Japan’s economic output exceeded its full capacity in October-December by the most in more than 26 years, offering the central bank some hope a sustained recovery will help inflation accelerate toward its elusive 2 per cent target.
Japan’s top currency diplomat issued a warning against excessive volatility in the exchange-rate market, threatening to act if currency moves become too volatile.
Japan’s core consumer inflation slowed in May and factory activity shrank in June, underlining the growing stress on the economy and keeping the central bank under pressure to expand its radical stimulus programme, possibly as early as next month.
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 Bank of Japan (BOJ) kept monetary policy steady on Thursday but Governor Haruhiko Kuroda signalled readiness to ramp up stimulus as global risks cloud the economic outlook, joining US and European central banks in dropping hints of additional easing.
Japan will for the first time next month lift an evacuation order in one of two towns where the crippled Fukushima nuclear plant is located, officials said on Tuesday.
Japan’s Toyota Motor Corporation and Panasonic Corporation said they plan to establish a joint venture (JV) to develop “connected” services to be used in homes and urban development. Operating officer of Toyota Masayoshi Shirayanagi and Managing Executive Officer of Panasonic Makoto Kitano were present during a press conference in Tokyo on Thursday
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 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,