TODAY'S BUSINESS HEADLINES

Finance chief takes Court of Appeals to task for

For 2nd time, DOTC pushes back timetable for Cebu BRT project

PSEi returns above 7,300-mark

Belle looks beyond gaming, eyes M&As to attain conglomerate status by next year

PNB, Eton Properties lift Lucio Tan holding firm's 1Q profit

Japan H1 current account surplus slumps 45%

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TOKYO - Japan's current account surplus fell 45.0 percent in the first six months of 2012 from a year earlier because of higher energy imports, official data showed Wednesday.

The surplus, the broadest measure of external trade, stood at 3.04 trillion yen ($38.6 billion) in January-June, down from 5.52 trillion yen previously, as Japan was also hit by the strong yen and fallout from the European debt crisis.

The figure for June alone was 433.3 billion yen, almost in line with economists forecast.

-- Dow Jones Newswires contributed to this article --


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