Business / Economy Jun 8, 2016

Japan logs current account surplus for 22nd consecutive month

Japan posted a current account surplus for the 22nd consecutive month in April, the government said Wednesday, as declining crude oil prices reduced imports and rising numbers of foreign tourists pushed up a travel surplus. The current account surplus expanded 41.7 percent from a year ...

Current account surplus doubled last year on cheap oil

Business / Economy May 12, 2016

Current account surplus doubled last year on cheap oil

The nation's current account surplus doubled in fiscal 2015 from the previous year to ¥17.98 trillion, buoyed by lower crude oil prices and a surge in travel surplus on the back of a growing number of foreign tourists, the government said Thursday. Cheap crude oil ...

Business / Economy Jan 12, 2016

Japan posts 17th straight current-account surplus in November

The nation posted a current account surplus for the 17th consecutive month in November, providing support for Prime Minister Shinzo Abe's efforts to boost the world's third-largest economy. The excess in the widest measure of the nation's trade was ¥1.14 trillion in November, up from ...