Japan logged goods trade deficit of ¥1.31 trillion in January

Business / Economy Feb 19, 2020

Japan logged goods trade deficit of ¥1.31 trillion in January

Japan posted a goods trade deficit for the third consecutive month in January, hit by weak exports to China and the United States, government data showed Wednesday. The trade deficit stood at ¥1.31 trillion ($12 billion), following an upwardly revised ¥154.55 billion deficit in December, ...

Japan 2019 current account surplus up, services see first black ink

Business Feb 10, 2020

Japan 2019 current account surplus up, services see first black ink

The current account surplus in 2019 grew 4.4 percent to ¥20.06 trillion ($183 billion) from the previous year, helped by the first-ever black ink in services trade on increased consumption by foreign tourists, government data showed Monday. The surplus in the current account, one of ...

Business / Economy Feb 8, 2020

Government figures raise concerns over Japan's economy

Data released by the government Friday raised concerns that the country's economy may have entered a recessionary phase after a period of growth since December 2012. The composite index of coincident economic indicators is "worsening," the Cabinet Office said after reporting that the index was ...

Business / Economy Jan 31, 2020

U.S. growth held steady at 2.1% rate in October to December

The U.S. economy expanded at an annualized real 2.1 percent in the October to December period, unchanged from the preceding quarter, the Commerce Department said Thursday. The growth in terms of inflation-adjusted gross domestic product was in line with the average market forecast. In 2019, the ...