Growth is expected to continue in coming quarters, offering the Bank of Japan hope that a tight labor market is finally starting to boost consumer spending.
The economy expanded at a slightly slower than expected 1.0 percent annual pace in 2016, helped by an uptick in exports.
In Japan people say neru ko wa sodatsu — a child who sleeps well grows up well. But does sleeping really bear a causal relationship to a child's height? In an attempt to find out whether this well-known proverb can be scientifically backed up and ...
The government has slashed its domestic economic growth projection for this fiscal year because an anticipated purchasing surge did not materialize after the second stage of a consumption tax hike was postponed. Given Wednesday's reassessment, the government now expects the economy to grow 0.9 percent ...
The government is expected to cut its growth projection for the Japanese economy for fiscal 2016 to 0.9 percent in price-adjusted terms from 1.7 percent due to the absence of last-minute purchases, given the postponement of the consumption tax hike, sources said Tuesday. Before Prime ...
For much of the economy's fitful and sluggish six-year recovery from the Great Recession, analysts have foreseen a sunnier future: Growth would pick up in six months, or in a year. That was then. The latest Associated Press survey of leading economists shows that most now ...
Economists from Nomura Holdings Inc. to BNP Paribas SA lowered their forecasts for the economy this week, making the central bank's growth outlook for this year look increasingly optimistic. The trigger — a second-quarter contraction reported on Monday — also led Bank of America Corp. ...
A Pacific free trade pact would give a big boost to Japan's economic growth and individual incomes, according to an International Monetary Fund economist. "It could be annually between 0.2 to 0.3 percent (percentage point) per year as an additional impact on growth," Luc Everaert, ...
Job openings stayed close to a 15-year high in May. It's a sign that companies are expecting continued economic growth, but the level of advertised jobs hasn't driven the same kind of increase in actual hiring. The Labor Department said Tuesday that the number of ...
Prime Minister Shinzo Abe will seek an agreement with the leaders of five Southeast Asian nations during a summit this Sunday in Tokyo that they will aspire to "high-quality growth" in the Mekong region, government sources said. As Beijing readies to launch the Asian Infrastructure ...
The government on Monday kept its basic opinion of the economy unchanged for June but upgraded its view on capital spending as companies moved to increase investment. "The Japanese economy is on a moderate recovery," the Cabinet Office repeated in its latest monthly economic report, ...
The Organization for Economic Cooperation and Development on Wednesday upgraded its growth outlook for the economy for 2015 and 2016, aided by lower oil prices that are expected to boost global demand. In its interim economic assessment report, the Paris-based organization said Japan's economy is ...
