Tropical Storm Harvey inflicted more damage on the heart of the U.S. energy industry overnight after flooding the biggest U.S. refiner in Texas and then churning into Louisiana, causing fuel shortages and high gasoline prices that could afflict the country for weeks. Harvey's disruption of ...
The central bank reduces its inflation forecast, signaling that any exit from its unprecedented monetary easing policy remains far away.
Naruhito Nogami, a 37-year-old systems engineer in Tokyo, drives to discount stores on weekends to buy cheap groceries in bulk, even though he earns enough to make ends meet and the prospects for Japan's economic recovery are brighter. "I do have money, but I'm frugal ...
Core consumer prices fell for the seventh month straight and household spending slumped in September, endorsing the Bank of Japan's view it will take more time for inflation to accelerate to its 2 percent target as the economy stagnates. While the sluggish indicators come as ...
Japan's consumer prices fell 0.5 percent in June from a year earlier for the fourth straight month of decline, the government said Friday, adding pressure on the Bank of Japan to further ease monetary policy to boost inflation. The core consumer price index, which excludes ...
Wholesale prices fell 4.2 percent in June from a year earlier for a 15th straight month of decline, impacted by falling crude oil and commodity prices, as well as a strong yen, Bank of Japan data showed Tuesday. The index of corporate goods prices stood ...
The U.S. Department of Agriculture will buy up to 30 million pounds 30,000,000 pounds (13.6 million kgs) of wild blueberries to help stabilize prices and supply, as officials say the low value of the Canadian dollar has hurt one of Maine's signature industries. The members ...
Japan's wholesale prices dropped 3.1 percent in January from a year earlier for the 10th straight month of decline, with a slowing Chinese economy and oversupply concerns leading to lower crude oil and other commodity prices, the Bank of Japan said Wednesday. The index of ...
Japan's economy barely grew late last year, data released Friday suggest, as stagnant incomes, the slowdown in China and the mixed blessing of lower oil prices hobbled Prime Minister Shinzo Abe's recovery strategy. Abe's push to revitalize the world's third-largest economy took another blow with ...
The number of property transactions in the nation has tumbled, rents have been muted and inflation expectations have waned — all of which has prompted a growing number of analysts and economists to turn bearish on property prices, which have been recovering since Prime ...
Regular wages increased in July by the most in nearly 10 years, aiding Prime Minister Shinzo Abe's efforts to reflate the world's third-biggest economy. Base pay climbed 0.6 percent from a year earlier, the biggest increase since November 2005, the labor ministry said on Friday. ...
The third time inflation has fallen to zero in this year persuaded some market watchers that "Abenomics" needs to be taken back for an overhaul. The government will be forced to delay an increase in the sales tax scheduled for April 2017 and the Bank ...
