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May 13, 2024
 

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GDP

Chinese Premier Li Qiang arrives on stage during the annual meeting of the World Economic Forum in Davos, Switzerland, on Tuesday. 2024.
BUSINESS / Economy
Jan 17, 2024
China sees one of its worst years of growth since 1990 as recovery stalls
China's National Bureau of Statistics revealed that gross domestic product expanded 5.2% to hit 126 trillion yuan ($17.6 trillion) last year.
A man rides a scooter over a bridge across from the Lujiazui financial district in Shanghai on Jan. 9.
BUSINESS / Economy
Jan 16, 2024
China set to reach 2023 growth goal as focus shifts to new year
The figures for GDP, industrial production and retail sales are likely to show improvements from the same period in 2022, helped by a low base of comparison.
Japan's real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
BUSINESS / Economy
Dec 21, 2023
Japanese government lifts economic growth estimates
The real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
Japan’s economic recovery from the pandemic is losing momentum as overseas economies slow and sticky inflation weighs on domestic consumption.
BUSINESS / Economy
Dec 8, 2023
Japan’s deepest economic contraction since pandemic clouds path for BOJ
Gross domestic product contracted at an annualized 2.9% in the three months through September from the previous quarter as households reined in spending.
Japan's economy shrank 2.1% in the July-September period from the previous quarter on an annualized basis, suggesting that its economic recovery remains patchy.
BUSINESS / Economy
Nov 15, 2023
Japan’s economy shrinks, backing BOJ and government's stimulus case
Gross domestic product contracted at an annualized pace of 2.1% in the third quarter, deeper than economists’ estimate of a 0.4% shrinkage.
Economists estimate Japan's real gross domestic product shrank at an annualized 0.4% in the three months through September.
BUSINESS / Economy
Nov 14, 2023
Japan’s economy likely shrank in summer as recovery sputters
Economists estimate that real gross domestic product shrank at an annualized pace of 0.4% in the three months through September.
Japan's economy grew less than initially estimated in the second quarter as capital expenditure slid, suggesting heightening overseas uncertainties are weighing on business confidence.
BUSINESS / Economy
Sep 8, 2023
Japan economic growth revised down as firms and consumers cut back
Gross domestic product grew at an annualized 4.8% from the previous three months, revised figures from the Cabinet Office showed Friday.
Japanese companies raised spending on plants and equipment in the April-June quarter but the pace of annual gains slowed to the lowest in five quarters, reflecting global recession worries amid China's slowing growth.
BUSINESS / Economy
Sep 1, 2023
Japan firms cut capital spending over global growth concerns
The latest figures feed into a picture of Japan’s growth being overly reliant on overseas demand.
Japan’s economy has expanded at a much faster pace than forecast, despite weak domestic consumption.
BUSINESS / Economy
Aug 15, 2023
Japan’s GDP grows at 6% on strong exports as consumption falters
Capital spending by businesses was flat, versus forecasts of a 0.4% increase, while private consumption unexpectedly declined by 0.5%.
People board a shinkansen at Tokyo Station on Friday
BUSINESS / Economy
Aug 11, 2023
Holidaymakers to boost spending as Japan growth at tipping point
It is a mixed bag for Japan as everyday goods have become much pricier, but pent-up demand has aided private consumption.
A new high-rise is erected in Beijing in October 2021. The same year, 41% of the assets in China’s banking system were accounted for by property-related loans and credit.
COMMENTARY / World
Aug 1, 2023
Is Japan’s economic past China’s future?
China is facing a long period of low growth similar to Japan’s experience since the 1990s.
Prime Minister Fumio Kishida speaks at a meeting of the government's Council on Economic and Fiscal Policy at the Prime Minister's Office in Tokyo Tuesday.
NEWS Web
Jul 25, 2023
Japan expects smaller deficit in fiscal 2025, but primary balance goal unmet
The updated estimate, based on a more optimistic economic growth scenario, still underscores the daunting challenge of restoring the country's fiscal health.
Prime Minister Fumio Kishida speaks at a meeting of the government's top economic council on Thursday.
BUSINESS / Economy
Jul 20, 2023
Japan cuts growth forecast and projects inflation over 2% BOJ target
The estimates come ahead of a Bank of Japan policy meeting next week, set to be closely watched amid market expectations the bank will soon phase out its massive stimulus program.
Japan Times
BUSINESS
Jul 17, 2023
China’s economic recovery loses steam as GDP disappoints
GDP expanded 6.3% in the second quarter from a year prior, data released by the National Bureau of Statistics showed Monday, weaker than the median forecast of 7.1%.
Japan Times
BUSINESS / Economy
Jun 8, 2023
Japan’s economy grows faster than expected amid strong investment
GDP grew at an annualized 2.7% in the January-March quarter from the previous three months, revised figures showed.
Japan Times
BUSINESS / Economy
Jun 1, 2023
Japanese firms ramp up capital spending in positive recovery sign
Japanese firms raised capital expenditure by 11.0% in the January-March period from the same period a year earlier, posting an eighth straight quarter of gains.
Japan Times
COMMENTARY / World
May 29, 2023
The road back to growth in China after COVID-19
Barring a “black swan” event, China can achieve 6% GDP growth this year, thereby ending a 12-year slowdown.
Japan Times
EDITORIALS
May 26, 2023
Inexplicable debt debate undermines U.S. power and status
The U.S. secretary of the Treasury says the American government will hit the current debt ceiling on June 1. If it is not lifted, it will run out of money and be unable to pay its bills.
Japan Times
BUSINESS
May 17, 2023
Japan’s better-than-expected growth keeps early poll on table
The stronger-than-forecast reading may keep speculation simmering of a possible early election and changes to central bank policy.
Japan Times
COMMENTARY / World
Apr 30, 2023
China’s abandoned illusion of high growth
Instead of chasing rapid growth rates at a time when the world economy is sputtering, China is emphasizing job creation and macroeconomic stability.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Tech giants start to treat Southeast Asia like the next big thing
Attendees arrive for Microsoft's event on AI technologies in Jakarta on April 30.
First 'extreme' solar storm in 20 years brings spectacular auroras
A meteor is seen in an aurora borealis above Lausanne and the Jura from the Tour de Gourze in Riex, Switzerland, on Saturday.
In first month of operations, ride-hailing services used more than taxis in Tokyo
As of last Sunday, ride-hailing services, which use personal vehicles to offer paid rides, had been used a total of 12,628 times in five areas.
Suspect, 25, first to be hit with murder charge over bodies found in Tochigi
Ryoken Hirayama, 25, is escorted by police as he leacves the Osaki police station in Tokyo's Shinagawa Ward on April 22. Hirayama is the first of six people arrested in connection with the murder of a Tokyo couple in Tochigi Prefecture to be charged with murder.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.
Will Australia’s next frigates come from Japan?
The Mogami-class frigate, which features stealth capabilities and is operated by Japan's Maritime Self-Defence Force, falls within the very broad guidelines of what is being sought by Canberra.

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