The jobless rate rose for the first time in almost a year in June, while the ratio of job offers to seekers hit a 22-year high, official data showed Tuesday. The unemployment rate edged up to 3.7 percent in June from 3.5 percent the month before, the internal affairs ministry ...
Japan could be flirting with recession after the weakest factory output since 2011, which, following a surprising fall in exports ...
The International Monetary Fund has presented a worst-case combination of risks that could shave Japan’s real gross domestic product growth ...
Industrial output fell the most since the March 2011 disasters, government data showed Wednesday, highlighting the widening impact to the economy of the April 1 consumption tax increase. Industrial output dropped 3.3 percent in June from May, the Ministry of Economy, Trade and Industry ...
Bank of Japan policymakers were divided in 2004 on whether to follow a policy of further monetary easing despite signs of economic recovery, according to minutes released Wednesday. The bank expanded its quantitative easing at the policy meeting held Jan. 19 to 20, 2004, ...
The average consumption spending by households fell 3 percent in June compared with a year earlier, in price-adjusted real terms, due to sagging demand after the consumption tax hike on April 1, the Internal Affairs and Communications Ministry said Tuesday. The reading compared with ...
Prime Minister Shinzo Abe clinches energy and infrastructure deals with Mexican President Enrique Pena Nieto as he kicks off a five-nation tour of Latin America.
The government intends to loosen restrictions on pork imports from Mexico, officials said Thursday. Imports of Mexican pork are currently limited to meat from six states in the country, following an outbreak of hog cholera there in 2000. In response to a request from ...
Japan’s inflation slowed in June, highlighting the task Bank of Japan Gov. Haruhiko Kuroda faces in reaching his 2 percent target. Consumer prices excluding fresh food but not energy rose 3.3 percent from a year earlier after a 3.4 percent gain in May, the ...
Prime Minister Shinzo Abe’s Cabinet on Friday approved guidelines for compiling the fiscal 2015 budget and said it aimed to improve the economy and restore Japan’s fiscal health — the worst among the major industrialized countries. An estimate released earlier in the day, however, ...
Japan is closer to conquering chronic deflation with monetary policy working as hoped, Bank of Japan Deputy Gov. Hiroshi Nakaso said Wednesday. “Japan’s economy is likely to achieve an inflation rate of about 2 percent in or around fiscal 2015, and thereafter gradually shift ...
Imports of bottled wine from Chile are surging, thanks in part to a bilateral economic partnership agreement that has lowered the import tariff. Chilean wine was second in annual imports in Japan in 2013 on a country-by-country basis, beating Italian wine. This year, Chilean ...
The government on Tuesday cut its forecast for economic growth in fiscal 2014 to 1.2 percent from 1.4 percent in real terms amid lingering fears that the April 1 consumption tax hike — the first in 17 years — may continue to weigh on ...
The Financial Services Agency plans to integrate its inspection and supervisory policies to strengthen its oversight of banks, insurance firms and other financial institutions, according to informed sources. The agency will disclose the new policy by September, the sources said Monday. FSA officials in ...
Empowering elderly people in Japan’s aging society is the key to reviving and sustaining economic growth in the world’s third-largest economy, according to the head of a think tank unit of the Asian Development Bank. “Demography is the biggest problem for Japanese recovery,” Naoyuki ...
