Feb 9, 2015

Current account surplus hit record low in 2014

The current account surplus was the smallest in 2014 since comparable data became available in 1985, with the trade deficit swelling thanks to a surge in gas imports and a weaker yen, government data showed on Monday. The current account surplus, one of the ...

Jan 9, 2015

Japanese visas issued in Shanghai hit record high in 2014

The Japanese Consulate General in Shanghai said it issued a record 874,077 visas in 2014, a 2.4-fold jump from the preceding year. Behind the surge was the sharp increase in Chinese tourists to Japan spurred partly by the weaker yen, consular officials said. The ...

Jan 9, 2015

Economy likely to log 0.5% contraction in real terms

In a reversal, the government now expects the economy to shrink around 0.5 percent in real terms for fiscal 2014, downgrading its July forecast of 1.2 percent growth, sources said Friday. If Japan worsens as projected, its inflation-adjusted gross domestic product will shrink for ...

Japan's traders call 2015 pivotal year as oil, yen aid growth

Jan 6, 2015

Japan's traders call 2015 pivotal year as oil, yen aid growth

Japan’s biggest trading houses are calling 2015 a pivotal year for the world’s third-largest economy as cheap oil, easy money and a weaker yen promise to boost growth. Twenty-five years on from the bursting of the bubble economy, which brought decades of deflation, the ...

Weak yen draws surge in foreign tourists

Jan 6, 2015

Weak yen draws surge in foreign tourists

A weaker yen saw more foreigners hopping flights to Japan during the year-end and New Year holidays, the nation’s two main airlines have said. In the holiday period from Dec. 19 to Sunday, the carriers saw foreign passengers increase by 13 percent from a ...