Trade deficit grows to record ¥13.7 trillion

Apr 21, 2014

Trade deficit grows to record ¥13.7 trillion

The trade deficit surged nearly 70 percent to a record ¥13.75 trillion ($134 billion) last fiscal year as exports failed to keep pace with rising energy costs. The Finance Ministry reported Monday that Japan’s exports in the year ended March 31 rose 10.8 percent ...

Farmers bet on steaks twice the price of silver

Apr 3, 2014

Farmers bet on steaks twice the price of silver

by Aya Takada

Hirotaka Sekiguchi dresses his “wagyu” calves in T-shirts and jackets to protect them against the spring chill and an expected avalanche of cheap foreign beef. The 59-year-old Sekiguchi pampers the 320 cattle on his feedlot in the town of Kamisato, Saitama Prefecture, with customized ...

Dec 27, 2013

Oil imports rise 13.3% in month

Crude oil imports in November grew 13.3 percent from a year earlier to 111.65 million barrels, the Agency for Natural Resources and Energy said Friday. Oil from the Middle East accounted for 85.9 percent of the total, up 4.4 percentage points, the agency under ...

Nov 20, 2013

Japan trade deficit widens as imports surge

The trade deficit nearly doubled in October as growth in imports outpaced robust increases in exports to the U.S. and China, the Finance Ministry reported Wednesday. The weakening of the yen over the past year has helped exports, but it has also increased the ...