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Report: N. Korea may face more sanctions

SEOUL, March 20 (UPI) -- North Korea is likely to face additional financial sanctions besides those imposed by the U.N. Security Council, sources told South Korea's Yonhap News.

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Moody's downgrades Britain from AAA to Aa1 ... NHTSA limping along, some say ... AOA says rules impede Chinese tourism ... Turkey drops road privatization plan ... News from United Press International.

Turkey drops road privatization plan

ISTANBUL, Turkey, Feb. 23 (UPI) -- Turkey's Finance Ministry says it has dropped plans to privatize toll roads after Prime Minister Recep Tayyip Erdogan said a bid of $5.7 billion was too low.

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Markets flat to falling Wednesday ... China banker: Dollar No. 1 reserve currency ... Apple says it was hacked ... Japan Jan. trade deficit jumps to $17.3B ... News from United Press International.

Japan Jan. trade deficit jumps to $17.3B

TOKYO, Feb. 20 (UPI) -- Recession-hit Japan Wednesday reported a record January trade deficit of 1.63 trillion yen ($17.3 billion) as imports jumped.

Huge money inflows worry Thai brokers

BANGKOK, Feb. 15 (UPI) -- Thailand's leading stock brokers say they are concerned that huge massive money inflows could create a bubble in the stock and real estate markets.

India growth forecast discouraging

NEW DELHI, Feb. 7 (UPI) -- India's economic growth in the current fiscal year ending March 31 is expected to hit a decade low of 5 percent, the government said.

Japan remained under deflation in 2012

TOKYO, Jan. 24 (UPI) -- Japan got no relief from chronic deflation in 2012 as consumer prices fell a further 0.1 percent during the year from 2011, the government said Friday.

Japan trade deficit in 2012 hits record

TOKYO, Jan. 23 (UPI) -- Japan, hurt by falling exports and tensions with trading partner China, said Thursday its 2012 trade deficit hit a record 6.93 trillion yen, or $78 billion.

Germany prepares for austerity

BERLIN, Dec. 25 (UPI) -- Recommendations by the German Finance Ministry point to a drastic increase in taxes and a cut in social services, an analysis says.
China's June fiscal revenues up 20 percent

China's June fiscal revenues up 20 percent

BEIJING, July 13 (UPI) -- China's fiscal revenues in June jumped 19.6 percent to $100.5 billion from the same month of last year, the Finance Ministry said.

China's central bank strapped, sources say

BEIJING, Sept. 5 (UPI) -- The People's Bank of China is seeking to raise capital to shore up the $3.2 billion it has on hand, sources close to the central bank said.

Indian ministry seeks oil, gas tax breaks

NEW DELHI, June 23 (UPI) -- India's Petroleum and Natural Gas Ministry has sought Premier Manmohan Singh's intervention on a tax break on oil and gas production.

Indian ministry rejects oil bonds plan

NEW DELHI, May 14 (UPI) -- India's Finance Ministry has rejected a plan to issue oil bonds to help state-run oil marketing companies reeling from massive losses.

Russian deputy finance minister arrested

MOSCOW, Nov. 17 (UPI) -- Russia's deputy finance minister has been arrested in Moscow for allegedly planning to embezzle government money.
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