Business Apr 8, 2014

February current account rebounds for first surplus in five months

The nation's current account rebounded into surplus in February from a record deficit the previous month as income from overseas investments outweighed deficits in trade and services. The ¥613 billion surplus was the first in five months, the Finance Ministry reported Tuesday. The median forecast ...

Business / Economy Sep 9, 2013

Current account surplus eroded by import costs

Japan's current account surplus shrank 12.9 percent from a year earlier to ¥577.3 billion in July, due mainly to skyrocketing import costs driven by the government's weakening of the yen, government data said Monday. The surplus in the balance of international payments, one of the ...