Business Topics

Unemployment fell to 3.4% in March

The seasonally adjusted jobless rate stood at 3.4 percent in March, down 0.1 percentage point from the previous month, improving for the second straight month thanks to a better employment ...

Apr 30, 2015

Industrial output for March dips 0.3%

Factory output fell by a less than expected 0.3 percent in March, preliminary data showed Thursday, but figure was nevertheless weak and underscored the uncertainty of a recovery for the world’s No. 3 economy. The drop in industrial output was caused mainly by sluggish ...

Apr 29, 2015

Putin says Russia over worst of economic downturn

Russian President Vladimir Putin says his country’s economy has weathered the worst of its downturn even though it appears headed for a deep recession. In comments reported Tuesday by state news agency RIA Novosti, Putin said the economy had stabilized after a dramatic drop ...

Europe pushes Greece in bogged-down debt talks

Apr 25, 2015

Europe pushes Greece in bogged-down debt talks

European ministers heaped pressure on Greece on Friday to speed up negotiations to unblock critically needed bailout funds and avert a dangerous default, showing frustration after months of bogged down talks. The eurozone’s 19 finance ministers ended a meeting in Riga without a breakthrough ...

No trade breakthrough likely during Abe's U.S. visit: White House

Apr 25, 2015

No trade breakthrough likely during Abe's U.S. visit: White House

The White House on Friday dashed hopes of a breakthrough on U.S.-Japan trade when President Barack Obama and Prime Minister Shinzo Abe meet in Washington next week, further delaying a major 12-nation Pacific trade pact. “We’re not there yet,” said Caroline Atkinson, Obama’s deputy ...

Trade balance swings to first surplus since 2012

Apr 22, 2015

Trade balance swings to first surplus since 2012

The nation’s exports exceeded imports in March for the first time in almost three years, providing support for an economy struggling with weak domestic spending. The trade surplus was ¥229.3 billion, the Finance Ministry announced Wednesday, soaring above a median estimate of ¥44.6 billion ...