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May 05, 2024
 

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CURRENT ACCOUNT 3

EDITORIALS
May 20, 2014
Shrinking current account surplus
Japan's current account surplus for fiscal 2013 falls sharply from the peak reached just six years ago, indicating that the old export-driven model of economic growth may be over.
BUSINESS / Economy
May 12, 2014
Current account surplus fell 81.3% in fiscal 2013 to hit ¥789.9 billion
Japan's current account surplus in fiscal 2013 was the smallest since comparable data became available in fiscal 1985, as soaring fossil fuel imports drove up the nation's trade deficit amid the prolonged halt of nuclear power plants, government data showed Monday.
BUSINESS
Apr 8, 2014
February current account rebounds for first surplus in five months
The nation's current account rebounded into surplus in February from a record deficit the previous month as income from overseas investments outweighed deficits in trade and services.
Japan Times
BUSINESS / Economy
Mar 10, 2014
Current account runs up biggest deficit ever
Japan posted a record current account deficit in January, marking four straight months of red ink for the first time as soaring demand for energy and the weakening of the yen triggered a surge in import costs, the Finance Ministry said Monday in a preliminary report.
Japan Times
BUSINESS
Feb 24, 2014
G-20 looks to press for structural reforms
Japan may be strongly urged by its Group of 20 counterparts to push forward with structural reforms in the near future as fears grow that it will soon become a country with a constant current account deficit.
Japan Times
BUSINESS / Economy / ANALYSIS
Jan 28, 2014
Huge deficit bodes ill for yen, bonds, rates
Japan's goods trade deficit hit a record high in 2013, sparking fears that the country could fall into a constant current account deficit in the near future.
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.
BUSINESS / Economy
Dec 9, 2013
Fuel costs yield deficit in current account
The current account balance logged its first deficit in nine months in October as a surge in fuel imports more than offset increases in exports and direct investment income, government data showed Monday.
BUSINESS / Economy
Oct 8, 2013
Current account surplus tumbles
As the depreciation of the yen and growing demand for energy drove up import costs, the nation's current account surplus in August plunged 63.7 percent from a year earlier to ¥161.5 billion, government data showed Tuesday.
BUSINESS / Economy
Sep 9, 2013
Current account surplus eroded by import costs
Japan's current account surplus shrank 12.9 percent from a year earlier to ¥577.3 billion in July, due mainly to skyrocketing import costs driven by the government's weakening of the yen, government data said Monday.
BUSINESS / Economy
Jul 8, 2013
Japan logs current account surplus for fourth straight month
Japan logged a current account surplus for the fourth consecutive month in May as growth in direct investment income outweighed a trade deficit triggered by a rise in fossil fuel imports, government data showed Monday.
Japan Times
BUSINESS / Economy
Apr 9, 2013
Securities investments buoy current account
Japan logged its first current account surplus in four months in February, with profits from the securities investments income account outweighing the trade deficit, preliminary data showed Monday.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
The 'outsiders' creating some of Japan's greenest spaces
Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.

Podcast

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Longform

Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces
By Stephen Mansfield

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