Japan posts fifth straight current account surplus in November

TOKYO, Japan (AFP) — Japan posted a current account surplus for the fifth consecutive month in November as a weaker yen helped boost repatriated returns on foreign investment, official data showed yesterday.

Japan logged a surplus of 433.0 billion yen (US$3.7 billion) in the current account, reversing a deficit of 596.9 billion yen a year earlier, the finance ministry said.

The current account is the broadest measure of the country’s trade with the rest of the world, measuring not only trade in goods but also services, tourism and returns on foreign investment.

In November, Japan’s deficit in merchandise trade shrank sharply, helped by higher exports and falling oil bills.

Overall income, meanwhile, improved with higher gains from equity and other direct investment, as well as from investment in financial items, data showed.

The rise was inflated by a weaker yen, the consequence of Prime Minister Shinzo Abe’s pro-spending policy and the Bank of Japan’s massive monetary easing.

“On the back of the weak yen and the steady global economy, Japan’s investment income overseas is expanding remarkably,” said Daiki Takahashi, economist at Dai-ichi Life Research Institute in Tokyo.

“The nation’s trade deficit is also shrinking partially, thanks to a drop in oil prices,” Takahashi said. “Japan is likely to continue enjoying a current account surplus for now.”

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Japan posts fifth straight current account surplus in November

Jamaica's current account deficit on the rise

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Jamaica"s current account deficit on the rise

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Current world records

MOSCOW, Russia (AFP) — Current world records in athletics going in to the World Championships in Moscow from August 10-18:

MEN100 Metres – 9.58, Usain Bolt (JAM) Berlin 16/08/2009200 Metres – 19.19, Usain Bolt (JAM) Berlin 20/08/2009400 Metres – 43.18, Michael Johnson (USA) Seville 26/08/1999800 Metres – 1:40.91, David Rudisha (KEN) London 09/08/20121,500 Metres – 3:26.00, Hicham El Guerrouj (MAR) Rome 14/07/19985000 Metres – 12:37.35, Kenenisa Bekele (ETH) Hengelo 31/05/200410,000 Metres – 26:17.53, Kenenisa Bekele (ETH) Brussels 26/08/2005Marathon – 2:03.38, Patrick Musyoki (KEN) Berlin 25/09/20113,000 Metres Steeplechase – 7:53.63, Saif Saaeed Shaheen (QAT) Brussels 03/09/2004110 Metres Hurdles – 12.80, Aries Merritt (USA) Brussels 07.09/2012400 Metres Hurdles – 46.78, Kevin Young (USA) Barcelona 06/08/1992High Jump – 2.45m, Javier Sotomayor (CUB) Salamanca 27/07/1993Pole Vault – 6.14m, Sergey Bubka (UKR) Sestriere 31/07/1994Long Jump – 8.95m, Mike Powell (USA) Tokyo 30/08/1991Triple Jump – 18.29m, Jonathan Edwards (GBR) Gothenburg 07/08/1995Shot Put – 23.12m, Randy Barnes (USA) Westwood 20/05/1990Discus Throw – 74.08m, Jurgen Schult (GDR) Neubrandenburg 06/06/1986Hammer Throw – 86.74m, Yuriy Sedykh (USSR) Stuttgart 30/08/1986Javelin Throw – 98.48m, Jan Zelezny (CZE) Jena 25/05/1996Decathlon – 9,039pts, Ashton Eaton (USA) Eugene 23/06/201220 Kilometres Walk – 1:17:16 Vladimir Kanaykin (RUS) Saransk 29/09/200750 Kilometres Walk – 3:34:14 Denis Nizhegorodov (RUS) Cheboksary 11/05/20084×100 Metres Relay – 36.84 Jamaica (JAM) London 11/08/2012 (Nesta Carter, Michael Frater, Yohan Blake, Usain Bolt)4×400 Metres Relay – 2:54.29, United States (USA) Stuttgart 22/08/1993 (Andrew Valmon, Quincy Watts, Harry Reynolds, Michael Johnson)WOMEN100 Metres – 10.49, Florence Griffith-Joyner (USA) Indianapolis 16/07/1988200 Metres – 21.34, Florence Griffith-Joyner (USA) Seoul 29/09/1988400 Metres – 47.60, Marita Koch (GDR) Canberra 06/10/1985800 Metres – 1:53.28, Jarmila Kratochvilova (CZE) Munich 26/07/19831,500 Metres – 3:50.46, Yunxia Qu (CHN) Beijing 11/09/19935,000 Metres – 14:11.15, Tirunesh Dibaba (ETH) Oslo 06/06/200810,000 Metres – 29:31.78, Junxia Wang (CHN) Beijing 08/09/1993Marathon – 2:15:25, Paula Radcliffe (GBR) London 13/04/20033,000 Metres Steeplechase – 8:58.81, Gulnara Galkina (RUS) Beijing 17/08/2008100 Metres Hurdles – 12.21, Yordanka Donkova (BUL) Stara Zagora 20/08/1988400 Metres Hurdles – 52.34, Yuliya Pechenkina (RUS) Tula 08/08/2003High Jump – 2.09m, Stefka Kostadinova (BUL) Rome 30/08/1987Pole Vault – 5.06m, Yelena Isinbayeva (RUS) Zurich 28/08/2009Long Jump – 7.52m, Galina Chistyakova (USSR) Leningrad 11/06/1988Triple Jump – 15.50m, Inessa Kravets (UKR) Gothenburg 10/08/1995Shot Put – 22.63m, Natalya Lisovskaya (USSR) Moscow 07/06/1987Discus – 76.80m, Gabriele Reinsch (GDR) Neubrandenburg 09/07/1988Hammer – 79.42m, Betty Heidler (GER) Halle 21/05/2011Javelin – 72.28m, Barbora Spotakova (CZE) Stuttgart 13/09/2008Heptathlon – 7,291pts, Jackie Joyner-Kersee (USA) Seoul 24/09/198820 Kilometres Walk – 1:25.02 Elena Lashmanova (RUS) London 11/08/20124×100 Metres Relay – 40.82 United States (USA) London 10/08/2012 (Tianna Madison, Allyson Felix, Bianca Knight, Carmelita Jeter)4×400 Metres Relay – 3:15.17, Soviet Union (USSR) Seoul 01/10/1988 (Olga V Nazarova, Tatyana Ledovskaya, Olga Vladykina-Bryzgina, Mariya Kulchunova-Pinigina)

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Current world records