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Japan’s exports ready to take off
Japan has witnessed its highest annual rise in exports sector for three years. Exports rose by 18.6% in the year to October, with the highest contribution coming from car shipments. A weak yen and an improving global economy, mainly in
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Japan's exports ready to take off
Japan has witnessed its highest annual rise in exports sector for three years. Exports rose by 18.6% in the year to October, with the highest contribution coming from car shipments. A weak yen and an improving global economy, mainly in
Read More
Weak yen boosts Japan’s exports
The weakened yen against the US dollar and a revival in demand from European markets have boosted Japanese exports. According to reports, exports rose 7.4% from a year earlier. Sales to the European Union (EU) rose by 8.6%-the first jump
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Japan wants to become a part of the TPP free trade talks
Japan wants to join the talks on the Trans-Pacific Partnership (TPP) with the hope it would help revive the Japanese economy. The TPP is a trade agreement currently being negotiated among 11 countries: Australia, Brunei Darussalam, Canada, Chile, Malaysia, Mexico,
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Japan to sell shares to Japan Tobacco Company
In a bid to raise funds for the reconstruction of the devastated areas of Japan post the 2011 earthquake and tsunami, Japanese government has decided to sell a third of its stake in Japan Tobacco. Japan Tobacco is the third
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Japanese exports fall for a sixth straight month
Recent figures show that Japanese exports have fallen for sixth consecutive month, with exports to China declining by 14.5% and to the European Union by 20%. Sales to China have been hit by a territorial dispute, while continuing debt issues
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Japan is technically facing a recession
According to latest figures, Japan is technically in recession, having contract for two quarters in a row. The economy shrank by 0.9% in the July-September quarter, while the April June quarter was revised from 0.1% growth to show a contraction
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Japan cabinet approves second stimulus package.
Japanese lawmakers have approved another stimulus package to revive growth, as the flagging economy becomes a key issue in the upcoming general election. The money totalling 880bn yen will be mainly used to create jobs and support small businesses, the
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Uncertainty about Sharp’s survival in the long run
The falling sales and a rising yen have pushed Japan’s Sharp to an edge. The company has issued a warning about its survival in the long, as its credit rating has been cut to a “junk” status. A “junk” status
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Panasonic projects USD 9.6bn loss
Faced with falling sales and reconstructing expenses, Panasonic has forecast a net loss of USD 9.6bn The firm has been trying to restructure its business and said costs relating to that were expected to be almost 11 times more than
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Japan's Imports and Exports Drop In August
The drop in Japan’s imports and exports in August has raised concerns about the impact of a global slowdown on its economy. Exports fell 5.8% from a year earlier, hurt by the slowing demand from Europe and China. Imports fell
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Japan’s Imports and Exports Drop In August
The drop in Japan’s imports and exports in August has raised concerns about the impact of a global slowdown on its economy. Exports fell 5.8% from a year earlier, hurt by the slowing demand from Europe and China. Imports fell
Read MoreSharp cuts 5000 jobs
Japan’s Sharp Corporation reported a net loss of 138.4bn yen for the April to June period, prompting a cut of 5000 jobs, in an attempt to cut costs. Sharp said that falling prices and a “greater than expected” slowdown in
Read MoreJapan's rising machinery orders boost the economy
Japan’s core machinery orders, a key indicator of capital expenditure, rose more than forecast in April in a positive sign for the economy. Orders rose 5.7% from a month earlier. Most analysts had projected a 1.5% growth. The figures come
Read MoreJapan’s rising machinery orders boost the economy
Japan’s core machinery orders, a key indicator of capital expenditure, rose more than forecast in April in a positive sign for the economy. Orders rose 5.7% from a month earlier. Most analysts had projected a 1.5% growth. The figures come
Read MoreJapan consumer prices rise spurred by higher fuel costs
Japan’s consumer prices rose in April, spurred by rising fuel costs, but growth remained below the central bank’s target, official data has shown. Prices rose by 0.2% from a year earlier, as fuel and energy costs jumped 4.7%. Energy costs
Read MoreJapanese exports rise as car shipments surge in March
Japan’s exports rose in March, boosted by a surge in shipments of cars as the sector continues to recover from last year’s natural disasters. Car exports rose 33.6% from a year earlier, with overall exports up by 5.9%, latest trade
Read MoreJapan forces through its delayed $1.1tn budget for 2012
Japan’s government has forced through its 2012 budget, after it was stalled by a political battle over plans to double the national sales tax. The lower house of parliament approved the budget earlier this month. However, the upper house failed
Read MoreJapan’s Surprise Trade Surplus
Japan posted a surprise trade surplus in February, after a record high deficit the previous month, as external demand picked up. The surplus stood at 32.9bn yen ($394m; £248m), the Ministry of Finance said. In January the deficit came in
Read MoreJapan's Surprise Trade Surplus
Japan posted a surprise trade surplus in February, after a record high deficit the previous month, as external demand picked up. The surplus stood at 32.9bn yen ($394m; £248m), the Ministry of Finance said. In January the deficit came in
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