Hermes reports strong sales growth, revenue up 27% in Japan

Jul 22, 2015

Hermes reports strong sales growth, revenue up 27% in Japan

Luxury goods maker Hermes International SCA reported a 22 percent increase in second-quarter sales, led by accelerating growth in Japan. Revenue rose to 1.17 billion euros (¥158 billion), Paris-based Hermes said in a statement Tuesday, about meeting the median of 14 estimates compiled by ...

Jul 10, 2015

IMF cuts 2015 growth projection for world, Japan

The International Monetary Fund slashed its 2015 growth projections on Thursday for the world due to a setback for the U.S. economy as well as Japan, citing continuously weak consumption. The global economy is expected to expand 3.3 percent this year in terms of ...

Jun 30, 2015

For Japan, lesson from Greek crisis is to keep on spending

As one of the most indebted countries in the developed world, the crisis unfolding in Greece is causing a moment of self-reflection for Japan. But policymakers and economic advisers in Japan are not drawing an uncomfortable lesson about the need for fiscal discipline. Instead ...

Jun 10, 2015

April core machinery orders up 3.8% on month

Japan’s core private-sector machinery orders rose a seasonally adjusted 3.8 percent in April from the previous month for the second straight monthly gain, the government said Wednesday. The figures suggest a rise in corporate investment against a background of economic recovery. The value of ...