Japan trade deficit shrinks 77% to ¥1.73 trillion

Business / Economy Jul 23, 2015

Japan trade deficit shrinks 77% to ¥1.73 trillion

Japan's goods trade deficit in the January to June period shrank 77.4 percent from a year earlier to ¥1.73 trillion ($13.9 billion), due partly to smaller imports on the back of declining crude oil prices, the government said Thursday. The smaller deficit, which followed a ...

Editorials Jan 26, 2015

Making the most of cheaper oil

The steep fall in crude oil prices has certainly benefited consumers, but Japan needs to develop a wise energy policy that shields it from the vagaries of oil-price fluctuations over the long term.