Sep 4, 2015

Japanese wages post 0.6% rise, steepest in a decade

Regular wages increased in July by the most in nearly 10 years, aiding Prime Minister Shinzo Abe’s efforts to reflate the world’s third-biggest economy. Base pay climbed 0.6 percent from a year earlier, the biggest increase since November 2005, the labor ministry said on ...

Japan factory output down in July as China demand slumps

Aug 31, 2015

Japan factory output down in July as China demand slumps

Japan’s factory output contracted a worse than expected 0.6 percent on-month in July, official data showed on Monday, owing to lackluster demand at home and as a slowdown in China weighs on exports. The reading published by the industry ministry was weaker than the ...

July job availability best in over 23 years

Aug 28, 2015

July job availability best in over 23 years

Job availability across the country improved to its highest level in over 23 years and the unemployment rate fell to 3.3 percent in July, the government said Friday, signaling that companies are willing to hire more workers. The ratio of job offers to seekers ...

Aug 19, 2015

Economy appears far from robust

The latest GDP data for the second quarter of this year confirms the underlying weakness of consumer demand and the seemingly limited scope of the benefits of 'Abenomics.'

Aug 19, 2015

Abe aide says Japan needs up to ¥3.5 trillion economic injection

Japan needs an economic injection of as much as ¥3.5 trillion ($28 billion) to shore up consumption and stave off further economic contraction, said Etsuro Honda, an economic adviser to Prime Minister Shinzo Abe. “Households feel their income has been reduced,” Honda, 60, said ...

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 ...