Jul 1, 2015

Tankan shows unexpected improvement in manufacturer confidence

Sentiment among large manufacturers improved for the first time in three quarters in June, a Bank of Japan survey showed Wednesday, in a positive sign that runs counter to indications of a slowing economic recovery. The Tankan big manufacturer index rose to 15 from ...

Jun 18, 2015

State still on track to miss fiscal 2020 reform goal

The government is still on track to miss a key fiscal rehabilitation goal in fiscal 2020, government sources said Wednesday. The sources said the government is set to leave its projection for missing the goal unchanged in its upcoming medium- to long-term fiscal estimate. ...

GDP revised to annualized 3.9% on surge in capital spending

Jun 8, 2015

GDP revised to annualized 3.9% on surge in capital spending

The economy grew much faster than estimated in the first quarter, bolstering views that Japan is recovering from the first stage of the consumption tax hike last year that caused a brief recession, the government said Monday. In a revision, the Cabinet Office said ...

Jun 1, 2015

Capital investment surges 7.3% in first quarter

by Mie Sakamoto

Capital spending in the January-March quarter rose 7.3 percent on year, chalking up an eighth consecutive expansion as the economy continues to recover, the government said Monday. Business investment by all nonfinancial sectors for such purposes as building plants and installing new equipment totaled ...

May 11, 2015

Medium-term target expected for 2020 fiscal reform goal

The Abe administration plans to set a medium-term target to achieve its key fiscal reform goal in fiscal 2020, aiming to reduce the ratio of the primary deficit to gross domestic product to around 1 percent in fiscal 2018, sources said Monday. The medium-term ...

Mar 23, 2015

British EU exit could hit GDP by 2.2 percent: study

Britain leaving the European Union could result in a permanent loss of 2.2 percent of the country’s gross domestic product by 2030, and the costs would not be offset solely by striking a free trade deal with its former partners, think tank Open Europe ...

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, ...

Feb 28, 2015

India pledges infrastructure spending to help economy 'fly'

India’s finance minister pledged major investment in infrastructure on Saturday, saying it was time for the economy to “fly,” as he unveiled the new right-wing government’s first full budget. Arun Jaitley said his government had inherited an economy dominated by “doom and gloom” when ...