Japan's June core machinery orders log first rise in three months

Aug 10, 2016

Japan's June core machinery orders log first rise in three months

Japan’s core private-sector machinery orders rose a seasonally adjusted 8.3 percent in June from May, rebounding from two straight month of decline, the government said Wednesday, led by large orders for transport equipment including rail cars. The orders, widely viewed as a leading indicator ...

| Aug 5, 2016

Abe's latest team faces familiar but daunting task

The biggest economic challenge facing Prime Minister Shinzo Abe’s new Cabinet is all too familiar: how to put the economy on the path to private sector-led growth and overcome deflation. “The government and the Bank of Japan will work in a unified manner to ...

Aug 5, 2016

Major firms plan 10.9% boost in domestic capital spending

Major firms plan to increase domestic capital expenditures by 10.9 percent to ¥17.513 trillion in fiscal 2016, a recent survey says. In what would be the fifth consecutive annual increase, the survey by the Development Bank of Japan found that firms are looking to ...

Quarterly GDP is revised up, showing 1.9% growth

Jun 8, 2016

Quarterly GDP is revised up, showing 1.9% growth

The economy grew slightly more than initially reported for the first quarter, helped by a fractional revision in private consumption and business investment that dropped less than first thought. Gross domestic product expanded by an annualized 1.9 percent in the three months ended March ...

Jun 1, 2016

Business investment rose 4.2% in first quarter

Capital spending by Japanese firms climbed 4.2 percent in the January to March period from a year earlier for the 12th straight quarterly increase, but declining profits dampened prospects for business expenditure, government data showed Wednesday. Business investment by all nonfinancial sectors for purposes ...

Japan's Abe exploring delicate timing of tax hike decision

| May 24, 2016

Japan's Abe exploring delicate timing of tax hike decision

As this summer’s Upper House election draws near, Prime Minister Shinzo Abe faces the difficult problem of when to make the final decision on a planned consumption tax increase. Speculation is growing that Abe will again postpone the consumption tax hike, currently planned for ...

May 18, 2016

Economic growth remains fragile

The nation’s economy has escaped a back-to-back quarterly decline, as shown by the preliminary data for the January-March period — which has been closely watched as a possible clue to whether Prime Minister Shinzo Abe will go ahead with the consumption tax hike in ...