Japan’s economy contracted slightly in the first quarter as corporate and consumer spending weakened, a Reuters poll showed on Friday. Exports also deteriorated amid trade disputes and weaker global demand, hurting the trade-reliant economy. Gross domestic product (GDP) is expected to have fallen 0.2% in January-March on an annualised basis,
Japan’s SoftBank Group Corporation is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetise its almost $100 billion Vision Fund through an IPO. SoftBank is considering taking the Saudi-backed investment fund public,
With unemployment at a 26-year low, Japanese companies are facing stiff competition for talent. But younger people entering the workforce often resent everything that made the Japanese corporate environment globally notorious: long hours, strict top-down discipline and rewards based on loyalty and seniority.
Japan’s economic growth unexpectedly accelerated in January-March, driven by net contributions from exports and defying forecasts for a contraction in the world’s third-largest economy. However, the surprise expansion was mostly caused by imports declining faster than exports, likely reflecting weak domestic demand,
Japan’s government is considering downgrading its assessment of the economy next week as the intensifying Sino-US trade war takes a toll on exports and factory output, a government source with direct knowledge of the matter told Reuters. A downgrade in the crucial monthly report could fuel speculation
Tokyo: Japanese exports fell for the fifth month in April in a sign of the growing economic strain exerted by the Sino-US trade war, but a pickup in business sentiment and machinery orders show companies remain optimistic about the future. The exports contraction followed gross domestic product (GDP) data
Japan’s top government spokesman said on Wednesday that auto import restrictions by Washington would adversely affect the US and global economies.
The driverless five-car train crashed on Saturday evening, injuring 14 passengers a police spokesman in Kanagawa prefecture south of Tokyo told the media.
Japan’s top government spokesman said on Tuesday the United States has confirmed its defense treaty with Japan after a report suggested US President Donald Trump considered withdrawing from the pact.