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 ...

Mar 16, 2015

Japan launches initiative to boost rice exports to Singapore

A rice export association has launched an initiative to sell more rice to Singapore, taking advantage of the wealthy city-state’s appetite for Japanese cuisine. The program, titled “This is Japan Quality,” was developed by the Japan Rice and Rice Industry Export Promotion Association in ...

Mar 9, 2015

Japan logs current account surplus for seventh month straight

Led by higher exports amid a weaker yen and lower oil imports, Japan logged a current account surplus for the seventh consecutive month in January, with the balance standing at ¥61.4 billion, ($509 million), the government said Monday in a preliminary report. The balance, ...

| Jan 29, 2015

Carmakers face rosy quarter as commodity prices slump

Toyota Motor Corp. and Nissan Motor Co. are benefiting from a decline in the price of commodities like steel and rubber, which will make it cheaper to produce cars and give an extra boost to profits. Seven analysts who cover the industry said in ...

Jan 6, 2015

China replaces rare earth quotas with export permits

China has instituted a system of export permits for rare earth metals, used in high-tech goods such as mobile phones, the government said, with state-run media describing the move as an abolition of export quotas. China accounts for over 90 percent of global production ...

Imports declined in November on plunging crude oil prices

Dec 17, 2014

Imports declined in November on plunging crude oil prices

Imports dropped 1.7 percent in November from the year before to ¥7.08 trillion, declining for the first time in three months as crude oil prices plunged across the globe, government data showed Wednesday. The balance in goods trade remained in the red for the ...

Sagging yen saps South Korean export muscle

| Nov 23, 2014

Sagging yen saps South Korean export muscle


As Japan slips into recession, South Korea is keeping an increasingly wary eye on its export rival’s free-falling currency, which is honing a lasting competitive edge over Korean products in a number of key markets. The massive fiscal stimulus and flood of easy money ...