May 21, 2014

Import slowdown narrows trade gap

The trade deficit shrank in April as imports rose the least in 16 months, after the consumption tax hike crimped consumer spending, Finance Ministry data showed on Wednesday. Inbound shipments rose 3.4 percent from a year earlier, the ministry said. Exports increased 5.1 percent, ...

May 21, 2014

Trade deficit narrows on slower imports

The trade deficit narrowed in April as exports grew faster than imports following an increase in the sales tax that is expected to dampen demand for some time. The ¥808.9 billion deficit in April, according to preliminary figures released Wednesday by the Ministry of ...

Mar 19, 2014

Japan logs record trade deficit for month of February

Japan registered a goods trade deficit of ¥800.3 billion in February, a record for the month and up 3.5 percent from a year before, the government said Wednesday, amid growing imports of fossil fuels after the Fukushima nuclear crisis. The trade balance posted the ...

Record trade deficit pressures Abenomics

| Feb 21, 2014

Record trade deficit pressures Abenomics

Japan’s record trade deficit adds to sinking consumer confidence and an April consumption tax increase, threatening to undermine Prime Minister Shinzo Abe’s bid to engineer a sustained recovery. Credit Suisse Group AG on Thursday cut its 2014 economic growth forecast for Japan to 1.6 ...

Nov 29, 2013

Weak yen, costly fuel to fuel record trade deficit

Japan is likely to post a record trade deficit in fiscal 2013 because the weaker yen and soaring demand for energy have driven up the cost of importing fossil fuels, according to a projection by a trade business group. The deficit is expected to ...

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 ...

Japan logged record trade deficit in first half

Jul 24, 2013

Japan logged record trade deficit in first half

Japan registers a ¥4.84 trillion trade deficit for the six months through June, the biggest on record for any six-month period, as the yen's sharp slide boosted import costs despite a rebound in exports.

Trade deficit extends to 10th straight month

May 23, 2013

Trade deficit extends to 10th straight month

Japan on Wednesday posted its worst April trade deficit as a weak yen ramped up import costs and helped extend the run of monthly shortfalls to the longest in over three decades. Data from the Finance Ministry showed the nation incurred a trade deficit ...

Jan 24, 2013

Dollar surges on strong China data

The dollar surged above ¥89 in Tokyo trading Thursday, thanks chiefly to higher stock prices and favorable Chinese economic data. At 5 p.m., the dollar stood at ¥89.26-28, up from ¥88.27-29 at the same time Wednesday. The euro was at $1.3299-3301, against $1.3296-3301, and ...