Business / Economy Jan 20, 2015

IMF cuts global projections, citing Japan and eurozone economies

The International Monetary Fund has cut its projections for global growth from earlier forecasts in October, citing factors such as weak investment. It also revised downward expectations for major economies such as the eurozone and Japan. The semiannual World Economic Outlook by the Washington-based lender ...

Business Jan 15, 2015

GM sees improved profit in 2015 on China, U.S. growth

General Motors Co on Wednesday forecast its 2015 operating profit will increase from last year due mostly to growth in its two largest auto markets, China and the United States. As it moves past a year marred by massive recalls from a defective ignition switch ...

Business / Economy Nov 27, 2014

U.S. consumer, business spending data point to slowing growth

U.S. consumer spending rose modestly in October and a key measure of business spending plans on equipment fell for a second straight month, suggesting some slowing in the pace of economic growth. Other data on Wednesday showed initial claims for jobless benefits broke above 300,000 ...

Business / Economy Oct 8, 2014

IMF slashes economic growth projection for Japan

The International Monetary Fund on Tuesday slashed its projection for Japan's economic growth by the most of any developed country, while also cutting its growth estimate for the global economy in view of mounting geopolitical tensions. In its semiannual World Economic Outlook report, the IMF ...

BOJ steps up growth 'rhetoric'

Business / Economy May 31, 2014

BOJ steps up growth 'rhetoric'

Japan's risk of spurring inflation without boosting the nation's growth potential is raising the stakes for Prime Minister Shinzo Abe's next round of economic restructuring measures, due in June. An economy "with low real growth rates under mild inflation" is possible, should the government fail ...

Land prices rise in big metro areas

Business Mar 18, 2014

Land prices rise in big metro areas

Residential land prices in Tokyo, Osaka and Nagoya rose by an average of 0.5 percent last year, while commercial land prices increased by an average of 1.6 percent, both rising for the first time in six years.