Business Topics

Jan 25, 2017

Japan's fiscal 2020 primary budget deficit put at ¥8.3 trillion

Japan is expected to post a primary budget deficit of ¥8.3 trillion in fiscal 2020, even if the nation’s gross domestic product continues 3 percent or higher growth in nominal terms, a Cabinet Office estimate showed Wednesday. The government agency came up with the ...

Jan 25, 2017

Japan urged to tap young workforce ahead of 2030: report

Japan should tap the potential of young workers and encourage more people in their 30s and 40s to become chief executive officers, as part of a reform to revitalize the economy toward 2030, a government task force said Wednesday. Amid the graying of its ...

Jan 25, 2017

EU asks China to open markets following free trade support

The European Union ambassador to China welcomed its endorsement of free trade in the face of U.S. President Donald Trump’s promise to restrict imports and appealed to Beijing on Wednesday to make good on that sentiment by lowering its own market barriers. Hans Dietmar ...

Manufacturing surge, labor crunch show U.S. economic health, Fed says

Jan 19, 2017

Manufacturing surge, labor crunch show U.S. economic health, Fed says

A pickup in manufacturing, “widespread” reports of labor shortages and improving business investment set the stage for the Federal Reserve’s December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic ...