Business Apr 12, 2016

Japan's used car sales up 1.7%, first rise in three years

Sales of used cars in Japan rose 1.7 percent in fiscal 2015 from the previous year to 3,733,321 units, marking the first growth in three years, an industry body's data showed Tuesday. The number of used vehicles, excluding minicars with engines no larger than 660 ...

Business / Economy Dec 8, 2014

Lending data bucks recession with help from yen

Bank lending unexpectedly rose at its fastest pace since 2009, a positive sign in an economy that Prime Minister Shinzo Abe is trying to steer out of the deeper than expected recession. Loans, excluding lending by local "shinkin" credit banks that serve consumers and small ...

Business / Economy Dec 8, 2014

Current account posts surplus for fourth straight month

Japan posted a current account surplus of ¥833.4 billion in October, the fourth straight month of black ink as income from foreign investment soared to a record high and outweighed a huge trade deficit, the government said Monday. Exports surged 11.2 percent from a year ...

April-June machinery orders plunge at fastest pace in five years

Business / Economy Aug 14, 2014

April-June machinery orders plunge at fastest pace in five years

Core private-sector machinery orders fell at the fastest pace in more than five years in the April-June quarter, the government said Thursday, underscoring corporate reluctance to boost investment after the April 1 consumption tax hike. The orders, which exclude those for ships and from utilities ...

Business / Economy Aug 8, 2014

Japan logs largest six-month current account deficit ever

Japan logged a current account deficit of ¥507.5 billion in the first half, the biggest for any six-month period on record, government data showed Friday, underscoring its diminishing ability to earn money abroad. It was also the first time since officials started compiling comparable data ...

Offers-seekers ratio at highest since '92

Business / Economy Jun 27, 2014

Offers-seekers ratio at highest since '92

Nationwide job availability improved in May to the best in about 22 years as the unemployment rate fell to 3.5 percent, the lowest in more than 16 years, the government said Friday. As companies became more willing to hire workers amid an uptick in the ...