Apr 14, 2015

IMF raises Japan's growth forecast to 1% for 2015

The International Monetary Fund said Tuesday it nudged up its economic growth projection for Japan in 2015 by 0.4 point to 1.0 percent in real terms, mainly thanks to the yen’s weakness and lower crude oil prices. Japan’s economy is expected to pick up ...

| Apr 9, 2015

Dollar firms above ¥120 line in Tokyo

The dollar was firmer above ¥120 in Tokyo trading Thursday, after the minutes of the U.S. Federal Reserve’s March policy-setting meeting strengthened the prospect of the Fed starting raising interest rates at some point this year. At 5 p.m., the dollar stood at ¥120.27-27, ...

Apr 6, 2015

Japanese overseas M&As hit record levels in fiscal 2014

Japanese companies’ mergers and acquisitions overseas hit record levels both in number and value in fiscal 2014, which ended Tuesday, M&A consulting firm Recof Corp. said. Despite the yen’s weakness, which makes Japanese overseas acquisitions expensive, companies rich in cash due to improved earnings ...

| Apr 6, 2015

Dollar fall pauses around ¥119

The dollar moved tightly around ¥119 in Tokyo trading Monday, taking a breather from a nearly ¥1 dive overseas in the wake of a disappointing U.S. jobs report Friday. At 5 p.m., the dollar was at ¥118.98-99, down from ¥119.63-64 the same time Friday. ...

Feb 9, 2015

Current account surplus hit record low in 2014

The current account surplus was the smallest in 2014 since comparable data became available in 1985, with the trade deficit swelling thanks to a surge in gas imports and a weaker yen, government data showed on Monday. The current account surplus, one of the ...