Business Topics

Oct 15, 2016

Conflicting data blurs China's economic outlook

A mixed bag of Chinese economic data this week has unnerved global markets and clouded the outlook for China’s economic growth, days before the release of the country’s quarterly gross domestic product figures. Global markets rose on Friday after official data showed China’s factory ...

Oct 14, 2016

Japan's wholesale prices down for 18th straight month

Japan’s wholesale prices fell for the 18th straight month in September, down 3.2 percent from a year earlier, with a downturn in global oil prices and the yen’s appreciation pushing down import prices, Bank of Japan data showed Friday. The latest data highlighted that ...

Diet approves economic stimulus budget

Oct 11, 2016

Diet approves economic stimulus budget

The Diet has approved a ¥4.11 trillion supplementary budget to stimulate an economy dampened by sluggish growth amid weak consumer demand and business investment. The second supplementary budget for the fiscal year through March was approved Tuesday by the Upper House after clearing the ...

Oct 11, 2016

Japan's current account surplus rose 23% in August on cheap oil

The current account surplus expanded 23.1 percent in August from a year earlier for the third consecutive monthly increase as imports were pushed down by lower crude oil prices and a firmer yen, the government said Tuesday. The surplus came to ¥2.00 trillion, the ...

Oct 7, 2016

Key economic index takes first dip in three months

The coincident index of economic indicators fell for the first time in three months in August, the government said in a preliminary report Friday. The coincident index, which reflects the current state of the economy based on industrial output, retail sales, new job offers ...