Business Topics

Jan 15, 2016

Japan's national wealth up for second straight year in 2014

Japan’s national wealth at the end of 2014 totaled ¥3.11 quadrillion, up 2.0 percent from the year before and increasing for the second straight year, the Cabinet Office said Friday. The growth in national wealth, or net assets owned by the country’s central and ...

Jan 14, 2016

Japan machinery orders fell 14% in November, investment outlook dims

Core private-sector machinery orders plunged a seasonally adjusted 14.4 percent in November from the previous month for the first drop in three months, the government said Thursday. The trend reflects continued caution by firms over making capital investments. The orders, widely regarded as a ...

Japan can endure yen's gains, says Kuroda's former deputy

Jan 13, 2016

Japan can endure yen's gains, says Kuroda's former deputy

While Japan has breathing space before the yen’s gains become a serious problem for the economy, policymakers are unlikely to stand by should it climb too fast or if key inflation measures slump, according to Takatoshi Ito, a former colleague of central bank chief ...

Jan 12, 2016

Economic sentiment improves in December on brisk holiday sales

Business confidence among people with jobs sensitive to economic conditions improved in December, the government said Tuesday. Confidence fell in November but a year-end uptick took place amid brisk sales at Christmas and New Year’s. The diffusion index of sentiment on the country’s current ...

Jan 12, 2016

Japan posts 17th straight current-account surplus in November

The nation posted a current account surplus for the 17th consecutive month in November, providing support for Prime Minister Shinzo Abe’s efforts to boost the world’s third-largest economy. The excess in the widest measure of the nation’s trade was ¥1.14 trillion in November, up ...

Japan policymakers fearful of constantly dodgy data

Jan 9, 2016

Japan policymakers fearful of constantly dodgy data

Prime Minister Shigeru Yoshida joked almost 70 years ago that if Japan had kept better data, it might never have started a war with the U.S. His grandson, Finance Minister Taro Aso, worries about flawed statistics that could mislead economic policymakers today. While Japan ...

Jan 9, 2016

U.S. employers hire at robust pace, defying global trends

The U.S. economy is motoring ahead despite slowing global growth that caused upheavals in financial markets around the world this week. Employers added a robust 292,000 jobs last month, and the unemployment rate stayed low at 5 percent, the Labor Department said Friday. Job ...

Jan 8, 2016

Japan's real wages fell in November for first drop in five months

Japan’s real wages decreased for the first time in five months in November as a decline in special pay, including bonuses, kept overall wages from rising as fast as consumer prices, the government said Friday. Average inflation-adjusted wages fell 0.4 percent from the same ...