The honeymoon is definitely over. In June, optimism among American CEOs was at a three-year high on hopes that U.S. President Donald Trump would succeed in implementing his pro-growth agenda, including tax cuts. But this week, Trump has lost support from four executives who left an ...
A tricky question has been keeping economists busy of late: Are Japanese consumers finally beginning to loosen their purse strings? As far as recent economic data show, the answer may be yes — at least for now. Private consumption, accounting for nearly 60 percent of ...
Nearly 75 percent of Japan’s biggest companies are optimistic the economy will show improvement by the end of the year, a poll shows.
China's economy expanded faster than expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership changes later this year. The boost to growth was in ...
After Doha said their demands were impossible to meet, Arab states that have cut ties with Qatar began talks in Egypt on Wednesday to discuss their next move in the Persian Gulf diplomatic crisis. Egyptian Foreign Minister Sameh Shoukry welcomed his counterparts from Saudi Arabia, ...
Confidence among Japan’s biggest manufacturers has risen for the third straight quarter to the best level in more than three years.
With inflation still distant from its target, the Bank of Japan left its monetary stimulus program on cruise control, saying improving private consumption will support a growing economy. The policy statement Friday came on the heels of the Federal Reserve's third interest rate increase since ...
A Cabinet Office panel of experts on Thursday effectively confirmed that Japan's current economic expansion continued for a 53rd consecutive month in April, making it the third-longest in the postwar period. The panel, headed by Rissho University Professor Hiroshi Yoshikawa, judged that the economy did ...
Employers across the country are scrambling to find staff, unemployment is at its lowest level in more than two decades and the labor market is tighter than it was during the nation's booming bubble economy years. This should be great news for the world's No. ...
Targeted measures to push Japanese wages and inflation higher should be used instead of deploying additional monetary or fiscal stimulus, according to Takatoshi Ito, an adviser to Prime Minister Shinzo Abe. The tight labor market is bringing long-awaited pay increases to some workers, but the ...
Consumer prices rose again in April due largely to higher energy bills, data showed Friday, underpinning a mixed picture for policymakers' efforts to boost growth amid on-and-off deflation. The country's prospects have been improving on the back of strong exports, with investments linked to the ...
Japan's net external assets rose to their second-highest amount on record at the end of fiscal 2016, driven by rising mergers and acquisitions overseas by firms and portfolio investment, the Finance Ministry said Friday. The net value of assets held by the government, businesses and ...
