experts says Volatility will remain despite FIIs inflows

New Delhi [India], May 19 (ANI): Indian stock markets opened on a flat note on Monday, indicating ongoing volatility.

The Nifty 50 index began the day at 25,026.20, registering a small rise of 6.40 points or 0.03 per cent. On the other hand, the BSE Sensex opened lower at 82,279.49, down by 51.10 points or 0.06 per cent.

According to market experts, foreign investors increased their short positions in the d

India's maritime sector witnesses surge in women seafarers, 649% growth in 10 years: Union Minister Sonowal

Mumbai (Maharashtra) [India], May 18 (ANI): Union Minister Sarbananda Sonowal on Sunday highlighted that India's maritime sector has witnessed a surge in the numbers of women seafarers in the last 10 years, recording a whopping growth of 649 per cent.

Union Minister Sonowal made these remarks at the inaugural of International Day for Women in Maritime celebrations in Mumbai.

According to an official releas

Gujarat: Amit Shah inaugurates newly constructed building of KK Patel, Madhuben K Patel Nursing College in Mehsana

Mehsana (Gujarat) [India], May 18 (ANI): Union Home Minister and Minister of Cooperation Amit Shah on Sunday inaugurated the newly constructed building of KK Patel and Madhuben K Patel Nursing College in Mehsana district of Gujarat.

Addressing the inauguration program, Union Minister Amit Shah said that this nursing college has been playing an important role in nursing education for the last 65 years. He said th

India celebrates 'International Day for Women in Maritime', reinforces commitment to gender equality

New Delhi [India], May 18 (ANI): The Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal unveiled the 'Sagar Mein Samman' (SMS), a policy initiative of the Central Government to create a future ready gender equitable maritime workforce with the ultimate aim to increase participation of women in the maritime sector.

The initiative was launched at the inaugural of 'International Day for Wom

India's forex reserves hit 7-month high of $690.6 billion

Mumbai (Maharashtra) [India], May 18 (ANI): India's foreign exchange reserves (forex) rose USD 4.553 billion to USD 690.617 billion in the week that ended on May 9, official data released by the Reserve Bank of India (RBI) showed.

The previous all-time high was at USD 704.89 billion in September 2024.

After extending gains for the eighth straight week, forex kitty fell the next week, to again rise in the Ma

GLOBALink | What does the future look like? Tokyo youth delegation explores China's tech frontier

"They instantly gave me a sense of what the future might be like. It left me wondering what kind of world awaits us."

At the invitation of the Beijing People's Association for Friendship with Foreign Countries, a 50-member youth delegation from Tokyo visited Beijing from May 12 to 16.

They experienced high-efficiency operations at JD's Beijing "Asia No. 1" digitally intelligent logistics center, and also tr

Dennis To returns as Grandmaster Wing Chun in 'IP Man: Kung Fu Legend'

Washington DC [US], May 18 (ANI): The iconic martial arts franchise IP Man is set to have another instalment, 'IP Man: Kung Fu Legend,' with Hong Kong martial artist and actor Dennis To reprising his role as the legendary grandmaster Wing Chun.

As per Variety, the makers of IP Man revealed the next instalment at the Cannes Film Market.

The film follows 2021's 'Ip Man: Kung Fu Master' starring To, which ga