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Japan returns to trade deficit

  Tokyo / AFP Japan fell into a trade deficit in May, the first since January, the finance ministry said on Monday, as renewed yen strength pressured exports. Japanese exports fell for all major regions, including the nation’s biggest trading partner China, as concerns linger over a slowdown in the largest Asian economy as well as other emerging markets. The ...

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Thailand to offer more tax perks for foreign experts

  Bangkok / Tribune News Service The Revenue Department is poised to offer a personal income tax exemption of 10-15 years to foreign experts as part of its relentless effort to draw inbound direct investment to jump-start private investment. The tax waiver would be offered to experts in specific fields that can help strengthen the country’s competitiveness. It is not ...

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Tesla prepares for South Korea debut in challenge to Hyundai

  Seoul / Bloomberg Tesla Motor Inc. is preparing for its debut in South Korea as the US electric-car maker looks to challenge Hyundai Motor Co. at home. The maker of Model S sedans listed on its website four new positions for sales and engineering in South Korea and one recruiter for the country, who’ll be based in Japan. Tesla ...

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