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Japan economy News

08 Jul 2022

Shinzo Abe sought to revive Japan's economy, restore traditional values

Shinzo Abe has been Japan`s longest-serving prime minister Abe launched his "Abenomics" policies to lift the economy out of deflation He also beefed up Japan`s military and sought to counter China`s growing clout in a historic two-term tenure

16 Nov 2020

Japan's economy vaults back from COVID-induced recession, but outlook murky

Japan`s economy grew at the fastest pace on record in the third quarter. Japan's economy rebounded sharply from its biggest postwar slump. However, analysts painted the sharp bounceback as a one-off from the depths of recession.

Japan services sector

06 Nov 2017

Japan October services PMI rises to more than two-year high as new orders accelerate

The composite PMI, which includes both manufacturing and services, rose to 53.4 from 51.7 in September to reach the highest level in five months.

Japan postal service sale

25 Sep 2017

Japan raising up to $11.6 billion in postal giant share sale

Japan Post shares have not performed particularly well, hanging below their 1,400 yen IPO price.

25 Jul 2016

Japan logs first half-year trade surplus since Fukushima

Japan posted its first half-year trade surplus since the 2011 Fukushima nuclear disaster, which sent the country`s energy import bills soaring, data showed Monday.

Japan trade deficit

20 Jun 2016

Japan returns to trade deficit in May

Japan fell into a trade deficit in May, the first since January, as export declines accelerated while imports dropped, the finance ministry said Monday.

13 Jun 2016

62% of Japanese doubt PM Shinzo Abe's ''Abenomics''

At least 62 per cent of Japanese public showed their doubt about the effectiveness of Prime Minister Shinzo Abe`s economic policy mix dubbed "Abenomics", said the latest nationwide poll released on Monday.

18 May 2016

Abenomics not likely to lift Japan out of sluggish growth

The reform plans championed by Prime Minister Shinzo Abe, known as Abenomics, are not likely to lift Japan out of sluggish growth, they said, citing the persistent deflationary risks and weak investment growth.

03 May 2016

China, Japan growth to slow sharply in 2016, IMF warns

China and Japan's economies are expected to slow sharply over the next two years but Asian growth will remain strong as domestic demand takes up the slack from weak global trade, the IMF said on Tuesday.

JAPAN PARLIAMENT

29 Mar 2016

Japan approves record $852 billion budget

Japan`s parliament on Tuesday approved a record $852 billion budget for the next fiscal year which begins on April 1.

15 Feb 2016

Japan economy shrinks during Q4 in body blow for `Abenomics`

Japan`s economy contracted in the last quarter of 2015, official data showed Monday, dealing another blow to Prime Minister Shinzo Abe`s faltering bid to kickstart the world`s number three economy.

30 Nov 2015

Japan's industrial output, retail sales rise for second straight month

Japan`s industrial output rose for a second straight month in October and retail sales grew much faster than expected - a tentative sign of the economy`s recovery from a recession.

17 Nov 2015

Japan's economic soft spot may continue, fear experts

Japan's economy slipping into a technical recession for the second time since Prime Minister Shinzo Abe came to office.

25 Sep 2015

Japan's Abe airs Abenomics 2.0 plan for $5 trillion economy

Prime Minister Shinzo Abe's updated plan for reviving Japan's economy and achieving a GDP target of 600 trillion yen (USD 5 trillion) suggests a recognition that earlier policies are not doing the trick.

Japan Prime Minister

24 Sep 2015

Reports say Japan's Abe to air plan for $5 trillion economy

Japan's prime minister Shinzo Abe, fresh from a bruising battle over unpopular military legislation, plans to announce a fresh outline for reviving the world's third-largest economy that would set a GDP target of 600 trillion yen (USD 5 trillion).

08 Sep 2015

Japan Q2 GDP shrinks less than expected on inventory gains

Analysts expect any rebound in July-September growth to be feeble as factory output unexpectedly fell in July and China`s slowdown dampened prospects for a solid recovery in exports.

Japan factory output

31 Aug 2015

Japan factory output turns down in July as China demand slumps

Household spending also fell 0.2 percent in July after declining 2.0 percent in the previous month, the ministry said.

19 Aug 2015

Japan's trade deficit narrows but export volumes stumble

The finance ministry said Japan`s monthly deficit came in at 268.05 billion yen ($2.15 billion), well below 966.5 billion yen a year earlier.

17 Aug 2015

Japan economy`s Q2 contraction a blow for 'Abenomics'

Weak domestic consumption and slow exports weighed on the world`s third largest economy, which shrank an annualised 1.6 percent, after posting growth in the previous two quarters.

31 Jul 2015

Japan inflation tepid, spending falls in June

Separately, the ministry said household spending fell 2.0 percent in June against market expectations for another rise after a 4.8 percent increase in May.

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