Business / Economy Mar 23, 2016

Japan cuts economic assessment on weak consumer, business sentiment

The government on Wednesday downgraded its basic assessment of the national economy, citing weakening consumer and corporate sentiment due to turbulence in global financial markets and a slowdown in emerging economies. The world's third-largest economy is "on a moderate recovery, while weakness can be seen ...

Core machinery orders down 7.9% in June

Business / Economy Aug 13, 2015

Core machinery orders down 7.9% in June

Core private-sector machinery orders fell a seasonally adjusted 7.9 percent in June from the previous month, for the first decline in four months, the government said Thursday. The fall signaled a possible dent in corporate investment demand. The value of orders, widely regarded as a ...

Economy rated as 'recovering'

Business / Economy Jan 17, 2014

Economy rated as 'recovering'

The government on Friday revised upward its basic assessment of the economy, describing it as "recovering" for the first time in six years, on the back of robust consumer spending ahead of the sales tax hike in April and improvement in business investment. "The Japanese ...

Business / Economy Jan 16, 2014

Economy due for 'specific' upgrade

The government is likely to upgrade its basic assessment of the economy for the first time in four months on the back of robust consumption and a recovery in business investment, sources said Thursday. Prime Minister Shinzo Abe's government plans to describe the current economic ...

Business / Economy Sep 13, 2013

Basic economic assessment raised

The economy's performance in September was revised upward Friday for the first time in two months as the government saw companies beefing up investment on expectations for the stimulus-driven recovery to accelerate. The world's third-biggest economy "is on the way to recovery at a moderate ...