Japan logged its first trade deficit in five months in January, official data showed Monday, as higher energy prices overwhelmed slower growth in exports due to the lunar new year.
Japan's economy expanded 1.0 percent in 2016 as a bump in exports and capital investment offset weak spending at home, data showed Monday, although it was unlikely to erase concerns about Tokyo's faltering war on deflation.
Japan says its current account surplus hit a 9-year high in 2016, helped by lower costs for imported oil and improved exports.
Angling to pre-empt complaints over Japan's perennial trade surplus with the U.S., Prime Minister Shinzo Abe reportedly plans to propose a sweeping economic cooperation initiative meant to create hundreds of thousands of jobs in the U.S. when he meets with President Donald Trump later this month.
The Henn na Hotel, opened in 2015 in Sasebo, Nagasaki Prefecture, has been certified by Guinness World Records as the first hotel to be staffed by robots.
A tourist woman takes a photo of her friend in front of Karasumori Shinto shrine in Tokyo's Shimbashi business district on Sunday, Jan. 15.
Nintendo unveiled its new Switch game console Friday, which works both at home and on-the-go, as it tries to offset disappointing Wii U sales and compete with Sony's big-selling PlayStation 4.
Japan's Prime Minister Shinzo Abe, left, toasts with leaders of the country's business chambers at a New Year's party in Tokyo on Thursday, Jan 5.
The underreporting of working hours is suspected to have occurred in several departments at Japanese advertising giant Dentsu Inc., which has already been referred to prosecutors on suspicion of violating the Labor Standards Law by having its employee work illegally long hours, according to sources.
Japanese currencies lay in a basket at a shop at the Tsukiji fish market in Tokyo on Friday, Dec. 30.