TOKYO--Japan's inflation rate slowed to its lowest level in a year reflecting a decline in crude oil prices and weak domestic demand, casting further doubts on the Bank of Japan's efforts to achieve its 2% inflation target as the economy sank into recession.
MOSCOW�The Russian ruble weakened to new lows in early trading on Friday, hit by a drop in oil prices after OPEC members rejected calls for drastic action to cut their oil output.
Black Friday has long been the most important day of the year for the US retail sector. But in a new twist, it is also becoming the most important day for some US workers.
WASHINGTON - The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the first time in nearly three months.
Japan's Nikkei index closed at its highest level for two weeks, with exporters boosted by a weaker yen and airlines helped by falling oil prices.