Friday, February 28, 2014
Japan's recovery is holding steady ahead of a looming sales tax hike, economic indicators showed Friday, though weakness in wages and spending suggest it remains vulnerable to a reversal.
Friday, February 21, 2014
Japan's trade deficit surged to a monthly record of 2.8 trillion yen (US$27.4 billion) in January as imports jumped 25 percent, underscoring the challenge the country faces in restoring export-driven growth.
Wednesday, February 19, 2014
The Bank of Japan on Tuesday held off fresh monetary easing measures but said it would tweak a loans scheme to stimulate borrowing, a move that sent Tokyo shares surging.
Japan's prime minister Shinzo Abe has ticked off the easy items on his to-do list for economic revival.
Tuesday, February 18, 2014
Japan's economy slowed to a crawl in the last quarter of 2013, data showed Monday, exacerbating fears that an April sales tax rise will derail Prime Minister Shinzo Abe's bid to stoke growth after almost two decades of deflation.
Monday, February 17, 2014
Japan's economy grew slower-than-forecast in the last quarter of 2013, clouding the outlook for recovery ahead of a sales tax hike in April.
Japan's unions have started demanding wage hikes from cash-rich firms as annual pay talks get under way, setting up a rare showdown after years of drama-free labor relations.
Wednesday, February 5, 2014
Tokyo stocks plunged 4.18 percent Tuesday after weak U.S. manufacturing data sent Wall Street and the dollar tumbling, with the headline index shedding 14 percent in a month after a huge rally last year.
Tuesday, February 4, 2014
Japan 's biggest bank Mitsubishi UFJ Financial Group said Monday its nine-month net profit soared more than 47 percent to US$7.7 billion as the country's lenders cashed in on a soaring stock market.
Sunday, February 2, 2014
Nearly 70 percent of listed Japanese companies are likely to post sales and profit growth this business year, a sign they are gaining traction after years of deflation, a report said Saturday.