Business / Economy Feb 14, 2019
Japan's economy shows modest rebound in October-December quarter
Compared with the previous quarter, the world’s third-largest economy grew a real 0.3 percent, according to preliminary figures from the Cabinet Office.
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Business / Economy Feb 8, 2019
Household spending in Japan inched up 0.1% in December, rising for first time in four months
Households increased their spending for the first time in four months in December, with more expenditure on electric appliances. An extra national holiday in the reporting month compared with a year earlier also played a role. Spending by households with two or more people rose ...
National / Politics | ANALYSIS Feb 6, 2019
Abenomics under heavy fire after dodgy data hid apparent drop in wages across Japan in 2018
by Reiji Yoshida
The government refuses to publicize the average real wage of workers for last year, causing heated debate in the current Diet session and raising questions about the credibility of Abenomics.
Business / Economy Feb 5, 2019
Russia's economy expanded 2.3 percent last year, growing more quickly than the government and the IMF had predicted, according to state statistics published Monday. Russia's growth rate accelerated from 1.6 percent in 2017 and exceeded the economy ministry's prediction of 1.8 percent as well as ...
Business Feb 4, 2019
Lunar New Year holiday to be litmus test of Chinese shoppers' resilience
by Bruce Einhorn and Daniela Wei
China's consumers have cut back on purchases of everything from Apple Inc.'s iPhones to Swiss watches as the trade war with the U.S. hits the economy. Landing just days after hundreds of local companies issued profit warnings and multinationals sounded the alarm about softening demand, ...
Business Feb 1, 2019
Japan's jobless rate fell to 26-year low of 2.4% in 2018 amid labor crunch
The number of unemployed fell by 240,000 to 1.66 million, the ninth consecutive year of decline.
Business / Economy Jan 29, 2019
Japan's economy likely in longest postwar expansion phase, government says, as risks loom
The Cabinet Office cut its monthly assessment of exports for the first time in three months as fallout from the U.S.-China trade war spreads.
Business / Financial Markets Jan 29, 2019
Yen bulls face reckoning as data threaten to add to evidence Japanese economy is slowing
by David Finnerty
Investors growing increasingly bullish on the yen may have to re-examine their outlook if retail sales and industrial production figures due this week add to mounting evidence that the Japanese economy is slowing. The currency — the best performer among its Group of 10 peers ...
Business / Economy Jan 29, 2019
Executives raise global growth alarm on risks from China and trade to Brexit
by Enda Curran and David Goodman
Corporate executives are increasingly nervous about the global economic outlook as they see threats multiplying from China to trade to Brexit. While few see recession looming, louder warnings from semiconductors to logistics signal that waning confidence among businesses and consumers is sapping activity. The more ...
World / Politics Jan 29, 2019
Two years into President Donald Trump's administration, a majority of Americans have lost confidence in the brash real estate magnate's performance on everything from the economy to foreign policy, a poll showed Monday. The ABC News/Washington Post poll was published after Trump suffered a major ...
Business Jan 21, 2019
Fourth-quarter figures drag China's 2018 growth to a 28-year low of 6.6%
China's economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising U.S. tariffs, dragging growth in 2018 to its lowest level in nearly three decades and pressuring Beijing to roll out more stimulus to avert a sharper slowdown. Growing signs of ...
Business / Economy Jan 17, 2019
Yen likely to hit 80 to the dollar in next Japan recession, former BOJ official says
by Toru Fujioka and Masahiro Hidaka
The yen is likely to reach its strongest level against the dollar in more than six years if Japan enters a recession, which could come as early as the fall of this year, a former central bank official has said. "I don't think it will ...