Aug 19, 2015

Trade deficit widens to ¥268.1 billion as export growth slows

The nation’s trade deficit widened to its largest level in five months in July, as exports slowed thanks to faltering demand in China and other key markets. Imports fell by less than forecast. The ¥268.1 billion deficit reported Wednesday compared with a deficit of ...

Domestic firms concerned about slumping consumption

Aug 18, 2015

Domestic firms concerned about slumping consumption

Domestic companies are becoming increasingly concerned about the slump in private consumption that was confirmed in weak April-June gross domestic product data, although corporate earnings in the period turned out to be strong thanks to the yen’s depreciation and falling crude oil prices. The ...

Stocks slump as China weakens yuan for second day

Aug 12, 2015

Stocks slump as China weakens yuan for second day

Japanese stocks fell the most in a month as China devalued its currency for a second day, heightening concern growth may slow in the world’s second-largest economy and dampening the outlook for Japanese exporters. Koito Manufacturing Co., which relies on China for about a ...

| Aug 6, 2015

Dollar firmer around ¥124.90 in Tokyo

The dollar was firmer around ¥124.90 in late Tokyo trading on Thursday, but its topside was capped by a wait-and-see mood before Friday’s release of the closely watched U.S. government jobs report for July. At 5 p.m., the dollar was ¥124.88-89, up from ¥124.40-40 ...

| Aug 5, 2015

Dollar solid around ¥124.40 in Tokyo

The dollar stayed firm around ¥124.40 in Tokyo trading on Wednesday, boosted by overnight remarks by a top U.S. Federal Reserve official who voiced support for an interest rate increase in September. At 5 p.m., the dollar stood at ¥124.40-40, up from ¥123.85-86 at ...

Aug 5, 2015

Corporate earnings in Japan outshine rest of Asia amid weak yen

Japan is emerging as the star of Asia’s latest earnings season, with most companies reporting higher-than-expected profit growth as businesses continue to benefit from Prime Minister Shinzo Abe’s economic policies. Earnings per share, excluding some items, at 159 companies on Japan’s Topix index have ...

Aug 4, 2015

Major Japanese firms post robust profit growth in April-June

Major Japanese firms posted robust year-on-year profit rises in the April-June quarter due to the yen’s decline, an oil price plunge and fading adverse effects of the consumption tax hike in April 2014, according to data compiled by a major brokerage. The combined pretax ...