Business Topics

Japan current account balance back in black

Sep 8, 2014

Japan current account balance back in black

The nation’s current account balance was in the black for the first time in two months in July, hitting ¥416.7 billion as the income from foreign investments rose to a record high for the month, outweighing the trade deficit, the government said Monday. Imports ...

Sep 8, 2014

Business confidence fell in August as downpours hit nation

Business confidence among workers sensitive to economic trends fell in August for the first time in four months as prolonged rain and typhoons discouraged consumers from spending. The diffusion index of responses to the government’s survey of “economy watchers” such as taxi drivers and ...

Sep 6, 2014

In talks Japan and U.S. remain apart over TPP-related auto trade

Japan and the United States remained apart Friday over the issue of whether Japan can allow U.S. automakers more access to the domestic market under an envisioned Pacific free trade deal, a Japanese official said. “We made some progress but reached no new agreement,” ...

U.S. job growth drops to 142,000, slowest in eight months

Sep 6, 2014

U.S. job growth drops to 142,000, slowest in eight months

A surprising drop in hiring and in the number of people seeking work in August sent a reminder that the U.S. economic recovery is still prone to temporary slowdowns. Employers added just 142,000 jobs last month, well below the 212,000 average of the previous ...

Sep 4, 2014

BOJ keeps easing in place as headwinds against inflation grow

The Bank of Japan kept its record stimulus unchanged Thursday as Gov. Haruhiko Kuroda looks to keep stoking inflation and boost economic momentum that’s been sapped by a higher sales tax. The bank kept its pledge to increase the monetary base at an annual ...

Suntory, Keidanren chiefs to be tapped for top economic panel

Sep 3, 2014

Suntory, Keidanren chiefs to be tapped for top economic panel

The government plans to appoint incoming Suntory Holdings Ltd. President Takeshi Niinami and Sadayuki Sakakibara, chairman of Keidanren (Japan Business Federation), as private-sector members of the Council on Economic and Fiscal Policy, sources said Wednesday. The revamp of the key panel, chaired by Prime ...