Exports rebound in boost for Abe's policies

Business / Economy Aug 20, 2014

Exports rebound in boost for Abe's policies

Japan's exports rose more than forecast in July, bouncing back from two straight declines to support an economy that contracted last quarter by the most since the period immediately following the Great East Japan Earthquake in March 2011. Overseas shipments rose 3.9 percent from a ...

Business / Economy 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, leaving ...

Toyota looks to log record group operating profit

Business / Corporate Jan 30, 2014

Toyota looks to log record group operating profit

Toyota Motor Corp. is expected to log a record operating profit for the current business year through March aided by the yen's fall, which boosts export competitiveness, sources said. The auto giant's full-year operating profit is likely to reach ¥2.40 trillion or ¥2.50 trillion, eclipsing ...

Business / Economy Jan 14, 2014

Current-account gap widens to record on weak yen

As imports climbed, the nation's current-account deficit widened to a record in November, underscoring challenges for Prime Minister Shinzo Abe as he tries to drive a sustained economic rebound. The ¥592.8 billion shortfall in the widest measure of trade, reported by the Finance Ministry on ...

Editorials Jun 5, 2013

Cheap yen exacts toll on fishing

The cheap yen caused by the Abe administration's economic policy, which is centered on the Bank of Japan's massive monetary easing, has led to price rises on imported items. Fishermen especially are suffering from rises in fuel oil prices. Because wholesalers and volume sellers ...