Business Topics

Machinery orders rise for second month straight

Sep 12, 2016

Machinery orders rise for second month straight

Core private-sector machinery orders gained for the second month in a row in July, prompting the government on Monday to upgrade its basic assessment of the key indicator for the first time in nine months. The orders, widely taken as a leading indicator of ...

GDP revised upward to 0.7% for April-June quarter

Sep 8, 2016

GDP revised upward to 0.7% for April-June quarter

Japan’s economy expanded at a better-than-estimated 0.7 percent annualized pace in the April-June quarter, according to revised data showing private demand was stronger than earlier reported. An earlier estimate put annualized growth in the quarter at 0.2 percent. The economy grew at a 2.1 ...

Slower U.S. payroll growth dims September Fed rate hike prospects

Sep 3, 2016

Slower U.S. payroll growth dims September Fed rate hike prospects

U.S. employment growth slowed more than expected in August after two straight months of robust gains, and wages were tepid, which could effectively rule out an interest rate increase from the Federal Reserve this month. Nonfarm payrolls rose by 151,000 jobs last month after ...

LDP group to reassess how GDP is compiled

Sep 2, 2016

LDP group to reassess how GDP is compiled

The ruling Liberal Democratic Party will form a group by the end of the month to examine how to best collect and compile economic statistics that are used in key measures including gross domestic product, party lawmaker Yoshimasa Hayashi said. Hayashi, 55, added that ...

Business investment rose 3.1% in first quarter

Sep 1, 2016

Business investment rose 3.1% in first quarter

Capital spending by the nation’s companies increased 3.1 percent in the April to June period from a year earlier, the 13th straight quarterly rise, as a firming yen continued to hurt corporate profits, government data showed Thursday. Business investment by all nonfinancial sectors for ...

Aug 31, 2016

Canada snubs U.S. in seeking to join China-led AIIB

Canada will apply to join the China-backed Asian Infrastructure Investment Bank, Ottawa’s finance department said Wednesday, in a coup for Beijing after Washington tried to dissuade its allies from signing up. “Canada is always looking for ways to create hope and opportunity for our ...