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Aso wary of inking bilateral trade deal with U.S.

/ Apr 22, 2017

Aso wary of inking bilateral trade deal with U.S.

Finance Minister Taro Aso on Friday sounded a cautious note about the potential benefits of striking a bilateral trade deal with the United States, saying it would not necessarily give Washington better terms than the multilateral Trans-Pacific Partnership accord, from which it recently withdrew.“There ...

/ Apr 18, 2017

IMF raises Japan growth forecast to 1.2% this year, 0.6% in 2018

The International Monetary Fund Tuesday raised its growth forecast for Japan’s economy this year and next, citing a pickup in exports, but warned that a shrinking labor force and below-forecast inflation would curb longer-term growth.The IMF upgraded its forecast for the world’s third-largest economy ...

February core machinery orders gain 1.5% on month

/ Apr 12, 2017

February core machinery orders gain 1.5% on month

Core private-sector machinery orders rose a seasonally adjusted 1.5 percent in February from the previous month, boosted by robust demand for equipment in the manufacturing sector, government data showed Wednesday.The orders came to ¥850.5 billion ($7.8 billion). These figures exclude orders from ships and ...

/ Apr 10, 2017

Worker sentiment index falls for third straight month

Business confidence among Japanese workers with jobs sensitive to the health of the country’s economy fell in March for the third consecutive month, due partly to a deteriorating retail environment, the government said Monday.The seasonally adjusted index of sentiment among workers sensitive to economic ...