Business / Economy Jun 14, 2013

Economy assessment upgraded despite chaos

The government on Thursday upgraded its basic assessment of the economy for the second straight month in June as the weaker yen has helped exports and despite growing uncertainties over the economic outlook due to recent financial market turmoil. The economy is "picking up steadily," ...

Economic assessment raised as weak yen fuels exports

Business / Economy May 21, 2013

Economic assessment raised as weak yen fuels exports

The government on Monday upgraded the economy for the first time in two months by deleting the word "weak" from its description to reflect the effect the "Abenomics"-weakened yen is having on exports and production. The economy "is picking up slowly," the Cabinet Office said ...

Business / Economy Apr 13, 2013

Economy's assessment not raised for April

The government on Friday left its monthly assessment of the economy unchanged for the first time in four months, with consumption and housing investment perking up but capital spending showing little movement. The economy "is showing indications of picking up recently, while weakness can be ...