Trade deficit extends to 10th straight month

May 23, 2013

Trade deficit extends to 10th straight month

Japan on Wednesday posted its worst April trade deficit as a weak yen ramped up import costs and helped extend the run of monthly shortfalls to the longest in over three decades. Data from the Finance Ministry showed the nation incurred a trade deficit ...

Jan 24, 2013

Dollar surges on strong China data

The dollar surged above ¥89 in Tokyo trading Thursday, thanks chiefly to higher stock prices and favorable Chinese economic data. At 5 p.m., the dollar stood at ¥89.26-28, up from ¥88.27-29 at the same time Wednesday. The euro was at $1.3299-3301, against $1.3296-3301, and ...

'12 trade deficit at record ¥6.9 trillion

Jan 24, 2013

'12 trade deficit at record ¥6.9 trillion

Japan logged a record trade deficit of ¥6.93 trillion last year, up 2.7-fold from 2011, as exports shrank amid the territorial dispute with China and fossil fuel imports soared, the government reports.