Macron targets French welfare spending as deficit pressure rises
French President Emmanuel Macron's government will tackle social spending in the next wave of its reforms as weaker than expected growth puts pressure on the budget deficit, the prime minister said on Sunday. Prime Minister Edouard Philippe said in an interview in Le Journal du ...
Sharp to cut 3,500 jobs after latest loss
The troubled electronics maker said it will act to create new profit-driving ventures, but that its LCD business is likely to continue to weigh heavily on the company.
Japan logged a current account deficit of ¥507.5 billion in the first half, the biggest for any six-month period on record, government data showed Friday, underscoring its diminishing ability to earn money abroad. It was also the first time since officials started compiling comparable data ...
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 ...
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. The deficit in the balance, one of the widest gauges of international ...
Japan unlikely to achieve debt reduction goal in 2020: Cabinet Office
The government is unlikely to achieve its target of budget deficit reduction in fiscal 2020 even if the sales tax is hiked as scheduled and the economy is on a firm growth path, an estimate by the Cabinet Office showed Thursday. The projection suggests that ...
The Abe administration is considering an ¥8 trillion target for budget-deficit cuts over the next two years as officials debate how to proceed with the planned consumption tax increases that threaten to take the wind out of the economic rebound. The possible target is based ...
