Japan's October trade deficit nearly doubles to US$6.7bln

Official data showed Japan's trade deficit in October nearly doubled on year to US$6.7 billion.

This, as shipments to Europe sank amid the global slowdown, while a territorial spat with China also weighed. 

The trade shortfall came to 549 billion yen, expanding from a year-earlier deficit of 283 billion yen as exports fell 6 percent. 

Shipments to China were off 12 percent.