Jan 28, 2017

U.S. economic momentum faces wild card in Trump trade policy

The U.S. economy entered 2017 with a solid head of steam, driven by consumer spending and a pickup in business investment. President Donald Trump could add to that momentum — or kill it, if trade tensions keep flaring. Fourth-quarter figures released Friday showed how ...

Jan 25, 2017

Japan's fiscal 2020 primary budget deficit put at ¥8.3 trillion

Japan is expected to post a primary budget deficit of ¥8.3 trillion in fiscal 2020, even if the nation’s gross domestic product continues 3 percent or higher growth in nominal terms, a Cabinet Office estimate showed Wednesday. The government agency came up with the ...

Japan's third-quarter GDP growth weaker than expected

Dec 8, 2016

Japan's third-quarter GDP growth weaker than expected

Japan’s third-quarter GDP was weaker than expected with a 0.3 percent expansion, revised data showed Thursday, as slack corporate spending held back the world’s No. 3 economy. The latest figures were lower than an initial estimate of 0.5 percent growth in the July to ...

Nov 29, 2016

Export gains to help Japan reach 1% GDP growth in 2017, says OECD

Japan’s economy will grow 1 percent next year before slowing to a 0.8 percent expansion in 2018, the Organization for Economic Co-operation and Development said in its latest global economic outlook. A rebound in international trade will help drive Japan’s export growth higher over ...

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 ...

Sep 15, 2016

Japan ranks second-lowest in education spending among OECD countries

Japan’s public spending on education ranked the second-lowest among 33 comparable countries, a report for 2013 by the Organisation for Economic Co-operation and Development found. Narrowly avoiding a repeat of 2012 when it placed last, the report, released Thursday, found the nation’s ratio of ...