Japan logs trade deficit for fifth month in August

Business / Economy Sep 17, 2015

Japan logs trade deficit for fifth month in August

The nation posted a goods trade deficit for the fifth straight month in August, the government said Thursday, partly reflecting a drop in exports to China amid a slowdown in the world's second-largest economy. The deficit in value terms shrank 40.2 percent from a year ...

Business / Economy Aug 8, 2014

Japan logs largest six-month current account deficit ever

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 ...

Warm January sees Japan flooding Asia with kerosene exports

Business / Economy Feb 27, 2014

Warm January sees Japan flooding Asia with kerosene exports

The mildest winter in four years is prompting Japan to export its biggest volume of kerosene in a quarter century, squeezing profits for Asian refiners while cutting fuel expenses for airlines. Japan has shipped enough of the transportation and heating fuel since December to fill ...

National Dec 28, 2013

Nuclear pact talks to start with Saudis

The Abe administration will launch talks with Saudi Arabia next spring to conclude a nuclear power pact and allow Japanese businesses to export atomic-related infrastructure to the oil-rich nation. Prime Minister Shinzo Abe, who sees such exports as a key component for economic growth, agreed ...

Business / Economy Nov 29, 2013

Weak yen, costly fuel to fuel record trade deficit

Japan is likely to post a record trade deficit in fiscal 2013 because the weaker yen and soaring demand for energy have driven up the cost of importing fossil fuels, according to a projection by a trade business group. The deficit is expected to expand ...

Eight carmakers' domestic output up again

Business / Corporate Nov 29, 2013

Eight carmakers' domestic output up again

The combined domestic output of the eight major automakers rose 9.9 percent in October from a year earlier for the second straight month of increase, data released by the firms show. The figures were helped by robust demand in North America and a recovery from ...