Business May 26, 2020

Japan still world's top creditor at end of 2019

Japan remained the world's largest creditor at the end of 2019, with the net balance of external assets held by its government, companies and individual investors hitting a record ¥364.53 trillion ($3.40 trillion), the Finance Ministry said Tuesday. The figure, up 6.8 percent from a ...

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 ...