Business Topics

Jul 12, 2016

Japan's wholesale prices fell 4.2% in June

Wholesale prices fell 4.2 percent in June from a year earlier for a 15th straight month of decline, impacted by falling crude oil and commodity prices, as well as a strong yen, Bank of Japan data showed Tuesday. The index of corporate goods prices ...

Jul 9, 2016

China vows to act with G-20 partners to increase world trade

China will work with its Group of 20 partners to promote global trade growth, Beijing’s commerce minister said Saturday as the world’s top economies met in Shanghai. Global trade is expected to grow at a tepid 2.8 percent in 2016, the World Trade Organization ...

Japan corporate bankruptcies for January-June lowest since 1990

Jul 8, 2016

Japan corporate bankruptcies for January-June lowest since 1990

The number of corporate bankruptcies in Japan and total liabilities left by failed firms hit their lowest level for a first-half year since 1990 during the nation’s bubble economy, Tokyo Shoko Research Ltd. said Friday. The number of failed firms dropped 6.5 percent from ...

Jul 7, 2016

Bank of Japan cuts assessment of two regional economies

The Bank of Japan downgraded its economic assessment of two of the country’s nine regions on Thursday, citing damage caused by the Kyushu earthquakes in April and slowing personal consumption amid falling share prices. The central bank downgraded its assessment of the Chugoku region ...

Jul 6, 2016

Average pay hike won by unions shrinks

The average pay hike won in this year’s shunto annual labor-management negotiations across Japan shrank 0.20 percentage points from the previous year to 2 percent, according to a survey by the Japanese Trade Union Confederation, or Rengo. Even though the margin narrowed amid uncertainty ...

BOJ to discuss cutting inflation forecasts after dismal data

Jul 4, 2016

BOJ to discuss cutting inflation forecasts after dismal data

In light of recent dismal data on prices, the Bank of Japan is expected to discuss cutting its inflation forecasts at its next monetary policy meeting, scheduled for July 28 and 29. The central bank will possibly lower its inflation projection for this fiscal ...

Jul 4, 2016

Japan's monetary base hits new high in June

Japan’s monetary base rose to a record high in June for the seventh straight month, as the Bank of Japan continued to provide more liquidity to bolster inflation, BOJ data showed Monday. The monetary base at the end of the month stood at ¥403.94 ...