Exports rebound in boost for Abe's policies

Aug 20, 2014

Exports rebound in boost for Abe's policies

Japan’s exports rose more than forecast in July, bouncing back from two straight declines to support an economy that contracted last quarter by the most since the period immediately following the Great East Japan Earthquake in March 2011. Overseas shipments rose 3.9 percent from ...

May 2, 2014

Dollar firms around ¥102.50

The dollar was firmer around ¥102.50 in Tokyo trading Friday, supported by dollar purchases that set in as Tokyo stocks cut losses toward the close. At 5 p.m., the dollar was quoted at ¥102.47-48, up from ¥102.19-20 at the same time on Thursday. The ...

Apr 28, 2014

Dollar stuck slightly above ¥102

The dollar was stuck at levels slightly above ¥102 in Tokyo trading Monday for lack of market-moving factors ahead of Golden Week on Tuesday. At 5 p.m., the dollar was quoted at ¥102.20-22, against ¥102.27-28 at the same time on Friday. The euro stood ...

Apr 7, 2014

Dollar easier near ¥103 in Tokyo

The dollar fell to levels slightly above ¥103 in Tokyo Monday, as stock markets in and outside Japan skidded after the announcement of U.S. jobs data on Friday. At 5 p.m., the dollar was quoted at ¥103.11-12, down from ¥103.¥90-90 at the same time ...

Jan 30, 2014

Japan Inc. profit boom masks fading export gains from yen

Soaring profits among Japanese manufacturers are masking weakness in exports as the yen’s slide against the dollar fails to deliver the boost seen after previous bouts of currency depreciation. Export volumes fell 1.5 percent in 2013 from the previous year, Finance Ministry data show, ...

Toyota looks to log record group operating profit

Jan 30, 2014

Toyota looks to log record group operating profit

Toyota Motor Corp. is expected to log a record operating profit for the current business year through March aided by the yen’s fall, which boosts export competitiveness, sources said. The auto giant’s full-year operating profit is likely to reach ¥2.40 trillion or ¥2.50 trillion, ...

Nov 29, 2013

Weak yen, costly fuel to fuel record trade deficit

Japan is likely to post a record trade deficit in fiscal 2013 because the weaker yen and soaring demand for energy have driven up the cost of importing fossil fuels, according to a projection by a trade business group. The deficit is expected to ...